Bitcoin’s “adoption boom” heads to Sin City
International Game Technology, an international juggernaut in the gaming industry, is laying the groundwork for making crypto an integral part of casino gambling.
Intercontinental exchange crypto venture Bakkt nears SPAC deal: report
Bakkt, a venture by Intercontinental Exchange, is in advanced stage talks to go public through a merger with blank-check firm VPC Impact Acquisition Holdings.
Digital securities sector continues development, as spotlight shines on cryptocurrencies
With the ICO craze well behind us, various companies are now focusing their efforts on facilitating digital securities offerings (also called Security Token Offerings).
Visa-backed Bitcoin startup to launch Lightning-based global payments app
Since national exchanges are usually integrated with the local banking system, using Bitcoin or other cryptocurrencies allows much cheaper conversion rates compared to cross-border banking.
Veteran investor Bill Miller calls bitcoin a ‘rat poison’ but for cash
According to Miller, the current relative trickle into bitcoin would become a torrent if more companies invest in the cryptocurrency, irrespective of inflation.
JPMorgan analysts predict bitcoin might go on to hit $146,000 this year
According to the Bloomberg report, this would match the total private sector investment in gold via exchange-traded funds or bars and coins.
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Shenzhen gives away $3 million worth of digital yuan in third CBDC test
The government is giving away 100,000 packets via a lottery to local residents, with each packet worth 200 digital yuan. The lottery is part of the ongoing real-life test of China's central bank digital currency.
Panthers’ Russell Okung becomes first NFL player to be paid in bitcoin
The arrangement is made possible by bitcoin startup Zap, whose Strike product enables traditional paychecks to be converted into BTC. And other pro athletes are looking to follow suit.
Lending platform Vauld raises $2m to grow into a full crypto bank
Vauld follows a number of crypto firms seeking to operate as crypto-native banks. Recently, stablecoin issuer Paxos and payments firm BitPay filed to become federally regulated banks in the U.S.
Miami mayor touts bitcoin as a stable investment during an unstable year
Francis Suarez called bitcoin a “stable investment” during an “incredibly unstable year.” The mayor is the latest high-profile figure to praise bitcoin, highlighting how mainstream adoption is growing.
Swiss crypto bank Sygnum tokenizes shares and prepares for public offering
Sygnum claims to be the first bank to tokenize its shares in preparation for a public offering. It did so on the Ethereum blockchain using a proprietary tokenization platform.
Sygnum is about to revolutionize the banking sector
Daniel Creech explains why IPOs are about to go extinct… And why a Swiss bank’s security token offering (STO) is a breakthrough for the sector… and a boon for individual investors.
