Get the full book now in Bitcoin Magazine’s store. This article is part of a series of adapted excerpts from “Bitcoin Is Venice” by Allen Farrington and Sacha Meyers, which is available for purchase on Bitcoin Magazine’s store now. You can find the other articles in the series here. “The first agricultural communities reached Europe’s doorstep in southern Bulgaria around…
Square Enix has announced its new mid-term business plan, reinforcing its blockchain pivot according to the documents presented. The company will continue to invest in key companies in the blockchain arena, including Animoca Brands and The Sandbox, and will also consider other investments in the area. Square Enix recently sold its Western studios for $300 million, but will reportedly not…
Major music streaming platform Spotify is reportedly testing the option of nonfungible tokens (NFTs) galleries on musicians’ profiles. Should the tests appear successful, the embedment of NFTs would serve to improve artist and fan experiences. Reports surfaced on Friday that Spotify is running a test for select users of the platform’s Android app in the United States. These users can see…
As the world accelerates towards a decentralized future, Fireblocks, a digital assets custody platform, announced the launch of their new Web3 Engine to help foster the development of the Web3 ecosystem. The company announced on Tuesday that the dedicated Web3 engine includes a set of tools for developers to create products and services in decentralized finance (DeFi), GameFi and nonfungible…
The dramatic fall of Terra (LUNA) along with the algorithmic stablecoin UST has been a major talking point among the crypto industry. And now South Korean conservative party has requested a parliamentary hearing on the matter. Korea’s conservative party requested to have a hearing about the Terra incident. The politician noted Korean exchanges each reacted differently to the crash. He…
Paxos launched a new blockchain-based pilot in partnership with State Street that boasts same-day settlement times (also known as “T+0”) for stock trading. Credit Suisse also participated in the pilot. Called the Paxos Settlement Service, the CEO and co-founder of Paxos Charles Cascarilla said that the private, permissioned blockchain solution “will revolutionize core market operations as our modern infrastructure improves…
press release PRESS RELEASE. At Bitcoin Vault (BTCV), the team pride itself on solving security issues that no one else can, which requires a great deal of creative thinking. But when a team can think outside the box, anything is possible. Now, it has been proven that creativity drives projects forward. BTCV is incredibly happy to announce that BTCV has…
This week will be remembered as the one when the stablecoins showed an unexpected ability to depeg. Terra’s TerraUSD (UST) dropped to a shocking $0.29 following the general meltdown of both crypto and financial markets, but it was also the headliner of stablecoins’ niche, while Tether (USDT) lost the balance and slid to $0.96 for a short time. The United…
Global crypto derivatives exchange BitMEX is expanding its platform beyond just derivatives by finally launching a spot crypto trading platform. BitMEX officially announced on May 17 that its spot crypto exchange, the BitMEX Spot Exchange, is now live, allowing retail and institutional investors to buy, sell and trade cryptocurrencies like Bitcoin (BTC) and Ether (ETH). At launch, the exchange supports…
The United States Department of Justice, State and the Treasury issued a joint advisery warning against the influx of North Korean workers in various freelance tech jobs, especially in the crypto industry The public advisory was released on Friday, highlighting the critical red flags and identifiers for private firms to avoid hiring North Korean workers. The U.S. agencies warned that…
