El Salvador buys first 200 BTC, confirms President Bukele

ByMr. Advice

El Salvador is the first country in the world to recognise bitcoin as legal tender. Despite opposition from local groups, the government believes the cryptocurrency will be a net positive for the economy and society. Salvadoran President Nayib Bukele confirmed on Monday that his government had bought its first 200 bitcoin (BTC) ahead of Tuesday's introduction of a new law to make the cryptocurrency legal tender. "Our brokers will be buying ...

You can now pay for parking tickets in Bitcoin across Europe

ByMr. Advice

Seety, SHOP.COM and Worldline are the latest companies to accept cryptocurrencies as a means of payment. Belgian digital start-up Seety has enabled its app customers to pay for parking in Antwerp and Brussels using Bitcoin (BTC). In addition to the king of cryptocurrencies, the option includes other digital assets such as Ethereum (ETH) and Dogecoin (DOGE). As reported by local media outlet DataNews, the Belgian app...

DeFi's leading projects launch $100m global adoption initiative

ByMr. Advice

A consortium of leading decentralised finance protocols (DeFi) has announced a $100 million joint funding venture entitled 'DeFi for the People'. The DeFi apps involved in the project - including Aave, SushiSwap, Curve, 0x and PoolTogether - will provide a total of up to $100 million in educational initiatives, grants and incentives to educate people around the world about...

Almost 8% of BitCoin held by corporations

ByMr. Advice

As reported by Bitcoin Treasuries, as many as 1,660,473 BitCoin (BTC) are on the balance sheets of companies and corporations. This is approximately 8% of all Bitcoin that may ever be in circulation. If we take the current number of BTCs that are currently in circulation, it is safe to say that as much as 10% of all Bitcoin is in the hands of companies. The largest holder of Bitcoin among companies is.

Why work when you can make a living simply by playing games or creating art.

ByMr. Advice

Axie Infinity players earned around $30 million this week. That's right, over $4 million a day goes into the pockets of (amateur) players playing this blockchain-based game (check out the latest stats here)! But gamers are not the only ones benefiting from the NFT revolution. The second group of people to whom NFTs benefit greatly are Artists. Only in...

Swiss B2B bank InCore launches new tokenisation tool using Tezos

ByMr. Advice

InCore Bank has also announced the upcoming launch of Tezos custody, staking and trading services aimed at financial institutions. Deutsche Boerse-backed digital asset company Crypto Finance AG and Swiss transaction bank InCore are launching a new tokenisation tool based on the Tezos blockchain. InCore Bank officially announced the new partnership with Crypto Finance on Tuesday....

Alibaba launches NFT marketplace for copyright trading

ByMr. Advice

The Alibaba service has launched a new marketplace where trademark owners can sell NFTs representing licences to their copyrights. Chinese multinational e-commerce company Alibaba Group Holding has launched a new marketplace for non-exchangeable tokens (NFTs), which allows trademark owners to sell stokenised licences to their intellectual property. The new NFT marketplace, dubbed 'Blockchain Digital Copyright and Asset-Trade', is available through...

London court orders Binance exchange to track down hackers behind $2.6m Fetch.ai attack

ByMr. Advice

"We need to dispel the myth that cryptocurrency assets are anonymous. In fact, with the right rules and applications, they can be tracked and recovered," said Syedur Rahman. Artificial intelligence research lab Fetch.ai has received a request for cryptocurrency exchange Binance to identify those behind the $2.6 million hack and theft. According to a report by Reuters on Friday, the Royal Court of Justice in London ordered the...

It's 2021 and now, it's official, we're changing the name from savings account to waste account - Piotr Borowiec

ByMr. Advice

If you keep money in a savings account, you'd better read this! Due to unprecedented money printing in recent years, inflation is accelerating like crazy around the world. What's more, this is only the beginning and we can expect with a high degree of certainty that it will only get worse. Why is this happening and how can we protect ourselves from it? Read on to find out more!...

Metawers: Mark Zuckerberg's brave new world

ByMr. Advice

Mark Zuckerberg is trying to create his own metaverse, which would result in even more centralisation, leading to a dystopian future. If Facebook turned out to be human, where would he/she/they currently be? Most likely in prison... for a very long time. The company's transgressions are too numerous to list. But Facebook is not human; it is a company, and a very profitable one at that. In fact, it is...