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The End of Bitcoin: Which Cryptocurrencies will survive a future crash?

During the Covid crisis, casual investors started to swap stocks and shares and even golf for investment in cryptocurrency, with Bitcoin and other altcoins like Ethereum proving to be hugely popular. Elon Musk continues to endorse cryptocurrencies on Twitter, and his company Tesla has invested $1.5 billion into Bitcoin, amounting to a huge 7.7% of its … Continue reading The End of Bitcoin: Which Cryptocurrencies will survive a future crash?

Swiss's Luxury Hotel Chedi Andermatt Accepts Cryptocurrency Payments

Swiss local media report Thursday The Chedi Andermatt, a luxury hotel run by billionaire Samih Sawiris, said it will allow guests to use cryptocurrency to pay for their stay in the Swiss Alps. The five-star luxury hotel locates in the most luxurious and secret ski resort in Switzerland-Andermatt, which was founded in 2013 . According to a Swiss news … Continue reading Swiss's Luxury Hotel Chedi Andermatt Accepts Cryptocurrency Payments

Crypto Miner Bitdeer Buys Storage Facility Le Freeport for $28M

Bitdeer, a mining company owned by Bitman co-founder Wu Jihan, spent Singapore dollars $40 million (about US$28.4 million) in July to acquire Le Freeport, the highest-security storage facility in Singapore, according to Bloomberg. Wu Jihan himself has confirmed the transaction. Formerly known as Singapore Freeport, Le Freeport is highly secure storage and display facility in Singapore. … Continue reading Crypto Miner Bitdeer Buys Storage Facility Le Freeport for $28M

EOS Foundation Signs MoU with Busan City to Boost Blockchain Investments

Following its recent partnership with crypto exchanges such as Binance, FTX, and Huobi to help develop its blockchain infrastructure, Busan, a city in South Korea, has now signed a Memorandum of Understanding (MoU) with a not-for-profit organization, EOS Network Foundation. This signing was done along with a partnership with a group of blockchain venture firms, … Continue reading EOS Foundation Signs MoU with Busan City to Boost Blockchain Investments

Multinational Corporations Continue to File Trademarks in Web3, NFTs, and Metaverse

As the digital world continues to expand, multinational corporations have been increasingly turning to trademarks to stake their claim in the realms of Web3, NFTs, and the metaverse. Despite the recent downturn in related markets, companies such as General Motors, Lacoste, and Walmart have been actively filing trademark applications for their brands and products. In … Continue reading Multinational Corporations Continue to File Trademarks in Web3, NFTs, and Metaverse

EOS EVM Mainnet Launch Improves Interoperability Between EOS and Ethereum

The EOS Network Foundation (ENF) has announced the beta launch of the EOS EVM mainnet, a significant milestone towards bridging the gap between two major blockchain ecosystems, Ethereum and EOS. The EOS EVM mainnet emulates Ethereum’s Virtual Machine (EVM) and enables developers to deploy decentralized applications (DApps) written in Solidity, the programming language used by … Continue reading EOS EVM Mainnet Launch Improves Interoperability Between EOS and Ethereum

EOS Network Foundation Urges Community to Reject $22 Million Block.one Settlement

In a current class action lawsuit in the United States, the EOS Network Foundation (ENF) has openly pushed the EOS community to reject the proposed settlement with Block.one, the business that created the EOS blockchain. On August 8, 2023, the information was published on the ENF’s official Twitter account. The EOS Network Foundation is a … Continue reading EOS Network Foundation Urges Community to Reject $22 Million Block.one Settlement

BitTrade Announces First-Ever Domestic Listing of EOS

BitTrade, a registered cryptocurrency exchange in Japan, announced today that it will commence the handling of EOS, a cryptocurrency used within the decentralized application platform, starting from September 13, 2023, at 15:00 JST. This marks the first-ever domestic handling of EOS in Japan. EOS, known for its use in smart contracts and decentralized applications, is … Continue reading BitTrade Announces First-Ever Domestic Listing of EOS