Announcements

El Salvador announced Saturday plans to create a “Bitcoin City” near a volcano funded by the cryptocurrency, the President said. Also, the country plans to partner with Blockstream, a digital assets infrastructure company, to raise about $1 billion via a “Bitcoin Bond.” The Central American nation plans to build a “Bitcoin City” near the Conchagua…

US Payment giant Square released Friday the whitepaper of its decentralized Bitcoin exchange proposal (tbDEX). Jack Dorsey’s tbDEX is proposed to offer a direct way for people to convert their fiat into Bitcoin without having to go through multiple platforms. According to a statement posted on the website, Square’s Bitcoin business TBD released the whitepaper…

One of the world’s leading crypto exchanges, Gemini, has secured $400 million in a recent investment round led by Morgan Creek Capital. The funding round values the company at $7.1 billion. Gemini also plans to invest heavily in alternative metaverse proposals. Gemini, the cryptocurrency platform and exchange founded by twins Cameron and Tyler Winklevoss, has…

AMC theater chain has revealed that it is starting to let moviegoers in the United States pay for their tickets and snacks in Bitcoin and other cryptocurrencies. In August, AMC has announced that it will start accepting cryptocurrency by the end of the year. Now, company CEO Adam Aron has revealed on Twitter that you…

Prestigious auction house Sotheby’s has announced the company will be selling Banksy works for real-time bids in Ethereum (ETH) at an auction on November 18. The famed auction house claims it will be the first to accept crypto for a real-time auction of physical art — but other auction houses are not far behind. On…

The Middle East has established itself as a global hub for crypto innovation due to laws crafted by UAE regulators who recognize that the world is increasingly adopting cryptocurrencies and blockchain technology. Entrepreneur Ali Bader, the owner of Sky Investments, revolutionizes the UAE real estate industry, enabling investors to buy a property with crypto. In…