Bitcoin’s major upgrade, known as Taproot, has activated this weekend to improve the blockchain‘s functionality. It’s the first major upgrade since 2017. Developers are now able to add new features to improve privacy, scalability, and security on the Bitcoin blockchain. As Forbes reported, the long-awaited Bitcoin upgrade was deployed Sunday morning and will unlock the…
Breaking crypto news from the last week (Nov. 6 – 12, 2021): 06 Nov.: Mythical Games, a blockchain-based gaming company, has raised $150 million in a Series C round led by Andreessen Horowitz (A16z) at a $1.25 billion valuation. The firm will use the funds to expand its team, scale operations, and bring new game…
What cryptocurrencies are doing to the investment industry you could almost call mockery. This new asset class shows returns on investment many times superior to any traditional assets. Thirteen years ago, Bitcoin was created as a completely independent form of money, i.e., a means of payment. However, over time, it suffered the same fate as…
Slow invoicing processes causing cash flow problems are concerning businesses. To resolve these delays, Creative Zone, the large business-advisory company in the UAE that has served over 45,000 entrepreneurs, chose crypto invoicing through TripleA, realizing the benefits of the decentralized currency. TripleA’s crypto invoicing tool bridges the gap between companies who accept crypto and customers…
Famous crypto expert Michael Saylor, the Co-Founder, Chairman, and CEO of MicroStrategy, the world’s largest holder of Bitcoin, will give November 18 an exclusive interview at the upcoming Dubai Precious Metals Conference (DPMC). The session entitled ‘Gold versus Bitcoin: competition or coexistence?’ will also observe how blockchain technologies are set to enhance the market structure…
Saudi Arabia and the UAE are rolling out a red carpet of easy cryptocurrency regulation, US crypto entrepreneurs say. It’s setting up a contrast to the US, where officials are tightening crypto rules. Financial giants like Goldman Sachs CEO David Solomon and Blackstone CEO Stephen Schwarzman attended the Future Investment Initiative in Riyadh, where joined…