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El Salvador has just decided to increase its bet on the blockchain industry, one of the most crypto-friendly economies globally. After recognizing Bitcoin as a legal tender, the country looks to reform its credit market. The government has promoted a strategic partnership with a company specializing in crypto loans. Understanding the implications of this decision can be tricky, and this article aims to shed some light on the subject. Shaking up the credit market The National Commission for Micro and…

BlackRock is one of those asset management firms that often creates new exchange-traded funds (ETFs). However, the news of BlackRock's latest filing has made a lot of excitement in the blockchain world. The company announced its intention to open a fund to replicate the performance of the crypto sector. However, behind this statement, reported by many websites, some crucial nuances arise. Our article will analyze the news in detail, adding no information regarding BlackRock's position on cryptocurrencies. BlackRock is pursuing…

DROPP, an NFT-based project, is developing geo-location technology that will bring the metaverse to the real world. The platform adds a new dimension to the virtual world. Also, it allows users to interact with simulated 3D objects/environments in the real world. DROPP offers users an interactive platform where they can enjoy Geo-based minting, Land, and Augmented Reality (AR), developed with usable non-fungible tokens (NFTs). Participants in the emerging social metaverse can buy pieces of real estate dubbed 'DROPP LAND.' They…

Yet another multi-million dollar hack has impacted the crypto ecosystem. This time, it's against Wormhole – a famous cross-chain bridge to bring non-native cryptocurrencies to other blockchain networks. Over $300 million worth of wETH were unfairly generated through a protocol exploit. This comes a month after Vitalik warned the crypto-community of the security flaws inherent with cross-chain protocols and intermediaries. Hours ago, Wormhole warned the community of a potential protocol to exploit over Twitter. The team put the network under…

El Salvador legalized Bitcoin as legal tender in September. However, surveys show that the nation’s Bitcoin law didn’t sit well with the broader population. This was mainly due to misunderstandings and a lack of education on the asset. Paxful may be about to fix that. The peer-to-peer Bitcoin marketplace has just announced the launch of La Casa Del Bitcoin. The initiative is a Bitcoin educational and training center in the region. Getting Schooled On Bitcoin According to a press release, Paxful’s…

The position of the Russian regulator has become increasingly restrictive towards cryptocurrencies in 2021. By the start of 2022, we have received several reports of further legislative moves that Moscow is allegedly studying. The positions on the issue in the country are different, and, to date, the direction of the policymakers is unclear. In this article, we provide an overview of the situation, reporting the opinion of several prominent people on this topic. An evolving situation At the moment, in…

Michael Saylor – CEO of Microstrategy – has kicked off his Bitcoin for Corporations event, presenting the benefits of Bitcoin for businesses. The first virtual keynote was delivered by Block CEO and Twitter co-founder Jack Dorsey, who has centered his business’s focus around the network. In their first direct public meeting, both billionaires discussed their fascination with Bitcoin and its revolutionary potential. They also highlighted why it's extraordinary compared to other cryptos. A Meeting Of Maximalists Saylor began his interview…

The number of people increasingly interested in cryptocurrencies appears to be constantly growing globally. But unfortunately, we also know that the consequences of this situation include an increase in criminal activity linked to the sector. For this reason, the growing interest of financial regulators around the world comes as no surprise. Today we will address the recent news from Ireland, placing the country in a broader international context. The ASAI and the crypto marketing We define digital advertising as "crypto…

Amid a sea of over 17,000 cryptocurrencies today, Fidelity still considers Bitcoin unique from the crowd. The $4 trillion asset manager recently released a report arguing that Bitcoin is a superior monetary good to all other cryptos. That said, it highlights other cryptocurrencies and chains as thriving in different market niches. Therefore, they are complementary – not competitive – to Bitcoin. Bitcoin is One-of-a-Kind Fidelity’s report – titled “Bitcoin First” – was posted to its site on Monday by Chris…