The low cost airline Flybondi, in Argentina, partnered with the travelX platform to tokenize air tickets for your travels. This was reported by the news portal economiasustentable.com. Air tickets can be purchased through the travel.xyz page and will be converted to NFTickets. The tickets will be paid in principle through the virtual wallet Binance Pay. TravelX conducted a commercial agreement with the airline to allow the conversion of its tickets to NFTickets. Through the travel.xyz platform, users will be able to buy your tickets with tokens in addition to being able to transfer them, resell them at a fixed price…
Author: Matthew
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With the adoption of cryptocurrencies growing in various parts of the world, Spain continues to find major developments in its local blockchain space as its largest telecommunications service provider dives further into Web 3.0 technologies. Telefónica, the multinational telecommunications company based in Madrid, has enabled payments with cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC), USD Coin (USDC) and many others in its online technological market called “You”. The company has integrated a cryptocurrency payment function provided by the Spanish cryptocurrency exchange Bit2Me to receive cryptocurrencies in exchange for its technology products. The exchange hinted at the integration during…
Major decentralized exchange (DEX) Uniswap (UNI) is in the early stages of raising significant funds to further expand its decentralized finance (DeFi) offerings, according to a new report. Uniswap Labs, a DeFi startup contributing to the Uniswap protocol, is engaging with a number of investors to raise a $100-$200 million capital round.as reported by TechCrunch on September 30. The startup is working with investors such as Polychain and one of Singapore’s sovereign wealth funds as part of the next round of funding, the report said, citing two unnamed people familiar with the matter. According to the report, Uniswap would be…
Bitcoin (BTC) miners remain under pressure at current price levels as data shows large withdrawals from miners’ wallets are again taking place. According to on-chain analytics firm Glassnode, miners’ monthly sales amounted to about 8,000 BTC in September. Bitcoin miners sell large amounts of coins In contrast to the lows of June, when the BTC/USD pair hit its current multi-year low of $17,600, miners are currently selling sizable amounts of BTC. According to Glassnode, which tracks the evolution of miner balances over 30 days, at the beginning of the month miners had lost a maximum of 8,650 BTC from the…
The attack on bitcoin (BTC) has not stopped, even in the depths of a bear market; more research has questioned its energy use and its impact on the environment. The latest work by researchers from the economics department at the University of New Mexico, published on September 29, states that, From a climate damage standpoint, bitcoin works more like “digital crude” than “digital gold.” The research attempts to estimate the energy-related climate damage caused by bitcoin proof-of-work (PoW) mining and make comparisons with other industries. Alleges that between 2016 and 2021, on average every $1.00 in BTC market value created…
blackrock, the world’s largest asset manager, has just launched a new exchange-traded fund (ETF) to give European clients exposure to the blockchain industry, while reports indicate a Metaverse-focused ETF could be on the way. The new blockchain ETF launched on September 27 is called the iShares Blockchain Technology UCITS ETF. BlackRock said that 75% of its holdings consist of blockchain companies such as miners and exchanges, while the other 25% are companies that support the blockchain ecosystem. The fund includes 35 global companies from a total of 50 holding companies, which also includes fiat cash and derivatives, but does not…
State regulators in Texas and Vermont have filed a motion opposing beleaguered crypto lender Celsius’s plans to sell its stablecoin holdings. Separate motions from both regulators, filed on September 29, argue that There is a risk that the company may use the capital to resume operations in violation of state law. Requests occur after On September 15, the Celsius legal team will apply to the United States Bankruptcy Court for the Southern District of New York for permission to sell its stablecoin holdings, reportedly worth around $23 million. The hearing to accept or reject the motion will take place on…
The cryptocurrency influencer Lark Davis has refuted new accusations by Twitter on-chain sleuth ZachXBT of promoting “small-cap projects” to his audience “only to get rid of them soon after.” Davis was responding to a Twitter thread posted by Zach on September 29, which contained allegations that he got a gain of more than USD 1.2 million through the sale of cryptocurrency project tokens that he was allegedly paid to promote without disclosing it. In a thread of 17 parts, Zach showed eight examples of what is supposedly Davis’s crypto wallet when he received tokens from new cryptocurrency projects, Davis subsequently…
Terraform Labs, the company behind the development of the Terra blockchain, said South Korea’s case against its co-founder Do Kwon has become politicized, alleging that prosecutors broadened the definition of a security in response to public pressure. “We believe that this case has become highly politicized and that the actions of the Korean prosecutors show that they are unfair and that they do not respect the basic rights guaranteed by Korean law,” said a spokesperson for Terraform Labs. to the Wall Street Journal on September 28. South Korean prosecutors issued an arrest warrant for Kwon on September 14 for violations…