Blockchain development platform HashCash Consultants is launching a blockchain-based travel rewards portal with an unnamed travel company, offering users “resort-style check-in at affordable rates,” among other perks, according to a company press release Tuesday (June 21). The initiative will also feature discounted prices and a...
As bitcoin crashed well below the psychologically important $20,000 mark over the Juneteenth holiday weekend, bottoming out at levels not seen since the very beginning of the crypto bull market in November 2020, fears are growing that it will get a lot worse before it...
A report Monday (June 20) from Israel’s central bank suggested that decentralized finance (DeFi) smart contracts may require oversight to prevent “malicious” acts, Bloomberg wrote. Researchers from the Bank of Israel conducting the bank’s first experiment in a central bank digital currency (CBDC) reported that...
While cryptocurrency’s popularity has not skyrocketed as quickly as was expected in some early predictions, it has experienced steady growth, and that trend is not likely to abate. A PYMNTS survey of United States crypto owners found that 30% had used crypto for online purchases...
On June 10, El Salvador was down about $38.1 million on its bitcoin investment. By Friday (June 17), that number had grown to $57.6 million. That’s $19.5 million out of the Salvadoran treasury in the space of a week, thanks to a plummeting bitcoin amid...
In the "Blockchain Payments Tracker," Meadow Labs' Serkan Terek discusses how the company's eco-friendly blockchain technology is helping Australia Zoo issue new NFTs that support its conservation mission while also considering its environmental conscience.
When blockchain emerged as the underlying technology behind cryptocurrencies, the heavy energy use and system resources required for each transaction created slow transaction speeds and environmental concerns. Even from that inception point, the potential of blockchain technology attracted both commercial and noncommercial players interested in...
J.P. Morgan is working on a way for DeFi developers to leverage the potential of non-crypto assets, a CoinDesk report said Saturday (June 11). According to Tyrone Lobban, head of Onyx Digital Assets with the bank, the plan to tokenize U.S. Treasurys or money market...
Almost year ago Sunday (June 5), President Nayib Bukele announced El Salvador would make bitcoin a legal tender, on par with the U.S. dollar. With bitcoin at $36,000 on that day, things looked even better on the morning of Sept. 7, when the law went...
