Akon Launches Crypto City Project in Senegal
Multi-award winning singer and entrepreneur Akon has been awarded a $6 Billion contract to build a futuristic crypto city in Senegal. The contract was awarded by U.S. engineering firm KE International and will use Akon’s Akoin cryptocurrency for transactions. Based on
Kakao’s New Crypto Wallet Surpasses 100K Users
South Korea’s messaging giant Kakao says more than about 2% of the Kakao Talk app users or about 100,000 have signed up for the new crypto wallet function offered in the app. According to the firm, the 100K mark was
SBI VC Offers Free XRP With New Customer Registration
Recently, in a press release, Japan-based SBI VC trade announced that starting June 1, new registrants to its portal will receive a gift of 50 XRP ($10). The company stated that the gift season will run for 4 months, beginning
Sberbank Wants 5,000 Blockchain ATMs
Sberbank, Russia’s biggest bank by market capitalization and market share, wants to spend more than $100 Million on 5,000 blockchain-enabled ATMs that can mine cryptocurrency. The bank is now looking for tenders who can supply 4,917 ATMs with customized graphic cards
Reddit Introduces Point Reward System On Ethereum Blockchain
One of the most popular content aggregation platforms, Reddit, has announced a new reward system that will give Ethereum-based rewards for good behavior within the Reddit community. The points will be given to users with the most “quality posts and comments
Ukraine Legalizes Crypto Payments
Ukranian Lawmakers of the Verkhovna Rada, the legislative arm of the Ukranian government, have officially adopted a new crypto bill. The bill incorporates Anti-Money Laundering (AML) best practices within the Ukranian crypto legal framework. Ukraine Sees Crypto as Property Cryptos are officially
Opera Gives Users Access to Bitcoin & Tron
We’ve talked many times about how people across the globe, regardless of economic status often have access to a smartphone… and how because of this, we believe that mobile devices such as cell phones will help to spur on the
LINE Becomes An Industry Leader In Cryptocurrency
Several big-name firms have entered the crypto space in 2019 and the adoption of blockchain and digital assets has been fast-tracked. Companies such as IBM and Microsoft have announced significant projects that will involve groundbreaking technologies. These tech firms have entered
Apple Sees a Long Term Potential in Crypto
Many who are siloed in the cryptocurrency space often wonder about mass adoption. What will it take to happen? How long before crypto replaces fiat? The list of questions goes on and on… So when we hear about many companies and banks showing a
UN Official Claims Crypto Makes Fighting Crime & Terrorism Harder
Some of the major crimes in the world still revolve around money laundering, cyber-crime and terrorist activities. According to one UN official, it is becoming even more difficult to meet these threats because of cryptocurrency. The UN's Office on Drugs and