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China Updates Smart City Infrastructure with Blockchain-Based City Identification System
China Updates Smart City Infrastructure with Blockchain-Based City Identification System
Blockchain and IoT: Transforming Hong Kong into a Smart City
Blockchain and IoT: Transforming Hong Kong into a Smart City
Chinese City Tests Blockchain-Powered Cross-Border Financial Platform
Nanning, a Southern Chinese City, located in Guangxi Region, has experimented with a blockchain-enabled cross-border financial platform.
Positives Out of the Wuhan Coronavirus: Blockchain Educators in the City
For many outside of China, the city of Wuhan is now identified as being ground zero for the recent outbreak of the coronavirus, but some amazing innovation has come out of China's seventh biggest city in recent years.
Premier League Champion Manchester City Tokenizes its Players via Superbloke
It has been reported that the Premier League championship, Manchester city had signed South Korea’s Superbloke who is a sports game developer, to become the Club’s official blockchain-based gacha gaming partner in Korea, Japan and South-East Asia. Gacha games involve virtual currency.
Democrat Andrew Yang Wants New York City to Be a Hub For Bitcoin and Crypto
Democratic candidate for the office of New York Mayor, Andrew Yang wants to turn the city into a hub for Bitcoin (BTC), and other cryptocurrencies.
Akon’s Plans for a Futuristic Crypto City in Senegal Progresses with a $6B Construction Contract
American-Senegalese music icon Akon announced plans to build a cryptocurrency city that would revolutionize the developing economic landscape in Africa.
South Korean Telecom Giant and City Government Teams Up to Launch Major Digital Currency
KT, the largest telecom company in South Korea is planning to launch its blockchain-based digital currency in the second biggest city in the country, Busan.
(Press Release) Blockchain Summit Latam 2019 arrives in Mexico City
Blockchain Summit Latam 2019 arrives in Mexico, one of the iconic events of Blockchain and Cryptoassets in Latin America • Mexico City will have the most important event in Latin America around Blockchain and Cryptoassets technology, bringing together more than 50 high level speakers in 2 days full of information and knowledge.
Chinese Central Bank Approves the City of Chengdu for its FinTech Innovation Pilot
The Chinese central bank, People’s Bank of China has recently approved the city of Chengdu to carry out fintech innovation supervision pilots.
South Korea Declares Andong City as Blockchain Free-Trade Zone to Boost Medical Hemp Production
The South Korean government has designated Andong City as a free trade zone for hemp production, leveraging a blockchain network.
Former facilities worker who allegedly set up a secret cryptocurrency mining operation
After skipping a court arraignment session, Nadeam Nahas faces arrest for using a school's energy for bitcoin mining.
Dubai’s Blockchain Market to Surpass $118 Million by 2025
Smart Dubai, a government entity established in 2013 to make Dubai a smart city, has revealed that the application of blockchain technologies in the city will increase to Dh437 million, around $118M USD, by 2025 from Dh 35 million, approximately $95M USD, recorded in 2018
Ethereum Price Gains 45% in 24 hours, What’s Driving the ETH Price Rally?
The Ethereum price has made its largest single-day price gain in the crypto’s history, surging 45% in the last 24 hours, but what is behind the ETH price rally?
Hong Kong Science and Technology Park: Turning Tech Startups' Visions into Reality
Blockchain.News sat down with Peter Mok, Head of Incubation and Acceleration Programmes, HKSTP to gain further insight into the incubation initiative and the custom-made programs, that have been designed to support technology startups, and specifically how they could be utilized by blockchain startups.
MITRE and Mcity Launch Digital Platform for Autonomous Vehicle Validation
MITRE partners with Mcity to create a digital proving ground for autonomous vehicles, utilizing NVIDIA's Omniverse Cloud Sensor RTX APIs to enhance AV safety testing.
MARA Expands Capacity in Ohio with Strategic Acquisitions and Developments
MARA has significantly increased its compute capacity in Ohio by acquiring two sites and developing a greenfield data center, adding a total of 372 megawatts.
IOTA Co-Founder: DLT is Ideal for Smart Infrastructure in the United States
As the world is moving on to the 21st century, there is growing interest in upgrading city systems, which would require new technology as a solution.
Manchester City to Build Etihad Stadium Replica in the Metaverse
Premier League Champions, Manchester City, is making plans to build a replica of the Etihad Stadium in the metaverse.
OKX and Manchester City Launch Interactive Avatar Campaign Featuring Top Players to Inspire Fans to “Play For the City”
OKX, a world-leading Web3 technology company and Training Kit Partner of Manchester City, have today kicked off a new interactive metaverse avatar campaign with the Club. The new experience at playforthecity.com gives fans the opportunity to personalise their own digital avatars in Manchester City training kits and pre-match warm-up apparel with OKX branding.
Bitcoin will Reach $100K in 2022: Nayib Bukele Predicts
El Salvador President Nayib Bukele released on his official Twitter on January 2 his bullish forecasts for bitcoin in 2022. Among them, Nayib Bukele believes that the bitcoin price will reach a high of $100k in 2022.
eToro Sees More Bitcoin Demands Than Supply, Set To Ration Bitcoin Sales
eToro has noted that it has more demand for Bitcoin (BTC) than its current supply can support and the possibility of rationing sales is high
Swiss City Lugano Partners with Tether to Adopt Crypto Tax Payments
The City of Lugano in Switzerland has entered into a partnership with Tether Operations Limited to drive its technological advancement while enabling its capabilities to allow its residents to pay their taxes through cryptocurrencies.
Kosovo Imposes Ban on Crypto Mining After Facing Electricity Crisis
Cryptocurrency miners in Kosovo are facing a temporary ban on crypto mining from the government in order to curb electricity consumption as the country faces a severe energy crisis.
El Salvador Scoops 410 BTC as the Coin Slumps to a 5-Month Low
El Salvador President Nayib Bukele announced the country has acquired another 410 Bitcoins for just $15 million amid the ongoing Bitcoin dip.
Crypto.com Becomes 1st Crypto, NFT Partner with Women's Professional Sports Team Angels FC
Crypto.com announced on Tuesday that it has partnered with Los Angeles' Angel City Football Club (ACFC) for exclusive rights to issue official cryptocurrencies and NFTs.
Brock Pierce's Presidential Campaign Enlists Akon as Chief Strategist
Crypto entrepreneur Akon has announced that he will be endorsing Brock Pierce’s presidential campaign and joining the crypto venture capitalist’s campaign team.
Guggenheim’s Scott Minerd Says Bitcoin Price Should Rise to $400,000
Scott Minerd, Global Chief Investment Officer at Guggenheim Investments, believes that the price of Bitcoin will hit highs of around $400,000 based on its fundamental value.
Ether’s Net Issuance Dropped from Over 4% to 0.21% Last Week
Ethereum's supply continues to diminish based on the London Hardfork or EIP-1559 upgrade.
Oxford City Football Club Partners with CoinCorner to Accept Bitcoin Payment
Oxford City Football Club (OCFC), one of the world's most successful and coveted football clubs, has partnered with Isle of Man-based bitcoin company CoinCorner to offer bitcoin payments.
Bitcoin Mining Are Thriving with Cheap Electricity in Argentina
Bitcoin miners are capitalizing on Argentina’s subsidized electricity. The incentive appears to give international miners a viable alternative. Therefore it attracts them to set up their mining facilities domestically.
Bitcoin Educator Andreas Antonopolous Believes Oil Price Crash Gives US Bitcoin Miners an Advantage
Following the oil market crash in April, electricity prices have continued to fall globally. Bitcoin educator Andreas Antonopoulos believes that despite the disruption to industries, the oil market downturn could give US cryptocurrency miners an advantage.
Ethereum Scarcity Increases as Net Daily Issuance Hits a 2-Month Low
The daily net issuance in the Ethereum network continues to drop, signifying a supply deficit.
Burnt Ethereum Edges Closer to a Billion-Dollar Value
After the London Hardfork or EIP 1559 upgrade went live on August 5, the first-ever deflationary block on the Ethereum network occurred because scarcity was introduced every time Ether was burnt after being used in transactions.
Revolutionizing the NFTs- Telept City Launches Cutting-Edge AIGC NFT Platform for Web3
Telept Inc., a Web 3.0 startup, has announced today the launch of a ground-breaking first-mover Web PC platform Telept City, which empowers participants to create one-of-a-kind AI generated Non-Fungible Token (NFT) called X-Native. With its cutting-edge AI Generated Content (AIGC) image generation model that has undergone rigorous fine-tuning utilizing a vast database of images, and coupled with an intuitive game-like user interface, provides a novel and accessible AI Web 3.0 experience for participants of all levels.
El Salvador Bukele's administration proposed 'Bitcoin bonds'
El Salvador submitted a law to legalize digital assets in public issuances. The government intends to raise $1 billion for "Bitcoin city" Half of the cash would go to Bitcoin.
Do I need to Buy One Whole Bitcoin? 3 BTC Questions I’m Tired of Answering
Why is Bitcoin worth anything? Am I too late to buy Bitcoin? It’s too expensive, do I need to buy a whole Bitcoin? 3 questions that hound crypto journalists at parties.
Tether Invests in CityPay.io to Enhance Payment Solutions in Eastern Europe
Tether Operations Limited has invested in CityPay.io, a payment processing company in Georgia, to accelerate cryptocurrency adoption and introduce advanced technologies. The strategic partnership aims to provide seamless payment experiences for customers and businesses, with a projected user base of 400,000. Tether's CEO, Paolo Ardoino, is excited about the partnership.
Indonesian Police Raid Bitcoin Mining Operations Over $1 Million Electricity Theft
Indonesian police have closed 10 illegal Bitcoin mining operations, detained 26 individuals, and confiscated over 1,300 mining rigs, stealing nearly $1 million worth of electricity.
Malaysian Crypto Miners Caught Stealing $59,700 of Electricity from State on Monthly Basis
Malaysian police recently arrested five cryptocurrency mining operators that were caught stealing electricity from a state-owned power company, Sarawak Energy Berhad (SEB).
British University Reveals Blockchain-Enabled Digital Certificate to Water Down COVID-19 Dangers Across Supply Chains
Birmingham City University (BCU) in the United Kingdom is testing the waters with a blockchain-based digital safety certificate to safeguard consumers and suppliers from risks triggered by coronavirus (COVID-19). The digital certificate dubbed the Coronavirus Clearance Certificate (CCC), will be instrumental in reassuring stakeholders across supply chains that goods offered are risk-free.
Kyrgyzstan Government Increases Electricity Tariff for Crypto Miners
Kyrgyz authorities have hiked the electricity tariff for crypto miners. The increment comes after the cryptocurrency mining sector is seen as one of the major consumers of power in the country.
OKX Sponsors $20m Training Kit for Soccer Team Manchester City
Crypto exchange OKX, formerly OKEx, announced on Sunday that it will invest more than $20 million to sponsor Manchester City's training kit this season.
Iranian Power Plants to Supply Surplus Power to Bitcoin and Crypto Mining Farms
Power plants in Iran are considering supplying surplus electricity to Bitcoin and cryptocurrency mining farms in the nation.
Tether Amplifies Cryptocurrency Presence in Georgia: Invests in Payment Processor CityPay.io
Tether Operations Limited (USDT issuer), the driving force behind the highly adopted stablecoin blockchain platform tether.to, has magnified its presence in Georgia's cryptocurrency landscape through a strategic investment in CityPay.io.
EOS Foundation Signs MoU with Busan City to Boost Blockchain Investments
Following its recent partnership with crypto exchanges such as Binance, FTX, and Huobi to help develop the blockchain infrastructure in the city and the country, Busan, a city in South Korea, has now signed a memorandum of understanding (MoU) with not-for-profit organization, EOS Network Foundation.
Gate Pay and CityPay.io Partner to Bring Cryptocurrency Payments to Georgia
Gate Pay has partnered with CityPay.io to offer cryptocurrency payment alternatives to over 600 merchants in Georgia, including restaurant chain Wendy’s. The collaboration aims to bridge the gap between Web3 and people’s daily lives.
British Columbia Will Stop Crypto Miners From Getting Electricity
British Columbia's state-owned electric company will suspend bitcoin miners' electricity-connection requests for 18 months. The halt will enable the government and BC Hydro to create a permanent structure that better balances crypto miners and residents and businesses. BC Hydro powers seven crypto-mining businesses.
Brock Pierce and Blockchain Capital Sue Florida-Based Company for Copyright Infringement
Brock Pierce and his business partners are suing Blockchain Capital Management LLC (BCM) for copyright infringement.
Bitcoin Scarcity and PayPal Crypto Inclusion Send BTC Prices Higher, Says Pantera Capital
The shortage of Bitcoin supply is the cause of the recent price surge, and PayPal’s entry into the crypto space is having a huge impact on the BTC price.
El Salvador to Build the World's First Bitcoin City, Funded by Bitcoin Bonds
El Salvador’s President, Nayib Bukele has unveiled the country’s plans to build the first fully functional Bitcoin city, a project that is billed to be funded by a Bitcoin-backed, government-issued bond.
OKX Launches Dias Metaverse Fan Experience
OKX, a cryptocurrency exchange and Web3 technology developer, has announced the launch of a metaverse fan experience in collaboration with Manchester City footballer Rúben Dias. The immersive experience allows fans to virtually experience Dias’ favorite training techniques and receive coaching and tips.
Binance Signs Memorandum of Understanding With Asian City Busan
The South Korean metropolitan city of Busan has signed a Memorandum of Understanding (MoU) with Binance, the biggest crypto exchange by trading volume in the world
Bitcoin’s Scarcity Feature Makes the Crypto an Aspirational Store of Value for Investors, says Fidelity Digital Assets
Fidelity Digital Assets, the crypto arm of investment firm Fidelity Investments found in its new report that many investors consider Bitcoin to be an “aspirational store of value”. The firm believes that the largest cryptocurrency has the properties of a store of value but has yet to be widely adopted.
What Does the Japanese FinTech Landscape Look Like?
Tokyo, the capital of Japan has been ranked as one of the top 12 FinTech hubs in the world by Deloitte’s A tale of 44 cities: Connecting Global FinTech: Interim Hub Review 2017. The Tokyo Metropolitan Government (TMG) created policy outlines to form the city with the vision of an unrivaled global financial center.
El Salvador Buys 21 BTC To Mark Special Day
Central American nation El Salvador purchased 21 Bitcoins (BTC) on December 21, 2021, to mark the 21st day of the 21st year of the 21st century.
Rio de Janeiro Plans to become "Crypto Rio" by Storing Part of its Reserves in Bitcoin
Following in the footsteps of Miami, Brazilian city Rio de Janeiro plans to enter the crypto space by having 1% of its reserves in Bitcoin.
Suzhou Next City in China to Test Digital Yuan DCEP in Red Envelope Event
China’s central bank is scheduled to test its digital yuan dubbed the Digital Currency Electronic Payment (DCEP) in a second red packet lottery event in Suzhou on December 12.