WORLD FIRST CRYPTO ONLY CITY WHERE CASH IS BANNED
In a world first, a Blockchain city is being built in the Malaysian city of Malacca, where cash is banned and tourists will only be able to use Cryptocurrencies when they arrive. The new development, which is backed by the Chinese government, intends to turn 835 acres of the Malaysian city into the “tourist Blockchain destination of the future”. The new area will be named Melaka Straits City, and will boast a large number high end, luxurious high-rises, man made lagoons and all the other luxuries that come with a popular tourist destination. Melaka Straits City not only intends to …
Celebrity Crypto Craze
Crypto currencies are the latest hype across the globe and it isn’t just large-scale global corporate companies that are getting involved. Over the last few years there has been a rise in the number of crypto fanatics among the very rich and famous. From the likes of actors, musicians, athletes and entrepreneurs, they have all been drawn to the financial appeal of crypto currencies, with many owning substantial amounts of Bitcoins and other altcoins. So who has invested and is profiting big time from digital currencies? Richard Branson Richard Branson, most influential CEO of all time and founder of the …
US Pension Fund First To Enter Crypto Asset Universe
Morgan Creek Digital has become the first US pension fund to enter the crypto asset universe, joining the likes of Yale University, the second largest legacy in higher education. This has come after the US national debt has just crossed the landmark level of $22 trillion and the need to devise a potential solution to solve the impending pension crisis in the US. Currently the global debt is hovering above $250 trillion, which is past the debt level of the previous global financial crisis (GFC), which we experienced in 2008. Two pension plans in Fairfax County, Virginia have invested millions …
Opera and Samsung Giving You Crypto At Your Fingertips
Opera, a major Internet browser that can be accessed through Android has integrated its latest, cutting-edge feature boasting a built-in crypto wallet. Off the back of announcing their plans three months ago to explore and advance block chain technology, Opera has embraced this most up-to-date expertise in crypto currency with open arms. Strong, abiding partnerships between Opera with Safello, a European crypto currency exchange and Samsung, South Koreas largest mobile phone corporation will see these companies integrate this latest technology. CEO of Safello, Frank Schuil said, “WITH SAFELLO BROKERAGE ON THE OPERA MOBILE BROWSER FOR ANDROID, BOTH NEW AND EXPERIENCED …
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