Bitcoin adoption is exploding around the world, while NFTs are making their way into the New York Stock Exchange (NYSE) and Artificial Intelligence (AI) strategies. These and more news in this practical daily summary so that you are always informed with the most recent events that occur within the crypto world.
Bitcoin and Blockchain Adoption
📍In Ibiza, Roto, one of the most visited restaurants on the island, is accepting payments in bitcoins and other cryptocurrencies. According to a local media, the restaurant reported that payments received in bitcoins, or other cryptocurrencies, such as ether, XRP or stellar, will not be converted to euros, but rather will be maintained so as not to break the value chain of this new economy.
This restaurant is the first in Ibiza to accept payments with cryptoassets.
📍The publication TEAM signed an alliance with Grayscale, the largest institutional investment manager in crypto, to promote training and education on bitcoin and cryptocurrencies.
Michael SonnensheinGrayscale CEO Sonnenshein revealed the information on his Twitter account. As Sonnenshein explained, TIME and Grayscale will produce a series of educational videos about the entire crypto space. TIME plans to receive payment for its publications in BTC and HOLD them.
📍The company HunteetHunteet, which specializes in interactive advertising, is determined to continue working on transforming advertising into a game and also to contribute and promote the adoption of blockchain technology worldwide. explained a local media outlet in Aragon.
📍The Lucian Blaga University of Sibiu will begin accepting cryptocurrency payments for its tuition fees. The university published a release reporting that this year the payment of admission fees can be made with virtual currency.
📍JPMorgan is testing a solution called “Confirm” with which banks can confirm accounts before business transactions are made. According to explains The process is carried out instantly in real time, and does not delay the completion time of transactions, but allows banking entities to confirm account information and data before making transfers. The Confirm solution is based on technology blockchain, which guarantees security, transparency and reliability in the process.
To date, Confirm has been piloted at 12 commercial banks in Taiwan, JPMorgan said.
📍Dante Disparte, who served as vice president of the Diem Association, left the initiative to join the Circle working team, although he does not specify the date on which he did so, he does specify that the change occurred this April. Diem, as Facebook's digital currency project, formerly Libra, was renamed, has had a difficult time since regulators around the world banned its issuance until the company corrected its weak security and met security and accountability requirements regarding the handling of user data.
NFT and DeFi Markets
📍The defiant published one of the most interesting use cases that has been developed for the NFT so far. On his YouTube channel, the content platform on DeFi show a video about human interaction with an NFT powered by Artificial Intelligence (AI), representing the well-known character from the Star Wars saga, Darth Vader.
The platform claims to be testing new use cases and applications to understand the power of the DeFi ecosystem and NFTs.
📍--Stacey Cunningham, president of the New York Stock Exchange (NYSE) posted on LinkedIn a entry blog post where she briefly explains her strategy for entering the world of innovation and technology. The NYSE is about to launch a collection of “first-time NFTs.” As the president of the exchange explains, this will be a fun new way to mark the moment when a company joins the New York Stock Exchange for the first time.
📍Topps and MLB are preparing to launch a collection of NFT tokens. The largest American manufacturer of baseball cards is taking great steps towards innovation and digital transformation, taking advantage of the disruptive potential of blockchain technology and non-fungible tokens. According to expressed The company, in partnership with MLB (Major League Baseball), will release its 1 Topps Series 2021 baseball collectibles on April 20.
The release explains that Topps will build on its legacy as an innovator of Major League Baseball collectibles to release its annual flagship baseball card collection for the first time in digital format, as NFTs.
📍The Kasikorn Bank Public Company Limited, one of Thailand's largest banks, is experimenting with blockchain technology and decentralized finance (DeFi) to boost its digital transformation. The bank published a release to report that it has established a new subsidiary through its technology arm, KBank, which will serve as an initial coin offering portal for digital tokens, in partnership with the Stock Exchange of Thailand.
Development and Technology
📍Ryan Watkins, an analyst and researcher at Messari, strongly criticized the centralization of validators on the BSC blockchain, pointing out that this “centralized solution” does nothing but deceive users. The researcher also pointed out that the speed and scalability offered by this blockchain is not due to innovation, but rather to the “magic of centralization.” For Watkins, the BSC is just a fork of Ethereum with a set of centralized validators. “That’s it. Nothing more.”said the researcher.
📍The encryption and data protection protocol, Keep network, described in his blog several of the changes that the protocol will have in its second version to correct the errors present in the first and guarantee the decentralization of Bitcoin in the Ethereum network.
Keep Network is the developer of the tBTC app, which acts as a bridge between Bitcoin and protocols built on top of other blockchains, allowing communication between different blockchains such as Bitcoin, Ethereum, and more.
📍Virtue Poker, the gaming platform powered by ConsenSys, has raised $5 million in a round of investment to boost its development. The platform claims to have a license issued by Malta’s gaming regulator to explore the potential of blockchain-powered gambling.
📍This April 14th it is activated on the mainnet of Ethereum the update Berlin, which will activate several Network Improvement Proposals (EIP) to reduce gas fees, introduce a new type of transaction and also to give greater stability to Ethereum.
Activation will take place at block number 12.244.000. Ether users running a node within the network were required to update their clients before April 7 to be compatible and accept the upcoming update. Following Berlin, activation of the Ether is scheduled for July. London, the next network update that will activate the EIP-1559.
Cryptocurrencies and altcoins
📍Mike McGlone, an analyst at Bloomberg Intelligence, details on his Twitter account a series of graphs that show that Bitcoin (BTC) is still in a phase of price discovery. The analyst explains in his charts that BTC has a smaller supply in the markets, while the demand for investors to buy the cryptocurrency continues to grow, which “leads us to expect continued price appreciation.”
📍BNB exceeds $88.900 billion in market capitalization, with a unit value of $579 per coin and a growth of 22% in the last few hours. This cryptocurrency marked a new all-time high this Monday, with a value of $XNUMX per coin. $610 per unit. BNB ranks third among the largest cryptocurrencies in the industry, after Bitcoin and Ethereum.
Continue reading: Bitcoin: A decentralized financial system “too important to ignore”
