Airline AirBaltic has integrated several cryptocurrencies, including ether and doge, as a means of payment, while the Oakland Athletics say they will not sell the bitcoins they receive as payment for their luxury box seats immediately. 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.
Cryptocurrencies and altcoins
📍‌Dogecoin (DOGE), Ethereum (ETH), Bitcoin Cash (BCH), and others cryptocurrencies, join the payment methods of AirBaltic, a Latvia-based airline offering international air routes. The company announced which will integrate DOGE, ETH, BCH, USDC, PAX, BUSD, GUSD as a means of payment from its website.
The airline has been accepting payments in Bitcoin, the market-leading cryptocurrency, since 2014. With the new integrations, AirBaltic users now have more crypto options for making their online bookings.
📍‌At the time of this edition, Bitcoin The cryptocurrency has grown by nearly 4%, reaching a value of $57.400. Part of this growth may be related to Visa’s announcement that it will begin accepting payments in USDC and soon, in BTC in the United States. Also, the “Kimchi premium” in South Korea may be a bullish sign for the cryptocurrency, as it will significantly increase the demand for BTC in the country’s markets.
BTC hit a new weekly high on Monday, trading above $58.380. Several analysts are pointing out that the bull run may be about to start again, pushing the price of Bitcoin to around $100.000 by the end of the year. On the other hand, several exchanges They are offering options with values ​​above $100.000 and $300.000, although this should not be taken as a guarantee or an accurate estimate of the value of BTC in the future.
Bitcoin and Blockchain Adoption
📍‌The professional baseball team, Oakland Athletics, confirms that the cryptocurrency revenue from tickets for the luxury boxes or seats available at the San Francisco Bay Area stadium will not be converted into fiat immediately. The team plans to HODL the bitcoins and cryptocurrencies it receives as payment for its boxes.
The team president, Dave Kaval, noted that they will maintain cryptocurrencies so that their price continues to rise in the future.
📍‌Andrew Cuomo, New York State Governor, Embraces Technology blockchain to promote the “Excelsior Pass” vaccination passport. As indicated by the release, this passport offers “a free and voluntary way to share COVID-19 vaccination or negative COVID-19 test status in accordance with New York State guidelines”.
Blockchain technology will help New York to reactivate leisure and entertainment spaces safely.
NFT and DeFi Markets
📍‌The NFT They take over the American show Saturday Night Live, which presented a parody about the adoption of these tokens in the country. The parody It shows several US regulators, including Treasury Secretary Janet Yellen, explaining economics at a university, while a student representing rap singer Eminem asks about non-fungible tokens (NFTs), which are making their owners a lot of money.
📍‌Klaytn, developed by Korean technology company Kakao, has partnered with NFT marketplace OpenSea to boost its non-fungible token market. According to the Spanish President Pedro Sánchez’s announcement As shared by the company, Klaytn will begin supporting NFTs on OpenSea by the end of June. The partnership comes amid growing adoption for this new class of digital assets.
📍‌According to DeFi data provider, DeFi Llama, decentralized finance ecosystems hit a new record high above 82.500 million dollars in liquidity, including the deposited value accumulated by BSC projects.
DeFi Llama
CBDC and Central Banks
📍‌The Bahamas Sand Dollar is preparing for its commercial launch, informs the country's central bank. The CBoB noted that the country's financial institutions are finalizing their integrations for the digital currency CBDC, which has been rolling out gradually since late 2020.
According to the announcement, the Central Bank is working with PSPs or wallet providers to achieve interoperability of all proprietary mobile applications, allowing businesses and individuals to send and receive funds with any digital wallet, once the transaction is made with the CBDC.
Development and Technology
📍‌A Spanish developer has just adapted a tool designed by Luke Dash Jr, Bitcoin developer, to count the real number of nodes connected to the blockchain network in the world. According to the tool, there are about 344.000 nodes connected, although Josema points out that these are not exact numbers, as this is something quite difficult to measure accurately.
Source: Crawly
The new tool, called Crawly, uses the Rust programming language and innovative techniques to geographically identify the nodes connected to the network, although it does not have historical data, because it has been in operation since the middle of this month.
Regulations
📍‌LBRY, the open-source and uncensored content platform, is facing an investigation by the United States Securities and Exchange Commission (SEC), which accuses the company of unauthorized sale of its LBC tokens. In a publication As of Monday, the SEC says LBRY sold more than $11 million worth of tokens in an unauthorized manner by the regulator, dating back to 2016. The SEC is seeking an injunction to stop LBRY from continuing to sell tokens to Americans and to impose a fine for failure to comply with U.S. securities laws.
📍‌In Dubai, regulators are conducting a public consultation to obtain public and stakeholder feedback on the proposed regulation of security tokens. The Dubai Financial Services Authority (DFSA) noted that these tokens create rights and obligations that are the same or substantially similar to conventional investment instruments, and should therefore be regulated to ensure the protection of investors and consumers.
Continue reading: Lighthouse makes first Ethereum transaction on Ethereum 2.0
