‘If the water’s too clean there’ll be no fish’: China’s CBDC may hurt Macau’s casinos

Macau’s gambling industry is reeling amid rumors that the city’s regulator is in talks with casino operators regarding the introduction of China’s digital yuan. China’s central bank digital currency is expected to further exacerbate Macau’s declining gambling revenues. According to a Dec. 2 article from Bloomberg, junkets — Macau businesses that act as middlemen to […]

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Broccoli and Bitcoin, a holiday love story

From the minds that brought you cheese with holes in it comes this year’s weirdest ad campaign. Crypto broker Bitcoin Suisse recently installed a blockchain-related Christmas advertisement in the  Zurich Main train station in Zürich, Switzerland. The ad, which is largely indecipherable to non-native speakers, involves a piece of broccoli, a shoe, and one lone […]

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Million-dollar startup taps Algorand to fight climate change

Climatetrade will launch its marketplace for carbon offsetting on the Algorand blockchain. Blockchain marketplace Climatetrade will be building its new CO2 carbon offsetting platform on Algorand, a top-50 cryptocurrency project that is gunning for scalability and transactional performance.  Climatetrade announced Wednesday that it has selected the Algorand blockchain to power its carbon offsetting marketplace, which […]

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BlackRock CEO: Bitcoin has caught our attention

Larry Fink believes Bitcoin may evolve into a global market. Blackrock CEO Larry Fink says Bitcoin (BTC) is on his company’s radar following the cryptocurrency’s rapid appreciation over the past few months. Speaking Tuesday at the Council on Foreign Relations alongside former Bank of England governor Mark Carney, Fink reportedly said: “Bitcoin has caught the attention […]

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