Cryptocurrencies and the food industry might not seem like the most intuitive pairing — one based in the digital realm and the other firmly rooted in the physical. But going back to the earliest days of crypto, the very first real-world use case for Bitcoin (BTC) was food-related. On May 22, 2010, Laszlo Hanyecz enacted the first documented commercial BTC transaction, buying two Papa John’s pizzas for the princely sum of 10,000 BTC.
Some disgruntled Nigerian users of the cryptocurrency exchange Binance have launched a campaign to boycott the platform, which they accuse of freezing client accounts without valid reason.
American Banker issued its most recent batch of predictions for 2022 and its survey of 175 top banking executives from regional and global financial institutions had some surprising results. Before we look at the research details, It’s worth noting that American Banker magazine is highly regarded as a credible source of content relating to banking regulation, technology, and innovation.
A member of the Brussels Parliament, Christophe De Beukelaer, says he will receive his entire salary in bitcoin this year. He believes that the technology will disrupt all industries and crypto adoption is going to be “exponential.”
Popular cryptocurrency strategist and former Wall Street trader Max Keiser has revealed he believes that altcoins and Ethereum ($ETH), in particular, are “just outright scams” that should eventually stop existing.
While hundreds of Metaverse crypto coins are on the market, many projects don’t have a Minimum Viable Product and are built on hype. On the other hand, several Metaverse games have an active and growing users base and are leading the adoption of blockchain tech.
The one-page filing, numbered SB1341, would amend Arizona Revised Statutes to include Bitcoin as a form of legal tender.
Crypto fraudsters, especially scammers, prey on naive buyers in the physical world by reading the fine print in contracts.