ApeCoin holders mull proposal for Bored Ape-themed hotel in Bangkok
A member of the ApeCoin DAO is asking for $356,000 to renovate a portion of a hotel in downtown Bangkok with Bored Ape Yacht Club trademarks.
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Booking.com-Partnered Travala Now Accepts Tether’s Controversial USDT
Crypto-friendly hotel booking giant Travala now accepts payment from a controversial cryptocurrency leader. On Jan. 10, Travala announced that Tether (USDT) is now a valid form of payment at its two million linked properties. Travala CEO Matt Luczynski said:“Part of our mission is to provide our users with a wide choice of the most well known…

Akon’s Crypto City Moves Ahead Awarding $6B Construction Contract
A U.S. engineering firm awarded singer and entrepreneur Akon with a $6 billion contract to build a crypto city in Senegal. 1372 Total views 93 Total shares United States engineering firm KE International awarded Senegalese-American singer and entrepreneur Akon with a $6 billion contract to build a cryptocurrency city in Senegal.According to a June 4 announcement, KE International…

Japan leads world in losses from North Korean crypto hacking with 30% of total: Report
An Elliptic report commissioned by Nikkei says Asian countries account for over 60% of losses to North Korean hacker and ransomware users; lax security played a role. 110 Total views 1 Total shares Japan is the biggest loser of cryptocurrency to North Korean hackers, according to a study by blockchain analyst Elliptic. Asian countries make…

Is DeFi back? GMX rallies toward all-time high and LOOKS price gains 30%
In a recent blog post, cryptocurrency legend and former BitMEX CEO Arthur Hayes mentioned he holds sizable bags of GMX and LOOKS tokens. According to Hayes, his main reasoning for investing in both tokens was their platform revenue and the potential of both assets to outperform standard treasury bills. Let’s take a brief look at on-chain…

3 reasons why Ethereum can hit $3K in the short term despite overvaluation risks
Ethereum’s native asset, Ether (ETH), dropped after reclaiming its two-month high in the previous session, suggesting that its recent bullish rally was nearing exhaustion. In detail, the ETH/USD pair topped out at $2,699 on Sunday for the first time since June 7. The pair’s peak level also pushed its relative strength index (RSI), a momentum-gauging indicator,…

Aussie crypto companies keen to embrace regulations says senator
Australia Senator Andrew Bragg says local crypto founders are keen to embrace regulation in a bid to propel the digital asset sector into the mainstream. 74 Total views 6 Total shares Australian Senator for New South Wales Andrew Bragg has asserted that robust regulations would “bring credibility and validity” to the country’s emerging digital asset…

Rally, GlobeDX and SingularityDAO highlight active week for crypto raises
The three projects raised a collective $77.7 million, underscoring investor appetite for all things blockchain and cryptocurrency. 2528 Total views 15 Total shares Blockchain projects Rally, GlobeDX and SingularityDAO concluded highly successful private sales this week, offering further evidence that smart-money investors were still eyeing up-and-coming digital asset plays. Rally, the so-called “crypto for creators” platform,…

Will Bitcoin’s rally sustain? DXY, SPX, GC and WTI could have the answer
Federal Reserve Chairman Jerome Powell said in a question and answer session hosted by the Cato Institute on Sept. 8 that the central bank will continue to hike rates until inflation is under control. However, these comments did not rattle the markets as much as most would have anticipated, indicating that traders might have already…