Upcoming ‘Bitcoin Awakens Festival’ Seeks to Educate New Users and Help the Underbanked
A group called Cyberfunks Alliance plans to hold a Bitcoin Awakens festival on November 6 to bridge the gap between bitcoin and the underbanked. Bitcoin Awakens will be held at the organization’s headquarters, Urban Co-Lab in Austin, Texas. The event is designed to help new users get oriented to acquiring and using bitcoin through a fun and interactive game. Cost to participate is $99 benefiting the Central Food Bank of Texas. Teams of three will solve up to 15 challenges throughout the city of Austin to reveal the coordinates of a secret location for a victory party in honor of the....
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Bitcoin and digital currency are often heralded as “the tool to help the underbanked”. And even though there are several companies focusing their efforts on the underbanked, that term is being used quite loosely these days. But who are these underbanked people, and how could Bitcoin improve their daily lives? Let’s find out. When people are talking about....
Payments giant Visa and financial services provider Tala have partnered to boost cryptocurrency adoption in emerging markets. The collaboration aims to “make it easier for underbanked consumers to convert, store, and use cryptocurrencies.” Visa and Tala Boosting Crypto Adoption in Emerging Markets Visa and Tala have formed a new partnership “to help underbanked populations participate in the crypto economy,” Tala announced Wednesday. Tala is “a financial technology company on a mission to enable and accelerate financial health for all,” its website....
Star Wars tops entertainment headlines as the perennial favorite gets a thumbs-up from audiences around the world. As a cultural phenomenon with an international audience its record-breaking ticket sales comes at a time of diverging global social mood. Bitcoin’s prospects amid the current mood trend are examined. At the time of writing (Dec 25), Star Wars: The Force Awakens has generated $765mil revenue from worldwide tickets sales after a two-week run in theaters. Although worldwide sales are not setting any record, the movie will release in China during January 2016, and combined with....
Previously reported by Bitcoin Magazine, bitcoin and gold exchange Vaultoro has reached $1 million in gold trading volume, recording an average monthly trading growth rate of 91 percent and rapid increase of its user base. Following its milestone, Vaultoro plans to expand its team and services internationally, to become the "key ingredient for the 2.6 billon under-banked" individuals all around the globe. Gold has been the international store of value for thousands of years. Unlike bitcoin or fiat money, gold has proved to be a stable universal currency with very low volatility. Based on....
The Department of the Interior of Uruguay is taking steps to warn users about the danger they face when investing in certain crypto projects that could be scams. The campaign is called “Fake Coins: Cryptocurrency Scams” and seeks to educate the population about the most common kinds of crypto scams.
Uruguay Educates on Crypto-Related Scams
More and more government bodies are becoming aware of how some parties are using crypto to execute different kinds of scams, and also more of these institutions are working to educate citizens on this fact. The Ministry of the....