The Beauty of Bitcoin Bank Runs
Bitcoin exchanges are going through hard times. In the span of a month, Mt. Gox has gone bankrupt, Flexcoin has shut down due to robbery, and Vircurex has halted Bitcoin withdrawals. Coinex.pw was also hacked. At first glance, these events appear devastating for the Bitcoin economy. But when we look deeper, we discover something extraordinary. The....
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PRESS RELEASE. Stockholm, September 22nd: As the world moves into more digital environments, Swedish beauty-tech giant FOREO has taken the initiative to bring a whole new product to audiences everywhere – the beauty NFT. Blockchain technology has allowed FOREO to challenge traditional skincare protocol and unobtainable beauty standards by bringing its renowned beauty range LUNA into the 21st century with NFTs of its leading products before traditional launch.
Brands have the opportunity to bring their products to a whole new market, connecting younger generations with....
NFTs are a thing of beauty (sometimes), and sometimes they are just downright weird. But they are collectible, and they are definitely having more than a moment. NFTs have grabbed the headlines with celebrities releasing their collections, from “The Mohammed Ali Collection”, to Tony Hawk and then prominent artists like Banksy and Beeple whose work […]
Dragon’s Tale is a Bitcoin Casino site where you can find the most fun and exotic casino-based mini-games in the whole Bitcoin gambling industry. Launched back in 2012, Dragon’s Tale was one of the pioneer Bitcoin casinos and the first to introduce a role-play-based casino. Since then the casino has grown to become one of the leading Bitcoin gambling sites. Dragon’s Tale offers gamblers the chance to enjoy a completely different and original set of casino-based mini-games that you won’t find in any other casino. The site basically offers three types of casino games: Skill-based, Player....
Stablecoin runs could occur if users lose confidence in the issuer or its network. The European Central Bank has warned the global community about the risks of so-called “stablecoin runs.”Analogous to the term “bank runs” in the traditional financial system, stablecoin runs could occur if end users lose confidence in the issuer or its network, the ECB writes in a report released Tuesday. In traditional finance, a bank run occurs when a large number of customers withdraw their deposits simultaneously over concerns of the bank’s solvency. As more people withdraw their funds, the probability....
Will beauty brands drive female adoption by accepting cryptocurrency payments and is there even a demand to pay with crypto besides stacking stats? While Bitcoin (BTC) may be considered as a store of value for many, some consumers across the globe may be thinking otherwise. Recent data has revealed that 46 million people in the United States plan to use cryptocurrency to pay for things such as groceries or real estate. Payments giant Visa further revealed in July that its crypto-enabled cards processed over $1 billion in total spending during the first half of this year. As such, it....