Crypto startup to save iconic fiat money sculpture with 1M euros funding
Crypto industry is coming to save the troubled Euro monument in Frankfurt after traditional banks refused to support the symbol of Eurozone decision-making. The paths of traditional finance and the cryptocurrency industry have intersected again, with a crypto startup coming to save the iconic Euro monument in Frankfurt.Frankfurt-based crypto startup Caiz Development will provide 1 million euros, or about $961,000, in funding over the next five years to rescue the famous Euro sculpture.Announcing the news on Tuesday, Caiz said that the firm saw a good marketing opportunity in supporting the....
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On November 3rd, U.S. Federal Reserve Chairman Jerome Powell finally hinted at the beginning of tapering resulting in Bitcoin and other cryptocurrencies taking a loss. The market has been moving sideways since then, cooling off after a rally that took BTC from $40,000 into price discovery above $65,000. Related Reading | Inflatable Bitcoin Rat Makes Comeback Due To Federal Reserve Ethics Issue In the meantime, fund investors turned mathematical artist Nelson Saiers struck Wall Street once again with one of his iconic sculptures. Part of a series of conceptual art installations that....
PRESS RELEASE. The preservation of the Euro sculpture in downtown Frankfurt, Germany, has been in danger in recent months as no sponsors were willing to provide the required financing. At the same time, the costs of maintaining the sculpture have risen considerably, mainly due to increased levels of vandalism. The independent non-profit association Frankfurter Kultur Komitee e.V., the owner of the Euro sculpture, would have been forced to have the sculpture auctioned off as a last resort by 15 October 2022 if no one had stepped forward to help. Because of this situation and the resulting....
A touching sculpture dedication pays tribute to the legendary cryptographer Hal Finney and his love of running.
Artist FractalEncrypt describes the inspiration behind his “Bitcoin Full Node” sculpture, the world’s first “cypherpunk chronometer.” The post Decoding The “Bitcoin Full Node Sculpture,” A Cypherpunk Chronometer appeared first on Bitcoin Magazine.
There’s a new website on the crypto-block that was created to show real people who save money using Bitcoin. The digital currency has quite a bit of great attributes like decentralization, an open source code, and being the first true peer-to-peer money worldwide. Another pretty cool aspect about Bitcoin is certain applications can also save people money literally every day. So Thomas Hunt host of Mad Bitcoin’s created this site and video to create excitement for these money saving features. Here’s what he told Bitcoinist: