Thai SEC issues license to a real estate project on the Ethereum blockchain
The Thailand Securities Exchange and Commission (SEC) has granted a license to an asset-backed token issuing business Fraction, the firm allows traders to invest as little in real estate properties and is based on the Ethereum blockchain. Fraction, a wholly-owned subsidiary of Hong Kong-based fintech business Fraction Group, announced Sept. 16 that it has secured […]
AMC sets to adds Ether and Litecoin to crypto payments for movie tickets
By the end of 2022, cinema operator AMC will not only accept Bitcoin (BTC) as a form of payment for movie tickets but will also accept other prominent digital currencies including Ether and Litecoin. On Thursday, AMC CEO Adam Aron revealed intentions to accept three additional cryptocurrencies: Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) […]
Ark Invest’s CEO predicts Bitcoin price will increase by tenfolds in the next five years
Cathie Wood, CEO of Ark Investment, believes BTC and ETH values will continue to rise as institutions adopt crypto, she also reiterated her prediction that the price of Bitcoin will increase tenfold in the next five years. According to Wood, Bitcoin will be worth about $500,000 by 2026. Ark Investment’s future crypto exposure, she indicated, […]
Sen. Warren talks about high gas fees on the Ethereum network
Senator Elizabeth Warren, regarded as an outspoken cryptocurrency critic in the US government, questioned outages at exchanges and exorbitant transaction fees on the Ethereum network. Warren claimed the crypto business had failed to provide answers for financial inclusion in the United States during a Senate Committee on Banking, Housing, and Urban Affairs meeting with Securities […]
Ethereum backs Spruce’s vision for a decentralized identity verification
The Ethereum Foundation (EF) and Ethereum Name Service (ENS) have endorsed a proposed solution from Spruce, a decentralized identity software company, allowing safe sign-in using Ethereum. After EF and ENS issued a Request for Proposals in July, seeking developers and software organizations to create a sign-in package that used Oauth, an open standard for access […]