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Bukele States Bitcoin Was an Effective Rebranding Tool for El Salvador


President Nayib Bukele pondered how El Salvador adopted the bitcoin banner and evaluated how it has fared for the country so far. In a recent interview given to Time magazine, Bukele admits that while Bitcoin adoption has not grown as he expected, adopting bitcoin as a legal tender worked as...

Canaan Launches New Energy-Efficient Miner A1566 at Bitcoin Asia 2024


Canaan introduces the A1566 model in Hong Kong, aims to provide a more cost-effective solution for miners by offering higher data processing capabilities with lower energy consumption. The post Canaan Launches New Energy-Efficient Miner A1566 at Bitcoin Asia 2024 appeared first on Cryptonews

Crypto Investor Binance Splits from Venture Capital Arm


Earlier this year, Binance quietly split from its venture capital division, Binance Labs, and established as an independent entity now valued at $10 billion. This change in operation became effective under Binance's newly appointed Chief Executive Officer, Richard Teng, who assumed the role four...

BRICS to Develop Digital Currencies and Blockchain-Based Payment System


BRICS nations announce plans to collaborate to launch an independent blockchain-based payment system, introducing their own digital currencies to streamline cost-effective transactions. The post BRICS to Develop Digital Currencies and Blockchain-Based Payment System appeared first on Cryptonews

Are Airdrops Effective Marketing?


Everyone likes getting something for nothing, but distributing tokens is only worthwhile if it also attracts longterm builders and users rather than just momentary buzz

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