Crypto industry players to meet Government officials
India’s government officials have invited the top crypto stakeholders and companies such as WazirX and CoinDCX to discuss challenges and opportunities in the crypto market. The meeting is likely to be held on 15th November. They will discuss the possible impacts of cryptocurrency on the Indian Rupee.
Nearly half of American millennials comfortable with investing in cryptocurrency: Survey
According to a survey conducted by Bankrate, nearly half of millennials i.e those who belong to the age group 25-40 are comfortable with investing in crypto. Out of the 49%, 15% answered they were ‘Very Comfortable” with investing in crypto. More than 1,000 adults were interviewed in the survey.
Miami residents to receive free Bitcoin
Miami Mayor Francis Suarez said that the city would be staking a large portion of MiamiCoin, its cryptocurrency, to earn yield in Bitcoin. He added that Miami will be the first city in America to give a Bitcoin yield as a dividend directly to its residents. MiamiCoin was launched in August through CityCoins, an open-source protocol that allocates 30% of its reward to cites when their coins are bought or mined.
Kokoswap is the new ‘supercoin’
Kokoswap, a less known cryptocurrency, saw a 70,000% rise in price in just 24 hours. The Kokoswap staking platform is migrating from Ethereum to Binance smart chain. This will lead to an influx of a large number of users.
AMC starts accepting major cryptocurrencies for ticket purchases
Adam Aron, the CEO of AMC Entertainment, said that the company will accept Bitcoin, Ether, Bitcoin Cash, and Litecoin for ticket purchases. He added that Dogecoin will be the next on the list. AMC is also exploring the creation of its own cryptocurrency. The company is also talking with Hollywood studios about creating commemorative nonfungible tokens, or NFTs, related to major films.
Discord pushes pause on exploring crypto and NFTs amidst user backlash
Discord founder and CEO Jason Citron sought to reassure users that the company does not have imminent plans to shift its business toward non-fungible tokens (NFTs). In a tweet earlier this week, Citron shared an image of crypto wallet MetaMask integrated into Discord’s user interface with the text “probably nothing”— shorthand language in the NFT space for something that is about to be a big deal. Discord users wary of the crypto space quickly encouraged each other to ditch their Nitro subscriptions.
SpaceX Dogecoin-Funded DOGE-1 Mission Set To Launch In Q1 2022
Elon Musk’s Dogecoin-funded mission is now set to launch in the first quarter of 2022. The launch had been announced in May of this year when the billionaire had tweeted about it. The mission is fully paid for in Doge and will not only be the first crypto in space, but it will also be the first meme coin in space.