How Blockchain Technology Is Changing the Music Industry

Over the years, blockchain technology has proved its utility in various industries. However, some sectors seem to have eluded the new technological advent. One of them is the music industry, a multi-billion-dollar market that could benefit significantly from decentralized public ledgers. Read on to find out how music and blockchain could merge successfully! What Is Blockchain? In 2008, a mysterious person or group of people using Satoshi Nakamoto pseudonym introduced blockchain technology in the Bitcoin whitepaper. Since then, many regard…

Jorge Masvidal Awards Fighters in Bitcoin at Bare-Knuckle MMA Event

World Famous UFC legend Jorge Masvidal recently became the first fight promoter to award contestants with Bitcoin. Masvidal immediately paid fighters following the event through ledgers pre-loaded with Bitcoin. Cryptocurrency Meets The MMA World The fighting event– Gamebred Fighting Championships– was held Friday, October 1st, and featured a new fighting format: Bare-Knuckle fighting. Fighters were free to utilize a range of fighting styles from boxing to Jiu-jitsu – without glove protection. At the end of the night, event organizers awarded…

Why The Government’s Approval Could Be What Crypto Needs to Reach Mainstream Adoption

In 2021, The El Salvador president proposed accepting Bitcoin as a legal tender in the country. The bill targeted the introduction of Bitcoin as a legal currency to be used in everyday activities. Later in June, it passed the law in the Salvadoran Congress, where 62 out of 84 members voted for the bill.  The news of El Salvador using crypto trended for over one week, sparking other countries like Paraguay to follow the course. Although Paraguay's plan is not…

Bakkt Review – A New Era For Bitcoin and Crypto Futures

Crypto is moving towards mass mainstream adoption, and the current trends in the industry can attest to that. The big players have found out that they need to focus on institutional investors for enhanced mass adoption to be realized. Currently indulged in trading bonds, stocks, and other financial instruments, institutional investors need to be attracted to the crypto sphere by employing realistic trading platforms to make crypto trading simple yet profitable. The influx of institutional investors will obviously mean a…