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Daily News #61

Adam Aron, the CEO of AMC Theatres, recently announced that the movie theater chain would now be accepting payments in cryptocurrencies. AMC Theatres is the largest such chain in the US, with over 593 American theaters and 335 international locations. Reports back in August had indicated that such a development was on its way, so Aron’s statement came as more of a confirmation than an out-of-the-blue shock. AMC tickets and concessions can now be purchased with Bitcoin, Ethereum, bitcoin cash, and Litecoin, with other digital currencies also on the way.

Retrieved from: Crawley J. (2021) " AMC theatres to accept Bitcoin ether for online payments."

Daily News#76

The 2021 Independent Reserve’s Cryptocurrency Index (IRCI) is a nationally representative survey of 2000 Australians, managed by the Australian-based cryptocurrency exchange Independent Reserve (IR). It found that the number of female crypto investors rose from 10.3% to 20% from 2020 to 2021. Karen Cohen, deputy chair of Blockchain Australia, said of this increase: “I think that it tells you that investing in crypto is less risky and is just one of many different ways you can invest.” IR Co-founder Adrian Przelozny argued something similar, noting that as the perceived risk of crypto investment fades, “you’ll see more and more women enter the market.” And while closing the gender gap in digital investment entirely is a long way off, both Cohen and Przelozny are confident that trends are pointing in the right direction.

Retrieved from : Wright K. (2021) " Australian women owning crypto had doubled in 2021"

Daily News #7

You may have heard about Twitter CEO Jack Dorsey and digital payment system Square announcing earlier this month that they will be building a Bitcoin hardware wallet.

What is a Bitcoin hardware wallet you ask? Also known as cold storage, a hardware crypto wallet looks a bit like a flash drive and allows users to store their cryptos offline, granting them complete control over their funds via their private keys. Square’s Cash App already enables users to buy and sell crypto, and as such could provide a seamless transition into hardware wallets. However, Square will have to compete with giants like Ledger and Trezor, established companies that have already gained a large market share in the crypto hardware wallet sector.

How do you access your cryptocurrency? Do you think that hardware wallets will help crypto newbies become more confident in investing for the long term? We are eager to know what you think!

Retrieved from:

Blockchain and privacy often stand at opposing ends of the technological spectrum. While blockchain touts transparency and immutability as its core strengths, these very features can challenge traditional notions of privacy. Each transaction on a blockchain is visible to every participant, and once recorded, it’s nearly impossible to alter or delete. This transparency can be a double-edged sword.…