“The International Monetary Fund (IMF) has raised concerns about large scale adoption of cryptocurrencies, suggesting it could lead to obstruction in monetary control, facilitating capital flow regulations avoidance and could draw resources away from the substantial economy. Meanwhile, ARK Investment expresses that macroeconomic turbulence might pose obstacles on Bitcoin’s bullish trend in the short-term future.”
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₿trust Acquisition of Qala: A Turning Point for Bitcoin Development in Africa or Cause for Concern?
₿trust, a non-profit backed by Twitter co-founder Jack Dorsey, recently acquired Qala, a body aiming to enhance Bitcoin and Lightning engineers’ skills in Africa. The integration aligns with ₿Trust’s mission to stimulate Bitcoin open-source developers’ learning globally, particularly in the Global South, potentially changing the region’s involvement in Bitcoin development.
Bridging the Gap: Roc Nation, Puma & Blockchain in the Sneaker World – Opportunity or Gimmick?
“Roc Nation, Puma, and blockchain startup Legitimate have unveiled a sneaker collection embedded with blockchain-backed non-fungible tokens (NFTs). These NFC embedded sneakers tie physical and digital realms, offering an authentication method and exclusive digital content.”