Leading altcoin Ethereum was accepted as payment in the first car sales transaction made using cryptocurrency. Jeff Wyler, Saudi Arabian customer bought the Mercedes-Benz S580 using ETH in the automotive sale at the Automotive Family.
EU and Sweden Discusses Bitcoin 'Proof of Work' Ban
Documents published under the EU's freedom of information laws show that Swedish financial regulators and the European Commission are discussing the proof-of-business technology underpinning Bitcoin and the prohibition on trading cryptocurrencies that use this proof-of-business.
Algorand Network Encourages Carbon Footprint Reduction
The Proof of Stake (PoS) blockchain protocol Algorand announced that its network will implement a smart contract that will automate the balancing of carbon emissions. However, Algorand Foundation CEO Staci Warden has said he will allow the network to scale while it is still carbon negative.
Morgan Stanley: "The Usage of Cryptocurrencies May Widen."
US-based investment bank Morgan Stanley said in a report that cryptocurrency is currently widely used as a currency in the world of digital assets, and the need to accept a range of payment methods, including cryptocurrency, may increase when more brands want to advertise in the metadata store.
Fidelity Investments Opens in Decentraland!
Fidelity Investment, one of the largest asset management companies, announced yesterday that it had bought an eight-story building in Decentraland and offered financial education and dance training on its metaverse platforms to attract young investors.
Justin Sun Announces TRX-Supported USDD Stablecoin
Justin Sun, the creator of the Tron network, announced the launch of an algorithmic stablecoin called USDD, powered by TRX. He's gonna follow in the footsteps of the Terra Foundation to raise $10 billion in reserves. Tron's USDD will be released on May 5, 2022 and will be available in the Ethereum and Binance Smart Chain.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.