Posts tagged with "cryptocurrencies"

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June Top Stories

It’s official; we’ve hit the midway point of 2022. With such an array of breaking news headlines so far this year, let’s review the most resounding stories in the month of June.

Tulsa Shooting

Four people were killed in a shooting that broke out at a campus hospital in Tulsa, Oklahoma, just eight days after the catastrophic shooting at Robb Elementary School. The gunman, unidentified, was also found dead, producing a total of five fatalities. As the shooting broke out, panic set in as there were “hundreds of rooms and hundreds of people,” located in the hospital, as reported by Richard Meulenberg.

NFL Player Jeff Gladney Dies

After suffering a fatal car accident in Dallas, Arizona Cardinals cornerback Jeff Gladney has passed away. At the scene of the crash, along with Gladney, it was confirmed that Andrea Mercedes Palacios was also killed.

Previous Dallas Cowboys Player Marion Barber Found Dead

Marion Barber, former running back for the Dallas Cowboys, was discovered dead in his Frisco apartment. A complaint about a water leak was reported from Barber’s apartment, and police conducted a welfare check. At the scene, they found Barber neglected and unalive. It is uncertain what the cause of his death was.

Johnny Depp and Amber Heard Defamation Suit Ends

After a strenuous courtroom battle, both Johnny Depp and Amber Heard were found legally responsible for defamation by the jury. Their ultimate decision found Heard slandered Depp in three varying statements, with Depp defaming Heard in one statement.

Regarding the financial components, the jury awarded Depp with $10 million in compensatory damages and $5 million in punitive damages. For Heard, she was awarded $2 million in compensatory damages.  

Jubilee Live Updates: UK kicks off celebrations for Elizabeth II’s 70th year on the throne, United Kingdom

The ‘Trooping the color’ military parade kicks off four days of celebrations across the country for Queen Elizabeth II‘s Platinum Jubilee. Britain’s longest-serving monarch appeared on the balcony of Buckingham Palace with other members of the royal family at 11 am Thursday. Today, June 2nd, is the first of four days of the Platinum Jubilee festivities.

Thousands of people have flocked to the British capital (London) to greet a queen who arrives at the event at the height of her popularity. Many citizens spent the night outdoors, camping on The Mall, the avenue that leads to Buckingham Palace, in order to reserve a place in the front rows and witness the parade of 1,500 officers and the subsequent flight of the Royal Air Force over the Palace.

Police officer will not be charged for a shooting he committed in 2016, Wisconsin

The officer who shot and killed three people in the line of duty over five years will not be charged in the 2016 shooting of a 25-year-old man who was found sleeping inside a car in a park.

La Crosse County District Attorney Tim Gruenke, Milwaukee attorney Scott Hansen and special prosecutors have reported their assessment of the incident and no legal basis has been found to charge and blame former police officer Joseph Mensah for having shot at Jay Anderson.

Phoenix Suffers Mass Shootings

The city of Phoenix, Arizona endured an array of mass shootings in the area. At the end of the month of May, one man was shot at a house party in west Phoenix, leaving an additional five injured.

Only one week later, three separate shootings occurred within 24 hours of each other. In the first, a teenage girl was shot dead at a Phoenix strip mall, with eight enduring injuries. The other two shootings left a teenage boy and a man dead by gunshot wounds.

Shootings in Pennsylvania, Tennessee and Michigan Leave at Least Nine Dead

Saturday June 5 and Sunday June 6 attributed to the United States growing number of mass shootings in the year of 2022. In a shocking turn of events, shootings in Philadelphia, Tennessee and Michigan all broke out.

A fight broke out in Philadelphia that resulted in three people being slain, with 11 others shot in the crossfire. The next shooting occurred near a nightclub in Chattanooga with four people killed, and 14 more people suffering injuries from gunshots. The final shooting of the deadly weekend took place in Saginaw where an additional three people were killed.

JUNETEENTH

Juneteenth, also called Freedom Day, African American Independence Day, Emancipation Day, or Jubilee Day is a federal holiday celebrating the emancipation of slavery in the United States. It commemorates the proclamation of freedom for enslaved persons at Galveston, Texas, on June 19, 1865. Bringing together June and nineteenth, this festival represents pride and solidarity with the black community.

Latest update of the war in Ukraine

The United Nations (UN) denounces that Russia uses rape as a weapon of war. The Russian invasion of Ukraine has led to many allegations of war crimes and abuses perpetrated by Russian soldiers. The UN has corroborated 124 cases of alleged sexual violence committed in Ukraine.

The Secretary-General’s Representative on Sexual Violence in Conflict, Pramila Patten, has stated that “women make up the majority of potential victims”. Of the corroborated total, it indicates that 56 are women. It follows that 41 of the complaints are from girls and seven boys. It includes rape, forced public nudity, attempted rape, and threat of sexual violence.

Britney Spears Ties the Knot with Sam Asghari

The princess of pop herself, Britney Spears, married fiancé Sam Asghari in a magical ceremony Thursday June 9. Dressed by Donatella Versace, the bride and groom both worn custom Versace designs for their big day.

The magical, private evening took place at her Thousand Oaks home in California with around 60 guests. The icon celebrated the special night with some of her dearest friends and family, including Donatella, Paris Hilton, Selena Gomez, Drew Barrymore and Madonna.

A celebration of love and freedom, Britney danced the night away at her well-deserved fairytale wedding.

Justin Bieber Suffers Ramsay Hunt Syndrome

Justin Bieber announced the devastating news that he contracted Ramsay Hunt syndrome, “a neurological disorder characterized by paralysis of the facial nerve,” as defined by RareDiseases.org. Bieber took to his Instagram to announce the news, clarifying his recent cancellation of upcoming shows for the summer.

In a video posted to his Instagram, he showed followers the effects of the virus, stating, “As you can see, this eye is not blinking, I can’t smile on this side of my face, […] This nostril will not move. So full paralysis in this side of my face.”

Continuing he declared, “This is pretty serious, as you can see. I wish this wasn’t the case, but obviously my body’s telling me I gotta slow down.”

Texas Legislator Threatens Bill that would Prohibit Minors from Attending Drag Shows

Following a celebratory “Drag Your Kids to Pride” event held in Dallas, Texas, a Republican legislator has made threats to propose a bill that would forbid children from attending drag shows in the state. The event, held in celebration of Pride month, was described a family-friendly show that fostered honor and commemoration, like many other Pride events held throughout the month of June.

The event reportedly went viral across social media, alarming Texas Republican Bryan Slaton. Slaton took to Twitter to announce he would file a bill to restrict minors from attending drag shows. He stated, “I would never take my children to a drag show and I know Speaker Dade Phelan and my Republican colleagues wouldn’t either, […] The events of this past weekend were horrifying and show a disturbing trend in which perverted adults are obsessed with sexualizing young children.”

His disgust surrounding the celebratory event has alarmed people across the nation, especially after the mass elementary school shooting that occurred in Uvalde, Texas and left 22 dead one month prior.

Drag superstar Alyssa Edwards, originally from Texas, has publicly communicated her discomfort with Republican officials’ responses to the shooting versus the Pride event. Edwards took to TMZ and Twitter with statements, asserting directly to Slaton, “You, sir, have tweeted more about #drag than the loss at #Uvalde. Is this truly about children or politics? #Priorities.”

A group of US senators reaches a minimum agreement to increase gun control, United States

  1. The measures include a revision of the process for purchasing weapons for those under 21 years of age.
  2. The group of senators that has reached an agreement in principle consists of 10 Republicans and 10 Democrats.

A group of United States senators announced on Sunday June 12 an agreement in principle to increase control over firearms, which proposes minimum measures after the mass shootings in a school in Uvalde (Texas) and in a supermarket in Buffalo (New York) . In a statement, the group of senators, both Democrats and Republicans, have indicated that the agreement includes a review of the process for purchasing weapons for those under 21 years of age ( the perpetrators of the #Uvalde and the #Buffalo shootings were both 18 years old).

Rapper Trouble dies after being shot at an apartment complex in Georgia

Atlanta rapper Trouble was shot to death at an apartment complex in Georgia. The Rockdale County Sheriff’s Office confirmed news of the 34-year-old man’s death to local media on Sunday, June 5. According to WSBTV Atlanta, Trouble, whose artist’s real name was Mariel Semonte Orr, was shot around 3:20 a.m. at the Lake St. James apartment complex in Conyers.

Police officers claimed that when they arrived at the crime scene, they found the rapper lying on the ground. He was shot once in the chest and he was pronounced dead at the scene. The rapper’s label, Def Jam, released a statement: “Our thoughts and prayers are with the children, loved ones and fans of Trouble. A true voice for his city and an inspiration for the community he proudly represented. RIP Scoob.”

Bitcoin ATMs become more common, more than 880 machines installed in June already

In recent days, Bitcoin ATM installations around the world have increased, Coin ATM Radar has stated in its recent report. In the first two weeks of June alone, more than 882 Bitcoin ATMs have sprung up in different locations around the world. The increase in the number of these fiat-to-crypto exchange machines is related to the emerging regulation of cryptocurrencies in various countries. Besides, institutional investments in the crypto industry have managed to keep investor appetite intact, so more people have opened up their financial portfolios to also include crypto assets.

On average daily installation is between 16 and 23 crypto ATMs worldwide, data from Coin ATM Radar shows in a report.

Ranchers against the project to lower nitrogen pollution, Netherlands

The Dutch government announced on Friday, June 10, the obligation to lower emissions to 70% in some places and even up to 95% in others, to protect nature. The objective is to attack the emission of nitrogen from cattle that produces their digestion, feces and urine. The Minister for Nature and Nitrogen Policy, Christianne van der Wal, guarantees that it is an “inevitable transition”: “We have to emit much less nitrogen, and unfortunately the agricultural sector emits a lot of nitrogen. They have done a lot to emit less, but for unfortunately it is not enough. We still have to reduce it much more”.

Something that will cause major upheavals in the country’s multimillion-dollar agricultural industry since The Netherlands is the second largest agricultural exporter in the world, after the United States. A definite NO from farmers’ associations; the head of the Netherlands Association for Horticulture and Agriculture, Sjaak van der Tak, replies: “Our members say that it is good enough, that we have reached the limit. That means that we will prepare the appropriate actions to make it clear, in a dignified way, that These plans are unacceptable.”

The new National Museum in Oslo becomes the largest cultural building in the Nordic region

The most striking feature of the new museum is the huge illuminated exhibition hall at the top of the building. It will be used for temporary exhibitions of international importance. The building was designed by architect Kleihues + Schuwerk Gesellschaft von Architekten, with an emphasis on longevity and dignity over sensational architecture. The roof terrace of the new museum offers a unique view of the inner fjord of Oslo. The square in front of the main entrance has become an urban meeting place, with a coffe shop and benches that invite you to enter to rest.

“The new National Museum is the largest museum in the Nordic countries and is built to contain, preserve and display our amazing collection of visual arts, crafts, design and architecture dating back to ancient times and continuing to this day,” explained the director from the National Museum, Karin Hindsbo.

Spanish NASA finally takes off: this is how its space agency should be to be effective, Spain

The Spanish Government will approve today (June 14) the Space Council to promote the start-up in 2023 of the long-awaited Spanish Space Agency. Scientists and engineers from the sector give their opinion on how this body should be and if it is feasible to locate it outside of Madrid.

Mick Jagger tests positive for covid-19, Amsterdam

The Rolling Stones cancel a concert in Amsterdam after singer Mick Jagger tested positive for covid-19. Mick Jagger’s positive status was announced in a statement on the band’s verified Instagram account: “The Rolling Stones have been forced to cancel tonight’s concert in Amsterdam at the Johan Cruijff ArenA, after Mick Jagger tested positive after experiencing COVID symptoms upon arrival at the stadium,” the statement read. “The Rolling Stones deeply regret tonight’s postponement, but the safety of the audience, fellow musicians and touring crew must come first.”

The concert will be rescheduled for a later date and original tickets will be honored. The Rolling Stones’ current summer tour is for the band’s 60th anniversary.

The emotional farewell of the Real Madrid player: Marcelo Vieira, Spain

Marcelo: “I’ve done everything I set out to and leave here feeling happy, I leave a legacy for the youngsters”. “This season I realized that you don’t need to play to be important, you need to be part of a team and understand the coach”, he added.

The football player addressed the media at the press conference held after the tribute and farewell ceremony that took place at Real Madrid City: “I don’t think much about the future, I always live in the moment. It’s hard to leave the club of your life after so much joy, suffering, training, pain, giving your all for the club. Putting on this shirt is a beautiful and powerful thing. The future doesn’t scare me because history’s already been written, I had to do this. I’m pleased with myself and my family’s proud of me too. There’s no uncertainty”.

Current Real Madrid teammates like his compatriots Vinícius Júnior, Éder Militão or Casemiro, former teammates like, Cristiano Ronaldo, Iker Casillas, or Sergio Ramos have wanted to pay tribute on social networks to Marcelo, who leaves the white club after 16 seasons.

Shakira and Gerard Piqué confirm their separation as a couple, Spain

After twelve years together, Shakira and Gerard Piqué separated in the midst of an international scandal. The Colombian singer would have discovered her Spanish husband’s infidelities with a young model and decided to ask for a divorce.

Te felicito‘ (I congratulate you): Shakira’s song whose lyrics all relate to Piqué. After the announcement of the separation, the speculations have not stopped and it has become a highly commented topic on television talk shows. The song has not only become popular for being a danceable theme, but also for the lyrics. And it is that there are many who have related the lyrics of the song with the FC Barcelona footballer on social platforms.

A jihadist attack in Burkina Faso causes 86 deaths and 19,000 displaced, Africa

The number of displaced people after the terrorist attack that took place in northern Burkina Faso on the night of June 11 to 12 and in which 86 people died, amounts to more than 19,000 people, the authorities of the African country reported this past Saturday.

Since 2015, Burkina Faso has been dealing with a jihadist insurgency that has claimed thousands of lives and displaced nearly two million people. The conflict, which is also affecting parts of Niger and Mali, is displacing rural communities and contributing to widespread food shortages.

The left political party makes history and wins the Presidency of Colombia for the first time with Gustavo Petro

With 98.86% of the recognized votes, Petro obtained 11,185,671 votes, equivalent to 50.49%. Gustavo Petro is a 62-year-old Colombian economist and politician, leader of the Political Coalition Historical Pact. he will succeed the president of Colombia, Iván Duque, from next August 7.

Beyonce releases “Break My Soul”

Beyonce released her new song on Monday June 20, and we can safely say that “Break My Soul” did its part in “breaking” the internet. With a house music melody, the single has marked the return of the artist. The new track also reunites queen Bey with bounce music legend Big Freedia, who collaborated on the artist’s 2016 track “Formation.”

VidCon 2022

VidCon returned for the first time in a few years and was held at the Anaheim Convention Center. An array of creators and digital moguls came together at the four-day event. A surplus of panels, vendors, meet and greets and after hour celebrations took place. Sponsored this year for the first time by the popular platform of TikTok, esteemed creators like Charli D’Amelio, MrBeast, Brittany Broski and Nia Sioux were in attendance.

R. Kelly senteced to 30 years prisontime

R. Kelly was sentenced to 30 years in prison for numerous sex trafficking charges. The R&B singer reportedly used his celebrity status throughout his career to coerce young individuals to participate in sexual acts. 

Kelly’s conviction in 2021 found him guilty of one count of racketeering and eight breaches of the Mann Act, which criminalizes the use of “any woman or girl for prostitution or debauchery, or for any other immoral purpose.” 

Nightclub Gif by Reb Czukoski for use by 360 Magazine

MERGING VERSES NFT

The future of fashion is the merging of two verses, the virtual world (metaverse) and the physical world. We explore this through the unity of traditional photography and animation—where humans and AI co-exist.

The NFT world is something that is growing and still confusing for many people not directly involved in the producing and purchasing of these new age art pieces. 360 MAGAZINE was able to interview several people directly involved in the production side of NFTs, including producer and model Bee Davies and photographer Jacques Burga.

Interview with Bee Davies

  • What made you become interested in NFTs?

I became interested in NFTs when I started doing virtual production and realized that there was no marketplace for digital art. More than that, there was no fan base. We know famous photographers and people who collect their photographsbut there’s not the same kind of hype surrounding animators. An NFT marketplace not only legitimizes their work, but provides a platform that opens up the door for a whole new kind of collector.

  • How do you respond to people suggesting NFTs are overly expensive and pointless?

Couldn’t you say that about all collectibles? Digital art, like any art, is meant to be enjoyed; the NFT marketplaces and wallets allow you to do that much more easily.

  • What is your favorite NFT?

The one I produced with Jacques for 360, because it exemplifies the merging of the real world and the metaverse.

  • Was it odd to see yourself become an NFT?

Not at all. Since the dawn of social media we have all had virtual versions of ourselves, this is just an overt way of expressing it.

  • What are your biggest artistic inspirations?

I would like to create and produce a completely virtual fashion show for the industry’s top fashion houses (this means AI talent, virtual runways, and digital clothing/accessories…as well as an audience attending in VR). And of course, mint every bit of the digital experience so it can be enjoyed in the metaverse for eternity.

  • What are some upcoming projects you’re looking forward to?

I have a bunch of NFTs that will be dropping soon that I’ve collaborated on with different animatorssome of which feature the actors from the SciFi TV Pilot I created.

Interview w/ Jacques Burga

  • What made you become interested in NFTs?

It’s a whole new way of making business. I enjoy pushing boundaries when it comes to projects related to my field. It also makes me feel there’s always a next step to follow and to explore disciplines that I wasn’t precisely an expert in.

  • How do you respond to people suggesting NFTs are overly expensive and pointless?

To keep the mind open to new ways of mixing technology and creativity may be good advice.

  • What are your inspirations as a photographer?

I am inspired by People and Beauty

  • Why did you decide to blend photographic elements with virtual ones?

Our world has become very virtual. Photography gets elevated when it’s blend with other disciplines such as Art or Technology (virtuality.)

  • What is your relationship with digital artwork?

I’m working on digital projects related to Fashion and NFT. My relationship is continuously growing.

  • When did you become interested in photography?

When I left an internship at a high profile magazine in Paris and decided to become independent and nurture my desire to create fashion.

  • What, in your opinion, is your best piece of artwork/photography?

I cherish every project since it is composed of pieces that create a nice puzzle for me.

  • What projects can we expect to see from you in the future?

I will always want to explore and collaborate with new technologies and artists that share my vision of fashion and people.

NFTs available on OpenSea.

MEET THE TEAM

Media Partner: 360 MAGAZINE

Studio: Daylight Studio

Producer: Bee Davies / Hive Global Media

Photographer: Jacques Burga

Make-up Artist: Sarah Tweedy

Hair Stylist: Christine McManemi

Wardrobe Stylist: Yash Joshi

NFT Marketplace: Opensea

Digital Designer: Edward Harber

Model: Bee Davies 

Animator: Vizzee

Virtual Model Creator: Vizzee

Metaverse Creators: Vizzee / Mercedes Luna Larrahona / Zoë Jane Bernet

PA: Stefanie Murza / Aleko Syntelis

nft image for use by 360 magazine
nft image for use by 360 magazine
nft image for use by 360 magazine
nft image for use by 360 magazine
nft image for use by 360 magazine
nft image for use by 360 magazine
Cryptocurrency illustration by Heather Skovlund for use by 360 Magazine

SIKI – Where Entertainment Meets Crypto

As a multi-media, multi-blockchain NFT Creation Engine and marketplace wrapped in a social ecosystem that streams NFT music, live streams and post, SIKI app is one of the fastest-growing companies in the blockchain/crypto space.

SIKI is in a private “invite only” stage currently which users can apply for. Despite so, the app is already packed with cutting-edge features such as fast royalty payments, advanced statistics, security, gamification, multi-chain NFT engine, and cryptocurrencies. At this time, SIKI is mostly onboarding artists and crypto-enthusiasts.

Taking pride in making sure the platform will be ready and simple to use even for those who are new to NFT’s and crypto, SIKI is not in any rush to launch.As the app is relatively new and upcoming, we were lucky enough to speak with CEO Chris Moraites on what plans he has for SIKI.

Where did you get the idea to create the app?

Being a musician myself, I have always been trying to figure out a way to advance the music industry for new artists. I had worked on a few tech concepts in college and over the years but nothing felt like it could make a big enough impact. After meeting Jason Dowd and learning the possibilities of NFT’s, it helped me realize this is what I needed to connect everything. Since then, the project has grown so much further thanks to people like my brother Myles Moraites and longtime friend Nick Gangi.

What is the targeted market for this app?

Music, crypto, and gaming enthusiasts. As it grows, we are hoping that it is built to be simple enough so anyone can use whether they have knowledge of crypto or not.

How would you explain this app to people who are not familiar with NFT?

If they were familiar with gaming, I would say it’s like a music or media idle game. If they upload music, created playlists, or have collaborated, their accounts will grow even when they are not using the platform. The more they use the platform the higher their ranking in the platform allowing them to receive more rewards as well.

What will your app do that regular streaming sites are not doing?

Being able to support your favorite artists on a financial level isn’t something that has been available in all the major music streaming platforms. Also, by using the platform it isn’t just the songs that receive stats but fans will also be able to shine. In many situations most artists have no clue how much a fan supports them, we want to make this more transparent.

What are the goals for the launch of this app?

To bring in a strong and active community that looks to help support artists as well as each other. We would like all fans to be seen as curators, not just people who stream music but people who want to help push the reach of artists.

How do you see this app expanding in the future?

In our next phase we expand heavily into a social media approach allowing for NFT’s in images and videos. Unlike Instagram and other platforms, we allow users to monetize and NFT each piece of content. We then will be expanding into live streaming as well as gaming.

Can you explain the term ‘gamification’ to your audience who would like to be a part of it?

Gamification refers to a level/ranking system that is implemented for users and artists. This way, artists can increase in level the more active they are. For example, if they tip $1, they will rank up to a level 1 tipper. There are many different level categories as well as various rewards and benefits that come with being within the top ranked.

Will uploading my song to SIKI immediately turn it into an NFT?

No, you may upload music to SIKI and not NFT the song. However, if you want to receive royalties then it must be an NFT.

What are some of the latest developments that may excite users? 

We are excited to have DJ Clue on board with SIKI as he is one of the legendary shapeshifters of today’s music as he is a multi-platinum artist, DJ and producer who has been instrumental in the development of artists like Jay Z, Mariah Carey, Fabolous and many others, as well as DJing for NYC’s hottest music station Power 105.1. We also recently have begun some major partnerships with some of the top crypto companies out there. We launched our SIKI.io content house on November 1 in LA which has 2 recording studios in it. We will also be throwing networking events for artists and industry professionals in the future. Other events include an upcoming art basel where we will be announcing much more exciting news. I am so grateful for the SIKI team and can’t wait to share some of the developments everyone has been working on to build this platform.

Thanks to the popularity of its collaboration with DJ Clue and other celebrities, SIKI has been growing exponentially. “This is groundbreaking…This technology bridges music in a way never seen before. Putting every artist in a win/win situation,” says Platinum Recording Artist DJ Clue. in a report on the company’s plans to expand the NFT’s.

There’s a music angle here too: DJ Clue is not only one of its first clients, but he is also taking a stake in the company. There are more details on his plans where you can see at Siki.io: Clue’s NFTs will be launched on his upcoming show which complements the launch of the SIKI app this month. That hints at the NFTs being bundled with ticket sales, or perhaps offering seats at the concerts as rewards, Taylor Swift-style. Fans can be ahead of the NFT’s going on sale in the final quarter of this year.

About DJ Clue

DJ Clue is an American DJ, Platinum Recording Artist, Platinum Producer, and CEO of Desert Storm Records. He airs on NYC’s Power 105 6-10PM Monday – Friday. Born in Queens, New York, DJ Clue, also known as Ernesto D. Shaw, he was originally interested in pursuing a rap career, but quickly fell in love with generating his own beats and making crowds dance.

His first mixtape, released in 1990, became an almost instant hit, circulated widely because it contained a large amount of music that could not be heard anywhere else. He also recorded his mixing live freestyle, giving all his tapes a raw, immediate feel that became part of his signature sound. He distributed tapes independently throughout the 90s, and his first mixtape CD, “The Professional: Part 1”, sold over a million copies. Since then, he has had the opportunity to collaborate with several artists, including JadakissDMXSnoop DoggNasMary J. Blige, and Lil’ Mo.

Chris Moraites image for use by 360 magazine

Money illustration by Heather Skovlund for 360 Magazine

The Growth of Blockchain

Blockchain Companies hit $30.4B in Total Funding, a 44% Increase in a Year

The increasing number of organizations accepting cryptocurrency and the growing interest in blockchain technology continue driving the entire sector’s impressive growth. However, recent years have also witnessed a surge in the number of venture capitalists pouring money into blockchain companies.

According to data presented by BlockArabia.com, blockchain companies raised $30.4bn in total funding, a massive 44% increase in a year.

Investment Activity Soared by 515% YTD

By allowing digital information to be distributed but not copied, blockchain technology created the groundwork for the new type of internet. Although initially invented for the cryptocurrency Bitcoin, by improving online security and streamlining fundraising and payment options, blockchain technology was adopted by many companies across different industries.

The Crunchbase data showed 2018 was a record year for investment activity in the blockchain market, with companies raising around $10.7bn in funding rounds that year. However, the next two years brought a significant slowdown in venture capital funding.

In 2019, blockchain companies raised $4.3bn, with the cumulative funding amount rising to $20bn that year. However, statistics show 2020 brought even less fresh capital, with companies raising only $2.4bn.

After two challenging years for blockchain companies looking to attract investments and expand their business, investors flocked to this sector in 2021. In the first quarter, startups focusing on blockchain technology raised around $2.9bn, more than in all of 2020. The strong investment activity continued in the second quarter of the year, with companies raising another $4.1bn.

The Crunchbase data showed blockchain startups raised around $8bn YTD, a staggering 515% increase compared to a year ago period, and 20% more than in 2019 and 2020 combined.

US Blockchain Startups Raised $12.5B, more than European and Asian Companies Combined

Statistics show that US blockchain companies lead in the total value of investments, with $12.5bn in funding rounds so far. European companies hit $6.1B in total funding, half the value of their US peers, ranking as the second-leading region globally. Asian blockchain companies follow with $5.4B, respectively.

Analyzed by type of funding, initial coin offering ranked as the most popular way to raise fresh capital. Statistics show blockchain companies have raised $9.3bn through ICOs so far, more than any other funding type.

Series A funding rounds have brought in around $3.8bn so far. Series B and Series C funding rounds follow, with $2.6bn and $2.4bn, respectively.

The full story can be read HERE.

How Bitcoin can Positively Impact Your Small Business

Bitcoin (BTC) is the most popular cryptocurrency that is present in blockchain technology. This means all the transactions that are made with bitcoin are stored in a ledger that consists of different blocks in the blockchain. The majority of the people only heard about bitcoin, but they don’t know about it in detail. Also, there are plenty of aspects related to BTC which you must know in order to make a deal with it. 

Bitcoin trading is the act of buying bitcoin at a low rate and then reselling it at a higher rate to make profits via the margin. It’s crucial to choose a reputable platform. There are numerous platforms present, and among them, all the best one is the https://bitcointrader2.com. It’s well known for Ethereum (ETH) trade but its facilities also trade other cryptocurrencies. By making a deal with BTC, everyone becomes able to trade it and gains the potential to earn from it. Everyone needs to understand the importance of the platform they use while performing BTC trade.

Major impacts of Bitcoin on small businesses

The main impacts that the Bitcoin can have on small businesses are:

Reduce the risk of transaction fraud

One of the major impacts of bitcoin on small businesses is that by accepting it as payment, the risk of fraud or cyber threats are reduced. The entire payment process is based on blockchain technology which provides high-level security. Also, as it is a digital payment system, so there’s no risk of losing money like when you have cash in your pocket.

Transaction speed is fast, and fees are low

When small businesses invest in bitcoin, they receive low fees on all transactions. Whether the transactions are huge, the amount of fees remains low, and there is no tax required. The transactions made with BTC are also completed fast. They require only 2-3 seconds, unlike in the case of other currencies that require a few days.

Acquisition of new customers

When small business start accepting bitcoin payments, they tend to gain more customers. It’s because the number of people who are investing and trading cryptocurrencies are increasing day by day. They are in search of the best platforms for investing or making purchases. 

Negligence of paperwork of all kinds

There is no need to make a deal with any kind of paperwork which they have to pay with other currencies in the bank, etc. Its because it is a digital payment system, so users only have to require their wallet and the right address at which they have to make payments.

Easy access to the world market

Once a business starts accepting bitcoin payments, it gains access to the word market easily. Bitcoin helps them to save time and money on transactions, which is more time and money to use to grow your business.

Bitcoin can Benefit Your Business

Trading Bitcoin can be a daunting task. It’s important for people to learn about the basics of trading Bitcoin to get top-notch results. Moreover, individuals should take time to learn tips and strategies to become successful in bitcoin trading.

The most important thing for beginners to pay attention to is selecting the most reputed exchange for buying BTC as well as choosing the best trading platform. You need to look for a reputed and reliable platform where you are getting top-notch services. Using this knowledge you can make good profits but easily improve your business. 

AIDCOIN

AidCoin is empowered by CharityStars, a leading fundraising platform in the nonprofit sector. CharityStars has been providing innovative solutions to fundraising and donations since 2013 and are now trailblazing the sector by incorporating AidCoin, which will see the introduction of a suite of transparency solutions through blockchain technology and cryptocurrencies. This innovative advance comes at a crucial time when moral is low within the sector and marks CharityStars as outliers leading the future of the sector.

Many experts believe that blockchain technology has the potential to restore confidence and public trust in the charity sector, given that trust in charities has fallen to its lowest level since 2005. Public sentiment reveals that over half of the general public are skeptical about donating to charities and donors are increasingly demanding accountability for where their funds are going.

By using blockchain technology to track transactions, cryptocurrencies to transfer funds and smart contracts to ensure donations are spent correctly, CharityStars aims to introduce a new layer of transparency, traceability, enabling a better connection and increased trust between the donor and recipient, which in turn will help charities to raise more money.

Co-founder and CEO Francesco Nazari Fusetti has extensive experience in the charity sector and the issues it faces, having conducted high profile auctions and raised millions for charities across the globe. CharityStars have raised over $10M USD to date, for charitable causes such as WWF, Save the Children, The Special Olympics and Unicef