Bitcoin News and Finance: What You Need to Know

Although the travel industry is said to be in great need of digital innovation, according to Pablo Castillo, the CTO of the blockchain-based travel firm Chain4travel, “aviation is the most obvious sector to innovate with blockchain.” To support this assertion, Castillo, a former group CIO of Hotelplan Group, pointed to the aviation sector’s outdated technological infrastructures as well as its lack of standardized data. Pablo Castillo on Blockchain and Travel In written answers sent to Bitcoin.com News, the CTO also argued that the use of blockchain helps reduce fragmentation which at the moment is a defining characteristic of the travel industry. In addition, the use of this technology can also help bring “seamless operations across the industry.” However, much of how the technology can help reduce friction in the travel industry will depend on the agnostic nature of blockchain technology, Castillo argued. When asked why he believes that the travel industry should have its own lay...

PRESS RELEASE. On the 24th of November, attendees from around the world will gather at the luxurious Cabo Beach Club in Cape Town, South Africa, for the highly anticipated Crypto Fest 2023. Crypto Fest has earned its reputation as being one of the most prominent events in the blockchain and cryptocurrency space in Africa. It attracts hundreds of blockchain and crypto enthusiasts, visionaries, thought leaders, seasoned investors, and innovative startups for insightful discussions, networking and knowledge-sharing opportunities, and the latest advancements in the digital finance landscape. This year’s Crypto Fest is themed ‘Cryptopia’ and marks the 5th annual edition of Crypto Fest. Attendees are invited to venture into an extraordinary realm that transcends the boundaries of our current society and embark on an adventure where limitless possibilities await. The festival-type event aims to encourage meaningful connections within the crypto community while promoting the understandin...

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela and Argentina use crypto uniquely, according to Chainalysis; the Brazilian Congress recommends indicting Binance CEO Changpeng Zhao, and the Argentine peso keeps falling to record lows. Chainalysis: Argentina and Venezuela Present Unique Crypto Use Cases According to a recent article referencing Chainalysis 2023 Geography of Cryptocurrency Report, Venezuela and Argentina use crypto uniquely to tackle their particular issues. Argentina is leveraging crypto to fight the breakdown of its currency, which has reached record lows recently. For Argentines, cryptocurrency (especially stablecoins) presents an opportunity to save in dollars, preserving their purchasing power. Alfonso Martel Seward, Head of Compliance & AML at Lemon Cash, stated : We have really high inflation, and there are lots of restrictions against buying foreign currencie...

This month Bitcoin.com News delved into the top ten XRP wallets, having scrutinized the leading bitcoin, ethereum, and tether addresses the month prior. Next on the radar? An exploration of the top ten litecoin ( LTC ) wallets, standing out from 7.14 million distinct LTC-holding addresses. Often dubbed “the silver to bitcoin’s gold,” litecoin operates on a proof-of-work blockchain and boasts a history spanning 12 years. Litecoin’s Powerhouses: Which Wallets Reign Supreme? Recently, Litecoin celebrated 12 years since its inception by Charlie Lee on October 13, 2011. The digital currency network just experienced its third reward halving, resulting in miners now pocketing 6.25 LTC for every mined block. As of October 15, 2023, with a market cap of roughly $4.55 billion, LTC sits as the 15th heavyweight in the crypto realm. Currently, around 73,762,420 LTC are in circulation, approaching its max cap of 84,000,000 LTC . Over this 12-year journey, 7.14 million distinct litecoin add...