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David Guetta is Accepting Bitcoin and Ethereum as Payment for $14 Million Miami Condo

Global EDM superstar David Guetta is reportedly selling his multimillion-dollar Miami condominium—and for 38 Bitcoin, it can be yours. View from the bedroom of David Guetta’s $14 million Miami condo, which is available to purchase using cryptocurrency like Bitcoin and Ethereum. Freud Group According to a report published by Mansion Global, Guetta paid $9.5 million for the 2,521-square foot, three-bathroom condo in 2018 and has now listed it with the help of Miami-based broker Freud Group at a price of $14 million. That sum can be paid in cash or cryptocurrencies like Ethereum or Bitcoin, according to Freud Group’s property listing. Guetta’s property comes with comes with access to the amenities of the Setai Hotel, including three oceanfront swimming pools, ...

How Blockchain and Crypto Can Lessen Financial Exclusion in Developing Countries

/* custom css */ .tdi_4_8ce.td-a-rec-img{ text-align: left; }.tdi_4_8ce.td-a-rec-img img{ margin: 0 auto 0 0; } While the COVID-19 crisis has reversed the recent global poverty reduction, according to the UN and other experts, it has also sped up financial inclusion via mobile financial services apps provided by crypto, blockchain and FinTech startups. Many people worldwide take for granted the services billions of others struggle to access. In their book “Financial Exclusion and the Poverty Trap,” authors Pamela Lenton and Paul Mosley assert that one of the main causes of poverty is financial exclusion, which they define as the inability to access finance from mainstream banks. /* custom css */ .tdi_3_d8d.td-a-rec-img{ text-align: left; }.tdi_3_d8d.td-a-rec-img img{ margin: 0 auto 0 0; } ...

Iran bans cryptocurrency mining for four months

Iran is temporarily banning cryptocurrency mining after some of the country’s major cities experienced repeated blackouts. President Hassan Rouhani said that the ban would last until September 22nd. The country has experienced summer blackouts in years past, and while the current round of outages is mostly being blamed on a drought that’s affecting the country’s ability to generate hydroelectric power, it seems that the Iranian government is eager to cut down on any aggravating factors. Power-hungry cryptocurrency mining operations, for instance. According to the BBC, Iran operates a program where Bitcoin miners must register with with the government, pay extra for electricity, and sell their coins to the central bank. President Rouhani stated that the legal mining operations in the countr...

deadmau5 to Perform at E11EVEN Miami During World’s Largest Cryptocurrency Conference

Miami is set to be taken over by Bitcoin 2021, the world’s largest cryptocurrency conference. As the leading figures of the crypto scene prepare to descend on the city, so too are the EDM titans who have have established themselves as its early adopters. The summit, which is scheduled for June 3rd to 5th at the MANA Wynwood convention center, will receive a heavy dose of deadmau5, who has announced a headlining set at E11EVEN Miami on the 2nd. The announcement arrives on the heels of the news of a performance by fellow crypto pundit 3LAU, who will spin at Miami’s STORY Nightclub on the 4th. In addition to 3LAU, deadmau5 was one of the first major electronic artists to align with the NFT community. In December 2020, he partnered with Emanate, who utilized the WAX ...

Crypto Trading | What is Cryptocurrency Trading? (Sponsored Post)

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Serbia’s EXIT Festival Now Accepts Bitcoin as Payment for Tickets

Serbia’s EXIT Festival—scheduled for July 8th to the 11th—is set to be one of the first major international music festivals to take place this year. In celebration of the event’s 20th anniversary a number of world-renowned artists have been confirmed for performances, such as David Guetta, DJ Snake, and Eric Prydz, among many others. With just under two months out, the organizers of the Novi Sad fest have announced that they will now accept Bitcoin as a form of payment for tickets, embracing the 2021 crypto boom. While it is not the first to offer such an alternative, EXIT is among the festival scene’s earliest adopters of cryptocurrency. When selecting a payment type at checkout, fans now have the option to purchase tickets using Bitcoin. Custome...

Elon Musk Suspends Tesla’s Plan to Accept Bitcoin as Payment

Image sourced from CNBC /* custom css */ .tdi_3_960.td-a-rec-img{ text-align: left; }.tdi_3_960.td-a-rec-img img{ margin: 0 auto 0 0; } Elon Musk has revealed that Tesla will no longer accept Bitcoin as a form of payment for vehicles – news that has caused the price of the cryptocurrency to crash as much as 15%. “Tesla has suspended vehicle purchases using Bitcoin,” writes Musk, “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emission of any fuel.” “Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at great cost to the environment.” Tesla & Bitcoin pic.twitter.com/YSswJmVZhP — Elon Musk (@elonmusk) May 12, 2021 Musk goes on to say that “Tesl...

3LAU to Perform DJ Set in Miami During World’s Largest Cryptocurrency Conference

Is there a DJ more fitting to perform during the world’s largest cryptocurrency conference than 3LAU? The award-winning dance music producer and crypto expert is primed to touch down in Florida for a DJ set at Miami’s famed STORY nightclub on June 4th. The show will coincide with Bitcoin 2021, the world’s largest cryptocurrency conference, which is scheduled for June 3rd to 5th at the MANA Wynwood convention center. Flyer for 3LAU’s upcoming performance at Miami’s STORY Nightclub during the world’s largest cryptocurrency conference. 3LAU, who has not been confirmed as a speaker at Bitcoin 2021, is globally recognized as a pioneer in the NFT (non-fungible token) space. In April he was announced as one of the judges of NFTs: The Pitch, a Shark Ta...

Beatport to Accept Bitcoin as Payment, Launches Collaborative NFT Partnership With Crypto.com

In one fell swoop, Beatport has announced their embrace of digital currency, joining the red-hot NFT game in a groundbreaking partnership with industry leader Crypto.com. The world’s largest music retailer for DJs has made a bold decision to begin accepting Bitcoin as a payment option effective this June. Beatport’s acceptance of Bitcoin makes the company the first institutional music retailer to recognize cryptocurrency as a viable medium of exchange. In a statement to EDM.com, Beatport CEO Robb McDaniels suggests this is only the beginning as the company is likely to expand its list of acceptable digital currencies in the future. “The decision to start accepting Bitcoin, and likely a few other cryptocurrencies, is part of an overall long term strategy to embrace an...

5 Institutional Funds Invested in Bitcoin by Late 2020

We saw the astronomical comeback of bitcoin last year, with a lot of people rushing to buy bitcoin. Throughout the first six months of 2020, bitcoin sold under $5,009, however, its price went over $20,000 by the end of the year. It is thought that the growth in institutional funds invested in Bitcoin was the major reason for the increase in the price of bitcoin and the bullish run it experienced. This is because digital assets are fast becoming a class asset. Due to the increased gains of bitcoin and its capacity to hedge against inflation, there is a growth in the number of institutional funds being invested in bitcoin. Also, bitcoin is simple to buy and sell via p2p platforms and easy to make micro remittances. Check out the updated list of where to buy Bitcoin in South Africa. Instituti...

Luno Records $8.3 Billion in Transactions Worldwide

Luno has recorded $8.3 billion in transactions worldwide after recently adding nearly a million new South African customers to its crypto platform. An estimated 15% of South Africans have invested in bitcoin – the second-highest percentage in the world according to the Global Web Index, beating even the USA and Japan. With over 2.1 million users in South Africa, Luno has around the same number of clients as South African Twitter users according to Statistica. It’s also the fifth most popular finance app on iPhone and third on Android – ahead of most of Africa’s biggest banks. A three-month average reveals that more than 145,000 South Africans installed the Luno app each month from November 2020 – January 2021. /* custom css */ .tdi_3_090.td-a-rec-img{ text-align: left; }.tdi_3_090.td-a-rec...

A Bitcoin-Inspired Artist Has Launched a Micropayment Plugin for DJs and Music Producers

Bitcoin activist artist Cryptograffiti has launched a new micropayment plugin designed to generate new cryptocurrency revenue streams for DJs and music producers. The announcement came with an accompanying live DJ set by Cryptograffiti that was performed at San Francisco’s US Mint, where the artist publicly demonstrated the new revenue sharing system.  “The event entitled ‘Strikes Twice’ is named after the new plugin’s ability to automatically split micropayments into separate addresses,” Cryptograffiti said in announcement shared with Bitcoin Magazine. “If live stream viewers enjoy one of the tracks played during the event, they can send bitcoin tips to a static QR code that splits the payment based on the track being played at the t...