Adoption updates

Bitcoin (BTC) will be a “huge part” of Twitter’s future, according to CEO Jack Dorsey, who sees chances to integrate the cryptocurrency into existing Twitter products and services. He went on to say that it might help the company move faster in terms of product expansion, and that BTC is the “ideal contender” to become the internet’s “native currency.”

Bitcoin ATM network Bitcoin Depot has announced a cooperation with Circle K, a Canadian convenience store, in both Canada and the United States. Circle K will install Bitcoin ATMs at “thousands” of its stores, making it the first big retail chain to do so, according to the company.

News from the exchanges

Scott+Scott, an international shareholder and consumer rights litigation firm, announced that it has filed a securities class-action lawsuit alleging violations of the US Securities Act against Coinbase Global, some of its directors and officers, and each of the venture capital firms that benefited from Coinbase’s April 2021 direct offering. According to the complaint, the registration statement and prospectus used to effect the offering were false and misleading, and anyone who purchased stock should call the attorney’s office.

NFTs breaking news

According to art services company Heni, British artist Damien Hirst’s experimental non-fungible token (NFTs) sale was more than six times oversubscribed. There are 10,000 NFT paintings available, each priced at USD 2,000.

CBDCs in the news

According to People’s Gazette, the Central Bank of Nigeria (CBN) plans to launch a pilot scheme for its digital currency on October 1, 2021. They went on to say that the bank has been looking into a central bank digital currency (CBDC) since 2017.

DeFi updates

Acala, a DeFi network, has announced the launch of Karura Swap, a new decentralized exchange (DEX). The DEX allows you to begin a trading pair in “Bootstrap” mode, which allows for a limited warm-up phase to encourage a pool to establish appropriate liquidity while preventing frontrunning and market manipulation.

Mining industry news

Bitmain has announced a collaboration with data center operator ENEGIX to host the Antminer S19 Pro in their 180MW facility. This ENEGIX data center is built to house more than 50,000 modern mining machines.

According to WWNYTV, Massena, a town in New York, USA, wants to impose a 90-day embargo on new cryptocurrency mining companies to ensure that local roadsides are not clogged with trailers and shipping containers laden with computers to make the location “presentable.” Massena Town Supervisor Steve O’Shaughnessy stated that officials decided to create new laws for miners after observing trailers with computers on a main road in town, where 1,500 rigs will be placed up to mine bitcoins.

The latest blockchain news

The Central Bank of Colombia, IDB Group, and Banco Davivienda announced the commencement of Colombia’s first blockchain bond experiment. The bond will be issued, placed, traded, and settled on blockchain technology for the Colombian securities market using smart contracts.