News Recap: Crypto a Game Changer for a Better Ecosystem?

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Crypto Games

May 22, 2020

  1. J.K Rowling Created a Twitter Storm to Highlight the “Huge Question” on Bitcoin
  2. Blockchain E-sports Streaming Platform Advancing Within the Smartphone Market
  3. Massive Money Printing, What’s the Pandemic’s Impact on the world’s current’s Ecosystem?
  4. Iran Tightening Laws Governing Crypto?

J.K Rowling Created a Twitter Storm to Highlight the “Huge Question” on Bitcoin

NEW YORK, NEW YORK – DECEMBER 11: J.K. Rowling attends HBO’s “Finding The Way Home” World Premiere at Hudson Yards on December 11, 2019 in New York City. (Photo by Dia Dipasupil/Getty Images)

“People are now explaining Bitcoin to me, and honestly, it’s blah blah blah collectibles (My Little Pony?)

Did J.K Rowling make a huge mistake by publicly asking the world what Bitcoin is?

Unsurprisingly, it wasn’t long before Rowling was drowned with thousands of replies from crypto-enthusiasts who had been waiting all their lives for an opportunity like this. She is in for a long night of debate amidst the pandemic outbreak

But because Rowling hadn’t been approached by enough mansplaining tech nerds for one night, Elon Musk decided to weigh in, clarifying that while Rowling’s derisive summary of Bitcoin was mostly correct, currency issued by central banks actually makes Bitcoin “look solid by comparison.” Around this time, the author revealed she was four old-fashioneds deep and any Bitcoin explanations might as well be written in Sanskrit.

When one hopeful Bitcoin-splainer suggested Rowling take another crack at it sober, the writer simply replied, “I’ve got far more chance of grasping it drunk.”

Source: Cityam

Blockchain E-sports Streaming Platform Advancing Within the Smartphone Market

Image Source: Lucie Liz, Pexels

According to a Medium post published Wednesday, The Blockchain E- sports streaming platform Theta blockchain [THETA.tv] will be included in the Samsung Daily app! 

The service will be upgraded to bring the television service to all existing Galaxy S10, S9, Note10 and Note9 devices. Extending its reach to more than 75 million smartphones and tablets, according to the post. 

“Theta has been collaborating with various Samsung groups for the last two years after Samsung NEXT invested in the company in 2017. We’re excited to continue growing our relationship with Samsung by launching THETA.tv powered by our blockchain technology and TFUEL rewards to millions of Samsung mobile users.” said Mitch Liu, co-founder and CEO of Theta Labs. 

Rewards earned via purchases on THETA.tv can also be spent on favorite streamers and/or content producers within its ecosystem.

Source: Coindesk

FESSChain Grand Trading Fest: Stand a chance to win BMW and Prizes Worth up to $100,000

Massive Money Printing, What’s the Pandemic’s Impact on the world’s current’s Ecosystem?

Image Source: Jp Valery,Unsplash

On May 14, Kiana Shek, our DigiFinex’s Co-Founder sat down with Roger Ver, the Executive Chairman of Bitcoin.com, to discuss the cryptocurrency ecosystem. Roger Ver explained what he thinks about the central banks printing unlimited money, the government-induced lockdowns, and his opinions about certain cryptocurrencies like BTC, BCH, XRP, ETH, and more during the live session.

Kiana also brought up the issue on the economic crisis and the massive amounts of stimulus central banks have created during the last two months. 

Roger stated that the pandemic is a real disease and a real problem. But the reaction to it so far, seems to be much much worse than the disease itself. You see governments all over the world doing these economic stimulus packages. If printing money and just giving everybody some of it will make it so people never have to work again, why didn’t we do that for the last 100 years?

Source: DigiFinex

Iran Tightening Laws Governing Crypto?

Image Source: Cytonn Photography,Unsplash

If you’re looking to trade cryptocurrency in Iran, you’re likely going to find it much tougher than before. The Iranian parliament has recently put forward a proposal to classify cryptocurrency as “currency smuggling”, alongside further regulations of foreign currency exchange. What does this mean? Iranian traders and entrepreneurs will likely face an increased risk of arrest by local authorities, or sanctions from America. 

The law would dictate that cryptocurrency exchanges must be licensed by The Central Bank of Iran, and follow legacy foreign currency exchange guidelines. It appears that the Iranian government is looking to stem outflow of capital with this law, which can shut down or penalise local crypto exchanges.

Source: DigiFinex

Our Current Events Happening Now:

We are Recruiting Futures Contract Brokers!

The BIG Bitcoin Halving Event is here!
Community Vote Listing Round 14

New version of fund products launched, up to 100% annualization 

ETF Margin Trading Launch

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Get Daily Rewards When You Complete These Tasks on DigiDeriv

Coin919 Joint Grid Trading Competition 

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FESSChain Grand Trading Fest

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We are currently hiring the following positions: 

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If any of the positions above interest you, we warmly welcome you to send your CV to hr@digifinex.com.

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