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  1. The world's First cryptocurrency city will be built in El Salvador. A Bitcoin City dedicated to bitcoin will be built in the country. This was announced by the President of El Salvador, Nayib Bukele. Its shape will resemble a vast coin, and in its center, an exhibition complex will be built in the form of a giant symbol, "B." The city will be supplied with electricity from renewable energy sources. Therefore, it is planned to build it right at the foot of the volcano. The President assures that Bitcoin City will have everything for a comfortable life. Shopping malls, affordable housing, educational and entertainment facilities, eco-friendly transport, necessary infrastructure, and its own port. The city will be an ideal haven for miners who will be able to mine bitcoin using the volcano's energy. Residents will not pay any taxes other than VAT. The first half of the amount will be used to pay bonds, and the second half will be used for infrastructure development and maintenance of the city. The construction will be financed by tokenized bonds for $1 billion. They will be placed on the Liquid Network. The government has signed a deal with Bitfinex and Blockstream. They will jointly develop a platform for creating tokens. All invested funds will be divided into two parts. The first half will be invested in bitcoin for 5 years, and the second — in urban infrastructure and the organization of bitcoin mining. Not only residents of El Salvador, but everyone will be able to finance the construction. You can invest any amount, even $100. Recall that on September 7, El Salvador officially recognized bitcoin as a means of payment.
  2. A 14-year-old girl earned more than $1 million on NFT with belugas. 14-year-old schoolgirl Abigail, together with her older brother Adam, created a collection of 8000 NFTs with belugas. They were sold out in just 10 hours. The girl drew various backgrounds and about 167 unique ornaments: caps, glasses, fur coats, suits, shirts, etc. Then, with the help of a script, all the elements were distributed in such a way as to repeat in a particular sequence. For example, belugas in fur coats are the most expensive because there are only 8 such tokens. 20 NFTs from the collection are unique — their details are not found in other tokens. NFT was put up on Alpha Art, an NFT marketplace that allows users to buy and trade Solana-based tokens for free. The initial price of the token was 0.8 SOL — about $160. But over time, the price has increased. The most popular NFTs were bought for 300 SOL (over $60 thousand). And the most expensive token with a beluga in a leopard fur coat and a sailor's cap was bought in 2021 SOL (over $400 thousand). In just 10 hours, Abigail earned more than $1 million. The girl gave about $100 thousand from this amount to the organization for children with cancer Sunshine Kids, and another $100 thousand to non-profit organizations that help belugas. Token holders resell their belugas, and the artist receives 5% royalties from each sale. To date, she has already earned over $76 thousand on this.
  3. More than half of game developers use blockchain technologies in their projects The Stratis blockchain platform conducted a survey among 197 game developers from the USA and the UK. They wanted to know their opinion about blockchain technologies and their use in games. It turned out that 58% of respondents already use blockchain in their projects, and 47% have integrated NFT technology. 56% of those who do not use blockchain yet plan to do so in the coming year. 64% believe that blockchain technology will become a trend in the gaming industry over the next two years. Another 53% agree that by then, NFTs will also be more common in games. To the open question, "What is the use of blockchain technology for games?" 61% said it allows you to distinguish the project from the rest and make the gameplay more enjoyable. Another 55% believe that it encourages players to spend more time in the game because the blockchain allows them to earn real money on their virtual achievements. 46% of developers who already use DeFi in games have implemented it in the "play-earn" model. Another 46% have introduced unique items and artifacts in the NFT format. 42% have launched a game currency backed by a cryptocurrency or token. Why introduce blockchain into the game? Blockchain will solve several significant problems of the gaming industry. Namely, the insecurity of money transfers and storage of game currency, copyright infringement, the vulnerability of the development environment, exposure from cheaters, and difficulties in project maintenance. 1. Security of transfers and storage of game currency. Players will be able to make purchases using cryptocurrency. All transactions will take place quickly, without intermediaries, and safely. Also, all your in-game assets and items in the NFT format can be stored in your wallet. Today, in most projects, all purchases are stored on the developer's side. In case of closure, fatal error, or hacker attack, players can lose their money. The blockchain will not allow this to happen. 2.Copyright protection. All concepts can be uploaded to the blockchain, and sketches and art can be turned into NFT. No one will be able to steal and pass off other people's ideas as their own. Developers can very easily prove an attempt of an impudent copy paste. 3.The invulnerability of the development environment. It is almost impossible to slow down a game uploaded to the blockchain. Hacking attempts will not succeed as well. 4.Protection from cheaters. Since all transactions are visible in the blockchain, developers will be able to notice an attempt to steal other people's artifacts and in-game currency in time. It will help them to prevent it. 5. There are no difficulties in the maintenance of projects. Today, expensive data centers are needed to support popular games, which themselves may not be able to cope with the influx of users. As a result, there are hangups, connection problems in entire regions, and critical errors that hit the company's reputation. In the blockchain, the players' devices will themselves ensure the operability of the whole system. Each new installation only expands the power of the game. Blockchain Games:examples 1.Sandbox Description: the game can be compared to Minecraft. This is a sandbox where players can create their own worlds and items. Both single and corporate modes are provided. Using blockchain technologies: players can sell and buy items and cards of others in the NFT format for the ERC SAND token. 2.Splinterlands Description: a collectible card game where you need to collect decks with heroes and participate in battles. Using blockchain technologies: players can sell, buy, borrow or rent their cards and decks for DEC currency. Also, for each victory, a reward is credited to the wallet in DEC. 3.Sorare Description: a football emulator in which the player must collect football players' cards, form teams, and participate in matches. Using blockchain technologies: for each win, the player receives a reward in cryptocurrency. Also, you can earn money by selling NFT cards for football players.
  4. In Indonesia, cryptocurrency transactions have been recognized as a sin for Muslims. The Indonesian Ulema Council— the country's leading religious organization, has called for a complete ban on cryptocurrencies for Muslims. One of the leaders of the SUI, Asrorun Niamh Sholeh, said that the crypto trade is sinful and does not comply with the principles of Sharia. “Cryptocurrency is haram (sin) because it has elements of betting and uncertainty” he explained. “Digital assets can only be accepted by a Muslim in one case. If the cryptocurrency as a commodity or a digital asset can comply with the principles of Sharia and show a clear benefit” Although the Ulema Council is the most influential Islamic organization, its decisions are considered a recommendation rather than a decree. SUI's statement does not mean that cryptocurrency trading will be banned in the country. But Sholeh's speech may deter Muslims from investing in it. Indonesia is the largest Muslim country in the world. About 88% of all citizens profess Islam. Therefore, the word of the ulema council can radically change the attitude of the population to cryptocurrencies. The position of the religious organization does not agree with the opinion of the authorities. In Indonesia, it is officially allowed to trade cryptocurrency. Although, at the legislative level, it is equated to a commodity and not a means of payment. The rupee is the only legal currency in the country. By the end of 2021, the country wanted to open the first cryptocurrency exchange. Also, the authorities announced work on the digital rupee project.
  5. Reddit users will be able to receive ERC-20 tokens for karma points. Active Reddit users will receive ERC tokens in exchange for high-quality content and popularity in the community. This was announced by a Reddit engineer under the pseudonym Rahul on Twitter. Karma Points is a Reddit reputation system that helps weed out low-quality content and aggressive users. Reputation balls work like likes and dislikes in any popular social network. The more people put a plus sign under your post or comment, the higher your karma score, and Reddit promotes you more often. Conversely, if a user's posts or comments have scored a lot of dislikes, then his karma score drops. Users with too low a karma score can get into a shadow or absolute ban. According to the calculations of the Reddit team, this initiative will be able to attract up to 500 million new users. Earlier, in 2020, Reddit has already launched a beta version of the reward system.Two thematic forums, r/FortniteBR, and r/Cryptocurrency have created their own tokens on the air — BRICK and MOON, respectively. Participants could earn money for publishing high-quality content and being active on the forum. Tokens were used to conduct or participate in voting, encourage other users, and transfer funds. As a wallet, the Vault platform was created with which the user could view his balance, receive and spend coins.
  6. Dear users ! Technical works on the AnyExchange.best are finished. All services are available. Thank you for your patience and trust! AnyExchange.best team
  7. Dear users ! Our service is undergoing maintenance until November 1, 2021. In this regard, the exchange service will be temporarily unavailable. The service will resume full operation in the near future. Thank you for your understanding. AnyExchange.best team
  8. How to protect your assets on the exchange from dirty cryptocurrency? PureFi is an innovative cross-chain solution designed to serve the decentralized finance sector. It is a protocol with a built-in AML service. Specialists from AMLbot, in partnership with Hacken and Crystal, are working on a unique PureFi certificate, which will help businesses access exchanges and similar services easier and faster. The project will allow companies providing KYC/AML services to connect with users of DeFi platforms or services to provide them with a high level of security in the world of cryptocurrencies. PureFi will contain information about the asset price, AML/KYC, and other metadata. This will serve as one hundred percent proof of the legal origin of the assets. It will be possible to use the protocol on the most popular blockchain platforms, including Ethereum, Binance, Polkadot PureFi will provide honest users of the DeFi market with a high level of protection against suspicious transactions and allow customers to remain anonymous. Thanks to this protocol, clients can analyze crypto wallets and transactions using extensive AML databases. PureFi consists of oracles and smart contracts. It involves three groups of users, including: To whom PureFi will be helpful? Liquid poo users who want to put their coins in the pool and have to prove that their funds are clean; Liquid poo operators who control and manage liquidity pools and want to ensure the purity of all new assets;. Issuers - companies or enterprises that track cryptocurrencies and make decisions in KYC and AML. The project is currently under development. Anyone can sponsor it by investing money in the $UFI token. 70% of the token fees will go to the liquidity market. All sponsors will receive a 30% discount on services.
  9. Leave a review about our service on bestchange.ru and get rewarded. AnyExchange.best added to the monitoring of exchangers bestchange.ru. We thank all our customers for their trust. To mark an occasion, we are announcing a promotion. Leave a positive review about the work of our service on bestchange.ru and get $1 to your mobile account. To participate in the promotion: Make any exchange on our website; Write a review about the quality of our work on bestchange.ru; Contact us via the contact form on the website and send: on the website and send: 1.the ID of the previously made exchange; 2. screenshot or link to your review on the website bestchange.ru; 3. mobile phone number to which we will send the reward. Please note that: Users who leave unconstructive, aggressive, or biased feedback won't be rewarded; Each user can leave no more than three reviews, regardless of the number of exchanges; You may lose your reward for trying to create fake multi-accounts.[ Thank you for using our service!
  10. The Best Way to Protect Your Coins from Suspicious Transactions Looking for the most reliable way to protect your crypto assets from fraud? Then use the AMLSafe cryptocurrency wallet. This is an innovative solution in the world of decentralized finance. AMLSafe is a cold cryptocurrency wallet with a built-in AML module. The application provides all standard functions, including buying, selling, exchanging, sending, and receiving coins. In the app, you will be able to buy various digital assets using a credit card. The wallet supports more than 50 cryptocurrencies, including Bitcoin, Litecoin, Ethereum, and others, and ERC-20 tokens, including QC, TUSD, NEXO, etc. The main advantage of AMLSafe is the built-in AML verification service. Without leaving the app, you will be able to check incoming transactions. This will help you ensure that a “dirty” cryptocurrency has not got into your wallet. You can check transactions even before they get into your wallet. In case of a suspicious transfer with a high risk, it can be blocked promptly. The AMLSafe wallet offers a vast number of advantages over other cryptocurrency wallets, including: Referral program. By inviting friends through your link, you get free checks; Support for more than 50 different cryptocurrencies and ERC20 tokens on the Ethereum platform; Ability to buy and sell Bitcoin, Ethereum, Tether, and many other cryptocurrencies with fiat. Quality support 24/7; The ability to send and receive money with deficient fees; High level of protection against hacker attacks and intruders The wallet is protected by a multi-level security system; You can purchase digital assets using any bank credit card; The ability to create an unlimited number of wallets; Compatible with Android and iOS.
  11. How to protect your digital assets from "dirty money"? If you are the owner of crypto assets and care about your reputation on the exchange, you should protect your wallet from suspicious transactions and "dirty money." An account with a dirty crypt that has been on the darknet may be banned on the cryptocurrency exchange. Don't want to become a victim of scammers and lose your money? Check transactions before they get into your crypto wallet. AML Bot. will help you with this. Among the most reliable AML services that provide customers with the ability to verify transactions, AMLBot can be singled out. It was launched in 2019. For 3 years, the AMLBot team has helped more than 30,000 owners of crypto assets to check their funds. Thanks to timely verification and risk assessment, the service's customers could protect about $ 65 million from blocking. Using the service is very simple. Register on the website or open a bot in telegram and send the wallet address you would like to check. In response, you will receive an asset analysis in PDF format. The risk is calculated as a percentage. Also, you will receive a detailed analysis of the origin of each component of your assets. In addition to the usual check, AML Bot also has an investigation mode. This service is needed if you want to check at what point the crypt became dirty. The analysis will show the entire transaction history of the asset, including the names of the cluster, the percentage of their risk, and the number of intermediate addresses. With AMLBot, you can check not only single addresses. There are also offers for corporate clients. With the help of API integration, the service can be connected to any site. Also, there is Premium Exchanger for exchangers who need ready-made assistance to verify all transactions on the service. AMLBot offers its customers a wide range of advantages: A wide range of verification. With the help of the service, you can verify transactions of more than 1,500 cryptocurrencies, including BTC, LTC, ETH, etc. It also supports ERC-20 tokens, including QC, TUSD, NEXO, and others; The accuracy of the analysis. Addresses are checked against several Crystal international databases at once. This guarantees high accuracy of the result; Round-the-clock and fast support service. Any of your questions will be answered within 30 seconds; Absolute anonymity. The service does not collect or store user data; Profitable affiliate program. By registering with a referral link, a person receives a 5 percent discount on checks. The client also gets a bonus for invited friends, in the form of 10% of all their payments. You can try it for free. A new user can perform 1 transaction verification in the Telegram chat and 2 checks on the website absolutely free of charge. In conclusion, AMLBot is a high-quality and reliable AML service that provides its customers with a high verification level for "dirty money." Using it, you can always be sure of the legality of the origin of your crypto assets and not be afraid of sudden account blocking.
  12. Ukraine is leading in the ranking by the number of cryptocurrency owners According to the Tipple rating in 2020, about 5.5 million Ukrainians bought crypto assets. This is about 13% of all residents of the country. According to the percentage of the population, we occupy first place in the world, overtaking Russia — 17.3 million inhabitants, 11.9%, Venezuela — 2.9 million inhabitants, 10.3%, Kenya — 4.5 million inhabitants, 8.5% and the USA — 27.4 million, 8.3%. Also, from July 2019 to June 2020, Ukrainians transferred about $8.2 billion of crypto assets abroad and received $8 billion worth of cryptocurrencies. Residents of Ukraine earned about $400 million on investments in BTC. Recall that in 2020, Ukraine was the leader in the world ranking for the introduction of cryptocurrencies. Residents of Ukraine, Russia, and Venezuela were the most active buyers of cryptocurrencies.
  13. The blockchain will be used to protect bicycles from theft and forgery. From 2020, the manufacturer of road bikes Colnago will introduce blockchain technology to protect its frames from fakes and theft. Each bicycle will have a digital passport with data on production, transportation, and transactions. Due to the features of the blockchain, all data will be securely protected. This will allow them to be used in controversial situations as proof of forgery and ownership. Colnago frames are especially appreciated among collectors. With the introduction of the blockchain, they will be able to confidently conduct auctions without the risk of buying a fake. For the same purpose, Colnago will create a series of NFT with the image of its products. The first owners will receive a version of their bicycle in the token format. The project will be implemented in a team with MyLime. This company develops identification tags for luxury goods (RFID). It is RFID technology that will form the basis of digital passports for bicycles. The database will be hosted on its own MyLime Automotive Blockchain. The company also reported that in 2022 it will present two more new functions based on the blockchain. Colnago is an Italian manufacturer of racing bicycles. Their products are very popular with professional athletes and collectors. Colnago models can often be seen at world competitions such as the Tour de France, the Vuelta, and the Giro d'Italia.
  14. This weekend, our company attended the third international conference "Money of the Future" in Vinnytsia. "Money of the Future" is a conference dedicated to innovative technologies and trends in finance, investment, and cryptocurrencies. The event was attended by more than 35 experts-blockchain developers, investors, financiers. Deputy Minister of Digital Transformation Alexander Bornyakov made a speech about the prospects of the crypto industry in Ukraine. Our employees were able to communicate with colleagues, discuss issues of DeFi., artificial intelligence, cybersecurity, and the future of cryptocurrency in Ukraine. We listened to the reports of top experts and panel discussions. We would like to thank the conference organizers for a pleasant, fun atmosphere and high-quality networking.
  15. The Russian cryptocurrency exchange SUEX has fallen under US sanctions. The US Treasury Department reports that the SUEX platform actively assisted cybercriminals. At least 8 ransomware programs operated on the exchange's website. With their help, criminals could decommission various systems-from primitive equipment to production facilities. The attacks stopped only after receiving a ransom, usually in cryptocurrency. About 40% of all transactions were connected with criminal organizations. According to the ministry, since 2018, the exchange has laundered about $ 160 million in BTC. The SUEX exchange was registered in the Czech Republic in 2018. But, in fact, its offices were located in Russia and the Middle East. The company specialized in exchanging cryptocurrencies for cash and their withdrawal into physical assets - real estate, transport, etc. With the growth of the cryptocurrency exchange rate, there are more and more ransomware attacks. In 2020, more than $400 million was transferred to hackers. This is 4 times more than last year. One of the previous such cases occurred in May 2021. The world's largest meat processing company JBS was attacked. As a result, the work of enterprises in Canada and Australia was stopped. Since JBS produced a quarter of all American beef, delays in deliveries could lead to a sharp increase in meat prices. To avoid risks, the company paid the criminals $11 million in BTC.
  16. In Laos, several companies have allowed mining and crypto trading A special working group was created in the country. Its task will be "to study and determine the basics of legal crypto regulation." With this decision, the government legalized both the mining and trading of crypto. But so far, only for selected companies. Six organizations in the experimental mode will use BTC, LTC, and ETH. Analysts identify two main possible reasons for this decision. Firstly, Laos' hydroelectric power plants produce too much electricity. Mining farms will be able to use energy without harming the country. Secondly, before the pandemic, their primary source of income was tourism. COVID-19 has hit the economy of Laos. Against the background of the ban on mining in China and the mass transfer of capacities to other countries, Laos will level out its economic situation.
  17. The most popular stock markets for August 2021 were named According to the rating of CryptoCompare, 90% of all crypto transactions in August were conducted on 6 exchanges. These are Coinbase, Gemini, Kraken, CrossTower, Bitstamp and itBi. Analysts say that trading on the AA exchanges increased by 43.6% to $2.4 trillion during this period. Volumes on businesses with a lower rating increased by 10.4% to $218 billion. Of the 100% of transactions, 91% occurred on rating exchanges. Binance dropped to 23rd place. The analysis showed that this was due to legal problems in some countries. The exchange has the worst indicators in the rating of asset quality/diversity and regulatory pressure. But Binance has maintained a high position in the ranking of security and data representation
  18. Quick cash transfer Need to send USD cash to another city? You can do it here as quickly and safely as possible. We offer a cash-cash transfer service in any regional center of Ukraine. With us, you can ensure that the operation will be completed as quickly as possible. Also, we guarantee 100% availability of a reserve. Having problems creating an order/paying? Contact us via the feedback form on the website or via the telegram bot @AnyExchangeBESTbot. How quickly to make a cash-cash permutation on AnyExchange.best? Log in or register on AnyExchange.best; If you haven't verified your account yet, you can do it now. Such verification is optional; Fill in all the required fields on the referral page, “Exchange of cash USD for cash USD” Choose the city you need. If you have not found a suitable one, don't hesitate to contact us via the feedback form on the website or by telegram. We will try to solve your problem; After clicking on the “Exchange” button, you will be taken to the application creation page. Carefully check all the information; Click on the “Create an order” button. It will take you to the payment confirmation page; After the order was created, our operator will contact you. But you can always reach us via the support form on the website or via the telegram bot @AnyExchangeBESTbot (be careful, there are fake accounts). To make a cash-cash transferring, follow the next steps: a) specify the number of your application to the operator; b) choose the most convenient item from the ones offered by the operator; c) after the operator sends the code by which you will deposit the money, give the cash to the cashier; d) inform the operator that you have deposited money in the cash register; e) after confirmation by the cashier, the operator will send you a code for cash withdrawal. After receiving the funds, the application status will be updated to “Completed.”. You can always track the status of your applications in your account.
  19. MasterCard has acquired a startup to counter cryptocurrency laundering. The company plans to improve its information security systems. The technologies of the CipherTrace startup will help them create their own reliable platform for operations with crypto. CipherTrace is an analytical company specializing in cryptocurrencies. The startup cooperates with exchanges, banks, payment systems, law enforcement, and financial authorities. Among their services are investigating crypto crimes, transaction analysis, monitoring for compliance with AML, KYC policies. Earlier, in February, MasterCard began supporting cryptocurrency. They created special cards with the possibility of cryptocurrency transactions.
  20. Ukraine is the leader in the traffic of fraudulent sites related to cryptocurrency. Chainalysis analyzed all suspicious transactions for the period July 2020-June 2021. According to the report,Eastern Europe leads in the total amount of transfers to the darknet and visits to fraudulent sites related to cryptocurrency. Ukraine has become the world leader in visits to such sites. It is noteworthy that the number of such visits is twice as high as in the United States. This country took second place. Eastern Europe is the second in terms of the total amount of money sent to suspicious sites. Most of the cryptocurrency was transferred to scammers - $ 815 million. More than half of this amount falls on the Russian financial pyramid “Finico”. Also, residents of Eastern Europe most often transferred assets to darknet sites. This is associated with the activities of the Hydra Market, which focuses on Russian-speaking users. More than $46 million was transferred to addresses associated with ransomware viruses. It happened because most of this software is developed and controlled by Russia. Chainalysis analysts emphasize that this is due to the lack of comprehensive or completely absent cryptocurrency legislation. Chainalysis — an international blockchain data platform. Provides information to government agencies and companies for conducting investigations and lawsuits. Also, every year it publishes a detailed analysis of the crypto market
  21. Employees of the US postal service will study the cryptocurrency. The US Postal Service Inspectorate (USPIS) will review the system of selection and training of employees. This improvement will help to conduct cryptocurrency investigations more effectively. After an expert audit of internal processes, it turned out that the inspection does not have a training program. Incompetence in the field of cryptocurrency prevents employees from conducting investigations. So, for 2019-2020, the inspectors managed to solve only four cases out of nine. Mary Lloyd, an expert on cybersecurity and technology, said that the incompetence of the inspectors jeopardizes all the activities of the USPIS. Without training and clear guidance, such employees are straightforward to declassify. Lloyd believes that it is necessary to conduct seminars on cryptocurrencies and develop guidelines for managing a wallet. The management should also improve the system of interaction between postal inspectors and the cryptocurrency fund. USPIS has already responded to the audit results. Management would tighten the procedure for selecting applicants. They will also consider the issue of introducing training shortly. USPIS is a particular branch of the US Postal Service that investigates financial crimes for which mail is used.
  22. Vogue has created two covers in the format of tokens. Vogue — a magazine dedicated to high fashion — has created covers in the format of non-interchangeable tokens. They will be available in the September issue. You will be able to view the tokens through the QR code placed on the printed version. Also, the preview is already available on the magazine's website. The first of the two covers is called "The Renaissance Rising." It's a joint creation of the fashion house The Fabricant and the artist Shavonne Wong. The figure on the token stands in different poses, depending on the Singapore time. The background color also changes according to the same principle."Triumphant" Awakening is a cover by 3D artist Chad Knight. He created it in partnership with the studio Baëlf Design. The image shows a hat made by AI. Both works will be put up for auction at Binance NFT, held on September 20. The event will be held jointly with Brytehall, a premium token platform Earlier, the creative director of Balmain, Olivier Rustin, created the "Flame Dress" outfit in the NFT format. And a few days ago, a fashion magazine released a collection of NFT in the format of cases. The buyer can get a random token of varying degrees of a rarity with a sunrise image.
  23. Opening of new directions! Dear users and partners! We don't stand still and develop thanks to your feedback. And now we are happy to present you our new directions: Perfect Money USD → Advcash USD Sberbank RUB → TRC20 USDT Sberbank RUB → Perfect Money USD Sberbank RUB → Ethereum ETH Sberbank RUB → Advcash USD VISA/MC RUB → Perfect Money USD VISA/MC RUB → Advcash USD VISA/MC RUB → Ethereum ETH VISA/MC RUB → Bitcoin BTC VISA/MC RUB → Advcash USD Tinkoff RUB → Perfect Money USD Tinkoff RUB → Advcash USD Tinkoff RUB → Tether TRC20 USDT Tinkoff RUB → Ethereum ETH
  24. Bitcoin will replace gold — Michael McGlone Bitcoin (BTC) will replace gold, despite pressure from financial regulators, says Bloomberg strategist Michael McGlone. McGlone came to this conclusion during a conference in Bretton Woods. The valuable metal will retain its former positions in industry and production. But BTC will soon replace it in another area, becoming the most popular asset for risk insurance and savings. Among the main reasons for this, we can single out high security and autonomy from the government. The digitalization of money and the financial industry gives bitcoin a significant boost for growth. A similar situation allowed the USD to become the dominant currency in the global financial market, he noted. Gold, on the contrary, has no such impulses left. Earlier, Bloomberg analysts stated that bitcoin is becoming a digital version of gold
  25. The profit of the mining company Bitfarms increased 4 times BTC mining company Bitfarms announced that its profit increased by around 400 percent during the year. Today its profit is around $ 37 million. In addition, the shares of the company rose 2, 5 times because of regulations of China according to the mining and the increase of the BTC price. During the second quarter of 2021, the company mined 759 BTC with an average cost of approximately $9,000 per one coin. The sum of spending on mining BTC reached approximately $9,000 per one coin as compared to the last year when this sum was around $ 5, 000. As Emiliano Grodzki, the CEO of Bitfarms announced, the company would enhance its capacity eightfold by the end of 2022 and locate its mining farms all over Northern and Southern America. The second quarter of the current year became successful and profitable for the mining company.

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