As such, President Nayib Bukele indicated in a Tuesday post that the nation is earning even more bitcoin in the form of revenue from other services. These include revenue from a citizenship passport program, which converts bitcoin to U.S. dollars for local businesses, bitcoin mining, and revenue from government services. Original
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OneOf NFT Platform Adds American Express as Backer in $8.4M Round
OneOf, a sustainability-focused non-fungible token (NFT) platform, has raised $8.4 million in a strategic funding round that included Amex Ventures, the venture capital arm of American Express. The credit card company will host an exclusive pop-event that includes OneOf NFTs, according to a press release provided to CoinDesk. Source
CoinFlex Begins Arbitration to Recover $84M in Delinquent Debt
The company said it was speaking with depositors looking to help the business by “rolling some of their deposits into equity.” Source