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$6 Billion Akon City Underway: Akon Says Cryptocurrency Will Empower Africans – Bitcoin News

The construction of Akon City, the $6 billion futuristic city that will function solely on the akoin cryptocurrency, is underway. Akon says cryptocurrency will empower Africans to overcome hurdles, such as high inflation and government corruption.Akon City Will Be Like ‘Wakanda’ in Black PantherSenegalese-American star and philanthropist Akon has updated the progress of Akon City,…

Billion Dollar Public Company Microstrategy Moves $250 Million Into BTC, Says Bitcoin ‘Superior to Cash’ | News – Bitcoin News

Nasdaq-listed company Microstrategy Inc. is bullish on bitcoin, saying that it is a “dependable store of value” that is “superior to cash.” The billion-dollar company has purchased $250 million in bitcoin, adopting the cryptocurrency as its primary treasury reserve.Public Company Now Holds Bitcoin as Cash ReserveMicrostrategy Inc. (NASDAQ: MSTR), which describes itself as “the largest…

Russia’s $18 Billion Man Digs Crypto – Bitcoin, Ethereum, XRP, Litecoin Market Update – The Daily Hodl

The richest man in Russia is going crypto. Vladimir Potanin, whose net worth is about $18 billion, plans to tokenize the rare metal palladium. As the chairman of the mining company MMC Norilsk Nickel PJSC, Potanin told Bloomberg he’s talking with Swiss authorities to utilize crypto tokens pegged to palladium. Potanin says he believes digital tokens…