Bitcoin recently experienced a bearish run fueled by many macro level disruptive events most notable of which is the COVID-19. The cryptocurrency will undergo another halving in May 2020 which will cut miner’s reward by half from 12.5 BTC per block to just 6.25 BTC for every block a miner finds.
Domino's Pizza, the French unit of an American conglomerate pizza restaurant chain established more than five decades ago, rolled out an ordering contest with a huge premium of around $110,000 in Bitcoin (BTC) or hard money of 100,000 euros.
Significant world online payments system PayPal has rolled out a distributed ledger technology (DLT)-based reward system for all of its workers. Michael Todasco, a PayPal director, was cited elaborating on the platform launch in a report published by Cheddar, the financial news channel, on December 6, 2018. Everything is kept on a blockchain tech ledger, and the program is now live.
In Sep 2018, BaseFEX successfully held the first round of trading competition for its Beta Test. Traders from more than 200 countries participated and the top 10 winners were granted 20 BTC as the reward. You can check the final ranking at https://testnet.basefex.com/docs/leaderboard.
Derivatives trading isn't new at all, but it has been enjoying a revival of late. As the crypto market has traded askance, many traders have northed the leverage and hurried to swap Bitcoin derivatives that halsen big risk and reward. While platforms such as Deribit and Bitmex have highly profited from a gain in synthetic assets, a lot of traders have been left stranded.