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Argentina Signs its First Lease Agreement in Bitcoin
The first lease agreement denominated in Bitcoin was registered in Argentina. This became possible thanks to the decree of recently elected President Javier Miley, an ardent fan of cryptocurrency. During his presidential campaign, Miley stated that Bitcoin should be legalised entirely in Argentina, which was implemented through similar decrees. In December, Argentina signed a document allowing financial contracts to be concluded in any currency, including crypto, to avoid transactions with the depreciated Argentine peso.
Argentines enthusiastically embraced this idea! The first unusual lease agreement in the country states that the tenant pays a monthly amount of USD 100, equivalent in Bitcoins, to the crypto wallet address. A local cryptocurrency exchange is used to process the payment.
By the way, Argentina has become the leader in Latin America regarding the volume of cryptocurrency transactions. Residents use digital assets to protect their income and savings from inflation.
A Wallet With One Bitcoin Did Not Reach the Moon
The idea of the BitMEX cryptocurrency exchange was beautiful and ambitious. The Peregrine space module, carrying a 43-gram crypto wallet with 1 Bitcoin (BTC), was supposed to deliver the main financial crypto asset to the surface of the Moon for the first time. The module was imprinted with text from the Bitcoin Genesis Block as a tribute to the creator of the first cryptocurrency, Satoshi Nakamoto.
However, something went wrong almost from the start. Initially, the device had difficulty maintaining its orientation towards the Sun, which was necessary to charge the on-board batteries. Then, the module was found to have a fuel leak in the propulsion system.
When it became clear that the mission would not have a happy ending, the team had no choice but to burn it in the atmosphere, along with the BTC wallet. The debris is reported to have fallen in the South Pacific area. The result of the space module’s flight was only 50,000 km from the Earth’s surface. Moreover, the average distance from our planet to the Moon is 384,000 km, meaning the device has not even travelled half the way.
The Cryptocurrency Exchange is an Official Partner of Chelsea
The legendary Chelsea Football Club game kit now has an official partner – the BingX crypto exchange with over 10 million users worldwide. It will hold that title for the remainder of the 2023–24 football season and the next two seasons in 2024–25 and 2025–26.
This is the first such integration in sports and entertainment for the crypto world. For Chelsea, this experience speaks to a desire to be involved in modern trends and innovations.
“BingX and Chelsea share a passion and commitment to investing in the future, and we look forward to working together in the coming seasons,” said Chelsea FC Chief Commercial Officer Kasper Stilsvig.
Football fans and crypto exchange users are promised exciting activities they plan to implement by creating digital content. Now, the BingX brand will be widely represented at the famous Stamford Bridge, one of the oldest stadiums in London, and the club’s training base. BingX promises to reach hundreds of millions of loyal Chelsea fans worldwide and all the football fans who follow the Premier League every season.
Gender Inequality in the Crypto Industry
Experts from the Bitget cryptocurrency exchange have drawn interesting conclusions when analysing the funding of blockchain startups over the past two years: gender inequality prevails in the crypto industry. Specific figures back this assertion. Consider this: blockchain startups have raised USD 27.85 billion over the past several years. However, women-led startups received only 6.34% of the total funding.
Furthermore, analysts observe that fundraising in this sector decreased by 70% over the past year, affecting almost half of women-led projects.
In light of these findings, experts emphasise the urgent need for incubators that can support women-founded crypto startups and foster a more inclusive and supportive environment for their development. There is a call to strive for an ecosystem where talent and potential are the sole criteria, free from gender bias.