Artist Pascal Boyart adorns his street art with QR codes, and has so far earned some BTC in sponsorship. The main cryptocurrency in the Bitcoin market adds its presence in street art.
Artistic mural raises Bitcoin
Artist Pascal Boyart recently painted a mural in Paris called “Confessions of a Red Jester.” A modern interpretation of Jan Matejko’s 1862 painting “Stańczyk”.
In Boyart’s interpretation, the titular jester is surrounded by fiat bills on the floor and has what appears to be a tablet on the table next to him. Boyart has described that painting is as much about fiat money as it is about quantitative easing.
There is another unique element: A large QR code in the lower left corner. Along with a spray-painted Bitcoin logo and wallet address below.
The QR code allows anyone who scans it to donate Bitcoin directly to Boyart without any intermediary. All this points to Bitcoin adding its presence in street art.
Boyart tweeted that he has so far received 0.0514 BTC. Since he first revealed the artwork five days ago, or just under $ 500 to date.
Michael Novogratz admits to having more gold than Bitcoin
Michael Novogratz, one of the world’s largest Bitcoin (BTC) bulls, does not recommend investors to put most of their funds in Bitcoin.
Although Novogratz is confident that Bitcoin “outperforms” the precious metal. It is still safer to buy more gold than Bitcoin due to the highly volatile nature of the cryptocurrency.
“I have a feeling that Bitcoin far outweighs gold, but I would tell people to have a lot less Bitcoin than gold, just because of volatility.” Novogratz said during CNBC Fast Money on July 8.
Binance CEO to support Coinbase IPO
Changpeng Zhao, CEO of Binance, the world’s leading cryptocurrency exchange, expressed that he would support the IPO that competing exchange Coinbase plans later this year.
Coinbase plans to launch its own IPO by the end of 2020 or the beginning of 2021. This would ensure the exchange valued at $ 8 billion, access to a new stream of resources to continue investing in its development.
In a few lines
- Blockchain analytics and tracking provider Whale Alert revealed today in its report ‘Chasing Crypto Criminals’. Who have detected the theft of USD 38 million in Bitcoin by scammers in the last 4 years in the crypto community.
- The personal data of more than a million Russian citizens were leaked. This data allegedly belongs to some of the citizens who participated in the recent blockchain-based electronic vote on constitutional amendments.
- Although Bitcoin’s (BTC) correlation with gold has declined, the asset’s correlation with the S&P 500 stock market index is on the rise, researchers at the Kraken exchange found.
The Fintech Airtm company has released the results of its humanitarian program aimed at Venezuela in 2019 called ‘Airdrop Venezuela’. In which they indicate that more than half of the users who received the aid have made use of the funds received
According to the company, 57% of the benefited users, interacted with their funds. In contrast to 26.5% who have not interacted with their Airtm wallet since they verified their identity to be part of the program.