The post BlockchainReporter Weekly Crypto News Review: Monuments, Partnerships, and Innovations appeared on BitcoinEthereumNews.com.

As the crypto landscape continues to evolve, this week brought several pivotal developments that underscore blockchain’s growing influence across finance. From the unveiling of a Satoshi Nakamoto statue in Lugano to Coinbase’s groundbreaking partnership with the Canadian Football League, blockchain is reaching new and unexpected spheres. Meanwhile, BlackRock’s substantial Bitcoin acquisition and Flare’s launch of cloud-based node deployment tools reflect an increasing institutional appetite for cryptocurrency infrastructure. Chainlink’s introduction of new privacy tools signals the industry’s ongoing efforts to meet the compliance and privacy needs of large-scale blockchain adoption. This week. at the 3rd Annual Plan ₿ Forum in Lugano, a life-sized statue of Bitcoin’s creator, Satoshi Nakamoto, was unveiled in front of Villa Ciani. This initiative is a collaboration between Tether and the City of Lugano, aimed to promote Bitcoin and blockchain technology. Created by artist Valentina Picozzi, the statue is part of Lugano’s effort to educate the public on Bitcoin’s influence on finance. The statue, designed to reflect Nakamoto’s mystery and innovation, subtly fades from view depending on the observer’s perspective, symbolizing Nakamoto’s choice to remain anonymous after launching Bitcoin. Mayor Michele Foletti noted Lugano’s commitment to becoming a digital hub, while Tether’s CEO, Paolo Ardoino, highlighted the statue as a reminder of Bitcoin’s impact on financial freedom and innovation. Coinbase Becomes First Crypto Partner of Canadian Football League In another noteworthy development this week, Coinbase announced its historic partnership with the Canadian Football League (CFL). This marks the first time a major Canadian sports league has joined forces with a crypto exchange. As the first international exchange to establish a stronghold in Canada, Coinbase views this collaboration as a strategic move to broaden its presence within a market of over five million crypto holders. According to Coinbase Canada’s CEO, Lucas Matheson, the partnership aims to deepen Canadians’…

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Filed under: News - @ October 27, 2024 4:20 pm