• The Pavilion becomes the world’s first hospitality franchise to accept cryptocurrencies

 

The hospitality industry is warming up to cryptocurrencies with its first luxury franchise offering crypto transactions to make bookings. The Pavilions Hotels & Resorts has adopted crypto, elevating the experience of modern luxury. Bookings are available via Bitcoin, Ethereum, and over 40 different digital currencies.

  • EY publishes an Ethereum scaling solution to the public domain

 

Global auditing giant Ernst & Young has released the third iteration of its zero-knowledge proof Ethereum scaling solution. Ernest & Young’s (EY’s) attempts to promote secure and private transactions over public blockchains at cheaper costs has culminated in the release of Nightfall 3.

  • Ukrainian banks plans to offer Bitcoin trading in July

 

Monobank is seeking approval from the National Ukrainian Banks to launch its Bitcoin debit card later this month. Ukrainian banks plans to offer Bitcoin trading. As the Ukrainian government progresses with cryptocurrency-related legislation, a major local Ukrainian banks is preparing to launch a debit card featuring Bitcoin (BTC) trading. 

India will soon Bitcoin regulate as an assets

  • SNX hits multi-week highs as total value locked on Synthetix approaches $1 billion

 

Synthetix (SNX) spiked to its three-week high on Monday in reaction to a market-wide upside correction led by Bitcoin (BTC) and other top-cap digital assets. The Synthetix project’s native token reached $9.59 after rising four days in a row by up to 50%. That included a sharp 18.29% upswing in the previous daily session, sparked by Bitcoin’s climb above its key resistance level of $35,000.

  • Ethereum Classic price has nearly doubled days after Digital Currency Group’s $50M bet

 

The gains also appear amid an overall crypto market recovery following Bitcoin’s sharp rebound from $30,000 support. Ethereum Classic (ETC) reached its highest level in almost three weeks Wednesday, buoyed by Barry Silbert-backed Digital Currency Group’s $50-million investment and by an overall cryptocurrency market recovery led by Bitcoin (BTC).