biCredit dispatch:Mayweather used the boxing match to promote cryptocurrency

biCredit
2 min readJun 10, 2021

According to LiveBitcoinNews, legendary boxer Floyd Mayweather is using his upcoming boxing match with YouTube star Logan Paul to boost the popularity of cryptocurrencies.

Coinbase:users in more states can use bitcoin as collateral to borrow cash

Cryptocurrency exchange Coinbase has increased the number of states where it can borrow cash using bitcoin as collateral, according to officials.

According to Cointelegraph, Blockchair’s data shows that the message with El Salvador Daily’s front-page headline “ asamblea aprueba la ley bitcoin” on June 9, that El Salvador’s Congress accepts Bitcoin as legal currency, was written into Bitcoin Block 686938.

Square has launched a $5 million Bitcoin fund to promote crypto inclusion

Payment giant Square announced on Wednesday that it will make a $5 million grant through a newly created “Bitcoin Endowment Fund,” which will distribute $5 million quarterly on a rolling basis over the next several years. The Bitcoin endowment is part of a larger plan by Square to donate $100 million to promote financial inclusion and improve minority communities’ access to encryption and other technologies. The plan also includes led to Netflix black economic development fund provides grants of $25 million, as well as the coloured entrepreneur fund provides grants of $10 million.

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