“Bitcoin City” set to recieve 21 million visitors a year

Launched in Ljubljana, Slovenia “Bitcoin City” is a entertainment and shopping center of over 4,000 businesses unified with a common crypto-payment platform
06 June 2018   1575

Sadly, real-world usecases for cryptocurrency have been lacking, or at least far behind the online implementations. The new pilot site called “Bitcoin City” aims to prove once and for all, that cryptocurrencies can be used in a large-scale business and entertainment applications.

The site is located in Ljubljana, Slovenia and is a commerce complex with a waterpark, a cineplex, a casino, hotels, more than 70 bars and restaurants and shopping for over 10,000 brands of clothes and goods. All this business and entertainment opportunities crammed into one big complex is a perfect place to test mainstream crypto adoption. It's estimated, that annual visitor count will exceed 21 million with more than 4,000 businesses gathered under one roof.

The whole project is powered by an AI- and blockchain-based cognitive commerce platform Eligma. The Slovenian AI developers has created a blockchain payment solution EliPay and now are testing it at the “Bitcoin City”. As part of the whole process, vendors will be equipped with EliPay cryptocurrency transaction terminals, and customers will be able to use a mobile app, for now for iOS, with a release on Android in near future. Right now the app supports Bitcoin and Bitcoin Cash, with more cryptocurrencies coming along. Also, the app will be part of a unified loyalty program for the whole “Bitcoin City”.

Bittrex to Go For Maintenance After 1/3 Funds Moved

Users suspects hack, but exchange says "funds are safe"
05 December 2019   94

The Bittrex cryptocurrency exchange has announced scheduled maintenance today, December 5, from 22:00 to 23:00 (GMT). On the eve, a third of its assets were transferred to an unknown wallet.

During maintenance, users will not be able to log into the system or use the APIs. Trading will be suspended.

On December the 4th, populat Twitter account posted that "43,564 #BTC (313,074,134 USD) transferred from Bittrex to unknown wallet." Users suspected that the exchange was hacked, but the exchange . 

Closures for scheduled maintenance only heightened suspicion. However, the Bittrex team assures that "that claim is false."