TheNews

Cryptocurrencies are trending lower for a second straight day, as sentiment was damped by some dismal predictions regarding the future for the top cryptocurrency, Bitcoin. Here is a wrap of the main news from the cryptocurrency and blockchain space over the past 24 hours.



Start-ups BlueFrontiers and Seasteading Institute, in partnership with French Polynesia, is creating floating islands with own government and cryptocurrency, supporting off-shore housing. A number of philanthropists, academics and investors are behind the $50 million Floating Island Project pilot program. The first independent floating island is expected to launch in the Pacific Ocean in 2022. It will operate outside of government regulations and will use Vayron cryptocurrency.

Crypterium, the world's first mobile crypto bank, appointed the former chief of the credit card giant VISA's UK and Ireland division, Marc O'Brien, as its Chief Executive Officer. He was also a long time advisor to MasterCard.

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