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The Sand Dollar state-backed cryptocurrency is now available to each of Bahamas nearly 400,000 inhabitants, Finance Magnates reported.The initiatives website noted that the digital currencys transaction fees are minimal, as noted by the outlet. For its part, the Sand Dollar was rolled out with the help of decentralized, wireless payments system NZIA, which served as the technology solutions provider for the cryptocurrencys launch.The cryptocurrency, which can be mailed and received through a mobile phone app, is meant to foster financial inclusion across a region composed of over 700 islands. The news comes as the Eastern Caribbean Central Bank ECCB rolled out its own cryptocurrency initiative in 2019.In other news, J.P. Morgan said the possible long-term upside for bitcoin is considerable if it competes with gold more strongly as an alternative currency, Cointelegraph reported. However, the bank said, Mechanically, the market cap of bitcoin <a href=https://www.stanleycups.co.nz>stanley mug would have to rise 10 times from here to match the total private sector investment in gold via ETFs or bars and coins stanley tumblers . The outlet noted that bitcoin is still in an ea stanley cup nz rly phase when it comes to widespread adoption, build out and technology. A minimum of $2.6 trillion is reportedly kept in gold bars and exchange-traded ETF funds.And, Silvergate Bank landed $586 million in new deposits from people and companies in the digital currency space in the third quarter of 2020, CoinDesk reported, citing an earnings report published prior to t Guuo Accounts Receivable Looks Inward To Combat Late B2B Payments
Things appeared to be going alright for drone startup Lily Robotics up until recently.In December, reports suggested Snapchat was eyeing the drone startup as a possible acquisition as part of its search to build out its wearable camera, augmented reality and virtual reality application offerings. Lily was considered to help solve Snapchats selfie problem, with Snapchat trying to id <a href=https://www.stanleycup.com.de>stanley kaufen entify ways for consumers to take hands-free selfies. The drone startup said last month it was performing final calibration checks on its selfie-taking drone, which was due to ship in February.Yesterday Jan. 12 , Lily Robotics sent an email to its customers saying it was shutting down after failing to secure the necessary funding to manufacture and ship its product.In late 2015, Lily closed $14 stanley cup million in funding from a number of investors including Spark Capital and Winklevoss Capital. The drone startup had recently been seeking an additional $15 million in funding to stay afloat. We have been racing against a clock of ever-diminishing funds, founders and former UC Berkeley engineering students Antoine Balaresque and Henry Barlow wrote to their customers. Over the past few months, we have tried to secure financing in order stanley us to unlock our manufacturing line and ship our first units but have been unable to do this. Lily began to take pre-orders for its drone back in May 2014. This time last year, Lilys founders had said the company had received pre-orders for 60,000 units, totaling $34 million. Fun