In a recent update from Tappy, the Colorado House of Prayer plans to purchase its $2.5 million Chapel, the Old Stone Church, using blockchain technology. To facilitate this, they have created a digital token called Stone Coin to raise funds for the acquisition. This initiative could potentially mark the first tokenized church property globally, inviting more investors to participate in the project.
In another significant development, Dubai’s Court of First Instance has recognized crypto salary payments as valid under employment contracts, marking a positive step for cryptocurrency integration in the UAE’s labor market. This recognition could further enhance the crypto processing cycle in the region.
On a more alarming note, prominent crypto investigator Zack XBT has revealed a group of North Korean developers operating under fictitious identities, secretly working on various crypto projects. These developers are reportedly generating substantial incomes, earning up to $500,000 a month, and have been linked to a recent theft of $1.3 million, highlighting North Korea’s deepening involvement in the cryptocurrency space. Tappy encourages viewers to like and subscribe for more updates on the evolving world of cryptocurrency.
