Similar to pioneers such as Ada Lovelace, the ENIAC programmers, Evelyn Boyd Granville, and Annie Easley, women are leading a number of innovations in tech, including right here at Bitfinex! Welcome to our series highlighting the incredible women smashing glass ceilings and combating the stereotype of the cryptocurrency industry.

Notice anything different about our platform in 2021? Nicer to look at, easier to use, even more intuitive? We have our most recent Women and Blockchain guest to thank for that. In this interview, she will tell us how she pivoted from a career in engineering to developing what we like to consider the best trading platform on the market. 

What did you do before joining Bitfinex?

I have been doing programming for more than 9 years after completing my bachelor’s in Engineering. Though I majored in Electronics & Communication, I liked programming subjects the most during my graduation. So there I made up my mind to start my career with programming and that proved the right decision for me. I have worked on different technologies and domains and during the journey changed roles from embedded engineer to full stack developer to the current one as a frontend developer.

Tell us about how you entered the Crypto space and what attracted you at the start

While doing my job, I got exposure to the FinTech domain and eventually got to know about the Crypto world. I got fascinated by the idea of decentralised banking, also did not want to miss Bitcoin bull runs 🙂 I got active in crypto trading the most between 2017 to 2019 and was so involved that at one point I was thinking to be a full-time trader! Crypto and blockchain seemed to be the future technology that is going to reach and benefit millions of people.

What is your role at Bitfinex? Tell us more about your daily routine at Bitfinex

I develop frontend interfaces for different Bitfinex products to provide our users the best experience and product they would love to revisit. I work on internal as well as open-source bitfinex projects and currently lead Honey Framework frontend development. Typical day/week involves developing scalable applications, peer code review, meeting and discussion with a team, planning and helping with a new release for products.

Tell us a story or something you particularly enjoy about working at Bitfinex

Honestly, there are many things I like and not just one! The flexibility I get into planning my work, getting to work on challenging tasks, opportunities for growth and learning, its inclusive environment, talented and humble team members. Even though it’s a remote team, the work culture is the best among all the companies I have worked for so far.

Which suggestion would you give to other women looking to start a career in Crypto and/or Technology?

Go for it, give it a try! It may seem like a new challenging area, male dominant place but that shouldn’t deter you if you are passionate about it. Once you start your career, eventually you may slip into the comfort zone, I would advise just don’t do that. Keep updating your skills, it always pays back.

Thank you for your time, Bitfinex is lucky to have such a passionate trader who understands our needs!

If you think flexibility and a great team culture might be for you, you can check our current job openings at https://bitfinex.recruitee.com/

Bitfinex Pulse Content Competition

We’re pleased to announce the launch of a new competition over on Bitfinex Pulse.

From today (22nd November) until 23rd December, you could win $1,500 in Tether tokens (USDt) for any content of your choosing. It will need to be unique to Pulse and made public so anyone can see it.

$1,000 is awarded to the top four Bitfinex Pulse posts with the highest engagement (top tip, you can share the link to your post on other social media sites to hedge your bets).

The top four posts then go on to be judged by the followers of Bitfinex’s Twitter in a poll to choose the top post which then awards the winner an additional $500 USDt.

All the details can be found on our Bitfinex Pulse account: https://pulse.bitfinex.com/post/Bitfine … 2092337998

Bitfinex Trading 101—Understanding Triangle chart pattern

It’s not what you look at that matters; it’s what you see.

Henry David Thoreau may not have crypto trading in mind when he said that, but his words are relatable to the world of digital assets trading.

One of the main characteristics of a trading environment is the dynamic movement of the traded assets, which is typically represented by charts. As we learned in the previous content on the common types of charts used in crypto trading, trading charts contain invaluable information about the market. Hence, it’s crucial to know how to interpret them.

Two persons may be looking at the same chart, but only a trader knows what it means and what needs to be done. 

On Bitfinex Trading 101 Chart Pattern series, we will cover various chart patterns, how to identify them, and what they may indicate. For a start, we will talk about the Triangle chart patterns.

A triangle chart pattern is established when an asset’s market price moves into a tighter range over time. It is formed by drawing two straight lines—one line connects the high prices, the other connects the low prices—that converge in the end.

Triangle is one of the most commonly used chart patterns, and it’s pretty popular among day traders. They’re crucial for some reasons, such as highlighting diminishing volatility that may indicate specific scenarios of a forthcoming price movement and providing trading opportunities along the way as it’s taking place.

Triangle chart patterns can signal either a trend continuation or reversal, depending on the breakout that follows. Hence, it’s critical for traders to pay attention to this before taking any actions.

There are three types of triangle patterns according to the shape:

Symmetrical triangle

A symmetrical triangle pattern is formed by a series of higher lows and lower highs. It is neither bullish nor bearish as it doesn’t show a particular direction in its movement.

That said, the pattern could hint at which direction the price will go, depending on the breakout. An upward breakout is a bullish signal, meaning the price will go up, whereas a downward breakout is a bearish signal, meaning the price will go down.

Ascending triangle

An ascending triangle pattern is formed by a resistance line and a slope of higher lows. This pattern indicates the buying pressure is stronger than the selling pressure and is considered a bullish formation, in general.

When the ascending pattern is established in an uptrend, it signals a trend continuation. On the other hand, when the pattern is established in a downtrend, it signals a trend reversal.

Descending triangle

A descending triangle pattern is formed by a series of lower highs and a support line. This pattern indicates the selling pressure is stronger than the buying pressure and is considered a bearish formation, in general.

When the descending pattern is established in an uptrend, it signals a trend reversal and a trend continuation when established in a downtrend.

In the next Bitfinex Trading 101 blog series, we will talk about the Wedge chart patterns. Make sure to subscribe to Bitfinex newsletter so you won’t miss out on our educational content. You can also follow Bitfinex YouTube channel for educational content in video format.

Bitfinex Pay is a crypto payment processor that allows businesses and merchants to receive crypto payments into their Bitfinex account for products sold or services rendered.

We’re pleased to share the latest updates to Bitfinex Pay. For more on Bitfinex Pay, please refer to https://blog.bitfinex.com/category/bitfinex-pay/

End-User Redesign
Addition of a main menu to select payment option
Addition of a link to register for a Bitfinex account for guest users
Addition of a disclaimer screen with useful tips on how to make manual payments
Addition of an option for users to top up crypto funds from their Bitfinex accounts should they have insufficient crypto funds to complete the purchase
Addition of a feedback section on the payment successful screen where users can rate their experience and provide comments with suggestions and feedback
Addition of a payment failed screen
Improved the Google Authentication U2F process to mirror that of the main platform
Improved design for the verifying payment screen with the addition of a visual progress bar for blockchain confirmation
Improved design for the order expired screen
Improved user-facing errors
Improved behavior to prevent refreshing from sending the user back to the main menu
Fixed various layout issues
Fixed various translation issues
Fixed various typos

Merchant APIs
Addition of an endpoint for listing deposits that are not linked to invoices
Addition of an endpoint to mark invoices as completed

WordPress
Addition of Liquid tokens to WordPress selector

Landing Page
Updated images to match new design
Start accepting crypto payments with Bitfinex Pay today: https://pay.bitfinex.com/

The terms head and shoulders may have different meanings to different people. For traders, it could mean something significant is coming that they may need to adjust their strategy.

The head and shoulders pattern is often considered one of the most reliable and steadfast trend reversal patterns. Some traders see it as an alert of potential danger, while others use it to catch the trend reversal near the turning point. Hence, it’s crucial to spot and correctly identify the pattern when it occurs.

You can read about other trend reversal patterns, such as the Wedge pattern and the Triangle pattern, on the previous Bitfinex Trading 101 blog series.

As a trend reversal pattern, head and shoulders indicate the shift in the market trend from bullish to bearish or vice versa. There are three components in a head and shoulders pattern—the shoulders, the head, and the neckline.

There are two shoulders involved in the pattern. The first or the left shoulder is formed by an upward price movement followed by a pullback.

The price rallies again to a price higher than the previous, creating a higher peak than the left shoulder before going downward again. This movement of price creates the head of the pattern.

The following movement forms the second or the right shoulder when the price rallies again but fails to reach the previous high before seeing a decline.

Last but not least, the neckline is established by drawing a line connecting the troughs formed just before and after the head.

The above movements form three peaks on a chart, with the highest in between the lower ones and a support line.

On a side note, it’s essential to keep in mind that the head, the shoulders, and the neckline are rarely shaped perfectly or symmetrical. It’s prevalent to have minor price fluctuations between the shoulders and the head and a skewed neckline.

Another crucial remark is the head and shoulders formation ONLY completes when the price breaks through and closes below the neckline. Therefore, traders should pay close attention to this before taking any actions.

The traditional head and shoulders chart pattern signals traders to enter a bearish position after a bullish trend as a trend reversal pattern.

On the other hand, the inverse head and shoulders pattern indicates a trend change from a downtrend to an uptrend, which signals a market reversal from bearish to bullish.

Becoming a good trader is a long journey and takes lots of effort. Learning basic trading knowledge is one of the first steps any aspiring traders need to take. Stay tuned on Bitfinex Trading 101 series for more trading insight. You can sign up to Bitfinex Newsletter so you won’t miss out or follow Bitfinex YouTube channel for insightful content in video format.

ROAD TOWN, British Virgin Islands, February 23 2023 – Bitfinex Securities, a fully-regulated exchange powered by Bitfinex enabling the issuance and trading of tokenized securities including equities and bonds, today celebrated the opening of an important new regional office in Astana, Kazakhstan.

The opening of the new office in the heart of the Astana International Financial Centre (AIFC) marks a major milestone for Bitfinex Securities as it strives to promote the development of the security token industry. In addition to enabling regular and direct engagement with Astana Financial Services Authority (AFSA) regulators, the office also demonstrates Bitfinex Securities’ view of the security token industry on the future growth and development of Kazakhstan’s domestic economy.

“Bitfinex Securities was one of the first companies to register and be licensed in the AIFC (Astana International Financial Centre), which has emerged as a key financial and business hub connecting Central Asia, the Caucasus, EAEU, West China, Mongolia, the Middle East and Europe,” said Jesse Knutson, Head of Operations at Bitfinex Securities. “Due to our existing relationship with regulators in the region, and the fact that we’re registered in the AIFC, a permanent physical office here was the logical next step as Bitfinex Securities continues to expand worldwide.”

While 2022 may have represented a difficult year for some areas of the cryptocurrency industry, one area that has continued to attract growing interest over the past year is that of tokenized securities, particularly among institutional investors. A recent report from BCG and ADDX predicts the tokenization of real-world assets will become a $16.1 trillion industry by 2030, providing numerous benefits over paper-based alternatives including improved security, transparency, and cost savings.

Established in 2021, Bitfinex Securities is a 365/24/7, fully-regulated digital securities exchange which allows previously-underserved companies – and potentially entire countries – to access new sources of funding, while widening investor access to innovative financial products, including blockchain-based equities and bonds. Already a global leader in the bitcoin mining industry, Kazakhstan’s enthusiastic embrace of digital asset technology and its forward-thinking approach to regulation have made it an increasingly attractive destination for digital asset companies, including Bitfinex Securities, seeking to establish a long-term presence in the region.

“Over the past two years, we’ve developed a strong relationship with our regulator and have spent a lot of time and effort trying to be as transparent as possible,” continued Jesse Knutson, Head of Operations at Bitfinex Securities. “We’re confident that Kazakhstan and the AIFC will play an important role in the future of capital markets, and I think that in five or ten years time the AIFC could grow into an important hub for our business.”

To learn more about Bitfinex Securities please visit https://www.bitfinex.com/securities/

About Bitfinex

Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for digital currency traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market, and financed trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for professional traders and liquidity providers around the world. Visit https://bitfinex.com to learn more.

About Bitfinex Securities

Bitfinex Securities Ltd. offers traders and issuers a regulated, efficient and global solution to raise capital through tokenized company shares and have them publicly admitted to trading.

Media contact for Bitfinex

press@bitfinex.com

Ether Locked for Staking Reaches All-Time High
Despite fears that Ethereum’s Shapella upgrade would cause a massive sell-off as staked coins became accessible for the first time since prior to the Merge, staked ETH has reached a new All-Time High. It seems the ability to withdraw has reassured investors who sat on the sidelines during the initial staking rush, and they are now comfortable staking their Ether.

Ethereum’s Shapella Upgrade was a Success
Last month in April, Ethereum implemented its Shapella upgrade, which added several improvements to the protocol. Shapella is an amalgamation of the names of the Shanghai and Capella upgrades, which were enacted at the same time. Shanghai was a set of improvement’s to Ethereum’s execution layer, while Capella added fixes to Ethereum’s consensus layer.

Among the improvements was the ability to unstake and withdrawal previously staked Ether, which had been locked and inaccessible to Ethereum stakers, for months in the prior run up to the Merge, when Ethereum switch from a Proof of Work (PoW) consensus to Proof of Stake (PoS).

Check out our article about the Shapella upgrade to learn more.

Some Investors Feared a Shapella Selloff
In anticipation of the consensus switch, many exchanges and staking pools allowed Ether holders to stake their tokens, before the Merge took place. Staking officially went live on December 1st 2020, and some users have patiently waited years until Shapella was activated on the Ethereum mainnet, to access staked ETH and the corresponding earned rewards.

Users were able to stake and earn staking rewards ahead of the Merge, although the caveat was that both the original staked Ether, as well as the earned staking rewards, would be caught in limbo at least until the Shanghai upgrade, which was still quite a ways off, at the time the Ether was staked.

This meant that last month’s Shapella upgrade would give everyone access to their staked ETH at once, causing fears of a massive ETH selloff that could have potentially crashed the Ethereum market. Before the Shapella upgrade, Ethereum users had staked about 14 percent of Ethereum’s total supply of ETH, or around 16 million coins, with some estimates as high as 18 million Ether.

Immediately after Shapella, all staking rewards accrued for the last two years were immediately available to ETH stakers. This amounted to roughly around one percent of the total supply of Ether, or an estimated one million ETH.

Along with those coins, users had the option to withdraw their 32 originally staked Ethereum, but there was a bottleneck in the network’s ability to process withdrawal requests, so it was predicted to possibly take weeks or even months, hopefully limiting the impact on downward price pressure, to an extent.

The Feared Selloff was Milder than Anticipated
In the days around Shapella and immediately after, Ether’s price continued to rise, hitting a high of $2,120 four days after, on April 16th. Despite the excitement and the initial pump, there was a considerable backlog for withdrawals with a two week wait for both full and partial withdrawals.

Coindesk reported that around a 1000 validators immediately exited and processed full withdrawals within 24 hours of Shapella, with another 17,000 validators waiting on requests to be processed. Validators processing full withdrawals and exiting the beacon chain made up only around four percent of the 567,000 validators at the time. The impact to on-chain security was minimal.

While ETH prices have been on the decline since the April 16th high of $2,120, it has not been the massive selloff predicted in the days before the ability to unstake and withdraw Ether went into play with the upgrade. ETH currently sits at $1,771, it certainly hasn’t been the crash many feared.

An interesting thing to note, it seems that after withdrawing, some node operators began restaking just days after. It’s not clear how many of the original nodes which left the network after Shapella have restaked, but there has been a marked increase in staking.

The total impact of Shapella’s unlocking of staked ETH has been minimal on ETH prices.  Ethereum users appear to have taken some profits and enjoyed some of their rewards, but staking has also seen a large wave of growth as the amount of Ether locked has reached record levels.

The amount of Ethereum locked has reached 19,321,757 ETH. This sum includes ETH considered “out of circulation”, a label referring to ETH staked on the Beacon chain, ETH that’s been deposited to the Beacon contract which is not yet validating, and Ether which has been rewarded on the Beacon chain.

The amount of locked Ether is a metric which is somewhat analogous to the hash rate in a PoW blockchain. It’s incredibly bullish to see this metric increasing as it means that the Ethereum blockchain becomes more secure and shows that Ethereum holders are confident in their ability to park value in staking and passively accrue rewards, regardless of withdrawals being live, or of Ether price.

With Shapella smoothly enabled, Ethereum developers have not slowed their pace in planning the next upgrade. Currently known by the clunky name “Dencun”, which like Shapella, combines the names of two upgrades, Deneb and Cancun.

This new Ethereum upgrade will enable “Proto Dank Sharding” an improvement for scaling Ethereum and which could lower fees on layer two Zk Rollups. Dencub would add the improvements set forth in Ethereum Improvement Proposals  (EIPs) 4844, 6780, 6475 and 1153.

A Look at Bitcoin Circular Economies Around the World
From its humble beginnings, the mission and purpose of Bitcoin as a peer-to-peer payments technology and an inviolable form of money that cannot be manipulated or inflated, has inspired small communities to whole cities to create Bitcoin circular economies. Lugano’s Plan ₿ and Bitcoin Beach are the most well known Bitcoin circular economies and have inspired many other similar efforts around the world. Even before these initiatives however, there has been a rich history of people trying to use Bitcoin as money at a grassroots-level. Let’s take a look.

Lazlo Proved BTC Could be Used as Money in Real Life
With Bitcoin Pizza Day right around the corner on the 22nd of May, it seems fitting to start this article off by mentioning Lazlo Hanyecz, and his historic first purchase with 10,000 Bitcoin and the fabled two Papa John’s pizzas.

Lazlo made the first ever real world transaction with Bitcoin, which many Bitcoiners at the time saw as the much needed official coronation of its status as a true new form of money. Ever since then, Bitcoiners, many of them guided by the cypherpunk vision of building a parallel free and accessible market, have tried creating grass-roots driven Bitcoin economies in diverse locations around the globe.

Lugano’s Plan ₿ and Bitcoin Beach in El Salvador have by far been the most successful and most widely known Bitcoin circular economies, but they are not the first. There have been quite a few attempts prior and it is an interesting piece of Bitcoin history to take a look at.

Many of the first attempts at building Bitcoin circular economies started out small. A few like-minded Bitcoiners inspired their local bar or coffee shop and a few other merchants in their local communities to begin accepting Bitcoin, some employees began opting to be paid in Bitcoin. Maybe they even had a Bitcoin ATM. It started out from humble beginnings.

Within a little more than a decade however, there are now many different communities with significant local merchant adoption, who accept Bitcoin and Lightning Network as payments.

A Walk Down Memory Lane: Early Circular Economy Efforts
Room 77
Room 77 was an early Bitcoiner hang out in Berlin, Germany, which was a bar that had good food and gained fame in the early days of Bitcoin as “the first brick and mortar business to accept Bitcoin in the world”. Room 77 began accepting Bitcoin as a method of payment as early as 2011. One of the regulars also produced the first-ever Bitcoin Android mobile wallet. The cypherpunks that frequented Room 77 also made an effort to onboard various merchants in the surrounding area. Sadly, Room 77 is no longer open.

Paralelní Polis
Paralelní Polis is a nonprofit organisation and educational space which takes its inspiration from the political philosophy of Vaclac Benda, a Czech Mathematician who resisted communism. Paralelní Polis has been around since 2014. It has a famous “crypto-only” coffee shop, coworking space, hosts an institute of cryptoanarchy, and regularly hosts educational events and talks about Bitcoin, crypto, cryptoanarchy, encryption, activism and related topics.

Bitcoin City
Arnhem is a city in the Netherlands that’s known as “the world’s most Bitcoin-friendly city”. In 2014 a few local Bitcoiners began an effort to onboard the merchants of Arnhem to accept Bitcoin. The project launched with 15 local businesses and has only continued to grow. You can now buy a wide range of products and services with Bitcoin and Lightning Network at a lot of local businesses.

Bitcoin Valley
The Bitcoin Valley in Rovereto, Italy, is the name given to a project created by Marco Amadori and InBitcoin. Since 2015, Bitcoiners in the Italian village of Rovereto have onboarded a significant number of local merchants, bar owners, hoteliers, property owners, to accept Bitcoin for goods and services and even rent. For a time they even convinced the local government, which accepted Bitcoin for taxes. In Rovereto it is possible to get by spending only Bitcoin.

The Importance of Bitcoin Beach
While early attempts at creating Bitcoin circular economies were definitely successful, none of them managed to quite capture the world’s attention in the same way as Bitcoin Beach, in El Zonte, El Salvador. Bitcoin Beach began in 2019, when local community members and Mike Peterson began raising donations in BTC for a circular Bitcoin economy project in a small surfing village on El Salvador’s Pacific coast.

The project quickly caught the attention of the Salvadoran President Nayib Bukele, and became the inspiration for his historic Bitcoin legal tender law, the government’s Bitcoin office, and the new economic system being built on Bitcoin in El Salvador. Bitcoin Beach was in the spotlight and became world famous overnight. Now, it’s arguably the world’s most popular tourist destination for Bitcoiners.

Bitcoin Beach currently boasts more than a hundred businesses that accept Bitcoin, some locals earn in Bitcoin and Bitcoiners from all over the world come to enjoy the beautiful beaches and spend their Satoshis. Bitcoin Beach’s wild success both domestically and internationally has inspired similar projects around the world. Thanks to Bitcoin Beach’s Bitcoin circular economy whitepaper, they have open sourced the blueprint, and shown anyone how to follow in their footsteps.

Plan ₿, Lugano
In March 2022, the City of Lugano in Switzerland, succeeded Bitcoin Beach to become the most successful introduction of a Bitcoin circular economy with the launch of Plan ₿. The brainchild of Tether, the company behind USDt, the world’s largest stablecoin, and the City of Lugano, it is an impressive initiative to integrate Bitcoin, Lightning Network, Tether, and Lugano’s own LVGA token into every facet of daily life.

The fact that it has been embraced by the city government demonstrates just how far-sighted the local administration has been in understanding the benefits of integrating Bitcoin into the economy. Lugano is described by Switzerland Tourism as Switzerland’s third most important financial centre and an important conference, banking and business centre. With the launch of Plan ₿, it now has an additional dimension, attracting Bitcoiners from around the world.

It is setting up a CHF100m investment pool for startups to develop blockchain and Bitcoin technology as well as to promote the relocation of existing businesses to bring expertise, know-how and people to Lugano. It also plans a 3m CHF investment fund to develop tools and solutions to help local businesses integrate Bitcoin, Tether and LVGA payments.

Plan ₿ has also collaborated with three universities and is offering over 500 grants to students who want to upskill and learn about blockchain and Bitcoin technologies in its Blockchain for Business initiative, and every year hosts a summer school for anyone who wants to learn about Bitcoin and peer-to-peer technologies and their ability to bring financial freedom and freedom of speech.

A huge network of merchants that is continually growing now accepts payments in Bitcoin, Tether or LVGA, and all public services including city taxes can be paid in crypto. Plan ₿ has even committed to supporting sustainable Bitcoin mining.

Bitcoin Communities That Have Been Inspired by Plan ₿ and Bitcoin Beach
Bitcoin Ekasi
Bitcoin Ekasi is a Bitcoin community and circular economy project started by the non-profit Surfer Kids, a community aid project which teaches surfing to kids in Mossel Bay, South Africa. Bitcoin Ekasi has onboarded several merchants in the local community and even pays some of the surfing instructors’ wages in BTC. Inspired by Bitcoin Beach in El Zonte, Bitcoin Ekasi has become the first Bitcoin community and local economy project in Africa.

Bitcoin Jungle
Bitcoin Jungle, also inspired by Bitcoin Beach, is Costa Rica’s grass roots Bitcoin community and circular economy project. Bitcoin Jungle provides Bitcoin education, resources & technology to the local community, onboards local businesses to accept BTC and provides services and assistance to visiting Bitcoiners. They even have their own fork of Galoy’s Bitcoin Beach wallet, specifically geared towards Costa Rica, called the Bitcoin Jungle wallet.

Bitcoin Lake
Bitcoin Lake is yet another project which takes its inspiration from Bitcoin Beach. Bitcoin Lake is located in Panajachel, Guatemala on the shores of Lake Atitlán. Like similar projects, Bitcoin Lake focuses on onboarding merchants, offering education and spearheading Bitcoin focused initiatives. Bitcoin Lake also uses waste energy to mine Bitcoin which will be distributed to the community.

Praia Bitcoin
Praia Bitcoin is another Bitcoin Beach, this one located in Brazil’s coastal village of Jericoacoara, and takes its inspiration from the original. Praia Brazil has pioneered the local use of Bolt Lightning Network NFC payment cards, which children in the community use to purchase fruits and vegetables. Praia Bitcoin also pays out grants in Bitcoin to community members, works with local schools to provide Bitcoin education, and onboards merchants.

Montanha Bitcoin
Montanha Bitcoin is located in São Thomé das Letras, Brazil. It’s a newer Bitcoin circular economy project but they’re off to a great start working with local schools to provide Bitcoin education. They’re also working to implement a similar project as Praia Bitcoin, using Lightning Network, Bolt cards, and distributing Satoshis to children so they can buy fruit from local vendors who accept Bitcoin.

Harlem Bitcoin
Harlem Bitcoin is a decentralised Bitcoin community located in Harlem, in New York city. Harlem Bitcoin organises regular Bitcoin-only meetups, provides Bitcoin education and educational resources, and is working to create a local Bitcoin circular economy, by onboarding local merchants. 

It is inspiring to see so many Bitcoin projects and initiatives sprouting up around the world. It only bodes well for further adoption. If you know of other Bitcoin initiatives, let us know.