A substantial portion of the world’s trade is done in United States dollars, creating problems for businesses in countries with a dollar shortage. Blockchain startup XREX was launched to help cross-border businesses in emerging markets perform faster transactions with products like a payment escrow service and crypto-fiat exchange platform. The Taipei-headquartered company announced today it has […]
ビットコインを法定通貨に採用するエルサルヴァドル。その戦略は奇策か福音か
中米のエルサルヴァドルの議会が2021年6月、ビットコインを法定通貨として採用する法案を可決した。大統領である39歳のナジブ・ブケレのアイデアは世界中のビットコイン支持者たちに熱狂を巻き起こしたが、これは果たして「政治的なショー」であり奇策にすぎないのか。それとも、ほかの国々の先駆けとなり、銀行口座をもたない多くのエルサルヴァドル国民にとっての福音になるのか。
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OnlyFans’ porn ban is crypto’s opportunity of a lifetime
Today, OnlyFans dropped the massive bombshell that it will be banning “sexually explicit content” from the app later this year. This is obviously a wildly seismic shift for OnlyFans, which completely disrupted the adult content industry and gave performers a path toward greater independence by allowing them to connect directly with their fans via subscriptions. This […]
Crypto world shows signs of being rather bullish
Bitcoin maximalists aren’t going to find much here that underscores their core thesis that every coin not mentioned in Satoshi’s whitepaper is, in fact, a scam. Save your tweets, please.
Twitter taps crypto developer to lead ‘bluesky’ decentralized social network effort
Twitter’s ambitious upstart decentralized social media working group “bluesky” took an important step Monday as the social media company appointed a formal project lead who will direct how the protocol develops moving forward. Crypto developer Jay Graber was tapped by Twitter to helm the initiative, which the company hopes will eventually create a decentralized social […]
Regulating crypto is essential to ensuring its global legitimacy
We must eventually find a halfway point between those with valid concerns about the anonymity crypto assets provide and those who see regulation as prohibitively restrictive on crypto.
Hacker is returning $600M in crypto, claiming theft was just “for fun”
Hacker was holding onto the stolen funds to “keep it safe.”
Coinbase crushes Q2 expectations, notes Q3 trading volume is trending lower
After the bell today, Coinbase reported another period of impressive results in its second quarter earnings report. During the quarter, Coinbase’s total revenue reached $2.23 billion, which helped the company generate net income of $1.61 billion in the three-month period. The company benefited from a one-time line item worth $737.5 million, which stemmed from what […]
Crypto community slams ‘disastrous’ new amendment to Biden’s big infrastructure bill
Biden’s major bipartisan infrastructure plan struck a rare chord of cooperation between Republicans and Democrats, but changes it proposes to cryptocurrency regulation are tripping up the bill. The administration intends to pay for $28 billion of its planned infrastructure spending by tightening tax compliance within the historically under-regulated arena of digital currency. That’s why cryptocurrency […]
Cent, the platform that Jack Dorsey used to sell his first tweet as an NFT, raises $3M
Cent was founded in 2017 as an ad-free creator network that allows users to offer each other crypto rewards for good posts and comments — it’s like gifting awards on Reddit, but with Ethereum. But in late 2020, Cent’s small, San Fransisco-based team created Valuables, an NFT market for tweets, and by March, the small […]