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PayPal has become an episode of Black Mirror: Elon Musk
PayPal's former leadership, also known as the "PayPal Mafia," have slammed the payments giant for its debanking policies of late, with one co-founder calling the freezing of funds “totalitarian,” while another compared it to an episode of Black Mirror.Despite becoming crypto-friendly in recent years, the payments tech giant has caught a lot of headlines and pushback over…
South Korean Co-Working Space Operator SparkPlus Turns to Blockchain
Seoul-based co-working space operator SparkPlus has partnered with blockchain funding platform Kasa Korea, according to a Dec. 17 report from The Investor.The partnership will aim to innovate the city’s sharing economy by means of a decentralized platform that reduces the barriers to entering the real estate market by promoting collective and indirect fundraising.Tokenizing real estateAccording…
Trezor wallet enables Bitcoin privacy feature with CoinJoin
Cryptocurrency hardware wallet firm Trezor is expanding the privacy of Bitcoin (BTC) transactions through collaboration with the privacy-focused Wasabi Wallet.Trezor has rolled out the privacy-enabling CoinJoin feature on its hardware wallets, allowing users to enhance the privacy and security of Bitcoin transactions.In the announcement on April 19, Trezor noted that the new function is immediately…
Inside the World Economic Forum: Circle, Ripple reflect on Davos 2023
Key figures from the wider cryptocurrency space painted a picture of increased dialogue and collaboration at the World Economic Forum Annual Meeting in Davos.Cryptocurrencies and blockchain technology remained but a small part of the projects and initiatives discussed and workshopped at the annual WEF conference high in the Swiss Alps. However, an increased number of…
Central Bank of Nigeria: eNaira no threat to financial stability
Nigeria's central bank issued a press release in response to “news items on some media platforms,” suggesting that the eNaira threatens Nigeria’s financial stability. 350 Total views 1 Total shares The Central Bank of Nigeria (CBN) had to publicly insist that their project, one of the world’s first operating central bank digital currencies (CBDC), doesn’t
BitMEX, Binance Top Exchange Open Interest in New BTC Futures Rankings
BitMEX firmly leads the market when it comes to Bitcoin futures OI, with Binance in second place, according to new data from Bybit. 887 Total views 28 Total shares Derivatives giant BitMEX and cryptocurrency exchange Binance are the Bitcoin (BTC) industry’s biggest — when ranked by open interest (OI).According to updated rankings from exchange Bybit,…
Bithumb Hong Kong subsidiaries reportedly face civil suit from Thai partner
A Thai firm claims that Bithumb’s Hong Kong subsidiaries caused it serious damage by unilaterally halting its business in Thailand. 129 Total views 1 Total shares Bithumb’s Hong Kong affiliates are reportedly facing a civil suit for breach of contract.According to a Tuesday report by the Korea Times, the suit is being initiated by a…
Congressional Crypto Roundtable: Panel Discusses Token Classification and Compliance for ICOs
More than 45 representatives from major Wall Street firms and crypto companies took part in a meeting to discuss Initial Coin Offering (ICO) and cryptocurrency regulations in Washington D.C. September 25.The “crypto roundtable,” hosted by Congressman Warren Davidson in the last legislative session week before elections, gave a chance for industry representatives to express their…