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Tether Leads Crypto Mobile App Oobit’s $25 Million Series A Funding
5.2.2024
Tether announced today that it led a $25 million Series A funding round for crypto mobile payments app Oobit. Crypto’s biggest stablecoin issuer said the funding will contribute to Oobit’s ongoing development. The mobile app enables users to tap and pay for goods and services with their...
12% of El Salvador’s Population Used Bitcoin for Goods and Services in 2023: Survey
17.1.2024
According to the annual survey conducted by José Simeón Cañas Central American University in El Salvador, 12% of the local population used Bitcoin (BTC) at least once to pay for goods and services in 2023. The survey, conducted in December 2023 with 1,280 respondents interviewed...
Economist Peter Schiff: Complete Separation of US-China Economies Would Be ‘a Disaster for America’
12.11.2023
Economist Peter Schiff has warned that a complete separation of the Chinese and U.S. economies would be “a disaster for America, but a boon for China.” He explained: “Americans would be stuck with fewer goods and higher prices, while the Chinese would be rewarded with more goods and lower...
Powell: More Rate Hikes May Be Needed to Curb Inflation
25.8.2023
The chairman of the U.S. Federal Reserve, Jerome Powell, warned on Friday that inflation remains too high and signaled the central bank may continue raising interest rates to get it under control. In remarks at the Jackson Hole symposium, Powell acknowledged recent progress in lowering inflation...
Egypt Struggles With Skyrocketing Inflation and Depreciating Currency, While Bitcoin Nears Record High in the Country
11.7.2023
According to the Egyptian Statistics Bureau, Egypt’s annual inflation rate hit 36.8% in June, a staggering 33.7% increase from May’s inflation rate, breaking records. Egypt, the world’s 14th most populous country, grapples with soaring prices for goods and services across...
Open-source advocates launch OP Stack testnet to fund public goods
7.7.2023
The Public Goods Network from Gitcoin promises to redirect most net sequencer fees into public goods, instead of giving them to token holders or developers
Tears Of The Kingdom Glitch Lets Link Double-Jump Infinitely
15.6.2023
A newly discovered The Legend of Zelda: Tears of the Kingdom glitch allows Link to endlessly double-jump his way to victory, using the Fuse ability to its most natural end. Read more
Kenyan President William Ruto Urges African Countries to Commence Process to Ditch the Dollar
1.6.2023
Kenyan President William Ruto recently urged his counterparts on the African continent to kickstart the process of ditching the U.S. dollar and replacing it with a pan-African settlement system. Ruto said the Pan-African Payments and Settlement System (PAPSS) allows business people to focus...
Namada, Osmosis to Co-fuse Blockchain to Fund Public Goods
23.5.2023
Privacy-focused blockchain firm Namada is seeking to partner with Osmosis to fund software “public goods” and airdrop its planned NAM token to OSMO investors.
In a recent blog post, Namada co-founder Christopher Goes revealed that he has proposed a partnership with Cosmos-based Osmosis that would...
Iran Sets Up Platform to Facilitate Crypto Payments for Imports
3.5.2023
Authorities in Iran are taking steps to make crypto payments easier for companies importing goods in the sanctioned country. A dedicated platform has been established to allow local businesses to transfer cryptocurrency for the purpose of cross-border settlements. Iran to Use Cryptocurrencies...
UNICEF's Foray into Crypto: Agency Tests Prototype DAO for Digital Public Goods
31.3.2023
UNICEF, a United Nations agency focused on humanitarian aid and relief to children, is further venturing into the cryptosphere with its ongoing work related to a decentralized autonomous organization (DAO) prototype.
"Right now, we're building a DAO prototype to fairly distribute power...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Ahead of Big Week of Economic Data
27.2.2023
Bitcoin consolidated below the $24,000 level on Feb. 27, as cryptocurrency markets prepared for a big week of economic data. Durable goods orders from the United States will be released later today, with consumer confidence figures set for Tuesday. Ethereum rose back above $1,600, following...
Ethereum’s Regens Tend to Ethereum’s Public Goods
23.2.2023
Federal Judge Rules NBA Top Shot NFTs May Be Considered Unregistered Securities
23.2.2023
A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered an unregistered security. The case arose in 2021 when an NBA Top Shot collector sued Dapper Labs, claiming that the NBA Top Shot...
Study: 55% of Americans Believe They Will Lose It All if a Recession Hits the United States
16.2.2023
According to a recent study by Clever, a real estate data company, nearly three out of four Americans worry there will be a recession this year, and 69% of the research participants say the U.S. is already in a recession. What’s worse, 55% of the study’s respondents said they would lose...
An Ode to LocalBitcoins (and a Lesson About Maintaining Bitcoin's Public Goods)
10.2.2023
Shop Floki goods store goes live across the world for business
23.1.2023
Floki has entered the industry of online shopping with a brand new store called Shop Floki. It can be accessed from any part of the part subject to its availability. The announcement was made on Twitter, informing the community that they will be able to buy Floki merchandise from January 19, 2023....
Elon Musk's Twitter Mistakes Prove Web3's Point
19.12.2022
Optimism announces 2nd round funding for Retroactive Public Goods
9.12.2022
Optimism has taken to Twitter to share the news about its upcoming Retroactive Public Goods Funding round. It is tentatively scheduled to go live in February next year with the initial distribution of 10M OP. The distribution will be done among people and projects responsible for powering...
India’s Tax Authority Asks Crypto Exchanges for Details of Coins Traded on Their Platforms
1.11.2022
India’s tax authority has reportedly asked major cryptocurrency exchanges in the country to provide information pertaining to the coins traded on their platforms. The tax authority is also evaluating the taxability of crypto transactions to determine if the goods and services tax (GST) can...