‘Alternative Internet’ Builder Tomi Raises $40M to Attract Content Creators
Tomi’s aim is to “kick off a clean slate for the internet,” using its DAO governance model to promote freedom of speech and access to uncensored information, in contrast to the “government and corporate surveillance and censorship” of the world wide web, it said on Tuesday.
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Eminem’s Latest Album ‘Kamikaze’ Features a Bitcoin Shout-Out
Rapper and actor Eminem has given bitcoin's public awareness another boost, giving it a mention in a song on his just-released album, "Kamikaze." In track dubbed "Not Alike," fellow artist Royce Da 5'9' – who guest features on the piece – raps: "Remember everybody used to bite nickel, now everybody doing bitcoin." The album was…

A Blockchain to Connect All Blockchains, Cosmos Is Officially Live
news Cosmos, a highly anticipated blockchain itself designed to improve the interoperability between any number of other blockchains, has officially released a live software. With the mining of its first block at 23:00 UTC, the project has launched Cosmos Hub, the first in a series of proof-of-stake (PoS) blockchains that will be created in the Cosmos ecosystem. At present,…

Crypto Lender Hodlnaut to Be Liquidated, Court Filing Shows
Singapore-based cryptocurrency lender Hodlnaut will be liquidated, according to the company’s former interim judicial managers, Aaron Lee and Angela Ee.A winding-up order was filed on Nov. 10 with the High Court of Singapore. Liquidators will continue to provide updates to the exchange's creditors, of which there are more than 17,000.Hodlnaut applied for creditor protection last

First Mover: What’s Next for Ethereum After Cryptocurrency Hits All-Time High
The Ethereum blockchain ecosystem is growing fast with decentralized finance, or DeFi, and some traders say the cryptocurrency ether could notch further gains after hitting a new all-time high price.Jan 20, 2021 at 2:14 p.m. UTCFirst Mover: What’s Next for Ethereum After Cryptocurrency Hits All-Time HighBitcoin (BTC), the largest cryptocurrency, was down for a second…

Chinese Banking Giant CCB Expands Blockchain Platform as Volume Breaks $53 Billion
news China Construction Bank, one of the largest Chinese commercial banks, has expanded its trade finance blockchain platform with new abilities, including cross-chain and inter-bank transactions, as trading volume surpasses $53 billion. Speaking in Beijing at the official launch of the upgraded platform BCTrade2.0, CCB vice president Ji Zhihong said the new platform will leverage…

Tim Draper Invests $1.25 Million in Bitcoin Payments Processor OpenNode
news U.S.-based venture capitalist Tim Draper has invested $1.25 million in OpenNode, a bitcoin-only payments processing startup. Announcing the seed round on Tuesday, OpenNode told CoinDesk that the raised funds will be used to expand its team and beef up its legal and compliance efforts. The firm claims to process “instant” and “risk-free” bitcoin payments…

Why I Don’t Expect New Bitcoin Highs in 2018
While bullish on bitcoin's long-term prospects, an economist and investor heeds caution for more short-term price optimism.

First Mover Americas: Bitcoin Layer 2s Have Their Moment
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesTokens associated with Bitcoin layer 2 solutions have outperformed bitcoin (BTC) since the Bitcoin blockchain's highly-anticipated mining reward halving took effect early Saturday. STX, the native