‘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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Hands-On Preview of Samsung’s Galaxy S10 Phone Reveals New Crypto Details
news A hands-on preview of Samsung’s just unveiled flagship phone, the Galaxy S10, reveals new details of the device’s upcoming crypto features. The first official specs of the phone were announced in the U.S. on Wednesday, but only brief mention was made of its ability to store cryptocurrency private keys. However, in a piece for…

HSBC Targets China Trade With Yuan-Demoninated Blockchain Letter of Credit
news HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan. The bank said Tuesday that the transaction was marked progress for the Voltron trade finance blockchain platform it developed alongside other banks including BNP Paribas and Standard Chartered, Reuters reports. Letter of credit are a guarantee from a bank that a seller…

Blockchain Bites: Bitcoin’s ‘Rich List,’ Ethereum’s Volatility, DeFi’s Shakeup
Aug 25, 2020 at 16:08 UTC(Tristan Gassert/Unsplash)Blockchain Bites: Bitcoin’s ‘Rich List,’ Ethereum’s Volatility, DeFi’s ShakeupThere are more addresses than ever as part of Bitcoin’s “rich list,” the Federal Reserve is looking to change tack on inflation and another firm is putting its cash reserves into bitcoin, not a bank account. You’re reading Blockchain Bites, the daily…

Coinbase’s Ex-Policy Head Will Lobby for Facebook’s Libra Crypto
news Facebook has hired a lobbying firm led by a former head of policy at the crypto exchange Coinbase amid regulatory pushback from U.S. lawmakers over its Libra crypto project. The lobbying disclosure database compiled by ProPublica shows the Washington D.C.-based FS Vector registered with the congress on Aug. 23 that it has signed on…

Monero Leads Rally in Privacy Coins, Rising to Two-Year Highs
Oct 12, 2020 at 16:34 UTCMonero (XMR) 1-year chart, Oct. 12, 2020.Major privacy-focused cryptocurrencies jumped on Monday, with monero (XMR), the biggest of the lot, extending its impressive recent run to two-year highs. The move came after a group of countries jointly called for “back doors” into encryption software. That backdoor access potentially diminishes the…

Crypto dealer SFOX Adds New Service for Fund Managers to Invest in Digital Assets
Jan 17, 2020 at 08:10 UTCUpdated Jan 17, 2020 at 08:17 UTCSan Francisco Open Exchange unveiled Thursday its new “Separately Managed Account Solution” to help investors create their own crypto trading strategies. The service enables fund managers to manage individual securities in a single account for their clients in the traditional financial services industry. However,…

India’s National Payments Corporation Wants to Build a Blockchain Solution
news The National Payments Corporation of India (NPCI) – a bank consortium-owned umbrella organization for retail payments and settlements – is planning to use blockchain technology to boost digital transactions. According to a report in Business Today on Sunday, the NPCI has said it plans to develop a “resilient, real time and highly scalable” blockchain…

The Crypto Bull Market Has Created 88K New Millionaires in 2024: Henley Global
88,000 new crypto millionaires have been created during the market rise this year. Six new crypto billionaires were also created, five of which held bitcoin. Singapore continues to be the "premier crypto hub." 45:11 Bitcoin’s Price Is Way Up. And $48 Trillion in Wealth Just Got Access 1:00:39 Why Presidential Candidate Vivek Ramaswamy Is So