Former Consensys employee launches new stablecoin amid regulatory uncertainty
Former Consensys employee Jack Jia, co-founder of Stable.com, launches new stablecoin USD3 amid regulatory uncertainty and shifting stablecoin narratives.
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Overstock CEO Praises tZERO Blockchain Platform in Q4 Earnings Report
Canadian online retailer Overstock.com said it would counter its significant losses for 2018 with a return to profits this year in its Q4 earnings report released on March 18.Overstock, which is famous as being one of the first major retailers to accept Bitcoin (BTC), saw profitability dive through last year as a result of a…

Differences Between Tokens, Coins and Virtual Currencies, Explained
1. Is there a difference between a token/coin/digital currency/virtual currency? In short: Yes, there is. There are indeed differences between all of these terms, both major and minor. For instance, when JPMorgan Chase released its JPM Coin, it presented it as a “digital coin,” while Facebook’s Libra was introduced as a solid “cryptocurrency” — and,…

BitPay Now Requires Your Photo ID for Purchases Over $3K in Bitcoin
Cryptocurrency payment processor BitPay is introducing new identity verification measures for certain high-value payments, refunds and payouts.According to an Aug. 1 announcement from the United States-based firm, the new measures notably do not apply to person-to-person payments using the BitPay and Copay apps.Photo ID, Social Security NumberBitPay is rolling out its new ID verification flow…

Is Google’s Gemini really smarter than OpenAI's GPT-4? Community sleuths find out
Google launched its latest artificial intelligence (AI) model Gemini on Dec. 6, announcing it as the most advanced AI model currently available on the market, surpassing OpenAI’s GPT-4. Gemini is multimodal, which means it was built to understand and combine different types of information. It comes in three versions (Ultra, Pro, Nano) to serve different use

Lawyers picnic: FTX counsel and advisors rake in $34M in January
Millions have been invoiced from a host of law firms, investment bankers, consultants and financial advisers in FTX’s bankruptcy case. 610 Total views 9 Total shares Own this piece of history Collect this article as an NFTThe law firms, investment banks and consulting companies working with FTX on its bankruptcy case billed the crypto exchange…

Secrets They Missed at DevCon: What It’s Really Like in a Working DAO
The topic of decentralized autonomous organizations is echoing loud and clear from the halls of this year’s DevCon to CryptoTwitter. Multiple projects at DevCon, including Aragon and MolochDAO, presented their commitments to decentralize power across a DAO, or, a group organized by rules encoded as a computer program. DAOs are transparent and controlled by the…

HODLer claims to have used crypto profits for father’s cancer treatment
Though investing in crypto has the potential to radically change someone’s financial situation, one HODLer is saying their actions may have actually saved someone’s life. In a Reddit post under the r/cryptocurrency subreddit today, a U.K.-based user claimed that advice they gave to a university acquaintance two years ago resulted in that person’s father being able to…

South Korean pension fund to invest in Bitcoin ETF: Report
KTCU plans to invest in Bitcoin ETF products after consultation with domestic asset managers,” an exec reportedly said. South Korea’s public pension fund, the Korean Teachers’ Credit Union (KTCU), is reportedly looking to gain exposure to Bitcoin (BTC) via a crypto exchange-traded fund (ETF).KTCU, one of the largest institutional investors in South Korea, is considering…