What It’s Like to Be a Woman In China’s Get-Rich-Quick Crypto Culture

NEAR Protocol has deployed a major upgrade known as "Nightshade 2.0" on its main network, designed to improve the scalability and usability of the blockchain. New features include "stateless validation," a concept that Ethereum co-founder Vitalik Buterin has written about extensively, according to a press release from the NEAR Foundation, which supports the blockchain. NEAR

news Venezuela has reportedly begun converting pensioners’ monthly payments into its controversial cryptocurrency, the petro. According to the Caracas Chronicles, an English-language politics and economics blog based in the country, the government has recently been taking the bolivares (the country’s current fiat currency) paid to its elderly residents and automatically swapping them for petros. Normally,…

Taiwan's Financial Supervisory Commission for Virtual Currency Management is set to issue 10 guiding principles for virtual asset providers in September, CNA reported on Thursday citing local officials.The East Asian country will set guidelines to ensure that crypto businesses establish review mechanisms, keep customers payments separate from their own tokens and comply with anti-money laundering

Over $55 million of floki (FLOKI) tokens have been locked on the blockchain’s staking platform.Floki was released in 2021 as a meme coin named after Elon Musk’s pet, Shiba Inu, but has morphed over time to position itself as a serious decentralized finance (DeFi) project. Decentralized finance is an umbrella term for lending and borrowing

Optimism Foundation sold about 19.5 million OP tokens to an unidentified buyer.The tokens come from the unallocated portion of the OP Token treasury that was set aside for working capital.Optimism Foundation said on Friday that it had entered into a private token sale of approximately 19.5 million OP tokens, worth nearly $90 million at current

news For a panel about a proposed cryptocurrency, Tuesday’s Senate Banking Committee hearing was notably light on crypto talk. Bitcoin was barely mentioned during the two-hour session and most of the lawmakers seemed far less concerned with the technology than with who was planning to leverage it: Facebook. Sen. Brian Schatz (D-Hawaii) put it perhaps…

Feb 14, 2020 at 09:00 UTCRESEARCH ME: The Office of the Director of National Intelligence wants to learn more about "black swan" events that would sink the U.S. dollar. (Image via Shutterstock)US Intelligence Officials Are Funding Research on Dollar-Crushing ‘Black Swan’ EventsThe U.S. Office of the Director of National Intelligence (ODNI) wants to sponsor a…

Aug 3, 2020 at 11:44 UTCUpdated Aug 3, 2020 at 11:56 UTC(Denis Belyaevskiy/Shutterstock)A Spanish cryptocurrency payments app and card issuer has admitted it won’t be able to immediately repay users affected by Friday’s $1.4 million hack and has offered a compromise instead. Madrid-based 2gether said Sunday it hadn't been able to find the funds to…

Feb 24, 2020 at 10:00 UTCByrne Hobart, a CoinDesk columnist, is an investor, consultant and writer in New York. His newsletter, The Diff (diff.substack.com) covers inflection points in finance and technology. In October, China’s President Xi Jinping said China should “seize the opportunity” to use the blockchain. To cryptocurrency advocates, this is exciting – and confusing.…