This is an opinion editorial by Renata Rodrigues, global community and education lead at Paxful. Social Change Powered By Bitcoin: Part One Bitcoin is changing the face of philanthropy. Not only does bitcoin offer transparency and efficiency to nonprofit work, it also has the ability to bring in new donors. On the other end, the pairing is also reshaping how…
Walmart’s global chief technology officer (CTO) Suresh Kumar has tipped cryptocurrency to become a “major” area of disruption, particularly in how customers pay for virtual and physical goods in the future. Speaking at the Yahoo Finance All Markets Summit on Oct. 17, Kumar outlined Walmart’s positive stance on digital assets, noting that “crypto will become an important part of how…
The $117 million Mango Markets exploiter has defended that their actions were ‘legal,’ but a lawyer suggests that they could still face consequences. Self-described digital art dealer Avraham Eisenberg, outed himself as the exploiter in a series of tweets on Oct. 15 claiming he and a team undertook a “highly profitable trading strategy” and that it was “legal open market…
With a secret sauce conjured in the bowels of Meta, and a mission to provide “the safest and most scalable layer 1 blockchain,” Aptos launched its mainnet today, the culmination of four years of technical development and a $1 billion valuation. Leading exchange FTX, an Aptos investor, has already announced that it will list Aptos’ APT token on Wednesday. Dubbed…
Payments giant Mastercard has introduced a new program called Crypto Source to enable financial institutions to offer crypto trading and other related services to their customers. Mastercard has partnered with Paxos Trust Company to support this program. A Mastercard executive says that crypto is on the “cusp of really going mainstream.” Mastercard to Help Banks Offer Crypto Services Mastercard introduced…
“We do sometimes track our success against Ethereum in terms of developer adoption,” Solana Labs co-founder Anatoly Yakovenko acknowledged on the Decrypt gm podcast. “I think it’s really important because they are the market leader.” Still, he said it has been interesting to see what kind of developers choose Ethereum over Solana, pushing back against the idea that Solana is…
The future of how we socialize online is being defined as we speak, and it’s far too important to leave things to the likes of Meta and other mega social companies. Just a surface-level look at Meta’s history is enough to understand its tendency to severely miss the mark. Some companies like to use Web3 principles to right the wrongs…
According to the National Police Agency (NPA) in Japan, North Korean hackers from the crime syndicate Lazarus Group have been targeting crypto companies in the country. Local reports detail that it’s the fifth time the NPA has tied “public attribution” to the organization of North Korean cyber criminals. Japan’s Law Enforcement and Financial Regulator Warn Against Lazarus Group Attacks Hackers…
Joe Lubin, the Ethereum co-founder and CEO of crypto software giant ConsenSys, is confident that the metaverse will one day encompass the full human experience. But he’s equally confident that day is still years away. “I think [using the metaverse today] is a little bit like logging on to the internet in 1994,” Lubin told Decrypt in an exclusive video…
Last week, a sliver of news leaked from an unknown source sent the NFT world into uproar. An anonymous source tipped Bloomberg that the Securities and Exchange Commission is currently investigating whether NFTs sold by Yuga Labs, the $5 billion company behind the Bored Ape Yacht Club, violated security registration laws. The SEC did not deny the report. Depending on…
