Jack Dorsey’s beef with Web3 has never been a secret. In his view, Web 3 — blockchain boosters’ dream of a censorship resistant, privacy-focused internet of the future — has become just as problematic as the Web2 which preceded it. Now, he’s out with an alternative. At CoinDesk’s Consensus Festival Read more…
Nigerian Exchange, plans to start a blockchain-enabled exchange platform next year to deepen trade and lure young investors to the market. The move follows the introduction of regulations to guide trade in digital assets by the Nigerian Securities and Exchange Commission, and the growing interest to adopt the distributed-ledger technology Read more…
Lead researcher Alyssa Blackburn of Baylor and Rice, along with team-mates Christoph Huber, Yossi Eliaz, Muhammad S. Shamim, David Weisz, Goutham Seshadri, Kevin Kim, Shengqi Hang, and Erez Lieberman Aiden, used a technique called “address linking” to study the Bitcoin transactions in the first two years of its existence: January Read more…
PayPal announced on Tuesday that the service now “supports the native transfer of cryptocurrencies between PayPal and other wallets and exchanges.” The ability to conduct external transfers on PayPal’s crypto platform, an image of which can be seen below, will start rolling out to users today and be available to Read more…
New York lawmakers have passed a bill that would temporarily ban new bitcoin mining operations. Early on Friday, state senators voted 36-27 to pass the legislation. It’s now bound for the desk of Governor Kathy Hochul, who will sign it into law or veto the bill. The law would come Read more…
A group of renowned technologists has joined forces to urge US lawmakers to crack down on the burgeoning cryptocurrencies industry, marking the first concerted effort to counter well-financed lobbying by blockchain companies. Harvard lecturer Bruce Schneier, former Microsoft engineer Miguel de Icaza and principal engineer at Google Cloud Kelsey Hightower, Read more…
The higher you climb, the harder you fall — and that spells trouble across the board for fintech startups right now. Already fintech multiples plummeted faster, and harder, than the rest of the tech sector. A chart published by a16z shows that the peak of forward revenue multiples for fintech Read more…