Reddit Readying an NFT Platform

Add Reddit to the list of big brands entering the non-fungible token (NFT) market. The social media site intends to build an NFT platform for buying and selling crypto collectibles, the company tipped in a job posting. In the posting for a senior engineer, Reddit noted “a new and exciting, rapidly growing team that aims … Read more

Balaji Srinivasan: Bitcoin and the Search for Truth

We think it’s fitting that this, the 50th episode of “Money Reimagined,” is being published inside an historic week for the crypto community, when the launch of a futures-focused bitcoin exchange-traded fund helped drive the leading cryptocurrency to a new all-time-high just shy of $67,000. This episode is sponsored by Quantstamp. It’s also fitting that … Read more

Why the Bitcoin and Crypto Communities Are So Skeptical of WorldCoin

This episode is sponsored by NYDIG. Download this episode Today’s episode is nominally about WorldCoin. The project launched this week with ambitions to airdrop a new cryptocurrency on everyone in the world. To do so, it’s using biometric eye scanning to identify people and the entire cryptosphere – bitcoiners, ethereans and beyond – are sort of … Read more

Gensler for a Day: How Rohan Grey Would Regulate Stablecoins

On paper, the concept of a “stablecoin” is relatively simple. Cryptocurrencies are notoriously volatile, and traders like being able to cash out quickly. Stablecoins are cryptocurrencies that allow for just that. Tied 1:1 to the price of a particular fiat currency (usually the U.S. dollar), they’re a way for traders to turn volatile crypto into … Read more

Rep. Tom Emmer Wants Stablecoins Over CBDCs – Interview

There’s nothing that screams techno-optimist about U.S. Rep. Tom Emmer, the four-term Republican member of Congress from Minnesota. The 60-year-old is a collector of toy trains and tractors. He first learned about cryptocurrency in a book. In a memorable scene from the coronavirus pandemic months, Emmer appeared upside-down on video during a congressional hearing. But … Read more

Polygon pays $2M bounty on bug which could have compromised $850M in user funds

The white hat hacker speculated that the bug might have been created from “using someone else’s code and not having a 100% understanding of what it does.” The white hat hacker speculated that the bug might have been created from “using someone else’s code and not having a 100% understanding of what it does.” Read … Read more

Ren

REN is the native cryptocurrency of the Ren protocol. It is an open protocol designed to allow users to move digital assets from one blockchain to another, generating cross-chain liquidity. To do so, it allows users to create tokens that conform to Ethereum’s ERC-20 standard that are backed 1:1 with their counterparts, such as bitcoin … Read more

Kava.io

Kava is the native cryptocurrency of the Kava.io platform, a decentralized finance protocol allowing users to lend and borrow assets using multiple crypto assets as collateral. As a blockchain-based platform, Kava.io doesn’t require intermediaries to complete this process. Instead, it opts for a cross-chain lending platform allowing users to borrow the USDX stablecoin against non-decentralized … Read more

Hilbert Group forms COIN360 JV with Cointelegraph and Chiron Partners

COIN360, one of the world’s most popular cryptocurrency market data aggregators — known for its iconic heatmap — will launch a new data analytics business under the joint leadership of Hilbert Group, Cointelegraph and Chiron Partners. COIN360, one of the world’s most popular cryptocurrency market data aggregators — known for its iconic heatmap — will … Read more