The Bitcoin white paper doesn’t mention the word decentralization once – but it’s obviously there by another name: peer-to-peer. The Ethereum white paper mentions decentralization about 40 times. And when the President’s Working Group on Financial Markets (PWG) released its report on stablecoins last month, 15% of it was dedicated to the concept of decentralization and how to … [Read more...] about It Can’t Be ‘Decentralization or Bust’
Bust
U.S. feds bust Instagram star for promoting Bitcoin scams
Federal prosecutors in Brooklyn bust one ‘Jay Manzini’ yesterday on charges of perpetuating a wire fraud using Bitcoin, city outlet Daily News said this morning.Buying Bitcoin over InstagramIdentified as Jebara Igbara, the man hunted for potential victims on social app Instagram and marketed a fiat-to-BTC scheme to his millions of followers. Bitcoin, the world’s largest … [Read more...] about U.S. feds bust Instagram star for promoting Bitcoin scams
The superheated NFTs? A crypto market niche tipped to boom or bust
In a whirlwind seven-day period, which began with Twitter founder Jack Dorsey proving that almost anything can be tokenized — even his old tweets — and culminated on Thursday with a Christie’s art auction that brought a mind-boggling $69.3 million bid for a tokenized Beeple work — fetching more at an auction than pieces by George Seurat, Paul Gaugain or Salvador Dalí — some … [Read more...] about The superheated NFTs? A crypto market niche tipped to boom or bust