Jack Dorsey, the CEO of Block Inc, formerly Square Inc, tells Mark Zuckerberg he should have focussed his efforts on Bitcoin instead.Dorsey was referring to Zuckerberg’s failed Diem project, which finally threw the towel in after U.S regulators refused approval.Diem’s assets were sold to Silvergate Bank earlier this week, marking the end of the project. Silvergate said it plans … [Read more...] about Jack Dorsey tells Mark Zuckerberg he should have built around Bitcoin
Tells
Crypto Exchange Bitfinex Tells Ontario Customers to Close Accounts
Cryptocurrency exchange Bitfinex said customers based in Canada’s most populous province will no longer have access to any services beginning March 1. No reason was given for the move.Bitfinex told its Ontario customers they should withdraw their funds on or before March 1.Beginning today, customers without account balances will have their accounts closed. Those without open … [Read more...] about Crypto Exchange Bitfinex Tells Ontario Customers to Close Accounts
Powell Tells Senate Fed Will Release Its Crypto Report ‘Within Weeks’
At Tuesday’s hearing, Powell was asked by Ranking Member Sen. Pat Toomey (R-Pa.) whether, if the Fed was given authorization from Congress to pursue a CBDC, if that would mean that a CBDC could not coexist with “well-regulated, privately-issued stablecoins.” Source link … [Read more...] about Powell Tells Senate Fed Will Release Its Crypto Report ‘Within Weeks’
What Facebook’s rebranding tells us about Big Tech’s ‘Game of Platforms’
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.Sometimes a project’s name tells you all you need to know about it, no matter how niche. Take Kryptomon, for example, the NFT game that … [Read more...] about What Facebook’s rebranding tells us about Big Tech’s ‘Game of Platforms’
Wright Tells Jury Kleiman Only Mined ‘Testnet’ Bitcoins
Wright, for his part, maintains that he and Dave never mined or “created” bitcoin together, despite a slew of emails, chat messages, and legal documents presented by the plaintiffs where Wright tells numerous people, including Dave’s friends and family and the Australian authorities, that he and Dave had a joint mining operation. Source link … [Read more...] about Wright Tells Jury Kleiman Only Mined ‘Testnet’ Bitcoins