Giacomo Arcaro distributed more than $20,000 worth of Ether to some of New York City’s homeless population last weekend. Before the 2017 bull run, growth hacker Giacomo Arcaro often slept in his car. Now an entrepreneur who speaks at crypto conferences and forums, he is looking for ways to promote adoption and help those financially…
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“We’re believers in [Bitcoin] and hopefully it continues to go up and maybe we can find some big free agents with some of the proceeds.” Dave Kaval, president of Major League Baseball’s Oakland Athletics, says the ball club will be HODLing any Bitcoin that fans pay for luxury seats at the team ballpark in the…
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Visa’s partners will be able to exchange USDC over the payment network to clear transactions made in fiat currency. Major credit credit provider Visa is piloting a program that will allow its partners to use the Ethereum (ETH) blockchain to settle a transaction made in fiat. In a Monday announcement, Visa said it will be…
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A mysterious, since-deleted tweet from the toymaker has piqued the interest of NFT collectors. The LEGO Group, a toy manufacturer best known for its popular interlocking plastic bricks, hinted it may be getting into the latest craze in the crypto space. On Wednesday, the official LEGO Twitter account posted (and then quickly deleted) a message…
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Thanks to COVID measures, the local economy may not recover until 2022. A representative for the International Monetary Fund has said the Marshall Islands’ digital sovereign currency would currently pose a risk to the islands’ financial stability. Following a March consultation, International Monetary Fund, or IMF, representative Yong Sarah Zhou said the issuance of the…
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“We decided that additional time to conduct a more thorough code review and testing was important,” said Theta Labs. Crypto-powered esports streaming app Theta’s mainnet 3.0 launch has been delayed until June. In an announcement from Theta Labs, the company stated that its development team is still working “to incorporate some building blocks” for a…
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Meitu chief financial officer Gary Ngan said the firm would have faced difficulties acquiring crypto on its own as a listed company. Crypto exchange Coinbase’s institutional custody platform helped execute the purchase and custodying of roughly $90 million of Bitcoin and Ether for Chinese tech company Meitu. In a blog from Coinbase today, the United…
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“Traditional lending services generally do not exist in the digital currency industry, which means there aren’t many lenders for investors to choose from,” said Jon Melton. Institutional investors will soon be able to receive Bitcoin-collateralized U.S. dollar loans through Silvergate Capital Corporation — the holding company of pro-crypto institution, Silvergate Bank. According to an announcement…
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“NFTs are a super exciting way to forge deeper bonds with my supporters,” said musical artist Alex Mansoor. Cryptocurrency exchange Crypto .com will be launching a non-fungible token platform this Friday featuring content from major artists, athletes, and musicians. In an announcement today, Crypto .com said it would be introducing a non-fungible token, or NFT,…
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“The media industry is undergoing a rapid evolution,” says the job listing. A new job posting from Time magazine shows the 98-year-old publication is looking for a chief financial officer familiar with blockchain and cryptocurrencies. According to the job details listed on LinkedIn, Time is seeking a chief financial officer with more than seven years…
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