Meta is paying creators in Stablecoins. Spending them is someone else’s problem
In March, when Meta announced plans to begin paying creators in USDC across Colombia and…
In March, when Meta announced plans to begin paying creators in USDC across Colombia and the Philippines, with expansion to more than 160 countries expected by the end of the year, the move was widely interpreted as another milestone for stablecoins entering the financial mainstream. A company responsible for nearly $3 billion in annual creator…
James Wo, the founder and chief executive of crypto investment firm DFG, says bitcoin remains the dominant institutional asset in crypto — and ether is unlikely to reach the same status anytime soon. Speaking to CoinDesk at the Proof of Talk conference in Paris, Wo rejected Bitmine Immersion Technologies Chairman Tom Lee’s big prediction that…
One person is dead and an oil depot has been set ablaze after a series of drone attacks waged by Ukraine on the Russian city of St Petersburg. Russian air defences intercepted a total of 376 drones according to the country’s defence ministry. Regional governor Aleksandr Drozdenko said more than 140 drones were shot down…
Following bitcoin’s worst week in two years, Strategy(MSTR) Executive Chairman Michael Saylor published a framework on X, arguing that the Bitcoin community is evolving into four distinct ideological camps. Rather than viewing these groups as competitors, he presents them as complementary forces that will collectively shape bitcoin’s future. The first group, Bitcoin Maximalists, sees Bitcoin…
A Bitcoin address that had held 35.55 bitcoin worth $2.54 million untouched since March 2011 moved its coins earlier this wee,, becoming one of the first publicly visible responses from a named defendant in a New York state lawsuit that claims legal title over 39,069 dormant bitcoin wallets. The wallet, 1LwWtSs7tMCwcRczQd5kVMv3xpWw6w4Sxe, sent 15 BTC to…
Marley Moose is spending her third summer planting trees in northern Manitoba as part of a crew trying to help Mother Nature regenerate forests destroyed by wildfires. But that goal has become more challenging with the cancellation of a federal program that aimed to plant two billion trees by 2030. “Everywhere around me is burnt,…
A major bug found in the top privacy network Zcash, using artificial intelligence, may be a warning sign that similar undiscovered flaws exist across crypto and banking software. What’s worrying the crypto community is that the bug, which had existed in the network for 4 years, was only found recently by Shielded Labs, a nonprofit…
Andrew Moloney’s decades of hard knocks and significant sacrifice have paid off after the Australian challenger won a 12-round war to claim the IBF super flyweight world title in Japan. The 35-year-old mandatory opponent knocked back almost $350,000 to step aside and instead take on Mexican champion Willibaldo Garcia, collecting barely a fifth of that…
Some online chatter seems to speculate that retail investors may be selling crypto to chase the biggest IPO ever. The Elon Musk-owned rockets, satellite and AI company SpaceX is selling up to 30% of its record $75 billion offering straight to retail investors through Robinhood, Fidelity and Charles Schwab, more than three times the slice…
Taylor Hornby, the security engineer who used Anthropic’s Opus 4.8 AI model to find a critical bug in Zcash, says privacy coin Monero is among the tokens he intends to audit next. Asked on X whether he could look for flaws in Monero and other private cryptocurrencies, Hornby replied, “Absolutely! I’ll add Monero to my…