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Global payments giantVisa IncV has released a paper outlining how the firm could work withEthereumETH/USD to enable automated payments from self-custodial crypto wallets. What Happened: The paper, originally presented as part of a company hackathon held earlier this year, explores how the Ethereum mainnet can offer users the capability of scheduling auto-payments with the support
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This is an opinion editorial by Matt Smith, an operations officer for the United States Air Force and an assistant professor of aerospace studies at the University of Nebraska-Lincoln. As the country’s most adversarial competitors actively pursue ways to de-dollarize the world while simultaneously publicly announcing, “the economy of imaginary wealth is being inevitably replaced by
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2020 and 2021 saw a massive expansion of digital offerings across nearly every industry. Many organizations implemented new partnerships to offer digital commerce and payment tools, or even invested in creating their own tools to address the abrupt and urgent need created by the pandemic. This trend was particularly evident in the digital health market,
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Its been a bad month for many in the crypto world, including Gemini Exchange and its owners and founders, billionaire twin brothers Tyler Winklevoss and Cameron Winklevoss. On November 16, 2022, Gemini announced on its blog: Genesis Global Capital, LLC (Genesis) the lending partner of the (Gemini) Earn program has paused withdrawals and will not
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For two years following the publishing of the now-famous Bitcoin whitepaper in October 2008, the person or people calledSatoshi Nakamoto (presumed to be a pseudonym)who created the cryptocurrency corresponded regularly with the growing community, explaining the concepts behind a decentralized global digital currency. What Happened: Thelast-known message from Nakamoto was sent on Jan.10, 2011. This
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Billionaire investor Tim Draper has earned the title "adventure capitalist" by betting on a series of notable tech successes, including Hotmail, Skype, SpaceX, AngelList, SolarCity, Twitter, DocuSign, Coinbase, Robinhood, and Ancestry.com. Draper was an early supporter of Bitcoin BTC/USD and has made early predictions which for the past eight years have turned out to be
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Clients pulled $8.1bn in deposits from Silvergate during a “crisis in confidence” late last year, forcing the crypto-focused US bank to sell assets and underscoring how the implosion of FTX reached the regulated financial sector. The California-based group’s disclosure on Thursday showing its deposits from digital asset customers shrank to $3.8bn on December 31 from
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