Fifty-one percent of consumers in Latin America made at least one transaction with cryptocurrencies. Source
Day: July 1, 2022
Future of Work: The Digital Fashionista
Future of Work: The Digital Fashionista Source
Grayscale ‘GBTC Discount’ Widens After SEC Bitcoin ETF Rejection
The widening in the discount is seen as a sign of waning optimism for a conversion anytime soon – the opposite of what was happening last week, when some investors were buying GBTC, betting on the fund’s chances, said Pablo Jodar, financial products manager at Storm Partners, a tech supplier for the crypto industry in Europe. Original
BlockFi Reaches Deal With FTX US
The crypto lender said client funds will not be impacted. Source
So You Want to Be a Bitcoin Developer?
“I got a job at the Electric Coin Company, creators of Zcash, which is a code fork of Bitcoin Core. I happened to find a minor bug in Zcash and discovered it also existed ‘upstream.’ So I opened my first Bitcoin Core pull request to fix the bug. It merged quickly, so I assumed it was pretty easy to get changes into Bitcoin Core. (This belief was naive.),” Ruane said. Original
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Crypto Mining Stocks Have Huge Upside, Says DA Davidson as It Slashes Hashrate Forecasts
Compared to a June 6 note, D.A. Davidson increased its 2022 upside expectations for Core Scientific (CORZ) and Riot Blockchain (RIOT) to 355% and 189%, respectively, and decreased its forecast for Marathon, Hut 8 (HUT), Argo Blockchain (ARBK) and Stronghold Digital Mining (SDIG) to 228%, 175%, 121% and 81%, respectively. Source
Register by July 7th to Join CoinDesk’s Hackathon With CRADL and HackerEarth
CoinDesk is calling on coders, designers, community organizers, policymakers, economists, urban planners and artists worldwide to join our Web3athon and help realize crypto and blockchain technology’s potential to make the world a more equitable place. Source
BlockFi’s Fire Sale Shows the Uber Startup Model Is Disastrous for Finance
Another reason the Thiel model simply makes no sense for retail finance is that it is structurally impossible to build the kind of “moat” that can, at the very least, keep a crappy business like Uber limping along. A huge element of finance, certainly for retail depositors but also more generally, is that you want your deposits to be as liquid as possible. To attract deposits in the first place, customers must be convinced it will be easy to withdraw … and potentially deposit their money elsewhere. This makes banking…
El Salvador compra 80 bitcoins adicionales a $19K cada uno, según el presidente Bukele
Según los datos de CryptoX basados en los anuncios de Bukele, El Salvador lleva un 55,03% de su apuesta por el bitcoin. Desde septiembre hasta la fecha, el país ha adquirido 2301 monedas por un total de $103,9 millones, pero su cartera tiene actualmente un valor de $46,6 millones. Source 19kadicionalesBitcoinsBukelecadacomprapresidenteSalvadorsegúnuno CryptoX Portal