Day: March 1, 2023

Twitter down the same day Jack Dorsey launches decentralized alternative

Twitter suffered another outage on March 1 as thousands of users flagged issues with Elon Musk’s social media platform. The outage took place as Twitter founder Jack Dorsey’s new project, Bluesky, went into beta testing. Data from Downdetector showed thousands of issue reports from Twitter users from 9 am UTC, with issues slowly being resolved over a five hour period. 59% of the reported problems were from mobile app users while a further 35% of issues were flagged by website users. Twitter is yet to issue any updates on the cause…

Stacks’ Token Starts March With a Bang

Deribit, the world’s largest crypto options exchange by volume, will soon launch bitcoin volatility futures, offering digital-asset investors a simpler way than options to hedge against market volatility. Futures tied to Deribit’s forward-looking bitcoin volatility index will be available to Deribit under the ticker BTCDVOL at the end of March, Luuk Strijers, the exchange’s chief commercial officer, told CoinDesk. DVOL, which was released early 2021, measures bitcoin’s 30-day implied volatility calculated using Deribit’s options order book. Implied volatility refers to the options market’s expectation for price turbulence over a specific…

The Agenda podcast chats crypto, media and ethics with Molly Jane Zuckerman

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2022 was a rather challenging year for the crypto sector, and the prevalence of Ponzi schemes, decentralized finance scams, nonfungible token rug pulls and questionable centralized exchange bookkeeping put the issue of ethics in the space on blast.  Of course, the negative news of last year wasn’t an outlier or a one-off — generally, “good” ethics have been an issue in crypto for years, and it’s probably safe to assume that challenges will continue to dot the landscape for the foreseeable future. Within the context of media, it’s important to…

Puerto Rico Defines Act 60 Tax Exemptions for Blockchain Companies – Regulation Bitcoin News

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The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules that blockchain projects must follow to receive tax benefits that the state offers companies. The action seeks to create an “atmosphere of certainty and stability” for blockchain companies, according to DDEC Secretary Luis Cidre. Puerto Rico Establishes Rules to Attract Blockchain Business Puerto Rico is making moves to attract blockchain companies interested in establishing operations in the U.S. island territory. On Feb 23, the Economic and Commerce Development Department of…

Crypto Exchange LBank Signs With Encryptus for Crypto to Payout Infrastructure – Press release Bitcoin News

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press release PRESS RELEASE. LBank; a leading token-to-token crypto exchange, has partnered with Encryptus Europe UAB; a licensed crypto and fiat infrastructure company, to streamline their crypto to payouts in 100+ countries. After this integration, LBank will be able to offer to their users off ramps in the form of bank wires, gift cards, mobile top-ups and data plans without having to invest significant time and resources into product development, market research and regulatory compliance. Instead, they can focus on other areas of their business, such as user acquisition and…