Ponzi vs. pyramid schemes: What’s the difference?
Ponzi schemes promise returns generated from the money of future investors, while in pyramid schemes, income flows up through recruitment. Go to Source
Month: September 2023
Crypto ahead in fintech investments in France and Germany in 2023: Report
Europe experienced a 50% fall in fintech investments in the first half of 2023. Go to Source
Polygon co-founder – $1B bet on ZK-rollups paying off
Polygon has allocated an estimated $1 billion on zero-knowledge technology underpinning its Ethereum scaling layer 2 solutions. Go to Source
Opera browser debuts stablecoin wallet MiniPay in Africa
Opera’s new in-browser, non-custodial wallet runs on the Celo blockchain and targets the platform’s user base in Africa for P2P stablecoin transactions. Go to Source
Adobe, IBM, Nvidia join US President Biden’s efforts to prevent AI misuse
Adobe, IBM, Nvidia and five other companies have joined the initiative, unveiled in July, aimed at preventing the misuse of AI’s capabilities for harmful purposes. Go to Source
PayPal PYUSD stablecoin is 100% backed: Paxos transparency report
The total assets held in PayPal USD custody “meet or exceed the token balance,” with total tokens outstanding amounting to $44.4 million as of Aug. 31, Paxos report states. Go to Source
Emurgo to invest and fill 21 areas ‘missing’ from Cardano: Emurgo CEO
Emurgo founder and CEO Ken Kodama told Cointelegraph that they’ve identified 21 areas that Cardano is missing, but are present in other blockchains. Go to Source
Nasdaq’s Hashdex mixed Ether ETF filing joins crypto ETF race
Known as the Hashdex Nasdaq Ethereum ETF, this investment fund is the first filing for futures and spot Ether holdings under the ‘33 Act and is overseen and supervised by Toroso Investments. Go to Source
Telegram integrates TON crypto wallet, TON price jumps 7%
Messaging app Telegram endorsed TON network as its blockchain network of choice for Web3 infrastructure, boosting the TON token price by 7%. Go to Source
Coinbase to integrate Bitcoin Lightning network: CEO Brian Armstrong
Lighting Network helps Bitcoin solve its scalability problem and compete against newer cryptocurrency projects that promised comparatively faster and cheaper transactions. Go to Source
