Microsoft’s ION Digital ID Network Is Live on Bitcoin

A radical new framework for how to authenticate online identities just went live on the Bitcoin network. Microsoft’s Decentralized Identity team has launched the ION Decentralized Identifier (DID) network on the Bitcoin mainnet. This network is a layer 2 technology similar to Lightning except that instead of focusing on payments it uses Bitcoin’s blockchain to … Read more

How PayPal Became a Major Crypto Player

PayPal offering crypto services will go down as one of the digital asset industry’s biggest wins to date, even if it did take over seven years to arrive. Here’s how it all happened. PayPal is a global e-commerce payments platform founded in 1998 by Peter Thiel, Luke Nosek and Max Levchin. Originally known as “Confinity … Read more

‘Speedy Trial’ Taproot Activation on Bitcoin Could Still Include a ‘UASF’ Safety Net

Taproot – Bitcoin’s most anticipated upgrade ever – has been “close” for a year now, but no one in Bitcoin’s community has agreed on how to activate it. With Speedy Trial, there might finally be a solution, though it may still involve a “user-activated soft fork” (UASF). In a public meeting on Tuesday on Internet … Read more

How to Make, Buy and Sell NFTs

NFTs have become one of the hottest crypto trends of 2021, with overall sales up 55% already since 2020, from $250 million to $389 million. Here’s how you can make, buy and sell NFTs. Non-fungible tokens (NFTs), which are unique collectible crypto assets, have been around as early as 2012 when the concept of Bitcoin … Read more

Internet Deplatforming as Class Warfare

Here at CoinDesk, we use the term “crypto-adjacent” to categorize stories that aren’t about cryptocurrency or blockchains per se but illustrate the problems these technologies attempt to solve. By covering these stories, we are not necessarily claiming Bitcoin, crypto or blockchain “fixes this” (it may well not, given scaling and other challenges). But they disprove … Read more

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