Unpacking Arizona’s Bitcoin Legal Tender Proposal

This episode is sponsored by Nexo, Abra and FTX US. Download this episode On today’s episode, NLW looks at a proposal moving through Arizona’s Senate to make bitcoin legal tender. He explores: The specifics of the Arizona proposalThe controversial author of the billA pro-bitcoin battle in the Texas gubernatorial raceIncreasing partisan tension around bitcoin and crypto See also: Provision … Read more

Coinbase Lists Solana-Based Project Tokens for First Time

Coinbase on Monday began accepting inbound transfers of two Solana ecosystem tokens, FIDA and ORCA, confirming CoinDesk’s earlier reporting. Announced in a tweet (per a new policy), the expansion adds SPL tokens (Solana’s ERC-20 equivalent) to Coinbase’s token menagerie for the first time. It previously stuck to layer 1 coins and tokens built atop the … Read more

A prototype 500Hz gaming monitor has broken cover

The world’s fastest esports gaming monitors can refresh at 360Hz — that’s 360 times every second — but display panel manufacturer BOE thinks it can do better. This past week, it revealed a 27-inch prototype monitor with a 500Hz refresh rate, according to a Sina.com news report from an account dubbed OLEDIndustry (via Videocardz and … Read more

Meta brings 3D avatars to Instagram, rolls out new options for Facebook and Messenger

Meta is bringing its 3D avatars to Instagram and is also rolling out updated avatars to Facebook and Messenger, the company announced on Monday. Users in the United States, Canada and Mexico can now show up as their virtual selves in stickers, feed posts, Facebook profile pictures and more. Today’s update adds Cochlear implants and … Read more

This Marathon Is Among the First IRL-Metaverse Mashups

Virtual sporting company Raramuri is hosting the first-ever marathon in the metaverse, where runners can earn digital rewards for running real-life miles. The in-browser event will take place on June 2, this year’s Global Running Day, with early sign-ups currently open to the public. Registered participants in the 500-person race will have the 26.2 miles … Read more

Will the Citrix-Tibco merger create enterprise magic? Vista clearly thinks so

Private equity firms Vista Equity Partners and Evergreen Coast Capital have finally found a suitable match for Tibco: the firms will buy Citrix for $16.5 billion. The deal, which represents a roughly 30% premium on Citrix’s value, aims to combine the two companies to create a legacy enterprise tech powerhouse. But will the combination produce … Read more

Provision in House Bill Allowing Treasury Secretary to Block International Crypto Transactions to Be Removed

An agreement to remove a provision in a House bill giving the Treasury secretary the ability to block international crypto transactions has been reached, according to Jerry Brito, the executive director of Coin Center, an industry think tank that lobbied against the provision. I’m happy to report @jahimes has listened to our voices and looks … Read more

NFTs, Celebrities and Perverse Deal-Making

Early last week, a viral clip from “The Tonight Show Starring Jimmy Fallon” began making the rounds on social media. In it, Fallon’s guest, the socialite turned crypto promoter Paris Hilton, shows off a picture of one of her recent NFT purchases: a reddish Bored Ape complete with hat and sunglasses. “It’s really cool,” Hilton … Read more

Success of web3 hinges on remedying its security challenges

Wei Lien Dang Contributor Share on Twitter Wei Lien Dang is a general partner at Unusual Ventures, leading investments in security, infrastructure software and developer tools. He was previously co-founder of StackRox, a cloud-native security company acquired by Red Hat. In both Web 1.0 and Web 2.0, security models changed in tandem with application architectures … Read more

Paradigm invests in Solana wallet app Phantom at $1.2 billion valuation

In the crypto ecosystem, wallets are perhaps the most critical user touchpoint serving as a gateway to exchanges and smart contracts. This positions the startups building popular wallet apps closest to the firehose of consumer crypto opportunities, while also leaving them to take charge in tackling many of web3’s unsolved problems including steep onboarding challenges … Read more

Bitcoin Bargain? Investors Put Money Into Crypto Funds for Second Straight Week

Investors put money into cryptocurrency funds for a second straight week as the bitcoin market stabilized following one of its worst-ever starts to a year. Crypto funds saw inflows of $19 million during the seven days through Jan. 28, according to a report Monday from the digital-asset manager CoinShares. While the increase looks small relative … Read more

An app developer’s lawsuit over rejections and scammers is allowed to proceed, judge rules

A lawsuit over App Store abuses has been given the green light to proceed, at least on some fronts. The case, filed in California’s Superior Court in Santa Clara County last March, hails from app developer and former Pinterest engineer, Kosta Eleftheriou, who claims his keyboard app FlickType was initially unfairly rejected from Apple’s App … Read more

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