Coinbase continues to expand its crypto footprint in a major way by extending custodial services support to more than a dozen altcoins. In a new announcement, the US-based cryptocurrency exchange says it’s adding 16 new cryptocurrencies to its roster of 200+ assets that are part of the Coinbase Custody cold storage trust, a baker’s dozen […]
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Coinbase chief executive Brian Armstrong says decentralized social media (DeSo) is on its way up, possibly beginning with Elon Musk’s Twitter takeover. In an interview with economic think-tank Milken Institute, Armstrong shares his vision of what decentralized Twitter might look like if Musk were to turn the popular platform into a Web3-based application. “I think generally, […]
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The internet entrepreneur and former CEO of Twitter, Jack Dorsey, claims if developers are building on Ethereum they have “at least one, if not many, single points of failure.” The statement was in response to Vitalik Buterin’s commentary concerning Elon Musk running Twitter. Former Twitter CEO Criticizes Projects Building on Ethereum Jack Dorsey doesn’t seem […]
A decentralized social media project that has received support from billionaire investor Chamath Palihapitiya is surging after reaching a major milestone. In a new press release, Decentralized Social (DESO) says that over 1.5 million accounts have been created on its platform. The layer-1 blockchain project aims to redefine the nature of social media applications by […]
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Coinbase is rolling out support for a crypto newcomer across its full suite of retail trading applications. The leading US-based crypto exchange says it’s adding Decentralized Social (DESO) to Coinbase.com, as well as the platform’s iOS and Android apps. Early this week, Coinbase added DESO to its professional trading platform, Coinbase Pro. The sudden support […]
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Several under-the-radar crypto assets are exploding in price despite a lingering downtrend across the markets. Patriotic ConstitutionDAO has seen its native token PEOPLE leap by 61% this week. The project initially arose to crowdfund the purchase of a rare original copy of the United States Constitution but was ultimately unsuccessful during a Sotheby’s auction in […]
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An altcoin that has received support from billionaire investor Chamath Palihapitiya is surging after a surprise listing by top US crypto exchange Coinbase. In a new blog post, Coinbase says that Decentralized Social (DESO) will start trading on Coinbase Pro once appropriate liquidity conditions are met. The layer 1 blockchain project aims to provide scalability […]
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Billionaire investor and former Facebook executive Chamath Palihapitiya says that Bitcoin (BTC) has already effectively replaced gold as a store of value. In a new CNBC interview, the founder and CEO of Social Capital shares why he believes the market share of the flagship cryptocurrency will continue to grow. He also predicts a swath of […]
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While most of the crypto market continued to suffer through a correction over the past week, a handful of low-cap altcoins skyrocketed in value. DESO, the native token for Decentralized Social, surged by more than 90% over the past seven days. The 75th-ranked asset by market cap is trading at $140.16 at time of writing, […]
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