A group of residents in one US city will soon receive thousands of dollars from a new guaranteed income pilot program. Officials in the city of Salem, Massachusetts say they had to abruptly close registrations for Uplift Salem due to an “astounding” amount of demand. The program will distribute a total of $600,000 to people […]
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US-based crypto exchange Coinbase is now the official cryptocurrency platform and blockchain partner of the NBA’s Golden State Warriors and its home court, the Chase Center. In a statement, the NBA says the deal will give Coinbase a prominent placement at Chase Center, making the firm’s brand visible during broadcast and in the arena. The […]
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Worldcoin (WLD), the cryptocurrency project that uses eye-scanning technology to create an identity network, has rebranded. In a statement, the project co-founded by OpenAI CEO Sam Altman and Tools for Humanity CEO Alex Blania explains why Worldcoin is now World Network. “As the scale of the project grows along with the importance of World ID’s […]
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The sixth most populous city in the US is still accepting applications for a guaranteed income pilot program that was launched months ago. Philly Job Bank, a guaranteed income pilot program that was unveiled in Philadelphia in June, has 139 slots available, reports public radio station WHYY-FM. “Only 111 of 250 spots have been filled as […]
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Coinbase chief executive Brian Armstrong thinks crypto is the best payment rail option in the world. While speaking at a Goldman Sachs conference this week, Armstrong notes that Base, Coinbase’s layer-2 Ethereum (ETH) scaling solution, has reduced global transaction confirmation times to under one second and transaction fees to less than $0.01. The Coinbase CEO […]
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A new study that focused on the personality traits of crypto investors reportedly suggests that digital asset owners are more likely to exhibit psychopathic tendencies. Researchers at the University of Toronto and the University of Miami polled 2,001 American adults to explore the psychological profile of crypto holders, reports Bloomberg. About 30% of the respondents […]
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A city on the West Coast is preparing to roll out a new guaranteed income pilot program. The Pomona Household Universal Grants (HUG) Pilot Program is a one-and-a-half-year project giving $2.376 million to selected parents near Los Angeles. The program will pick a total of 600 applicants that will be separated into two cohorts. For […]
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Former president Donald Trump continues to bill himself as the crypto-friendly candidate in a bid to secure donations from the digital asset sector. Trevor Traina, a tech executive, tells Reuters that Trump said “he would be the crypto president” at a recent San Francisco fundraiser. Traina previously served as the US ambassador to Austria during […]
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JPMorgan Chase is reportedly preparing to launch a biometric payments system for the masses. The banking giant is preparing a “broad rollout” of an authentication system that will allow retail shoppers to pay with their face or palm next year, reports American Banker. The system is the result of two pilot projects with the California-based […]
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Roughly 6.8% of the global population now holds crypto assets, according to digital currency payment company Triple-A. In a new report, Triple A says the number of people who own cryptocurrency is now 562 million, up by about 34% from 420 million in 2023. Of the countries worldwide, the United Arab Emirates has the highest […]
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