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Beijing banned banks and payment firms from providing services related to crypto-currency transactions. It also warned investors against speculative crypto trading on Tuesday. On Wednesday afternoon, Bitcoin recovered some ground, although it was still down Crypto-currency trading has been illegal in China since in order to curb money-laundering.



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‘This is my life’: The 29-year-old crypto star in charge of $3.6b


Circle, FTX and others are supporting an alternative for payments that works with a variety of crypto tokens, including the USDC stablecoin. Solana Pay is an open protocol for developers with standardized payment specifications to build on and customize. But Solana believes it has solved some of the problems that have held crypto payments back. Companies that helped develop and support the protocol include Solana Labs, which initiated the project; Checkout.

Solana Pay is an open protocol for developers with standardized payment specifications to build on and customize, meaning merchants can connect directly or use software built by ecommerce providers, point-of-sale software-makers or payments companies. Bitcoin and Ethereum suffer from slow speeds and high transaction costs. Solana Pay also has consumer-friendly features: Users can pay in person using a QR code or online using a browser plug-in.

Solana Pay is meant to be a digital version of a cash payment. Still, some merchants and consumers may want protections. This includes a standardized destination, currency, amount, transaction identifiers and descriptive text fields so the merchant can confirm that a transaction was completed. The actual details of the transactions, such as who paid and what was purchased, are not public on chain.

Shere, who has worked for AmEx and Google, sees Solana Pay as different from other crypto offerings because of its strong stablecoin integration. He argues that Ethereum is too slow to settle and too costly and Lightning is focused more on paying with cryptocurrency versus exploiting blockchain technology.

Circle, the primary developer of USDC, worked on developing the Solana Pay standards, and has integrated Solana Pay with payments software it offers merchants as well as its treasury management product. Meanwhile, this direct wallet connection with customers opens up new possibilities, Shere said. One example is someone buying shoes with Solana Pay and receiving a matching NFT in the same transaction.

Smart contracts could also create offers or rewards that sit in a crypto wallet. That means merchants and consumers will have more incentives to take the plunge in crypto payments. Tomio Geron tomiogeron is a San Francisco-based reporter covering fintech. He was previously a reporter and editor at The Wall Street Journal, covering venture capital and startups.

Before that, he worked as a staff writer at Forbes, covering social media and venture capital, and also edited the Midas List of top tech investors. He has also worked at newspapers covering crime, courts, health and other topics. He can be reached at tgeron protocol. The story of game studio Bungie is littered with irony. The company later split with Activision to once again go fully independent. The Bungie ouroboros speaks in many ways to the nature of modern gaming.

The industry is consolidating rapidly as large platform owners race to build out more expansive software and services ecosystems to sell new hardware and stay ahead of potentially disruptive new forces like subscription gaming and the cloud. And in Bungie, Sony has found a company with unparalleled technical expertise, strong intellectual property and a devout customer base. Bungie will soon hold a unique title as both an Xbox- and PlayStation-owned studio over the course of its more than year history.

But as part of the dwindling list of independent, third-party game makers, Bungie stands to benefit more from joining a major platform than continuing to stick it out alone.

Bungie has that in spades. Sony won the PS4 era by focusing on making really enticing games you could only play on its console, and then behind the scenes vigorously defending its ecosystem lock-in to keep PlayStation prosperous and Xbox stuck in second. But the industry is shifting toward a live service, cross-platform future and Sony appears to be adjusting to this new reality, albeit in very careful fashion. It bought small- and medium-sized studios known best for making really good PlayStation games, turning those studios into exclusive powerhouses that have helped define its console brand.

The Bungie deal feels different. But it feels very much like Sony has woken up to the direction the games business is headed, and why studios like Bungie, long at the forefront of social and technical world-building, might be the kind of secret weapon the PlayStation platform needs to chart a path forward.

Like anything worthwhile, it takes work, lots of flexibility and a whole lot of trial and error. Annette Reavis is chief people officer at Envoy, a workplace platform that helps modern workplaces manage hybrid work. In November of last year, I started a new position at a company that creates great hybrid workplaces. Our San Francisco office has been open since last June, and our community is growing and thriving as we get to know each other.

We operate on two principles: 1 making workspaces where people feel safe and comfortable and 2 the belief that people do their best work together and in person. Bringing people together helps us flex our community-building skills. But thanks to omicron, everything old is new again. A former colleague recently asked how I help my people cope. It takes determination and trial and error. And most importantly, learning from those errors.

Three things I stress with my people team: first, flexibility; second, a business plus mentality; and third, work-life blend.

In December, we asked office workers across the country how their companies could do better during this pandemic. What would empower them as employees? Which benefits, if any, would impact whether they stay or go? Nearly half agree that the freedom to split time between the workplace and home and the ability to choose which days to come in are extremely important, right up there with traditional work benefits like matching k plans or paid time off. Flex work helps all of us find some semblance of control in the middle of an uncontrollable pandemic.

Giving options makes people happier and less stressed. This leads to a greater desire to participate, which helps us build our communities and culture. For example, we recently reassessed and relaxed a two-day per week in-office policy because of the omicron surge. Health and safety come first.

Pre-pandemic, it was easier to engage and connect on a personal level when we worked in the office. It was organic. We spent time chatting and hearing the latest from our colleagues — their vacation to Hawaii or how their eldest is off to college.

On Zoom, we tend to get down to the business of getting work done. Taking a few minutes to ask your co-workers about how things are going, however brief, matters. Touchpoints help us develop rapport, which builds stronger relationships that help us do good cross-functional work. Work-life balance assumes everything should be equal.

It never is. When I was at Facebook, there were days I had a deadline, which meant I might not make dinner with my boys. But I also never missed that soccer game at three in the afternoon. Work-life blend is about the in-the-moment trade-offs and choices we all have to make everyday.

Does work come first in this moment, or is it family? My job is to help people recognize these choices, the potential trade-offs, and the flexibility they may already have, especially now. This is arguably one of the most important ways to help people get through this pandemic. I have confidence in the physical workplace for many reasons. One of the most compelling is that people crave it, and will continue to gravitate to it.

I can relate. Google was the biggest winner in , while Apple, Amazon and the console makers all saw their market share slip. Dongles used to be the easiest way to get streaming onto TVs. Now, consumers turn to smart TVs with embedded apps instead. Janko Roettgers jank0 is a senior reporter at Protocol, reporting on the shifting power dynamics between tech, media, and entertainment, including the impact of new technologies.

Previously, Janko was Variety's first-ever technology writer in San Francisco, where he covered big tech and emerging technologies. He has written three books on consumer cord-cutting and online music and co-edited an anthology on internet subcultures. He lives with his family in Oakland. Not all device-makers were equally affected by the surge of smart TV viewing. Image: Conviva.

As in previous reports , Conviva once again observed huge regional differences. Also worth noting: While Google has seen massive growth for its smart TV efforts, its global market share is still comparably small.

Altogether, Chromecast and Android TV captured just One major reason for this is the global chip shortage and its uneven effects on regional manufacturing. While Chinese smart TV makers were struggling to replenish empty shelves last year, their South Korean counterparts fared comparably better. Streaming patterns seem to be undergoing significant shifts in Asia as well. One day, we will all don AR glasses, capable of serving up information geospatially tied to every house and place in our neighborhoods.

But who will own and control these spatial AR layers? A small but growing number of startups and crypto initiatives have begun selling and renting out AR spaces tied to real-world addresses.

It's the stuff of nightmares: The other day, I found my property occupied by a stranger, who was renting it out, Airbnb style. Someone had acquired my property in Upland , a blockchain-powered game that allows people to buy, develop, rent out and sell virtual land parcels based on real-world property borders. However, Upland has big ambitions, which include eventually expanding into AR, and providing its data via APIs to third-party developers who may one day be able to build their own game and nongame applications with it.

And the company is not alone: A small but growing number of startups and crypto initiatives have begun selling and renting out AR spaces tied to real-world addresses. This brings up a ton of questions: Who should have the rights to an AR layer tied to a physical address?

What does it mean that these AR properties are being divided up among early adopters before most people even know they exist? Will we see the same issues that have plagued real world real estate, including gentrification and displacement, replicated in AR? Maybe I should just let it go.



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Bitcoin sold off sharply Wednesday. When bitcoin sneezes the rest of the crypto complex catches a cold because the dominant digital asset has increasingly become a gauge of sentiment not just in nonconventional markets but as a measure of risk appetite more broadly. The stock market also saw substantial selling on the day, which abated somewhat by the closing bell. Read: Why the China crypto crackdown helped spark a bitcoin crash — and could feed a backlash.

In response, Monica Dinculescu made Font fashion matcher, a improbable instrument When you add an additional $four per month, theft and loss insurance.

Bitcoin Halving

Can bitcoin surpass the dollar in popularity and make El Salvador the first state to operate entirely with a private currency? This piece was original published in Money Review and El Economista. In September , the government of El Salvador became the first to make bitcoin legal tender. This means it can now be used to make payments and settle debts, if businesses have the technology to accept it. Importantly, one of the implications of this legal change is that if creditors do not accept settlement of debts in bitcoin, then that debt is cancelled. It is worth mentioning that El Salvador has been fully dollarised since , in other words, it does not have its own currency but has relied entirely on the US dollar. The recent law means that the bitcoin will now operate alongside it.


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crypto monthly change font

Bitcoin, a digital asset, was originally seen as a new type of currency. But its growing popularity has exposed its limitations as money while vastly increasing its price, making many of its early adopters millionaires. As a result, it is now primarily seen as a speculative investment Baur et al, The price of Bitcoin is highly volatile, and it often makes the news for dramatic rises and falls.

June 22,

Blockchain & Cryptocurrency Laws and Regulations 2022 | Switzerland

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Coffee with a side of crypto advice at Thailand's HIP Coffee & Restaurant

The dramatic pullback in bitcoin and other cryptocurrencies comes as a flurry of negative headlines and catalysts, from Tesla CEO Elon Musk to a new round of regulations by the Chinese government, have hit an asset sector that has been characterized by extreme volatility since it was created. The recent slide is a reversal from the dramatic rise that started in the second half of last year. Crypto has seeped into pockets all over our society and you had a confluence of events -- a combination of Tax Day, Elon Musk tweets, whatnot, where you started breaking down the positivity in the price action, and now we've got a liquidation event," longtime bitcoin bull Mike Novogratz said Wednesday on CNBC's " Squawk Box. Part of the reason for bitcoin's weakness seems to be at least a temporary reversal in the theory of broader acceptance for cryptocurrency. Several payments firms announced they were upgrading their capabilities for more crypto actions, and major Wall Street banks began working on crypto trading teams for their clients. Coinbase , a cryptocurrency exchange company, went public through a direct listing in mid-April. However, Musk announced last week that Tesla would no longer accept bitcoin as payment , citing environmental concerns.

Exchange trading volumes continue to increase. For the 6-month period ending March , Mexican exchange Bitso saw trading volume increase %. Between.

Crypto Flash Crash Wipes Out Billions

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January has been the worst month for bitcoin since the pandemic-induced panic selling of March , however the price is showing strong signs of recovery. On-chain trends have offered some hope to investors that this market reversal may continue, with data from analytics firm Glassnode revealing that long-term holders are refusing to sell. Bitcoin exchange reserves are also falling, suggesting a potential supply squeeze that could force the price up in the short term. You can follow all the latest cryptocurrency news, analysis and expert price predictions right here. The prices of leading cryptocurrencies including bitcoin, ethereum, cardano, and solana have surged in the last 24 hours with the overall crypto market growing by about 1. The leading cryptocurrency has surged by about 5 per cent compared to its value a week earlier.

Bitcoin prices fell to their lowest rates since October 13 on Tuesday evening, according to data sourced from CoinDesk — a New York-based news site specialising in cryptocurrencies - that cited a number of factors behind the crash.

Bitcoin is a cryptocurrency invented by an unknown group of persons. You may buy or sell bitcoins on a bitcoin exchange. Any bank or government does not control the currency. Blockchain is the core technology behind bitcoin and other cryptocurrencies. It is a public ledger of information that records all bitcoin transactions.

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