Thursday, March 28, 2024
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Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product – Bitcoin News

On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a stablecoin concept that leverages derivatives contracts to create a

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Banking Platform Galoy Raises $4M for Bitcoin-Backed Synthetic Dollar

“Bitcoin has brought digital transactions to previously unbanked communities across Latin America, Africa and beyond,” said Galoy CEO Nicolas Burtey in a press release. “However, its volatility makes managing financial obligations difficult. With Stablesats-enabled Lightning wallets, users are able to send from, receive to, and hold money in, a [U.S.

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How A Game-Changing Decentralized Synthetic Exchange Aims to Unlock the True Value of Commodities and Digital Assets On-Chain

The barter system, where you trade your cow for someone else’s grains, for instance, is probably older than you think. It has its roots dating back to 6000 BC when Mesopotamian tribes first made exchanges with other groups. Those methods of exchange worked well before things like the Internet or decentralized

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A Possible Russian Crypto Ban and Vitalik’s Synthetic Womb: This Is 2022

Finally, the gang unpacked Buterin’s baby pod idea, which he floated as a means of female empowerment:“Disparities in economic success between men and women are far larger once marriage+children enter the picture. Synthetic wombs would remove the high burden of pregnancy, significantly reducing the inequality,” he wrote on Twitter. Original Source

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