Coinbase spent $25 million today to revive UpOnly, the crypto podcast that was launched in 2022. Evernorth, a Ripple-linked company, plans to list XRP treasury at $1 billion. Jack Dorsey has stirred up a new debate about Bitcoin’s place in crypto.
Coinbase invests $25M in a podcast to bring it back from the bull run
Coinbase spent $25 Million on its crypto exchange acquire and burn The UpOnly crypto podcast, once popular, is being revived with a token that’s non-fungible.
Coinbase CEO Brian Armstrong confirmed The word “that” is a phrase that means, “that which”. “rumors are true” On Tuesday, the company added that it bought the NFT Bring back UpOnly for another Season.
The podcast featured popular crypto figures and was very popular in the year 2021. Before the exchange, FTX sponsored it. collapsed.
In the history of crypto, this NFT is now the 5th most expensive NFT sold.
Evernorth, a Ripple-linked company, will go public with a $1B SPAC in order to create XRP treasury.
Evernorth Holdings is a digital assets company that has ties with RippleLabs. plans to go public The merger will allow Armada Acquisition Corp. II to become a publicly listed digital asset Treasury firm.
SoftBank has a long-standing relationship with Japan’s SBI Holdings. The $200 million investment is part of the deal. Ripple will also be supported by Pantera Capital as well as Kraken, GSR and GSR. said.
Evernorth announced that funds raised will be used for the construction of one the world’s biggest XRP (XRPThe digital assets are purchased by treasuries on the open market.
The combined company will be listed on Nasdaq with the ticker XRPN.
Evernorth’s CEO Asheesh Birla stated that the new investment vehicle was designed for a variety of purposes. “accelerate XRP adoption” The growing popularity of decentralized finance (DeFi), which offers public market investors a means to access XRP as well as digital asset strategies.
What exactly is Bitcoin? Satoshi ‘Nakamoto’ weighs-in
Jack Dorsey is the founder of Twitter, and an avid supporter of Bitcoin. has reignited debate in the crypto community His latest remarks on BTC.
Dorsey took X to Sunday post A brief statement “Bitcoin is not crypto,” The 4,000+ comments generated a large response.
Many people believe that BTC is the work of an anonymous BTC creator Satoshi Nakamoto BitcoinBTC( ) is a “peer-to-peer cryptocurrency” Dorsey first appeared on Bitcointalk in 2010 highlighted The word “currency,” Underlining its financial roots.
Dorsey is a long-time Bitcoin enthusiast and early adopter. rumored to have played a role in Bitcoin’s creation. Earlier this year, Seán Murray of deBanked published a list of circumstantial evidence suggesting as much, though it remains unverified.
Dorsey denied In a 2020 Lex Fridman interview, Nakamoto states: “No, and if I were, would I tell you?”
Dorsey looks at Bitcoin’s roots said the Bitcoin white paper — the foundational document introducing BTC in 2008 — makes no reference to “crypto,” Backing his claim that BTC is different from other industries.
The white paper is a better alternative describes The Bitcoin currency is a “purely peer-to-peer version of electronic cash” You can also read about the advantages of using “electronic payment system based on cryptographic proof instead of trust.”
Satoshi Nakamoto posted a Bitcointalk message in July 2010. referred Bitcoin is a cryptocurrency “digital currency using cryptography and a distributed network to replace the need for a trusted central server.”
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Source: cointelegraph.com
