Dorsey and Dorsey ignite BTC discussion as Coinbase revives UpOnly

Coinbase has paid 25 million dollars to revive UpOnly’s crypto podcast, which was originally scheduled for 2022. Evernorth is planning a $1 Billion listing for XRP Treasury, while Jack Dorsey sparked a debate on Bitcoin’s position in the crypto-world.

Coinbase spends $25M on a podcast that was created during the previous bull market

Coinbase, a crypto exchange that has invested $25 million in its development. acquire and burn The UpOnly crypto podcast, once very popular, is being revived with a token that’s not fungible.

Coinbase CEO Brian Armstrong confirmed The word “that” is a phrase that means, “that which”. “rumors are true” The firm purchased the NFT The UpOnly Podcast will return for a second 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 treasuries.

Evernorth Holdings is a digital assets company that has ties with RippleLabs. plans to go public Through a merger, Armada Acquisition Corp. II a Nasdaq listed special purpose acquisition (SPAC) was merged with the company in order to tap into growing demand from institutions for publicly traded digital assets treasury companies.

SoftBank has a long-standing relationship with Japan’s SBI Holdings. The $200 million investment is part of the deal. Ripple is also expected to provide additional backing, as are Pantera Capital and GSR. said. 

Evernorth stated that the funds would be used to construct one of the largest 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 Asheesh Birla, CEO of Evernorth said that this new investment vehicle has been designed with the investor in mind. “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 is Bitcoin, if it’s not crypto? Satoshi Nakamoto, the rumored Satoshi weighs in

Jack Dorsey created Twitter, and is a big supporter for Bitcoin. has reignited debate in the crypto community With his recent comments about what BTC is truly.

Dorsey walked to X in Sunday’s X post A short message that states “Bitcoin is not crypto,” More than 4,000 responses sparked a huge response.

Many people believe that BTC is the work of an anonymous BTC creator Satoshi Nakamoto BitcoinBTC( ) is a “peer-to-peer cryptocurrency” Dorsey was a member of the Bitcointalk forum 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 examines the origins of Bitcoin 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.

White paper instead describes Cryptocurrency Bitcoin is an alternative to traditional currencies. “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.”