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Nalezeno "backed": 1215

RFK Jr. Pledges Support for Bitcoin-Backed Dollar and Tax Exemption for BTC


US Democratic presidential candidate Robert F. Kennedy Jr. has said he is in favor of a tax exemption on Bitcoin (BTC), while also unveiling a plan to partly back the US dollar with “real, finite assets” like Bitcoin. “Like Singapore, Germany, Switzerland, Puerto Rico and Portugal, a Kennedy...

Celo, backed by A16z, proposes a transition to Ethereum Layer 2


cLabs, the core developer of the Celo blockchain, has unveiled a bold plan to transform its Layer 1 network into a Layer 2 solution built on Ethereum. This strategic move aims to enhance security guarantees and improve the overall functionality of the platform. The proposal, shared on...

Sam Altman-Backed Worldcoin Reaches 2 Million Signups


Worldcoin, a startup that aims to build the “world’s largest identity and financial network as a public utility,” has reached two million sign-ups. The company, which uses its biometric World ID system to differentiate human beings, stated it has more than doubled the number...

IMF Has Not Seen Specific Proposal on BRICS Currency


The International Monetary Fund (IMF) has not seen any specific proposal on a common BRICS currency. However, the IMF acknowledges the presence of “slow-moving trends” indicating shifts in the currency composition of reserves and trade. The Fund’s statement followed reports that...

Kim Dotcom-Backed Crypto Startup Bitcache Liquidated in New Zealand


Bitcache, a crypto startup backed by Kim Dotcom, has been liquidated, reportedly over unpaid legal fees. Phil Creagh, an Auckland lawyer who acted as Bitcache’s director until Sept. 2020, is reported to have applied for the startup’s liquidation on May 24. Bitcache’s Unpaid Legal Fees A...

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