New York regulators have approved two stablecoins by Paxos Trust Company and Gemini Trust Company that will be tied to the U.S. dollar and available on their respective exchanges starting Monday. Stablecoins are cryptocurrencies designed to be worth a fixed amount—often $1—but tradeable instantaneously across borders, like other tokens. Coinbase was one of the first crypto companies to show that...
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Are Reporters Too Negative? Well, It Depends
These days, when I ask sources in Silicon Valley what I should write about, I get some version of: “The big story is really how great everything is going.”At that I roll my eyes. As a journalist, I’m wired to believe that the hype isn’t always as it appears. But lately I’ve been thinking more about the negative consequences of—well, being so negative. Because it’s also true that these...
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