A profile of Ant International, Ant Group's cross-border payments unit using AI and blockchain for treasury management, which handled $1.1T in cash flow in 2024
a very elaborate form of an IOU. Process ~30 seconds,then money paid to merchant in local $’
Coinbase plans to delist wBTC next month, as Justin Sun gains influence over the wBTC protocol; Coinbase launched its wrapped bitcoin, cbBTC, in September 2024
cbbtc, Coinbase, Justin Sun, WBTC—by Protos Staff X: @coinbaseassets : We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent review, Coinb...
California regulators close SVB and name the FDIC as the receiver to protect insured deposits; SVB ended 2022 with ~$209B in assets and $175.4B in deposits
banks, lawyers, etc — and it's a minor but not insignificant screening mechanism. https://twitter.com/... Jason Zweig / @jasonzweigwsj : If you want to create a perverse incentive for banks to become ...
Microsoft delays the release of Surface Earbuds, which it said earlier were coming in the fall, until Spring 2020
Microsoft's October hardware event brought many new devices to market, but it was Surface Earbuds that had an IOU for release. While the original plan was to have at least …
Faced with $69M bitcoin theft, Bitfinex has dodged bankruptcy and repaid customers after issuing IOU tokens
Bitcoin exchange dodged bankruptcy with markets-centered plan — Sets precedent for dealing with digital currency disasters — After hackers stole $69 million from Bitfinex last year …