$83,642.00
-1.38%$1,825.34
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-0.58%$119.60
-4.03%$0.999964
0.00%$0.165903
-2.97%$0.65321
-2.37%$0.235655
-1.14%$1,824.01
-2.92%$83,535.00
-1.17%$3.82
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-0.30%$13.21
-4.22%$0.262978
-1.71%$0.999941
-0.15%$2,188.54
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1.55%$18.62
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-0.55%$83.30
0.29%$4.06
-0.76%$6.33
1.57%$301.07
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-0.85%$216.53
-0.87%$5.98
-2.86%$5.23
-0.45%$2.53
-3.06%$0.0000072
-4.10%$1.046
0.00%$47.86
-0.06%$83,651.00
-1.54%$22.41
-1.30%$34.24
-0.07%$0.099609
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0.26%$0.989224
-0.77%$5.19
-2.23%$16.42
-1.26%$154.93
-5.24%$1.16
0.26%$4.40
2.10%$1.00
0.00%$0.02207185
-3.75%$9.34
-8.91%$217.69
-3.88%$2.77
-1.46%$0.337608
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0.64%$2.94
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-1.80%$83,599.00
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24.38%$0.713659
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-2.64%$4.47
6.08%$1,308.72
-4.02%$1,827.25
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-3.32%$0.066172
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15.25%$0.999779
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0.54%$0.1666
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-1.80%$3,179.11
1.21%$0.836365
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0.02%$601.69
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1.16%$0.560303
5.93%$0.66208
2.03%$0.517797
-3.41%$83,490.00
-1.45%$2.14
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-1.72%$0.263557
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0.03%$0.105998
2.91%$31.11
-1.77%$0.166136
-1.61%$0.999138
-0.07%$0.375494
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1.02%$1.88
7.28%$0.00005634
-4.04%$0.999154
-0.04%$6.74
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-4.19%$2.84
-5.68%$131.73
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0.13%$0.136129
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2.73%$0.488411
2.29%$0.069945
-2.96%$82,268.00
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-0.01%$0.999735
0.00%$1.66
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-2.86%$27.18
-0.39%$15.66
-3.00%$0.00473968
-3.65%$1,938.31
-3.00%$0.398648
10.41%$1.00
-0.12%$0.00000043
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-15.30%$0.690693
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-1.23%$0.459061
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-3.22%$83,933.00
-0.64%$0.082031
0.37%$1,824.69
-3.30%$1.00
0.30%$110.54
0.01%$0.139117
-4.48%$1.14
-2.19%$1,824.96
-2.71%$44.81
-7.50%$1,826.72
-3.09%$1.047
-3.03%$0.04084337
-3.77%$0.00001952
-0.09%$0.387421
-4.66%$1.11
0.43%$5.81
-5.04%$0.082593
9.86%$0.184824
5.99%$83,439.00
-1.29%$1,904.34
-2.69%$0.562205
-3.44%$0.448283
-3.22%$0.0062292
-1.74%$0.999207
-0.01%$0.829329
0.23%$0.00000169
2.78%$0.99943
0.23%$0.00652328
-3.05%$1,826.10
-3.32%$0.191349
-3.56%$0.352704
-2.45%$0.409065
-5.40%$0.00006067
3.24%$1.001
-0.02%$1,808.53
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-16.37%$2.82
2.84%$0.03158681
1.16%$0.542869
-2.07%$0.00487198
-2.76%$0.00918585
4.44%$117.20
-1.88%$1.44
-1.68%$0.0035745
-5.39%$0.03012174
-4.51%$1.00
0.07%$1,810.68
-3.16%$0.00324793
10.01%$1.16
-3.66%$1,827.26
-3.21%$0.230594
-2.40%$0.9993
-0.01%$2.91
-0.09%$1.15
-4.37%$0.104022
18.40%$0.612678
-2.50%$83,519.00
-1.27%$21.79
-1.47%$3.37
-2.97%$3,154.53
0.68%$0.226553
-4.31%$82,384.00
-2.74%$1,922.90
-2.90%$0.517156
0.43%$0.186782
-3.05%$1,998.74
-2.94%$15.29
-1.62%$0.118851
0.83%$0.243123
-3.93%$1,981.52
-2.99%$0.520562
1.16%$21.17
0.35%$1,683.77
-1.32%$0.00309544
-5.16%$0.02901565
-2.10%$1,831.50
-2.67%$0.675761
-2.53%$0.100454
-2.30%$0.06194
-3.58%$0.03281157
-4.05%$0.00216855
-0.44%$0.01109301
-2.13%$0.903607
-4.93%$0.519233
0.84%$0.999861
0.03%$0.998023
-0.08%$83,724.00
-1.09%$0.0274004
-4.69%$0.00034622
-24.12%$0.615059
-2.81%$0.847349
-2.01%$1,960.52
-2.97%$0.00445405
-2.86%Reading
Circles, an ambitious crypto project that promises a “Basic Income on the Blockchain,” launched today.
After 7 years of dreaming about it, discussing it, dismissing it, adjusting it and finally implementing it, @CirclesUBI - "universal basic income on the blockchain" - or just "better money" went live today!
— Martin Köppelmann (@koeppelmann) October 16, 2020
Circles, which just launched on the xDai Ethereum sidechain, gives each of its users a basic income in the form of a cryptocurrency called “Circles.” Theoretically, the value of a Circle, which at present is unclear, increases as more people use the network.
The protocol issues Circles to all of its users each week. Upon signup, you'll receive 100 Circles. Then, you’ll receive about 14 Circles each week; the value should inflate by 7% each year.
Anyone can create an account, but to verify it you’ll need “3 incoming trust connections,” according to an FAQ on the site. This means that three people must invite you to the platform.
Amid the coronavirus pandemic, universal basic income (UBI) is having a moment. With national lockdowns driving unemployment in countries around the globe, even some of the world’s most conservative governments are considering giving their citizens a universal basic income—for free. The premise of universal basic income is simple: to deal with mass unemployment, layoffs, and economic crisis, some governments are proposing to write a check to everyone in their country, regardless of their age or...
The Berlin-based company, which launches as Germany experiences a second wave of the coronavirus pandemic, advises that you only verify other users if you know someone in person. However, many users have posted their invitation codes on Twitter.
— shi xl (@shixl5) October 17, 2020
You can only send your tokens to people that “trust” you. Trusting, in Circle terms, means that there’s a direct link between you and another person. However, you can also send Circles to people in your trusted friend’s trust network, as part of Circles’ “transactive trust” feature.
The project has been a long time coming. Its initiator, Martin Köppelmann, said in a tweet that the idea was conceived about seven years ago. Upon launch, its website struggled to handle the activity and its servers crashed.
Also so many of you are trying to join Circles that it's taking our servers down, we are scaling up as quickly as we can!
— Circles (@CirclesUBI) October 17, 2020
U.S. Senator Ted Cruz (R-TX) has introduced a new bill aiming to turn waste energy into electricity for Bitcoin mining. The Facilitate Lower Atmospheric Released Emissions (FLARE) Act, introduced on March 31, is geared towards making waste energy productive by capturing gas that would otherwise be flared or vented. The plan is to incentivise this capture by offering full expensing for property used to capture that gas. My legislation, the FLARE Act, incentivizes entrepreneurs and crypto miners...
Shoppers in Singapore can now use crypto to pay for gadgets on the Sony Store Online. In a statement on Tuesday, Sony Electronics Singapore said it has enabled USDC payments through crypto exchange Crypto.com’s payment service, marking the company’s first local move into direct crypto transactions. The feature allows customers to check out using USDC, a stablecoin pegged to the U.S. dollar. It’s currently exclusive to the Sony Store Online and available only via Crypto.com’s payment system. Wi...
The Trump family is digging deeper into Bitcoin—this time, with a mining venture backed by Eric Trump. The President’s son is teaming up with Miami-based Hut 8 to launch American Bitcoin Corp. The mining operation aims to go public and become one of the largest in the country, according to a Bloomberg report on Tuesday. The announcement marks another step in the family’s broader crypto strategy after the launch of World Liberty Financial in October and the USD1 stablecoin in March. “It’s excitin...
