According to Mark Cuban, the growth of DOGE is limited by Robinhood’s withdrawal policy (and not, apparently, by its being a joke coin with stale code). But yeah, Mark, makes sense that the fundamental value of a crypto project is in how quickly profits can be taken off after a pump on a gamified trading platform.
*****
Ireland wants all crypto companies to comply with KYC and AML laws. If any crypto is found to fund the IRA, the company gets a favorable tax rate.
*****
Helium, the Google-backed and blockchain-powered IoT network, is going to have 5G coverage. Anyone can help keep the network going and earn crypto by running a node ($1-5k cost). So now, anyone with $1,000 can basically set up their own cell tower and proudly tell Verizon: “Can you hand over your profits to me now? Good.”
*****
Surprising no one, Binance is going to launch an NFT marketplace this summer. It’s just trying to decide on a name between Barible, BopenSea, and Bifty Bateway.
*****
With their new partnership, the Gemini exchange and Mastercard will this summer release a crypto credit card with 3% crypto cash back on purchases. The credit card will have a variable APR of 5% - Moon.
*****
Do you run a node? Which one(s)?
