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Power historically shifts from governments to people. Democracy is the product of revolution and disruptive innovation b...
04/04/2022

Power historically shifts from governments to people. Democracy is the product of revolution and disruptive innovation by those who abhor the elitism of aristocracy and monarchy, who fear the single-mindedness of theocracy, and who see the impracticability of communism. More than ever before, governments represent fairer and more trustless social contracts. How do we merge the rule of law with “code is law,” and can we have both?

As we behold the unstoppable force of decentralization, we must acknowledge the following: mass communication, intercontinental travel, widespread literacy, internet proliferation, pro-democracy movement, and the emergence of gig economies.

Luke Kim, originally from Tokyo and Seoul, is a co-founder of Berkeley Blockchain Xcelerator, a co-inventor of two blockchain-based public finance models in partnership with a U.S mayor’s office, Partner at Truth Cartel, and co-founder of Startup Grind Berkeley. He is an investor and advisor to changemakers in the world of Web3.

Dubai announced the first school to accept crypto fee payments in the Middle East.The school will be accepting payments ...
03/29/2022

Dubai announced the first school to accept crypto fee payments in the Middle East.
The school will be accepting payments in Bitcoin and Ethereum.
The school promises a safe and advanced legal framework.
Dubai announced the first school, Citizens school, to accept tuition fee payments in crypto. The school will be accepting payments in Bitcoin and Ethereum as it opens its doors by September 2022.

The school promises to offer flexible payment options in addition to traditional forms of payments and interest-free monthly payment options that Citizens School will offer. As explained, payments in crypto will be accepted in a tie-up with a digital currency platform that processes cryptocurrency payments and automatically converts them to Emirati dirhams (AED).

This move to crypto payments follows the Dubai government’s recent adoption of its first law regulating virtual assets, as it promises a safe and advanced legal framework for investors.

The founder of Citizens School, Dr. Adil Alzarooni, said:

A while ago, cryptocurrency was only a floating term among well-versed investors. However, today cryptocurrency is becoming much more mainstream, reshaping the traditional financial system.“Similarly, Citizens is disrupting the education sector by re-imagining every element of the learning experience – be it the way our children learn, how we equip our teachers to be mentors, what our learners choose to wear, or the ways that parents can pay for tuition.
He also showed support to the next generation and the digital economy of the UAE, saying “By introducing this new payment facility, we look forward to enhancing the role of young generations in achieving the UAE’s digital economy. As more people embrace the era of digitalization, today’s children will become the entrepreneurs and investors of tomorrow.”

Wombat Exchange , a hyper-efficient multichain stableswap backed by Binance, has successfully closed a $5.25 million Ser...
03/29/2022

Wombat Exchange , a hyper-efficient multichain stableswap backed by Binance, has successfully closed a $5.25 million Series A funding round led by Animoca Brands and Hailstone Ventures. Additional investors in the round included BNB Chain, TPS Capital, GSR, Zokyo, Lunar Station, Eureka Trading, Silverstone, Unanimous Capital, and CryptoWesearch.

With this latest round of funding, Wombat’s valuation has increased to $70 million since its seed round investment led by Binance Labs in November 2021. Capital from this round will accelerate Wombat’s product development and expansion.

“Wombat Exchange has put together a solid and experienced team to develop a stableswap that has the potential to significantly advance the growth of DeFi. We’re looking forward to seeing Wombat’s meaningful contribution to the BNB Chain and its adoption in the multichain world.”

Greenpeace, along with other climate groups, and co-founder and executive chairman of Ripple, Chris Larsen, has launched...
03/29/2022

Greenpeace, along with other climate groups, and co-founder and executive chairman of Ripple, Chris Larsen, has launched a new campaign aimed at changing Bitcoin (BTC) to a more environmentally friendly consensus model.

The “Change the code, not the climate” campaign aims to pressure key industry leaders, Bitcoin miners, and influencers like Elon Musk, and Jack Dorsey, into moving over to a new consensus model saying

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