Terraform Labs has raised $25 million in a new round from Galaxy Digital, Coinbase Ventures, Pantera Capital and others.

The stablecoin for e-commerce creator has already proven people will use its volatility free tokens in decentralized finance (DeFi), to buy synthetic stocks, and plans to attract blockchain denizens to even more use cases.

“We look forward to using the funds for building key pieces of infrastructure in the Mirror Protocol for synthetics, Anchor Protocol for savings and other killer DeFi applications to make Terra’s algorithmic stablecoins the centerpiece of the decentralized finance movement,” Terraform’s co-founder Do Kwon said in a press release.

Terraform Labs is behind a platform for minting different stablecoins for e-commerce that mimic the value of various fiat currencies. It’s also behind the Chai payments app, an e-commerce wallet that’s widely used in Asia and powered by stablecoins.

“The Terra ecosystem has brought the benefits of programmable money to commerce and will do the same for finance,” Pantera Capital’s Paul Veradittakit said in a press release.

Previous investors Hashed, Arrington XRP and Kenetic Capital also participated in what Terraform Labs is calling a “growth fundraising round.”

“Terra has already made a successful payment case for more than 2 million users in the Korean market, and is also rapidly growing in the DeFi space,” Simon Kim, CEO of Hashed, said in a press release.

Founded in 2018, with a co-founder behind one of Korea’s larger e-commerce sites, Terra launched with $32 million in backing from Binance and Polychain, among others. Each Terra stablecoin (such as TerraUSD or the one tracking the South Korean won, TerraKRW), relies on the system’s LUNA token to maintain its peg.

LUNA is the governance token for the blockchain, as the white paper explains. It is minted and burned in order to enforce the peg for any Terra stablecoin, so the governance token absorbs the volatility to defend its stablecoins’ utility.

Most entrepreneurs on Ethereum agree that DeFi Summer never would have happened had stablecoins not proved they could stay stable.

The Terra stablecoins are notable because they operate outside the Ethereum ecosystem, the platform most associated with DeFi. Terra’s blockchain is Tendermint-based, making it part of the larger Cosmos ecosystem.

Terraform says that its blockchain generates $13 million in fees annually. Its payments system, Chai, has 2 million users and sees $1.2 billion in transaction volume using its TerraKRW stablecoin, which tracks the price of the South Korean won.

Last summer, Terraform teased a DeFi savings platform called Anchor, which generates a better interest rate for savers by backing proof-of-stake networks. Originally slated for October 2020, it’s currently projected to go live in the first quarter of 2021.

“On Anchor the protocol work is done but we are doing integrations with a well known partner so we can launch together. Almost there,” Kwon told CoinDesk in a followup email.

Terraform also dropped a new synthetic equities market last month called Mirror. This enables anyone anywhere to buy tokens that follow the price of any equity in the U.S. stock market.

The new funding will be used to expand those use cases, build new DeFi projects that use its tokens and extend its interoperability to additional blockchains, Terraform said.

“We love the expanding use case of the base payments product and the incredible new demand for LUNA that products like Mirror are creating,” Michael Arrington, founder of Arrington XRP, told CoinDesk in a text message.

Working as a globally-acclaimed digital asset custodian for DeFi and CeFi systems, Hex Trust has announced its strategic collaboration with Terra, a leading brand name in stablecoins and blockchain firms. The two powerful blockchain-focused entities will lay in joint efforts to expand their network coverage and widen their service range for customers. They will strive together to curate an infrastructure that will streamline the overall financial processes for crypto lovers. As part of the collaboration, Hex Trust will infuse Terra blockchain into its fully licensed custody portal and also leverage support for the staking of Luna Token. Luna is the native token of Terra’s Delegated Proof-of-Stake blockchain network that facilitates staking and governance within the network for the owners. Terra offers a strong channel of powerful stablecoins that are pegged to reliable fiat currencies. This helps the owners to enjoy stability and liquidity for their Terra-supported digital assets effectively. Stablecoins uses a well-defined protocol and algorithm that ensures price stability by fluctuating the overall money pool at the right phase. For providing security and other stability services to the ecosystem, the stakers of Luna Token are given rewards out of transaction charges and seigniorage. Its investor pool includes Polychain Capital, 1kx, Kenetic Capital, Binance Labs, Arrington XRP, FBG Capital, Hashed, etc. The Chai payment app built on the Terra blockchain has added on to the network’s popularity. The app is used by more than 3% of South Koreans to pay for various services. On the other hand, Hex Trust provides security to digital assets through its duly licensed and regulated custodian portal, Hex Safe. It facilitates secured access to DeFi and CeFi networks along with other third-party channels offering lending, borrowing, exchange, and staking services. Regarding the partnership, Calvin Shen, Chief of Sales and Business Development in Hex Trust, stated that his team is excited to collaborate with Terra that has proved its mettle in the Korean crypto market. They will help Terra in its aim to evolve as a leading blockchain payment solution across countries.

After months of development, the Cosmos (ATOM) project has launched the Stargate update, which includes the highly anticipated Inter-Blockchain Communication protocol, or IBC.

Announced on Thursday, the Stargate upgrade includes a series of improvements to the Cosmos protocol and its Software Development Kit.

The most important of Stargate’s features is IBC, the interoperability layer for Cosmos blockchains. The protocol is one of the key elements of the Cosmos vision, allowing for effortless interoperability between Cosmos SDK blockchains and other blockchain protocols. IBC allows bridging tokens and arbitrary data between all blockchains it supports, primarily those built with the Cosmos SDK. Other blockchains can also be supported, but they require case-by-case implementations.

There are a number of projects that have been built with the Cosmos SDK in the past, including Binance Chain, Kava, Terra and Secret. Before the introduction of IBC, the networks were siloed and the individual projects had to create their own bridges to connect to the wider blockchain ecosystem. Brian Kerr, CEO and co-founder of Kava, told Cointelegraph that the project spent “years of developer time and millions of dollars in investment to construct the custom bridges that exist today,” notably for the Binance ecosystem.

The launch of IBC would “accelerate the rate at which Kava can add bridges to other Cosmos-SDK chains, offer its services, and use their assets as collateral,” Kerr explained.

While IBC also supports interoperability with blockchains built on Substrate, the blockchain framework championed by Polkadot, other blockchains outside of these ecosystems will remain somewhat difficult to integrate within Cosmos.

Stargate also carries a host of other performance improvements. These include support for the Protobuf serialisation format, a more efficient mechanism for streaming data; State Sync, which allows nodes to synchronize with a Cosmos blockchain in less than 30 minutes; Automatic upgrades for the blockchains built on the SDK and improved light client security that improves IBC connection guarantees. Stargate has been in development for months, with Cosmos issuing a dedicated bug bounty to ensure its safety.

IBC is currently live on the Cosmos hub, home to its ATOM token. The hub is an important component of the Cosmos ecosystem, allowing its blockchains to communicate with each other without having to establish dedicated connections. The communication protocol is available on the Cosmos SDK, meaning that it is up to each team to roll the implementation out.

A number of DeFi applications within Cosmos would benefit from easier interoperability. With IBC, the blockchains can connect to most major DeFi ecosystems outside of Ethereum, which notably includes Binance Chain. Kerr said that “Kava is designed as an Apple store,” allowing only vetted projects to build on its platform. “While this makes Kava one of the most trusted platforms for enterprises seeking DeFi solutions, it does limit the rate at which developers can quickly deploy code and iterate on ideas,” Kerr noted. Ethereum and Binance Smart Chain provide an environment with less oversight, which makes both of them valid options for building DeFi, according to Kerr.

Other DeFi options on Cosmos include Secret Network, a privacy-centric blockchain for smart contracts, and Terra, a stablecoin-centric ecosystem. “There are hundreds of Cosmos-SDK chains that will be able to connect with IBC,” Kerr noted.

ATOM, the native cryptocurrency of the Cosmos blockchain protocol, has rallied by over 100% in the past week. 

Analysts are attributing the rally of ATOM to two major fundamental factors. First, in recent weeks, layer one blockchain protocols, like Avalanche (AVAX) and Polkadot (DOT) have gone through a major rerating.

Second, the utility of ATOM that enables holders of the cryptocurrency to earn through swap, gas, and transaction fees could make it more compelling for investors.

The term rerating is used in the cryptocurrency market to describe when the value of a cryptocurrency rises rapidly after stagnating for a prolonged period.

Typically, rerating occurs when the market finds that a cryptocurrency is undervalued due to fundamental reasons or a certain catalyst buoys the potential of the blockchain protocol.

Cosmos is primed for a rerating because other layer-one blockchain protocols, like Polkadot, have seen massive rallies throughout January and February.

Currently, as of Feb. 13, the valuation of Cosmos hovers at around $5 billion. In comparison, Polkadot’s valuation is at around $27 billion, more than five times higher.

More importantly, compared to other layer one blockchain protocols, Cosmos has major decentralized platforms and blockchain projects launched on top of it.

Most notably, Terra and Binance Smart Chain are both based on the Cosmos blockchain. The valuation of the two blockchain projects alone are above $22 billion.

Technically, BNB is the native token of both Binance Smart Chain and the Binance ecosystem, but nonetheless, the valuation of the two projects alone surpass that of Cosmos.

A pseudonymous DeFi investor known as “SpiderCrypto” said ATOM is undervalued compared to other blockchains. The investor said:

A pseudonymous Cosmos validator Immasssi also emphasized that the tokenomics of ATOM, which allows users to benefit from the fees generated from the Cosmos ecosystem, makes ATOM more attractive.

Similar to DeFi projects that have cash flow and a token that lets users earn through staking, the validator said ATOM holders will earn transaction fees from packets routed through the Cosmos hub. He said:

 Additionally, the long-term sentiment score for ATOM has risen significantly this year alongside Terra LUNA's, suggesting that the rerating of Cosmos may continue, particularly if the DeFi sector continues to grow.

In this opportunity I’m glad to present you DENARIS: the Terrae game cryptocurrency. DENARIS is an ERC20 token built on Ethereum platform and will facilitate players trading digital assets inside game. Since DENARIS complies with ERC20 standards, it will be also posible to trade it in crypto exchanges against other cryptoassets.While some players will become great warriors and base their economy charging taxes over ruled lands, others will become land workers and will base their economy on businesses, selling raw materials like wood or food, or processed materials like bronze or steel. Due to its location, some players will be able to obtain more scarce and precious materials such as diamonds and other precious minerals. If these materials become a necessity in the dynamic evolution of Terrae, players will be willing to exchange them for other owned resources. Finally, some players may specialize in training long-range archers, or high-resistance warriors, which will motivate other players to hire their services.These dynamics explain almost naturally the need for a market where the supply and demand of players can be found. Likewise, it is necessary to have a universal currency in the world of Terrae, which allows assigning value to the different assets to facilitate exchanges.We believe that in the long term Terrae will develop a complex economy, which will assign value to the assets evolving organically. Some players may have significant monthly income by selling their production, trading or simply collecting taxes on their land. It would not be desirable for the value assigned to the assets within Terrae to depend on an external economy, which is not related to the game. For example, if the exchanges were made using ether, the value of the assets would fluctuate all time, giving an economic uncertainty to the players and demotivating them. If, however, Terrae’s economy is based on its own currency, we believe that the value of the currency will be given by the value that users give to the game resources, which were ultimately produced with their own time, work and dedication. The economy of Terrae will be an independent economy, skeptical of other crypto platforms.1/ To buy/sell units and economical resources in the marketplace:Suppose I’m gold producer and I need archers to defend my frontier. I can train them in my own lands, or instead, I can sell a portion of my gold production in the marketplace and then use the DENARIS tokens I got in return, to buy archers from another players.2/ To receive taxes payments: Land rulers will be able to charge fees on marketplace when trading involves players who live in lands under their domain. These fees will be payed in DENARIS tokens. Land rulers may withdraw that tokens out of the game and exchange them by bitcoins, or just use them to strengthen their armies and expand their kingdoms.3/ To buy cosmetic collectibles: Cosmetics are digital goods that players demands to express themselves customizing their characters. Their main feature is that they don’t generate any competitive advantage within the game. Banners, flags, shields, buildings, armors and other assets could be customized. All collectibles are stored in blockchain as Non Fungible Tokens and could be traded in the marketplace.4/ DENARIS can be used in future games produced by Sideblock Studios, the company behind Terrae Game.5/ DENARIS may also be used in third party games in case we set partnerships.At the beginning of the game, 10 million DENARIS tokens will be minted. The amount of DENARIS tokens will be fixed Instagram — LinkedInProject Lead at Terrae Game. Blockchain Researcher at CoinFabrik. My GitHub: https://github.com/fedecacciaMassive Multiplayer Online Blockchain Based Strategy War Game

Solana — a U.S. blockchain firm — has partnered with Binance-backed stablecoin issuer Terra to create wrapped stablecoins for decentralized finance (DeFi) apps on the Solana platform. According to a published by Solana on Thursday (April 16, 2020), the partnership enables the creation of a token bridge that will allow the deployment of Terra stablecoins on the Solana platform. An excerpt from the announcement reads: As part of the stablecoin transfer interface, Solana plans to create two distinct smart contract protocols to be deployed on both platforms. Via a mint-and-burn model, these mirrored smart contracts will allow users to mint stablecoins on Solana while burning a corresponding token value on Terra. A transaction will only be completed if the user can submit a proof of burn. According to Solana’s announcement, the mint-and-burn process works both ways thus creating a “two-way wrap.” Together, the partnership strives to leverage Solana’s transaction processing capabilities which reportedly reaches 50,000 transactions per second (TPS) and Terra’s payment infrastructure. The use of stablecoins means DeFi Solana DeFi users will not have to deal with issues stemming from the price volatility associated with unpegged cryptocurrency tokens. With more than 1 million active users, Terra’s CHAI payment network is reportedly gaining some traction in South Korea with a daily transaction exceeding $3 million. The partnership with Solana could help to expand the reach of the CHAI platform which could improve DeFi adoption in South Korea. As previously by BTCManager, South Korean venture capital giant Kakao invested in Terra with both companies to create a blockchain ecosystem for decentralized apps (dApps) and stablecoins. South Korea’s once bubbling crypto and blockchain market has since been hit with volume and optimism stemming from unfavorable government laws. Projects have been abandoning the local market and listing their tokens on overseas exchanges. At the start of March, the country’s parliament cryptos in the country. However, the cost of compliance associated with the regulatory provisions enacted by lawmakers could be burdensome for small and medium scale crypto and blockchain firms.

The Kraken cryptocurrency exchange is launching a venture capital operation that will focus on investing in the cryptocurrency and fintech space. According to Kraken, Kraken Ventures will be headed by Brandon Gath, Kirill Gourov, and Akshi Federici and will operate independently from the exchange business.

Kraken Ventures will be targeting early-stage startups, with investment sizes between $250,000 and $3 million. In addition to funding, the startups backed by Kraken Ventures will also have access to the extensive experience and resources that Kraken has built out over the years.

Here’s what Brandon Gath about the new venture:

"We will take a hands-on approach with our portfolio companies to provide guidance, new commercial opportunities and additional capital support. The possibility to leverage Kraken’s experience building a truly global, scalable platform enables us to support our portfolio companies from inception to market leadership."

Gath told The Block that the company already has »multiple investments« in the pipeline which will be disclosed in the coming months.

According to Kraken’s announcement, Kraken Ventures is open to making investments in a wide variety of areas, including sectors like artificial intelligence and RegTech (regulatory technology).

Venture capital firms have been very active in investing in cryptocurrency and blockchain startups. In Q3 of 2020 alone, VCs poured in almost $900 million across more than 200 deals. With cryptocurrency currently being in the middle of a bull market, VC investments into the space could be poised to accelerate further.

Kraken is not the only crypto exchange to launch a venture capital arm – Binance (Binance Labs) and Coinbase (Coinbase Ventures) both have their own VC operations. Binance Labs has invested in projects such as Terra, Dune Analytics and Elrond, while Coinbase Ventures has backed the likes of Compound, Bison Trails and BlockFi.

Kraken handled just over $2 billion worth of trading volume in the last 24 hours. Its most popular trading pair was BTC/USD, which accounted for $317 million worth of trades.

Bitcoin (BTC) is trading 5.2% higher over 24 hours to press time at $52,254 late Wednesday. 

What’s Moving: When the world’s apex cryptocurrency shot above $51,000 late Tuesday it drained the momentum out of altcoins. As of press time, cryptocurrencies besides Bitcoin have found their momentum as well. 

Ethereum (ETH), the second-largest virtual currency by market capitalization, traded 6.8% higher at $1,904.8. Among other smart contract platforms-based cryptocurrencies,  Cardano (ADA) is up 6.8% at $0.91 and Polkadot (DOT) is up 3.7% at $31.95.

See also: Best Cryptocurrency Apps

Litecoin (LTC), a fork of Bitcoin, is up 9.3% at $233.36. The Graph (GRT) has surged 15.4% to $2.28.

Binance Coin (BNB), which backs the Binance cryptocurrency exchange, is up 28% at $166.27. 

Dogecoin (DOGE) remains muted, down 4% at $0.05, following Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk’s calls for whales to divest.

Several DeFi cryptocurrencies are outperforming Bitcoin over 24 hours, with UniSwap (UNI) up 10.2% at $21.91, Aave (AAVE) up 13.2% at $462.22, and Terra up 17.4% at $7.21. 0x traded 6.78% higher at $1.61 and SushiSwap (SUSHI) is up 8.94% at $16.56.

The total value locked in DeFi projects continues to rise, standing at $41.8 billion at press time, as per data from DeFi Pulse.

Why It’s Moving: The momentum in the cryptocurrency market is continuing based on rising institutional investor interest — a factor that analysts have considered key to this rally that took off last July.

Cryptoquant  CEO Ki-Young Ju noted a positive Coinbase Premium trend — even as Bitcoin traded above $50,000 — as a signal that the rally is likely to continue.

Microstrategy Inc (NASDAQ: MSTR) said Wednesday it was upping the target for its debt offering from $600 million to $900 million to fund its purchase of Bitcoin.

Financial website The Motley Fool announced it was purchasing $50 million worth of Bitcoin.

TradingAnalysis.com founder Todd Gordon told CNBC Wednesday that Bitcoin's next resistance level won't come until at about $170,000. Meanwhile, JPMorgan thinks the current Bitcoin price is "unsustainable."

Read Next: Tesla $1.5B Bitcoin Purchase Was Facilitated By Soon-To-Go-Public Coinbase: Report

The ongoing bullish cycle is yet to hit its local top despite Bitcoin brushing shoulders with $48,000 (new record high). Ethereum and Cardano are at the helm of the rally as far as altcoins are concerned.

Binance Coin has gone ballistic with gains surpassing the recent $100 prediction to achieve new all-time highs at $140. Other altcoins performing incredibly well are Uniswap, EOS, Terra, Huobi Token and Filecoin.

The king of cryptocurrencies has settled above $46,000 after trading new highs at $48,000. The recent spike from $38,000 happened after Tesla, the company founded by Elon Musk, announced the purchase of $1.5 billion worth of BTC. Meanwhile, the pioneer cryptocurrency appears to have secured higher support, allowing bulls and investors to gather the strength for another rally beyond $50,000.

The Relative Strength Index (RSI) on the 4-hour chart validates the consolidation by levelling around 70. A return into the overbought region will signal another upswing and perhaps call for more buy orders. Bitcoin needs to break past $48,000 to kick start the next rally above $50,000.

BTC/USD 4-hour chart

Ethereum is trading at $1,790 after a minor retreat from highs beyond $1,800. A new all-time high has been formed at $1,840, but the journey to $2,000 appears to have been temporarily halted. Finding higher support will secure the uptrend by confirming to investors that stability exists in the market.

The RSI has reinforced the short-term breakdown on the 4-hour chart. A bearish divergence from the price adds credibility to the correction. This deviation comes into the picture when the price forms higher lows while the RSI creates a series of lower highs.

In the event support at $1,750 fails to hold, the smart contract token will drop to $1,700. The 50 Simple Moving Average on the 4-hour chart is also in line to provide support if the bearish leg extends under $1,700.

ETH/USD 4-hour chart

The cross border token is gradually reclaiming the recently lost support levels. After ricocheting off support at $0.35, its recovery journey has been remarkably consistent. The recent break above $0.45 and $0.5 opened the door for gains eyeing $0.65.

However, XRP might retreat to $0.5 before resuming the uptrend due to the overbought conditions, as shown by the RSI. Therefore, bulls must be keen to hold the price above $0.5 and secure the uptrend and thwart losses that could retest $0.45.

XRP/USD 4-hour chart

Bitcoin temporarily pauses the rally to highs above $50,000 following the gigantic spike from $38,000.

Ethereum is seeking higher support before resuming the battle for new record highs above $2,000.

Ripple sets for higher price levels following a steady recovery from the immediate support at $0.35. Support at $0.5 will play a key role in averting losses that may retest $0.45 and $0.35 anchor levels.

Enter your e-mail to join other freedom seekers who choose to see the world as it really is... and get a free report that explains the big picture. We respect your privacy,plain and simple. Ten years ago the cypherpunks were almost entirely forgotten. But now and quite shockingly to those of us who were involved cypherpunks are cool again. More than that, the discoveries of the cypherpunks are starting to change the world in a serious way.That being so, Id like to briefly recap what the cypherpunks discovered, because what these people found was a new world a terra nova.Our new territory was created by a combination of the internet and encryption. The internet gave us unlimited community, and encryption became our city walls, allowing us to separate ourselves from the rest of the world.The first cypherpunks, being clever lads, began using the internet and encryption because they were interesting and fun. Shortly, however, they realized that they were actually building a terra nova and were instantly confronted with a huge question: How should we arrange our new world? That cranked everything into high gear.I didnt know this passage from Tom Paines Common Sense (1776) at the time, but it captures the astonishing thought that sprang from the discovery of terra nova:We have it in our power to begin the world over again.Not all was sweetness and light, however. Encryption was considered a munition, and exporting it was highly illegal. But it was easy to see that public key encryption (actually key exchange, published by Diffie and Hellman in 1976) was the perfect technology for the internet and the internet was not limited to the USA.So, a group of the clever lads hatched a plan in 1991: Theyd write a nice little encryption program and send it around the world. An anti-nuke advocate named Philip Zimmerman drove the project but everyone involved wanted to avoid the jail sentence that would come from exporting their new program. They did have one trick available to them, however: the First Amendment.So, they took the program, called Pretty Good Privacy, or PGP, and printed it as a book. And since books are protected speech, they pushed copies of the book into envelopes and mailed them to friends in Europe. Once on the far side of the Atlantic, the books were keyed back into computers and turned back into a program and then distributed everywhere.Zimmerman very nearly went to jail (based upon an upload to a BBS system), but the world received strong encryption.Once you begin exchanging encrypted messages with friends, one of the next ideas to cross your mind is, Gee, some kind of electronic currency would be really nice to go with this. (David Chaum, for example, began working on digital cash after he invented cryptographic mixes back in 1981.) And once you start imagining encrypted commerce, you quickly realize just how radical this technology can be.One by one this thought dawned upon us all. I wasnt among the very first to grasp it, but by the mid-1990s I was struck by it as well. In a continuing education course I conducted for Iowa State University, I wrote this:Another huge thing in years ahead will be electronic cash for Internet commerce. Electronic cash can be transferred on-line instantly, inexpensively (almost free), and, if encrypted, privately. Think about this for a minute it will change the world.The awesome power of encryption is not something that is instantly grasped.The quote above is from Julian Assange (also a cypherpunk), and its quite true. Encryption, after all, is merely applied math, and math is built into the structure of the universe.Now, to illustrate just how strongly the universe favors encryption, please consider this:It is roughly 2100 (2 to the 100th power) times harder to decrypt a message than it is to encrypt it (unless you have the key).Engineers debate this number of course, but its clearly in that range. Here it is precisely:1,267,650,600,228,229,401,496,703,205,376So, when people like Satoshi Nakamoto, creator of Bitcoin, talk about an arms race between cypherpunks and old-world power, dont simply assume that the old way will win[1]You should also know that post-quantum encryption already exists and is being incorporated into leading edge systems. jQuery("#footnote_plugin_tooltip_1").tooltip({ tip: "#footnote_plugin_tooltip_text_1", tipClass: "footnote_tooltip", effect: "fade", fadeOutSpeed: 100, predelay: 400, position: "top right", relative: true, offset: [10, 10] });.But while the cypherpunks dropped off the radar for a couple of decades, they still produced things like BitTorrent, The Onion Router network (aka Tor, or the darknet), I2P (an even better darknet), a variety of digital cash systems, privacy systems (including the first commercial VPNs), and even commercial tools like digital escrows and dispute resolution.The big, new cypherpunk creations, however, everyone knows: WikiLeaks and Bitcoin. Ive explained WikiLeaks before and we have a report on Bitcoin, so Ill leave those aside for today. But suffice it to say that a cypherpunk world has been building for some time and may form much further in the years ahead.A Planet Cypherpunk would be a radically different place from our current Planet Status Quo, and that scares some people very badly.That fear isnt rational of course. The ancient world is very happily long gone. We live better and behave better. The rational choice, then, is to keep that progress going, and that necessarily includes change, including radical new adaptations.Status quo systems, however, major on fear. Thats the secret ingredient that keeps their game together. And so right-thinking moderns have been trained to fear anything new. Thats not rational, but it makes people feel safe.But rather than conducting a further discourse on why Planet Cypherpunk would be better than Planet Status Quo, Ill simply leave you with the conclusion of one of the very first cypherpunk documents: Timothy C. Mays Crypto Anarchist Manifesto, published in November 1992:Arise, you have nothing to lose but your barbed wire fences!* * * * *A book that generates comments like these, from actual readers, might be worth your time:Get it at Amazon ($18.95) or on Kindle: ($5.99)* * * * *Paul Rosenberg www.freemansperspective.comReferences[ + ] We respect your privacy,plain and simple. I am sorry to announce that John Perry Barlow, the author of The Declaration of the Independence of Cyberspace (also lyrics writer for The Grateful Dead, founder of EFF, and much more) , died February 6th. He will be missed. er-1947-2018http://projects.eff.org/~barlow/Declaration-Final.htmlThe WikiLeaks emails are still mostly secret, but weve put together a free short report containing the most important ones. These are things that every Westerner, and certainly every American, should see. Theres way more going on behind the scenes than you ever imagined.You are not currently logged in.Many of us, either in whole or in part, have withdrawn our consent from the current ruling regime. Up till...

Blockchain payment system and stablecoin issuer Terra has added South Korean music streaming platform Bugs to its e-commerce alliance.As CoinDesk Aug. 14, there are now 25 partners in the Singapore-based companys South Korea-focused payment ecosystem.The Terra Alliance uses payment solutions provider CHAI as its front-end. CHAI incorporates a mobile payments app which connects to 15 major local banks. Terras blockchain-based platform then sits in the background, linking payments to e-commerce sites.Terra co-founder Daniel Shin said that the platform is smoother than the legacy payment systems in South Korea, The value chain for payments is convoluted. There are six or seven players, and everyone takes a cut. We streamline the process.Earlier this month, Terra announced a partnership with fashion platform Sinsang MarketSouth Korean regulatory uncertainty is a hindrance Shin notes that regulatory clarity would be helpful for the cryptocurrency sector, explaining the difference between South Korea and the United States. In the U.S., if something is not illegal then it can be done. However, in South Korea, entrepreneurs should not attempt something unless it is specifically codified, according to Shin.Before, it was crypto no, blockchain yes, he said. Now it is more like blockchain yes, private crypto yes, public and listed crypto no.While regulators in the country may still view crypto assets with some skepticism, blockchain technology is enjoying adoption across various sectors with South Koreas oldest bank recently announcing that it is building a blockchain-based security system.

U.S produce distributorTerra Exports accepted its first Bitcoin transaction in early November this year, when a customer in Singapore casually mentioned they were looking into using cryptocurrency at a business level.Were all about entrepreneurial thinking and embracing change, so if that means we need to innovate on how we get paid, we are happy to do it, company president Nils Goldschmidt said.Since then, Terra Exports has received Bitcoin payment on three other occasions, from customers both in the U.S. and in India.Personally I see cryptocurrency as a game-changer thats here to stay, and what our customers need today. Our role as Terra Exports is to simplify and stream-line our customers purchasing needs, so they can in turn focus on what really matters to them. If accepting Bitcoin facilitates this, then we are happy and proud to say we are already making it happen, he said.The company said offering the ability to be paid in Bitcoin goes hand in hand with its entrepreneurial vision but its not something it is pushing onto customers.When asked about the currencys stability, Goldschmidt said: Im not nervous about a bubble at all, because were not holding the coin and speculating (thats not our business).As soon as we receive payment, we convert it to USD immediately and deposit the funds into our bank account. While were all about embracing change and innovation, were also quite risk-averse and fiscally conservative.Bitcoin is described as a peer-to-peer electronic cash system, an electronic coin that would replace money transfers that are currently controlled by the financial system.www.freshfruitportal.comName (Required) E-Mail (Required) Destination E-Mail Message Your email address will not be published. Required fields are marked *Comment Name * Email * Website E-mail Password Remember Me E-mail First Name Surname Password Confirm Password Your Name (required) Your Email (required) Subject Your Message Photo Your Name (required) Your Email (required) Subject Your Message Photo

Blockchain payment system and stablecoin issuer Terra has added South Korean music streaming platform Bugs to its e-commerce alliance.As CoinDesk reported Aug. 14, there are now 25 partners in the Singapore-based companys South Korea-focused payment ecosystem.The Terra Alliance uses payment solutions provider CHAI as its front-end. CHAI incorporates a mobile payments app which connects to 15 major local banks. Terras blockchain-based platform then sits in the background, linking payments to e-commerce sites.Terra co-founder Daniel Shin said that the platform is smoother than the legacy payment systems in South Korea, The value chain for payments is convoluted. There are six or seven players, and everyone takes a cut. We streamline the process.Earlier this month, Terra announced a partnership with fashion platform Sinsang MarketSouth Korean regulatory uncertainty is a hindrance Shin notes that regulatory clarity would be helpful for the cryptocurrency sector, explaining the difference between South Korea and the United States. In the U.S., if something is not illegal then it can be done. However, in South Korea, entrepreneurs should not attempt something unless it is specifically codified, according to Shin.Before, it was crypto no, blockchain yes, he said. Now it is more like blockchain yes, private crypto yes, public and listed crypto no.While regulators in the country may still view crypto assets with some skepticism, blockchain technology is enjoying adoption across various sectors with South Koreas oldest bank recently announcing that it is building a blockchain-based security system.

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