Twitter inventor Jack Dorsey made it possible for anyone to become a broadcaster through social media services, but is now embarking on mediating the cryptocurrency world.

As CEO of Bitcoin Fan and mobile payment provider Square, Dorsey Tweet thursday He was creating a new company, “building an open development platform for the sole purpose of facilitating the creation of unmanaged, unauthorized and decentralized financial services.” .. Our main focus is #Bitcoin. His name is undecided. “

Knowing Dorsey, I’m not sure if TBD will actually be her real name or undecided. “We intend to do it completely open. Open roadmap, open development, open source, ”he said.

Reported by Hannah Murphy from San Francisco It is one of the first major projects of this kind. Decentralized finance, or the initial market for DeFiThe cryptocurrency project seeks to build a cryptocurrency-denominated interlocking financial system that eliminates traditional middlemen. Proponents say they offer new ways to access financial services, from loans and trade to insurance and savings products.

Back in the more established world of the cryptocurrency exchange, Binance It’s getting harder and harder.. Lithuania’s central bank said on Friday that a Vilnius-based payment company Binance was offering “unlicensed investment services” in the country. Hong Kong market regulators have also issued a warning regarding the exchange’s stock token exchange program, which had already come under scrutiny in the UK and Germany. Binance said it would shut down the token system for “trading” reasons.

Richard Waters’ last column Make sure the Robin Hood and Cryptocurrency Coinbase trading apps have become the vector for a boom in personal investment and speculation, and have become the two most visible beneficiaries of this boom.

John Thornhill sees Digital property in the form of NFT. It is an irreplaceable token that allows authors to use blockchain technology to establish ownership of digital assets. Frank Portnoy went further – Buy and race the virtual thoroughbred charlie race for profit and joy, and to experience the joy and danger of NFTs.

Internet of Things (5)

1. Diddy’s scrutiny intensifies in China
China’s powerful national spy agency and six other government departments have taken the unusual step of placing investigators in Didi’s office to conduct security investigations into the carpool service group. It was. This review is the first time the Secret Department of Homeland Security has publicly announced that it will be temporarily based on internal staff. Reported by Yuan Yang from Beijing..

2. Ericsson has been hit in China by the Huawei ban
from Ericsson Falling sales in China As Swedish telecommunications equipment makers have warned, Sweden could face retaliation after Chinese rival Huawei has banned the construction of 5G networks. Revenue generated in Asia’s largest economy in the second quarter increased from Kroner 4.1 billion ($ 470 million) a year ago to Kroner 1.5 billion, and Ericsson sales to l The group’s scale fell for the first time in three years. Did.

3. The UK invests in a start-up
British government Planning a big investment Promising UK start-ups as part of a wider campaign to support the tech industry, including revising competition rules and issuing ‘new tech visas’ to attract talent. Prime Minister Rishi Sunak will invite founders and tech entrepreneurs to the summit on Tuesday to launch Future Fund Breakthrough, a £ 375million fund to invest in a small number of high-growth R & D companies.

4. Pay later
When Apple switches to Buy Now, Pay Later, Note from John Gaper The average UK credit card outstanding balance in March was £ 1,560, but according to Klarna the average user balance is £ 48, which is used more like a debit card than a credit card. Rex sees Pay,
Indian digital payment application. It would be threatened with more than $ 2 billion in services, worth about $ 25 billion. This allows users to trade gold, play games, buy and even reserve Covid-19 vaccines, but struggle to make any money.

5. Our worship
The Wall Street Journal’s Eliot Brown and Maureen Farrell have talked too much about the WeWork office rental group in this new book. Andrew Edgecliffe-Johnson Reviews The most notable fact about WeWork is that it’s not that business twists as old as office rental have collapsed. That is, Messianic co-founder Adam Neumann persuaded so many people that his creative, loss-making start-up could change the world.

Technical tools – Candle and photo speakers

If you’re looking for a speaker that fits into your home rather than being boring, Sony and Sonos will work with Ikea to get a new product. Ikea’s $ 199 Symfonisk This is a Sonos WiFi speaker disguised as a photo frame. Available in white or black frames, there are also different interchangeable fronts to suit the style of your home.Sony € 315 LSPX-S3 The wireless speaker provides the sound of a glass body that sparkles like an open flame in candle mode. It can even sparkle on your music, Which hi-fi system to report..