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Proposed South Carolina Bill Lets State Treasurer Invest 10% Of State Funds In Bitcoin

March 30, 2025 coiner

Yesterday, Rep. Jordan Pace reintroduced Bill H. 4256, The “Strategic Digital Assets Reserve Act Of South Carolina”, into South Carolina’s House of Representatives. Highlights from the bill include the fact that it enables the State Treasurer to invest up to 10% of the funds under the state’s management into digital assets, including bitcoin, and that the state’s Strategic Digital Assets Reserve can include up to one million bitcoin. The bill also states that the reason for establishing such a reserve is because “inflation has eroded the purchasing power of assets…

New Optimism wallet lets users receive crypto via Twitter login

July 27, 2023 coiner

A new wallet that has launched on Optimism allows users to generate an address without storing seed words, and the account can be saved using an ordinary Twitter login. Called “Beam,” the wallet runs in a browser window and requires no downloads, according to a July 27 announcement from its developer. It also allows users to send transactions on Optimism without owning Ether (ETH). INTRODUCING BEAM The first self-custody payments wallet built for the mainstream — no download or signup required. Beam is the easiest way on the planet to…

New Web3 ID app lets users find each other based on proven interests

June 27, 2023 coiner

A Web3 app launched on June 27 lets users prove their social credibility using blockchain technology, according to an announcement from the app’s development team. Called “Quivr,” it lets users connect apps they regularly use, such as Spotify, Steam, Apple Music and others. Based on their behavior in these apps, Quivr generates blockchain badges that prove their interests or membership within communities, which can then be used as a way of identifying users who have common interests. Quivr has launched on the Apple App Store, with an Android and web…