Wednesday, August 9, 2023

Sex workers who relied on crypto for storing wealth and accepting payment, bypassing the banking system entirely, are finding the limits of crypto's utility (Joel Khalili/Wired)

Joel Khalili / Wired:
Sex workers who relied on crypto for storing wealth and accepting payment, bypassing the banking system entirely, are finding the limits of crypto's utility  —  Banks and payments companies have long penalized sex workers.  Many thought crypto would be a solution, but now exchanges are dumping them too.



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UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center buildout across Europe, the US, and the Asia Pacific (Mauro Orru/Wall Street Journal)

Mauro Orru / Wall Street Journal : UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center bui...