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Twitter Is Launching a Dedicated Crypto Team

Posted by Gerald Roberts on November 11, 2021 - 1:33am Edited 11/11 at 1:36am


Author:
Tanzeel Akhtar.
 

The social media giant has tapped Tess Rinearson to lead its new team focused on decentralizing social media.




 

Twitter is launching a dedicated cryptocurrency team as it continues to support the adoption of digital assets and decentralized apps.

  • Twitter has tapped Tess Rinearson to lead its new cryptocurrency team. Prior to joining Twitter, Rinearson worked at Tendermint on the consensus engine Tendermint Core, and previously worked at the software payments firm Interstellar.
     
  • In her Twitter thread announcing the move, Rinearson wrote that “First, we’ll be exploring how we can support the growing interest among creators to use decentralized apps to manage virtual goods and currencies, and to support their work and communities.”
     
  • “Looking farther ahead, we’ll be exploring how ideas from crypto communities can help us push the boundaries of what’s possible with identity, community, ownership, and more,” Rinearson continued.
     
  • She also said that the group will be working to “help shape the future of decentralized social media.”
  • Currently, Twitter allows users to send and receive bitcoin-denominated tips via third-party payment channels.

    200+ simple crypto exchange with competitive fees, 24/7 live chat support, newbie-friendly.
     
 
















DISCLOSURE

The leader in news and information on cryptocurrency, digital assets, and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.


 

Simon Keighley Great to read Twitter is focussing on decentralizing its social media - thanks for sharing, Gerald.
November 11, 2021 at 9:49am
Gerald Roberts Twitter appears to be trying to keep up with the constantly evolving crypto universe. Good for them
November 11, 2021 at 1:40am
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