Twitter is launching a dedicated crypto team

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What

Twitter sets up crypto team to explore decentralised apps

Why

This marks the latest push by chief executive Jack Dorsey to embrace digital assets and decentralised apps and the ballooning communities around them.

What next

Tess Rinearson will lead efforts to build the platform’s blockchain offerings

Twitter has hired Tess Rinearson to lead the new Twitter Crypto team and “set the strategy for the future of crypto at (and on) Twitter”.

Jack Dorsey, co-founder and CEO of Twitter and a renowned bitcoin enthusiast, has long said he wants to integrate digital assets into Twitter’s future, after successfully introducing bitcoin support to the payments company Square that he also runs, two years ago.

In September, Twitter said it was introducing a new tool that will allow users to send tips to others for their content using bitcoin. It also said it was creating a feature for verifying non-fungible tokens (NFTs), digital collectibles that have exploded in popularity this year and that some Twitter users use as their profile pictures.

To learn more about blockchain technology and how it works, click here.

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Team Luno

On our way to the moon, we write about all things crypto. And don’t forget we’re humans too. Our blog conveys the views of Luno and the many unique opinions and characters within our team. We’ll never provide you with financial advice, and we urge you to conduct your own research before purchasing or trading any cryptocurrencies. It’s a brave new world out there, and the market can be volatile at times, so never trade with funds you can’t afford to lose. Want to let us know how much you love our blog? Tweet us @LunoGlobal.

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