Friday, October 4, 2024

Banks to use Taylor Swift network for crypto transaction trials

That's what I saw when flying through headlines. For future reference dear Blockworks, it's an acronym*, all caps.

From Blockworks, October 3:

Banks to use Swift network for crypto transaction trials
Institutions to test out the settlement of “digital assets and currencies” on a network that annually carries more than 5 billion financial messages
*Society for Worldwide Interbank Financial Telecommunications

I have enough trouble trying to understand crypto headlines:

TeraWulf sells $92 million stake in nuclear-powered bitcoin mine to fund AI diversification

Or:

Polymarket Bettors Say HBO Documentary Will Name Len Sassaman as Satoshi Nakamoto

***Spoiler Alert***

Did I do that right or does the warning precede the reveal? And is Les Nessman/Satoshi real or fictional?