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Binance Card, a highly anticipated crypto debit card by Binance, will support four cryptocurrencies at launch.

Binance’s highly-anticipated cryptocurrency debit card, Binance Card, is officially debuting in countries of the European Economic Area, or EEA.

Binance told Cointelegraph on July 14 that EEA-based users will be able to apply for a Binance Card starting in August. While the United Kingdom will follow in the near future, users in other regions are invited to “register their interest” via the Binance Card website, the firm said.

As previously reported, Swipe is currently available in 31 countries within the EEA, including countries like France, Germany, Italy, and Spain, among others. Swipe is not yet available in the United States, but the firm is purportedly planning to release the service soon after completing appropriate licensing and registrations.

Four cryptos available at the launch

According to the announcement, Binance Card will support a total of four cryptocurrencies at the launch. Those cryptos include Bitcoin (BTC), Swipe’s native SXP token, as well as Binance’s native token BNB and stablecoin, Binance USD (BUSD).

According to the announcement, the Binance Card rollout will allow users to instantly convert the cryptos to fiat and spend them at over 60 million merchants across 200 regions and territories.

Bitcoin’s recent mining rewards halving that took place just a couple of months ago went off without a hitch and has had a negligible adverse impact on the dynamics seen amongst the cryptocurrency’s miners.



Revolution Populi is trying to displace Facebook by creating a social network where users can post and share information about their lives, “but advertisers pay them, not Facebook.” The network is just the first of many distributed apps that the company plans to release in the near future.

The idea in itself does not sound novel, as there have been quite a few projects in the crypto space that have tried to return data ownership to users. However, perhaps the most interesting aspect of the project is that Gelernter serves as a chief visionary officer.

Gelernter first made a name for himself in the 1980s through his contributions to the field of parallel computing. Later, in 1991, he published the book Mirror Worlds, which foreshadowed the development of the World Wide Web, including the social networking phenomenon. The acclaim likely attracted the unwanted attention of Ted Kaczynski, aka the Unabomber. On June 24, 1993, Gelernter was severely injured when opening a package filled with explosives.

he company's CEO, Rob Rosenthal, told Cointelegraph that the social network is just one of the three legs of the stool they are building:

“It's obnoxious enough that they take our sovereign property, sell it and keep all the money. But there are much bigger problems out there as a result. I mean, it is the public square. They do control everything on this public square. As you've mentioned, the data resides in their private database. [...] We have a solution that we're calling a three legged stool approach. It is not just a social net, by the way. It's an ecosystem.”

The other two legs are the decentralized database, which will be structured as a decentralized autonomous organization, or DAO, and the third leg is the exchange or market for data.

The company will purportedly unveil its own blockchain in the coming weeks, which will serve as the backbone for the “stool." Rosenthal was also quick to emphasize that Gelernter is actively involved in the day-to-day activities of the company. In fact, he designed the user interface for the social networking app.

This is a weird year for everyone and everything, but it’s a particularly weird year for Ethereum.

Why? The second-largest blockchain by market cap and the largest by contributing developers has always been known for having lots of events. COVID-19 has put the kibosh on that.

“These folks are in a state of constant BUIDLing” Amanda Cassatt, a ConsenSys alum who launched its Ethereal event series, told CoinDesk in an email. “Ethereum is also, by design, a uniquely collaborative community. These factors contribute to the prevalence of and enthusiasm for in-person events.”

Ethereum turns five on July 30, 2020. CoinDesk is marking five years of Ethereum with a series of retrospective stories and live-streamed Twitter conversations. There are even some “Easter eggs” for eagle-eyed readers. Tune in to our CoinDesk Live sessions July 27-31 at 4 p.m. Eastern each day or call +1 (661) 4-UNICRN.
In normal times, there’s roughly one fairly big Ethereum conference somewhere in the world every month, but that has all come to a halt in 2020. The community’s tentpole event, October’s Devcon, announced its next gathering will be in 2021. Similarly, the Community Ethereum Development Conference, or EDCON, has taken 2020 off.