May 9, 2021

Testing

Twitter is testing a new Tip Jar feature for sending money to your favorite accounts

Twitter has started rolling out a new Tip Jar feature on its Android and iOS apps, which (as rumored) will allow users to send money directly to their favorite accounts.

To use the tip jar, simply tap on the freshly added dollar bill icon next to someone’s username when viewing their profile on one of Twitter’s mobile apps. Users will be able to toggle the tip jar feature, too (for those individuals or organizations that don’t want people just sending them cash out of the blue). Android users will also be able to send money in Twitter’s Clubhouse-like Spaces.

Tip

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Insurance Giant Aon Is Testing the Waters of DeFi

Insurance broker Aon is dipping a toe into decentralized finance (DeFi).

Announced Wednesday, the world’s second-largest insurance intermediary has embarked on a pilot with Nayms, an insurtech platform that allows cryptocurrency holders to provide decentralized insurance cover against losses due to hacks or buggy software.

Also involved in the project are Relm Insurance, a Bermudian insurer that specializes in digital assets, and Teller Finance, an automated matchmaker between investors’ assets and crypto risk liabilities.

“The Nayms platform puts the tool of smart contracts in the hand of regulated underwriters (like Relm) and brokers (like Aon), to open up a new

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