Author: admin
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Beeple Joins NFT Allstar Artists to Combat Climate Change with Charity Fundraiser
Social Alpha Foundation is set to auction works from top NFT artists on the Nifty Gateway to support Open Earth Foundation’s efforts to bring open digital solutions designed to address climate-related issues. Auction Sponsor Render Network To Donate Carbon Credits To Offset NFT Impact Excitement over NFTs has hit a fever pitch as auctions break…
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South Korean Tax Agency Identifies Over 2,400 Evaders Who Used Cryptocurrencies to Bypass Taxation
South Korean authorities seem to be focusing on strengthening measures to combat tax evasion across the nation. The country’s tax watchdog profiled thousands of evaders that relied on cryptocurrencies to hide assets worth billions of Korean won. Evaders Hid a Total of $32.24 Million in Assets Per the Korea Herald, the National Tax Service of…
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TNC Launches UAE-Based Exchange Platform Aladdin Exchange
PRESS RELEASE. TNC Group, the global blockchain entity responsible for massive projects in the blockchain and crypto space, recently launched the Aladdin Exchange — a UAE-based cryptocurrency exchange. The TNC team moves closer to realizing their vision of pushing forward more blockchain technology adoption in the world as the exchange garnered much support even before…
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Hedge Fund Manager Says Sell-off in US Treasury Bonds a Threat to ‘High-Flying Assets’ Like BTC
Hedge fund manager Bob Prince has warned that the recent sell-off in the U.S. government bond market could accelerate and this could “threaten high-flying assets” like cryptocurrencies and blank cheque companies. Prince, who is the co-CIO at Bridgewater Associates, links this looming downturn in the $21 trillion Treasury market to the improving economy as well,…
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Will Ethereum miners stop “show of force” for more block rewards?
Last week, Michael D. Carter of YouTube channel Bits Be Trippin’ authored Ethereum Improvement Proposal (EIP) 3368. This introduces the idea of increasing block rewards from two to three Ether, with a gradual decay to one Ether over two years. “Changes the block reward paid to proof-of-work (POW) miners to 3 ETH from existing 2…
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Inflation Concerns Supersede Covid-19: 220 Investors Managing $650B Say Economy’s Biggest Risk Is Inflation
As mainstream media pundits like the Bloomberg economics editor Peter Coy tell Americans to “tune out the hyperinflation hype,” fund managers from a recent Bank of America survey who collectively manage $630 billion, believe inflation is the biggest risk to markets right now. Instead of the former concern over Covid-19, the current number one risk…
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Elon Musk Is Selling an NFT — Offers Pour in Worth Millions of Dollars
Telsa’s new Technoking, Elon Musk, said that he is selling a song about NFTs as a non-fungible token (NFT). Many people have expressed their interest in buying it on social media. Artist Beeple made him an offer for $69 million and bids for his tweet on Valuables are up to $1.121 million. Elon Musk Selling…
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Reef Finance responds to Alameda allegations and refutes events
The CEO of Reef Finance, Denko Mancheski responded to the recent events involving Alameda Research (AR). Both sides of the story To give some context, a trader and a team member from Alameda Research, Sam Trabucco, caused controversy by stating that Alameda is not affiliated with Reef in any way, even encouraging users to avoid…
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Interview: Conviction In Bitcoin With George Mekhail
In this episode of the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with George Mekhail of Bitcoin Is and the OC Bitcoin Network. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with George Mekhail of…
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Cryptocurrency and Stock Trading Platform Etoro Aims to Go Public Through a $10.4 Billion SPAC Deal
The online cryptocurrency and stock brokerage platform Etoro has announced the company is going public via a deal with a special purpose acquisition company called Fintech Acquisition Corp V. The Etoro merger is a $10.4 billion deal, backed by the banking entrepreneur and Fintech Acquisition Corp V chair Betsy Cohen. Etoro Enters a Special Purpose…