April 24, 2022

The new HM Treasury regulations: The good, the bad and the ugly

The new HM Treasury regulations: The good, the bad and the ugly

The new HM Treasury regulations: The good, the bad and the ugly With the U.K. never having been particularly crypto-friendly, could new regulations and Her Majesty’s Treasury’s recent announcements be a game changer? As the 2021-2022 United Kingdom tax year finished on April 5, 2022, Her Majesty’s Treasury announced they were paving the way for the U.K. …

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Stripe to Let Clients Make Payments in USDC Stablecoin via Polygon – Starting With Twitter

Stripe to Let Clients Make Payments in USDC Stablecoin via Polygon – Starting With Twitter

Twitter will be the first company to test this option by paying earnings via crypto to content creators who use its monetization products. Stripe will be using Polygon to allow payments in crypto. Payments processor Stripe will use Ethereum scaling platform Polygon in a move that will enable Stripe’s customers to pay sellers, freelancers, content …

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Kadena Protocol Launches 0m for Web3 Grants Initiative

Kadena Protocol Launches $100m for Web3 Grants Initiative

Kadena Protocol, a scalable Layer-1 blockchain network, has announced the launch of a $100 million Web3.0 grant to power the growth of innovative startups looking to build on the network. According to a blog post shared by Francesco Melpignano, the Chief Executive Officer of Kadena Eco, the application for the grant is now ongoing and the …

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Latam Is a Hotbed of Opportunities for Crypto Companies, According to Ripple

Latam Is a Hotbed of Opportunities for Crypto Companies, According to Ripple

Ripple, the cryptocurrency and payments company, has issued an article examining the opportunities that Latam brings for crypto companies as its regulated payments rails come to crypto. While the region faces some obstacles due to its economic traits and the dominance of centralized banks, the organization believes there is a lucrative opening for companies partnering …

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5-year Treasury yield hits 3% following Powell’s comments on rate hikes

5-year Treasury yield hits 3% following Powell’s comments on rate hikes

The 5-year U.S. Treasury yield topped 3% on Friday, after Federal Reserve Chairman Jerome Powell’s suggestion that a 50-basis-point rate hike could be in the cards in May. The yield on the 5-year Treasury note was last down 4 basis points at 2.937%. Earlier in the day it climbed as high as 3.05% and was …

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BitNile to Lend Up to 0M to Small Businesses Backed by Bitcoin

BitNile to Lend Up to $100M to Small Businesses Backed by Bitcoin

Loans will range from $1 million to $25 million and be offered to publicly traded companies with less than $250 million in market capitalization. Bitcoin miner BitNile (NILE) plans to fund up to $100 million in commercial loans to small, publicly traded companies, secured by its own bitcoin through its subsidiary, Digital Power Lending (DP …

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‘Legacy’ NFT prices are soaring, but exactly what makes a collection a blue-chip?

‘Legacy’ NFT prices are soaring, but exactly what makes a collection a blue-chip?

Investors are quick to label high worth NFT collections as “blue-chips,” but what are the criteria for determining which project is worthy of the status? Blue-chip NFTs is a popular buzzword one will find strewn across Twitter and various crypto media. The term, “blue chip,” is borrowed from traditional finance where stocks that are considered …

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Commerzbank Applies for Crypto License

Commerzbank Applies for Crypto License

After the German commercial bank (Commerzbank) applied for license encryption earlier this year, it will become the country’s first major bank to provide encryption currency if they are approved to get the operation license. German bank Commerzbank also appears to be strengthening its crypto offering after applying for a crypto license earlier this year in the first …

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Devs Send the First Dogecoin Transaction Without Internet via Radio Doge

Devs Send the First Dogecoin Transaction Without Internet via Radio Doge

According to Dogecoin developer Michi Lumin, a DOGE transaction was sent via radio using a protocol called “Radio Doge.” Dogecoin proponents say Radio Doge will “enable access to dogecoin for people outside the reach of the internet.” 4.20 Dogecoin Sent via Radio Transmission On April 22, 2022, the first dogecoin (DOGE) transaction was sent via …

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