May 8, 2022

Finland, Sweden need to move now on NATO while Putin is preoccupied with Ukraine, former secretary general says

Finland, Sweden need to move now on NATO while Putin is preoccupied with Ukraine, former secretary general says

KEY POINTS Russia has repeatedly stated it’s against NATO’s enlargement and it has named this as was one of the reasons for its invasion of Ukraine. It is unclear how the Kremlin would react if both Sweden and Finland join the alliance. NATO’s Secretary General Jens Stoltenberg has previously said both nations would be warmly […]

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Plain talk about NFTs: What they have been and what they are becoming

Plain talk about NFTs: What they have been and what they are becoming

The real value of NFTs lies in empowering artists, creators and collectors to enforce their rights to distribute, resell and collect. There’s been a tremendous amount of hype and misinformation about nonfungible tokens (NFTs) since they appeared on the scene in 2014, particularly since the total market for them passed $24 billion. You can’t open

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Meta’s Instagram to Support NFTs From Ethereum, Polygon, Solana, Flow

Meta’s Instagram to Support NFTs From Ethereum, Polygon, Solana, Flow

The social media powerhouse won’t charge users for showcasing their crypto art. NFTs from some of the most popular blockchain networks for crypto art are coming to Instagram with the announcement of a pilot as soon as Monday. The social media powerhouse owned by Meta is planning non-fungible token (NFT) integrations for Ethereum, Polygon, Solana

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Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto

Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto

An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion to euros, under a new regulation permitting real estate deals with digital currencies. Buyer Pays With Bitcoin for Apartment in Braga, Portugal A three-room (two-bedroom)

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Lazarus-Linked Blender.io Added to US Treasury’s Sanction List

Lazarus-Linked Blender.io Added to US Treasury’s Sanction List

Bitcoin and cryptocurrency mixing service, Blender.io has been added to the sanctions list by the United States Treasury Department. The startup which helps facilitate private cryptocurrency transactions was added to the list as investigations showed that it was used by the North Korea-based hacking group, Lazarus who stole $620 million from the Ronin Network. As detailed by the US Treasury

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Ford is selling 8 million shares of once high-flying EV maker Rivian, sources say

Ford is selling 8 million shares of once high-flying EV maker Rivian, sources say

KEY POINTS Ford Motor is selling 8 million of its Rivian Automotive shares as the insider lockup for the stock expires on Sunday, sources told CNBC’s David Faber. Ford will be selling the shares through Goldman Sachs, sources said. JPMorgan Chase also plans to sell a Rivian share block of between 13 million and 15

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For the crypto industry, supporting sanctions is an opportunity to rebrand

Failure to align with the wider financial services industry by enforcing sanctions against Russia will come at a high cost for the crypto sector. One of the first punitive measures leveled against Russia in response to the military invasion of Ukraine was the implementation of economic sanctions aimed at isolating the country from the international

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While Most Crypto Prices Went Down, Smart Money NFT Trades Were Up: Nansen Data

While Most Crypto Prices Went Down, Smart Money NFT Trades Were Up: Nansen Data

Staked ETH tokens are still showing signs of investor confidence. The most searched keyword for all crypto searchers in the last 24 hours has been “crypto crash,” and yet shrewd cryptocurrency traders are still making big-brain moves. Data from blockchain analytics firm Nansen shows the daily net profit and loss for all smart money addresses

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SO WHAT IF BITCOIN MINER’S FEE REVENUE IS LOW?

SO WHAT IF BITCOIN MINER’S FEE REVENUE IS LOW?

Much discussion has centered around the implications of decreasing fee revenue for bitcoin miners — why is it happening and what does it mean? INTRODUCTION Revenue for bitcoin miners from transaction fees is dropping to record lows, and fierce debates over the importance and long-term effects of this data are raging online. Current fee revenue

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Google Creates Web3 Team to Take Advantage of Growing Crypto Popularity

Google Creates Web3 Team to Take Advantage of Growing Crypto Popularity

To set the ball rolling in Web3, Google is assembling a team to create services for developers in this ecosystem through its cloud unit, according to CNBC. Through an email, Amit Zavery, the vice president at Google Cloud, noted that the objective was to make the Google Cloud Platform the most preferred by developers in

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