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Adidas Enters The World Of Crypto With Coinbase Partnership
Adidas has announced its recent move into the world of crypto with a rather vague tweet. The tweet revealed that the brand will be working with crypto giant coinbase. Adidas wrote: “We’ve partnered...
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BRD Surges 724% As Coinbase Bids To Bring Decentralisation To More People
Crypto exchange giant Coinbase has bought BRD- a crypto wallet startup. The move was made in an effort to enhance its self-custody capabilities. Meanwhile, the wallet’s native token BRD has jumped...
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Expert Proposes Canadian CBDC
A report from the C.D. Howe Institute has proposed that The Bank of Canada should issue a central bank digital currency that can be converted into a “loonie,” the colloquial term of the Canadian...
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Pro-Crypto CEO Steps Back From Twitter
Jack Dorsey, the co-founder and CEO of Twitter, said on Monday that he is stepping down from his role at the company. He said he wanted to focus on building a platform that can break away from its...
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Premier League To Partner With NFT Platform
The English Premier League is reportedly looking to partner with a cryptocurrency platform to create non-fungible tokens. According to The Times, the league is considering working with a platform that...
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Avalanche’s AVAX launches 70% In November
The AVAX token has risen by 70% in November which made it the month’s best performing layer 1 platform. Avalanche now has a market cap of more than £10 billion. Layer 1 tokens have sparked increased...
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IOTA Network Announces New Smart Contract
The IOTA network’s MIOTA token was a strong performer in the crypto market today as the team announced a new smart contract network. The smart contract will be known as Assembly and will be based on...
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Facebook Removes Bitcoin Ad Ban Across It’s Platforms
Meta (previously known as Facebook) has removed its Bitcoin ad ban across all platforms. The move will allow bitcoin exchanges, wallets and other crypto companies to advertise their offerings to...
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MoonPay Closes $555 Million Funding To Expand Its Offerings
Crypto payments firm MoonPay has just closed a $555 million Series A funding to rapidly accelerate its global footprint, invest in its world-class team, and support an expanding number of offerings in...
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South Korean Politicians Have Officially Delayed Crypto Tax
South Korean members of parliament have managed to overturn the government’s bid for crypto tax. The tax will now be delayed until 2023. This ends a long saga that pitted lawmakers against President...
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Ethereum Overtakes Bitcoin And Defies Underperformance
Ethereum has defied the broad underperformance in the cryptocurrency market and has rapidly increased in price. These recent price gains come after a surge of interest in smart contract platforms that...
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Evergrande Founder Summoned By Chinese Government As Cryptocurrencies Slump
The founder Evergrande, China’s biggest property developer, was summoned by the government after the company issued a statement saying it might not have sufficient funds to meet its financial...
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Bitcoin Finds It’s Feet Around $50K After Weekend Crash
Bitcoin seems to have found its feet and is currently stabilising above its 200-day moving average, at $46,000. This comes after an almost 20% sell-off over the weekend which sparked speculation of a...
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Bank For International Settlements Sees Role For Crypto But Pushes For...
A recent report from the Bank for International Settlements (sometimes referred to as the ‘central bank of central banks) has made an unexpected remark that decentralized finance (DeFi) could play a...
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Only 28% Of Minted NFTs Make A Profit
OpenSea has recently acquired data that reveals merely 28.5% ( 1in 4) NFTs that are purchased during minting lead to a profit. On the other hand, more than 65% of NFTs bought from other users on the...
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India’s $2.7 Million Penalty For Breaking Crypto Norms
On Tuesday, Bloomberg India revealed that the penalty for non-compliance with the Indian government’s cryptocurrency guidelines will range from a maximum fine of 20 crore rupees ($2.7 million USD) or...
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Australian Crypto Exchange Plummets Amid Sea Of Complaints
Australian crypto exchange MyCryptoWallet has plummeted amidst a surge of complaints that have been made by users along with allegations of missing funds. The exchange has also been accused of...
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Vitalik Buterin Reveals Blockchain Roadmap For Scalable Asset But It Could...
Vitalik Buterin, co-founder of Ethereum, has proposed a potential roadmap for creating a scalable blockchain that is censorship-resistant. However, the tech-wiz has noted that it will probably take...
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Largest Ever Crypto Investment Is Made Into Startup Ramp
Venture capital (VC) firm Balderton has made its largest ever cryptocurrency investment into London-based startup Ramp. Balderton is also behind giants from Darktrace Revoult. Goldman Sachs led the...
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Could Bitcoin Be A Buying Opportunity?
On Tuesday, Kraken CEO Jesse Powell and Galaxy Digital CEO Mike Novogravitz spoke with Bloomberg TV about the current state of Bitcoin. According to Powell, a bitcoin (BTC) price of under $40,000...
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