Bitpay Implements 1inch Network Support — Wallet Users Can Access Defi, Dex Aggregation

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On August 31, the Atlanta-based cryptocurrency payments services provider Bitpay announced that the Bitpay wallet has integrated the decentralized exchange (dex) aggregator 1inch Network. Bitpay wallet users can utilize 1inch protocol to swap ether or the myriad of ERC20 tokens. The Bitpay Wallet Supports 1inch Decentralized finance (defi) has grown exponentially according to statistics as defillama.com data shows there’s $157 billion total value locked (TVL) across all defi supporting blockchains. Metrics from Dune Analytics indicate that, as far as Ethereum network defi user growth is concerned, there are 3.2 million…

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Dvision Hosts Metaverse Conference for BSC’s Anniversary

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PRESS RELEASE. The Dvision Network team is hosting an augmented reality metaverse conference to commemorate the first anniversary of the Binance Smart Chain (BSC) ecosystem next month. The celebration will start on the 2nd and end on the 7th of September, lasting six days with an action-packed agenda that should last around 4-5 hours per day. Dubbed the “Binance Smart Chain 1st Anniversary in Dvision Metaversarve”, the event will count with 30 notable projects in the GameFi and NFT space built on the BSC ecosystem, including StepHero, Alpaca Finance, MyDefiPet,…

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Chinese Regulator Aims to Digitize Securities Market Using Blockchain and Smart Contracts

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China’s Securities Regulatory Commission (CSRC) will promote a national alliance chain to introduce smart contracts and blockchain-based services to digitize the securities and futures market. The announcement was made at the China Securities Industry Alliance Chain and OTC Alliance Chain Special Work Symposium in Beijing. Jiang Dongxing, deputy director of the Science and Technology Regulatory Bureau of the CSRC, stated this digitization is key for the future of the industry. China Aims to Digitize Financial Markets Using Blockchain The China Securities Regulatory Commission (CSRC) is interested in digitizing much of…

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Tron Founder Justin Sun Purchases Joker Tpunk NFT for $10.5 Million

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Justin Sun, founder of Tron, a smart contract-enabled cryptocurrency, announced he purchased an NFT avatar for $10.5 million. The NFT, dubbed ‘Joker’ due to its appearance, is part of a Tron-native NFT series called Tpunks, that seeks to emulate the style and success of the known Cryptopunks series, but on the Tron blockchain. Justin Sun Purchases NFT for $10.5 Million Justin Sun, the founder of the smart contracts-enabled Tron blockchain, announced today the purchase of an NFT avatar for $10.5 million dollars worth of tron. The NFT purchased, identified as…

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Biden tries to shift blame on Afghanistan

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President Joe Biden said Tuesday that he took “responsibility” for his decisions on Afghanistan. As for any mistakes made — well, he offered plenty of potential culprits. The hundred-plus American citizens who didn’t make it out? They were notified 19 times “with multiple warnings and offers to help them leave Afghanistan, all the way back as far as March,” he said, adding that most of them were dual citizens, anyway. The fall of Kabul, far earlier than most intelligence and military advisers predicted? Biden pointed the finger at the Afghan…

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Biden Administration Pushes Global Crypto Data Sharing Rules in $3.5 Trillion Budget Bill: Report

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The Biden administration is reportedly pushing to include global crypto data sharing rules in the $3.5 trillion budget package. The Treasury wants crypto businesses to report information on foreign account holders “so that the U.S. can share information with global trading partners.” Treasury Wants to Impose More Crypto Rules The U.S. Treasury is reportedly pushing to include more rules for tax compliance on cryptocurrency transactions in the upcoming .5 trillion budget plan. The Biden administration is hoping to add the requirements for crypto businesses to report information on foreign account…

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Opinion | The Hidden Message In Joe Biden’s Afghanistan Speech

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They were words no president has ever spoken, at least not since the Cold War began three-quarters of a century ago. They spoke not of global responsibility nor the “indispensable” role of the United States, but of what this richest and most powerful nation could and should not do, and the astonishing financial and human cost of trying — and failing. We are, President Joe Biden said, “ending an era of major military operations to remake other countries … trying to create a democratic, cohesive and united Afghanistan — something…

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Former US President Donald Trump: Cryptocurrencies Are ‘a Disaster Waiting to Happen’

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Former U.S. President Donald Trump says cryptocurrencies are “potentially a disaster waiting to happen.” In addition, he said that they “may be fake.” His comments followed another when he said bitcoin “seemed like a scam.” Trump Is Still No Fan of Bitcoin or Crypto Donald Trump talked about cryptocurrency in an interview with Fox Business Tuesday. Responding to a question about whether he has dabbled in bitcoin or cryptos, Trump promptly said: “I don’t. I like the currency of the United States.” He elaborated: I think the others are potentially…

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A defiant Biden calls Afghanistan exit a ‘success’

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A defiant President Joe Biden called the Afghanistan evacuation effort a “success” on Tuesday, in a speech that marked the end of the United States’ 20-year engagement in the country. “As we close 20 years of war and strife and pain and sacrifice, it’s time to look at the future, not the past,” Biden said. “I believe this is the right decision, a wise decision, and the best decision for America.” His speech came almost exactly 24 hours after Gen. Frank McKenzie, the head of U.S. Central Command, announced that…

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Central Bank of Nigeria Selects Barbados-Based Fintech Firm as Technical Partner for CBDC Project

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The Central Bank of Nigeria (CBN) has named the fintech firm Bitt Inc. as a technical partner for its digital currency project, the e-naira. As a technical partner, Bitt is expected to use its “technological competence and implementation experience” to help the CBN successfully launch the central bank digital currency (CBDC). E-Naira Draft Guidelines The CBN’s unveiling of the Barbados-based firm as its partner comes shortly after reports suggested that the central bank had released draft guidelines for the e-naira. In justifying the selection of Bitt, Osita Nwanisobi, the CBN’s…

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TradeStars Launches Mainnet of Fantasy Sports Stock Trading Game based on Fractional NFTs

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PRESS RELEASE. TradeStars has launched “Olympic Torch”, the Mainnet of their Fantasy Sports Stock Trading Game, on 31st August, 2021. TradeStars’ new Fantasy Sports Game allows users to trade Fantasy Stocks of world-class athletes, whose value is directly influenced by the real life performance statistics of the respective player. The Fantasy Stocks can be purchased using USDT for now; fiat payment gateways (for INR and USD) are on their way. Fantasy Sports Gaming Today Fantasy Sports Gaming has seen a steady rise in both popularity and valuation over the last…

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Metamask Surpasses 10 Million Monthly Active Users, Climbing 1,800% in 12 Months

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On Tuesday, the noncustodial digital currency wallet Metamask announced that the platform has surpassed 10 million monthly active users (MAUs). Year-to-date, Metamask has seen 19x growth since July 2020 as MAUs climbed 1,800% in 12 months. Metamask Hits Over 10 Million Monthly Active Users There’s no doubt that Metamask has been a popular Ethereum blockchain wallet that is also compatible with technologies like Polygon, Optimism, and Arbitrum. The wallet was created by the blockchain software company Consensys in 2016 and a great number of decentralized finance (defi) applications support Metamask.…

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Naomi Osaka Reveals New NFT, Dogecoin Sparks Tennis Star’s Interest in Cryptocurrencies

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The popular professional tennis player Naomi Osaka has been discussing non-fungible token (NFT) assets and the meme crypto asset dogecoin in recent times. In a recent interview, Osaka said that she’s been talking to her agent about dogecoin and that she sees the crypto ecosystem “is getting bigger.” Naomi Osaka Drops ‘Finding What Was Lost’ NFT Naomi Osaka is a very popular tennis player and was ranked No. 1 by the Women’s Tennis Association (WTA). The tennis legend has approximately 1.1 million Twitter followers, 2.8 million Instagram followers, and she’s…

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Trump acolytes poised to push out Senate dealmakers

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If Senate Republicans seem conservative now, just wait until next year. The 2022 midterms could usher in a wave of full-spectrum MAGA supporters who would turn the GOP conference an even deeper shade of red — and make the Senate a lot more like the fractious House. In the five states where Republican senators are retiring, the primary election fields to succeed them are crowded with Donald Trump supporters who have made loyalty to the former president a cornerstone of their campaigns. The three top candidates to succeed Sen. Richard…

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Bitcoin Legal Tender in 7 Days: El Salvador Publishes Video Explaining What to Expect

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Bitcoin will become legal tender in El Salvador alongside the U.S. dollar in seven days. The Salvadoran government has released a video explaining what to expect when the Bitcoin Law enters into force. The video features the government’s fee-free crypto wallet, Chivo. Government’s Video Explaining What to Expect When Bitcoin Becomes Legal Tender The Bitcoin Law in El Salvador will come into effect on Sept. 7 when BTC will become legal tender alongside the U.S. dollar. Salvadoran President Nayib Bukele tweeted a video explaining what to expect, including the benefits…

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Slovenia Prepares to Impose 10% Tax on Spending and Selling Cryptocurrency

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The tax authority of Slovenia has put forward a proposal to change the crypto taxation rules in the country, local media reported. The amendments aim to introduce a 10% tax rate for transactions involving the spending or converting of cryptocurrencies into fiat money. Tax Office Wants to Simplify Crypto Taxation in Slovenia The Financial Administration of the Republic of Slovenia (FURS) has proposed changes to the taxation regime applicable to cryptocurrencies. The authority wants to impose a 10% tax for the crypto amounts spent on goods and services or converted…

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Annual US Dollar Remittances to Nigeria Surge to $34 Billion but Forex Woes Persist

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According to a report, the value of annual dollar remittances by Nigerians working abroad has surged to $34 billion, a figure that easily surpasses the previous record-high of $25 billion. Still, a large portion of the funds doesn’t seem to be entering domestic forex markets. Target Attained Two Years Ahead of Schedule The increase, which has been attributed to the Central Bank of Nigeria (CBN)’s “naira for dollar” incentive scheme, once again highlights the growing importance of diaspora remittances to Africa’s most populated country. As Biodun Adedipe, an economist with…

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The I-word looms: McCarthy faces internal pressure to go harder at Biden on Afghanistan

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As hard as Kevin McCarthy has hammered the White House over the chaotic and deadly U.S. withdrawal from Afghanistan, he’s under rising pressure from his right to go further. The House minority leader has repeatedly pushed back on rank-and-file Republicans who want to make a high-stakes call for impeaching Biden over his handling of Afghanistan — a vow that would come due should the GOP take back the chamber next November. But multiple House Republican sources said that even before Tuesday’s fraught end to the U.S. military mission, their offices…

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Biden tries to move past Afghanistan fiasco

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The United States officially ended its 20-year war in Afghanistan. Now, President Joe Biden and fellow Democrats are racing to put the conflict’s tumultuous exit behind them. Consumed with combating the most intensive crisis of Biden’s presidency over the last few weeks, White House officials are plotting a way forward that hinges tactically on Biden’s handling of the Covid-19 pandemic and passage of his sweeping economic agenda on Capitol Hill. The cold political calculation is based on a belief inside the White House that Americans by and large will ultimately…

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U.S. ends 20-year mission in Afghanistan

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After 20 years the longest war in U.S. history has come to an end. Gen. Frank McKenzie, the chief of U.S. Central Command, announced Monday that the last C-17s took off from Kabul’s Hamid Karzai International Airport around 3:29 p.m. Washington, D.C., time, leaving that facility and the country in the Taliban’s possession. “I’m here to announce the completion of our withdrawal from Afghanistan and the end of the military mission to evacuate American citizens, third-country nationals, and vulnerable Afghans,” McKenzie told reporters in a surprise Pentagon news briefing. “Tonight’s…

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Opinion | Why Trump’s Election Interference Is Outrageous but Hard to Prosecute

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The drumbeat of damning revelations about Donald Trump’s attempts to pressure the Department of Justice to help him overturn the lawful results of the November election has led to a growing outcry for the DOJ to open a criminal investigation of the former president. Trump’s behavior is as outrageous as it is unprecedented in presidential election history. He allegedly instructed his own acting attorney general to state publicly the DOJ was investigating the results in Georgia when there was no evidence of fraud. “Just say the election was corrupt, [and]…

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Trump ‘Kraken’ lawyer Sidney Powell lands in Washington

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Sidney Powell, the embattled lawyer who launched a flurry of unsuccessful lawsuits last fall advancing President Donald Trump’s election fraud claims, has established a beachhead in the Washington area by purchasing a century-old building in Alexandria’s historic Old Town neighborhood — in a cash deal. In April, a Texas-based limited-liability corporation paid $1.2 million to purchase a former antique shop on North Washington Street, land records show. The sellers said their real estate broker told them that Powell was the buyer and that she planned to use the building, on…

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Defi Platform Cream Finance Hacked, $29 Million Lost

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Cream finance, a defi borrowing and lending protocol, has been the victim of a hack that erased more than $29 million from its vaults. The attacker took advantage of a loophole in the implementation for adding the amp token to the protocol. This is the second time the platform has been involved in a hack. The first breach happened in February, when Cream lost $37.5 million. Cream Protocol Suffers Hack Cream protocol, a defi lending-borrowing platform present on four different chains (Ethereum, BSC, Polygon, and Fantom), suffered a hack Monday…

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British Auction House Christie’s to Present Full Set of NFT Curio Cards on October 1

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The British auction house Christie’s has been immersed in the non-fungible token (NFT) art and collectibles industry for quite some time. Christie’s has auctioned blockchain-backed items like Block 21 of “Portraits of a Mind,” Cryptopunks, and Beeple’s NFT that sold for more than $69 million. On October 1, Christie’s plans to sell a set of old 2017-issued Curio Cards and the set will also include a secret rare card. Leading Auction House Christie’s Is Auctioning a Set of NFT Curio Cards The non-fungible token (NFT) space has swelled quite a…

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CDC vaccine panel: Let regulators lead on Covid-19 booster shots

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Members of the Centers for Disease Control and Prevention’s independent vaccine advisory panel voiced frustration Monday with the Biden administration’s plan to begin doling out Covid-19 boosters next month, arguing the announcement got ahead of federal regulators and could exacerbate vaccine hesitancy. The White House strategy, which it announced earlier this month, is contingent upon FDA deeming boosters safe and effective and CDC recommending their use. Still, some CDC committee members made clear they were irked that the announcement came before federal regulators and scientists formally endorsed booster doses. “That…

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Florida defies judge and punishes 2 school districts over masks

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TALLAHASSEE — The Florida Department of Education on Monday defied a recent ruling from a state judge and leveled its first sanctions against school board members who rejected the DeSantis administration’s orders on local mask mandates. State officials withheld monthly salaries from board members in Alachua and Broward counties who supported the mask requirements, marking a major turning point in the weekslong fight over face coverings in schools. “We’re going to fight to protect parents’ rights to make health care decisions for their children,” Florida Education Commissioner Richard Corcoran said…

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Marvel to Drop Captain America NFT Statues, Fully-Readable Amazing Spider-Man #1 NFTs

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81 years ago on August 31, 1939, the company Marvel Comics was introduced to the world for the first time and people were presented with a whole universe of superheroes. In celebration of Marvel’s birthday and the firm’s collaboration with Veve Digital Collectibles, “Marvel Month” will conclude with special edition Captain America non-fungible token (NFT) collectibles. A Lineup of Captain America Statue NFTs At the end of June, the wholly-owned subsidiary of The Walt Disney Company, Marvel Entertainment, announced the company was dipping its toes into the world of non-fungible…

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Venture Capitalist Bill Gurley Prefers Ethereum to Bitcoin, Takes Personal Position in ETH

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Venture capitalist Bill Gurley has taken a personal position in ether because he “was swayed by the arguments of the ethereum crowd.” He explained that it is “the smarter way to play if you’re going to have crypto exposure.” Bill Gurley Prefers Ethereum to Bitcoin Bill Gurley, a general partner at Benchmark, a Silicon Valley venture capital firm in San Francisco, California, shared his view on cryptocurrency in an interview with Bloomberg last week. He began by admitting that he is late getting into crypto because he was focusing on…

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Billionaire John Paulson Warns Cryptocurrencies Will Be Worthless, Bitcoin Too Volatile to Short

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Billionaire hedge fund manager John Paulson, famed for making a fortune betting against the U.S. housing market, says that cryptocurrencies are a bubble that will prove to be “worthless.” While he sees unlimited downside to crypto, he will not short bitcoin, however. “Even though I could be right over the long term, in the short term, I’d be wiped out,” he explained. Famous Investor John Paulson Predicts Crypto Will Be Worthless John Paulson, the president and portfolio manager of U.S. investment firm Paulson & Co., is an American billionaire hedge…

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U.S. announces end of 20-year mission in Afghanistan

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After 20 years the longest war in U.S. history has come to an end. Gen. Frank McKenzie, the chief of U.S. Central Command, announced Monday that the last C-17s took off from Kabul’s Hamid Karzai International Airport around 3:29 p.m. Washington, D.C., time, leaving that facility and the country in the Taliban’s possession. “I’m here to announce the completion of our withdrawal from Afghanistan and the end of the military mission to evacuate American citizens, third-country nationals, and vulnerable Afghans,” McKenzie told reporters in a surprise Pentagon news briefing. “Tonight’s…

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As Biden ends mission in Afghanistan, a refugee backlash looms at home

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President Joe Biden has faced a torrent of criticism for abandoning Afghan partners as their country fell to the Taliban. Now, there is also a looming political controversy over the thousands of Afghans Biden will end up resettling over here. An increasingly vocal group of Republicans — led by Donald Trump, who made immigration restrictions a hallmark of his presidency — oppose the resettlement of Afghan refugees in the U.S., claiming that they could be dangerous, or will change the make-up of the country. And they plan to make it…

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U.N. text urges Taliban to let Afghans leave, doesn’t mention airport ‘safe zone’

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Draft resolution falls short of plan announced by French President Emmanuel Macron.

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Blockchain.com CFO Says Company Could IPO in ’18-Months,’ Firm’s Balance Sheet Holds BTC, ETH

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This week Blockchain.com CFO Macrina Kgil discussed how the company has surpassed $1 trillion in cryptocurrency transactions and the company may go public with an initial public offering (IPO) in 2023. The cryptocurrency firm is one of the oldest in the industry and Kgil explained that 76 million Blockchain.com wallets have been created since the company’s inception. $1 Trillion in Crypto Transactions Processed, 76 Million Wallets Created In March 2021, Bitcoin.com News reported on Blockchain.com raising $300 million and receiving a post-money valuation of around $5.2 billion. The company has…

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Kava Swap Lists on AscendEX

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PRESS RELEASE. AscendEX, a global digital asset trading platform with a comprehensive product suite, is thrilled to announce the listing of the Kava Swap token (SWP) under the pair USDT/SWP on Aug 31 at 1 p.m. UTC. In celebration of the SWP listing, AscendEX will work with the team at Kava Swap to launch two limited-time promotional events, taking place from Aug. 31, 1:00 a.m. UTC to Sept. 7, 12:00 a.m. UTC. By completing tasks and executing trades, users will be given the chance to share pooled rewards worth up…

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The Largest Art Museum in the World Partners With Binance to Auction Leonardo Da Vinci, Claude Monet NFTs

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The Binance NFT Marketplace announced today that the non-fungible token (NFT) platform will launch a premium NFT collection backed by the State Hermitage Museum in Saint Petersburg, Russia. The NFT auction will begin on August 31 and run until September 7, 2021. The NFT auction will feature NFT artwork by the world-renowned artists’ Vincent Van Gogh, Claude Monet, and Leonardo da Vinci. State Hermitage Museum and Binance Collaborate to Sell World-Renowned Art in NFT Form It seems that 2021 is the year of non-fungible token (NFT) collections, as NFT collectibles…

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Ethereum Burns $432 Million ETH — Ether Burned Could Buy 2,000 Medium-Sized Homes

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Approximately 25 days ago, the Ethereum blockchain implemented the London hard fork and a number of features were added to the ruleset. One of the most anticipated changes was EIP-1559 which makes the crypto asset ether deflationary by burning a fraction of coins. Since August 5, over $432 million worth of ether has been burned, and at the time of writing, 136,606 ether has been burned. Over $432 Million in Ethereum Burned The Ethereum (ETH) blockchain is the second most valuable crypto market in terms of market valuation. Out of…

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Higher Bitcoin Prices Create Resurrection of Old Mining Rigs, Outdated Miners See New Life

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The price of bitcoin has dipped a hair in value this past week, but the crypto asset is still up 14.4% over the course of the last month. Statistics show that Bitcoin’s hashrate has seen a resurgence and because bitcoin’s price has increased, mining profitability and hashrate has followed suit. Today’s top bitcoin mining rig is Microbt’s Whatsminer M30S++ (112 TH/s) but with higher bitcoin profits, older machines like Bitmain’s Antminer S9 have seen a revival as every S9 model is profitable today. New Generation Models Rake in $20 to…

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Evacuations slow as U.S. shifts focus to military withdrawal in Afghanistan

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Operations at the Kabul airport are shifting to focus on the withdrawal of U.S. troops and their equipment as the frenzied mission to evacuate American citizens and Afghans enters its final hours. The processing of civilians at the airport is working on “limited capacity,” a defense official said Monday. “If an American stumbles up to the gate and waves a blue passport, we’re going to get them on a plane.” The Taliban have tightened their security cordons around the airport, making it more difficult for people to make it to…

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As Biden winds down Afghanistan, a refugee backlash looms at home

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President Joe Biden has faced a torrent of criticism for abandoning Afghan partners as their country fell to the Taliban. Now, there is also a looming political controversy over the thousands of Afghans Biden will end up resettling over here. An increasingly vocal group of Republicans — led by Donald Trump, who made immigration restrictions a hallmark of his presidency — oppose the resettlement of Afghan refugees in the U.S., claiming that they could be dangerous, or will change the make-up of the country. And they plan to make it…

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South African Central Bank Governor Reiterates: ‘Crypto Is Not Currency’

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The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has reiterated the central bank’s longstanding belief that cryptocurrencies like bitcoin are not currencies. According to Kganyago, crypto-assets, as he prefers to call them, are not currencies because they fail to meet the standard of what constitutes a currency. Crypto and the Currency Test In recent remarks to Mills Soko, a professor at a South African university, Kganyago asserts cryptocurrencies like bitcoin only partially meet one of the three key characteristics of a currency. Kganyago explained: One, it must…

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Cryptowisser : Bitcoin and Ethereum Synergy Essential for Crypto Industry Growth

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PRESS RELEASE. August 2021, leading Crypto service comparison site – Cryptowisser, compares the two cornerstones of cryptocurrency, Bitcoin and Ethereum. The latest analysis of the market focused on the pioneering cryptocurrencies Bitcoin and Ethereum. But, differing from the usual Bitcoin vs Ethereum analysis, the focus is on the benefits of both and how they work in synergy to give the industry the strong foundations it needs to grow. Bitcoin and Ethereum The article takes us on a brief journey back in time, highlighting the key stages of Bitcoins’ progression up…

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BCH Defi Project Detoken to Close Its Doors Over Regulatory Climate Toward Crypto Derivatives

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On August 28, the Bitcoin Cash-based decentralized finance (defi) platform Detoken announced the project is closing its doors on September 4, 2021. The project’s founder, Semyon Germanovich, explained that the main reason for shutting the defi project down is because of the “changing regulatory outlook on cryptocurrency derivatives.” Defi Project Detoken to Shut Down Operations on September 4 In December 2020, Bitcoin.com News reported on the defi platform called Detoken, a project that allowed users to hedge or long their bitcoin cash (BCH) in a noncustodial fashion. At the same…

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Nigerian Central Bank Reveals CBDC Guidelines, Announces Plan to Launch E-Naira Wallet

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The Central Bank of Nigeria (CBN) has reportedly confirmed that its e-naira digital currency will have a legal tender and non-interest-bearing asset status. In addition, a limit on customer transactions and value-based transactions will be imposed. Five-Stage Launch According to a Nairametrics report, the new revelations concerning the e-naira’s design as well as the operational module are contained in a document that was recently sent to banks by the CBN. The same document also shares details about the duties assigned to each of the parties participating in the e-naira program.…

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Pentagon prepared for ‘mass casualty’ attack at Kabul Airport hours before explosion

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Just 24 hours before a suicide bomber detonated an explosive outside Hamid Karzai International Airport, senior military leaders gathered for the Pentagon’s daily morning update on the deteriorating situation in Afghanistan. Speaking from a secure video conference room on the third floor of the Pentagon at 8 a.m. Wednesday — or 4:30 p.m. in Kabul — Defense Secretary Lloyd Austin instructed more than a dozen of the department’s top leaders around the world to make preparations for an imminent “mass casualty event,” according to classified detailed notes of the gathering…

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ECB Vice President States Crypto Should Be Regulated Like Other Assets

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European Central Bank (ECB) Vice President Luis De Guindos has stated he wants cryptocurrencies to be subject to the same rules that other assets are. The statements were offered in a presentation given as part of the summer courses offered by the European Parliament, where De Guindos declared his opinion about cryptocurrency regulation. ECB Vice President: Crypto Should Follow Same Laws as Other Assets Luis De Guindos, current Vice President of the ECB, stated he thinks crypto-assets should be regulated as any other asset in the market. De Guindos expressed…

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Travel Rule Implementation Still Far Off Due to Tech Limitations, Australian Regulator Reports

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The Australian Department of Home Affairs stated that the country lacked the technical capabilities to implement a system that complies with the travel rule proposed for cryptocurrencies. The Department concluded this in an appearance before the Senate in Australia last Friday. However, the Australian Department also stated that, if implemented, the system would be a game-changer for preventing crypto-related crimes. Australian Department Thinks Tech to Implement a Crypto Travel Rule Is Still Not Present Last Friday, the Australian Department of Home Affairs acknowledged that it lacked the technical capabilities to…

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Mining Hardware Thief Gets 3-Year Sentence in Russia

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Russian authorities have investigated a number of cases involving the theft of crypto mining equipment in the past months. A resident of Yaroslavl has just been found guilty of stealing mining hardware worth over $20,000 and sentenced to three years in prison. Russian Convicted of Stealing Mining Rigs Receives Prison Sentence A 34-year-old man from the city of Yaroslavl, some 250 kilometers northeast of Moscow, has been found responsible for the theft of equipment for cryptocurrency mining. The hardware’s value has been estimated at 1.6 million rubles (almost $22,000), Forklog…

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Epic NFT Heroes Formula: NFT Collectibles, Gaming Metaverse, a Play-to-Earn Model and Yield Farming

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With the trading volume and number of NFT projects always on the increase, it’s getting harder and harder to compete for users and bring innovative products to the market. One project is about to shake the NFT gaming and collectibles industry, setting the bar high for all market players. SIDUS, The City of NFT Heroes takes NFT to the next level by combining an NFT avatar collection, a gaming metaverse and NFT yield farming into one product and backing it with the philosophy that’s close to every crypto enthusiast’s heart.…

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IMF: Bitcoin Is Privately Issued Crypto With Substantial Risks, Inadvisable as Legal Tender

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The International Monetary Fund (IMF) says that crypto assets, like bitcoin, are privately issued with substantial risks, and “Making them equivalent to a national currency is an inadvisable shortcut.” The crypto community disagrees. IMF Claims Bitcoin Is Privately Issued Crypto With Substantial Risks, Inadvisable for Use as Legal Tender The International Monetary Fund tweeted about crypto assets on Saturday, asserting that they are privately issued, come with substantial risks, and are inadvisable for use as legal tender. The IMF wrote: “Privately issued cryptoassets like bitcoin come with substantial risks. Making…

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Crypto Assets: Securities or Commodities? Commissioner Explains How They Are Regulated in US

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A commissioner with the U.S. Commodity Futures Trading Commission (CFTC) has detailed how crypto assets are regulated in the U.S. and whether they fall under the jurisdiction of the CFTC or the Securities and Exchange Commission (SEC). “There has often been a grossly inaccurate oversimplification” of how crypto assets are regulated in the United States, said the commissioner. How Crypto Assets Are Regulated in the US CFTC Commissioner Dawn D. Stump clarified last week how crypto assets are regulated in the U.S. by the CFTC or the SEC. “The recent…

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Safemoon Product Launch Hits a Snag, Project Bombarded by Accusations, Community Deflects Criticism

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A cryptocurrency project called Safemoon has been trending in forums and social media in recent times, as the crypto asset team promised a few new products, but the team claims that the launch has seen difficulties. This weekend, a post published to the subreddit forum r/cryptocurrency claims “Safemoon has been exploited from day 1 and $68,460,000 have been siphoned out of the liquidity pool.” Safemoon Project Runs Into ‘Unforeseen Technical Issues’ Launching Products, Skeptics Surround Project The project Safemoon has been a controversial cryptocurrency project for quite some time now.…

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Plan B’s Stock-to-Flow Bitcoin Price Model ‘Predicts $100K by Christmas,’ S2F Creator Discusses ‘Time Model’

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The pseudo-anonymous bitcoin analyst called Plan B gave his 704,000 Twitter followers an update on the notorious stock-to-flow (S2F) bitcoin price model. Plan B stressed on August 27, that the “next months will be key” as he believes the bitcoin S2F model “predicts $100K by Christmas.” ‘$100K by Xmas’ Plan B is a popular figure in the bitcoin world as the pseudo-anonymous analyst is well known for his stock-to-flow (S2F) price model. In basic terms, the model quantifies the commodity’s (bitcoin) scarcity and then divides it by yearly issuance (the…

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U.S. airstrike hits suicide bomber, as officials warn of ‘exceedingly dangerous moment’ in Afghanistan

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The Pentagon confirmed on Sunday that the U.S. military conducted a drone strike in Kabul, successfully destroying an “imminent” threat to the airport in the Afghan capital where American troops are conducting a massive evacuation effort. The attack was carried out on the same day President Joe Biden took part in the dignified transfer of service members killed on Thursday by a suicide bomber outside the gates of the airport. It also occurred amid a steady increase in violence ahead of the president’s Aug. 31 deadline for the withdrawal of…

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Meth, Vanilla and ‘Gulags’: How China Has Overtaken the South Pacific One Island at a Time

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NUKU’ALOFA, Tonga—August 2016 was a sun-swamped winter in the South Pacific and the vanilla business was bad. A brutal drought had wasted the annual crop and machete-wielding farmers guarded what was left of their vines. A kilo of cured vanilla—those shiny, black pods you find in vials on grocery spice aisles—that I would have paid $50 for two years earlier had soared to $300. The “black gold” story buzzed in the cafes and the villages of the remote island kingdom. If the price collapsed I’d be in trouble. Instead, it…

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Anarchist Bar in Brussels Now Accepts Cryptocurrency

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A bar in Brussels frequented by local anarchists has introduced crypto payments. Bitcoin is the money of the future, say the owners who have recently renovated the place. It is among the first such establishments in the Belgian capital to take coins for pints, they say. Dolle Mol Bar on Rue des Éperonniers Will Take Your Crypto The Dolle Mol café and bar in downtown Brussels, the heart of Europe, has started accepting cryptocurrencies for the beverages it offers. The famous anarchist bar on Rue des Éperonniers street has become…

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24 Hour Double-Digit Crypto Gainers: Ecash Jumps 40%, Tezos Spikes 16%, Arweave Gains 12%

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During the last week, a large quantity of popular crypto assets have consolidated and have even seen some slight losses during the last seven days. However, there’s a slew of crypto coins that have seen significant double-digit gains during the last 24 hours. Ecash, Tezos, Arweave, Bitcoin Gold Jump The lion’s share of crypto coins in the crypto economy have seen double-digit gains during the last month but over the last week, there’s been some consolidation for a great number of the usual market leaders. For instance, over the last…

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Population growth fuels remake of Florida’s famed I-4 corridor

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TALLAHASSEE — To understand how Florida’s redistricting process will dramatically reshape the state’s political lines and congressional map, look at Democratic Rep. Darren Soto’s district along the fabled I-4 corridor. Soto’s 9th District, which stretches from Orlando into the communities of Osceola County clustered near Disney World and then along the southern side of Interstate 4, saw the largest amount of growth of any congressional district in the nation between 2010 and 2020, according to a POLITICO analysis. His district now has nearly 1 million residents. But that rapid, sustained…

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Ethereum Fees Jumped 154% Since Last Week, $400 Uniswap Fees, $1K to Interact With Opensea

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Following the bug and the split that occurred after a great number of Geth nodes did not upgrade, Ethereum fees have risen dramatically since August 21, jumping from $11 per transaction to today’s 0.0088 ether per transaction ($27.98). Ethereum Transaction Fees Skyrocket Ethereum is the second-largest crypto asset in terms of crypto market capitalization with a $375 billion market cap or 17.4% of the crypto economy’s $2.16 trillion. ETH is up 34.3% during the last month, but has lost 2.1% during the last two weeks. On August 27, Bitcoin.com News…

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FBI Helps to Train Nigerian Crypto Crime Investigators

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The United States government through the FBI recently helped to run a training exercise whose goal is to enhance the capacity of Nigerian cryptocurrency crime investigators, the U.S. Mission Nigeria (USMN) has said. The exercise saw over 50 Nigerian investigators and prosecutors participate. Understanding the Trends In its August 25 tweet, the USMN reveals that the training exercise was held in conjunction with the International Computer Hacking & IP Attorney Advisers (ICHIP) of Addis & Abuja. The mission also explained what the investigators learned from the exercise. “Trainers shared patterns…

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Polygon DeFi Yield Farming on AscendEX

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PRESS RELEASE. AscendEX, a leading cryptocurrency trading platform, is excited to celebrate Polygon (Curve) Yield Farming on their staking portal by offering an increased APR for active participants. For a limited time, AscendEX users will earn extra returns while Yield Farming with Polygon for any accounts under $10,000 USDC. AscendEX originally announced the launch of Yield Farming with the Polygon stablecoin in July. Starting this week, users can deposit their USDC into Polygon DeFi Yield Farming and receive interest paid in USDC, MATIC, and CRV, earning up to 20% APY…

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’Embarrassment of riches’: Boston’s diverse mayoral field creates tough choice for city

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BOSTON — One of Boston’s biggest progressive groups was at an impasse. Its members had deliberated for weeks over who to endorse before the city holds its preliminary mayoral election next month. One committee recommended backing acting Mayor Kim Janey. But multiple rounds of ranked-choice voting failed to produce a consensus among the members of Jamaica Plain Progressives. So the group gave up. Its leadership wrote an email to members that the “difficult and sometimes emotional” process would result in no endorsement ahead of the preliminary election. JP Progressives’ struggle…

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‘Nobody is this incompetent’: Rental aid slowdown puts target on governors, mayors

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Affordable housing groups are blasting state and local officials with accusations of negligence and racism over the sluggish delivery of rental assistance, warning that persistent red tape and bad targeting have had an outsized impact on low-income Americans. The outcry from regional housing organizations against their local leaders in places like Louisiana, Georgia and New York is poised to become even more heated after the Supreme Court on Thursday night blocked the nationwide eviction moratorium. The decision exposed millions of renters to the threat of homelessness during a surge in…

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Buying Bitcoin and Ether Just Got Easier in Honduras With Cryptocurrency ATM

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A cryptocurrency ATM has been installed in Honduras where users can buy bitcoin and ether. According to reports, this is the first crypto ATM in the country. Honduras borders El Salvador, where bitcoin is set to become legal tender in a little over a week. Cryptocurrency ATM in Honduras A cryptocurrency ATM launched this week in Honduras, Reuters reported Friday. According to reports, this is the first cryptocurrency ATM in the country. It allows users to buy bitcoin and ethereum using the local lempira currency. The Republic of Honduras is…

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Cryptopunks NFT Collection Joins Axie Infinity and Opensea by Hitting $1 Billion in Sales

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On Saturday, August 28, the non-fungible token (NFT) project Cryptopunks crossed $1 billion in all-time sales. Cryptopunks joins the heavyweight NFT hitters Axie Infinity’s $1.6 billion and Opensea’s $3.53 billion. Three NFT Projects Have Sold More Than a Billion-Dollars in Sales The non-fungible token project Cryptopunks is now a billion-dollar NFT collection as statistics show all-time sales tapped $1.095 billion, according to dappradar.com data. Cryptopunks has a bunch of records on dappradar.com’s “top sales” page, in terms of NFT sales. Cryptopunks is just below Opensea ($3.54B) and Axie Infinity ($1.68B)…

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Lukashenko Urges Belarusians to Mine Cryptocurrency Rather Than Pick Strawberries Abroad

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President Alexander Lukashenko has advised workers to stay in their home country instead of emigrating to fill low-paid farming jobs in Poland and Germany. The Belarusian leader pointed to an alternative source of income, noting there’s enough electricity in Belarus to power cryptocurrency mining. Lukashenko Calls on Belarusian Workers to Build Mining Farms, Not Work at Foreign Farms During a meeting at the state-owned enterprise JSC Belaruskali, one of the world’s largest producers of potash fertilizers, Belarusian President Alexander Lukashenko urged employees to use the available surplus electricity to mine…

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Dogecoin Millionaire Says He’s Going ‘All in’ on Cardano — Bullish on Both DOGE and ADA

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The dogecoin millionaire who invested all his savings in the meme cryptocurrency early this year says he is now going “all in” on cardano, calling it the “next best bet.” He is bullish on both cryptocurrencies. Dogecoin Millionaire Thinks Cardano Is the ‘Next Best Bet’ Glauber Contessoto, the 33-year-old dogecoin millionaire, told CNBC in an interview published Thursday that he is planning to go “all in” on cardano (ADA). Contessoto invested all his savings in the meme cryptocurrency dogecoin in February. After its price soared, he became a DOGE millionaire…

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Dogecoin Scam Investigated in Turkey After Founder Allegedly Stole 350 Million DOGE From Investors

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Turkish police have launched an investigation into a dogecoin investment scheme that has allegedly duped 350 million dogecoins from about 1,500 investors. Dogecoin Scheme Dupes Investors in Turkey The chief public prosecutor’s office of Küçükçekmece, a suburb of Istanbul, is conducting a large-scale investigation into a cryptocurrency scam, Turkish news television channel TV100 reported this week. The scheme claims to be a cryptocurrency system operating under the name “Dogecoin mining.” It promised users a 100% profit in 40 days. The scam’s alleged mastermind, Turgut V., organized one-on-one meetings in luxury…

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Jack Dorsey Discusses Square Building a ‘Bitcoin-Native’ Dex Platform, Project Lead Shares Insight

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On Friday, the CEO of Twitter and Square, Jack Dorsey talked about the decentralized exchange Square is constructing called “TBD” or the “TBD BTC DEX.” First mentioned in July, Dorsey tweeted that the company has “determined [TBD’s] direction and he also shared a Twitter thread written by Mike Brock, the TBD lead at Square. Jack Dorsey and Mike Brock Share TBD’s ‘Direction’ Jack Dorsey has been talking an awful lot about the next steps Square has been taking in order to craft a hardware wallet and decentralized exchange (dex) bitcoin…

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‘Guidance is to just do it:’ Military expects additional retaliatory strikes on ISIS-K

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The U.S. military is actively hunting terrorists connected to the deadly attack in Kabul this week and expects to carry out additional airstrikes in the coming days and weeks, according to U.S. officials. President Joe Biden has given the Pentagon the “green light” to strike any targets affiliated with the Islamic State’s affiliate in Afghanistan, ISIS-K, the group responsible for the attack, without seeking White House approval, according to three U.S. officials with knowledge of the operation. Senior Pentagon leaders already had this authority, but Biden reaffirmed it in instructions…

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Afghanistan Is Not the ‘Graveyard of Empires’

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It was inevitable. With the hurried end of the U.S. involvement in Afghanistan, the old epitaph has been revived already in dozens of newspaper headlines, editorial cartoons and think pieces. It seems to spring from the lips of every other television commentator. “Afghanistan,” we are told, as if this explains everything, “is the graveyard of empires.” From Alexander the Great to 21st-century America, Afghanistan is supposed to have grievously weakened, if not ruined, all who dared to cross its borders. It’s a catchy phrase, one that evokes images of European…

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Opinion | What ISIS-K Means for Afghanistan

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The Taliban hadn’t run Afghanistan for two weeks before the nation saw its first horrific terror attack. Finger-pointing began immediately after Thursday’s suicide bombing near the Kabul Airport. President Joe Biden, in a speech to the nation, said America would hunt down the perpetrators—members of the extremist group ISIS-K, which has taken root in Afghanistan over the past several years. The Taliban blamed the United States, not for the bombing but for failing to keep things safe at the airport, saying the bombing “took place in an area where U.S.…

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U.S. airstrike targets Islamic State member in Afghanistan

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The United States military struck back at the Islamic State on Saturday, bombing an IS member in Afghanistan less than 48 hours after a devastating suicide bombing claimed by the group killed as many as 169 Afghans and 13 American service members at the Kabul airport. U.S. Central Command said the U.S. conducted a drone strike against an Islamic State member in Nangahar believed to be involved in planning attacks against the U.S. in Kabul. The strike killed one individual, and spokesman Navy Capt. William Urban said they knew of…

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Florida starts turning on DeSantis

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TALLAHASSEE — Florida Gov. Ron DeSantis has been untouchable for the past year as he commanded the Republican culture wars to become heir apparent to Donald Trump. The latest coronavirus surge is starting to change that. Covid infection rates continue to climb as the state faces shortages of health care staff, morgue space and even oxygen for patients. About 16,000 people are hospitalized. Child infection rates have shot up. School districts — even in Republican strongholds — have rebelled against DeSantis’ anti-mask mandates. And cruise lines are resisting DeSantis’ vaccine…

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Florida judge rules against DeSantis in school mask fight

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TALLAHASSEE — A Florida judge on Friday ruled that the DeSantis administration can’t punish local school districts for passing mask mandates, notching a win for parents who fought back against the Republican governor over his hands-off Covid-19 policies. By taking the enforcement mechanism out of DeSantis administration’s mask rules, Leon County Circuit Judge John Cooper stops the Florida Department of Education from leveling sanctions on school districts that require face coverings. The victory for parents and school boards, however, could be short lived as Gov. Ron DeSantis vows to appeal…

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Jan. 6 investigators demand records from social media companies

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The select committee investigating the Jan. 6 insurrection is seeking a massive tranche of records from social media companies, on whose platforms many defendants charged in the Capitol attack planned and coordinated their actions. In a series of letters dated Aug. 26, the Democratic-controlled panel asked the companies, which include Facebook, Google, Twitter, Parler, 4chan, Twitch and TikTok, for all records and documents since April 1, 2020, relating to misinformation around the 2020 election, efforts to overturn the 2020 election, domestic violent extremists associated with efforts to overturn the election…

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Capitol Police Lt. Michael Byrd speaks out on fatal shooting of Ashli Babbitt

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Lt. Michael Byrd, the U.S. Capitol Police Officer who fatally shot Ashli Babbitt during the Jan. 6 insurrection, defended his actions and revealed his identity for the first time in an interview with NBC’s Lester Holt that aired Thursday evening. “I know that day I saved countless lives,” Byrd told the network. “I know members of Congress, as well as my fellow officers and staff, were in jeopardy and in serious danger. And that’s my job.” The officer’s identity had been unknown until Thursday, even after he was internally cleared…

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‘It Nearly Killed Me’: Michael Caputo’s Life After Years Fighting for Trump

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McALLEN, Texas — The purpose of the work was on the sign above the door: “Restoring Human Dignity.” Inside the Humanitarian Respite Center, run by Catholic Charities of the Rio Grande Valley and a well-known nun who has the ear of the pope, Sister Norma Pimentel spoke into a microphone to the hundreds of migrants who just had been processed and released by the United States Border Patrol, then tested for Covid, then brought here. “Bienvenidos,” she said with a smile. “Welcome.” To her right, stacked tall against a wall,…

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The darkest day of Joe Biden’s presidency

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An already perilous withdrawal of U.S. personnel and allies from Afghanistan turned into something much darker on Thursday as the kind of catastrophe President Joe Biden had been warning about took place outside Kabul’s main airport. A series of terrorist attacks left at least 12 U.S. service people dead and 15 wounded — the deadliest U.S. casualty event in Afghanistan since 2011. It was the most devastating moment in Biden’s young presidency. In its wake, U.S. officials remained steadfast that they would conclude the evacuation mission from the 20-year war,…

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‘We will hunt you down and make you pay’: Biden vows retribution for deadly attack on U.S. forces in Kabul

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President Joe Biden on Thursday vowed to make terrorists “pay” for the deadly attacks that killed a dozen U.S. service members and wounded many others when ISIS militants set off multiple bombs outside of Kabul’s main airport earlier in the day. “To those who carried out this attack, as well as anyone who wishes America harm, know this: We will not forgive. We will not forget. We will hunt you down and make you pay,” Biden said during an evening news conference. “I will defend our interests and our people…

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Biden and Harris scrap meetings and events to focus on Afghanistan

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The White House cleared the schedules of President Joe Biden, Vice President Kamala Harris, the first lady and second gentleman on Thursday, following deadly attacks at the Kabul airport that killed and wounded multiple U.S. troops. Biden’s meeting with Naftali Bennett, the newly elected prime minister, was rescheduled for Friday. The president was supposed to meet with Bennett late Thursday morning, after he received what has become the daily national security briefing on the scene in Afghanistan. Biden will address the nation on Afghanistan Thursday afternoon. The president’s first meeting…

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U.S. officials provided Taliban with names of Americans, Afghan allies to evacuate

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U.S. officials in Kabul gave the Taliban a list of names of American citizens, green card holders and Afghan allies to grant entry into the militant-controlled outer perimeter of the city’s airport, a choice that’s prompted outrage behind the scenes from lawmakers and military officials. The move, detailed to POLITICO by three U.S. and congressional officials, was designed to expedite the evacuation of tens of thousands of people from Afghanistan as chaos erupted in Afghanistan’s capital city last week after the Taliban seized control of the country. It also came…

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Biden reschedules meeting with Israeli prime minster after Kabul attacks

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President Joe Biden’s bilateral meeting with the Israeli prime minister has been postponed, the White House said Thursday, following deadly attacks at the Kabul airport that killed and wounded multiple U.S. troops. The White House rescheduled the meeting with Naftali Bennett, the newly elected prime minister, for Friday. The president was supposed to meet with Bennett late Thursday morning, after he received what has become the daily national security briefing on the scene in Afghanistan. The president’s first meeting with the Israeli prime minister was supposed to be a time…

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U.S. troops injured in ISIS attacks on Kabul airport

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Multiple U.S. troops and civilians were injured when two explosions shook the area outside Hamid Karzai International Airport in Kabul in rapid succession this morning, where the United States and NATO allies had been evacuating thousands of people from the city, the Pentagon confirmed. “We can confirm that the explosion at the Abbey Gate was the result of a complex attack that resulted in a number of US & civilian casualties,” tweeted Pentagon spokesperson John Kirby, referring to the entrance to the airport, where four sources tell POLITICO that U.S.…

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Boris Johnson orders emergency meeting after Kabul airport attack

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U.K.’s Ministry of Defence says there were no British military or civilian casualties.

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Mad Money’s Jim Cramer Recommends Putting up to 5% of Portfolios in Crypto

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The host of CNBC’s “Mad Money” show, Jim Cramer, has recommended putting up to 5% of portfolios in cryptocurrency. Stating that he owns ethereum directly, Cramer affirmed that he is a believer in crypto. Jim Cramer’s Crypto Allocation Advice Mad Money host Jim Cramer shared his view on cryptocurrency investing Wednesday during his show’s “lighting round,” where he answered investment questions at rapid speed. A former hedge fund manager, Cramer co-founded Thestreet.com, a financial news and literacy website. He was asked whether long-term individual investors should have some portfolio allocations…

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Budweiser Purchases Rocket NFT — ‘King of Beers’ Buys Beer.eth ENS Name for $96K

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A variety of well-known brand names have joined the cryptocurrency space and the budding non-fungible token (NFT) ecosystem. Now the Anheuser-Busch brand Budweiser has jumped into the NFT game by purchasing an NFT on Opensea for 8 ether ($25.7K). Moreover, Budweiser also owns the domain name “beer.eth” after the firm purchased the name for 30 ether ($96K). Budweiser Joins the Blockchain Fray One of the largest-selling beers in the United States, Budweiser brand beer, is now getting into blockchain technology. Following the slew of household brands like Snickers, Milky Way,…

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NFT Gaming Token $GIF to Launch on Rocket Launchpad Following Tezotopia Marketplace Sellout

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NFTs are of the biggest developments to come from the emergence of DeFi, and have created a mania not seen in the market since the 2017 cryptocurrency bull run. NFT art has raised some fascinating questions over where value can be identified, but it is in the gaming world that NFTs could prove to be truly groundbreaking. NFT gaming is now one of the hottest spaces in crypto as leaders in the field create digital worlds with self-sustaining economies that utilize in-game NFTs that command a tangible value in the…

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Spain Prepares Registry for Cryptocurrency Exchanges and Custody Providers

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The authorities of Spain must prepare a registry of cryptocurrency exchanges and custody providers to comply with legal requirements to address transparency and terrorism financing issues. This registry is specified by the Prevention of Money Laundering and Financing of Terrorism Law, approved last year. The process, which started in April, gives these service providers until October to register. Spain to Create Virtual Asset Provider Registry The Bank of Spain must determine the requirements to start registering cryptocurrency exchanges and custody providers, as determined by Spanish law. The virtual asset service…

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Korea’s FSC Chairman Nominee Skeptical Over Cryptocurrency as Financial Asset

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A former central bank official, nominated to head South Korea’s financial watchdog, has expressed skepticism about recognizing cryptocurrency as a financial asset. In comments to a parliamentary committee, Koh Seung-beom has confirmed his views on the matter align with those of international institutions. Candidate to Head Korea’s Financial Regulator Says Crypto Is Not Currency Koh Seung-beom, who may become the next Chairman of the Korean Financial Services Commission (FSC), has shared doubts regarding the value of cryptocurrency as a financial asset and its currency status. On Wednesday, he was quoted…

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Mike Pompeo takes his own arrows over the Afghanistan collapse

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While the chaotic drawdown of the war in Afghanistan has taken a toll on President Joe Biden’s standing back home, it’s also complicated political matters for one prominent Republican with eyes seemingly on the White House. Few GOP officials have been more intimately involved with U.S.-Afghan relations than Mike Pompeo, who as Secretary of State helped lead negotiations with the Taliban to lead to an end of the 20-year-old war. With that ending now mired in chaos, Pompeo has rushed to the airwaves to defend his work and differentiate it…

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GOP faces hurdles in push to make Afghanistan matter in the midterms

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House Republicans hope to ride Joe Biden’s messy Afghanistan withdrawal to victory in the midterms. It won’t be that easy. With the GOP already in a strong position to retake the House next year, the president’s first major foreign-policy crisis could give the party an additional boost as it tries to chip away at his popularity. But several factors threaten to undermine Republican efforts to make Biden’s blunder stick — the most powerful being the nearly 15 months between now and the next election. Absent an all-consuming global conflagration, voters…

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Afghanistan’s a sh–show. But for K Street, it’s an opportunity.

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The deteriorating situation in Afghanistan has scrambled President Joe Biden’s Middle East policy. And as countries in the region sort out the new geopolitical landscape, seasoned K Street operatives are eagerly extending a hand to help. In recent weeks and months, a slew of Middle Eastern countries — Qatar, Libya and Turkey among them — have put out feelers to D.C. lobbying firms in an effort to bolster their presence in the U.S. capital, according to federal filings and K Street operatives. The outreach started in the wake of Biden’s…

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Fears loom over control of Afghanistan’s internet

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With the Taliban taking over, Afghans fear the end of open access to the internet, censorship and reprisals.

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Rich Dad Poor Dad’s Robert Kiyosaki Says Bitcoin Is the Investment With ‘the Greatest Upside’

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Rich Dad Poor Dad author Robert Kiyosaki says “Bitcoin has the greatest upside.” He also revealed that he invests in the cryptocurrency because he does not trust “our leaders, the Fed, Treasury, nor the stock market.” Robert Kiyosaki Reveals Why He Buys Bitcoin, Says the Crypto Has the Biggest Upside Robert Kiyosaki, the renowned author of the best-selling book Rich Dad Poor Dad, explained Tuesday why he invests in bitcoin, noting that the cryptocurrency has the biggest upside in the current environment. Rich Dad Poor Dad is a 1997 book…

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UK Regulator FCA Says Crypto Exchange Binance Has Complied With Its June Requirements

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The U.K. financial regulator, the Financial Conduct Authority (FCA), has announced that cryptocurrency exchange Binance has complied with the requirements it imposed on the company in June. The FCA further clarified that while Binance is allowed to provide some investment services, it is not authorized to provide services related to crypto assets in the U.K. Binance Has Complied With FCA’s Requirements Imposed in June The U.K. Financial Conduct Authority (FCA) announced Wednesday that Binance has complied with the requirements it imposed in June on Binance Markets Ltd. and other companies…

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Bitcoin Miners May Face Major Semiconductor Shortage — Sub-16 Nanometer Chip Costs to Rise by 20%

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Fears of a major semiconductor chip shortage have started to make headlines again as the chips power nearly everything from new cars, phones, computers, and a myriad of other items. Reports stemming from Malaysia show that semiconductor manufacturers are dealing with an uptick in Covid-19 cases and this is plaguing the supply chain. Moreover, the machines that secure the Bitcoin network are also powered by these chips, and semiconductor prices might increase by over 20% in the near future. Semiconductor Shortage Could Cause a 10-20% Rise in Chip Costs On…

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ABEYCHAIN Launches Decentralized Exchange XSWAP

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ABEY Foundation, the organization that oversees the activities of multi-layer blockchain protocol ABEYCHAIN has revealed the launch of XSWAP: its native decentralized exchange. This development is expected to herald the beginning of innovations with the ABEYCHAIN DeFi ecosystem. XSWAP: Built on ABEYCHAIN blockchain XSWAP is built on ABEYCHAIN infrastructure that is designed to be highly scalable and support up to 10,000 TPS. These qualities mean that the DEX will be able to handle greater amounts of transactions as adoption increases. XSWAP differs from traditional DEXes as it introduces a unique…

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Afghanistan’s a sh*tshow. But for K Street, it’s an opportunity.

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The deteriorating situation in Afghanistan has scrambled President Joe Biden’s Middle East policy. And as countries in the region sort out the new geopolitical landscape, seasoned K Street operatives are eagerly extending a hand to help. In recent weeks and months, a slew of Middle Eastern countries — Qatar, Libya and Turkey among them — have put out feelers to D.C. lobbying firms in an effort to bolster their presence in the U.S. capital, according to federal filings and K Street operatives. The outreach started in the wake of Biden’s…

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Opinion | ‘Anyone Got Any Helos Sitting Around?’: How a Private Network Is Using a Messaging App to Rescue Afghans

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The Signal channel begins to heat up late at night. In the hours before dawn in Kabul, before the daily crush and chaos resumes at the airport where tens of thousands of desperate Afghans and American citizens vie to reach transport planes on the other side of armed gates, the members of the #AfghanEvac group share information they hope will enable friends and former colleagues to escape the reach of Taliban revenge. The chat is frantic, a hypnotizing, disorienting kaleidoscope of spy-thriller drama (“anyone got any helos sitting around?” “I…

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Up to 1,500 Americans still waiting to be evacuated from Afghanistan, Blinken says

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As many as 1,500 Americans are still waiting to be evacuated from Afghanistan, and close to 4,500 Americans and their families have already been removed from the country, Secretary of State Antony Blinken said on Wednesday afternoon. The update on the numbers follows an earlier bungling of exactly how many Americans remain in Afghanistan, a move that frustrated lawmakers. Blinken noted that the tracking of Americans in Afghanistan was a complicated and swiftly moving process. The State Department originally counted 6,000 Americans in the country as of Aug. 14. “What…

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