‘The Unfair Advantage:’ Dune Actress Rebecca Ferguson Stars in Crypto-Centric TV Commercial

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In recent times cryptocurrency platforms have been airing a number of commercials on television in order to entice a broader audience to get into cryptocurrencies. The digital currency community has witnessed crypto commercials starring the seven-time Super Bowl winner Tom Brady and his supermodel wife Gisele Bündchen, award-winning director Spike Lee, and the actor Matt Damon. Another commercial starring actress Rebecca Ferguson is now airing on Bloomberg Television that promotes the institutional digital asset custody and trading solutions firm Copper.co. Institutional Digital Assets Custodian Copper Films Crypto Commercial With Dune…

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RChain and ZB: Toward a Queueless, Leaderless, Limitless Blockchain

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On November 2rd, 2021, RChain‘s blockchain scientist Atticbee visited ZB exchange as an invited guest for a very technical AMA. ZB is a global exchange being in operation for 8 years with a focus on keeping customers’ assets secure. Atticbee discussed the problems of current blockchain technology and RChain’s answer to these challenges, and why one day RChain will be the most user and developer friendly Web 3.0 infrastructure. What is Missing In All Current Public Blockchains In Atticbee’s view, none of existing public chains has addressed these issues that…

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Swedish Regulators Call for EU Ban on Crypto Mining, Power Company Defends Industry

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Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The Swedish officials believe this would encourage a move towards a more energy-efficient extraction of bitcoin while supporting the transition towards climate neutrality in Sweden and Europe. A state-run power company warns, however, that restrictions could have an adverse effect on global carbon emissions. Expensive Bitcoin Generates More Emissions, Swedish Authorities Allege The rising value of crypto assets attracts more businesses to join the competition to…

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Trump cannot shield White House records from Jan. 6 committee, judge rules

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A federal judge has rejected former President Donald Trump’s effort to block Jan. 6 investigators from accessing White House records related to his attempt to overturn the 2020 election, determining that he has no authority to overrule President Joe Biden’s decision to waive executive privilege and release the materials to Congress. “Presidents are not kings, and Plaintiff is not President,” Judge Tanya Chutkan wrote in her ruling. Trump immediately appealed the decision. The National Archives, which houses the White House records, has indicated it plans to hand over the sensitive…

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Mastercard Launches First Crypto-Linked Payment Cards for Asia-Pacific Region

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Payments giant Mastercard is launching crypto-linked payment cards for the Asia-Pacific region in partnership with three crypto service providers. “For the first time, consumers and businesses in the Asia Pacific region will be able to apply for crypto-linked Mastercard credit, debit, or prepaid cards,” Mastercard said. First Crypto-Linked Mastercards in Asia-Pacific Region Mastercard announced Monday that it has partnered with three crypto service providers across the Asia-Pacific region “to launch the region’s first crypto-linked payment cards.” The three partners are Amber Group, Bitkub in Thailand, and Coinjar in Australia. All…

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AMC Theatres on Track to Accept 4 Cryptocurrencies Next Month: CEO Expects Dogecoin and Shiba Inu to Follow

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The CEO of the world’s largest movie exhibition company, AMC Entertainment, says that his company is “on track” to accept four cryptocurrencies by year-end. Dogecoin (DOGE) is expected to be added in the first quarter of next year, and the company is currently figuring out how to take shiba inu (SHIB) as a currency. AMC Discusses Its Crypto Plans: Dogecoin, Shiba Inu Included AMC Entertainment Holdings (NYSE: AMC), aka AMC Theatres, provided an update of its crypto plans during the company’s Q3 earnings call Monday. AMC is the largest movie…

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Sununu announcement act rubs top Republicans the wrong way

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Mitch McConnell and Rick Scott found out the same way everyone else did that their top recruit to help secure the Senate majority was a no-go: They saw it on a local television livestream. After months of courting Gov. Chris Sununu to run for Senate — a campaign that strategists believed would have been a slam-dunk for Republicans as they angle to win back Senate control — the New Hampshire Republican unexpectedly dashed party hopes Tuesday. Not only that, he insulted the Senate in the process, thoroughly ruining what was…

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Sunu-no: Top GOP recruit won’t run for Senate

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New Hampshire Gov. Chris Sununu said Tuesday he won’t run for Senate — spurning national Republicans who clamored for him to challenge Democratic Sen. Maggie Hassan. Instead, Sununu will run for reelection, he said. “I’m going to run for a fourth term,” Sununu said during a Concord press conference. “We have a lot more to do to protect the interests of New Hampshire citizens, and it’s just clear that I can be most effective doing that here in the corner office in the Granite State.” Sununu, the popular GOP governor,…

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UK Government Survey Shows 45% of Britons Would Ban Cryptocurrencies for Environmental Reasons

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Just before the 26th United Nations (UN) Climate Change Conference (COP-26), the UK government polled 3,071 adults from Britain to ask them their opinions on cryptocurrencies and the crypto industry’s effects on climate change. According to the survey, 45% of Britons would support banning crypto assets for environmental reasons and 18% would oppose a ban. Even though 45% of the polled crowd would ban crypto assets, very few respondents think a ban would be effective. 45% of British Adults Surveyed Would Ban Crypto Assets Over Climate Change Concerns This week…

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The Parental Revolution Is Bigger Than Critical Race Theory

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It’s the parents, stupid. A week ago tonight, as I watched the returns in Virginia from my home in North Carolina, snippets of my reporting from around the country over the course of this past year began to feel more and more like a trail of so many predictive cookie crumbs: The centrality of schools already back in the spring in the uber-political battlefield of Ron DeSantis’ Florida. The nonstop drumbeat of the talk about school boards every time I went to Ohio. Even just the consternation about masks or…

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Polygon Deploys Fiat on-Ramps via Alchemy Pay, Enabling Direct Fiat Payments for DeFi

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Polygon, an Ethereum scaling platform onboarding millions to Web3, has announced the addition of convenient and flexible fiat payment onramps for the Polygon Network, thanks to a new partnership with Alchemy Pay. Alchemy Pay will create a bridge between fiat and crypto payments by embedding into the Polygon Network, enabling any Polygon-based protocol to set up a fiat on-ramp. The new capability is expected to propel the next phase of growth for Polygon’s DeFi ecosystem. More than 4,000 hosted applications within Polygon’s DeFi ecosystem will now be able to enact…

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Apple’s CEO Owns Crypto – Tim Cook Thinks ‘It’s Reasonable to Own as Part of a Diversified Portfolio’

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The CEO of the tech giant Apple, Tim Cook disclosed that he owns cryptocurrency and said that he thinks it’s reasonable to own it as part of a diversified portfolio.” Cook’s statements stemmed from an appearance with the New York Times Dealbook’s host Andrew Ross Sorkin. Apple CEO Tim Cook Tells the Press He Owns Crypto and It’s Something Apple Is ‘Looking At’ The cryptocurrency economy has been on a tear and recently captured $3 trillion in value this week as bitcoin (BTC) and a number of other crypto assets…

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Watchdog: 13 Trump officials violated Hatch Act during 2020 campaign

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More than a dozen top Trump administration officials violated the terms of the Hatch Act in the run-up to the 2020 elections, the U.S. Office of Special Counsel said in a report released Tuesday. The list includes several cabinet officials and top White House aides, including Trump’s former Secretary of State Mike Pompeo, chief of staff Mark Meadows and press secretary Kayleigh McEnany. The report depicts an administration that felt little obligation to the terms of the 1939 law, stating that some officials “intentionally ignored the law’s requirements and tacitly…

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Government Official Says Zimbabwe Currently Gathering Views on Cryptocurrencies

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An official with the Zimbabwean government recently confirmed the country’s administration is currently gathering views about cryptocurrencies from knowledgeable persons. Government’s Lingering Concerns Charles Wekwete, who is the head of the e-government unit, suggested that the country will only adopt a formal position on cryptocurrencies once the consultation process is complete. According to a Sunday News report, Wekwete — who addressed delegates that attended an IT summit that was held in Victoria Falls — made the comments while responding to an inquiry from the attendees. The attendees had asked Wekwete…

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US Treasury Sanctions 2nd Cryptocurrency Exchange, DOJ Seizes $6.1 Million

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The U.S. Treasury Department has sanctioned a second cryptocurrency exchange “for facilitating financial transactions for ransomware actors.” Two ransomware operators have also been sanctioned and $6.1 million in funds were seized. US Treasury Sanctions Another Cryptocurrency Exchange The U.S. Department of the Treasury announced Monday that its Office of Foreign Assets Control (OFAC) has sanctioned ransomware operators and a cryptocurrency exchange. Crypto exchange Chatex and its associated support network have been sanctioned “for facilitating financial transactions for ransomware actors,” the Treasury states. “Analysis of Chatex’s known transactions indicate that over…

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India Plans to ‘Fast Track’ New Cryptocurrency Bill, Seeks to Take ‘Middle Path’ to Regulate Crypto: Report

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The Indian government is reportedly trying to “fast track” a modified cryptocurrency bill to be introduced in the winter session of parliament. India’s crypto legislation is expected to take a “middle path” approach to balance all stakeholders’ concerns. India Reportedly Modifying Crypto Bill to Introduce at the Start of Winter Session of Parliament India is currently working on cryptocurrency regulation. The government is now considering taking a “middle path” that balances all stakeholders’ concerns to regulate cryptocurrencies, the Economic Times reported Monday, citing an unnamed government source. An outright ban…

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International Chess Federation Will Launch the Sport’s Global NFT Marketplace on Everscale Network (Ex-FreeTON)

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FIDE, the International Chess Federation, has become the first global sports federation to launch its own NFT marketplace. It announced a partnership with core developers of the Everscale Network (ex-FreeTON), TON Labs, to launch ChessNFT.com – a new chess non-fungible token (NFT) ecosystem. Full marketplace functionality is scheduled for later this month, to coincide with the upcoming World Championship in Dubai. ChessNFT hopes to welcome a new demographic to the world of blockchain, attracting both players and fans of chess alike. Users will be able to bid on and purchase…

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As Bitcoin Soared Past $68K, Plan B Says Floor Model Shows BTC Reaching ‘$100K This Year’

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On November 8, 2021, the price of bitcoin reached an all-time high of $68,564 per unit at 10:57 p.m. (ET) on Monday evening. Meanwhile, Plan B, the creator of the bitcoin price model called stock-to-flow (S2F), has correctly predicted the last three months of bitcoin prices and recently said that based on the floor model the price will reach $100K this year. ‘Bitcoin Looking Strong’ — Plan B’s Poll Results Show 40% of Voters Believe $100K Will Happen This Year Four months ago in June, Plan B tweeted that his…

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Latest West Africa Art Fair Features NFTs, Organizers Highlight Importance of Blockchain

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The organizers of Art X Lagos, a West Africa art exhibition, recently kickstarted a non-fungible token (NFT) art fair that features the works of African artists drawn from more than six countries. Blockchain Provides Important Opportunity for Artists In a statement made on Art X Lagos’ website, the organizers argue that blockchain is now providing digital artists with an opportunity to sell their work. They added that such a paradigm shift opens up the possibility of a more decentralized and more collaborative economy, where creators can lead the way towards…

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The Senate’s year-end to-do list is ‘going to be a train wreck’

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As Mark Warner considers the Senate work left undone as the holiday season dawns, he’s weighing a couple of potentially ugly scenarios. “Having only other senators to kiss on New Year’s Eve?” the Virginia Democrat deadpanned about the chamber’s upcoming December pile-up. “The only thing that might be worse would be opening each other’s stockings on Christmas Eve.” The Senate is only scheduled to be in three weeks for the rest of 2021, with a recess set to start Dec. 10. There’s almost no chance that schedule holds at this…

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Biden made huge promises to HBCUs. Can he sell its students on compromise?

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It’s Sunday, just after 11 a.m. and dozens of current and former Howard University students and alumni sit on black folding chairs under a white tent outside the famed Andrew Rankin Memorial Chapel. A choir of more than a dozen stand in front of a crowd singing a gospel song that holds a little extra weight this year. “Hold out, don’t give up. Help is on the way.” The help students want is both specific and broad. At its simplest level, they are demanding that the school fix their living…

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Biden wants unvaccinated workers to pay for Covid testing. Business could still end up footing the bill.

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President Joe Biden wants unvaccinated workers to pay for office Covid-19 testing. But their employers could still end up footing much of the bill. The administration says firms can make employees who opt out of the shots pay for required weekly testing. Business groups and labor-law experts argue that existing laws will likely require companies to cover those costs for workers who claim religious or disability exemptions to the Covid-19 vaccines, at a price that could reach hundreds of dollars per person each month. The prospect of hitting businesses with…

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Dems weigh a GOP shutout in Maryland redistricting

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Maryland Democrats are on the brink of deciding whether to wield their redistricting axe on the state’s only Republican member of Congress. Legislators in Annapolis are expected to unveil drafts of a new congressional map this week, offering potential blueprints for the state’s eight House seats for the next decade. And while there are certainly enough Democratic voters in the state to make all of them blue, it’s not clear how aggressive mapmakers will ultimately be in targeting GOP Rep. Andy Harris. Democrats have total power over the redistricting process…

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Makaveli Album 25th Anniversary Digital Collection Available Now

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PRESS RELEASE. Hollywood, CA – Riskie Forever, renowned creator of the iconic album cover art of “The Don Killuminati: The 7 Day Theory”, steps onto the digital collectibles stage in partnership with Zelus for a truly unique NFT collection. Beginning on November 5th, the 25th anniversary of the acclaimed album’s release, Zelus will release a series of twenty-five NFTs every day for seven days, each one inspired by the cover art of the Death Row Records classic. The collection will features all new digital artwork inspired by Riskie Forever’s original…

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Ethereum Name Service to Pivot to DAO Governance, Airdrops ENS Token to Domain Holders

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The Ethereum Name Service (ENS), the entity that controls the decentralized domains built on top of Ethereum, announced it would pivot to a decentralized governance model, opening the door to the formation of a DAO (decentralized autonomous organization). The ENS is now calling for delegates to propose their views to the community in order to be elected. The airdrop of the DAO tokens will open on November 8. ENS Pivots to Decentralized Governance The Ethereum Name Service, the organization behind the decentralized domain service on Ethereum, announced recently its intention…

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Bitfarms Reveals Argentina Mega-Mining Farm Location Details

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Bitfarms, the Canada-based Bitcoin mining unicorn, has at last revealed details about its activities in Argentina. The company says that the Bitcoin mega mining farm, whose construction started last month, will be built in the province of Cordoba, in association with a private power plant. Bitfarms will purchase the energy directly from this private power company, reportedly without causing stress to the power grid of the country. Bitfarms Opens Up About Plans in Argentina Bitfarms has revealed details about the construction of its bitcoin mega-mining farm in Argentina, which, when…

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StackSwap Raises $1.3 Million in Funding Round to Build DEX on Bitcoin Network

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PRESS RELEASE. Prague, Czech Republic, 5 Nov 2021, StackSwap, the first complete DEX and Launchpad on the Bitcoin Network has announced the completion of its private round. According to the official press release, the blockchain platform was able to raise $1.3 million during the funding round. The investment round was led by the Stacks Foundation along with key blockchain venture capitalists including HashKey, Genesis Block Ventures (GBV) and SOSV. The early investors share the long-term vision of StackSwap to eventually become the biggest DEX on the Bitcoin Network. Stacks protocol…

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Fashion and Beauty Firm Vogue Singapore to Drop NFT Covers via Opensea

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On November 10, 2021, Vogue Singapore, a team dedicated to fashion, beauty, and “stories that matter,” is launching a non-fungible token (NFT) drop on the marketplace Opensea. The drop will be the fashion and lifestyle magazine’s first NFT collection featuring digital-only Vogue covers crafted by NFT artists. Vogue to Drop the Firm’s First NFT Collection The fashion and lifestyle magazine Vogue and its subsidiary from Singapore is entering the world of non-fungible token (NFT) collectibles. The fashion firm is an old company as it was founded in 1892 by Arthur…

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NYC Mayor-Elect Wants Schools to Teach Crypto, Says Bitcoin Is New Way to Pay for Goods and Services

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New York City Mayor-elect Eric Adams plans to make NYC the center of crypto and innovation. He says we must open our schools to teach cryptocurrency and blockchain technology, noting that bitcoin is “a new way of paying for goods and services throughout the entire globe.” NYC Mayor-Elect Wants Schools to Teach Bitcoin, Crypto, Blockchain New York City Mayor-elect Eric Adams talked about making NYC the center for innovation and cryptocurrency in an interview with CNN Business Sunday. He also explained the reasoning behind his tweet saying that he will…

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Square Unveils Plans to Help Bitcoin Become the Native Currency for the Internet

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Square Inc. has affirmed that its focus is on helping bitcoin become the native currency for the internet. CEO Jack Dorsey explained, “We have a number of initiatives toward that goal” that will help “bitcoin reach a mainstream audience while at the same time strengthening the network and ecosystem.” Square’s Focus Is on Helping Bitcoin Become the Native Currency for the Internet Square Inc. reiterated its commitment to bitcoin during the company’s Q3 earnings call Friday. Square also revealed that its mobile payment platform Cash App generated $1.8 billion in…

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Progressives seek payback on Buffalo’s write-in mayor

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Buffalo Mayor Byron Brown infuriated progressives with his winning write-in campaign last week against the democratic socialist who beat him in the primary. Now prominent left-wing Democrats are calling for the veteran New York mayor’s head, urging Democrats to strip Brown of his position on the Democratic National Committee. “When you pull a stunt like this, somebody wins a primary, a working-class woman, and you go to every rich donor in both parties to fund a write-in campaign … it’s a disgrace,” said Larry Cohen, chair of the Bernie Sanders-aligned…

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The Crypto Economy Soars Past $3 Trillion — Momentum of Value Grew Much Faster Than Apple’s Market Valuation

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On November 8, 2021, the cryptocurrency economy’s market capitalization reached the $3 trillion mark after gathering significant value over the course of 12 years. The overall value of the 10,464 crypto-assets in existence is now larger than Microsoft’s market valuation at $2.52 trillion and Apple’s $2.47 trillion market cap. Cryptocurrency Economy Is Now More Valuable Than Company’s Like Microsoft, Apple, Google, Saudi Aramco Statistics indicate that on Monday, November 8, the net worth of the entire crypto-economy is valued at over $3 trillion, after jumping roughly 3.7% in value during…

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Jan. 6 committee subpoenas Trump allies linked to D.C. ‘war room’

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The Jan. 6 Committee is homing in on the top actors linked to Donald Trump’s last-ditch attempt to overturn the 2020 election, newly subpoenaing campaign employees and allies linked to the infamous “war room” that was used to strategize how to reverse the election results. The committee is demanding testimony from half a dozen denizens of Trump World, including people who met with Trump personally as he tried to deny the election results. On Monday, they subpoenaed John Eastman, Michael Flynn and former New York Police Commissioner Bernie Kerik; as…

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The Future of Nightlife Is Here: Bitcoin of America Adds Bitcoin ATM to Joy District Chicago

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PRESS RELEASE. Popular Bitcoin ATM operator, Bitcoin of America, has announced their newest location in one of Chicago’s hottest nightclubs. Joy District is known for its nightclub/restaurant hybrid. It is located in the heart of River North and has been awarded as one of Chicago’s best and hottest rooftop bars. You can now socialize at Joy District with friends and even interact with a Bitcoin ATM all at the same time. Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States…

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Athletic Shoe Giant Nike Looks Poised to Tackle Metaverse and NFTs: Report

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Nike, the American multinational footwear and sports apparel giant, is getting ready to step into the metaverse and the world of non-fungible token (NFT) technology. Reports show Nike has a few employees “thinking about the metaverse” and a 2019 patent for “cryptokicks” indicates Nike has been preparing to use NFTs for quite some time. Nike’s Well-Known Trademarks and ‘Downloadable Virtual Goods’ Several reports indicate that Nike (NYSE:NKE) is getting ready to step into the non-fungible technology realm and the footwear corporation may have been preparing to do so for a…

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Binance CEO: Avoiding Cryptocurrency Scams, Squid Game Token and Other Defi Risks

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The following article was written by CZ, Binance CEO & Co-Founder. DYOR, or do your own research, is a concept I think every investor should know about. It’s as close to a golden rule as anything in the world of crypto, but it applies more even broadly to anything you’re planning to invest in, from Bitcoin and bonds to stablecoins and stocks. Earlier this week, the anonymous developers behind a DeFi project named Squid Game token abruptly performed a “rug pull”, a common scam where the team behind a crypto…

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Russia to Change 13 Laws and Codes for Digital Ruble

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Authorities in Russia are gearing up to amend various pieces of legislation to facilitate the issuing and function of the digital ruble. Officials in Moscow believe this version of the national fiat needs to be regulated separately from other digital forms of money such as cryptocurrencies. Russia Prepares to Trial Digital Ruble, Officials Say CBDC Needs Its Own Regulations Russian lawmakers are planning to begin work on legal changes necessary to implement the digital ruble concept in January 2022. These efforts will commence alongside the launch of an experiment for…

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GOP lobbyists say corporate America is coming back into the tent

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Republican lawmakers appear more likely to take back Congress in 2022. And corporate America is taking notice. A host of Republican lobbyists say that Tuesday’s elections in Virginia and New Jersey have ignited interest from their corporate clients on making inroads with GOP officials on the Hill. They suspect that cash will soon start flowing from corporate PACs to their party’s lawmakers too. “After talking to several clients today, they’ll be a lot more aggressively Republican giving” over the next six months, said Brian Ballard, a top GOP lobbyist with…

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The Moment the NRA Decided to Embrace the Culture Wars

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At 5:30 a.m. one morning in early 2013, soon after a gunman in Sandy Hook killed 26 people, National Rifle Association lobbyist Abra Belke was woken up by a phone call. She was shocked to hear a U.S. senator on the line angrily shouting, “Why would you do this?” The lawmaker was Sen. Mary Landrieu, a Democrat from a red state, saying she had just been put in an impossible situation by the NRA. The subject of the call was an ad produced by the NRA’s public relations firm, Ackerman…

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Republican wave builds to take back the House

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Republicans could hardly be better poised to recapture the House majority. Increasingly aggressive redistricting, a diverse slate of candidates raking in record-breaking amounts of cash and a political atmosphere that just keeps getting more favorable has Democrats watching with a growing sense of dread. Last week alone, the GOP saw the stirrings of a full-fledged suburban revival from Virginia to New Jersey to New York — and also possibly ended the careers of as many five Democratic incumbents with punishing new congressional maps in three other states. Republicans were plotting…

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The Democratic Senate majority was already dicey. Then came Virginia.

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Democrats go into the midterm election with one advantage — a favorable map that gives some reason to think the party can hold its miniscule Senate majority next year. But it’s not going to be enough on its own to save them in the current political environment. Not after what Tuesday’s election results revealed. Double-digit swings toward the GOP in races in Virginia and New Jersey last week suggest the seats Democrats narrowly won in recent special elections in Georgia and Arizona will prove difficult to defend, and the Senate…

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VA rejects cannabis research as veterans plead for medical pot

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Jason Dunlap found that cannabis eased his PTSD, chronic pain and insomnia, but he hid his pot use from VA doctors, believing it was taboo for veterans relying on government care. It took some research for the retired Army sergeant first class to determine he could actually tell the VA he was using cannabis, but even then his doctors couldn’t tell him how to use it safely and effectively. Dunlap, 42, has instead turned to YouTube, research papers online, dispensary workers — and even actor Jim Belushi, now a notable…

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Square Enix Contemplates ‘Robust Entry’ Into Blockchain Games as Part of Business Strategy

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Square Enix, one of the biggest developers and publishers in the gaming world, has acknowledged the importance that NFTs and blockchain gaming could have for the future of the company. In its latest briefing session, Square Enix contemplated a “robust entry” into the blockchain games sector as part of its medium-term strategy process. Square Enix to Enter Blockchain Market Square Enix, developers of popular gaming franchises such as Final Fantasy, Dragon Quest, and Kingdom Hearts, has revealed intentions of expanding its business model to now tackle the blockchain gaming market.…

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Solana Ventures, FTX, and Lightspeed Launch $100 Million Blockchain Gaming Fund

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Solana Ventures, the investment arm of the Solana blockchain, FTX, and Lightspeed, a venture capital firm, have announced the launch of a joint web3 gaming initiative. The fund will have $100 million at its disposal to invest in gaming projects using blockchain-based systems in the Solana network. The fund has already made its first investment in Faraway, a Solana-based gaming company. Solana Ventures, FTX, and Lightspeed Put Funds Behind Blockchain Gaming A new blockchain gaming fund has been launched by Solana Ventures, the investment arm of the Solana blockchain, FTX,…

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Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial Monitoring

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The Senate in Kazakhstan has approved amendments aimed at preventing the legalization of illicit funds which will affect companies dealing with digital assets, among others. The new legislation subjects crypto service providers to the country’s financial monitoring regime. Senators Back Law Concerning Crypto Services in Kazakhstan Members of the upper house in Kazakhstan’s parliament, the Senate, have recently adopted new legislation tailored to improve the prevention of the laundering of proceeds of crime and the financing of terrorism. Key provisions adopted with a new law pertain to the establishment of…

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LBank: DafriBank Aims for Making DBA Africa’s Number 1 Cryptocurrency

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PRESS RELEASE. Since blockchain technology and crypto have become the power of the next industrial revolution in recent years, Africa has been making concerted efforts to ensure inclusion in the conversation. As a multipurpose African bank with over 200,000 customers around the world, DafriBank brings the Digital Bank of Africa (DBA) project into existence, and aims for making it Africa’s number 1 cryptocurrency. Taking a step forward, DBA is listed on trading platforms like LBank Exchange, to further expand its global influence and reach. Introducing DafriBank DafriBank is a multipurpose…

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Leading NFT Marketplace Opensea Surpasses $10 Billion in All-Time Sales

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This weekend, the non-fungible token (NFT) marketplace Opensea surpassed $10 billion in all-time sales. Statistics show that 629,867 traders contributed to the $10 billion in sales and the average sale price since the NFT market’s launch is $872 per NFT. Opensea Cracks $10 Billion in All-Time Sales NFTs have become very popular in 2021 and the trend continues toward the end of the year. Just recently, Bitcoin.com News covered the NFT industry and market action data compiled by nonfungible.com. The report had shown 2021’s third quarter broke records surpassing the…

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How to Overcome Tribalism, the Shouty Minority and Facebook Toxicity

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Have modern politics become irredeemably tribal? In September, Thomas Friedman decried the “virus of tribalism” infecting the United States and other democracies. “Politics in the United States continues to feel increasingly tribal and divisive,” noted CNN’s Christiane Amanpour in 2018. If there’s one thing pundits have agreed on over the last few years — particularly in the Trump era — it’s that tribalism in politics is on the rise, and that’s a problem. Or maybe it’s not that new — and the underlying problem lies inside us. For my recent…

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What the 14th Century Plague Tells Us About How Covid Will Change Politics

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Nearly 700 years ago, Europe experienced the single most devastating pandemic in recorded human history. Within a timespan of roughly four years (1347–1351), an outbreak of plague tread an awful path across most of the continent, claiming the lives of about half of the population. Economic activities like mining and metallurgy came to a complete stop. In some cases, villages constructed around marginal agricultural lands were entirely abandoned, to be reclaimed by the forests. Chroniclers at the time referred to the event as the “Great Mortality” — today we know…

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JPMorgan Doubles Down on Bitcoin Price Prediction of $146K

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Global investment bank JPMorgan has doubled down on its bitcoin price prediction of $146K. The bank’s analyst explained that the price of the cryptocurrency could reach that level if its volatility subsides and institutional investors start investing in bitcoin more than gold in their portfolios. JPMorgan Renews $146K Bitcoin Price Prediction JPMorgan released an inaugural report of its new publication last week focusing on the outlook for alternative investments, including digital assets. A new report is expected to be released every two to three months. The firm’s analyst Nikolaos Panigirtzoglou…

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Elon Musk Lets Twitter Poll Decide if He Should Sell $20 Billion in Tesla Stock — Investors Suggest Buy Bitcoin

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Tesla and Spacex CEO Elon Musk has asked his Twitter followers whether he should sell his Tesla stock. He has also promised to abide by the results of the poll. Many people urge Musk to sell his Tesla shares and put money into cryptocurrency, particularly bitcoin. Elon Musk Asks Twitter Followers to Decide Whether to Sell His Tesla Shares; Most Said Yes Tesla CEO Elon Musk set up a poll on Twitter Saturday asking his 62.7 million followers to decide whether he should sell 10% of his Tesla stock. “Much…

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Billionaire Stan Druckenmiller Warns Crypto, Meme Stocks, Bonds Are in a Bubble: ‘This Bubble Is in Everything’

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Billionaire investor Stan Druckenmiller has warned that everything is in a bubble, mentioning cryptocurrency, meme stocks, equities, and bonds in particular. “This bubble is in everything, every asset on the planet,” Druckenmiller stressed. Druckenmiller’s Warning: Every Asset Is in a Bubble Stan Druckenmiller discussed bubbles and value investing last week in a conversation with American billionaire investor and hedge fund manager Seth Klarman at the Boston Investment Conference. Druckenmiller is chairman and CEO of Duquesne Family Office LLC. He was previously a managing director at Soros Fund Management where he…

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Onecoin’s $18.2M London Penthouse: Trial in Germany Reveals ‘Cryptoqueen’ Ruja Ignatova’s Lavish Lifestyle

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The Onecoin Ponzi scheme is still making headlines as reports from a trial in Germany revealed the missing ‘Cryptoqueen,’ Ruja Ignatova, purchased a London penthouse worth $18.2 million with proceeds from the Onecoin operation. The Münster court’s findings stem from the trial against Martin Breidenbach, Ignatova’s German attorney, who is being accused of money laundering. ‘Cryptoqueen’ Ruja Ignatova’s $18.2 Million London Penthouse – Apartment Stuffed With Fine Art, Rare Andy Warhol Piece Ruja Ignatova, Onecoin’s ‘Cryptoqueen,’ purchased a luxury penthouse apartment in London via a shell company, according to recent…

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Democrats just got their clocks cleaned. No one seems ready to change anything.

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The focus groups with Virginia voters are already underway, as Democrats try to make sense of a dismal off-year election that set off panic alarms across the party. The center-left group Third Way is among those conducting the sessions, which are suddenly so abundant that the local company they use to recruit participants and facilitate interviews was booked solid from right after the election. But whatever they discover during their post-election reckoning, there’s little evidence any of the findings will stick — or that the party will prove capable of…

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Democrats sweat midterm fallout from Nevada party crack-up

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A war between Harry Reid’s political machine and pro-Bernie Sanders forces is dividing Democrats in a key swing state — and dragging in the Democratic National Committee on the eve of a critical midterm election year. The Nevada feud, which erupted earlier this year when insurgent Sanders supporters took over the state party from allies of the former Senate majority leader, has spiraled into a flurry of resignations, embarrassing headlines and the creation of a fully operating shadow party. The rift is threatening Democrats’ chances of defending a Senate seat…

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Pipeline pile-on: Biden faces heat from Canada, Republicans, Michigan’s governor and the price of propane

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President Joe Biden’s plans to push the country away from fossil fuels and toward clean energy are facing an unexpected hurdle: the price of propane in Escanaba, Michigan. Biden took the stage in Glasgow last week to promise world leaders the U.S. was ready to lead the charge against climate change. But the messy pipeline fights in the U.S. are putting his administration in the crossfire between environmentalists and Indigenous groups eager to block fossil fuel projects and Republicans who are ramping up attacks blaming the White House for soaring…

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While the Value Locked in Defi Soars, Dozens of Dapps Leverage Cross-Chain Support

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Decentralized finance (defi) protocols continue to shine as the total value locked in defi is over $260 billion. While Ethereum started the defi trend and holds the lion’s share of TVL in defi, a great number of decentralized applications (dapps) are supporting a slew of alternative blockchains. Today’s Most Popular Dapps Support More Than One Network On November 7, the total value locked in defi is $260 billion according to defillama statistics on Sunday. When defi first started making waves, most of the dapps that people interacted with leveraged the…

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The $30 billion woman: Megadonor Miriam Adelson leaps back into politics

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LAS VEGAS — Republican megadonor Miriam Adelson — the widow of casino mogul and longtime GOP kingmaker Sheldon Adelson — is staging a return to politics, positioning herself to be a force in the 2022 midterms and beyond. Adelson, who with her husband formed the Republican Party’s most powerful donor couple for the last decade, quietly held meetings in her Las Vegas home with a select group of GOP leaders and potential 2024 presidential candidates in the last few days. It represents a coming out for the 75-year-old Adelson, who…

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Jack in the Box Sues Crypto Exchange FTX for ‘Brazenly and Illegally’ Copying Mascot

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Restaurant chain Jack in the Box has sued cryptocurrency exchange FTX alleging that the crypto company “brazenly and illegally copied or derived its ‘Moon Man’ mascot” from its own mascot. The lawsuit details that FTX’s refusal to stop using Moon Man has caused Jack in the Box “considerable economic damage and irreparable harm, including by devaluing the goodwill associated with Jack.” Jack in the Box Says FTX’s Moon Man Is an ‘Inferior Version of Jack’ One of America’s largest hamburger chains, Jack in the Box (JITB), has sued cryptocurrency exchange…

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Congress Passes $1.2 Trillion Infrastructure Bill — Crypto Advocates Criticize Amended Broker Definition, Tax Code 6050I

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Congress has passed the Biden administration’s bill aimed at improving infrastructure, fighting climate change, and bolstering social services. The $1.2 trillion infrastructure bill, which also expands the definition of a broker, awaits U.S. president Joe Biden’s signature after passing with a vote of 228–206 on Friday. Bipartisan Infrastructure Bill Passes to the Tune of $1.2 Trillion The bipartisan infrastructure bill has been a hot topic in recent times and on Friday the bill passed in Congress and now awaits president Biden’s approval. The passing followed weeks of delays and debates…

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Digital Euro Should Be Attractive But Not ‘Too Successful,’ ECB’s Panetta Says

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The digital euro should be an attractive means of payment but its design should prevent it from becoming so successful as a store of value that it threatens banks and private money, according to Fabio Panetta, a high-ranking executive at the European Central Bank. Panetta stressed that both this paradox as well as the need to issue a successful CBDC need attention. Europe’s Digital Currency to Complement Cash and Be Monterey Anchor While cash currently provides people with access to central bank digital money, its importance in payments is declining…

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Dems sweat civil war between Harry Reid machine and pro-Sanders forces

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A war between Harry Reid’s political machine and pro-Bernie Sanders forces is dividing Democrats in a key swing state — and dragging in the Democratic National Committee on the eve of a critical midterm election year. The Nevada feud, which erupted earlier this year when insurgent Sanders supporters took over the state party from allies of the former Senate majority leader, has spiraled into a flurry of resignations, embarrassing headlines and the creation of a fully operating shadow party. The rift is threatening Democrats’ chances of defending a Senate seat…

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China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets

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China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese central bank, the People’s Bank of China (PBOC). In addition, the government digital wallet has been downloaded by about 140 million people. Digital Yuan’s Adoption Rises, Nearly $10 Billion Transacted Mu Changchun, the director-general of the digital currency institute of China’s central bank, the People’s Bank of China (PBOC), shared the adoption progress of the digital yuan at Hong Kong’s Fintech Week conference Wednesday. He…

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Decentralized Indexing Provider Aleph.im Launches Serum Markets Analytics

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Crypto proponents and market observers can now gain insight into Solana’s and Serum’s liquidity infrastructure ecosystem via the analytics and decentralized indexing provider Aleph.im. The cross-blockchain computing project says the induction of Serum Markets will “help surface valuable trading data on Project Serum.” Aleph.im Adds Project Serum Support During the last quarter of the year, the Solana (SOL) protocol and its native asset saw significant growth. In the last three months, SOL has gained a massive 542% and the market cap has entered the top ten crypto markets by capitalization.…

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Bank of America Executive Sees Crypto as Asset Class: ‘I Don’t View It as Competition at All’

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Bank of America’s chief operating officer does not see cryptocurrency as competition. Instead, he views it as an asset class, noting that “people like it for all sorts of different reasons.” Bank of America’s COO on Crypto: ‘I Don’t View It as Competition at All’ Bank of America COO Tom Montag talked about cryptocurrency Thursday in an interview with Chainalysis CEO Michael Gronager at a conference hosted by the blockchain analytics firm in New York. Montag is also president of Bank of America’s Global Banking and Markets and a member…

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Investors sour on cannabis after Democrats fail to help industry

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The marijuana industry is in a deep financial funk. Stock prices have plummeted roughly 45 percent since mid-February, according to the AdvisorShares Pure U.S. Cannabis ETF, a popular gauge of the sector. Over the same time period, the broader S&P 500 is up about 20 percent. “It’s got to be one of the worst performing asset classes in the United States, sadly,” said Morgan Paxhia, co-founder of Poseidon Asset Management, a cannabis investment firm. One big reason for the financial doldrums is that Congress and the Biden administration have done…

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Square’s Cash App Generates $1.8 Billion in Bitcoin Revenue, BTC Profit up 29% in Q3

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Square Inc. has reported bitcoin revenue of $1.82 billion in the third quarter, an 11% increase from the same period last year. Its bitcoin gross profit was $42 million during the time period, a 29% increase year-over-year. Square’s Bitcoin Profit up 29% in Q3 In the company’s Q3 2021 Shareholder Letter, published Thursday, Square Inc. reported total net revenue of $3.84 billion in the third quarter, up 27% year-over-year. The company’s bitcoin revenue is generated from its mobile payment service, Cash App. The platform generated $2.39 billion in revenue and…

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Polygon Reveals Details About Its Future Collaboration With LBank During AMA

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PRESS RELEASE. Recently, LBank Exchange held an AMA session with the Polygon team, discussing Polygon’s achievements, collaborations, NFT and Gaming markets, Nightfall solution, future plans and so on. Here’s the summary of this AMA. Ethereum is the blockchain development platform of choice, but it has limitations such as low throughput, poor UX, and no sovereignty. As a protocol and a framework for building and connecting Ethereum-compatible blockchain networks, Polygon breaks through these limitations by aggregating scalable solutions on Ethereum and supporting a multi-chain Ethereum ecosystem. Polygon Outperforms Ethereum In-terms Of…

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Moscow Confirms Arrest of Russian Crypto Entrepreneur in Amsterdam, Report Mentions FBI

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Authorities in the Netherlands have arrested a Russian national with a cryptocurrency business, the Foreign Ministry in Moscow has confirmed. The man involved in the establishment of two crypto exchange platforms was apprehended earlier this month, reportedly on a request from U.S. law enforcement. Russian Founder of Cryptocurrency Exchangers Detained in Holland Denis Dubnikov, co-founder of cryptocurrency exchange platforms Coyote Crypto and Eggchange, has been arrested in Amsterdam, on Nov. 1. A report by crypto news outlet Forklog quoted the spokesperson of the Ministry of Foreign Affairs of Russia, Maria…

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Rural Democrats stare into the abyss after Virginia

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As Democrats sort through the wreckage of their loss in Virginia, a familiar feeling is creeping over the dwindling number of rural officials left in the party: They have seen this show before. Republican Gov.-elect Glenn Youngkin’s performance in the suburbs, where he clawed back ground former President Donald Trump and the GOP had lost in recent elections, got the most attention before and after election night. But another key ingredient of his victory was blowout strength in the rural areas of the state, drawing high turnout, setting new marks…

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Republicans retake majority in Virginia House

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Virginia Republicans officially seized control of the state House of Delegates late Friday night, taking back power of the chamber after Democrats flipped it in 2019 and further growing their gains in the key battleground state. The election results deliver a major blow to Democrats’ statewide influence and offer another sign of the party’s struggles — in Virginia and across the country — ahead of next year’s midterms. Democrats also lost the Virginia governor’s mansion Tuesday with Republican Glenn Youngkin’s defeat of Democrat Terry McAuliffe. Democratic New Jersey Gov. Phil…

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New York governor’s race heats up, 1,600 miles away

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SAN JUAN, Puerto Rico — The most intense jockeying yet around New York’s race for governor is playing out right now — in Puerto Rico. Hours after Democrat Eric Adams clinched the open seat to succeed Bill de Blasio as New York mayor, the state’s political class descended on this sunny city — some 1,600 miles from Manhattan — as they jostled for influence, jobs and endorsements. It was hard to miss who was gunning for the biggest job of all: Gov. Kathy Hochul, Attorney General Tish James and de…

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Growing Number of US Mayors Want to Be Paid in Bitcoin

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A growing number of mayors in cities across the U.S. have said they want to be paid in bitcoin. The mayor of Miami said he is going to take his entire salary in the cryptocurrency, two other mayors will be converting their paychecks into bitcoin, and the mayor-elect of New York City will take his first three paychecks in crypto. More Mayors of US Cities Ask to Be Paid in Bitcoin A growing number of mayors in U.S. cities want to be paid in bitcoin. At the time of writing,…

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Stablecoin Valuations Continue to Swell, MIM and MUSD Market Caps Increase by Triple-Digits in 30 Days

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In mid-October, the market capitalization of all the stablecoins in existence was $134 billion and during the last three weeks, the valuation has increased by 5.59% to $141.5 billion. While terrausd’s market cap jumped by 6.7% over the last month, the stablecoin DAI saw an increase of 27.3% in 30 days. The largest stablecoin by market capitalization increased by 6% this month with a grand total of 73 billion tethers in circulation today. Stablecoin Capitalization Increases by 5.59% Over the Last Month — Makerdao’s Stablecoin Rises 27% On October 13,…

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Q3 NFT Report Shows Non-Fungible Token Markets ‘Are in Phase of Dynamic, Unstoppable Growth’

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Non-fungible token (NFT) assets have seen significant demand since the beginning of 2021 and third quarter statistics show that key indicators have continued to rise. Just recently nonfungible.com published its Q3 2021 NFT Quarterly Report which shows active wallets increased, the number of NFT buyers has risen, and the number of sellers has grown faster than the amount of buyers. NFT Action Spikes Higher in Q3 NFT market action in Q3 2021 broke previous recorded quarterly metrics as NFT demand continues into the last few months of the year. The…

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Litentry Crowdloan Allocates 20% LIT Total Supply and Partners With Binance With Extra $2.5M Reward Pool

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PRESS RELEASE. Litentry, a decentralized identity aggregation protocol, has revealed the launch of its Crowdloan Reward Program scheduled to go live from November 4, 2021. This represents a significant development in its quest to win a slot ahead of the upcoming Polkadot parachain auction. Join the crowdloan on Binance now to enjoy 20% LIT (20,000,000 LIT) total supply with an extra $2.5M reward pool, with approx. 2760% APY as of Nov 4. An Innovative Crowdloan program Crowdloan is a growing trend taken by projects to receive enough funding to participate…

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Digital Asset Manager Bakkt Reveals Plans to Provide Ethereum Services

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On November 5, Bakkt Holdings announced that the firm will soon let customers buy, sell, and store ethereum after offering bitcoin only since the company’s launch. The firm notes that adding ethereum comes at a time when digital currency interest and adoption continue to see significant growth. Bakkt Announces Ethereum Support Bakkt (NYSE: BKKT) has announced the company will “soon” offer ethereum (ETH) in addition to offering bitcoin (BTC). The digital asset manager listed on the New York Stock Exchange (NYSE), as a subsidiary of Intercontinental Exchange (ICE), started offering…

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Nigerian Experts Insist Africa’s First CBDC Is Presently Not for the Unbanked

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While the Central Bank of Nigeria (CBN) continues to tout the e-naira’s credentials as a tool for fostering financial inclusion, some experts agree that this central bank digital currency (CBDC) is presently not doing this. The CBDC’s Chaotic Start This assertion as well as the e-naira app’s brief removal from Google Play Store appears to lend credence to claims the CBN may have rushed to launch what is in fact Africa’s first CBDC. Although a report by the Punch newspaper suggests that the CBN is now working towards the release…

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Mythical Games Raises $150 Million in Series C Funding Round Led by A16z

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Mythical Games, a blockchain-based gaming company, has raised $150 million in its series C funding round. The round was led by A16z, who is aggressively investing in these kinds of crypto initiatives. It also had the participation of other companies like D1 Capital, Redbird Capital, The Raine Group, as well as from well known cryptocurrency exchanges like Binance and FTX. Mythical Games Gets Unicorn Status in Latest Funding Round Mythical Games, a blockchain gaming company, raised $150 million in its latest funding round, which was led by VC company A16z.…

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TCG World Partners With Stock Giants WSB to Expand Their Metaverse

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PRESS RELEASE. The world’s largest metaverse on blockchain and NFT platform TCG World announces partnership with a stock giant WallStreetBets. Since the start of the year, the WallStreetBets movement has been defying traditional finance with a legion of retail investors using decentralized tradable assets on the blockchain to advance the ethos of financial democracy. Now, the giant online retail investor group that shook the stock markets with the GameStop frenzy is betting big on the metaverse through a partnership with TCG World.What is TCG World?TCG World is the largest open…

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Electronic Arts CEO Thinks NFTs and Play-to-Earn Are Part of the Future of the Gaming Industry

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Electronic Arts (EA), an important gaming and entertainment-oriented company, has made insightful remarks about the importance of NFTs and the play-to-earn model in its last earnings call. Andrew Wilson, CEO of the company, addressed the subject in response to several questions posed by business analysts. Electronic Arts Open to NFTs and Play-to-Earn Electronic Arts, the company behind gaming sports franchises like FIFA and NBA, has assessed the importance of new technologies like NFTs and the play-to-earn model for the gaming industry. During the company’s latest earnings call, Andrew Wilson, Electronic…

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New York City Mayor-Elect Eric Adams Will Take First 3 Paychecks in Bitcoin, Promises to Make NYC Center of Crypto

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New York City Mayor-elect Eric Adams says that he will take his first three paychecks in bitcoin. He has also promised to make NYC the center of crypto. “NYC it’s going to be the center of the cryptocurrency industry and other fast-growing innovative industries,” he said. Eric Adams’ Bitcoin and Crypto Promises New York City Mayor-elect Eric Adams said he wants to turn NYC into a crypto-friendly city and will also take his first three paychecks in bitcoin. Replying to a tweet made by Miami Mayor Francis Saurez that he…

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Coinbase Makes Shiba Inu Crypto Available to New York Residents After Adding SHIB Trading Pairs

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The Nasdaq-listed crypto exchange Coinbase has made shiba inu cryptocurrency available to New York residents, who can now trade, buy, sell and store SHIB on Coinbase. This announcement follows the exchange adding SHIB trading pairs. Coinbase Grows Its Shiba Inu Crypto Offerings Cryptocurrency exchange Coinbase announced Friday that the shiba inu (SHIB) cryptocurrency is now available to residents of the U.S. state of New York. Coinbase tweeted Friday: It’s official, SHIB is now available to trade, buy, sell and store on Coinbase for NY residents. This announcement follows Coinbase adding…

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Metaverse Tokens See Triple-Digit 7 Day Gains, Crypto Market Cap Inches Toward $3 Trillion

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While bitcoin has been consolidating for a few days now, a number of other digital assets have seen solid seven-day gains. The two metaverse tokens sandbox and decentraland have skyrocketed over 170% during the last week. Crypto assets like loopring, crypto.com coin, and arweave have spiked in value more than 66% and up to 169% this week as well. Sandbox, Decentraland, Loopring See Triple-Digit Gains This Week The price of bitcoin (BTC) has consolidated above the $60K zone for a while now and market performance this week has been rather…

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CoinMarketCap Updates and Verifies TON Crystal Listing; TON Now Among Top 5% of Assets by Market Cap

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CoinMarketCap, the leading authority on real-time cryptocurrency prices and data, has just updated and verified its TON Crystal (TON) listing. Now TON, the native token of the FreeTON blockchain, ranks among the top 5% of cryptocurrencies by market cap. This has been a year of remarkable development for the FreeTON project. The project started when Telegram was forced to halt the plans it had for launching its own TON blockchain network and associated token. Instead of letting the network go to the wayside, a community of people that believed in…

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House Dems throw new curveball: Infrastructure vote, wait on party-line megabill

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After a multi-day whipping bonanza, Speaker Nancy Pelosi and her leadership team dramatically altered course on Friday to satisfy a handful of recalcitrant moderates who refused to back President Joe Biden’s $1.75 trillion social spending bill. Instead, Democrats are set to again delay a vote on that party-line measure and turn their sights to just the $550 billion Senate-passed infrastructure bill — bending to the demands of their most vocal centrists in a last-ditch attempt to deliver at least one legislative win for Biden. Democrats do still plan to advance…

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5 hours and counting: House Dems leave vote open to twist arms

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The chamber started voting on a motion to adjourn at 8:12 a.m. After 1 p.m., there’s still no sign of an end.

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Trump DOJ official who aided effort to overturn election declines to answer Jan. 6 questions

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A top Trump Justice Department official who aided the former president’s quest to overturn the 2020 election refused to answer substantive questions in a meeting with congressional investigators on Friday. The former official, Jeffrey Clark, instead delivered a 12-page letter from his attorney — a lawyer who worked on a post-election lawsuit aimed at overturning the results in Georgia — defending his refusal to testify. The attorney, Harry MacDougald, wrote that Clark intended to wait at least until courts resolve Trump’s own lawsuit challenging the Jan. 6 select committee’s access…

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‘Back into gear’: Solid jobs report boosts Biden’s case for recovery

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President Joe Biden has spent months watching his poll numbers sink as the economy appeared to be losing altitude throughout the fall. That narrative may have changed Friday. Government data showed that the U.S. added 531,000 jobs in October — and hundreds of thousands more than initially reported in the two previous months — lending fresh ammunition to Biden’s argument that the economy is strengthening even as rising inflation, supply chain backlogs and labor shortages have forced the administration back on its heels. The data could help stem the loss…

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Gun control legislation isn’t going to happen. Here’s what Biden’s doing instead.

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When Pastor Michael McBride visited the White House in January 2013 for one of Vice President Joe Biden’s gun violence task force meetings, he said he was one of just two Black people in the room. McBride, the national director of Faith in Action’s LIVE FREE gun violence prevention campaign, recalls the heavy anguish that day as faith leaders proposed ideas for preventing yet another mass shooting in America after the Sandy Hook massacre left 20 children and six adults dead the month prior. When it was McBride’s turn to…

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FBI Public Service Announcement Warns of ‘Increased’ Crypto ATM, QR Code Fraud

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The Federal Bureau of Investigation (FBI), America’s domestic intelligence and security service, has published a public service announcement concerning fraudulent schemes associated with cryptocurrency ATMs and QR codes. The FBI’s warning, published on November 4, highlights the presence of “scammers” directing their energy at unknowing victims. US Federal Agency Warns of Increase in Crypto ‘Scammers’ On Thursday, the U.S. government entity the FBI published a public service announcement that explains “criminal actors” are maliciously utilizing cryptocurrency automated teller machines (ATMs) in order to compromise victims’ crypto funds. The FBI’s press…

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Moving $25 Billion in BTC via Alternate Chains — There’s Now Over 400,000 Tokenized Bitcoins in Existence

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As the end of the year approaches, the price of bitcoin has hovered above the $60K region and with 18.8 million bitcoin in circulation, bitcoin’s market valuation is over $1.16 trillion today. Meanwhile, the number of tokenized bitcoins in existence today has swelled significantly during the last three years, climbing to 408,210 bitcoin worth $25 billion today. More Than 400,000 Wrapped, Synthetic, or Tokenized Bitcoins in the Wild Wrapped, synthetic, or tokenized bitcoin has become a growing trend during the last two years and nine months. Bitcoin.com News reported on…

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When the Unstoppable Activists Met Their Match

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Six months ago, the Sunrise Movement was feeling bullish. The four-year-old youth climate organization had catapulted a massive legislative blueprint, the Green New Deal, to the forefront of Democratic politics. It helped elect progressives in the House and Senate in 2018 and 2020. It even successfully nudged President Joe Biden to put one of its allies in his Cabinet. Its leaders were starting to talk about how 2021 could be “Year 1” of a transformational decade of climate-driven politics in America. They had reasons for optimism. The Democratic Party had…

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GOP employs ineffective delay tactic on Biden’s agenda

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These votes accomplish nothing.

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BTC Futures Open Interest Continues to Rise Following Bitcoin ETF Listings Last Month

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Bitcoin futures open interest continues to remain high after the launch of the first bitcoin exchange-traded fund (ETF) on October 22. While Binance commands $5.81 billion and leads the pack, CME Group holds the second-largest position in terms of bitcoin futures open interest (OI) with $4.1 billion or 16.84% of the aggregate OI. Top Ten Derivatives Platforms Command More Than 97% of Bitcoin Futures Open Interest Bitcoin derivatives have swelled quite a bit in recent times, and following the launch of the Proshares and Valkyrie bitcoin futures ETFs, bitcoin futures…

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How to Invest in LuxFi – the Luxury Asset-Backed NFT Marketplace

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For many people the luxury market is out of reach. However, with LuxFi, that is no longer the case. The platform combines blockchain technology, NFTs, and a luxury goods market open to anyone, anywhere. LuxFi will mark a significant shift in the way luxury goods are traded, and how people acquire them. LuxFi is at the center of this transformation in the market. The platform aims to create a transparent, open and data-driven marketplace where users can safely transact with each other. Let’s break down all the components of LuxFi.…

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Kazakhstan Imposes Purchase Limits on Retail Crypto Investors

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Authorities in Kazakhstan have introduced restrictions on the amounts of cryptocurrency retail investors can buy on local exchanges. Officials explained the decision citing the need to protect private individuals from exposure to the risks associated with digital financial assets. Investors in Kazakhstan Can Buy up to $1,000 in Crypto a Month Without Declaring Income Kazakhstan has adopted limits for crypto purchases made by retail investors on the exchanges registered at the Astana International Financial Centre (AIFC), the local business news portal Capital reported, quoting the Astana Financial Services Authority (AFSA).…

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Sinema’s raking in cash from MLMs. They want to kill her party’s labor bill.

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They’ve been derided as spruced up pyramid schemes: Companies that incentivize their own customers to become salespeople for products. Now, these so-called multilevel marketing businesses are flexing their political muscle. And they’re turning to one lawmaker in particular to protect their agenda: Sen. Kyrsten Sinema. The political action committee associated with Alticor, the parent entity of the health, home and beauty company Amway, gave $2,500 to the Arizona Democrat in late June, as did the PAC for Isagenix, an Arizona-based business that sells nutrition, wellness and personal care products. Nu…

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Pelosi revs House Dem engines after season in the ditch

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Democrats got a taste this week of how brutal their midterms could be. Now Speaker Nancy Pelosi and her team are trying to turn things around before it’s too late. The House is barreling ahead Friday with votes on Democrats’ two key domestic priorities — a $1.75 trillion social spending package and a long-stalled $550 billion infrastructure bill — after weeks of embarrassing stops and starts. After another frenetic day of dealmaking, Pelosi and her lieutenants bridged several major policy divides but were still lining up needed votes heading into…

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