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Survey Shows 87% of Americans Are Stressed About Inflation and Rising Costs of Everyday Goods
Bitcoin News - 21 May 2022, 10:30 amAs the consumer price index (CPI), a measure of prices for goods and services, hit another all-time high in April reaching 8.3%, Americans are stressed out more than ever about inflation and money. A recent survey published by the American Psychological Association shows that 87% of U.S. residents say inflation…Read More
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Tim Draper Bullish on Bitcoin Due to Its Inflation Hedge Traits
Bitcoin News - 21 May 2022, 8:30 amTim Draper, an early bitcoin investor, has declared he is still optimistic about the value of the first cryptocurrency even with the downturn its price has taken in the last months. Draper believes that the asset is still valuable as an inflation hedge, and that the market we are navigating…Read More
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A16z Launches $600 Million Web3 Gaming Focused Fund
Bitcoin News - 21 May 2022, 5:30 amA16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming industry, aims to back several startups and projects in different areas including gaming studios, the intersection of gaming and consumers,…Read More
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Facebook Owner Meta Files Trademark Applications for ‘Meta Pay’ Covering Crypto Services
Bitcoin News - 21 May 2022, 2:30 amMeta Platforms Inc., formerly Facebook, has filed five trademark applications for “Meta Pay.” The filings cover a wide range of cryptocurrency services. The company is renaming Facebook Pay to Meta Pay. Trademark Applications for Meta Pay Meta Platforms Inc., formerly Facebook, filed five trademark applications for “Meta Pay” with the…Read More
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G7 Finance Leaders Call for Swift and Comprehensive Crypto Regulation
Bitcoin News - 21 May 2022, 12:30 amThe G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The G7 decision followed the recent crypto market turmoil, including the collapse of cryptocurrencies LUNA and UST. G7 Countries Calling for Swift, Comprehensive Regulation of Crypto Assets The finance ministers and…Read More
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Report: Cryptocurrency Can Potentially Complement Mobile Money Argues Kenyan Banker
Bitcoin News - 20 May 2022, 10:30 pmThe CEO of one of Kenya’s biggest lenders has argued there is a possibility cryptocurrencies will complement mobile money in Africa but first, there is a need to convince regulators of their benefits. African Regulators’ Stance on Crypto Cryptocurrencies can potentially complement mobile money in Africa if regulators on the…Read More
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Crypto Custody Firm Fireblocks Launches Web3 Services Suite
Bitcoin News - 20 May 2022, 8:30 pmFireblocks, a crypto custody service provider, is expanding its services with the launch of an institutional suite of Web3 services. This suite will allow customers to leverage liquidity from different exchanges, and mint NFTs. The service, which has already onboarded several names in the industry, also includes gaming asset management…Read More
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Anonymous Allegedly Hacks Sberbank, Russia’s Largest Bank
Bitcoin News - 20 May 2022, 6:30 pmHacktivist collective Anonymous has allegedly breached the systems of one of the largest financial institutions in Russia, Sberbank. The attackers announced on social media they have published thousands of emails, phone numbers, and addresses. Anonymous Hackers Reportedly Gain Access to Sberbank Database Decentralized hacking group Anonymous claims to have hacked…Read More
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Leading European and Ukrainian Charity Foundations Announced Their Participation in the World’s First Innovative ChariFi’s Project – the Zelenskiy NFT, Developed by the IamUkraine Studio
Bitcoin News - 20 May 2022, 5:00 pmPRESS RELEASE. The innovative first time used concept will help to monetize charitable experience for people. Since the beginning of the war in Ukraine, people from all over the world are trying to find ways to support people affected by the events. Multiple organizations and communities do their part to…Read More
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Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion
Bitcoin News - 20 May 2022, 4:30 pmStatistics recorded this week show that the aggregate number of non-fungible token (NFT) sales, settled across more than a dozen different blockchains, has officially surpassed $36 billion. While there are 18 competing blockchains offering NFTs, Ethereum-based NFT sales dominate by more than 75%. While Ronin commands the second-largest amount of…Read More