Month: March 2022

Dogecoin Founder Gives Shiba Inu Metaverse A Thumbs Down

Meme project Shiba Inu recently announced the launch of its metaverse project titled SHIB: The Metaverse. It has been a long-awaited step for the digital asset but not everyone is pleased with what the project has been doing. One of those is Dogecoin co-founder Billy Markus, who has taken to Twitter to express his displeasure with the move being made

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: A dozen S&P 500 stocks just had their worst quarter ever, as tech stocks sloughed off nearly $2 trillion in value

A stock selloff to start 2022 led to the worst quarter in history for a dozen S&P 500 stocks, as investors punished pandemic darlings and highly valued tech companies, subtracting roughly $2 trillion in market cap. Tech companies took the brunt of a first-quarter selloff that was felt throughout Wall Street, as the Nasdaq Composite Index COMP, -1.54% lost $1.99

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Binance Inks Partnership with the GRAMMY Awards

Binance, a major global  cryptocurrency exchange  , has signed a partnership agreement with the Recording Academy to become its first crypto exchange partner for the GRAMMY Awards. ADVERTISEMENT According to the press release, Binance will be part of this Sunday’s 64th annual GRAMMY Awards, the inaugural Recording Academy Honours celebration, and GRAMMY Week events. The ceremony is set to take

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Project Syndicate: Putin’s war will destroy Russia

VIENNA, Austria (Project Syndicate)—A grim old Soviet joke probably rings far too true to Ukrainians today. A Frenchman says, “I take the bus to work, but when I travel around Europe, I use my Peugeot.” A Russian replies, “We, too, have a wonderful system of public transportation, but when we go to Europe, we use a tank.” That joke emerged

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: ‘It will help us quite a bit’ — ‘CODA’ Oscars win could be a boon for real-life family’s hometown cinema

It’s been a tough two years for Gloucester Cinema, as the COVID-19 pandemic meant “slim pickings” for film releases and made the public wary of packing into movie theaters. There’s a more celebratory air in the Massachusetts town now, though, thanks to a milestone Academy Awards victory for “CODA,” the Best Picture winner that was largely shot in the town.

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: Banks are on high alert as White House flags potential Russian cyberattacks

Banks that have been beefing up their cybersecurity measures for years remain on alert for potential attacks from Russia on the heels of fresh warnings from the Biden administration, security experts told MarketWatch. As the keepers of the global financial circulatory system for the flow of capital, banks continue to find themselves on the front lines amid fresh cybersecurity warnings

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: Biden says latest Strategic Petroleum Reserve release could cut gas prices 10 to 35 cents per gallon — but some experts worry about long-term costs

President Joe Biden announced Thursday the daily release of 1 million barrels of oil from the country’s reserves for the next six months as a way to bring down gas prices that have been breaking records recently. This is “a bridge through the crisis” to counter “Putin’s price hike at the pump,” the White House said ahead of Biden’s scheduled

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Composable Finance Raises $32 Million in Series A

Composable Finance is pleased to announce that it has raised $32 million in Series A funding. The round included notable investors in the space. GSR, Tendermint Ventures, Fundamental Labs, Coinbase Ventures, LongHash Ventures, Figment VC, New Form Capital, Blockchain Capital, Yunt Capital, Jump Capital, Polytope Capital, NGC Ventures, SOSV, and Spartan Group were among those who participated. This latest round

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This decentralized PoS blockchain eliminates hurdles to make investing truly accessible

Whether it’s due to geographical location, trading limits, or a lack of access, investing is far from a level playing field. This is especially the case in centralized investing, which has notoriously used sanctioning to bar whole geographical regions from investing in certain locations or stocks. While DeFi (decentralized finance) has allowed for many of these impediments to be overcome,

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EU Voted In Favor Of A Crypto Wallet Crackdown, What’s Next?

Per a report from Patrick Hansen, developer at Unstoppable Finance, the European Union Parliament could be about to crackdown on crypto wallets and their users. This entity just approved a revision to their Transfer of Funds Regulation with an upcoming draft to be voted on later today. Related Reading | How Coinbase Attempts To Stop An Increase In Surveillance From

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Crypto Use Aids Ransomware Investigations According To US Financial Regulator

As cybercrime increased with the spread of the COVID-19 pandemic and cyberwarfare became a hot topic following Russia’s attack on Ukraine, cryptocurrency increasingly became associated with illegal and criminal activities. It has become a significant part of the thriving of ransomware and other forms of cyber extortion. This perception is not new, as Chainalysis CTO Gregg Gurvais Grigg presented data

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: How to retire well — even if you’re not wealthy

Unquestionably, the best time to retire is after you have saved up more money than you will ever need. But not everybody can do that. If you are one of those people, then this article is for you. In order to retire with savings that may be adequate (though not necessarily ample), you’ve got to make every dollar count. You

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Hot Metaverse Token, NXTT, Listing on a Centralized Exchange

Centralized exchanges are the brunt of a lot of criticism in the crypto world, but there’s no denying that they’re still the most popular way to trade digital assets. That’s why Next Earth’s upcoming listing on a major CEX is a big deal – it opens up their metaverse token, NXTT, to a much wider audience. The success of the

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Coronavirus Update: Biden says U.S. turning corner on COVID, but experts are worried that BA.2 is pushing cases higher in 15 states

President Joe Biden said Wednesday the U.S. is turning the page on the COVID-19 pandemic, as his administration took the wraps off a website that aims to help Americans find tests, treatments and other resources. “Because of the strategy we executed over the past year on vaccinations, testing, treatments and more, we’re now in a new moment in this pandemic,”

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Your Digital Self: I’m putting a solar array on my home. Here’s what I found out about the technology, storage and cost

We’re facing an energy crisis. Demand for oil and gas is increasing, outpacing supply. That, among other factors, has contributed to a sharp increase in prices and has helped create a growing market for alternative-energy sources. A promising alternative is solar power. It is clean, renewable and abundantly available. It also has the potential to meet global energy needs without

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Project Syndicate: Russian gas and oil must be replaced by carbon-free fuels if we want peace on earth

AUCKLAND, New Zealand (Project Syndicate)— Russia’s invasion of Ukraine has shaken many long-held Western assumptions about the foundations of peace in Europe. Among other things, it has renewed policy makers’ focus on energy dependence as a key strategic issue. The United States recently announced an immediate ban on imports of Russian oil and gas, while the United Kingdom and the European Union pledged to curb

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