With crypto trading products appearing ahead of the legacy financial curve, it’s only a matter of time before they enter the mainstream. In 2017, many traders and investors flocked to cryptocurrencies because they were attracted by the kind of returns not available in the less-volatile traditional markets. However, volatility inevitably comes with risks as well […]
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A review of the public beta of blockchain property trading game Upland, following the launch of its second city, adding New York to the previous real estate in San Francisco. Blockchain-based real estate trading game and DappRadar Top 5 gaming Dapp, Upland, has expanded its metaverse to include New York City, as of Aug 20. […]
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BlockFi’s Bitcoin reward card is inching forward. BlockFi, a major American cryptocurrency lending startup, has completed another funding round featuring major industry investors. The company has raised $50 million in a Series C round led by Anthony Pompliano’s crypto asset management firm Morgan Creek Digital, BlockFi announced on Aug. 20. Also known as Pomp, Morgan […]
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The Middle Eastern restaurant, with three locations across Ontario, announced it would be switching its cash reserves to crypto. A Canada-based Middle Eastern restaurant chain just converted their entire fiat cash reserves into Bitcoin. According to an Aug. 19 tweet from Tahini’s — ‘the best Middle Eastern restaurant in the world’ — the decision to […]
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The global economic transformation now faces the main question: What to choose — centralization or decentralization? A global pandemic, massive and worldwide protests, job automation, environmental issues and geopolitical tensions are just a few of the challenges facing humanity today. Amid the chaos, keystone global institutions and bureaucrats have openly discussed the present day as […]
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XRP contributes to the development of CBDCs and stablecoins, says key exec. XRP, the world’s third largest cryptocurrencies by market capitalization, is not competing with national digital currencies like the forthcoming digital yuan, according to a senior executive at Ripple. Emi Yoshikawa, senior director of global operations at Ripple, claimed that XRP does not compete […]
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Turkish are losing faith in its local fiat currency, with confidence in the lira falling 20% this year. Rampant inflation is affecting Turkish residents’ confidence in the lira fiat currency. According to a Reuters report on August 14, locals are dumping lira and converting it to dollars and buying gold. Even with market interventions and […]
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Goldman Sachs has put the word out it is seeking a new VP in the London-based Digital Assets team within its Global Markets Division. Investment banking giant Goldman Sachs is hiring a new vice president in the Digital Assets team within its Global Markets Division in London. According to a recent job posting on the […]
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The Colibra app is providing a means for air travelers delayed for any reason to receive compensation in crypto. With the global air industry in turmoil due to pandemic-induced flight delays and cancellations, a startup in Bulgaria is providing the option for travellers to receive compensation in Bitcoin. Compensation via the Colibra app is available […]
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But he didn’t sell anywhere near the top. Ethereum (ETH) creator Vitalik Buterin acknowledged that he both sold and donated away his Ether holdings for fiat when the price was $700. While he did not specify, it seems unlikely that he sold his entire ETH stake — though how much ETH he owns today is […]
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