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December 2021

Just did it: Nike enters the metaverse game following RTFKT acquisition

Just did it: Nike enters the metaverse game following RTFKT acquisition

The new RTFKT acquisition confirms Nike’s interest in being a prominent contributor to the virtual world of the metaverse. Sportswear manufacturer Nike announced the acquisition of virtual sneakers and collectibles brand RTFKT. Nike becomes the biggest United States-based athletic products manufacturer through this partnership to join the metaverse bandwagon. A Cointelegraph report from Nov. 2 […]

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Ethereum Whales Continue Ramping up, Despite Price Slip Below ,000

Ethereum Whales Continue Ramping up, Despite Price Slip Below $4,000

Whales of Ethereum (ETH) have taken advantage of the retracement happening in the market by accumulating more coins. Lex Moskovski, the CIO of Moskovski Capital, explained: “ETH supply held by 1K – 10K accounts has surged. $4M – $40M ultrasound whales ramped up their positions.” Ethereum’s price was hovering around $3,793 during intraday trading, according to CoinMarketCap. This is

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Switzerland’s Largest Online Bank Swissquote to Launch Its Own Crypto Exchange

Switzerland’s Largest Online Bank Swissquote to Launch Its Own Crypto Exchange

Switzerland’s largest online bank, Swissquote, is reportedly launching its own cryptocurrency trading platform. The company sees high demand for cryptocurrency trading. “Our compliance and customer service teams were almost overrun by the crypto rush.” Switzerland’s Largest Online Bank to Launch Its Own Cryptocurrency Trading Platform The largest online bank in Switzerland, Swissquote, is reportedly preparing

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Dogecoin Surges as Elon Musk Teases Tesla Merchandise Plan

Dogecoin Surges as Elon Musk Teases Tesla Merchandise Plan

Tesla experimented with bitcoin payments for its electric cars earlier this year. Dogecoin surged as much as 33% after Tesla CEO Elon Musk said the electric-car maker would accept dogecoins as payment for its merchandise. “Tesla will make some merch buyable with Doge & see how it goes,” Musk tweeted. Dogecoin rose to as high as

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GERMAN SAVINGS BANK TO OFFER BITCOIN TRADING: REPORT

GERMAN SAVINGS BANK TO OFFER BITCOIN TRADING: REPORT

The Sparkassen are centuries-old regional institutions with about 370 branches and 50 million customers. The Sparkassen are centuries-old regional institutions with about 370 branches and 50 million customers. The market leaders among German financial institutions are reportedly working on a bitcoin trading feature, which could launch in 2022. The Sparkassen are centuries-old regional institutions with

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Robinhood partners with Chainalysis ahead of crypto wallet launch

Robinhood partners with Chainalysis ahead of crypto wallet launch

The trading app will adopt Chainalysis’ monitoring compliance solution Know Your Transaction as well as the Chainalysis Reactor, its investigations software. Blockchain analytics firm Chainalysis will be partnering with Robinhood to provide data and tools for trading in advance of the app launching its crypto wallet. In a Monday announcement, Chainalysis said the integrated partnership

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PayStand Adds Cryptocurrency to Its Balance Sheet

PayStand Adds Cryptocurrency to Its Balance Sheet

Last Friday, December 10, PayStand, a cloud-based payment platform for B2B companies, announced that it has been buying Bitcoin and Ether on its balance sheet. Such action by the PayStand firm marks a significant milestone for B2B SaaS companies and further legitimizes the emergence of crypto as a potential balance sheet asset. The company’s move to accumulate

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‘There’s More Work to Do’ — 11 Years Ago, Satoshi Nakamoto Sent a Final Message to the Bitcoin Community

‘There’s More Work to Do’ — 11 Years Ago, Satoshi Nakamoto Sent a Final Message to the Bitcoin Community

To this day, Satoshi Nakamoto is one of Bitcoin’s biggest mysteries as people have searched far and wide to uncover the creator’s identity. 11 years ago, on December 12, 2010, the pseudonymous blockchain programmer (or programmers) left a final message to the crypto community stressing that “there’s more work to do on [denial-of-service] DoS.” Satoshi

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Binance Singapore Drops Crypto License Plans in City-State

Binance Singapore Drops Crypto License Plans in City-State

Binance has already set up an entity for a global headquarters, the exchange’s CEO Changpeng “CZ” Zhao said. Binance’s Singapore entity plans to withdraw its application for a crypto license in the city-state, and will expel local users by Feb. 13, 2022, the exchange said on Monday. Binance Asia Services (BAS), the exchange’s local affiliate, is

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Myanmar shadow government declares stablecoin USDT an official currency

Myanmar shadow government declares stablecoin USDT an official currency

The NUG finance minister said using Tether would enhance trade speed and payment efficiency. Myanmar’s shadow government, the National Unity Government (NUG), led by the supporters of jailed leader Aung San Suu Kyi, has declared United States dollar-based stablecoin Tether (USDT) as an official currency for local use. Per a report published in Bloomberg, the NUG

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