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December 2021

Croatia’s Top Supermarket Brand Now Accepts Crypto Payments

Croatia’s Top Supermarket Brand Now Accepts Crypto Payments

The largest supermarket company in the European nation of Croatia, Konzum, says it is possible to buy all of its products online and pay with one of nine supported digital currencies. According to the company, the supported cryptocurrencies, including Bitcoin (BTC), ether (ETH), Bitcoin cash (BCH), EOS, DAI, Ripple (XRP), stellar lumen (XLM), tether (USDT), and USDC, will […]

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6M worth of metaverse land sold last week: DappRadar

$106M worth of metaverse land sold last week: DappRadar

“Undoubtedly, Metaverse land is the next big hit in the NFT space. Outputting record sales numbers and constantly increasing NFT prices, virtual worlds are the new top commodity in the crypto space.” Four blockchain-based metaverse projects generated more than $100 million worth of virtual land nonfungible token (NFT) sales last week, according to data from

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Facebook Owner Meta Relaxes Crypto Ad Policies

Facebook Owner Meta Relaxes Crypto Ad Policies

The company has added 24 new accepted crypto licenses. Meta, formerly known as Facebook, has updated its criteria for running cryptocurrency ads on its platform by expanding the number of accepted regulatory licenses from three to 27. The company is also making that list public for the first time, with the accepted licenses appearing on the policy page.

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SEC CHAIRMAN GARY GENSLER: BITCOIN COMPETES WITH THE U.S. BANKING SYSTEM

SEC CHAIRMAN GARY GENSLER: BITCOIN COMPETES WITH THE U.S. BANKING SYSTEM

Gary Gensler said on Wednesday that Bitcoin was created “as a reaction” to the U.S. monetary system and its worldwide consensus. Bitcoin is an “off-the-grid” alternative to the traditional financial system, SEC Chairman Gary Gensler said. Gensler joined former SEC chairman Jay Clayton on Wednesday to talk about Bitcoin, cryptocurrency, and ETFs. Issuers should “come

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HSBC takes on fintechs with UK investing feature aimed at younger clients

HSBC takes on fintechs with UK investing feature aimed at younger clients

LONDON — HSBC is going head-to-head with fintech challengers in the wealth management space, launching a new investing feature aimed at a younger clientele in the U.K. The British bank said Wednesday it was rolling out a tool on its mobile app that lets people invest in a range of ready-made funds. Customers will need to invest

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Ethereum Market Cap Is Less Than 50% Away From Flipping Bitcoin — ETH Nears All-Time Price High

Ethereum Market Cap Is Less Than 50% Away From Flipping Bitcoin — ETH Nears All-Time Price High

The second-largest cryptocurrency in terms of market capitalization, ethereum, has come awfully close to reaching the digital asset’s all-time high ($4,878) it reached 21 days ago on November 10. While bitcoin dominance has slid below the 40% zone, ethereum’s market dominance, or $557 billion market valuation, represents close to 20% of the crypto economy. Ethereum’s

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The Metaverse is a T opportunity after users increase 10x: Grayscale report

The Metaverse is a $1T opportunity after users increase 10x: Grayscale report

According to a new report from Grayscale, the rate of active metaverse users increased 10x between the start of 2020 and June 2021. Crypto investment giant Grayscale has published a bullish report on metaverses, estimating that the “market opportunity” for bringing the metaverse to the mainstream may be worth over $1 trillion in the next

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South Korea Plans to Suspend Crypto Taxation Until 2023

South Korea Plans to Suspend Crypto Taxation Until 2023

Crypto investors in South Korea might have a sigh of relief because the government intends to suspend the taxation until 2023, given that it would have been heavier than other investments like stocks. Crypto taxation has been a burning issue in the nation since its parliament brought up a bill in 2020. The South Korean Ministry of

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Blockchain Security Firm CertiK Raises M at Nearly B Valuation

Blockchain Security Firm CertiK Raises $80M at Nearly $1B Valuation

Sequoia Capital China led the round with participation from Tiger Global and other investors. Blockchain cybersecurity company CertiK has raised $80 million in a Series B2 funding round led by Sequoia Capital China that pushed its valuation to nearly $1 billion, the company announced in a blog post. The round marks CertiK’s third round of funding

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SOFTBANK-BACKED BRAZILIAN BITCOIN EXCHANGE RAISES  MILLION IN EXTENSION ROUND

SOFTBANK-BACKED BRAZILIAN BITCOIN EXCHANGE RAISES $50 MILLION IN EXTENSION ROUND

2TM, the owner of Mercado Bitcoin, had captured $200 million in July and is now valued at about $2.15 billion. 2TM, the owner of Brazil’s biggest bitcoin exchange, Mercado Bitcoin, has raised $50 million in an extension round. Now valued at $2.15 billion, the group had captured $200 million in July from SoftBank Group Corp.

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