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December 2021

100 digital payment token firms in Singapore fail to win licenses: Report

100 digital payment token firms in Singapore fail to win licenses: Report

The Monetary Authority of Singapore wants to support crypto and blockchain adoption in the country but it’s also willing to recognize the risks. More than 100 out of 170 “digital payment token services” in Singapore have reportedly failed to obtain licenses from the local financial regulator, the Monetary Authority of Singapore, or MAS. Amid apparently […]

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The Facebook Metaverse Is the Next Marketing Channel

The Facebook Metaverse Is the Next Marketing Channel

The term “metaverse” is the latest buzzword to capture the tech industry’s imagination — so much so that one of the best-known internet platforms is rebranding to signal its embrace of the futuristic idea. Facebook CEO Mark Zuckerberg’s Thursday announcement that he’s changing his company’s name to Meta Platforms Inc., or Meta for short, might

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Stratos Jet Charters Reveals Crypto Payment Acceptance for Flights via FTX Pay

Stratos Jet Charters Reveals Crypto Payment Acceptance for Flights via FTX Pay

The Orlando, Florida-based Stratos Jet Charters Inc. has announced the company has partnered with FTX US and the collaboration will make it so Stratos Jet customers can pay for services with crypto payments via FTX Pay. The CEO of Stratos Jet says the company has been in search of a crypto partner and noted that

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Chinese State Media Agency Xinhua to Issue First News NFT Collectables

Chinese State Media Agency Xinhua to Issue First News NFT Collectables

Amid the strict restriction of cryptocurrency activities in China, Chinese state media agency Xinhua will issue its first news non-fungible tokens (NFT) collection on Friday at 8 p.m. Per the announcement from the news agency on Wednesday, this is the first international edition news collection, free to access to the public. The official website reveals that the

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BNB Burns Will Now Better Reflect DeFi Activity on Binance Smart Chain

BNB Burns Will Now Better Reflect DeFi Activity on Binance Smart Chain

Starting Thursday, Binance will burn its BNB tokens continuously instead of once a quarter. Crypto exchange Binance has made changes to how it removes binance coins (BNB) from circulation, a process known as burning, to better reflect their usage in the Binance Smart Chain (BSC) ecosystem, it said in a blog post Thursday. The Binance Smart Chain, introduced

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MICHAEL SAYLOR OWNS 6M WORTH OF BITCOIN: REPORT

MICHAEL SAYLOR OWNS $866M WORTH OF BITCOIN: REPORT

The CEO of software intelligence company MicroStrategy reportedly said he owns over 17,000 BTC. MicroStrategy CEO Michael Saylor reportedly owns at least 17,732 bitcoin. Saylor’s bitcoin holdings are worth about $866 million. The executive targets a $6 million BTC price. The Bitcoin bull ahead of software intelligence firm MicroStrategy, Michael Saylor, reportedly disclosed a personal

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Visa Partners With 60 Crypto Platforms to Let Consumers Spend Digital Currency at 80 Million Merchants

Visa Partners With 60 Crypto Platforms to Let Consumers Spend Digital Currency at 80 Million Merchants

Visa’s head of crypto has revealed that the payments giant has partnered with about 60 leading crypto platforms “to launch card programs that make it easy for consumers to convert and spend digital currency at 80 million merchant locations worldwide.” He emphasized, “We’ve built a lot of momentum in this space, and we’ll continue to

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Elon Musk thinks Neuralink is better than the metaverse in long term

Elon Musk thinks Neuralink is better than the metaverse in long term

The Neuralink founder does not see a future full of VR headsets after questioning its long-term implications on eyesight. Tesla and SpaceX CEO Elon Musk showed no support for the metaverse and Web 3.0 ecosystems as he dismissed the terms for being used as buzzwords and marketing tactics. “I don’t see someone strapping a friggin’

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Bank of Russia Sees No Place for Crypto in Financial Market, Finalizes Digital Ruble Prototype

Bank of Russia Sees No Place for Crypto in Financial Market, Finalizes Digital Ruble Prototype

In advance of presenting its comprehensive view on crypto regulations, the Central Bank of Russia has indicated that it sees no place for cryptocurrencies in the country’s financial market. The monetary authority also announced that the prototype of the platform for its own digital currency is already completed. Bank of Russia to Issue Report on

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Crypto.com Becomes 1st Crypto, NFT Partner with Women’s Professional Sports Team Angels FC

Crypto.com Becomes 1st Crypto, NFT Partner with Women’s Professional Sports Team Angels FC

Crypto.com, the world’s fastest-growing cryptocurrency exchange headquartered in Hong Kong, announced on Tuesday that it has partnered with Los Angeles’ Angel City Football Club (ACFC) for exclusive rights to issue official cryptocurrencies and NFTs. This cooperation aims to expand the access and awareness of cryptocurrency, blockchain, and Web3 technologies to the entire Los Angeles football fans, ACFC players, and also

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