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March 2022

Nordic Neobank Lunar Raises M Funding Round, Launching Crypto Trading Platform

Nordic Neobank Lunar Raises $77M Funding Round, Launching Crypto Trading Platform

Lunar, a Nordic neobank headquartered in Aarhus, Denmark, announced on Thursday that it raised $77 million in a funding round led by Heartland and also launched a cryptocurrency trading platform. Lunar said that it plans to use the fresh funding to maintain the momentum of its business, launch a separate blockchain arm, develop new crypto […]

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AS U.S. INFLATION HITS 7.91%,  NEGATIVE IMPACT ON BITCOIN PRICE LOOMING

AS U.S. INFLATION HITS 7.91%, NEGATIVE IMPACT ON BITCOIN PRICE LOOMING

A coming liquidity crisis in legacy markets could have negative impact on bitcoin price. Today, we saw yet another acceleration in the United States Consumer Price Index for the month of February with data coming in line with consensus expectations at 7.91%. Previously, we expected inflation to potentially peak in Q1 while remaining elevated for the rest

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AMC Theatres Now Accepts Dogecoin and Shiba Inu Crypto Payments

AMC Theatres Now Accepts Dogecoin and Shiba Inu Crypto Payments

The world’s largest movie exhibition company, AMC Entertainment, has finally begun accepting payments in dogecoin and shiba inu. Supporters of DOGE and SHIB have been waiting for AMC Theatres to accept the two meme cryptocurrencies since September last year. AMC Customers Can Now Pay With Dogecoin and Shiba Inu AMC Theatres now accepts payments in

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Didi’s 44% stock plunge leaves SoftBank and Uber with diminishing returns

Didi’s 44% stock plunge leaves SoftBank and Uber with diminishing returns

KEY POINTS Didi shares plunged 44% on Friday and are now 87% below the IPO price last year. The dramatic drop is worrisome for SoftBank and Uber, the Chinese company’s two largest shareholders. Both companies have already taken a hit on the investment. Didi shares tumbled 44% on Friday, the biggest one-day drop since the Chinese

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APPLE CO-FOUNDER STEVE WOZNIAK TALKS BITCOIN ON STEVE-O’S WILD RIDE

APPLE CO-FOUNDER STEVE WOZNIAK TALKS BITCOIN ON STEVE-O’S WILD RIDE

Co-Founder of Apple Steve Wozniak discusses Bitcoin energy use, environmental impact, leaving fiat currency and his previous cryptocurrency endeavors. Steve Wozniak appeared on Steve-O’s Wild Ride where he discussed cryptocurrencies used to “rip people off” and their environmental impact. Wozniak addresses Bitcoin energy saying “it costs an amount of energy for what anything is worth.”

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Singapore to Charge Income Tax on NFT Trading, says FM Lawrence Wong

Singapore to Charge Income Tax on NFT Trading, says FM Lawrence Wong

In Asia, Singapore extends taxes imposing on Non-Fungible Token (NFT) transactions, according to local media CNA. Speaking to the parliamentary reply on Friday, Singapore Finance Minister Lawrence Wong said the prevailing income tax rules “will apply to income derived from transactions of non-fungible tokens (NFTs),” adding that income tax treatment “will be determined based on

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Demand for UST Keeps Rising, Luna Foundation Guard to Burn 4.2 Million LUNA From Treasury

Demand for UST Keeps Rising, Luna Foundation Guard to Burn 4.2 Million LUNA From Treasury

The Luna Foundation Guard (LFG), a nonprofit organization, has announced new measures to keep the supply of UST, the flagship stablecoin of the Terra ecosystem, liquid in secondary markets. The protocol has already reached the max issuance of UST per day, but demand is strong enough that the foundation will have to burn more LUNA

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South Korea Becomes Next Country Led By A Pro-Crypto President

South Korea Becomes Next Country Led By A Pro-Crypto President

Two crypto-friendly candidates fought in a very close election for the South Korean presidency, with Yoon Suk-yeol coming out on top.   What’s in store for South Korea? The 51-year-old president-elect of South Korea describes himself as a conservative, but with strong economically libertarian tendencies. He is a member of the conservative People Power Party,

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Women-led startup to help consumers monetize their data through blockchain

Women-led startup to help consumers monetize their data through blockchain

Greta Menzies, the co-founder of Chain Collective, says that blockchain can change the “economics of data between consumers and businesses.” Web2 lets big tech companies collect consumer data without paying the people behind the statistics. However, the advent of Web3 technologies may change the way data is collected and let consumers get compensation for the

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