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March 2022

BlackRock CEO Believes Russia-Ukraine War in Boosting Crypto Adoption

BlackRock CEO Believes Russia-Ukraine War in Boosting Crypto Adoption

BlackRock Chairman and Chief Executive Officer Larry Fink has lent his voice to describe the role of digital currencies in the ongoing war between Russia and Ukraine. In a letter to Shareholders on Thursday, Larry criticized Russia’s invasion of Ukraine, noting that it has set back about 30 years of globalization efforts. Of particular note is the […]

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Spanish Retailer El Corte Ingles Launches Crypto Exchange in Partnership With Deloitte

Spanish Retailer El Corte Ingles Launches Crypto Exchange in Partnership With Deloitte

El Corte Ingles, one of the biggest retailers and distributors in Spain, has taken its first step into the cryptocurrency world. The company is reportedly launching its own cryptocurrency exchange for customers of its stores. The firm has enrolled the help of Deloitte to build a new platform that will allow its customers to access

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Biden says Putin ‘cannot remain in power’ in sweeping speech on Russian invasion of Ukraine

Biden says Putin ‘cannot remain in power’ in sweeping speech on Russian invasion of Ukraine

KEY POINTS President Joe Biden said Russian leader Vladimir Putin “cannot remain in power” over his invasion of Ukraine. In a sweeping speech in Poland that marked the finale of a three-day trip to Europe, Biden urged democracies around the world to unify and commit to a long fight against authoritarian aggression. President Joe Biden on Saturday

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BITCOIN GAME THEORY INTENSIFIES: RUSSIA ACCEPTS BITCOIN FOR EXPORTS

BITCOIN GAME THEORY INTENSIFIES: RUSSIA ACCEPTS BITCOIN FOR EXPORTS

News out of Russia indicates the country is open to accepting Bitcoin and other hard assets in exchange for oil and other commodity exports. “Russia is open to accepting bitcoin for its natural resources exports, the chairman of the country’s Congressional energy committee, Pavel Zavalny, said in a press conference on Thursday.” This comes at

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Ethereum price hits .2K as anticipation builds ahead of the ‘Merge’

Ethereum price hits $3.2K as anticipation builds ahead of the ‘Merge’

ETH price made a clear trend change and aims for the $3,800 level after traders’ anticipation of the upcoming Merge lures the bulls back to the market. The week-long uptrend in the cryptocurrency market has begun to awaken bullish crypto investors and the successful March 15 launch of the Ethereum “merge” on the Kiln testnet has the

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Leumi to Become 1st Israeli Bank Facilitating Crypto Trade

Leumi to Become 1st Israeli Bank Facilitating Crypto Trade

Bank Leumi’s digital platform Pepper Invest announced that the bank is set to become the first Israeli bank to facilitate cryptocurrency trading – following a partnership with US blockchain firm Paxos, according to a report by Reuters. The announcement also clarified that currently, the new service will only allow customers to buy, hold and sell bitcoin and

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Janet Yellen Admits Crypto Has Benefits — Says Treasury Working on Crypto Regulation

Janet Yellen Admits Crypto Has Benefits — Says Treasury Working on Crypto Regulation

U.S. Treasury Secretary Janet Yellen has admitted that there are benefits to cryptocurrency. Crypto has grown by leaps and bounds and is now “playing a significant role” in the investment decisions of lots of Americans, Yellen said, adding that the Treasury Department is working on regulatory recommendations for healthy innovation. Treasury Secretary Yellen Sees Benefits

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Grimes Announces ‘Children’s Metaverse Book’ as Part of 0M Avalanche Initiative

Grimes Announces ‘Children’s Metaverse Book’ as Part of $100M Avalanche Initiative

The Avalanche Foundation is making a major push to bring art and entertainment to the home of AVAX. Canadian musician Grimes is launching an “intergalactic children’s metaverse book.” Announced Friday at the Avalanche Summit in Barcelona, Grimes, also the mother of Tesla (TST) CEO Elon Musk’s children, said the project was part of a $100 million initiative

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PUBG Developer Krafton Partners With Solana Labs to Build Blockchain Games and Services

PUBG Developer Krafton Partners With Solana Labs to Build Blockchain Games and Services

Krafton, the company behind the development of the blockbuster videogame PUBG, has announced a partnership with Solana Labs with the objective of building its blockchain game offering. The new business plan of the company includes the creation of token economies to power play-to-earn (P2E) experiences to build its own Web3 offerings. Krafton Chooses Solana to

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Chip industry under threat with neon production set to fall off a cliff following Russia’s invasion of Ukraine

Chip industry under threat with neon production set to fall off a cliff following Russia’s invasion of Ukraine

KEY POINTS Neon is required for the lasers that are used in a chip production process known as lithography, where machines carve patterns onto tiny pieces of silicon made by the likes of Samsung, Intel and TSMC. These machines are produced by Dutch firm ASML. More than half of the world’s neon is produced by

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