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March 2022

China says it will support Chinese IPOs abroad, calls for closure on tech crackdown

China says it will support Chinese IPOs abroad, calls for closure on tech crackdown

Leave a Comment / Stock market /

KEY POINTS Chinese and U.S. regulators are progressing toward a cooperation plan on U.S.-listed Chinese stocks, state media said, citing a financial stability meeting Wednesday chaired by Vice Premier Liu He. Days of worries about U.S. delisting risks, on top of existing concerns about economic growth, had sent Chinese stocks plunging in New York and […]

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Visa seeks new college grads for Crypto Development Program

Visa seeks new college grads for Crypto Development Program

Leave a Comment / Crypto/Blockchain /

Successful candidates will, among many other tasks, “define Visa’s crypto strategy and identify new product opportunities.” According to a recent job posting, Visa is inviting new college graduates to join its 18-month rotational Crypto Development Program. Applicants will alternate between the three departments of Visa’s current crypto ecosystem: crypto product, crypto solutions and digital partnership, where

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Draftkings Reveals 2022 College Hoops NFT Collection for March Madness

Draftkings Reveals 2022 College Hoops NFT Collection for March Madness

Leave a Comment / Business, NFTs /

On March 15, the American fantasy sports contest and betting company Draftkings announced the company’s first in-house digital collectibles campaign called the “Primetime NFT Series.” The first Draftkings’ NFT series drop will be the “2022 College Hoops Collection” launched in unison with the single-elimination college basketball tournament known as NCAA’s March Madness. Draftkings to Drop

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HSBC Enters the Metaverse Through Partnership With The Sandbox

HSBC Enters the Metaverse Through Partnership With The Sandbox

Leave a Comment / Metaverse /

The bank wants to engage with sports, e-sports, and gaming fans on the metaverse. HSBC, with almost $3 trillion in assets, is the first global bank to enter The Sandbox metaverse, said the blockchain gaming firm in a statement on Wednesday. The bank will buy a plot of land at The Sandbox metaverse, which it will develop to engage with sports,

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Getting There: Ethereum Merge Completed On Kiln Testnet

Getting There: Ethereum Merge Completed On Kiln Testnet

Leave a Comment / Ethereum for Dummies, Top Alt Coin News /

Ethereum’s Kiln testnet has successfully passed the merge, however, with a few minor flaws.   Merge testing continues As part of their plans to phase out mining, the Ethereum Foundation needs to merge Ethereum’s execution layer, which still operates under Proof of Work, with the Proof of Stake enabled consensus layer, formerly called Ethereum 2.0. This

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Incoming South Korean President to Boost Crypto Adoption by Zero-Taxing Gains

Incoming South Korean President to Boost Crypto Adoption by Zero-Taxing Gains

Leave a Comment / Cryptocurrency, Regulation /

Upon taking office in May, South Korean President-elect Yoon Suk-yeol vowed to zero tax crypto trading gains not exceeding 50 million won, approximately $40,000 similar to stock gains, according to Nikkei. Deemed a crypto enthusiast, the president-elect emerged victorious in the tightly contested election held last week, and part of his crypto pledges entailed giving initial coin offerings (ICOs)

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Ukraine Partners With FTX, Everstake to Launch New Crypto Donation Website

Ukraine Partners With FTX, Everstake to Launch New Crypto Donation Website

Leave a Comment / Cryptocurrency, Global News /

FTX is converting crypto contributions to Ukraine’s war effort into fiat for deposit at the National Bank of Ukraine. The Ukrainian government launched a new crypto donations website on Monday, streamlining its multimillion-dollar effort to turn bitcoin into bullets, bandages and other war materiel. “Aid for Ukraine,” which has the backing of crypto exchange FTX,

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Oil drops again, now more than 27% below recent high

Oil drops again, now more than 27% below recent high

Leave a Comment / Global Financial News /

Oil registered heavy losses Tuesday, building on Monday’s decline, as myriad factors weighed on sentiment, including talks between Russia and Ukraine, a potential slowdown in Chinese demand and unwinding of trades ahead of the Federal Reserve’s expected rate hike on Wednesday. Both West Texas Intermediate crude, the U.S. oil benchmark, and global benchmark Brent crude were below $100 a

Oil drops again, now more than 27% below recent high Read More »

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