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May 2022

SWISS LUXURY WATCHMAKER TAG HEUER NOW ACCEPTS BITCOIN AS PAYMENT ONLINE

SWISS LUXURY WATCHMAKER TAG HEUER NOW ACCEPTS BITCOIN AS PAYMENT ONLINE

Swiss luxury watchmaker TAG Heuer is now accepting online bitcoin payments in a partnership with BitPay. TAG Heuer, a luxury watchmaker from Switzerland, is now accepting bitcoin and other cryptocurrencies as payment online. TAG partnered with BitPay to bring this new functionality to its e-commerce customer base. BitPay allows businesses to accept bitcoin and other […]

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Elon Musk: US Economy Is Probably in Recession That Could Last 18 Months — Warns It ‘Will Get Worse’

Elon Musk: US Economy Is Probably in Recession That Could Last 18 Months — Warns It ‘Will Get Worse’

Tesla and Spacex CEO Elon Musk says that the U.S. economy is probably in a recession and it could be “tough going” for 12 to 18 months. He added: “The honest reason for inflation is that the government printed a zillion more money than it had.” Elon Musk on U.S. Recession and Inflation Elon Musk,

Elon Musk: US Economy Is Probably in Recession That Could Last 18 Months — Warns It ‘Will Get Worse’ Read More »

Terra Co-Founders to Face Fraud Charges in South Korea

Terra Co-Founders to Face Fraud Charges in South Korea

The challenges ahead for Terra’s co-founders are notably more than just reviving the protocol after UST and LUNA coins collapsed last week. As reported by a local media site, Munhwa, an organized group of LUNA and UST investors is planning to file a legal complaint against CEOs Do Kwon and Daniel Shin for alleged fraud. Besides the planned official complaints filed with

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What happened to the stock market?

What happened to the stock market?

Sometimes it takes just one stock to bring the market’s worst fears to life. On Wednesday, that stock was Target. It was a day straight out of investors’ nightmares. The Dow Jones Industrial AverageDJIA –0.75%  fell 1,164.52 points, or 3.6%, while the S&P 500SPX –0.58%  declined 4%, and the Nasdaq Composite dropped 4.7%. The S&P 500 and the Dow had their worst days since

What happened to the stock market? Read More »

India isn’t the only one banning food exports. These countries are doing the same

India isn’t the only one banning food exports. These countries are doing the same

KEY POINTS The war has triggered a huge spike in wheat prices, with Russia and Ukraine among the biggest exporters of the commodity. Many countries have banned wheat, as well as other food exports as a result of the Ukraine crisis. “As the war continues, there is a growing likelihood that food shortages, particularly of

India isn’t the only one banning food exports. These countries are doing the same Read More »

El Salvador Plays Host to Developing Economies to Delve Deeper into Bitcoin Adoption

El Salvador Plays Host to Developing Economies to Delve Deeper into Bitcoin Adoption

The ongoing Bitcoin conference in El Salvador could not have come at an interesting time when the leading cryptocurrency has shown its resilience amid the current LUNA crash, according to Mikkel Morch, the executive director at crypto hedge fund ARK36. El Salvador is hosting the Alliance for Financial Inclusion (AFI) annual meeting, running from May

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SWISS LUXURY WATCHMAKER TAG HEUER NOW ACCEPTS BITCOIN AS PAYMENT ONLINE

ONE-CLICK BITCOIN PAYMENTS ARE NOW AVAILABLE IN 30 COUNTRIES

Primer, an automated payments infrastructure platform servicing over 30 countries, partnered with OpenNode to enable one-click payments with bitcoin. Primer, a global payment infrastructure automation platform, now allows one-click checkout functions for bitcoin. Primer partnered with a leading bitcoin payments infrastructure company, OpenNode, to bring this optionality worldwide. Primer currently operates in 30 countries with

ONE-CLICK BITCOIN PAYMENTS ARE NOW AVAILABLE IN 30 COUNTRIES Read More »

Vietnamese officials back new partnership to tokenize genomic profiles

Vietnamese officials back new partnership to tokenize genomic profiles

Vietnamese official Nguyen Chi Dung believes that data ownership and privacy can enhance the healthcare industry. Asia-based genomics firm Genetica and Web3 data management firm Oasis Labs have partnered to tokenize genomics profiles with the aim to enhance genomics-based precision medicine. In an announcement sent to Cointelegraph, the firms noted that Genetica will migrate 100,000

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Binance in Talks for Regulatory Approval in Germany, CEO Says

Binance in Talks for Regulatory Approval in Germany, CEO Says

Changpeng Zhao says the crypto exchange is recruiting compliance personnel in the country. Cryptocurrency exchange Binance is in talks to gain regulatory approval in Germany, founder and CEO Changpeng “CZ” Zhao said. Binance is recruiting compliance personnel for its team in Germany and hopes to win a license there, he said at an event in Hamburg

Binance in Talks for Regulatory Approval in Germany, CEO Says Read More »

UK inflation jumps to 40-year high of 9% as food and energy prices spiral

UK inflation jumps to 40-year high of 9% as food and energy prices spiral

KEY POINTS The 9% rise in the consumer price index is the highest since records began in 1989, outstripping the 8.4% annual rise posted in March 1992 and well ahead of the 7% seen in March of this year. A quarter of Britons have resorted to skipping meals as inflationary pressures and a food crisis

UK inflation jumps to 40-year high of 9% as food and energy prices spiral Read More »