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June 2022

Christie’s Web3 Expert Leaves Auction House to Run CryptoPunks for Yuga Labs

Christie’s Web3 Expert Leaves Auction House to Run CryptoPunks for Yuga Labs

Noah Davis, a key factor in the storied auction house’s crypto embrace, was involved in Beeple’s $69 million NFT sale in March 2021. After acquiring the coveted CryptoPunks non-fungible token (NFT) project back in March, Yuga Labs is bringing on Noah Davis, a key part of the NFT team at auction house Christie’s, to be the […]

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MICHAEL SAYLOR LISTS 10 THINGS FOR BITCOIN TO BECOME A STRONGER ASSET

MICHAEL SAYLOR LISTS 10 THINGS FOR BITCOIN TO BECOME A STRONGER ASSET

In an interview with Bloomberg, Michael Saylor detailed 10 things that needs to happen over the next decade for bitcoin to become a stronger asset for institutions. Michael Saylor recently appeared in an interview with Bloomberg to discuss bitcoin and regulation. The CEO of MicroStrategy explained he believes bitcoin has 10 things it needs to

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Russian Finance Ministry Rules Out Sale of Oil for Bitcoin

Russian Finance Ministry Rules Out Sale of Oil for Bitcoin

The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto Payments Not for Russian State Settlements, Ministry of Finance Says Cryptocurrency

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Third non-EU country, Ukraine, joins the European Blockchain Partnership

Third non-EU country, Ukraine, joins the European Blockchain Partnership

With the ultimate goal of integrating its digital economic space with the EU, Ukraine plans to expand its interstate blockchain network partnership with other countries. After Norway and Liechtenstein, Ukraine became the third country outside the European Union to join the European Blockchain Partnership (EBP), an initiative derived by 27 member states to deliver cross-border

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Elon Musk’s support for Dogecoin grows stronger following 8B lawsuit

Elon Musk’s support for Dogecoin grows stronger following $258B lawsuit

Musk was seemingly unshaken about the allegation as he doubled down on his love for the Dogecoin ecosystem with a tweet saying, “I will keep supporting Dogecoin.” Not even a $258 billion class-action lawsuit alleging a crypto pyramid scheme could stop Elon Musk from publicly displaying his continued support for Dogecoin (DOGE). On June 16, a New York district

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Bitfarms Looks to Boost Liquidity With Sale of 1,500 Bitcoin, New Loan

The miner paid down a credit line from Galaxy Digital while inking new equipment financing from NYDIG. Crypto miner Bitfarms (BITF) raised $34 million with the sale of 1,500 bitcoin (BTC), applying those funds to trim a credit-backed facility from Galaxy Digital (GLXY.TO) to $66 million from $100 million. Alongside, the company entered a new

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JAPAN’S LARGEST BITCOIN LIGHTNING COMMUNITY PARTNERS WITH TOP TOKYO REAL ESTATE FIRM

JAPAN’S LARGEST BITCOIN LIGHTNING COMMUNITY PARTNERS WITH TOP TOKYO REAL ESTATE FIRM

Japan’s largest Lightning Network community Diamond Hands is partnering with a top real estate firm in Tokyo for a joint-research project to further adoption. The largest Lightning community in Japan, Diamond Hands, is partnering with one of the largest real estate firms, Open House Group, in Tokyo for a joint-research project. Open House will research

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Too big to sanction? A large Russian bank still operates freely because it helps Europe get Russian gas

Too big to sanction? A large Russian bank still operates freely because it helps Europe get Russian gas

Ukraine is urging the United States and the European Union to slap tougher sanctions on one of Russia’s largest banks, Gazprombank, which is still able to operate freely around the world because of its central role in Moscow’s gas trade. Ukraine’s government says the bank, which was set up to service Russia’s state-owned gas company Gazprom, is

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Babel Finance Halts Withdrawals as Crypto Market Plunges

Babel Finance Halts Withdrawals as Crypto Market Plunges

Babel Finance, a cryptocurrency lending firm based in Hong Kong, on Friday, announced that it has temporarily paused the withdrawals and redemption of crypto assets. The move comes as the crypto lender appears struggling to pay its customers after the recent plunge in the cryptocurrency market. “Recently, the crypto market has seen major fluctuations, and some institutions

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