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July 2022

Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks

Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks

A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries and banks. Russian Developers Create SWIFT Substitute Using Blockchain Experts from the Competence Center […]

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GameStop Launches Public Beta Version of NFT Marketplace

GameStop Launches Public Beta Version of NFT Marketplace

Video game retailer GameStop Corp announced Monday the launch of a public beta version of a non-fungible token (NFT) marketplace amid the downturn of the crypto market. The company’s NFT marketplace is a non-custodial, Ethereum-based layer 2 marketplace that enables parties to truly own their digital assets, which are represented and secured on the blockchain.

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European stocks close higher as euro hovers close to dollar parity; EDF shares up 6%

European stocks close higher as euro hovers close to dollar parity; EDF shares up 6%

KEY POINTS The pan-European Stoxx 600 index provisionally ended up 0.4%, with most sectors and major bourses in positive territory. Investors are also gearing up for the latest U.S. inflation reading on Wednesday. German investor sentiment fell sharply in July. The ZEW economic research institute said on Tuesday that its economic sentiment index fell to

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Playboy to launch first ‘MetaMansion’ in The Sandbox

Playboy to launch first ‘MetaMansion’ in The Sandbox

Playboy is set to add to its Web3 offerings by launching a MetaMansion that will host gaming, social and programmed events, along with future NFT collectible releases from the firm. According to a Monday announcement, this virtual version of the Playboy mansion will feature a host of gaming, social and programmed events, along with future nonfungible

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BRAZIL’S LARGEST PAYMENTS APP TO ENABLE 65 MILLION USERS TO BUY BITCOIN

BRAZIL’S LARGEST PAYMENTS APP TO ENABLE 65 MILLION USERS TO BUY BITCOIN

PicPay, the largest payments app in Brazil, is launching a cryptocurrency exchange where its 65 million users can learn about and buy bitcoin. Brazil’s largest digital payments app, PicPay, is set to enable its over 65 million users to purchase bitcoin on its platform. It is unclear if users will be able to withdraw their

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Shanghai Plans to Cultivate B Metaverse Industry by 2025

Shanghai Plans to Cultivate $52B Metaverse Industry by 2025

Shanghai wants to create more than 100 companies in a plan that focuses on virtual reality and increased connectivity. A policy paper released by the Shanghai city government on July 8 outlined its strategy to cultivate a metaverse industry worth 350 billion yuan ($52 billion) by the end of 2025. Shanghai is looking at “strengthening cutting-edge technological breakthroughs,” with

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Stocks making the biggest moves midday: Twitter, Wynn Resorts, Lululemon, Nio and more

Stocks making the biggest moves midday: Twitter, Wynn Resorts, Lululemon, Nio and more

Twitter — Shares of the social media company dropped more than 8% after Elon Musk walked away from his $44 billion deal to buy Twitter. Musk alleged that Twitter under-reported the number of spam bots on the platform. The two parties are likely set for a protracted court battle, and Musk could also be faced with paying a $1 billion breakup fee.

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A NEW PHYSICALLY BACKED BITCOIN ETN JUST LAUNCHED IN GERMANY

A NEW PHYSICALLY BACKED BITCOIN ETN JUST LAUNCHED IN GERMANY

EQONEX Limited launched a physically backed bitcoin ETN for German investors which will allow free bitcoin redemption and low management fees. EQONEX Limited launched a physically backed bitcoin ETN for German investors. Physical bitcoin will be custodied by Digivault in a segregated account. The company intends to build out more investor products to be offered

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