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The International Monetary Fund (IMF) recently made another anti-crypto move, opposing crypto becoming a legal tender. In response, crypto community members quickly fired back and expressed disagreement on Twitter.  The IMF’s executive board recently endorsed a crypto asset policy framework that did not grant crypto assets an official currency or legal tender status. The executives
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Bitcoin fell back below $24,000 on Feb. 24, as markets anticipated the release of the upcoming consumer sentiment figures from the United States. The report from the University of Michigan is expected to show an increase in confidence, despite current inflationary pressures. Ethereum marginally retreated from Thursday’s high. Bitcoin Bitcoin (BTC) was once again trading
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US stock futures dropped on Friday after the Federal Reserve’s preferred measure of inflation came in higher than expected, the latest in a run of hotter-than-expected economic data that has fuelled expectations of further interest rate rises from the central bank. S&P 500 futures fell 1.4 per cent while Nasdaq 100 futures were 1.7 per
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The Russian mercenary boss Yevgeny Prigozhin often brags about his supposedly fearless exploits on Ukraine’s battlefields, but his most reckless manoeuvre may have been at home: flying too high in the Kremlin. For months, the founder of the Wagner group has been sparring with Russia’s military over a series of calamitous defeats in Ukraine, in
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BlueWallet is sunsetting its lightning node connection to Lndhub, according to an official statement. BlueWallet will cease custodial lightning operations, meaning that BlueWallet users of the Bitcoin (BTC) Lightning Network must connect to nodes to continue using BlueWallet lighting services. What does BlueWallet sunsetting LndHub mean for you? – If you use BlueWallet for on-chain
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Global crypto exchange Binance is now hiring IT specialists and customer service representatives for its operations in Romania. The leading coin trading platform is also engaged in a number of educational initiatives in collaboration with Romanian universities and authorities. Cryptocurrency Exchange Binance Recruiting Personnel for Romania Offices Binance, the largest crypto exchange by trading volume,
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“The glory and freedom of Ukraine have not yet died.” Scarcely has the first line of a national anthem proved so apt. Russia’s assault on its neighbour on February 24 2022 brought large-scale war, with all its bloodshed, misery and mass dislocations, back to Europe. A year later there are grounds for solace. Ukraine has
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Bitcoin (BTC) stands at the start of a “new regime” after its early 2023 price gains, and next year will prove pivotal. That is the opinion of Charles Edwards, founder of quantitative Bitcoin and digital asset fund Capriole Investments. As investment behavior around Bitcoin recovers in line with network fundamentals and price action, Edwards, perhaps like
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Google Cloud, the remote services division of the software giant, has announced a partnership with blockchain company Tezos to become a block validator (“baker”) in its network. As part of this partnership, Google Cloud will also offer Tezos validation services through its platform, allowing easier deployment for customers worldwide. Google Cloud Partners With Tezos Google
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On February 24 last year, the world awoke to news that Russian tanks had rolled into Ukraine from the east and north. Troops had been massing on Ukraine’s borders for months and Russian leader Vladimir Putin had made a series of fiery speeches on the long-running conflict in the Donbas region. There were fears that
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Tencent, the Chinese software and tech company, has announced its metaverse suite of services designed to target Asian markets. The company revealed that it will revamp its media offering with its new “metaverse-in-a-box” proposal, which aims to facilitate the task of building virtual worlds for third-party companies. Tencent to Focus on Offering Metaverse Tools to
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China has called for a ceasefire in the war in Ukraine and a return to negotiations as Beijing attempts to position itself as a peacemaker in the conflict on the anniversary of Russia’s full-scale invasion. The Chinese foreign ministry on Friday released a 12-point paper on its position on a “political settlement” to the war
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Job cuts at McKinsey and KPMG this month are the first concrete sign that a boom in spending on consultants that started during the pandemic might be over, as clients move to reduce costs and battle inflation. Companies short on staff and desperate to make their operations digital after the pandemic paid record amounts to
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