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Bank of Russia Predicts Digital Ruble Won’t End Other Payment Methods

October 21, 2023 0

The Central Bank of Russia does not expect the introduction of the digital ruble to end the popularity of other non-cash and cash payment options. According to statements offered by Alla Bakina, director of the bank’s national payment system department, other non-cash payment options have

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Binance Resumes Euro Transfers Through New Fiat Partners

October 21, 2023 0

Cryptocurrency exchange Binance is restoring fiat services for customers using the common European currency, the euro (EUR). The coin trading giant announced that users are already migrating to the new platforms it partnered with in the wake of losing the services of Paysafe. Crypto Exchange Binance Offers Users New EUR Options for Deposits and Withdrawals […]

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Roblox to End Remote Work Policies; Metaverse and Digital Workspaces ‘Still Not There’

October 21, 2023 0

Roblox, a metaverse gaming company, has recently announced the end of its remote work policies, calling all but a few workers to work from its headquarters in San Mateo, California. Roblox founder and CEO David Baszucki stated that the metaverse and digital workspaces were still not as “engaging, collaborative, and productive as physical spaces.” Roblox […]

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Crypto Exchange Coinbase Chooses Ireland as EU MiCA Hub

October 21, 2023 0

U.S. cryptocurrency exchange Coinbase has selected Ireland as the main regulatory hub for its operations across the European Union. The company hopes to obtain a license in Ireland that will allow it to provide services in EU member states under the pan-European Markets in Crypto Assets (MiCA) law. Coinbase Bets on EU Growth Amid Regulatory […]

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Binance to Sunset Visa Crypto Card as 2023 Sees Decline in Digital Debit Cards

October 21, 2023 0

Several reports have revealed that Binance, which is recognized as the leading crypto exchange by trading volume, intends to discontinue its Visa crypto card on December 20, 2023. The enterprise emphasized that only a “small number of Binance users” would be affected by this development. Binance to Discontinue Visa Offering by Year’s End In 2023, […]

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Ethereum Co-Founder, Consensys Sued By Early Employees Over Alleged Equity Promises

October 21, 2023 0

More than two dozen early employees of the blockchain software company Consensys have filed a lawsuit against Ethereum co-founder Joseph Lubin, Consensys, and other parties. The plaintiffs allege Lubin broke contractual promises related to equity compensation made when the employees joined the company in its formative years starting in 2014. Ethereum Co-Founder Joseph

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Americans Have Their Say in Constitution for AI

October 21, 2023 0

Anthropic has acquired the views of a group of American citizens on the fundamental principles that should govern artificial intelligence (AI). The gathered opinions have formed the basis of a “constitution for AI” as part of an attempt to explore how democratic processes can influence the technology’s development. Anthropic Prepares Constitution for AI Using Public […]

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Amid Rising Bitcoin ETF Hopes, Critics Warn of Vulnerability and Echoes of Precious Metal Manipulation

October 20, 2023 0

In recent months, the buzz around a potential bitcoin exchange-traded fund (ETF) has surged, echoing in its climbing price. But the enthusiasm isn’t universal. Some fear a spot bitcoin ETF could make BTC vulnerable, much like the gold and silver markets. The approval might open doors to manipulative practices reminiscent of those alleged in precious […]

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MultiversX Launches Strategic Partnership With Google Cloud to Further AI and Big Data Ambitions in the Web3 World

October 20, 2023 0

PRESS RELEASE. After outlining a comprehensive strategy to spearhead the development of blockchain-powered tools and Web3 solutions that leverage and extend the reach of emerging AI technologies, MultiversX, the leading layer-1 smart contract platform, has announced a strategic partnership with Google Cloud, the global public cloud leader, renowned for exceptional

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FinCEN Targets Crypto Mixers Over Laundering and National Security Concerns

October 20, 2023 0

The U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, this week proposed regulations aimed at increasing transparency around crypto mixing services. These services, the agency says, are used by terrorist organizations and state actors to obscure financial transactions. FinCEN refers to these services as “Convertible Virtual Currency Mixing” or CVC