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SMI Vantage Expands Crypto Reach With New Bitcoin Mining Facility in Sarawak

September 14, 2023 0

The Singapore-based investment management and software-as-a-service (SaaS) provider, SMI Vantage, plans to launch a bitcoin mining facility in the state of Sarawak in Borneo, Malaysia. The company has signed a rental agreement and anticipates operations to begin by the end of the third quarter.

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Paul Krugman: ‘The War on Inflation Is Pretty Much Won’ – Claims ‘Remarkable Disinflation’ Occurred

September 14, 2023 0

On Wednesday, Nobel Prize-winning economist Paul Krugman provided a brief analysis of the current economic landscape in the United States. Krugman asserted that the nation has experienced “remarkable disinflation.” According to him, the available data paints a compelling picture, suggesting that the “war on inflation has been pretty much won — without a recession.” Krugman

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Bright Horizons: Fideum Group Anchors Spot in Mastercard Lighthouse Elite Program

September 14, 2023 0

PRESS RELEASE. Fideum Group, an ambitious financial aggregator renowned for its commitment to enhancing both retail and institutional client experiences, announced its notable inclusion in the prestigious Mastercard Lighthouse FINITIV 2023 Fall Program. As one of 15 selectees from the Nordic and Baltic regions, Fideum Group is poised to redefine the fintech industry

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Singapore’s Monetary Authority Issues 9-Year Ban on Three Arrows Capital Founders

September 14, 2023 0

The Monetary Authority of Singapore (MAS) has issued nine-year prohibition orders against Three Arrows Capital (3AC) founders Zhu Su and Kyle Davies, banning them from regulated financial activities in the country. The orders come after a MAS investigation that reportedly uncovered multiple violations of securities laws by the now-defunct crypto hedge fund and its

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LBank Announces Second Launchpad Project – MetaExpand (UMM)

September 14, 2023 0

PRESS RELEASE. Recently, market sentiment and expectations for the GameFi sector (also known as ‘X to Earn’) have soared again. LBank’s first Launchpad PINS (Chat to Earn) from last month has seen an increase of 1600% even in a bear market. According to the announcement, LBank started its second Launchpad today, still in the GameFi […]

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Biggest Movers: TRX Rises to Strongest Point Since July, SOL Extends Gains

September 14, 2023 0

Tron was a big mover on Thursday, as recent reports suggest that the blockchain platform has been processing an average of 4.8 million daily transactions. The token has now surged higher for three consecutive sessions, and looks set to collide with a key resistance level. Solana was also in the green today. Tron (TRX) Tron […]

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Transparency Report Reveals Backing for Paypal’s PYUSD Stablecoin

September 14, 2023 0

Paypal’s stablecoin, PYUSD, has been operational for 38 days. The token’s issuer, Paxos, has issued a transparency report related to the coin’s reserves. Much like many of today’s stablecoin industry leaders, PYUSD is supported by cash reserves and U.S. Treasury reverse repurchase agreements. Paxos Issues Transparency Report on Paypal’s Stablecoin Paxos, the issuer of this

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Bitcoin, Ethereum Technical Analysis: BTC Hovers Near 2-Week High, Ahead of US Retail Sales Report

September 14, 2023 0

Bitcoin neared a two-week high on Thursday, as markets looked ahead to today’s retail sales report in the United States. Sales are expected to rise by 0.2% in August, a drop from a 0.7% increase the month before. Ethereum remained in the green, moving back above a key support point earlier in the day. Bitcoin […]

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NFT-Based Firm Remilia Corporation Sues Independent Contractors Accused of Siphoning $1 Million

September 14, 2023 0

Remilia Corporation, a digital art and non-fungible token (NFT)-related business, has filed a lawsuit against three independent contractors whom it accuses of siphoning $1 million from the company. Founder Krishna Okhandiar denied claims the three had at any point “sought equity shares in Remilia while negotiating their contracts.” Trio ‘Failed to Perform at an Adequate

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Yellow Card’s Partnership With Moonpay Set to Enhance Nigerian Users’ Crypto Trading Experience

September 14, 2023 0

Yellow Card, the Africa-focused crypto exchange, recently said it had joined forces with Moonpay in an arrangement which is expected to help “enhance the crypto purchasing experience for Nigerians by leveraging local bank transfers.” According to Uzoma James, Yellow Card’s West Africa regional manager, the partnership is expected to “make crypto trading easy, intuitive,