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South African Financial Sector Regulator Declares Crypto Assets a Financial Product

October 20, 2022 0

According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Declaration of the crypto assets as financial products means crypto asset service providers (CASP),

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Retail Giant Walmart Outlines Crypto Strategy — Executive Foresees a Lot of Disruption in Payment Options

October 20, 2022 0

Walmart’s global chief technology officer has revealed crypto’s role in the retail giant’s future. “Crypto will become an important part of how customers transact,” the executive said. “We want to make sure that we make it as friction free for customers to be able to transact.” Executive Discusses Crypto in Walmart’s Future Walmart Global Chief […]

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Goldman Sachs CEO Sees Good Chance of Recession — Advises Investors to Be Cautious, Prepare for More Difficult Environment

October 20, 2022 0

The CEO of global investment bank Goldman Sachs, David Solomon, sees a good chance of a U.S. recession. He stressed that the “environment heading into 2023 is one that you’ve got to be cautious and prepared for.” Goldman Sachs CEO Warns About U.S. Recession, Advises Investors to Be Cautious Goldman Sachs CEO David Solomon warned […]

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Renowned Investor Jim Rogers Warns of the Worst Recession in His Lifetime

October 20, 2022 0

Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, expects the bear market to get much worse, adding that this recession will be the worst in his lifetime. “We are probably going to have one last rally but that will be it,” he predicted. “Then we are coming to the […]

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While Everyone Is Trying to Build a Super App Blockbank Has Done It

October 19, 2022 0

PRESS RELEASE. “Creating a neobanking super-app for crypto and digital assets has been blockbank’s ultimate vision since its inception. Throughout this past year, we have listened to our growing user base, acquired global licenses, and built one of the most technologically advanced pieces of software in this space,” said Anastasija Plotnikova, the CEO of blockbank. […]

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Finder’s Experts Predict Bitcoin Will End the Year at $21K, Panel Expects BTC to Hit $79K by 2025

October 19, 2022 0

Following the recent xrp and ether prediction forecasts by crypto and fintech experts chosen by the product comparison web portal, finder.com, Finder’s latest handful of specialists have produced a predictions report for bitcoin. The group of 55 Finder’s experts think bitcoin will increase in value by more than 10% by the year’s end, and by […]

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Playing Card Maker Bicycle to Feature Bored Ape #1,227 in Upcoming Collectible Deck

October 19, 2022 0

Last year, when the non-fungible token (NFT) industry was frothing over, the 137-year-old playing card manufacturer Bicycle issued NFTs called the Genesis Collection and in June, Bicycle purchased Bored Ape Yacht Club #1,227. Bicycle and parent company Cartamundi Group announced on Tuesday that the playing card firm plans to launch a classic Bicycle card deck […]

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Euro Area Annual Inflation Jumps to 9.9% in September, Cost of Bread Skyrockets, Protests Erupt

October 19, 2022 0

According to the European Union’s statistics office Eurostat on Wednesday, Euro area annual inflation is up to 9.9% in September, up from 9.1% in August. The inflation rate in September tapped a 40-year high, and investors suspect that the eurozone is “at risk of a financial meltdown.” European Union’s Consumer Price Index Taps a 40-Year […]

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Understanding TRON Grand Hackathon 2022 Season 3 and the Hacker House Event

October 19, 2022 0

TRON is a layer-1 blockchain utilizing a delegated proof of stake consensus mechanism. Its eco-friendly network, low fees, and easy to use developer tools have allowed it to attain a massive amount of user growth and innovative projects. Dave Uhryniak is the Director of Ecosystem Development at TRON DAO. He rejoined the Bitcoin.com News Podcast […]

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Defi Platform Moola Exploited for $8.4 Million in Incident Described as ‘Incredibly Simple Attack’

October 19, 2022 0

Moola, a decentralized finance (defi) lending and borrowing platform, was recently exploited for $8.4 million in what has been described as an “incredibly simple attack.” Moola responded to the attack by pausing all activity on the platform. The defi platform also told the attacker(s) it was willing to negotiate a “bounty payment in exchange for […]