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SoFi CEO Anthony Noto crypto

SoFi CEO Anthony Noto Revealed He Holds Crypto

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The CEO of financial company SoFi, Anthony Noto said that his family holds crypto and that it would be a mistake for enterprises to ignore blockchain technology despite the risks of that digital assets present. In a CNBC interview, Noto mentioned that the crypto industry is still at its early stage...

Netflix Bitfinex crypto

Netflix Ordered Documentary About Bitfinex Hack

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Major streaming service and production company Netflix revealed that it had ordered a doc series about the couple, who allegedly attempted to withdraw funds from one of the largest crypto hacks. The hack happened in 2016 when hackers managed to exploit the crypto exchange Bitfinex and seize about...

Hungary György Matolcsy crypto EU

Hungary's CB Head Urges EU to Ban Crypto Trading and Mining

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György Matolcsy, the governor of the Hungarian National Bank (Magyar Nemzeti Bank in Hungarian) said at a press conference that it's time for the European Union to act upon crypto, and ban crypto trading and mining activities. Last year, the government of China announced all crypto activities as...

Shiba Inu Shibarium

Shiba Inu's Layer 2 Solution Shibarium Will go Live Soon

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Shibarium, the Layer 2 scaling solution for the Shiba Inu, will be launched soon. It is expected to go live in the first half of 2022. However, the official date wasn't announced yet. According to the 2022 roadmap of the public/private blockchain ecosystem, Unification Foundation, developers are...

Polygon MATIC investment round

Polygon Raised $450 M in a Round Led by Sequoia

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Polygon, an Ethereum scaling solution, has attracted $450 M, in a funding round led by Venture Capital Sequoia Capital India. SoftBank, Galaxy, Tiger, Republic Capital, and others also took part in the fundraising. The amount was raised via a private sale of MATIC, the native crypto of the...

dating crypto investors

Study Found Crypto Investors Are More Attractive to Date

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A recent study by the trading platform eToro found out that financially stable people, who are also savvy, are more attractive for going out on a date. Based on the survey answers, 33% of Americans would be more likely to date someone who added crypto in their dating profile. Also, the study found...

Unus Sed LEO price

UNUS SED LEO Hit a New All-Time High of Above $5

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LEO token hit a new all-time high, going above $5.23. It has a market cap of nearly $5 billion. LEO is a utility token operating on the Bitfinex trading platform and the Ifinex ecosystem. Bitfinex launched the token in May 2019 via Initial Exchange Offering (IEO)....

Ray Dalio crypto

Ray Dalio Says Crypto Attracts Too Much Attention

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In a recent interview on The David Rubenstein's Show, billionaire investor Ray Dalio said that he finds crypto interesting, and holds a small part of his holdings in digital assets for diversification. However, the entrepreneur also mentioned that the sector is vulnerable. Dalio said it can be...

lawsuit crypto crypto tax

IRS Said Unsold, Staked Crypto Won't Be Taxed

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Rules for tax on crypto have been uncertain in the US. As a result of a lawsuit, started in May 2021, the Internal Revenue Service said that it would refund $3,293 in income tax (and statutory interest) to a Nashville couple. Previously, the couple had paid the amount on 8.876 Tezos tokens they had...

India crypto regulation

India to Impose 30% Tax on Crypto and NFT Income

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During a budget presentation today, India's Minister of Finance Nirmala Sitharaman revealed plans for the release of national digital currency and the taxation of the revenue from crypto assets for 30%. As announced, the Reserve Bank of India intends to release a digital rupee in 2022-2023. The FM...

Meta COPA

Meta Becomes a Member of COPA

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Crypto Open Patent Alliance announced welcoming Meta onboard, saying the step is the biggest commitment to patent non-aggression till today. COPA is a non-profit community, formed in September 2020 by Jack Dorsey's Square company. It has a mission to make technology on crypto accessible for all...

SEC explores crypto lending products

The US SEC Reviews Products of Gemini, Celsius, and Voyager

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The U.S. Securities and Exchange Commission is examining the products of crypto companies Celsius, Voyager, and Gemini. According to a Bloomberg report, the scrutiny is a part of an expanded inquiry into businesses that provide lending products and allow customers to deposit tokens and earn...

Vladimir Putin Russia crypto

Vladimir Putin Mentioned Russia’s Advantages in Crypto Mining

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The president of Russia, Vladimir Putin does not totally agree with the position of the country's Central Bank that crypto mining and trading should be banned. Today, during the meeting with the government members, Putin talked about crypto regulations. Referring to the paper released recently by...

Grayscale considers new assets

Grayscale Published the List of Assets It Considers To Add

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Digital currency investing and cryptocurrency asset management company Grayscale published a new list of assets it considers to add to its investment products. There are various cryptos listed such as DeFi, Layer 1, and Metaverse tokens. The total number of the included assets is 25. Among them are...

Lloyd Blankfein about crypto

Goldman Sachs Former CEO Says Crypto Is Happening, Amid the Dip

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Lloyd Blankfein, who served as the senior chairman of Goldman Sachs previously, expressed his views on the crypto sector during a recent talk at Squawk Box. Being skeptical about crypto previously, Blankfein said that his views have been evolving. To the question of what his opinion is for the...

White House regulations

White House to Present Government Policy of Crypto in February

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The US presidential administration is going to issue an initial government strategy for the crypto industry next month, after which agencies will estimate the risks and advantages of digital assets. A report by Bloomberg, based on the information from people familiar with the subject, reveals that...

El Salvador Bitcoin loans

El Salvador to Provide Crypto-Based Loans

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El Salvador continues to increase Bitcoin’s role in the country’s economics. Currently, the government considers offering small and medium businesses $10 M in crypto-backed loans. The program will start in the first quarter of this year. Director at Technological Economic International Affairs...

Google blockchain division

Google Forms a Group to Work on Distributed Technologies

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One of the top tech companies, Google revealed that the company has a new unit which will work on blockchain and other disruptive computing and data processing techs. As per a report by Bloomberg, Google assigned an engineering vice president of Advertising Infrastructure and Payments Systems at...