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  • NFT Collection Veefriends Physical Collectibles to Debut at Macy’s and Toys’R’Us
    by Jamie Redman on October 4, 2022 at 10:30 pm

    In recent times, non-fungible tokens (NFTs) and their physical counterparts have started to debut at well known retail stores and luxury boutiques. On October 4, the NFT project called Veefriends revealed that the team is launching its limited edition series of collectible characters exclusively at Macy’s and Toys”R”Us. Veefriends holds the 20th position in terms

  • Pro-Russian Groups Raised $400,000 in Crypto Since Ukraine Invasion, Report Reveals
    by Lubomir Tassev on October 4, 2022 at 8:30 pm

    Groups supporting Russia’s war effort in Ukraine have been actively collecting cryptocurrency to fund paramilitary operations and evade sanctions, researchers say. According to a new report, these organizations use Telegram to raise money then used to pay for equipment and training. Paramilitary Groups Employ Cryptocurrency to Fund Russian Operations in Ukraine Pro-Russian groups have reportedly

  • Bankrupt Crypto Lender Celsius’ Asset Sale Is Scheduled, Sources Say FTX CEO May Bid
    by Jamie Redman on October 4, 2022 at 6:30 pm

    According to a filing published by the U.S. Bankruptcy Court for the Southern District of New York, the crypto lending firm Celsius has been given a final bid deadline of October 17, 2022. Following the bankruptcy court’s final bid deadline, a sale hearing is scheduled for November 1. A report published last week noted that

  • NYSE Halts Twitter Trading After Report Says Elon Musk Plans to Follow Through With Acquisition
    by Jamie Redman on October 4, 2022 at 5:05 pm

    According to reports, Tesla’s Elon Musk now plans to purchase Twitter Inc. for the original asking price of $54.20 a share. Twitter’s shares surged following the news and climbed nearly 20% higher and trading was halted twice so far. Report Claims Tesla’s Elon Musk Will Purchase Twitter at the Original Asking Price It seems Elon

  • Mastercard Debuts Blockchain Surveillance Tool for Banks and Crypto-Centric Card Issuers
    by Jamie Redman on October 4, 2022 at 4:30 pm

    On Tuesday, the multinational financial services corporation Mastercard revealed that it is launching a new crypto monitoring product called Crypto Secure. The Crypto Secure software aims to leverage artificial intelligence (AI) algorithms in order to help banks and crypto-centric debit card issuers identify fraudulent crypto transactions. Mastercard, Ciphertrace Introduce New Crypto Monitoring Product Called Crypto

  • Biggest Movers: MATIC Hits 3-Week High, LINK up Almost 10%
    by Eliman Dambell on October 4, 2022 at 3:30 pm

    Polygon raced to a three-week high during today’s session, as bullish sentiment returned to cryptocurrency markets. Chainlink was also in the green, as the token surged for a second straight day, rising by almost 10% in the process. Overall, the global crypto market cap is up 3.06% as of writing. Polygon (MATIC) Polygon (MATIC) was

  • UN Report Urges Fed to Suspend Interest Rate Hikes, Presses for ‘Public Spending’ Increases
    by Jamie Redman on October 4, 2022 at 2:00 pm

    The United Nations Conference on Trade and Development (UNCTAD) has warned that the U.S. Federal Reserve’s interest rate hikes and the slew of other central banks raising rates, could pose harm to the global economy. UNCTAD calculated that for every Fed basis point rise, the economic output of wealthy countries declines by 0.5%, and for

  • Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000, USD Hits 2-Week Low
    by Eliman Dambell on October 4, 2022 at 12:30 pm

    Bitcoin was back above $20,000 on Tuesday, as the U.S. dollar fell to its lowest point in two weeks versus several G7 currencies. The stronger dollar has impacted purchasing power in cryptocurrencies, and commodities like crude oil, which last week fell to a nine-month low. Ethereum was also up, hitting a five-day high. Bitcoin Bitcoin

  • Cryptocurrency Is Losing Popularity as Investment Vehicle in US, According to Bankrate Survey
    by Sergio Goschenko on October 4, 2022 at 11:30 am

    The popularity of cryptocurrency as an investment vehicle is dwindling in the U.S., according to a survey made by Bankrate. The survey found that trust in crypto has diminished across several groups, with millennials losing 20% of their trust in the assets — more confidence lost than in the other generational groups surveyed. Investors Losing

  • The Coorest Carbon Standard Now Officially Certified
    by Media on October 4, 2022 at 11:00 am

    PRESS RELEASE. Coorest, a Polygon-native project, is the first blockchain project to have a certified standard for carbon compensation entirely on-chain — allowing anyone with an internet connection to compensate for their carbon footprint, thereby demonstrating that the newly certified Coorest Carbon Standard (CCS) is an excellent alternative to other pre-existing standards. As a result