Cryptocurrency
Cryptocurrency
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US House Republicans to create a subcommittee focused on crypto
The creation of a subcommittee for digital assets highlights the growing importance of crypto in the financial regulation agenda in Congress
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Chingari ramps up hiring amid recession fears as Indian Web3-based social media space gathers steam
While many other brands are cutting jobs due to concerns about a global recession, Chingari is surprisingly ramping up hiring
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Budget 2023: Crypto startups hope for favourable policies
After the introduction of a 30 percent tax on crypto gains in the FY23 Budget, trading volumes on domestic exchanges decreased by up to 90 percent
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AI tokens experience a surge following ChatGPT's hype, AGIX leads the way
The price of the AGIX token increased significantly after the announcement that Microsoft is planning to invest $10 billion in OpenAI
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BTC mining firm Northern Data AG earned 77.7 million euros in 2022
Northern Data AG sold 3,005 Bitcoins for a mean price of 23,849 euros, resulting in cash revenue of 71.7 million euros
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Amazon Web Services and Ava Labs announced a partnership
AWS's partnership with Ava Labs is their first partnership with a blockchain project, but several blockchain networks already rely on AWS to power their networks
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El Salvador passes bill to establish Bitcoin-backed bonds
The tokenised bonds are planned to be denominated in US dollars, have a maturity of 10 years, and carry an annual interest rate of 6.5 percent
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Web3 accelerator Beacons winds up its first cohort
With 13 graduating companies from over 1000 applications, the program witnessed some interesting Web3 projects being selected from the cohort
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Metaverse opens up new opportunities for companies: CEO of Virtual Brand Group
In the Metaverse, companies have the chance to reach new audiences, generate new sources of income, and introduce new products and styles
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Fight for the Future writes to the new US Congress to protect privacy
The letter states that the creative power and freedom of software developers in the US is being limited by poorly thought-out laws and regulations
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Stablecoins are the gateway to CBDC: UK MP Andrew Griffith
Griffith justified the actions being taken on wholesale stablecoin development by saying that stablecoins already exist and need to be addressed promptly