Category: Latest news
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Over 20 crypto firms plan to establish presence in the city: Hong Kong authorities
[ad_1] Hong Kong’s Secretary for Financial Services and the Treasury Christopher Hui said that over 80 virtual asset-related businesses had expressed interest in establishing their presence in the city as of the end of February. Hui added that 23 crypto businesses have already indicated they “plan to establish their presence in Hong Kong.” In a…
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The Fed has capitulated – daily swap lines introduced as Bitcoin feeds off liquidity
[ad_1] Quick Take The fed and five central banks have just announced to enhance liquidity via USD swap lines. The other five central banks are the Bank of England, the Bank of Canada, the European Central bank, the Swiss National Bank, and the Bank of Japan. Swap line operations with the fed will now be…
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Flagstar Bank acquires Signature Bank – without $4B of ‘digital banking’ deposits
[ad_1] Flagstar Bank — a subsidiary of New York Community Bancorp, Inc. — will acquire Signature Bank, as per a press release sent out by the Federal Deposit Insurance Corporation (FDIC) on March 19. Signature was up for sale and being auctioned by the FDIC — with the caveat that any buyer would be forced…
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DefiLlama website splits as one founder pushes for crypto token launch
[ad_1] DefiLllama, a decentralized finance data site, is disputing its leadership as a single team member has attempted to launch a token without wider approval. Two “llama” sites now exist DefiLlama was originally launched circa October 2020 at defillama.com. Now, a nearly identical site has been launched at llama.fi. 0xngmi, one member of the DefiLlama…
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Bitcoin hits $28,000, as UBS buys Credit Suisse for $3.2B
[ad_1] The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $28,119.24 and BTC market dominance is %. The price of Ethereum is $1,819.91 and ETH market dominance is %. The best performing cryptoasset sector is Manufacturing, which gained 43%. [ad_2] Source link
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UBS completes Credit Suisse deal for $2B following offer from Justin Sun
[ad_1] Justin Sun is the Ambassador and Permanent Representative of Grenada to the WTO, Founder of TRON, one of the world’s largest blockchain DAO ecosystems, and Advisor to Huobi Global, one of the world’s largest crypto exchanges. More about Justin Sun Info LinkedIn Twitter [ad_2] Source link
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Snoop Dogg’s Shiller sets sights on transforming the creator economy in the Web3 era – SlateCast #55
[ad_1] In a recent episode of SlateCast, Akiba from CryptoSlate engaged in a conversation with Fitzy, a key player at Shiller.io, about the ever-changing creator economy within the Web 3 era. Shiller has set its sights on transforming the social and streaming realms by seamlessly blending Web 3 functionalities into the content creation and consumption…
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Bitcoin shines through banking failures, bailouts
[ad_1] Macro Highlights U.S inflation is too high for rate relief but mostly in line with expectations ECB raised a further 50bps taking their deposit facility rate to 3% Silicon Valley Bank files for chapter 11 bankruptcy Credit Suisse and First Republic Bank continue to be provided with liquidity Fed initiated stealth QE as balance sheet…
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NFT market manipulation? CryptoSlam claims suspicious activity on Blur
[ad_1] Despite its recent success, the journey for Blur to become the biggest NFT marketplace is far from over, and evaluating its current and future success is a complex matter. NFT marketplaces are currently embroiled in fierce competition for customers, with companies lowering their fees and royalties to entice and keep users. This competition has…
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ChatGPT says real-time data from web3, dePIN sources would optimize its potential
[ad_1] The AI language model by OpenAI says it has no news beyond its training data cutoff of September 2021 ChatGPT said it would benefit from Web3 rewards with access to “vast amounts of data.” Dr. Xinxin Fan says pulling real-time data, such as weather, stock prices, and breaking news, would revolutionize the AI language…