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Visa powers one more crypto card amid ongoing antitrust charges

U.S. regulator's growing distrust in tech companies is not stopping them from extending their services into the crypto industry. As technology titans in the United States capture a larger part of their industries and beyond, regulators and governments have become increasingly concerned about their extensive power and influence. Indeed, Facebook, Twitter...

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Winklevoss’ Gemini exchange to count crypto taxes in real time

TaxBit’s tool will allow Gemini customers to increase their tax refund. American cryptocurrency exchange Gemini is partnering with tax compliance firm TaxBit to help its customers treport their crypto taxes with TaxBit’s Tax Center Suite solution.Tyler Winklevoss, CEO of Gemini exchange, said that TaxBit’s software will help reduce the “pain...

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Finance Redefined: The curious case of Harvest Finance, Oct. 21-28

Money Legos can be dangerous, especially when you focus on semantics. We were graced with one more typical “degen yield farm” popping in and out of relevance this week.Harvest Finance collected as much as $1 billion in total value locked before an “economic exploit” sent it tumbling down. Its value...

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Will they or won’t they? Central banks eye each other’s digital currency moves

Canada's central bank recognizes that CBDCs are a necessarily international issue. Canada doesn’t want any "surprises" regarding central bank digital currencies. In a recent interview with Reuters, Bank of Canada Governor Tiff Macklem doubled down on the country's contingency-plan approach to CBDCs, stressing that he sees no urgent need to...

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Visa’s foray into fintech provokes DoJ antitrust investigation

U.S. authorities want information from Bain & Company about Visa's Plaid acquisition. The U.S. Department of Justice, or DoJ, recently publicized an investigation into Visa's ongoing acquisition of fintech company Plaid.  "Today, the Department of Justice filed a petition in the U.S. District Court for the District of Massachusetts to enforce...

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This social media platform gives you the option to make your posts undeletable

The CEO of Minds thinks that others will follow suit. Alternative social media platform Minds is now letting users permanently save their content on the Arweave platform, which ensures that nobody can ever delete it once published.Minds users can choose to publish their content on the “permaweb” with no payment...

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The blockchain revolution is already here, say Alex and Don Tapscott

Tech evangelists Alex and Don Tapscott believe blockchain will “rewrite the economic power grid and the old social order.” According to tech evangelists Don and Alex Tapscott, blockchain technology will prove itself the most disruptive technology of the next decade.“We now have an Internet of value that can give us...

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This is the last major hurdle before Bitcoin price can target $20,000

$20,000 Bitcoin is back on the table if bulls clear this key resistance cluster. Bitcoin (BTC) price has been showing impressive strength in the previous weeks and today the price made a new 2020 high at $13,666.This momentum was made alongside weakness in the U.S. dollar and many analysts believe...

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Grayscale Survey: COVID-19 made Bitcoin more appealing to investors

The survey tended to support the view of Bitcoin as a "safe-haven" asset. A survey by Grayscale Investments indicates that the COVID-19 pandemic has increased investor appetite for Bitcoin (BTC).Source: Grayscale Investments.The firm surveyed 1,000 U.S. consumers between the ages of 25 and 64 that were involved in personal investments...

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