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Why did the US Treasury sanction the Tornado Cash cryptocurrency exchange?

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According to a press release, the U.S. Treasury Department announced sanctions against Tornado Cash, a decentralized exchange (DEX). The institution has added the tornado.cash website, associated entities, and various Ethereum-based addresses to its Office of Foreign Assets Control (OFAC) list of Specially Designated Citizens and Blocked Persons (SDN). There are around 40 ETH addresses on…

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Coca-Cola NFTs: The Company Launched NFT Collectibles on Polygon

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Coca-Cola NFTs are here. The company is launching a series of NFT collectibles on top of the Polygon network. According to a recent press release, Coca-Cola wants to thank fans that have been part of the brand’s journey into the Metaverse. These Coca-Cola NFTs have been released on the occasion of International Friendship Day 2022.

Do all paths lead to a short-term drop in Bitcoin price?

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Watching certain indicators gives an indication of a possible Bitcoin price drop. Bitcoin (BTC) price hovers around the $23,000 range as high volatility has engulfed the cryptocurrency in recent days. After opening the week well above the $24,000 mark, Bitcoin is now trading in the $23,000 range. Meanwhile, recent trading activity by short-term investors indicates…

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Trade Crypto Africa – tradecryptoafrica.com

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Trade Crypto Africa is managed by a group of proffesional traders who know exactly what it takes to earn the most from each investment. We minimize risk by diversifing in multiple areas such as Crypto Mining, Crypto Trade, and innovative commericial businesses; and are constantly pushing to acheive greater results with each successful return. Now…

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Mastercard Sees Crypto More As An Asset Class Than A Payment Method

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Mastercard views cryptocurrency more as an asset class than a means of payment, according to the payments giant’s chief financial officer. Mastercard’s encryption strategy “has been quite successful as long as encryption environments have existed,” he added. Mastercard CFO on Cryptocurrency as an Asset Class vs. Mastercard Chief Financial Officer (CFO) Sachin Mehra shared his…

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Argentine Soccer Club Uses Cryptocurrency to Sign Local Player

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Argentina has been national news with the latest signing of a local soccer player with cryptocurrency. São Paulo is one of the biggest soccer teams in Brazil and they just bought a player with cryptocurrencies. São Paulo, with the help of USDC, a stablecoin pegged to the US dollar, signed the player from the Argentine…

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Central Bank of Uruguay calls on Binance for its savings-focused cryptocurrency products

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The Central Bank of Uruguay made a call to Binance, one of the largest exchanges in the world, due to the series of cryptocurrency-based savings products they are offering in the country. These savings products, according to the bank, can only be made through verified banking institutions or companies that issue shares on the national…

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Tether condemns ‘false information’ and denies holding any Chinese trading paper in new statement

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Stablecoin issuer Tether wants to debunk rumors that they hold Chinese commercial paper as backing for (USDT) In a new statement from the company, Tether says it does not hold any Chinese paper and such “false information” is a threat to the industry. The company also says it plans to reduce its total commercial paper…

Chipotle to donate $200,000 in crypto through ‘Buy The Dip’ game

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Chipotle has released a limited-time market simulation game ‘Buy the Dip’ that will donate $200K in cryptocurrency. Chipotle Mexican Grill celebrates National Avocado Day on July 31st and through this new game called ‘Buy the Dip,’ offers players the opportunity to win thousands of dollars in cryptocurrency.This game will also offer participants the opportunity to…