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

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

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.

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Trade Crypto Africa – tradecryptoafrica.com

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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Argentine Soccer Club Uses Cryptocurrency to Sign Local Player

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

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

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…

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Magic Eden NFT Marketplace Announces Web3 Gaming Investment of $130 Million

Magic Eden has announced an investment in Web3 Gaming, a gaming platform built on the Ethereum blockchain, allowing developers to create games that use smart contracts to control game assets and gameplay.

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Malaysia is not worried about the state of cryptocurrencies

The crypto space has not been doing well lately. Many well-known currencies like BTC and ETH are still falling like crazy, but according to the young Malaysian investors, the situation is not a cause for concern and they continue to invest as if nothing has changed. Malaysian crypto trading remains strong Anthony Pang, for example,…

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Crypto Giant Coinbase To Strengthen Its Presence In Europe, Plans To Expand In France And Three Other Countries

Coinbase, the leading US-based cryptocurrency exchange, is looking to increase growth outside of the US as the company plans to expand its services to four European countries. In a new company blog post, the cryptocurrency exchange says it is stepping up its expansion efforts by venturing into France, Italy, Spain, and the Netherlands after gaining…