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Showing posts from June, 2021

Kazakhstan Introduces Surcharge for Electricity Used by Crypto Miners

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https://krakow3d.com/wp-content/uploads/2021/07/kazakhstan-introduces-surcharge-for-electricity-used-by-crypto-miners.jpg Cryptocurrency miners in Kazakhstan will pay more than other consumers for the electricity they use to mint digital coins. The country’s president has signed a law that imposes an additional fee for the power utilized by the energy intensive industry. Coin Miners in Kazakhstan to Pay Extra Fee per Kilowatt-hour of Electricity Crypto mining entities in Kazakhstan are going to pay a surcharge for the electrical energy they burn. President Kassym-Jomart Tokayev has signed a new law this week amending the Central Asian republic’s legislation “on taxes and other obligatory payments to the budget.” The bill, which was voted by the Senate earlier in June, introduces a new fee of 1 Kazakhstani tenge (approx. $0.0023) per kilowatt-hour used by cryptocurrency miners. The new electricity rate will be imposed starting from Jan. 1, 2022, Forklog reported . Authorities in Nur-Sul

Coinbase to Launch Apple-Like Crypto App Store

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https://krakow3d.com/wp-content/uploads/2021/06/coinbase-to-launch-apple-like-crypto-app-store.jpg Cryptocurrency exchange Coinbase has unveiled its plan to build “the crypto app store,” inspired by how Apple Inc. built its app store. CEO Brian Armstrong said: “Apple didn’t attempt to build every app for the iPhone, it empowered developers and gave mobile users an easy way to access new innovative apps.” In a blog post published on Tuesday, Coinbase CEO Brian Armstrong detailed several opportunities in the crypto space the Nasdaq-listed company is pursuing. One of them was to “Build the crypto app store.” The CEO detailed, “Like the internet, or the mobile app stores, we’re seeing developers rush into the space to use these new tools to develop innovative use cases that we couldn’t have imagined before,” adding: Apple didn’t attempt to build every app for the iPhone, it empowered developers and gave mobile users an easy way to access new innovative apps … We’ll work to give our users e

Spotify jumps on report it's considering push into live events

http://img.youtube.com/vi/Y2nMhPqEHZU/0.jpg https://www.youtube.com/watch?v=Y2nMhPqEHZU CNBC's Julia Boorstin explains a report that Spotify is considering a push into a live events, which sent the stock higher. Origina post from https://krakow3d.com/videos/spotify-jumps-on-report-its-considering-push-into-live-events.html

Bay Crest's Krinsky on why cyclicals are still a good bet

http://img.youtube.com/vi/dNUrm_13ulo/0.jpg https://www.youtube.com/watch?v=dNUrm_13ulo Jonathan Krinsky, Bay Crest chief market technician, joins "Halftime Report" to discuss why he says cyclicals are 'bent, not broken.' Origina post from https://krakow3d.com/videos/bay-crests-krinsky-on-why-cyclicals-are-still-a-good-bet.html

Buffett & Munger: A Wealth of Wisdom

http://img.youtube.com/vi/rQJWHocG-50/0.jpg https://www.youtube.com/watch?v=rQJWHocG-50 Warren Buffett and Charlie Munger join Becky Quick to discuss their six decade friendship, sharing how they navigate the business world and why Berkshire Hathaway is different from its peers. Origina post from https://krakow3d.com/videos/buffett-munger-a-wealth-of-wisdom.html

British Bank Natwest Imposes Daily Limit on Transfers to Cryptocurrency Exchanges Over Fraud Concerns

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https://static.news.bitcoin.com/wp-content/uploads/2021/06/natwest-768x432.jpg A major British bank, Natwest, has put a limit on fund transfers to cryptocurrency exchanges over concerns of fraud and scams related to cryptocurrencies. The bank is also blocking payments to a number of cryptocurrency asset firms. Natwest says the two moves are necessary to protect customers. Natwest Places Limit on Transfers to Crypto Exchanges National Westminster Bank, commonly known as Natwest, is a major retail and commercial bank in the United Kingdom. A spokesperson for the bank told Reuters Tuesday that the bank has capped the daily amount customers can send to cryptocurrency exchanges due to concerns over investment scams and fraud. “We have seen a high level of cryptocurrency investment scams targeting our customers across retail and business banking, particularly through social media sites,” the spokesperson said, elaborating: To protect our customers from the criminals exploiting these platform

Selling Social Media Posts for $1.5 Million? Blockchain-Certified Tweet Sales Spark NFT Controversy

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https://i0.wp.com/krakow3d.com/wp-content/uploads/2021/03/selling-social-media-posts-for-1-5-million-blockchain-certified-tweet-sales-spark-nft-controversy.jpg?fit=768%2C432&ssl=1 The cryptocurrency community is in a tizzy this weekend after the founder of Twitter, Jack Dorsey, tweeted about a new application that allows people to purchase tweets with ethereum. The application is called Valuables and it allows individuals to purchase a digital certificate of the tweet, which is signed and verified by the tweet’s creator. Tokenized Tweets for Sale Tokenization and non-fungible token (NFT) asset industry have swelled during the last six months and a great number of artists, celebrities, and social luminaries have jumped on the bandwagon. There have been 5,368,992 NFT sales equating to $381 million in sales to-date since nonfungible.com started tallying up the market history. Now a project called Valuables or the Web3 compatible web portal v.cent.co is attempting to make tweets valuab

FTX Partners With Tom Brady and Gisele Bündchen in Long Term Deal

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https://static.news.bitcoin.com/wp-content/uploads/2021/06/ftx-partners-with-tom-brady-and-gisele-bundchen-in-long-term-deal-768x432.jpg FTX Trading Limited has announced the company has partnered with seven-time Super Bowl Champion Tom Brady and Brazilian model Gisele Bündchen in a long-term deal. Both celebrities will have an equity stake in FTX and receive payments in crypto, the announcement explains. The NFL star Brady will serve as the ambassador for FTX, while the activist Bündchen will fill the role of FTX’s environmental and social initiatives advisor. NFL Star Tom Brady and Brazilian Model Gisele Bündchen Join FTX FTX continues to enter the realm of mainstream sports and celebrity partnerships and in 2021, the company has made numerous partnerships and acquisitions. For example, FTX was able to purchase the naming rights to the NBA’s Miami Heat arena, and the company also just partnered with MLB . The announcement on Tuesday is considered a historic deal made by West Realm S

Deutsche Börse Group Acquires Major Stake in Swiss Firm Crypto Finance AG

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https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1277839819-768x432.jpg On Tuesday, Deutsche Börse Group, marketplace manager for the trading of shares and other securities, explained the company has acquired a major stake in Crypto Finance AG. The move adds to Deutsche Börse’s extension into the cryptocurrency industry in order to provide custody solutions and a “direct entry point for investments.” Deutsche Börse Group to Expand Further Into Digital Currency Ecosystem Deutsche Börse Group’s latest announcement explains that the company wants to build a trusted and regulated cryptocurrency ecosystem in Europe. The financial institution that rakes in €2.936 billion ($3.5 billion) in revenue annually explained it has obtained a majority stake in Crypto Finance AG . The Switzerland-based Crypto Finance AG is a digital currency-focused finance organization that offers the storage, investment, and trading of crypto assets to professional clients. As a member of Deuts

The American Comeback: Provincetown, Massachusetts

http://img.youtube.com/vi/y26ZI2YXUp0/0.jpg https://www.youtube.com/watch?v=y26ZI2YXUp0 CNBC's Andrea Day reports on business owners in Provincetown, Massachusetts and how they struggled to survive during the pandemic. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast Connect with CNBC

Myriad Proof-of-Work Blockchains See Significant Hashrate Losses

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https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1107241064-768x432.jpg While there’s been a lot of concentration on bitcoin mining crackdowns in China and Bitcoin’s recent hashrate loss on Monday, many other digital assets have seen hashrates drop significantly as well. Some of the largest digital currencies, in terms of market valuation, lost considerable dedicated hashpower over the last few days. PoW Chains Feel the Wrath of the Great ASIC and GPU Exodus Lots of crypto advocates have been focused on China and Bitcoin’s ( BTC ) hashrate losing a large percentage of hashpower. Data shows on Monday, June 28, that BTC ’s hashrate did drop considerably, but intraday statistics are not as reliable as they will be in five to seven days. Bitcoin Cash hashrate on June 28, 2021. Estimates show BTC ’s intraday hashrate drop was over 35% but this metric may be recorded differently by the end of next week. There’s been a huge focus on the BTC chain’s hashrate, but no on

Stimulus stalls on Senate floor

https://i2.wp.com/krakow3d.com/wp-content/uploads/2021/03/stimulus-stalls-on-senate-floor.jpg?fit=480%2C360&ssl=1 https://www.youtube.com/watch?v=RTG0MY0vmNQ CNBC's Ylan Mui joins 'The News with Shepard Smith' to report on the Covid relief package, which seems to be stalled in the Senate. Origina post from https://krakow3d.com/videos/stimulus-stalls-on-senate-floor.html

Mad Money’s Jim Cramer Moves From Bitcoin to Ethereum — Says ‘It’s More of a Currency’

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https://static.news.bitcoin.com/wp-content/uploads/2021/06/cramer-eth-768x432.jpg The host of the “Mad Money” show, Jim Cramer, has bought ether after dumping almost all of his bitcoin. “I like ethereum because people actually use it much more to be able to buy things,” he said, emphasizing that “It’s more of a currency.” Jim Cramer Prefers Ethereum to Bitcoin Jim Cramer was asked about his updated view on bitcoin Monday on CNBC after he sold almost all of his BTC last week. A former hedge fund manager, Cramer co-founded Thestreet.com, a financial news and literacy website. The Mad Money host said last week that he would buy bitcoin again if its price falls to the $10K level. However, the cryptocurrency did not fall much further than the $30K level Cramer appeared to have sold at before bouncing back. At the time of writing, the price of bitcoin stands at $34,370 based on data from krakow3d.com Markets . “I went back into ethereum” because bitcoin held at the $30,000 level, Cramer sa

Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit

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https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_470757578-768x432.jpg The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price Collapses A Polygon (MATIC) blockchain-based stablecoin called safedollar (SDO) has lost all of its value, according to crypto market aggregation sites and even the official website safedollar.fi . The website shows the price per SDO is zero and members of the algorithmic defi stablecoin community got wind of an attack via the project’s official Telegram channel. “Safedollar has been under attack,” the Safedollar administrator’s pinned statement to the Telegram channel notes. “We have paused activities on safedollar and [are] investigating the matter. Important: Please stop all trading related to $SDO. We

U.S. job growth surges last month, but road to recovery remains long

https://i0.wp.com/krakow3d.com/wp-content/uploads/2021/03/u-s-job-growth-surges-last-month-but-road-to-recovery-remains-long.jpg?fit=480%2C360&ssl=1 https://www.youtube.com/watch?v=5EnoyJ0hzqo Closing Bell co-anchor Sara Eisen reports we are seeing hiring spike in leisure and hospitality companies, health care and retail sectors. But the recovery is all but equitable with low income areas hit the hardest by the pandemic and still struggling to meet ends. She joins 'The News with Shepard Smith' to discuss. Origina post from https://krakow3d.com/videos/u-s-job-growth-surges-last-month-but-road-to-recovery-remains-long.html

Vice President Kamala Harris tours facilities along southern border

http://img.youtube.com/vi/y5Opz94BoQs/0.jpg https://www.youtube.com/watch?v=y5Opz94BoQs NBC's Jacob Soboroff joins 'The News with Shepard Smith' to discuss Kamala Harris visit to the southern border, to the place where the family separation policy began under the Trump administration. Origina post from https://krakow3d.com/videos/vice-president-kamala-harris-tours-facilities-along-southern-border.html

Bank of Tanzania Hints at Possible Crypto Ban Reversal as Spokesman Confirms Bank Is ‘Working on the Directives Given’

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https://static.news.bitcoin.com/wp-content/uploads/2021/06/tanzania-768x432.jpg In a hint that Tanzania might soon reverse its 2019 crypto ban, an unnamed spokesperson of the Bank of Tanzania (BOT) recently suggested the apex bank is “working on the directives given.” The remarks by the spokesperson follow Tanzanian President Samia Suluhu Hassan’s call on the country’s finance chiefs to prepare for cryptocurrencies. BOT Move Commended In a speech delivered shortly after El Salvador made bitcoin legal, President Hassan pointed to the inevitability of cryptocurrencies. However, as one report explains, the central bank spokesperson did not reveal whether or not the BOT is planning to adopt existing cryptocurrencies such as bitcoin or if it wants to issue its own digital currency. Still, even with this lack of clarity, some members of Tanzania’s blockchain and crypto community have welcomed the reports. For instance, Abdulmajid Nsekela, the chairman of the Tanzania Bankers Association co

Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money Markets

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https://static.news.bitcoin.com/wp-content/uploads/2021/06/t-768x432.jpg Boston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins is concerning. Rosengren: ‘We Should Be a Bit Concerned About Stablecoin Markets Growing Very Rapidly’ Members of the Federal Reserve are quite aware of stablecoins and the massive market these pegged-assets have created. Today statistics show there’s $111 billion in stablecoin capitalization amongst the long list of these types of tokens. Out of all that money, on Sunday, June 27, there’s $63 billion in reported stablecoin trade volume out of the $96 billion in crypto swaps recorded globally. Boston Fed president Eric Rosengren has noticed the growth and the banker thinks it could pose a problem to short-term money markets. The chart above is

Ontario Crackdown on Crypto Exchanges Continues With Binance Leaving the Province

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https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1305136699-768x432.jpg Cryptocurrency exchange Binance will no longer provide services in the Canadian province of Ontario. The decision comes amid ongoing regulatory pressure on digital asset trading platforms that has already affected the operations of several exchanges. Crypto Exchange Binance Exits Canada’s Ontario Binance, which is one of the world’s leading cryptocurrency exchanges by daily volume, has updated customers on a change that concerns crypto traders in Ontario. The Canadian province is now a restricted jurisdiction, the company announced this week. In a press release, Binance explains the move is part of its continuing compliance efforts. “Binance has updated its Terms of Use to provide that Ontario (Canada) has become a restricted jurisdiction, effective 2021-06-26 at 3:59:59 AM (UTC),” the exchange said, adding: Regrettably, Binance can no longer continue to service Ontario-based users… We apol

Miami-Dade mayor on maintaining hope during search effort

http://img.youtube.com/vi/Sqfx25afPhg/0.jpg https://www.youtube.com/watch?v=Sqfx25afPhg Daniella Levine Cava, the mayor of Miami-Dade, discusses the importance of maintaining hope following the disastrous building collapse in South Florida. Origina post from https://krakow3d.com/videos/miami-dade-mayor-on-maintaining-hope-during-search-effort.html

Six Dr. Seuss books pulled for racist and insensitive imagery

https://i2.wp.com/krakow3d.com/wp-content/uploads/2021/03/six-dr-seuss-books-pulled-for-racist-and-insensitive-imagery.jpg?fit=480%2C360&ssl=1 https://www.youtube.com/watch?v=dqBJYN8O2EE The National Education Association announced it will no longer publish six Dr. Seuss books due to enforcing racist imagery depicting Blacks and Asians. CNBC's Scott Cohn joins 'The News with Shepard Smith' to report. Origina post from https://krakow3d.com/videos/six-dr-seuss-books-pulled-for-racist-and-insensitive-imagery.html

Iran Counts 30 Crypto Mining Farms Licensed to Mint Digital Currencies

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https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1661174776-768x432.jpg Iranian authorities have so far authorized 30 facilities for cryptocurrency mining. The crypto mining farms are spread across several regions, including Tehran Province. The government has put out the data amid a crackdown on illegal miners in the country. A Third of Authorized Mining Farms Are Based in Two Provinces The Iranian Ministry of Industries, Mining, and Trade has issued licenses to 30 cryptocurrency mining centers, the Financial Tribune revealed this week, quoting official figures published on the department’s website. One of these mining farms is based in Tehran Province where the nation’s capital is situated. Semnan Province, the administrative region to the east of Tehran, is home to the largest number of licensed facilities, with six crypto farms. Alborz Province is next with four, followed by Mazandaran, East Azerbaijan, and Zanjan provinces. The ministry has also issued 2,57

Blockchain Surveillance Firm Chainalysis Raises $100 Million, Company’s Valuation Now $4.2 Billion

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https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_103077383-768x432.jpg The blockchain intelligence and surveillance firm Chainalysis announced the company has raised $100 million in Series E funding from investors such as Coatue, Benchmark, Accel, Addition, Dragoneer, Sequoia Heritage, and SVB Capital. The financing brings the company’s valuation to $4.2 billion and it aims to expand its resources and deepen data to cover more cryptocurrencies and focus on use cases like decentralized finance (defi). Chainalysis Raises $100 Million, Blockchain Intelligence Firm’s Valuation Now Over $4 Billion The blockchain Satoshi designed is a transparent ledger and transactions can be traced all the way back to the genesis block. This doesn’t necessarily mean, however, that a person can pinpoint with accuracy the identity of the individual or organization behind a cryptocurrency transaction. Nevertheless, this data does help an investigator get closer to that answer. In Bitco

Cryptocurrency Firms Face a Talent Shortage as the Space Grows Crowded

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https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_642376396-768x432.jpg Cryptocurrency companies and exchanges are currently facing significant hurdles when recruiting talent. This is because the crypto space is growing at an alarming rate. Traditional finance companies entering the scene seem to be making the talent squeeze even more dire. There are hundreds of positions available at cryptocurrency-based companies waiting to be filled. The Crypto Talent Squeeze Is Real Cryptocurrency companies are struggling to get adequate talent for thousands of available job openings, and companies are fighting for the attention of potential employees left and right. Binance, one of the biggest exchanges in the world, is not out of this equation. There are more than 300 spots available at the booming exchange, but there are few people to fill them. What’s even worse, exchanges and startups are now fighting with banking institutions entering the space for access to this talent.

Surfside mayor Charles Burkett on condo collapse as search for survivors continues

http://img.youtube.com/vi/HonkMnRDV5Y/0.jpg https://www.youtube.com/watch?v=HonkMnRDV5Y Surfside Mayor Charles Burkett joins 'The News with Shepard Smith' to discuss the condo collapse in South Florida as the search for survivors continues. Burkett says the smoke is probably not safe for people to be around but acknowledges the necessity for the search to continue. Origina post from https://krakow3d.com/videos/surfside-mayor-charles-burkett-on-condo-collapse-as-search-for-survivors-continues.html

$2 Billion Merger: Bitcoin Miner Cipher Going Public Backed by Fidelity and Morgan Stanley

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https://i0.wp.com/krakow3d.com/wp-content/uploads/2021/03/2-billion-merger-bitcoin-miner-cipher-going-public-backed-by-fidelity-and-morgan-stanley.jpg?fit=768%2C432&ssl=1 Cipher Mining, a bitcoin mining operation of Bitfury, has announced that it is going public via a merger with a special purpose acquisition company (SPAC). The deal values the combined company at $2 billion, with funding from investors such as Morgan Stanley and Fidelity. Cipher Mining Technologies Inc., a newly formed U.S.-based bitcoin mining operation of Bitfury, announced Friday it will go public through a merger with Good Works Acquisition Corp. (Nasdaq: GWAC). The transaction is expected to close in the second quarter. According to Cipher Mining, the deal values the combined company at $2 billion and “will provide the merged entity with gross cash proceeds of $595 million, which includes $425 million from investors including Fidelity Management & Research Company and Morgan Stanley’s Counterpoint Global,

First Bitcoin ETF in Latam Debuts on Brazil Stock Exchange

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https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_758500030-768x432.jpg The first Bitcoin ETF in Latin America made its debut yesterday on the Brazil Stock Exchange. Presented by QR Capital, a Brazilian blockchain investment firm, the ETF seeks to simplify Bitcoin exposure for institutions and companies. The ETF was approved by Brazilian regulators and is currently trading with the QBTC11 ticker. Bitcoin ETF Makes It in Brazil The first Bitcoin ETF initiative in Latam is already listed on the Brazilian stock exchange. Conceived by QR Capital, a blockchain investment firm and asset manager, its objective is to simplify Bitcoin access for institutions. This Bitcoin ETF product got its approval last March from the Brazil Securities and Exchange Commission. According to QR Capital CEO Fernando Carvalho, their product is pioneering how companies approach cryptocurrency investments in Brazil. Carvalho stated: We can see the market maturing in its search for safer

Citigroup Launches Digital Assets Group to Provide Clients Access to Cryptocurrencies

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https://static.news.bitcoin.com/wp-content/uploads/2021/06/citi-768x432.jpg Citigroup has reportedly set up a “digital assets group” to offer clients access to cryptocurrencies, which will operate within the bank’s wealth management division. Citigroup has established a “digital assets group” within its wealth management unit, according to a memo to staff seen by Bloomberg. Iain Armitage, global head of capital markets for Citi Private Bank, and Rob Jasminski, who oversees the bank’s investment management arm globally, said in the memo that the new digital assets group will be led by Alex Kriete and Greg Girasole, the publication conveyed. They will serve as liaisons to “all other business groups at Citi who are expanding into this rapidly emerging space also,” the memo says. In addition: They will be responsible for developing our future product capabilities, client delivery mechanisms and thought leadership around all digital assets. The memo further explains that Citigroup plans to

New Visa Card Allows Bakkt Users to Spend Bitcoin in Stores and Online

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https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1109991542-768x432.jpg Customers using the Bakkt app can now apply for a debit card which will enable them to pay with bitcoin at merchants that don’t currently take crypto. The virtual Visa card can be added to Apple Pay or Google Pay to purchase items at thousands of retailers supporting the mobile payment systems. Bakkt Card Can Be Linked to Apple Pay and Google Pay This year’s all-time highs convinced many to invest in cryptocurrencies but digital assets still have a lot of ground to cover to achieve wide adoption in everyday payments. Debit cards issued by crypto companies bridge the gap between bitcoin and merchants that are yet to start accepting digital coins. Now there is a new offering in the market. Crypto marketplace Bakkt has launched a debit Visa card that “will maximize users’ ability to spend digital assets.” The card allows Bakkt customers to use their bitcoin ( BTC ) and fiat cash (USD) balances

Eyewitness Nicholas Balboa describes Fla. building collapse

http://img.youtube.com/vi/NEQxdH0Gr5M/0.jpg https://www.youtube.com/watch?v=NEQxdH0Gr5M Eyewitness to the building collapse in Surfside, Florida, Nicholas Balboa, talks to Shep Smith about what he heard and what he saw when the collapse happened. Origina post from https://krakow3d.com/videos/eyewitness-nicholas-balboa-describes-fla-building-collapse.html

Galileo Exchange Presents the GLT Token and Introduces ‘Zero Edge’ Trading

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https://i0.wp.com/krakow3d.com/wp-content/uploads/2021/03/galileo-exchange-presents-the-glt-token-and-introduces-zero-edge-trading.jpg?fit=768%2C432&ssl=1 Galileo Exchange is an innovative ‘hybrid’ trading platform built with elements of a crypto exchange, a DeFi project, and a gaming platform. It combines these essential elements to bring trustworthiness, innovation, value and entertainment. Among the most interesting features it introduces are the Gelt (GLT) token and ‘Zero Edge’ trading. Zero Fees, Zero Spread, Zero Commissions Galileo Exchange is a breakthrough in trader engagement, fun, and profitability. The platform is designed for leveling the playing field by removing all frictions to trading, offering excellent user experience, super-fast action, high-profit potential, and generous incentives. It is powered by the GLT token, guaranteed to return 100% of funds wagered back to its users. The Galileo platform has elements of a Crypto exchange, a DeFi project, and a Gaming pl