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0 CommentsMeta, ex-Facebook, on Wednesday announced its decision to reverse its long-standing policy that prevented most cryptocurrency companies from running ads on its services. The company’s new policy is huge for the crypto industry and will allow more retail investors to access cryptocurrencies than ever before. Citing greater government oversight and a more mature market for…
A few days after Jack Dorsey’s resignation as Twitter CEO, payments giant Square announced changing its name to Block Inc., the company said in a statement. Jack Dorsey’s Bitcoin funding initiative Square Crypto has rebranded to Spiral and is aimed to focus on “making Bitcoin the planet’s preferred currency.” The corporate rebrand, announced in a…
We must again turn our attention to Facebook’s cryptocurrency ambitions and the actions of American regulators – there has recently been a surprising turn in the events of the case. Facebook has announced the launch of its own crypto wallet, Novi. It is a colossal payment network that uses the Pax Dollar (USDP) stablecoin as…
Over the weekend, a DeFi token with the same name as the new ‘Omicron’ Covid-19 variant surged 1,100%. OMIC hit an all-time high on Monday of $689, according to CoinGecko, but loses about 75% value overnight. The buzz over the latest Covid-19 variant, Omicron, is not over, but the euphoria over the token named after…
Dubai-based crypto rating platform Evai.io announced that its EvaiStableFund saw $1 million worth in tokens staked into the new fund within 24 hours of going live. Launched on November 22, the new EvaiStableFund, gives investors the opportunity to yield a fixed 15% APY with an additional 10% per annum bonus. In addition, the fund does…
The Deputy Governor of the Bank of England has recently called cryptocurrencies a “threat” requiring “urgent action” to address it. It is not the first sign that the UK may become a firm outpost for crypto-skeptics. Jon Cunliffe, the Deputy Governor of the Bank of England, claimed that cryptocurrencies pose threats to the entire financial…
