[The Hill] Local community members are wary. Story at a glance The Senagalese American singer Akon has proposed a $6 billion project to build a futuristic city. The site is in the middle of Ngueniene, a municipality containing several villages in Senegal. Several local leaders have expressed uncertainty over the […]
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[Business Insider, Getty Images] Coinbase, Kraken, and other cryptocurrency exchanges are pushing back against a US Treasury Dept. proposal that would require them to log personal details about the people who use cryptocurrency. Under the proposal, crypto companies would have to record and report crypto transactions above $10,000, just as […]
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[Bloomberg, Getty Images] Treasury, SEC views seen looming large on 2021 crypto outlook Deutsche Bank survey found a majority of investors are bullish It’s been a tough year by all accounts. But for Bitcoin, 2020 has been a marvelous time. The cryptocurrency almost quadrupled, surpassing $20,000 for the first time […]
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[CNBC] U.S. stock futures stood little changed in early morning trading on Wednesday, largely recovering from earlier declines after President Donald Trump expressed concerns about the new Covid-19 relief package which could delay the deployment of funds to struggling Americans. Dow futures were 5 points higher. S&P 500 futures and […]
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[Decrypt, Shutterstock] XRP’s price fell by 8% today, just hours after the Flare Network worked out which addresses it shall credit with free Spark tokens. The price of XRP, the third-largest cryptocurrency by market cap, has crashed following a huge airdrop that will credit all XRP holders who hold funds in participating exchanges and wallets with free cryptocurrency. […]
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[MarketWatch] The 651 billionaires in the U.S. have seen their collective wealth grow by more than $1 trillion over the past nine months “The rich get richer” doesn’t even begin to truly capture what’s been happening across the United States during the coronavirus pandemic. According to Americans for Tax Fairness […]
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[Forbes, Getty Images] Bitcoin, the world’s biggest and best-known cryptocurrency, uses complex mathematical equations to secure its supply and transactions. Last year, Google sent shock waves through the internet when it announced it had built a quantum computer able to solve formerly impossible mathematical calculations—with some fearing bitcoin could be at […]
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[Forbes, Bloomberg] Credit card giant Visa today announced it is connecting its global payments network of 60 million merchants to the U.S. Dollar Coin (USDC) developed by Circle Internet Financial on the ethereum blockchain. The digital currency is now valued at $2.9 billion. While Visa itself won’t custody the digital […]
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[CNBC] What does it take to not only have millions and millions of dollars in the bank, but to also be hugely admired by the public? For starters, there are some unique traits and characteristics you need to master. Some of the most important ones can be identified through high achievers who have actually made […]
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[CNBC, GETTY IMAGES] Ether passed the $600 level, a point it hasn’t reached since June 2018, and is up 350% year-to-date. Crypto investors said altcoins were tracking the momentum that has seen bitcoin surge recently. Bitcoin last week crossed the $18,000 threshold and is close to an all-time high. Bitcoin isn’t […]
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