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Bitcoin mining firm Marathon Digital has paid off its term loan and terminated its credit facilities with crypto-friendly Silvergate Bank, just as the bank announced it will be winding down operations.Marathon announced on Mar. 8 that it had prepaid its outstanding loan balance earlier that day, and would be terminating
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Marathon said that on March 8, the term loan prepayment was completed, and the company’s credit facilities with Silvergate Bank were terminated, reducing its debt by $50 million, according to a statement. The debt paydown also increased its unrestricted bitcoin holdings by 3,132 as the bitcoin that was being held
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The United States Commodity Futures Trading Commission, or CFTC, was a part of discussions on a regulatory framework for digital assets as well as use cases for blockchain technology.In a March 8 meeting of the CFTC’s Market Risk Advisory Committee, commissioners, regulators, and industry representatives were scheduled to discuss “critical
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Still, the fact remains that too many people, both men and women, do not have access to the internet and the digital devices they need to benefit from a digitizing economy. Women, particularly in developing countries, may not have the same level of access to digital devices and the internet
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Chinese super app WeChat is the second multipurpose social media platform in the country, after Alipay, to integrate digital yuan payments. WeChat has integrated the digital yuan into its platform to facilitate faster and more seamless user payments. The move by the leading Chinese social networking and payment app also
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The regulatory body raised concerns that there is no proof that the transaction complies with US Securities law. A federal bankruptcy judge in the US, Michael Wiles, has given Voyager Digital the go-ahead with its modified restructuring plans, which include Binance.US buying its assets. The crypto exchange emerged as the
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Today, Wednesday 8 March, the Data Protection and Digital Information (DPDI) Bill is due to be re-introduced to Parliament. The ICO has issued the following statement and a full press release from the Department of Science, Innovation and
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Getty Images is gearing up to launch new photography NFTs to individual collectors. Through its partnership with Candy Digital, the visual content creator, Getty Images, will turn photographs from its 1970s music and culture collection into NFTs. The new collection follows a partnership forged between Getty Images (NYSE: GETY) and
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WeChat, China’s leading social networking and payment app, has added the country’s central bank digital currency (CBDC), to its payment services, according to reports in local media. The move aims to help broaden the appeal of the digital yuan.WeChat now supports the fast payment function of the digital yuan wallet,
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WeChat has joined the growing list of Chinese platforms supporting the country’s central bank digital currency (CBDC), the digital yuan (e-CNY). The move is expected to boost digital yan adoption in the country. WeChat, a Chinese social media, instant messaging and payments solution from the stables of Tencent, has integrated the
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