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The market is highly likely to see “second order effects” arising from the unraveling of FTX, as it emerges which counterparties have lent or interacted with either the exchange or its sister company, Alameda Research, and what those exact liabilities are, the note said. Original Source
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Ethereum extended its decline after the fed rate decision against the US Dollar. ETH tested the $1,500 support and is currently correcting
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Tencent, the Chinese technology and entertainment giant, announced the creation of its own metaverse-driven division. The division, named the extended reality unit, will be the one tasked with encompassing all metaverse-driven efforts, including hardware and software developments. According to reports, the company aims to employ over 300 in this unit,
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“Binance has had significant market share for quite some time already,” said Florian Giovannacci, head of trading at Covario, the Swiss based digital asset prime broker. “They are very reliable (technically), cover a large array of tokens and offer some of the best liquidity, which attracts volume.” Source
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Layer-2 Ethereum scaling solution Polygon has not produced a new block for over 11 hours, with developers attributing the issue to a technical upgrade on the network.On March 10 at 4:20 pm UTC, Polygon (MATIC) network developers notified users on the project’s forum that there would likely be downtime starting
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Under the comprehensive new investment and trading activity rules, senior Federal Reserve officials will be prohibited from the purchase of individual stocks, bonds, agency securities, foreign currencies, commodities, sector funds and cryptocurrencies. Original Source
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Crypto trading platform Coinbase was experiencing extended outages on Wednesday that were affecting access to its Coinbase and Coinbase Pro platforms as well as its credit card.On its status page Coinbase was reporting a major outage of its Coinbase credit card and partial outages of its website, mobile apps and
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Roku reported revenue of $645 million during the second quarter against an estimate of $618 million according to wall Street analysts.Roku Inc (NASDAQ: ROKU) stock dropped over 8.88% in Wednesday’s after-hours trading session to trade around $382.99. The streaming platform provider reported its second-quarter earnings results that beat analysts’ expectations.
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An ICO spokesperson said: “Following a request from the Secretary of State for DCMS, Elizabeth Denham has agreed to extend her term as Information Commissioner to 31 October 2021, while the recruitment process for her successor is completed. Original Source
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