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Avara is hoping to create extensive access and usability for blockchain technology. Aave Companies have rebranded to Avara as a way of repositioning itself to attract a wider Web3 audience. According to Stani Kulechov, founder and CEO of the company, the move is necessary due to the growing list of offerings
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The Blockchain Association, a United States-based cryptocurrency advocacy group, has submitted a comment letter mainly in opposition to tax regulations proposed by the Internal Revenue Service (IRS).In a Nov. 13 letter, the Blockchain Association (BA) said proposed IRS rules introduced in August aimed at regulating the sale and exchange of
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"Digital markets can present competition concerns," the statement said. "Markets characterized by network effects, economies of scale, digital ecosystems, and accumulations of large amounts of data can be prone to increasing or creating barriers to entry, tipping, and dominance." Source
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Animoca Brands Japan and KLKTN have formed a strategic partnership with Cool Cats Group to facilitate the expansion of the Cool Cats brand into the Japanese anime market using web3 technology. Animoca Brands Japan and KLKTN, a part of the same company, have teamed up with Cool Cats Group to make
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The London Stock Exchange Group is expanding its fintech horizons by recruiting a director for digital assets, navigating the complex interplay between innovation in blockchain technology and the UK’s tightening financial regulations. The London Stock Exchange Group (LSEG) has sparked interest in the financial technology sector with its latest job listing
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There are many moving parts in the FTX bankruptcy, and a restart would have to deal with various aspects of claims, token lockups and compliance issues. The process is not straightforward. Bankrupt crypto lender Voyager attracted a number of hopeful bidders looking to restructure the firm, offer tokens to creditors
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Banking giant the Hong Kong and Shanghai Banking Corporation (HSBC) has tested the use of tokenized deposits — from issuance to transfer to redemption — with major Chinese financial services provider Ant Group, founded by Jack Ma, in a sandbox arranged by the Hong Kong Monetary Authority.The initiative led by
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Artificial intelligence developers heavily rely on illegally scraping copyrighted material from news publications and journalists to train their models, a news industry group has claimed.On Oct. 30, the News Media Alliance (NMA) published a 77-page white paper and accompanying submission to the United States Copyright Office that claims the data
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The ‘Stand With Crypto’ initiative, backed by Coinbase, has quickly garnered the support of over 100,000 individuals aiming to amplify the voices of crypto advocates in policy discussions across the United States. In the past few weeks, more than 100,000 people have joined ‘Stand With Crypto‘, an initiative supported by Coinbase,
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On Oct 24, NvirWorld and EMERGE Group signed a Memorandum of Understanding (“MoU”), to collaborate on blockchain gaming development. This partnership aims to harness various marketing opportunities that will elevate both entities’ brand recognition and cultivate industry best practices. The MoU sets the stage for a long-term alliance between NvirWorld and
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