PRESS RELEASE. San Diego, CALIF. – April 26, 2022 – Permission.io, the leading provider of permission-based Web3 advertising, today announced it’s migrating away from its own proprietary blockchain to Polygon, the world’s preeminent Ethereum scaling solution with more than 100 million unique users. The migration is the company’s first in a series of steps designed…
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Fidelity Investments, the United States’ biggest provider of 401(k) pension plans, will let participants choose to keep money in bitcoin (BTC), but only if their employers let them. 401(k) plans are employer-sponsored defined-contribution pension accounts, and Fidelity, per 2020 figures compiled by the researcher Cerulli Associates, has USD 2.4 trillion locked into 401(k) accounts.…
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Bitcoin (BTC) mining is becoming more efficient while firms are increasingly using green energy for their mining operations, according to a recent survey by the Bitcoin Mining Council (BMC), a voluntary global forum of Bitcoin mining companies…. Read More: Bitcoin Mining Efficiency Up 63% in Year, ‘Sustainable Electricity Mix’ Jumped 59% – Bitcoin Mining…
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Tesla chief and multi-billionaire Elon Musk is taking over Twitter for USD 54.20 a share, and has already received praise from Twitter’s founder Jack Dorsey. Meanwhile, the Twitter-funded decentralized social media project bluesky says it will remain independent “no matter what happens.”… Read More: Elon’s Twitter: bluesky Keeps Independence, Dorsey Praises Musk, Market Awaits…
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Bitcoin price started a steady increase and climbed above USD 40,000. BTC is currently (11:47 UTC) consolidating gains near USD 40,500 and is up 4% in a day and down less than 1% in a week. A clear move above USD 40,700 might set the pace for a fresh increase. … Read More: Bitcoin and…
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Two European citizens have been charged for conspiring with Ethereum developer Virgil Griffith to help North Korea evade U.S. sanctions using cryptocurrency, the Department of Justice (DOJ) announced. They conspired “to teach and advise members of the North Korean government on cutting-edge cryptocurrency and blockchain technology, all for the purpose of evading U.S. sanctions.” Virgil…
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Afghan residents are reportedly acquiring digital assets that they use to preserve their savings and to diminish the ruling Taliban’s ability to affect their financial well-being. Since the militant group seized control, the value of crypto transactions per week has in some cases doubled, a Bloomberg report has said. Demand for Digital Currencies Surges Demand…
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If approved, retirement savers can allocate 20% of their savings portfolio to Bitcoin without the need to open a crypto exchange account. The United States-based retirement plan provider Fidelity Investments will reportedly allow 401(k) retirement saving account holders to directly invest in Bitcoin (BTC). The new Bitcoin retirement investment plan would go live later this year.…
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The integration provides LUNA users a way to accurately track and record their transactions to meet their tax obligations, according to Koinly’s Tony Dhanjal. Crypto tax calculation platform Koinly added Terra (LUNA) wallet support to make tax calculation easier for LUNA holders as the Canadian tax report deadline draws near. Tony Dhanjal, head of tax…
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Two moving averages warn of a bear market-style price floor in the making, says analysis one month after Bitcoin’s weekly chart “death cross.” Bitcoin (BTC) is facing a rare chart phenomenon that has historically resulted in 50% price drawdowns, new data shows. In a tweet on April 25, popular account Nunya Bizniz noted a fresh…
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