US mayor pledges to give $1,000 of bitcoin to all residents of his town
Sentiment: Positive
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Sentiment: Positive
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Yahoo
US mayor pledges to give $1,000 of bitcoin to all residents of his town
Mayor Jayson Stewart says crypto gives him the ‘optimism that we can overcome some of the worst parts of the system that we’re born into’
PSA: Pandora Papers just hit. Millions of documents reveal offshore deals and assets of more than 100 billionaires, 30 world leaders and 300 public officials but yeah... blame crypto for money laundering.
The leaked records come from 14 offshore services firms from around the world that set up shell companies and other offshore nooks for clients often seeking to keep their financial activities in the shadows.
A document in the Pandora Papers shows that banks around the world helped their customers set up at least 3,926 offshore companies with the assistance of Alemán, Cordero, Galindo
The leaked records come from 14 offshore services firms from around the world that set up shell companies and other offshore nooks for clients often seeking to keep their financial activities in the shadows.
A document in the Pandora Papers shows that banks around the world helped their customers set up at least 3,926 offshore companies with the assistance of Alemán, Cordero, Galindo
Visa's New Payment System Will Accept Everything From Bitcoin to Dollars
So where does that leave payment processors like Visa? Well, if Visa has anything to do with it, it'll continue to be right in the middle of it all.
Visa has consistently worked to carve a space for itself in the crypto world, from partnering with cryptocurrency exchanges to offer Visa debit cards that earn crypto rewards, to settling the first crypto-only payment.
Its latest Universal Payment Channel shows it wants to maintain its pole position, whether that involves working with govcoins or existing cryptocurrencies.
Sentiment: Positive
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So where does that leave payment processors like Visa? Well, if Visa has anything to do with it, it'll continue to be right in the middle of it all.
Visa has consistently worked to carve a space for itself in the crypto world, from partnering with cryptocurrency exchanges to offer Visa debit cards that earn crypto rewards, to settling the first crypto-only payment.
Its latest Universal Payment Channel shows it wants to maintain its pole position, whether that involves working with govcoins or existing cryptocurrencies.
Sentiment: Positive
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The Motley Fool
Visa's New Payment System Will Accept Everything From Bitcoin to Dollars
Visa's research team has come up with a Universal Payment Channel that could allow people to swap cryptocurrencies, govcoins, and fiat payments. Find out more.
Survey: 48% Of Brazilians Want To Make Bitcoin A Legal Currency | Nasdaq
Sentiment: Positive
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Sentiment: Positive
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Nasdaq
Survey: 48% Of Brazilians Want To Make Bitcoin A Legal Currency
Brazilians were the biggest supporters of El Salvador's move among all countries surveyed and want to replicate that in their country.
The Pandora Papers: Why we need a global blockchain system for business and politician money transfers. Billions of hidden, offshore transfers by politicians, businesses, and criminals
Now, a massive leak of data pulls back the veil of secrecy on the offshore finance industry like never before.
Known as the Pandora Papers, it is the broadest-yet leak of confidential financial documents, comprising nearly 12 million files from 14 companies that provide offshore services.
It's a hidden world in which a reported secret mistress of Russian President Vladimir Putin can get a luxury apartment in Monaco via an offshore shell company, and where the King of Jordan is able to secretly snap up real estate in London and Malibu.
Sentiment: Neutral
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Now, a massive leak of data pulls back the veil of secrecy on the offshore finance industry like never before.
Known as the Pandora Papers, it is the broadest-yet leak of confidential financial documents, comprising nearly 12 million files from 14 companies that provide offshore services.
It's a hidden world in which a reported secret mistress of Russian President Vladimir Putin can get a luxury apartment in Monaco via an offshore shell company, and where the King of Jordan is able to secretly snap up real estate in London and Malibu.
Sentiment: Neutral
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OCCRP
Massive Leak Exposes the Hidden Fortunes of World’s Elite and Crooks - OCCRP
From missing taxes to stolen artworks and smuggled antiquities, the Pandora Papers lays bare exactly how the offshore industry hides the fortunes of the world’s rich and infamous alike.
"Bitcoin soon to become legal tender in Brazil", says congressman as "Bitcoin Law" passes committee and is expected to be approved by the brazilian Congress.
O deputado federal Aureo Ribeiro, disse em uma entrevista que em breve os brasileiros poderão comprar casas, carros e até McDonald's com Bitcoin, após aprovação de sua lei, que acontecerá em breve.
Outro ponto que a lei de Bitcoin no Brasil dará de vantagem, segundo Aureo Ribeiro, será a compra de produtos e serviços com criptomoedas, como casa, carro e até um McDonald's, destacou o deputado federal.
"A gente quer separar o joio do trigo, criar uma regulamentação para que você possa transacionar, saber onde você está comprando, saber com quem você negocia, e ter esse ativo para comprar uma casa, um carro, vai no McDonald's comprar um hambúrguer, vai ser uma moeda corrente no país igual acontece em outros países".
Sentiment: Negative
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O deputado federal Aureo Ribeiro, disse em uma entrevista que em breve os brasileiros poderão comprar casas, carros e até McDonald's com Bitcoin, após aprovação de sua lei, que acontecerá em breve.
Outro ponto que a lei de Bitcoin no Brasil dará de vantagem, segundo Aureo Ribeiro, será a compra de produtos e serviços com criptomoedas, como casa, carro e até um McDonald's, destacou o deputado federal.
"A gente quer separar o joio do trigo, criar uma regulamentação para que você possa transacionar, saber onde você está comprando, saber com quem você negocia, e ter esse ativo para comprar uma casa, um carro, vai no McDonald's comprar um hambúrguer, vai ser uma moeda corrente no país igual acontece em outros países".
Sentiment: Negative
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Livecoins
“Bitcoin será moeda corrente no Brasil em breve”, diz Dep. federal Aureo Ribeiro
O deputado federal Aureo Ribeiro disse em uma entrevista que o Bitcoin vai comprar casa, carro e mais após aprovação de sua lei.
Satoshi Nakamoto has Actually implemented Easter Eggs in certain Blocks. In block 666,666, a message from the bible was inserted in the block that reads “do not be overcome by evil, but overcome evil with good – Romans 12:21
Satoshi Nakamoto encoded hidden messages in some Bitcoin blocks that often come as a pleasant surprise.
In the genesis block, Nakamoto's message was a headline of a London Times article on Jan 3rd, 2009.Other cryptic messages have been embedded in bitcoin blocks, often passing poignant messages.
Aside from the cryptic messages embedded in the genesis block, several other easter eggs have sprung forth for the cryptocurrency.
Sentiment: Positive
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Satoshi Nakamoto encoded hidden messages in some Bitcoin blocks that often come as a pleasant surprise.
In the genesis block, Nakamoto's message was a headline of a London Times article on Jan 3rd, 2009.Other cryptic messages have been embedded in bitcoin blocks, often passing poignant messages.
Aside from the cryptic messages embedded in the genesis block, several other easter eggs have sprung forth for the cryptocurrency.
Sentiment: Positive
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ZyCrypto
Satoshi Nakamoto’s Easter Eggs – Perfectly Timed Messages
Satoshi Nakamoto is somewhat of an enigmatic personality and very little is known about the founder of the largest cryptocurrency.
Salvadoran president, Nayib Bukele revealed on Friday that Chivo wallet users will be able to get a discount on petroleum fill-ups at the largest gas stations in the country. Chivo wallet users paying for fuel will save $0.20 per gallon using the government’s crypto wallet
The Salvadoran president, Nayib Bukele revealed on Friday that Chivo wallet users will be able to get a discount on petroleum fill-ups at the largest gas stations in the country.
The guidelines for this new discount are not super clear, but Bukele said that a number of the largest gas station companies in the country will drop the price of gas per gallon by $0.20 if a customer uses the Chivo wallet application to pay.
The state company Chivo negotiated with the largest gas station companies in our country, so starting tomorrow, these gas stations will sell each gallon of fuel $0.20 cheaper, with the Chivo wallet.
Sentiment: Positive
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The Salvadoran president, Nayib Bukele revealed on Friday that Chivo wallet users will be able to get a discount on petroleum fill-ups at the largest gas stations in the country.
The guidelines for this new discount are not super clear, but Bukele said that a number of the largest gas station companies in the country will drop the price of gas per gallon by $0.20 if a customer uses the Chivo wallet application to pay.
The state company Chivo negotiated with the largest gas station companies in our country, so starting tomorrow, these gas stations will sell each gallon of fuel $0.20 cheaper, with the Chivo wallet.
Sentiment: Positive
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Bitcoin News
Salvadoran President Nayib Bukele Says Citizens Paying for Gas With the Chivo Wallet Will Get a Discount
President Nayib Bukele said Chivo wallet users paying for fuel will save $0.20 per gallon using the government’s crypto wallet.
St. Louis-area mayor wants to give $1,000 worth of Bitcoin to town residents
Sentiment: Neutral
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Sentiment: Neutral
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The Kansas City Star
St. Louis-area mayor wants to give $1,000 worth of Bitcoin to town residents
He says the project is currently funded to provide the cryptocurrency to each of his town’s 1,500 residents.
Will chrome dropping adblockers drive more users to Brave browser?
It's also a big deal for a very different, and for many Chrome users much more practical, reason: As TechRadar explains, the loss of Manifest V2 means that the ad blockers many Chrome users have grown used to having around will no longer work.
Manifest V3 deprecates a particular API that current ad blockers use to do their thing, and there's debate over whether new ad blockers can or will be built using the new Manifest V3 specification.
Even if Google does kill off ad blockers as we know them in Chrome, extension devs will likely find workarounds to keep avoiding ads.
Sentiment: Positive
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It's also a big deal for a very different, and for many Chrome users much more practical, reason: As TechRadar explains, the loss of Manifest V2 means that the ad blockers many Chrome users have grown used to having around will no longer work.
Manifest V3 deprecates a particular API that current ad blockers use to do their thing, and there's debate over whether new ad blockers can or will be built using the new Manifest V3 specification.
Even if Google does kill off ad blockers as we know them in Chrome, extension devs will likely find workarounds to keep avoiding ads.
Sentiment: Positive
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PC Gamer
Big changes coming to Chrome may kill ad blockers
Google says it's not trying to end ad-blocking technology, but it looks like it could happen pretty easily.
Switzerland national postal service to debut crypto stamp on Polygon
On Sept. 20, the Swiss Post officially announced the upcoming launch of the "Swiss crypto stamp," a digital collectible linked to a physical stamp issued by the postal service worth 8.9 Swiss francs.
According to the announcement, the Swiss crypto stamp will be the first stamp of its kind ever launched in Switzerland.
In May 2021, Austria's postal service announced plans for incorporating NFC chips in its Crypto Stamp 3.0, the third iteration of its limited-edition NFT postage stamp collectible series.
Sentiment: Neutral
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On Sept. 20, the Swiss Post officially announced the upcoming launch of the "Swiss crypto stamp," a digital collectible linked to a physical stamp issued by the postal service worth 8.9 Swiss francs.
According to the announcement, the Swiss crypto stamp will be the first stamp of its kind ever launched in Switzerland.
In May 2021, Austria's postal service announced plans for incorporating NFC chips in its Crypto Stamp 3.0, the third iteration of its limited-edition NFT postage stamp collectible series.
Sentiment: Neutral
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Cointelegraph
Switzerland national postal service to debut crypto stamp on Polygon
Switzerland’s national postal service will issue 175,000 blockchain-based digital stamps available for online exchange and trading.
Colin McRae’s Subaru Got Sold for $360,000 Worth of Bitcoin.
An anonymous buyer at an Australian auction paid $361,000 in bitcoin to acquire a classic Subaru WRX driven by the rally champion Colin McRae.
An investigation found out that the car was particularly symbolic as champion drivers like Colin McRae and Carlos Sainz have been behind its wheel.
The classic Subaru WRX was so popular in the late 90s that it became one of the iconic cars in the Colin McRae Rally PlayStation game.
Sentiment: Positive
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An anonymous buyer at an Australian auction paid $361,000 in bitcoin to acquire a classic Subaru WRX driven by the rally champion Colin McRae.
An investigation found out that the car was particularly symbolic as champion drivers like Colin McRae and Carlos Sainz have been behind its wheel.
The classic Subaru WRX was so popular in the late 90s that it became one of the iconic cars in the Colin McRae Rally PlayStation game.
Sentiment: Positive
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The Era of Cash Is Ending
What cryptocurrencies like Bitcoin have shown us is that there are technological pathways for central banks to be able to issue digital versions of their own currency in a relatively secure form and in a form that makes digital payments broadly available and accessible to the masses.
A more sophisticated version of a central bank digital currency is where, in effect, each one of us has an account with the central bank, perhaps in tandem with a digital wallet that we can use to transact using digital versions of the currency.
PRASAD: The proliferation of central bank digital currencies and even cryptocurrencies does not really pose much of a threat to the major global currencies.
Sentiment: Neutral
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What cryptocurrencies like Bitcoin have shown us is that there are technological pathways for central banks to be able to issue digital versions of their own currency in a relatively secure form and in a form that makes digital payments broadly available and accessible to the masses.
A more sophisticated version of a central bank digital currency is where, in effect, each one of us has an account with the central bank, perhaps in tandem with a digital wallet that we can use to transact using digital versions of the currency.
PRASAD: The proliferation of central bank digital currencies and even cryptocurrencies does not really pose much of a threat to the major global currencies.
Sentiment: Neutral
Read Article
BRINK – Conversations and Insights on Global Business
The Era of Cash Is Ending
Digital currencies hold great promise for the millions without bank accounts, but there are risks, too, including the possibility of macroeconomic instability.
50% of Africans Invest in Crypto to Pay for Their Children's Education: Survey
The London-based company - Luno - conducted a survey with nearly 7,000 participants from Nigeria, Kenya, South Africa, the UK, Australia, Indonesia, and Malaysia to determine the reasons that drove them into getting involved with digital assets.
Taking a closer look, 48% would allocate their salaries in digital assets to pay for their children's future educational costs.
The survey revealed that crypto holders are much more likely to hold other types of financial assets versus the general population.
Sentiment: Positive
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The London-based company - Luno - conducted a survey with nearly 7,000 participants from Nigeria, Kenya, South Africa, the UK, Australia, Indonesia, and Malaysia to determine the reasons that drove them into getting involved with digital assets.
Taking a closer look, 48% would allocate their salaries in digital assets to pay for their children's future educational costs.
The survey revealed that crypto holders are much more likely to hold other types of financial assets versus the general population.
Sentiment: Positive
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CryptoPotato
50% of Africans Invest in Crypto to Pay for Their Children’s Education: Survey
The majority of crypto owners from Nigeria, Kenya, and South Africa deal with cryptocurrencies so they can provide a better future for their children.
NTFs are a money laundering scheme for rich people, says crypto analyst Mr Whale
A work of art by Banksy was even burned and turned into an NFT. Apparently, people open their pockets to invest in art to buy an original, digital version of it, something they could have simply downloaded or captured.
Popular crypto-actives analyst Mr. Whale has argued that NFTs are simply a way for the rich to move illegally obtained money through a channel that makes it look legal.
Whale pointed out that the subjectivity of art is what makes it so easy to move money through NFTs. While one person may think a work of art is horrible, another may think it is the most beautiful piece ever made.
Sentiment: Positive
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A work of art by Banksy was even burned and turned into an NFT. Apparently, people open their pockets to invest in art to buy an original, digital version of it, something they could have simply downloaded or captured.
Popular crypto-actives analyst Mr. Whale has argued that NFTs are simply a way for the rich to move illegally obtained money through a channel that makes it look legal.
Whale pointed out that the subjectivity of art is what makes it so easy to move money through NFTs. While one person may think a work of art is horrible, another may think it is the most beautiful piece ever made.
Sentiment: Positive
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WordPress
NTFs are a money laundering scheme for rich people, says crypto analyst | BitcoinDynamic.com
The NFT market continues to grow. Many artists and creative people now use this new product format to share and sell their work, which has given independent artists an opportunity to sell their creations, monetizing and generating income online. Mainly this…
Evergrande, Property Management Unit Share Trading Halted
1 Min Read.HONG KONG, Oct 4 - Trading in shares of debt-laden China Evergrande was suspended on Monday after it missed a key bond interest payment last week, its second offshore debt obligation in a week, with market watchers jittery as the group's troubles unravel.
Shares of its unit Evergrande Property Services Group were also suspended, according to the Hong Kong stock exchange.
With liabilities equal to 2% of China's GDP, Evergrande has sparked concerns its woes could spread through the financial system and reverberate around the world, though worries have eased somewhat after the central bank vowed to protect homebuyers' interests.
Sentiment: Negative
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1 Min Read.HONG KONG, Oct 4 - Trading in shares of debt-laden China Evergrande was suspended on Monday after it missed a key bond interest payment last week, its second offshore debt obligation in a week, with market watchers jittery as the group's troubles unravel.
Shares of its unit Evergrande Property Services Group were also suspended, according to the Hong Kong stock exchange.
With liabilities equal to 2% of China's GDP, Evergrande has sparked concerns its woes could spread through the financial system and reverberate around the world, though worries have eased somewhat after the central bank vowed to protect homebuyers' interests.
Sentiment: Negative
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Reuters
Evergrande eyeing $5 bln property unit sale; rival Fantasia misses payment
Debt-saddled China Evergrande is set to raise more than $5 billion by selling a majority stake in its property management arm, Chinese media said on Monday, a deal which would be the struggling giant's largest asset sale yet if it goes ahead.
The crash is inevitable. They are just trying to slow it down. China Property Giant Evergrande Suspends Hong Kong Market Trading.
Sentiment: Neutral
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Sentiment: Neutral
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Bloomberg.com
Evergrande Shares Halted Amid Report of Unit Stake Sale
China Evergrande Group and its property-services arm were halted in Hong Kong stock trading amid a report that the developer agreed to sell a controlling stake in the unit to raise much-needed cash.
Share trading in embattled China Evergrande halted in Hong Kong. This might get ugly today, HODL and DCA.
The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021.
HONG KONG, Oct 4 - Trading in shares of heavily indebted China Evergrande was suspended on Monday, days after some bondholders said the property developer at the centre of jitters over China's financial system had missed a second key bond interest payment.
Shares of its unit Evergrande Property Services Group were also suspended, the Hong Kong stock exchange said.
Sentiment: Negative
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The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021.
HONG KONG, Oct 4 - Trading in shares of heavily indebted China Evergrande was suspended on Monday, days after some bondholders said the property developer at the centre of jitters over China's financial system had missed a second key bond interest payment.
Shares of its unit Evergrande Property Services Group were also suspended, the Hong Kong stock exchange said.
Sentiment: Negative
Read Article
Reuters
Evergrande eyeing $5 bln property unit sale; rival Fantasia misses payment
Debt-saddled China Evergrande is set to raise more than $5 billion by selling a majority stake in its property management arm, Chinese media said on Monday, a deal which would be the struggling giant's largest asset sale yet if it goes ahead.
In Tonga, MP Lord Fusitu'a is drafting a bill to make Bitcoin a legal tender in the Pacific nation, like what was done in El Salvador last month.
The hereditary lord's bitcoin project based on El Salvador's crypto gamble remains little more than a dream for now, but he is confident he can overcome potential opposition from Tonga's central bank, executive branch, or other MPs. The Governor of the Reserve Bank of Tonga, Sione Ngongo Kioa, said the bank had no plans to adopt bitcoin as a legal tender alongside the Tongan pa'anga.
"Our current king was the prime minister in the early 2000s when the World Bank's austerity measures imposed on us for the loans included cutting public servants' wages, which we did, but in 2006 it caused the only riots in our country's history, so our king has seen how the IMF and World Bank gutted our economy and society previously," he says.
The country's only two commercial banks are ANZ and Bank of the South Pacific.
Sentiment: Neutral
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The hereditary lord's bitcoin project based on El Salvador's crypto gamble remains little more than a dream for now, but he is confident he can overcome potential opposition from Tonga's central bank, executive branch, or other MPs. The Governor of the Reserve Bank of Tonga, Sione Ngongo Kioa, said the bank had no plans to adopt bitcoin as a legal tender alongside the Tongan pa'anga.
"Our current king was the prime minister in the early 2000s when the World Bank's austerity measures imposed on us for the loans included cutting public servants' wages, which we did, but in 2006 it caused the only riots in our country's history, so our king has seen how the IMF and World Bank gutted our economy and society previously," he says.
The country's only two commercial banks are ANZ and Bank of the South Pacific.
Sentiment: Neutral
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Australian Financial Review
Bitcoin dream brewing in Tonga
A Tongan parliamentarian aims to push through legislation that will make bitcoin legal tender in Tonga, joining the pa’anga. Its central bank is yet to be convinced.