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Forwarded from DAO autonomous
ConstitutionDAO Considers Plans For Future After Failure at Sotheby’s

ConstitutionDAO, a decentralized autonomous organization with over 17,000 contributors and $45 million in funds, has faced a number of challenges since its inception less than two weeks ago. Last week, the DAO lost the Sotheby’s auction to purchase a copy of the US Constitution. Citadel CEO Kenneth Griffin outbid the DAO and bought the document for $41 million.

💢 t.me/DAOautonomous
Cardano flips Ethereum in transaction volume as ADA price recovers swiftly

Analysts expect Cardano price to recover from the drop below $2. Cardano, the sixth-largest cryptocurrency, momentarily flipped Ethereum in daily transaction volume earlier on Friday.

Cardano's on-chain activity has exploded, with the daily transaction volume flipping the second-largest cryptocurrency momentarily on Friday.

🟡 t.me/CryptoSignalsMust
Forwarded from Best Token News
Indian Crypto Investors Receive Warning Emails from Banks After Advertising Uptick

Indian banks have begun sending emails to crypto investors warning them against the asset class. This is the latest move by the banking industry to dismiss digital currencies, as Indians take to the market with relish.

⚜️ t.me/BestTokenNews
Forwarded from The Economy News
Even Banks are FOMOing: Australia's Largest Bank Sees 'Bigger Risks in Not Participating' in Crypto

The CEO of Commonwealth Bank of Australia, the country's largest bank, sees big risks in not participating in cryptocurrency.

Australian multinational bank with businesses across New Zealand, Asia, the U.S, and the U.K. Comyn explained that although cryptocurrencies are "Very volatile and speculative," banks need to be involved in crypto and blockchain technology, citing the insatiable demand from customers to trade crypto.

♨️ t.me/TheEconomyNews
Forwarded from Blockchain Report
👀 The total number of transactions on popular blockchain platforms

🥅 t.me/BlockchainReport
Forwarded from The Economy News
❗️Italy: Amazon & Apple hit with 200MN euro antitrust fine for alleged collusion

The sale of Apple and Beats products has come under the spotlight of the Italian antitrust authorities, handing out a massive fine to the equivalent tune of $225 million.

Only selected resellers were allowed to cash in on Apple and Beats on Amazon - a violation of EU rules.

The breakdown means Amazon will be slapped with a 68.7MN-euro penalty, and Apple 135.5MN... ordering the companies to end any restrictions.

Apple has denied wrongdoing and plans to appeal.

♨️ t.me/TheEconomyNews
Forwarded from The Economy News
Western Tech Giants Have 5 Weeks to Open Branches in Russia Before Sanctions Applied - Regulator

A total of 13 foreign tech companies, including Google and Apple, must open branches or legal entities in Russia before the year’s end in order to continue to operate advertising in the country, Moscow's regulator said on Monday.

The internet giants, including Twitter and Mark Zuckerberg’s newly created Meta Platforms, Inc., have about a month to comply with the requirements of a new Russian law demanding they establish a formal communication link with authorities and create a feedback form specifically for local users.

Companies obliged to follow the new rules include Swedish-based audio streaming platform Spotify and popular Chinese video-sharing app TikTok, as well as several platforms like Zoom, Discord, and Telegram in addition to the American firms.

♨️ t.me/TheEconomyNews
Forwarded from The Economy News
US state suggests vegan Thanksgiving as inflation soars

A St. Louis Federal Reserve has caused outrage by boldly recommending Americans choose a cheaper “soy-bean based dinner” for Thanksgiving amid soaring inflation rates.

In a recent blog post, the Missouri-based federal bank compared and contrasted the prices of poultry to soybeans, the main ingredient for tofu, which some vegans use to make tofurkey as a Thanksgiving replacement. 

So-ya going be thankful for tofu this year?

♨️ t.me/TheEconomyNews
Forwarded from The Economy News
Bulb Energy Goes Bust – UK Power Firm Enters Administration

Bulb has become the largest energy company to collapse as a result of high wholesale gas prices, leaving British taxpayers on the hook to ensure its 1.7mn customers continue to benefit from a continued supply to their homes.

The Treasury has been forced into what amounts to a temporary nationalisation of Bulb to protect the energy supply of its customers after the company failed to secure financing to continue operating independently.

Bulb is Britain’s 7th biggest energy company and has 1,000 staff.

♨️ t.me/TheEconomyNews
Forwarded from Stagu
Trump points at the "Seven Sisters", the constallation of the chosen one Orion King of Kings @SABMYK

t.me/StarseedChildren
The Running Joke Of The Crypto Community – JP Morgan CEO

The rise of cryptocurrencies has been one of the talking points in the past few years. Cryptocurrencies have transformed how we view finance bringing cheap, fast, and secure cross-border transactions.

🟡 t.me/CryptoSignalsMust
Forwarded from Ethereum Daily
EIP-1559 Has Now Burned More ETH Than Ethereum Miners Hold

Circa 961,920 ETH has been permanently destroyed in under 4 months, compared to 243,690 ETH, which is the current miner balance.

The ETH supply decreases whenever more ETH is destroyed via the fee burn program than ETH is created via issuance.

🔸 t.me/EthereumDaily
Forwarded from Blockchain Report
Cardano announces changes in parameters like block size to begin increasing network throughput gradually

With a secure, highly decentralized proof of stake network now firmly established, and core smart contract capability deployed, we're now heading into the Basho phase, focused on optimization, scaling and network growth.

🥅 t.me/BlockchainReport
Forwarded from Bitcoin Inventors
Odell Beckham Jr. Announces Salary From Los Angeles Rams Will Be Accepted In Bitcoin.

Odell Beckham Jr. has arrived in Los Angeles and played one game for his new team so far. As a part of his new contract, Odell will accept his new deal completely in Bitcoin.

📀 t.me/BitcoinInventors
Forwarded from DAO autonomous
Most Cryptocurrencies Are Worth: ZeroFed Governor Waller

Federal Reserve Governor Christopher Waller said that most of the 6,000 crypto coins in existence are worth “basically zero” at the Center for Financial Stability in New York on Friday.

💢 t.me/DAOautonomous
Senator Lummis Slams Hillary Clinton, Advocates For Stabilizing US Dollar Using Bitcoin

In a tweet, she said that Bitcoin could help "Stabilize" an otherwise unstable US dollar.

It's unclear what Lummis has in mind when she calls for Bitcoin "Stabilizing" the US dollar. She may mean that Bitcoin could "Back" US dollar value, like how gold did pre-1971.

🟡 t.me/CryptoSignalsMust
Forwarded from Blockchain Report
Celer Network On Its Way To Become The Most Used Crypto Project.

Celer is a layer-two scaling solution that aims to bring blockchain technology to the mainstream by eliminating the roadblocks facing other blockchain projects. These roadblocks include scalability, complexity, and unreasonable transaction fees which many Ethereum users are currently suffering from.

🥅 t.me/BlockchainReport