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An alarm comes from Parliament for the customers of Italian banks

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The current pandemic is putting the Italian economy in serious trouble. Many small businesses risk closure and, as a result, a large number of employees are no longer certain about the future. Medium and large companies are also trying to run for cover to avoid further economic losses and possible layoffs. The current crisis is so serious that even the banking and insurance giants are starting to...

Why is the stock market with stars and stripes experiencing significant increases?

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The main media covering the presidential elections in the US have so far essentially talked about a head to head. Of a situation of almost breakeven, and therefore this bullish flare up of the overseas stock markets might seem strange. Above all in consideration of the fact that the stock market, usually, does not like situations of uncertainty, rather it hates them. Why, therefore, is the stock...

Bitfury creates a cryptocurrency-as-a-service mining partnership to upgrade Norway’s data center worth $ 35 million

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Cryptocurrency miner Bitfury has partnered with a private equity firm that allows it to modernize its $ 35 million blockchain-based infrastructure in Norway. According to an announcement dated November 2 from the Luxembourg-based Lien Group, the company launched digital currency mining as a service (MaaS), through a partnership with Bitfury. As part of the arrangement, the Lien Group will...

Terra Virtua creates an ecosystem for non-receptive token holdings for Comecon fans

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Digital acquisitions platform Terra Virtua announced on November 4 that it has completed a $ 2.5 million private financing round, and has attracted support from funds such as Woodstock, NGC Ventures and AU21 Capital. The investment raised will be used to develop what the company describes as its first non-exchangeable token (NFT). Aside from being a marketplace for verifiable scarce digital...

$ 1 billion in Bitcoin from the Silk Road wallet transferred for the first time since 2015

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An anonymous cryptocurrency user transferred 69,370 Bitcoins from an address associated with the Dark Silk Road market, which has recently become a popular hacking target. According to a report released on November 3 from the intelligence firm Cypher Trace, the latest move involving two transactions adding up to 69,370 Bitcoin (BTC) – or more than $ 960 million at the time of writing the...

Hashgraph’s technology director expects interest in blockchain to grow further in 2021

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In an interview with Cointelegraph, Hedera Hashgrave’s Chief Technology Officer, Lemon Bird, said that while interest in Blockchain technology has increased dramatically in 2020, he expects much bigger things in 2021. “The world as a whole views this industry as blockchain or distributed record technology and says, ‘Wow, there’s something real out there,” said Bird...

PayPal’s cryptocurrency services will go global in early 2021, supporting central banks’ digital currencies

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Senior executives at global payments giant PayPal revealed more details about its plans to push aggressively into the cryptocurrency sector next year during the company’s earnings call for the third quarter of 2020, including plans to support central bank digital currencies (CBDCs). “It is clear that the world is moving rapidly from physical to digital,” said Dan Schulman, CEO of PayPal...

Ripple, Paypal and Twitter join coalition calling for fair elections

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Blockchain-based payments company Ripple has joined forces with a nonpartisan group of companies working to ensure fair voting in the United States. According to a November 2 tweet from Ripple, CEO Brad Garlinghouse joined Twitter CEO Jack Dorsey and PayPal CEO Dan Schulman in the Civic Alliance, an organization that states that it supports “safe, healthy, and reliable elections” as...