Is Spotify Heading To NFTs? Recent Job Postings Suggest So

Is Spotify Heading To NFTs? Recent Job Postings Suggest So

Music NFTs are not a new thing, but music NFTs with Spotify is something else. Spotify, the world’s largest music streaming service, is eyeing a new opportunity to hop on the NFT bandwagon. The music streaming service recently posted two job listings for senior engineers to work on early-stage Web3 products. Spotify Plans To Add NFT Features The qualifying candidate, according to the job postings, will be part of a full-stack team tasked with pushing “growth through new technologies, like Web3.” In another job ads, Spotify noted that it is…

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Bitcoin Battles to Hold $41k as the Fed Raises Interest Rates by 0.25%

Bitcoin Battles to Hold $41k as the Fed Raises Interest Rates by 0.25%

Quick take: Bitcoin hit a local high of $41,718 as anxiety grew on Wednesday, that the Fed would increase interest rates The U.S Federal reserve announced a 0.25% rate hike and signaled six more increments this year Bitcoin has since dropped below $41k to $40,600 Current prices are a relief for Bitcoin traders given Sunday’s low of $37,555 and expectations of panic selling once the Federal Reserve increased interest rates In the last 48 hours, Bitcoin has managed to pop above $41k setting a local peak of $41,718 early yesterday,…

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US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russia

US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russia

Global investment banks Goldman Sachs and JPMorgan Chase are winding down business in the Russian Federation. The move comes as western sanctions against Moscow over its decision to launch a military invasion of Ukraine continue to expand, supported by leading financial institutions. Goldman Sachs and JPMorgan Scale Down Russian Operations Goldman Sachs Group and JPMorgan Chase have become the first major American banks to announce they are leaving Russia, a process that according to industry experts may take months if not years. Their decisions follow the imposing of unprecedented sanctions…

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How to Choose The Best Decentralized Exchange

Decentralized exchanges (DEXs) have been one of the key building blocks of the decentralized finance (DeFi) ecosystem. Since 2019, the number of DEXs has increased dramatically. According to a recent Chainalysis report, the number of decentralized exchanges is rising faster than all other forms of crypto exchanges combined. In fact, the number of DEXs between Q1 2019 and Q3 2021 increased more than 100% and the numbers are rising at a breakneck pace. However, with so many developments happening in this sector at such a rapid pace, it has become…

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Bitcoin, Ethereum and USDT Donations to Ukraine Hit $13M

Bitcoin, Ethereum and USDT Donations to Ukraine Hit $13M

Encrypted crypto donations to Ukraine have hit $13 million This includes 1,349 Ethereum, 204 Bitcoin and various amounts in Tether (USDT) and USD Coin (USDC) The donations of Ethereum and Bitcoin could be what has stabilized the value of BTC and ETH in the last few days A constant flow of crypto donations and the use of crypto in Ukraine could benefit the markets The value of encrypted crypto donations to assist Ukraine in its efforts to repel Russia has hit a new milestone of $13 million. This development was…

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Ramper Raises a $3M Pre-Seed Round, Led by Hashed

Ramper Raises a $3M Pre-Seed Round, Led by Hashed

Seoul, South Korea, 11th March, 2022,  – Ramper, the SDK/API provider for building frictionless user-onboarding solutions on web3, today announced that it has raised $3M in Pre-Seed round of funding. Hashed led the round with participation from Terra, Polygon, Goodwater Capital, Samsung NEXT, Golden Ventures, R7 Partners, 500 Global, Maple VC, and other angels. Ramper was developed to remove friction preventing the adoption of web3. “If the first step of onboarding is to connect-a-wallet, we’ve already lost all users. This is the state of web3 today. It’s a jarring experience…

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Ukraine Crypto Trading rose by 107% since the Russian-Ukraine Conflict. Is the war bolstering crypto adoption?

Ukraine Crypto Trading rose by 107% since the Russian-Ukraine Conflict. Is the war bolstering crypto adoption?

Crypto trading rose by 107%in Ukraine since the conflict began Combined Russian-Ukraine crypto trading in USDT and BUSD pairs has attracted an average of US$80m a day at times.  A recent report issued by Financial Times highlights how the Russian invasion of Ukraine may help mainstream crypto adoption.  The report further explains how crypto donations made to Ukraine have proven instrumental in influencing the crypto industry and the attitude of the masses towards the digital asset market.  Crypto Philanthropic Efforts To Ukraine May Boost Cryptocurrency Adoption Recently, the Ukrainian authorities…

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