Genesis Digital Assets Reveals $431 Million Capital Raise — Mining Firm Aims for 1.4 Gigawatts by 2023

On Tuesday, the bitcoin mining firm Genesis Digital Assets announced the firm raised $431 million from strategic investors. The mining company Genesis detailed that Paradigm led the multi-million-dollar funding round and one of the firm’s co-founders has joined Genesis’s board of directors. Genesis Digital Assets to Bolster Bitcoin Mining Operations in the US and Nordics The industrial-scale bitcoin mining company, Genesis Digital Assets, revealed the firm has raised $431 million in a recent financing round. The funding was led by the company Paradigm but also included participation from firms like…

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FDA authorizes Pfizer-BioNTech booster shot for elderly, people at high risk of severe Covid-19

The Food and Drug Administration authorized a booster dose Wednesday of Pfizer and BioNTech’s Covid-19 vaccine for people 65 and older and for certain high-risk adult populations. The move aligns with the recommendation the agency’s independent vaccine advisers made Friday when they endorsed offering boosters to people at high risk of severe disease as well as those 65 and older at least six months after completion of the primary two-dose series. The FDA authorization permits Pfizer boosters for anyone between the ages of 18 and 64 “whose frequent institutional or…

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Covid-19 boosters: 5 takeaways from CDC’s big vaccine meeting

Data reviewed by the Centers for Disease Control and Prevention’s vaccine advisory committee on Wednesday suggests benefits to giving Covid-19 boosters to elderly Americans and long-term care home residents — potentially setting up the independent panel to endorse a third dose of Pfizer and BioNTech’s shot for those groups. The Food and Drug Administration is expected to soon decide whether to authorize the Pfizer-BioNTech booster and for whom. The agency’s own outside advisory committee on Friday recommended allowing a third dose of the companies’ shot for people 65 and older…

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Pfizer CEO rallies staff to fight Democrats’ drug price negotiation

Pfizer’s CEO sent a video message to company employees urging them to fight proposed government drug price negotiations and expressing frustration with Congress, which is considering using the projected savings to help pay for a $3.5 trillion social spending package. Albert Bourla said he was “particularly disappointed” that a House Democratic leadership-backed drug pricing plan and similar proposals “will have a little positive impact on patients where it really matters at the pharmacy,” according to the three-minute video, a copy of which was obtained by POLITICO. While Bourla echoed complaints…

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Mad Money Jim Cramer ‘Begs’ Crypto Investors to Take Profits — Says ‘I Don’t Want You to Lose Money’

The host of Mad Money, Jim Cramer, is begging crypto investors to take profits on any crypto gains in their portfolios. “I’m begging you to. Don’t let it become a loss,” he said, emphasizing, “I don’t want you to lose money.” Mad Money’s Jim Cramer Advises Investors to Take Profits on Crypto Gains The host of CNBC’s Mad Money show, Jim Cramer, said Monday that cryptocurrency investors should take profits on their crypto holdings if they have any gains in their portfolios. A former hedge fund manager, Cramer co-founded Thestreet.com,…

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US Treasury Targets Crypto Exchanges in Whole-of-Government Effort to Counter Ransomware

The U.S. Department of the Treasury has taken actions targeting cryptocurrency exchanges “responsible for laundering ransoms” as part of the whole-of-government effort to counter ransomware. One cryptocurrency exchange has already been sanctioned along with related crypto addresses. “We will continue to crack down on malicious actors,” said Treasury Secretary Janet Yellen. US Government Targets Crypto Exchanges in Ransomware Fight The U.S. Treasury Department announced a set of actions to counter ransomware Tuesday, which include the publication of an updated advisory on ransomware and the addition of entities to the Office…

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Biden cools Democratic fever over domestic agenda, but can’t cure it

Democrats returned from a White House sitdown Wednesday vowing to work together to break the logjam threatening their entire domestic agenda — even as deep cracks remain in their party. “Everybody had a chance to say their piece, and there was a lot of pieces said,” Sen. Jon Tester (D-Mont.) said after meeting with President Joe Biden and other centrists for more than an hour. Biden convened the high-stakes summit with key progressives and moderates Wednesday in a bid to unify his fractious party — with its threadbare majority in…

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AMC Theatres Explores Accepting Dogecoin: CEO Fascinated by DOGE Poll Results

AMC Theatres chain is exploring how to accept dogecoin alongside four other cryptocurrencies. AMC’s CEO conducted a poll on Twitter and was overwhelmed by the results and enthusiasm of the dogecoin community. “It’s clear that you think AMC should accept dogecoin. Now we need to figure out how to do that,” he said. AMC Considers Adding Dogecoin to List of Accepted Cryptocurrencies Following the announcement that AMC Entertainment Holdings Inc. will accept bitcoin, bitcoin cash, litecoin, and ether for payments, CEO Adam Aron set up a poll on Twitter to…

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Dems seek to ‘avoid a shutdown, at all costs’ as GOP picks debt fight

Democrats want to bludgeon the GOP over its debt ceiling intransigence as much as they can — though not necessarily hard enough to shut the government down next week. Publicly, Senate Democrats’ preferred option is to continue pressuring Republicans to buckle and accept their proposal linking government funding and a debt ceiling increase. But failing that, they say they need to ensure they avoid a momentum-draining shutdown next week amid the pandemic and internal dissent over acting on President Joe Biden’s domestic agenda. So as the debt stalemate pushes the…

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Alchemy Pay Using Chainlink to Enable Trading on Decentralized Exchanges and Borrowing in DeFi Using ACH

PRESS RELEASE. Singapore, September 22, 2021 – Alchemy Pay is now using Chainlink Price Feeds to enable users to buy crypto on decentralized exchanges (DEXs) and obtain loans in leading DeFi lending platforms directly from wallets using Alchemy Pay’s ERC-20 utility token, ACH. Chainlink Price Feeds help assure users that they are receiving fair market exchange rates when purchasing assets directly via their wallets on DEXs like Uniswap, Sushiswap, and ForTube using their ACH, as well as when collateralizing DeFi loans with ACH. “It is crucial to the success of…

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Wallstreetbets Founder Jaime Rogozinski and Wsbdapp Project Launch 15,000 Generative NFTs

On September 22, the team behind the Wallstreetbets defi application called Wsbdapp announced the launch of a non-fungible token (NFT) collection featuring 15,000 generative NFTs. According to the team, the NFTs provide utility like VIP access to special metaverse events and yield farming boosts. Wsbdapp Project Launches NFT Collection During the first week of September, Bitcoin.com News reported on the Wallstreetbets’ (wsbdapp) platform, which allows users to transact with decentralized finance (defi) protocols like a decentralized exchange (dex). The project partnered with the defi project Balancer a few days later…

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Snoop Dogg Reveals Rapper Is a Crypto Whale With Millions of Dollars in NFTs

This year a great deal of popular hip-hop superstars like Eminem, Jay-Z, Ja Rule, Lil Pump, and many more have been getting into the non-fungible token (NFT) collectibles scene. On Monday, the American rapper Snoop Dogg revealed that he is an avid collector of NFTs. Snoop claims to be a pseudonymous Twitter account dubbed “Cozomo de’ Medici,” an online character known to hold millions of dollars in NFTs. Snoop Reveals His Pseudonymous Twitter Account This past Monday, Snoop Dogg revealed on Twitter that he is “Cozomo de’ Medici” an NFT…

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GOP grasps in vain for unity on Afghan refugee message

As the U.S. resettles tens of thousands of Afghan refugees following a frenetic military withdrawal that Republicans condemned, their party is still struggling for a unified response. The Donald Trump-inspired right flank of the party is veering toward an anti-refugee message with nativist undertones, warning that assistance to Afghans fleeing their nation’s fall to the Taliban risks an influx of unvetted new arrivals. And the political oxygen that small but vocal number of Republicans consume is overshadowing colleagues with a more nuanced take on the impending refugee crisis. A government…

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Burger King Launches ‘Keep It Real Meals’ NFT Campaign With Digital Collectibles Market Sweet

On Tuesday, the fast food restaurant chain Burger King announced the company has launched a non-fungible token (NFT) campaign called the “Keep It Real Meals” initiative. The campaign is in collaboration with the NFT marketplace Sweet and will feature celebrities like Nelly, Anitta, and LILHUDDY. Six Million Meal Boxes With Burger King NFTs The NFT marketplace Sweet has revealed a partnership with fast food giant Burger King on Tuesday. Burger King has entered the NFT fray and the new campaign is quite different from other NFT concepts. The Burger King…

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US Sanctions Russian Crypto Broker Suex for Laundering Millions in Illicit Funds

The U.S. Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for its money laundering activities. The platform is suspected of processing hundreds of millions of dollars in crypto transactions related to scams, ransomware attacks, darknet markets, and the infamous BTC-e exchange. OFAC Adds Russian Crypto OTC Exchange Suex to Blacklist The Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury has added Suex to the Specially Designated Nationals and Blocked Persons (SDN) List. The move, announced Tuesday, effectively prohibits U.S. citizens from engaging…

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South Africa Ransomware Attack: Justice Department Denies Receiving 50 BTC Ransom Demand

South Africa’s Department of Justice and Constitutional Development (DOJCD) has denied claims that it has received a 50 bitcoin ransom demand from hackers that attacked its systems on September 6, 2021. Reports of Ransom Demand Deemed ‘Completely Untrue’ Instead, the DOJCD insists that its tech experts, “industry partners and selected organs of state have been working hard to contain the problem and to restore systems affected by the ransomware attack.” Consequently, the department stated in a tweet that an article published by Mybroadband on September 20, is, therefore “completely untrue.”…

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Mars4 Explodes on MISO Launchpad

Mars4 – centered ecosystem where you can explore a virtual Mars Metaverse, own and customize your land property with MARS4 dollars and even reap the rewards of the world’s first revenue-generating NFT! Attractive tokenomics of Mars4 leverages NFT Mars Land, Gamification and Token Redistribution.Mars4 is a unique metaverse. The Mars4 project’s development team has modeled their detailed 3D map of Mars’ terrain after NASA’s Mars data. Think of it as Mars’ equivalent of the 2001 Google Earth 3D map. Mars4 NFT owners can take a virtual trip to Mars and…

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Messari Founder Ryan Selkis Announces Senate Run for 2024 — ‘Enough Talk’

Ryan Selkis, the founder of Messari, a cryptocurrency research company, has announced he will be running for the U.S. Senate in 2024. The entrepreneur made the announcement on Twitter after finding out one of the speakers at Messari’s Mainnet conference, whose identity could not be confirmed, was served with a subpoena by the SEC. This is one of the first serious political bids that a crypto entrepreneur has made in the U.S. Messari CEO Ryan Selkis Announces Senate Bid for 2024 Ryan Selkis, founder and CEO of Messari, a crypto…

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Biden finds few good options or allies on Haitian migrant buildup

The thousands of Haitians massing at the U.S. southern border has put the Biden administration in the exact place it’s tried to avoid: knee deep in immigration politics. In the past 24 hours, the White House has responded to images and videos of aggressive tactics used by Border Patrol agents to corral those migrants by supporting an internal investigation into the matter. What it hasn’t done, yet, is figure out a solution to the crowding and sanitary issues arising in what’s become a makeshift encampment — or stop its policy…

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Biden set to play peacemaker for warring Democratic factions

The two fractious wings of Speaker Nancy Pelosi’s caucus are tumbling toward intraparty war. President Joe Biden is hoping to head off disaster. Biden will hold a series of meetings with key Democrats Wednesday, including Pelosi and Senate Majority Leader Chuck Schumer as party leaders try to salvage their two-part domestic agenda — a massive social safety net expansion and bipartisan infrastructure bill — amid a fresh round of hostage-taking from centrist and progressive members. “I hope he is the secret sauce,” House Majority Leader Steny Hoyer said of Biden.…

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Minneapolis touched off a national reckoning. Now it’s putting ‘defund the police’ to a vote.

The “defund the police“ movement got its start in Minneapolis last year. It might meet its end there in November. Minneapolis voters will decide then whether to adopt an amendment to the city’s charter that would limit the size, scope and influence of its police department, a first-of-its-kind measure sparked by the 2020 killing of George Floyd by Minneapolis police officer Derek Chauvin. The mayor who would help spearhead those reforms is also on the ballot: incumbent Mayor Jacob Frey, who is facing a slate of nearly 20 challengers, including…

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The porn industry turns to K Street to fight Trump-fueled Internet regulations

The porn industry needs protection. From Congress, that is. A trade organization for the adult entertainment industry has hired a D.C. lobbying firm to build its relationships with lawmakers and to advocate on behalf of key policies that affect the industry. Most notably it is trying to beat back major changes to Section 230 of the Communications Decency Act — a shield for internet platforms that safeguards them from liability for what their users post. The provision has become a flashpoint for conservatives after former President Donald Trump seized on…

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What Congress Forgets About the Debt Limit

Sometime next month, the United States will run up against its statutory debt limit. Unless Congress raises the ceiling, the federal government will either default on the national debt or be compelled to freeze critical domestic and defense initiatives — or possibly, even both. The Biden administration has asked Congress to raise the debt limit, meeting what was once a routine responsibility of governing. But Republicans in Congress have refused. Given the minority’s ability to block nearly all legislation in the Senate, they have the power to hurl the country…

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Iranian Lawmakers Oppose Crypto Restrictions, Call for Supportive Regulations

Members of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption of friendlier regulations. Iranian MPs Urge for Change in Crypto Policies After Research Some parliamentarians in Iran have set out to change the government’s regulatory attitude towards cryptocurrencies, citing opportunities to use them to improve the nation’s sanctioned and troubled economy. “Taking a restrictive approach only pushes innovative solutions underground,”…

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Argentinian Exchange Ripio Raises $50 Million in Latest Funding Round Led by DCG

Ripio, a Latin American (Latam) exchange headquartered in Argentina, raised $50 million in its latest funding round, led by Digital Currency Group (DCG). The exchange, which has a stronghold in countries like Argentina and Brazil, will use these new funds to further expand to new countries in the area and consolidate its spot as one of the pioneering companies in the crypto exchange business. Ripio Gets $50 Million in Series B Funding Round Ripio, one of the biggest cryptocurrency exchanges in Latam, has raised $50 million in its series B…

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Joe Biden keeps Boris Johnson guessing

WASHINGTON — Joe Biden likes to play hard to get with Boris Johnson — but shows just enough love to keep the “special relationship” between the U.K. and U.S. alive. The Biden White House hasn’t forgotten how Johnson cozied up to former President Donald Trump, who embraced Brexit. Nor can it ignore the British prime minister’s history of eye-opening comments about U.S. political figures linked to Biden. He once questioned whether former President Barack Obama’s part-Kenyan ancestry predisposed him to a “dislike of the British Empire” and compared former Secretary…

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Opinion | Why Sane Republicans Are Purging Themselves

Anthony Gonzalez leaves no doubt about what he thinks about Donald Trump and his impact on the GOP. The former president, he says, is like a “cancer,” and he has turned his party into a toxic and hostile environment. “I don’t believe he can ever be president again,” he said. But if Trump is the one supposedly headed for the exit, why is it Gonzalez who announced he would not seek reelection? Last week, Gonzalez (Ohio), the 37-year-old former rising star, announced that he wouldn’t stay and fight his Trump-backed…

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Crypto Exchange Binance Ceases Derivatives Trading in Australia

Amid regulatory scrutiny worldwide, global cryptocurrency exchange Binance has announced that it will cease offering futures, options, and leveraged tokens to Australian users in 90 days. Changes Coming to Binance Australia Cryptocurrency exchange Binance announced some changes to its offerings in Australia Tuesday. The exchange will cease offering futures, options, and leveraged tokens to existing Australian users. Binance explained: Effective from 2021-09-24 09:00 AM (UTC), existing Australian users will have 90 days to reduce and close their positions for these products. “Users will be able to top-up margin balances to…

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House sends shutdown patch, debt fix to Senate demise

The House passed a fiscal rescue package Tuesday night intended to prevent a government shutdown at month’s end and a U.S. debt default in the coming weeks — if only Senate Republicans would go along. Succeeding in a 220-211 vote, the stopgap funding bill now heads to the Senate, where GOP leaders say their ranks will sink the plan because it includes a waiver of the nation’s borrowing cap. If Senate Republicans stick to their threat, top Democrats will be forced to scrap the debt remedy or risk a federal…

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Shutdown, default odds increase as GOP buckles up to block debt limit hike

Lisa Murkowski isn’t fully comfortable with her fellow Republicans’ stance on the debt ceiling, which could risk a U.S. debt default or a government shutdown. She recognizes, however, that she’s something of a unicorn. “I always look carefully at things that will tie or limit our ability to address things on the [government funding] side. So, I probably take a different view of it than different colleagues,” Murkowski said on Tuesday, referring to the possibility that the debt ceiling conflict causes a shutdown next week. The moderate senator is one…

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