El Salvador Buys More Bitcoin: 420 BTC Added to Treasury

El Salvador, the country that made bitcoin legal tender alongside the U.S. dollar, has bought the dip again. The Salvadoran government has purchased a total of 1,120 bitcoins, currently worth more than $68 million. El Salvador’s Bitcoin Holdings Grow El Salvador has bought the dip again, taking advantage of the falling price of bitcoin on Wednesday. President Nayib Bukele tweeted: “It was a long wait, but worth it. We just bought the dip.” At the time of writing, the price of bitcoin is $61,129, down from an all-time high of…

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White House unveils its framework as Biden seeks to unite fractious Dems

President Joe Biden’s White House outlined a framework for $1.75 trillion in social spending on Thursday morning as Biden prepares to sell a pared-back deal to resistant progressives in a high-stakes appearance on Capitol Hill. Biden will join House Democrats’ caucus meeting and pitch them on a package of climate, health care and other social policy investments that has yet to win clear liberal buy-in. Also hanging in the balance as Biden makes his move is a $550 billion bipartisan infrastructure bill that’s languished in the House for months. Even…

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Sinema reached prescription drug negotiation deal with Biden

Kyrsten Sinema struck an agreement on prescription drug pricing with President Joe Biden as part of Democrats’ social spending talks, though it’s at risk of ultimately being excluded as the party tries to reach a deal that can pass. The Arizona Democrat was somewhat reluctant to strike a deal on prescription drug price negotiation, a key campaign plank for many Democrats. But a source familiar said the president and Sinema were able to see eye to eye in the end. “Sinema struck a deal with President Biden to include Medicare…

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Islamic Organization in Indonesia Issues Fatwa Against Cryptocurrency

A provincial branch of one the largest Islamic organizations in Indonesia has declared cryptocurrency “haram,” or forbidden under religious law. The decision came after a “heated discussion” joined by a crypto expert who was invited to explain in detail the practice of using digital coins. Cryptocurrency Deemed ‘Haram’ in Indonesia The local branch of the Indonesian religious organization Nahdlatul Ulama in East Java has recently issued a fatwa on the status of cryptocurrencies under Islamic law. According to the nonbinding opinion, digital currencies secured by cryptography and used as a…

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Guild of Guardians Is a Stunning Multiplayer RPG Where You Play to Earn Epic NFT Rewards

Guild Of Guardians is a multiplayer RPG where players earn epic rewards. The project has top tier partners such as Ubisoft and one of the largest and most well-funded, VC-backed teams building NFT games. The developers have big ambitions for disrupting the $100 billion mobile gaming industry by creating a quality experience that is both fun to play and allows everyone to earn real money. With over 240,000 followers, the project also has one of the largest communities in the space despite still being in the prelaunch stage. Meet the…

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CBDC Could Increase Nigeria’s GDP by $29 Billion in 10 Years: President Buhari

The Nigerian president, Muhammadu Buhari, suggested in a recent speech that the new e-naira central bank digital currency (CBDC) could lead to an increase in the value of his country’s GDP by $29 billion in ten years. Africa’s First CBDC President Buhari made bold remarks in his speech at Monday’s launch of the e-naira CBDC, stating: “Indeed, some estimates indicate that the adoption of CBDC and its underlying technology, called blockchain, can increase Nigeria’s GDP by US$29 billion over the next 10 years.” In addition to boosting Nigeria’s GDP, President…

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Biden is getting dragged in the polls. That hasn’t stopped Dems from sticking by him.

The last time Virginia and New Jersey elected governors in 2017, then-President Donald Trump was nowhere to be found. With his approval rating below 40 percent, neither GOP nominee wanted him anywhere near their campaigns. Fast forward four years and Joe Biden’s poll numbers aren’t much better. Yet Democrats have welcomed Biden on the campaign trail. Virginia Democrat Terry McAuliffe and New Jersey Democratic Gov. Phil Murphy both appeared on stage with him this week. Elsewhere, other Democrats have been happy to greet the president upon his arrival in their…

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Virginia’s vote-counters are ready for a tight race that could take days to resolve

Recent polls have the high-stakes Virginia governor’s race as a neck-and-neck contest between Terry McAuliffe and Glenn Youngkin — and that means it could take days to determine the winner. The vast majority of Virginia’s votes are expected to be counted on Election Day, and the state has made improvements to election laws earlier this year that will likely expedite the election night process — including some changes made, at least partially, to prevent conspiracy theories about the count from taking hold. But exceedingly close elections can take longer to…

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Slovenia Launches Public Consultations on Crypto Taxation Law

Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted for public consultations this week, local media reports revealed. Slovenia to Amend Tax Rules for Cryptocurrencies The Finance Ministry in Ljubljana has opened public consultations on a draft law regulating cryptocurrency taxation, Slovenian media reported. The legislation is based on proposals made by the Financial Administration of the Republic of Slovenia (FURS), which were announced in August of this year.…

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Trump suggests he might drop a bomb on the Va. gov race. Then leaves.

Donald Trump’s proclamation that he’d “soon” visit Virginia as the state’s gubernatorial race comes to a close was so unexpected that few outside his inner orbit knew it was coming and the Republican candidate’s own campaign was left searching for details. Aides to Glenn Youngkin, who is in the last week of a tight race against Democrat Terry McAuliffe, said they were caught off guard by the former president’s Wednesday afternoon statement. Trump confidants, meanwhile, were initially coy about whether he was being serious, with staff noting his penchant for…

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Indian Crypto Regulation Is Planned for February: Report

The Indian government is reportedly planning to introduce cryptocurrency regulation by the time of the next general Budget, which is in February next year. Instead of banning cryptocurrencies, like bitcoin, the government is likely to regulate crypto assets as commodities, according to reports. Indian Crypto Law Could Comes as Early as February The Indian government is planning to introduce cryptocurrency regulation in February next year, local news outlet Business Today reported, elaborating: Finance Ministry officials have told Business Today Television that a law for cryptocurrencies would most likely come around…

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International Operation Dark Huntor Seizes $31.6 Million in Cash and Cryptocurrencies, 150 Arrested

Operation Dark Huntor, a coordinated international effort on three continents to disrupt opioid trafficking on the darknet, has led to the arrests of 150 people. According to the Federal Bureau of Investigation (FBI), the operation has also resulted in the seizure of over $31.6 million in cash and cryptocurrencies. Operation Dark Huntor: 150 Arrests, Crypto and Cash Seized The U.S. Department of Justice (DOJ) announced Tuesday that “Operation Dark Huntor” has resulted in 150 arrests worldwide. In addition, over $31.6 million in cash and cryptocurrencies were seized. The DOJ described…

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Dems’ last-ditch immigration gambit loses steam

Democratic immigration reform advocates could see their bleak best-case scenario play out as soon as Wednesday, getting their goals into a social spending deal — only to run into yet another Senate rules roadblock. As the White House closes in on an agreement with Sens. Joe Manchin (D-W.Va.) and Kyrsten Sinema (D-Ariz.) on a $1 trillion-plus social spending plan, multiple Democratic lawmakers say the outlook is not good for immigration’s inclusion in any deal. But even if Democrats make a third attempt at adding a path to legal status for…

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Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets

A group of U.S. banking regulators is working on how banks can be allowed to offer crypto services and hold cryptocurrencies on their balance sheets. The chairman of the Federal Deposit Insurance Corporation (FDIC) said, “If we don’t bring this activity inside the banks, it is going to develop outside of the banks … The federal regulators won’t be able to regulate it.” US Regulators to Set Clear Rules for Banks to Deal With Crypto Jelena McWilliams, the chairman of the Federal Deposit Insurance Corporation (FDIC), told Reuters in an…

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Adobe Jumps Into Non-Fungible Token Ecosystem With ‘Prepare as NFT’ Photoshop Tool

Adobe Inc., the American multinational computer software company that’s well known for its platforms like Photoshop and Illustrator, has jumped into the non-fungible token (NFT) universe. According to Adobe chief product officer Scott Belsky in a recent interview with The Verge, “NFTs will change creativity.” New Adobe Photoshop Tool Will Assist NFT Creators in ‘Packaging and Preparing, Along With the Attribution Capabilities’ The software company Adobe has launched a Photoshop tool that allows creators to pre-construct the images for non-fungible token (NFT) applications. On October 26, Scott Belsky, Adobe’s chief…

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PlanetWatch Announces Listing of PLANETS Token on Bitmart

PRESS RELEASE. PlanetWatch, a French start-up which decentralizes and incentivizes environmental monitoring, announced that its utility token, PLANETS, will be listed on Oct. 22 on Bitmart. Claudio Parrinello, PlanetWatch’s CEO said: “PlanetWatch is experiencing explosive growth. With over 6,000 sensors already deployed worldwide, we are happy to see PLANETS becoming available worldwide via multiple exchanges.” PlanetWatch is revolutionizing the way people measure air quality and other environmental parameters by leveraging the Algorand Blockchain, IoT-enabled sensors and AI-based data analysis. Dense sensor networks can be activated in any city quickly and…

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Biden closes in on deal with Manchin, Sinema as liberals wince

Joe Manchin and Kyrsten Sinema left a two-hour meeting with White House officials seemingly on the verge of an agreement to advance President Joe Biden’s domestic agenda — depending on whether their fellow Democrats sign on. Though a breakthrough would deliver Democrats a major momentum boost after months of dragging debate, Manchin underscored that the rest of his 50-member caucus would need to sign off. Sen. Bernie Sanders (I-Vt.), for one, has objected to the possible exclusion of his Medicare expansion proposal from a deal. “It’s really up to the…

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Video Game Retail Giant Gamestop Seeks a Senior Engineer for Blockchain NFT Platform

The American video game, consumer electronics, and gaming merchandise retailer, Gamestop, is seeking a non-fungible token (NFT)-focused senior software engineer, according to a new job listing. Similar to the recent job listing stemming from the social media services company Reddit, the retail giant Gamestop seems to be building an NFT marketplace. Gamestop Looks to Hire Engineer to Join Company’s NFT/Blockchain Team On October 25, the corporate entity Gamestop, a retail chain of video game merchandise and consumer electronics, published a job listing seeking a senior software engineer for a possible…

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Wu-Tang Clan’s Unreleased Album Changes Hands From Martin Shkreli to an NFT Art Collective

After fighting in court since 2015, the former hedge fund manager Martin Shkreli was sentenced to seven years in prison for conspiring to commit securities fraud and he was forced to pay $7.4 million in fines. One of Shkreli’s prized possessions, an unreleased Wu-Tang Clan album, was seized by the U.S. Marshals and sold for $4 million. Just recently, the public was told that the unreleased record called “Once Upon a Time in Shaolin” was sold to the non-fungible token (NFT) collectors syndicate called “Pleasrdao.” The New Owners of ‘Once…

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The Many Facts That Indicate Bitcoin’s Creator Satoshi Nakamoto Won’t Ever Come Back

On January 3, 2022, the Bitcoin network will be celebrating its 13th year of life after its creator Satoshi Nakamoto kick-started the protocol. The creator of Bitcoin has always been the community’s most famous and mysterious character. Roughly ten years ago, Satoshi logged off, never to return and it’s very likely the inventor won’t ever come back. Communication Breakdown Satoshi Nakamoto invented the Bitcoin network and released the technology’s white paper on Halloween (October 31) 2008. The paper was authored by “Satoshi Nakamoto” using the email “satoshin@gmx.com” and the creator…

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A fear grows in Trumpworld: Have we gone too conspiratorial?

For months, conspiracies about the 2020 election being stolen from Donald Trump have fueled Republican efforts nationwide to rewrite election laws. But now, some GOP operatives and Trumpworld luminaries are worried that the truly wild conspiracists may be mucking it all up. Hogan Gidley, one of Donald Trump’s top lieutenants, took a subtle dig at some Trump allies and put some distance between their efforts and his group’s work on election reform. Other Republicans have expressed fears that talk of “audits,” machine rigging and foreign plots will depress voter turnout…

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‘Threats of violence’: School boards curb public comments to calm raucous meetings

TALLAHASSEE — Parents in one Kentucky school district must communicate with their school board via email after a meeting devolved into a shouting match. In northern Virginia, school officials restricted who is eligible to speak at their meetings. A Florida school board is considering shortening public comment to one minute per person. School leaders nationwide are beginning to eye ways to rein in public commentary at local meetings in an effort to quell raucous crowds over hot-button issues like mask mandates and critical race theory. The potential changes could add…

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Jan. 6 investigators postpone push for some Trump records

The Jan. 6 select committee is temporarily backing off a request for about 50 pages of Trump White House records, even though the National Archives concluded the documents were relevant to the panel’s investigation. Lawmakers and aides say they want to avoid a complicated and possibly protracted negotiation over documents related to the Capitol attack that might be legitimately shielded by executive privilege, attorney-client privilege or other reasons. House investigators intend to seek the documents later but opted to “defer” the request after talks with President Joe Biden’s White House.…

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Bitcoin ATMs Double This Year, Exceed 30,000 Globally

Locations providing crypto ATM services have increased exponentially this year, according to data compiled by a major tracking site. Bitcoin ATMs have doubled in number since January and close to 80 countries now host teller machines exchanging cryptocurrencies with fiat money. Over 30,000 Bitcoin ATMs Operate Around the World In a year when cryptocurrency markets broke all-time highs, the availability of digital coins has increased and bitcoin ATMs have contributed greatly. Their number has recently exceeded 30,000 — more than double the count at the beginning of 2021. Data collected…

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The Legends of Bezogia Blockchain NFT Rental MMO Game Takes Gaming Industry by Storm

The Legends of Bezogia, the land where everything always goes up, is a massive open-world sandbox-style game where players can summon their own Bezogi characters from a large selection of different breeds by minting in-game NFTs, which randomly generate Bezogi. Each unique to their own playstyles and lore, Bezogi fight, craft and explore the epic lands of Bezogia. Crypto integrations in the gaming space are becoming ever more sophisticated and Bezoge Earth is taking this to the next level by making The Legends of Bezogia the most comprehensive gaming world…

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Nigerian Judge Rules in Favor of Accused Crypto Startup, Accounts to Be Reopened

A Nigerian Federal Court judge recently ruled that the two frozen bank accounts belonging to Rise Vest Technologies, which is accused of trading cryptocurrencies, must be reopened. CBN’s Bank Account Freeze Order Dismissed In a ruling that overturns the Central Bank of Nigeria (CBN)’s August 17 decision to freeze the bank accounts, Judge Taiwo Taiwo is quoted by The Nation insisting that the central bank could not simply rely on a mere circular when deciding to close an account. In addition, the news outlet quotes the judge explaining in his…

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Ukraine Security Service Busts Criminal Group Selling Bitcoin-Stealing Malware 

Law enforcement authorities in Ukraine have exposed a crime ring specializing in cryptocurrency theft and laundering of illicit funds for hackers. The gang, which provided services to clients on the darknet, has been dismantled as a result of a joint operation carried out with the United States. Cybercriminals From Ukraine Launder Millions, Offer Flash Drives With Crypto Malware The Cybersecurity Department at the Security Service of Ukraine (SBU) has recently identified a group of individuals who allegedly laundered tens of millions of dollars from darknet sources, the agency announced. The…

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Kyrsten Sinema’s Old Friends Aren’t Surprised

PHOENIX — Walk the streets of Kyrsten Sinema’s old stomping grounds, Phoenix’s artsy Roosevelt Row, on a busy Friday night and you might see a dozen or so Kyrsten Sinemas, none of them flattering. A local dance crew calling itself the Moderate Pixie Dream Girls, whose members dress in pink tutus and purple party wigs, perform on local street corners to protest the Arizona senator’s opposition to increasing the minimum wage or her resistance to immigration reform. Stickers at the hipster coffee shop anchoring the neighborhood feature her face on…

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Sinema steers Dems into uncharted territory on taxes

Rep. Richard Neal may be the chair of the House Ways and Means Committee, but these days Sen. Kyrsten Sinema (D-Ariz.) is the queen of tax — and her demands now have Democrats scrambling. Her push for more novel tax increases, rather than the slate of rate hikes Democrats had been banking on, is raising a host of complications lawmakers are scrambling to address. With their new billionaires tax proposal meant to placate Sinema, Democrats are building an entirely new tax regime on the fly, amid numerous questions over not…

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Wyden fills in details for ‘Billionaires Income Tax’

The Senate’s top tax writer unveiled plans to create a special new tax on the uber wealthy that he hopes Democrats will use to help pay for their next big spending package. Finance Chair Ron Wyden (D-Ore.) wants to begin requiring people with more than $1 billion in assets, or who earn more than $100 million in three consecutive years, to begin paying capital gains taxes each year on the appreciation in value of their assets, regardless of whether they are sold. Wyden figures it would hit around 700 people,…

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