Month: November 2021

Trump allies launch a MAGA publishing house with an eye on profit and intel

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Allies of former President Donald Trump are trying to rip up the traditional book publishing paradigm in politics by setting up a publishing house of their own. And they have the ex-president helping them do it. Trump announced last week that he was publishing a coffee table book of photographs from his time in the White House — just ahead of the holiday gift rush — with Winning Team Publishing. The outfit is a new imprint with a decidedly MAGA flavor, run by former Trump campaign aide Sergio Gor and…

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Jan. 6 panel hasn’t subpoenaed lawmakers’ communications yet — but still plans to

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The Jan. 6 select committee has not subpoenaed the phone records of any members of Congress but is likely to do so, multiple people familiar with the panel’s work told POLITICO. Seizing lawmakers’ private communications would be a controversial decision, one that’s already sparked preemptive resistance from House Republicans, and investigators are proceeding carefully as they weigh their next steps. The panel is homing in on a limited number of GOP lawmakers with whom rally-goers claim to have communicated. The committee has moved rapidly on a host of other targets,…

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TabTrader Token Is Launching on AcceleRaytor and Solanium

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PRESS RELEASE. Amsterdam, the Netherlands, 29th of November, 2021: TabTrader is excited to announce the launch of our own token (TTT) on Solanium and AcceleRaytor on December 1 🚀, aspiring to be the ‘ultimate trading terminal’; we are now on the way to drastically expand. DeFi is the future and TabTrader 2.0 makes sure to be a part of it! Following a recent closing of an $5.8 million equity round, TabTrader is ready to launch TTT to incentivize trading and accrue value for token holders. By participating in the IDO,…

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Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal

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After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose acquisition company (SPAC) deal. Griid will be listed on the New York Stock Exchange (NYSE) after merging with the company Adit Edtech. Griid to Go Public in a Merger With Adit Edtech Acquisition Corp Griid Infrastructure currently operates three U.S.-based mining facilities and aims to have 734 megawatts (MW) operational by 2023. On Tuesday, the company announced it entered a…

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Galaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’

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Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in January 2018, aims to use the funds to “accelerate growth initiatives across its business lines.” Galaxy Reveals Exchangeable Senior Note Offering The investment firm Galaxy Digital (TSX: GLXY) aims to raise $500 million via an exchangeable senior note offering. The convertible debt will be used to continue expanding the business. Galaxy details that the private placement will close in early…

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Appeals court judges poised to reject Trump’s effort withhold Jan. 6 documents

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Three federal appellate judges appear likely to reject Donald Trump’s effort to block Jan. 6 investigators from obtaining his White House records — a big potential boost for lawmakers hoping to reveal the former president’s actions as a mob of his supporters attacked the Capitol. “We have one president at a time under our constitution,” said Patricia Millett, one of the three judges on the D.C. Circuit panel that heard arguments Monday in the high-profile fight. “That incumbent president … has made the judgment and is best positioned, as the…

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Jan. 6 defendants’ grand jury testimony helped prosecutors charge Capitol Police officer

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A charter boat captain who breached the Capitol on Jan. 6 became a crucial grand jury witness who helped the Justice Department charge a Capitol Police officer for seeking to obstruct the investigation into the attack. Jacob Hiles, who pleaded guilty to his role in the Capitol riot, testified to a grand jury in October, just before two charges of obstruction of justice were leveled against Capitol Police officer Michael Riley, a 25-year veteran of the force. Riley resigned late last month. Prosecutors say Riley — who didn’t know Hiles…

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Finance Committee Approves Legislation Delaying Crypto Tax in South Korea

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Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks to delay Seoul’s plan to impose a 20-percent levy on gains from crypto transactions. Ahead of Election, Major Parties Support Tax Break for Crypto Investors in South Korea South Korean parliament is taking steps to suspend a planned tax on profits from digital asset investments for another year. The move has been supported by the ruling Democratic Party, despite disagreements…

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Jack Dorsey Resigning as CEO of Twitter Is Bullish for Crypto, Says Fundstrat

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Twitter now has a new chief executive officer after Jack Dorsey resigned Monday. Dorsey, who is still the CEO of Square Inc., previously said that he wants to focus on bitcoin. Fundstrat Global Advisors’ managing director and head of research explained why Dorsey’s departure from Twitter is bullish for crypto. Twitter Has New CEO: Jack Dorsey Steps Down Jack Dorsey announced Monday that he has resigned from Twitter. In his letter to the Twitter team, the former CEO explained that it was his decision to leave. Parag Agrawal, who served…

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‘A post-Roe strategy’: The next phase of the abortion fight has already begun

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The Supreme Court on Wednesday will consider the half-century-old legal precedent guaranteeing the right to abortion. And while a decision isn’t expected to come until well into next year, activists on both sides of the fight are already mobilizing for a new reality, one where people in half the country must either leave their state to seek an abortion or surreptitiously end a pregnancy on their own. The expectation from all corners is that the conservative supermajority of justices would not have agreed to consider a Mississippi law prohibiting abortion…

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RChain and Hoo: The Arrow Has Already Been on the String

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On November 27th, 2021, RChain‘s founder Greg Meredith and blockchain scientist Atticbee were invited as guests to an AMA hosted by the Hoo Exchange. Hoo is a Dubai based innovation driven crypto exchange and has their in-house developed public chain, HSC, built for the global cryptocurrency market. In this session, Greg Meredith and Atticbee shared the latest developments in RChain and remarkable ideas about the future of the blockchain and metaverse. Built as A Coordination Technology, Instead of Payment Platform According to Greg, RChain focuses on blockchain as a coordination…

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‘NFT’ Chosen as 2021’s Collins English Dictionary ‘Word of the Year’

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As 2021 nears its end, the firm Harpercollins, the publisher behind the printed and online Collins English Dictionary, has revealed “The Collins Word of the Year.” According to collinsdictionary.com, the word of the year is the abbreviation for non-fungible token, otherwise known as “NFT.” Collins English Dictionary Word of the Year Is NFT Non-fungible token (NFT) collectibles have obtained a nod from the publishing team behind the Collins English Dictionary. The unabridged Collins English Dictionary is published by the company Harpercollins and was the first dictionary that was typeset using…

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Report: Nigerian Fintechs Account for Nearly 91% of $417.5 Million Raised by Tech Startups in the Country

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According to an analysis of the $417.5 million that was raised by Nigerian tech startups during the first nine months of 2021, fintech firms accounted for about $379 million or 90.78% of the total. Nigerian Fintechs Dominate the African Continent Nigerian fintechs currently account for more than 90% of the $417.5 million that was raised by tech startups during the first nine months of 2021, a local report has said. While the report, which was compiled by local media outlet Punch, notes that the $417.5 million is already significantly higher…

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Covid looms over Biden’s presidency, once more and always

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The White House can’t shake Covid-19. President Joe Biden was elected a year ago to manage an out-of-control pandemic, and he secured some undeniable early triumphs by steering a massive Covid relief bill through Congress while ramping up a vaccine distribution program to get shots into the arms of tens of millions of Americans. But right as the president was celebrating progress in the pandemic fight over the summer, the Delta variant sent cases surging, rattling the nation’s economy, and sending the president’s poll numbers tumbling. Now the sudden emergence…

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AMC and Sony to Gift NFTs to ‘Spider-Man: No Way Home’ Advance Opening Ticket Buyers

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The theatre chain AMC and Sony Pictures are offering NFT’s as a present for early buyers of tickets for the “Spider-Man: No Way Home” movie premiere. These tickets (and the opportunity to reclaim the gift NFTs) will only be available for users of AMC’s different subscriptions in its app (AMC Stubs A-List, Premiere, or Investor Connect). The NFTs will be issued on top of the Wax blockchain, and only 86,000 NFT’s will be available. ‘Spider-Man: No Way Home’ Gets the NFT Treatment AMC has partnered with Sony to offer NFTs…

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Pocketcoin (PKOIN) Is Now Available for Purchase With Visa/Mastercard and 19 Different Cryptos

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Pocketcoin (PKOIN) is a Proof-of-Stake token that is used decentralized advertising, boosting posts and featuring comments on the decentralized crypto social platform Bastyon․com. PKOIN also gives users specific privileges while using Bastyon․com social platform and is used for node staking. Authors also earn crypto for their content on Bastyon․com. And now Pocketcoin is available for purchase on https://buy.pkoin.indacoin.io/ for Visa/Mastercard through a newly announced Indacoin integration. PKOIN is also available on a number of exchanges including DigiFinex and Bitforex, and for purchase for 19 different cryptos at https://pkoin.net/ Recent Growth…

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Budweiser Launches 1,936 NFT Cans, Bud-Themed Marketplace Gets Bogged Down With Traffic

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The popular American-style pale lager produced by Anheuser-Busch, Budweiser announced on November 29, that the firm planned to issue a series of 1,936 non-fungible token (NFT) collectibles. Following the Bud-themed NFT market launch, the web portal experiences some hiccups. Budweiser Issues NFT Beer Can Collection — NFT Cans Give Access to the ‘Budverse’ At the end of August, the crypto community discussed the popular American beer brand Budweiser purchasing an NFT crafted by Tom Sachs called “Life of the Party.” Moreover, Budweiser also acquired the Ethereum Name Service (ENS) domain…

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Fed Chair Jerome Powell Could ‘Slow Crypto Down’ in His Second Term, Warns Billionaire Mike Novogratz

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Billionaire investor Mike Novogratz has cautioned that Federal Reserve Chairman Jerome Powell could slow down the crypto market in his second term in office. Commenting on his renomination, Novogratz said Powell could “act more like a central banker than a guy that wants to be reappointed.” How Jerome Powell’s Second Term as Fed Chair Could Impact Crypto Billionaire investor Mike Novogratz, CEO of Galaxy Digital, talked about the impact the renomination of Jerome Powell as the Federal Reserve chairman for another term could have on the crypto market on CNBC…

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Democrats’ December dread builds after defense stumble

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Senate Democrats’ daunting year-end agenda started off with a face plant on a routine, popular defense bill. That was supposed to be the easy part. Senate Republicans’ Monday blockade of the annual defense legislation over lack of amendment votes presaged a bitingly difficult December for Democrats’ slim Senate majority. Top of mind is clinching President Joe Biden’s $1.7 trillion spending package, which can pass with only Democratic votes and is expected to move after the routine defense bill. Simultaneously, the House and Senate need to fund the government past Friday…

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Republicans stall defense bill over amendment dispute

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Must-pass defense policy legislation hit a fresh snag in the Senate on Monday as Republicans blocked the bill from advancing, with no clear path to resolving a partisan dispute over amendment votes. An effort to cut off debate on the Senate version of the annual National Defense Authorization Act resulted in a 45-51 vote, well short of the 60 votes needed to move the legislation forward. It’s the latest setback for the major defense policy legislation, which has little margin for error as House and Senate leaders aim to send…

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Twitter’s CEO is leaving. The storms that consumed his company won’t end.

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The partisan fury that consumed Twitter during much of Jack Dorsey’s tenure as CEO immediately transferred to his hand-picked successor on Monday — especially from the right. Conservative activists and lawmakers heaped attacks on new CEO Parag Agrawal for a caustic 11-year-old tweet condemning anti-Muslim bigotry and some of his past remarks about free speech. Democratic lawmakers, meanwhile, said they’re still looking for the company to clean up its handling of ills such as disinformation, hate speech and invasions of privacy. Whatever direction Twitter takes post-Dorsey, the social media platform…

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Crypto Exchange Kraken Now Supports Shiba Inu — SHIB Trading to Begin Tomorrow

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Cryptocurrency exchange Kraken has announced support for the meme cryptocurrency shiba inu (SHIB). Deposits are now live and SHIB trading is expected to commence on Tuesday. The price of SHIB surged following Kraken’s announcement. SHIB on Kraken: Deposits Now Live, Trading Set to Begin Tomorrow Crypto exchange Kraken announced Monday that shiba inu (SHIB) deposits are live and trading is expected to start Tuesday. The exchange wrote: We’re thrilled to announce that Kraken now supports shiba inu (SHIB). “Funding is live, and we anticipate trading will begin tomorrow, November 30…

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Islamophobia controversy worsens after Boebert calls Omar

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The Islamophobia controversy engulfing Rep. Lauren Boebert escalated to a full boil Monday after the Colorado Republican went after Rep. Ilhan Omar in a video following a tense phone call between the two. Boebert claimed in a video that she sought to deescalate tensions with Omar after a video circulated on social media last week of the conservative lawmaker making anti-Muslim remarks, calling Omar a member of the “jihad squad” and saying the Minnesota Democrat was safe to ride with in a Capitol elevator so long as she wasn’t wearing…

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Microstrategy Buys 7,002 More Bitcoins, Growing Crypto Stash to 121,044 BTC

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Microstrategy has purchased 7,002 more bitcoins, growing its cryptocurrency stash to 121,044 coins. CEO Michael Saylor says, “Bitcoin is the only property you can truly own, as well as the first technology capable of granting property rights to everyone on earth.” Microstrategy Now Has 121,044 Bitcoins in Its Treasury The Nasdaq-listed company Microstrategy has purchased 7,002 more bitcoins. CEO Michael Saylor tweeted Monday: Microstrategy has purchased an additional 7,002 bitcoins for ~$414.4 million in cash at an average price of ~$59,187 per bitcoin. As of 11/29/21 we hodl ~121,044 bitcoins…

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Security Focused DeFi Project EverRise Upgrades Protocol and Launches on 3 Blockchains

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PRESS RELEASE. EverRise, the DeFi project that introduced the concept of buybacks in cryptocurrency, is going live with an upgraded version 2 contract on Monday, November 29th at 11:00 pm UTC. The new RISE token will be available on the Binance Smart Chain, Ethereum, and Polygon networks through PancakeSwap, UniSwap, and QuickSwap, respectively, with one supply across the three blockchains and balanced initial liquidity pools. This is the first time a token has launched on three chains at the same time and marks the first time the RISE token will…

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Google Alerts Users About Malicious Actors Using Cloud for Cryptocurrency Mining

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Google has warned users about the use of its Google Cloud platform by malicious actors to mine cryptocurrencies. In its latest Cloud Threat Intelligence report titled “Threat Horizons,” which provides users with security insights, the company informed that 86% of the compromised instances on Google Cloud platforms were being used to mine cryptocurrencies. Most of the accounts compromised were secured with weak passwords or with no password at all. Google Cloud Used to Mine Cryptocurrencies Software giant Google is alerting users about malicious actors using compromised Google Cloud accounts for…

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Biden: Omicron ‘a cause for concern, not a cause for panic’

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President Joe Biden on Monday announced plans to release a detailed plan to “fight Covid this winter” on Thursday, working to project calm amid rising global concerns over the new Omicron variant of Covid-19. The president said his administration will take action against the Omicron variant “not with shutdowns or lockdowns, but with more widespread vaccinations, boosters, testing and more.” “This variant is a cause for concern, not a cause for panic,” Biden told reporters at the White House. The Omicron variant was first detected in South Africa but has…

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Opinion | Why A ‘Sister Souljah Moment’ Won’t Save Biden

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Joe Biden needs a “Sister Souljah Moment.” At least, that’s according to the quickly congealing conventional wisdom in Washington. That is, Biden and Democrats are in dire danger of losing control of Congress next year, and the one thing that could save them would be by bashing someone to Biden’s left on matters of race. The latest call came from Max Boot at the Washington Post, but he’s hardly the only columnist to make such a plea. Earlier this month, Kyle Smith at National Review called upon Biden to denounce…

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Dems want Biden to start swinging at Republicans. Allies aren’t sure he can.

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Joe Biden spent much of his first year in office proving he could still work across the aisle. Now, with the second year approaching, Democrats want him to turn up the heat on Republicans. WIth the bipartisan infrastructure bill signed into law, Democratic lawmakers and party leaders say Biden needs to relentlessly hammer GOP lawmakers for opposing his economic priorities and hampering progress on the pandemic and inflation. “The president is in an awkward position [because] to get things done outside of reconciliation will require Republicans,” said Robert Gibbs, who…

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