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In 2021, Latin America and the Caribbean (LAC) received $127.6 billion in remittances, constituting an annual growth of 26% the highest registered in the past two decades, according to the Inter-American Development Bank. Most regions around the world are experiencing strong growth in remittances overall. The World Bank estimates showed remittance flows in 2021 increasing
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Benzinga traveled to Medellin, Colombia to attend Cosmoverse 2022. The event curated the brightest minds in the Cosmos ecosystemfrom developers putting carbon credits on-chain, to industry leaders in interchain security. Among the speakers at the conference was Ethan Buchman, CEO of Informal Systems and co-founder of Cosmos. Cosmos is a technology focused on interoperability, blockchain
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Elon Musk has closed his $44bn deal to take Twitter private, according to three people familiar with the matter, bringing an end to one of the most high-profile and dramatic buyout sagas in recent memory after months of legal wrangling between the world’s richest man and the social media platform. As the billionaire entrepreneur took
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Leading real estate investment platform Roofstock announced its first property sale via Ethereums blockchain. The transaction was enabled by Roofstock onChain (ROC), its web3 subsidiary and real estate brokerage alternative powered by a non-fungible token (NFT) marketplace built by Origin Protocol. While crypto sales of physical real estate have been sold before, this sale is
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