Web3 returns content rights to the author, enhances the security level, eliminates unfair censorship, ushers in transparency, automates the functioning of software and facilitates a creator economy. Thanks to the characteristics of Web3, businesses can take advantage of opportunities that are beyond imagination. Concepts like decentralization and permissionless cybersphere were just in sci-fi. Nonetheless, Web3
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Estate agents “Sold” and “For Sale” signs outside residential properties in the Maida Vale district of London, UK, on Thursday, June 30, 2022. Bloomberg | Bloomberg | Getty Images Demand for U.K. residential properties has nearly halved following September’s government budget that spooked financial markets and toppled the prime minister, research Monday showed. The fiscal
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Alameda Research withdrew over $200 million from FTX.US before it filed for bankruptcy, according to analysis from blockchain firm Arkham Intelligence disclosed on Nov. 25.  In a Twitter thread, Arkham revealed that Alameda Research, FTX’s sister company, pulled $204 million from eight different addresses of FTX US in a variety of crypto assets, the majority
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The legal challenges facing the Biden administration over its student loan forgiveness program is leaving borrowers in limbo as the White House is now forced to halt administering the program until the Supreme Court rules on the matter. Spirits among advocates were high when the program was announced in August, when Biden promised $10,000 in
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Risk appetite has perked up in the financial markets amid hopes of a Fed pivot. Cryptocurrencies, however, have been lagging, with the exception of a few coins. Dogecoin DOGE/USD was an outperformer among the top cryptocurrencies this week. What Happened: Doge started Mondays session around $0.077 and remained largely bound under the $0.082 level until
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Through the first week of November 2022, the Web Summit, hosted in Lisbon, Portugal, brought together over 70,000 technology-focused attendees from across the globe. Perspectives on the opportunities and challenges facing business, innovation, and government were discussed. Beyond speaking engagements, the Web Summit featured pitch competitions and afterparties, with one featuringDJsDavid Guetta and Armin Van
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If youre nuts about fintech, are new to the industry or even a seasoned pro, youll want to join the more than 1,000 attendees expected at this years Benzinga Fintech Deal Day & Awards. Make critical connections with successful fintech leaders. Meet more fintech business leaders in oneday than you would in a year. Its
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On Friday, Kris Marszalek, CEO of cryptocurrency exchange Crypto.com,announced that he would share a full audited proof of reserve. The dashboard view of the Crypto.com reserve, provided by Nansen, showed that over 20% of the exchanges reserve was held in Shiba InuSHIB/USD tokens, a speculative Eth-based meme coin. However, after reviewing the shared data, Twitter
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