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Day: December 28, 2021

Millennial millionaires have a large share of their wealth in crypto, CNBC survey says

KEY POINTS Nearly half of millennial millionaires have at least 25% of their wealth in cryptocurrencies, according to the CNBC Millionaire Survey. The results highlight a new generational divide in wealth creation from crypto, with younger investors able to earn vast fortunes from the surge in the prices of bitcoin, ether and other digital currencies. …

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Ferrari’s new deal with blockchain firm Velas hints at NFTs

Ferrari will be issuing exclusive digital content for its fans in collaboration with Swiss blockchain startup Velas. Italian luxury sports car manufacturer Ferrari is moving into the blockchain industry by inking a partnership with Swiss blockchain startup Velas Network. Ferrari officially announced Monday that it had signed a multi-year agreement with Velas to jointly issue “exclusive digital …

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Turkey’s Crypto Law heading to Parliament after President Erdogan’s Approval

Cryptocurrencies have become an issue for many governments and central banks, which has prompted the government of Turkey to take new steps. Turkey’s President Recep Tayyip Erdogan stated that his country has been accelerating its regulation of the digital tokens market. Turkey’s President confirmed last Friday that completing a crypto law draft will soon be shared with parliament …

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Pensioners of the National Oil Company Will Receive 2 Petros as a Gift in Venezuela

The pensioners of the state-owned oil company of Venezuela, PDVSA, have started receiving a Christmas bonus in petros (PTR), the first national cryptocurrency launched back in 2018. The petro, which is backed by Venezuelan oil and other resources, can be traded in local exchanges for these pensioners to access fiat currency, as the reach of …

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DeFi Traders Push Terra’s UST Stablecoin to $10B Market Cap

The coin has surpassed Binance Smart Chain in total value locked amid rapid DeFi growth. The Terra blockchain’s fast growing stablecoin UST, which had surpassed its rival DAI to become the largest decentralized stablecoin, has how attained another milestone: a market capitalization of $10 billion. According to the crypto pricing site CoinGecko, the UST market cap pushed past …

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VIRTUAL BITCOIN EVENT KEYFEST TO BE HELD IN JANUARY

Keyfest 2022 will feature conversations and workshops about the future of Bitcoin private keys, privacy, and sovereignty. Casa, a Bitcoin security company, will host a virtual festival celebrating the past, present, and future of personal keys. On January 5-7, Keyfest 2022 will gather prominent Bitcoiners to discuss wallet security, financial sovereignty, privacy, and what makes …

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Trends in Materials for EV Batteries: More Nickel, Less Pack

Nowadays, batteries for electric vehicles are expected to have a high energy density, allow fast charging and maintain long cycle life, while providing affordable traction, and complying with stringent safety and environmental standards. Extensive research on novel materials at cell level is hence needed for the continuous improvement of the batteries coupled towards achieving these …

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Axie Infinity online games where people earn as they play are transforming gaming

The ultimate point of playing video games has always been to have fun. Whether it’s Space Invaders or Sonic or Red Dead Redemption, you hit the start button and do your thing until game over – and then you probably wipe the sweat off your hands and do it again. But a new class of …

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