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The digitization and tokenization of assets is often touted as a revolutionary technology that can expand access to investments and transform global finance. By converting real-world assets into digital tokens on a blockchain, tokenization enables fractional ownership and tradability. This breaks down barriers for investors with limited means. But what
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A recent analysis of data from the 2019 Survey of Consumer Finances revealed the minimum household incomes required to fall into the top 10%, 5%, and 1% of U.S. earners. The numbers illustrate the significant income disparity that exists between upper-middle class Americans and the ultra-wealthy. This raises the
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China is pulling out all the stops to revive its flagging stock market, implementing a raft of stimulus measures from IPO freezes to trading tax cuts. While aimed at shoring up local equities, an unexpected side effect may be providing a boost to Bitcoin. On August 28th, China announced it
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In the early 20th century, female journalists covering science and medicine faced immense challenges due to gender discrimination. They were often excluded from academic events and denied access to key sources. Yet a group of talented women at the Science Service news agency persevered, helping to pioneer the new field
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The Biden administration has extended for six months a longstanding agreement supporting scientific and technological cooperation between the United States and China. The move provides temporary relief to researchers who feared that deteriorating relations between the two global powers could undermine the agreement, but uncertainty remains over the pact'
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America spends nearly half of its discretionary federal budget on defense and military initiatives, while many domestic issues that impact human health and welfare remain underfunded. With global crises like climate change, heart disease, and opioid addiction on the rise, some argue it may be time for America to re-evaluate
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Chronic diseases like cancer, heart disease and diabetes often arise in our 60s, leading to decades of decline and multiple illnesses treated one after another. But what if we could push back these diseases by targeting aging itself? Longevity science aims to do just that by understanding and influencing the
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The US government recently dropped a bombshell on the cryptocurrency industry, unveiling sweeping new tax reporting rules. However, the proposals were met with widespread criticism, leaving Bitcoin and crypto regulation on shaky ground. The main objections center on overbroad language that could restrict key decentralized operations. With an uncertain path
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The decentralized finance (DeFi) world moves fast. Projects can go from zero to hero and back again within days, as speculative crypto traders pile in seeking quick gains. The latest case is friend.tech, a new platform allowing users to trade tokens linked to influencers and creators. After a meteoric
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The long-running lawsuit between blockchain firm Ripple and the U.S. Securities and Exchange Commission (SEC) saw a new development last week as the regulator filed aiding and abetting charges against Ripple CEO Brad Garlinghouse. The fresh allegations have prompted debate over the SEC's strategy and whether past
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Bitcoin and the wider cryptocurrency market treaded water on Monday following cautious remarks on inflation from Federal Reserve Chair Jerome Powell last Friday. The lackluster price action shows lingering uncertainty hangs over the crypto outlook despite some signs of stabilizing. Key Takeaways * Bitcoin traded around $26,000, unchanged over the
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The price of Bitcoin has seen ups and downs in 2023, leaving traders unsure of what to expect going forward despite the potential for the approval of a spot-based Bitcoin exchange-traded fund (ETF). A nameless trader who correctly predicted the crypto rally earlier this year is now advising caution, warning
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The Middle Eastern nation of Oman has been aggressively expanding its footprint in the cryptocurrency sector, investing hundreds of millions of dollars into crypto mining operations this month. However, Oman's embrace of digital assets comes amid an ongoing debate among Islamic scholars over whether cryptocurrencies are permissible under
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PEPE, the popular meme-inspired cryptocurrency, was hit by a major theft last week resulting in the loss of over $15 million worth of tokens. The incident sent PEPE prices plummeting nearly 20% and left investors shaken. Multisig Wallet Breached, Trillions of Tokens Stolen According to an announcement from the project&
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A new report from JPMorgan suggests the recent wave of heavy selling in cryptocurrency markets may be approaching its end, pointing to signs of stabilization in Bitcoin that could indicate a price reversal is around the corner. Bitcoin Futures Activity Picking Up According to the report, there are indications the
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National Australia Bank (NAB), one of the "Big Four" banks in Australia, is allegedly preparing for major staff reductions across its markets division, according to a recent report. Sources suggest the lender could cut around 10% of the workforce in markets, equating to nearly 60 roles out of