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1. The StarkNet Alliance, a consortium of blockchain and web3 leaders, announced the formation of the alliance and its inaugural members, including Binance, Circle, Coinbase, Polychain, and Fantom Foundation. The alliance aims to promote the adoption of StarkNet, a decentralized computing network and layer-2 scaling solution for Ethereum, and fund research and development efforts…
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In this revised version of the article, we will discuss four companies that appear oversold and may offer promising opportunities for long-term investors. Our selection includes a diverse range of industries to potentially maximize potential gains. These companies were chosen based on their current market conditions and were not recommended by The Motley Fool’s…
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Prometheum, a crypto-native startup that has received a special-purpose broker dealer approval from the US Securities and Exchange Commission (SEC), is facing delays in launching its custody and trading operations, despite assurances from the company’s co-CEO Benjamin Kaplan that it is close to launching its custodial services for institutional clients. Originally scheduled for the…
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Instead of waiting anxiously for Warren Buffett’s quarterly filed Form 13Fs to discover which stocks he’s buying and selling, there’s another stock that Buffett favors highly but won’t be found in these filings. Surprisingly, it’s not Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), which Buffett has consistently sold more than it buys for more than a…
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In a major development, the most comprehensive cryptocurrency legislation to have passed a congressional committee is set to receive approval from the entire House of Representatives in the near future. This announcement was made by Rep. Patrick McHenry, Chairman of the House Financial Services Committee, who has been a driving force behind this legislation.…
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In response to slower-than-expected EV adoption and intense competition, electric vehicle startups like Rivian Automotive, Lucid Group, and Nikola Corporation are implementing measures to cut costs and boost profits. This follows a period of heavy investment by these companies as they sought to become early movers in untapped markets. While some of these startups,…
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Decentralized options platform Lyra Finance has introduced a new feature allowing holders of liquid restaking tokens (LRT) to generate additional yields through automated versions of popular strategies such as basis trade and covered calls. This innovative product, called tokenized derivatives yield, is being offered in collaboration with liquid restaking protocols Swell Network and Ether.Fi.…
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Stand With Crypto, a growing organization supporting cryptocurrency enthusiasts, has announced the launch of its own political action committee (PAC) to directly fund endorsed congressional candidates. Their initial list of five candidates includes those vying for open seats in both the House of Representatives and Senate, although donations cannot be made until after the…
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In light of recent developments, the author, Fareed Zakaria, acknowledges that his predictions for President Biden’s reelection campaign may not come to fruition. While the economy has shown signs of improvement since Biden took office, Biden is facing an unexpected challenge from former President Donald Trump, who currently holds the lead in most swing…
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In a speech delivered at the Louisiana Bankers Association conference, Dallas Federal Reserve President Lorie Logan expressed uncertainty regarding whether current Federal Reserve policy is sufficient to bring inflation down to the central bank’s target of 2%. She acknowledged the existence of “important upside risks to inflation” and stated that “there are uncertainties about…