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Swedish authorities, including the Swedish Financial Supervisory Authority and Swedish Environmental Protection, have extended calls advocating for a European Union-wide ban of Proof-of-Work (PoW) mining activities on the grounds that the process jeopardizes the power grid. France-based investment manager Melanion Capital also faults this supposedly patriotic call, which says the regulator’s position is based on

Sotheby’s Metaverse announced that it has partnered with Sostento for the “biggest non-fungible token (NFT) charity auction ever”. For this auction, seven individual winners from Twitter’s June 30, 2021, digital NFT lucky draw will be selling their full set of seven NFTs, with their proceeds going towards Sostento. This organization gives vital support to frontline public health

French payment processing app Lydia has now integrated support for digital assets trading on its platform. Through the partnership, as many as 5.5 million Lydia customers will now be able to buy and sell digital assets like stocks, fractionalized stocks, bonds, Exchange Traded Funds (ETFs), and ultimately cryptocurrencies. According to the firm, the support was made possible

National Football League’s star Odell Beckham Jr has become the latest high-profile athlete to accept his remuneration in Bitcoin from his team Los Angeles Rams. Beckham Jr’s new payment deal comes as part of an arrangement with Square Inc-backed mobile payments service Cash App. “It’s the start of a new era I’m looking forward to

U.S. President Joe Biden has renominated Jerome Powell as the next Federal Reserve Chairman after much speculation went around saying that Fed Governor Lael Brainard could replace him to lead the U.S. Central Bank for the next four years. Meanwhile, President Joe Biden also appointed Lael Brainard, a member of the Fed board, as the