Federal Reserve Dismantles Crypto Barriers—Scraps Biden-Era Restrictions

Federal Reserve Dismantles Crypto Barriers—Scraps Biden-Era RestrictionsThe Federal Reserve removed outdated crypto banking restrictions, paving the way for innovation, broader access, and mainstream digital asset adoption. Crypto Banking Unleashed: Fed Joins Regulators in Crushing Old Guard Restrictions The Federal Reserve Board announced Thursday that it has withdrawn previous supervisory guidance related to banks’ crypto-asset and dollar token activities, a move intended […]

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Gensokishi Online Project Announces Decision to List MV Token on KuCoin and Campaign

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Sneaker Giant Adidas Says the Metaverse Is ‘Exciting,’ Reveals Partnership With Coinbase

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The German multinational shoe and sportswear corporation Adidas recently announced the company has partnered with the cryptocurrency exchange Coinbase. Two days prior, The Sandbox tweeted about the popular shoe company and showed a video clip of Adidas real estate in the Sandbox metaverse. Metaverse Is an ‘Interesting Platform for Adidas’ According to a recent statement from an Adidas spokesperson speaking with City A.M.’s Lily Russell-Jones, the company is very focused on the metaverse. “The Metaverse is currently one of the most exciting developments in digital, making it an interesting platform for Adidas,” the company spokesperson explained to Russell-Jones on Thursday. It all started on Monday, November 22, when The Sandbox tweeted about the multinational shoe and sportswear firm. “Hey @adidasoriginals, impossible is nothing in the Metaverse. What if we invite all of the original thinkers and do-ers to design our future together?” The Sandbox tweeted . The Sandbox is a blo...
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Bitcoin Mining Company Griid Secures $525 Million Credit Facility From Blockchain.com

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On Monday, the mining firm Griid Infrastructure announced the company has secured a $525 million credit facility from the crypto firm Blockchain.com. According to the announcement, the credit facility will be a four-year term in order to increase the company’s mining capacity. Bitcoin Mining Infrastructure Firm to Increase Capacity With Help From Blockchain.com Cryptocurrency mining, and more specifically bitcoin ( BTC ) mining, has seen millions of dollars invested during the course of the year. Enterprise operations have inked massive deals with bitcoin mining rig manufacturers like Canaan, Bitmain, and Microbt for thousands of ASIC devices. A few large bitcoin mining operators have also begun constructing new facilities in order to increase capacity. On November 22, Griid Infrastructure announced the company has secured a $525 million credit facility from the company Blockchain.com . The financing will be used to increase mining capacity as well as “capitalizing on over 1,300 m...
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