Category: Takes
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Dominican Republic’s president-elect Abinader takes tough stand on graft, Haiti By Reuters
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Written by Dave Sherwood (Reuters) – Dominican Republic President Luis Abinader, who is preparing for a second term after winning 58.85 percent in the elections that took place on Sunday, inherited a nightmare scenario when he took office as president for the first time in August 2020. During the COVID-19…
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Finastra Takes the Lead in ISO 20022 Compliance
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The financial industry, famous for its slow pace of change, is about to see a bit of volatility. There’s no need for hats or sticks, but rather a coordinated shift toward a new standard: ISO 20022. This seemingly innocuous alphabetical mash-up has the potential to revolutionize the way financial institutions…
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Dollar steady as US inflation data takes spotlight By Reuters
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Written by Brigid Riley TOKYO (Reuters) – The dollar firmed against its major counterparts on Monday as market participants looked ahead to U.S. inflation data to assess the prospects of an interest rate cut this year. Following a weaker-than-expected US jobs report for April and a dovish-sounding Federal Reserve policy…
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TripAdvisor takes itself off the market leaving analysts split on company’s fate (TRIP)
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It’s been a tough week for TripAdvisor (Nasdaq: Journey) which declined at Friday’s close by more than 30% from last week, as first-quarter results were affected by the company’s decision to withdraw from the takeover dispute. Disappointed investors were bailed out of shares, wiping out all the gains made when…
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Coinbase Layer 2 Base Takes This Industry by Storm, Captures 46% of Transactions
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Coinbase’s second layer network – Base – has seen a return of user activity. Franklin Templeton’s latest analysis revealed that Base has received significant attention from SocialFi apps like Friend.Tech. The Friend.Tech model, which funds social interactions, has drawn attention, especially with the launch of its v2 platform and the…
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Donald Trump Takes New Approach Toward Crypto, Bashes Biden’s Hostile Administration
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Former US President Donald Trump announced his intention to ensure the acceptance of cryptocurrency donations for his campaign donations. Trump is the Republican candidate for the next US presidential elections scheduled for November 2024. Trump pushes for cryptocurrency donations In various videos posted to Attendees received over 47 NFTs individually,…
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TON takes off on Telegram tie-up By Reuters
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Written by Elizabeth Howcroft (Reuters) – The value of a coin called TON has jumped in recent months, as investors bet that its integration with messaging service Telegram could bring the cryptocurrency to the app’s estimated 900 million users. Telegram endorsed TON in September last year, saying that the blockchain…
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SEC Takes Another Stab At Ripple In Its Final Brief: Details
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The SEC has filed a response summary of remedies in its ongoing legal battle with Ripple Labs, accompanied by supporting exhibits. This filing represents a pivotal moment in the lawsuit as it stands Final summary Before Judge Torres issues his ruling on remedies. The SEC provides a final summary as…
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Fear Back For 1st Time Since October As Crypto Greed Takes The Backseat
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It seems that the luster has been taken off Bitcoin’s crown. After a stellar run that peaked at a record price in late March, the world’s leading cryptocurrency has seen a sharp correction, sending investor sentiment plummeting. This sudden turnaround can be attributed to a combination of factors, with the…
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BASE joins meme frenzy as BRETT takes off; GFOX set to top lists
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Coinbase is seeing a memecoin boom, with utility-focused token Galaxy Fox (GFOX) booming, following the success of BRETT. The underlying blockchain has seen a spike in transactions, thanks in…