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2022-12-21 05:32:03 Binance joins U.S. lobby group's executive committee

Binance is joining the executive committee of the Chamber of Digital Commerce, a U.S. lobby group for the blockchain industry, as the world's biggest crypto exchange steps up its engagement with regulators.

Binance will contribute to research and potentially influence the shape of crypto legislation through discussions with policymakers and regulators, according to a statement. The crypto giant joins traditional finance firms like Visa and Deloitte as well as blockchain firms such as Circle and OKCoin. The exchange's U.S. unit, Binance US.

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2022-12-21 04:14:02 One-third of singles are ready to date in the Metaverse: Survey

Online dating has already become a commonplace activity in modern-day romance. Data from Statista forecasted nearly 280 million online dating users by 2024. Now with data from a recent survey conducted by Dating.com, an online matchmaking platform. According to the survey, those looking for love continue to turn to technology, with 33% of singles planning to date in the metaverse. The survey highlighted that the use of metaverse avatars can help put an emphasis on, “communication and digital intimacy before in-person discovery.”Moreover, the metaverse is a borderless world, which can trigger singles to meet from anywhere.

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2022-12-21 01:41:02 Aptos-based Mojito Market suspends operation because of FTX crash

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2022-12-20 22:52:01 South Korea freezes US$93 mln in assets of former Terra-Luna associates

A South Korean court has approved local prosecutors’ request to freeze assets of about 120 billion Korean won (US$93.3 million) belonging to seven former associates of Terraform Labs Pte. Ltd., according to local media reports.The seven former associates consist of three early investors and four core developers of Terra-Luna who are accused of collectively earning the US$93 million by selling LUNA that they attained prior to the officially disclosed issuance, local news outlet Ilyo Shinmun reported Tuesday.Local prosecutors also reportedly accuse them of issuing Terra stablecoin and Luna cryptocurrency without telling investors that the tokens cannot be adopted as payment measures.

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2022-12-20 22:41:02 VeChain partners with Mercedes Benz on road to CO2 neutrality

Car manufacturer Mercedes Benz has partnered with Hydro, one of the largest aluminum companies in the world and a user of VeChainThor. Hydro states in a press release that the partnership will see it supply Mercedes with low-carbon aluminum. This will help Mercedes reduce the carbon footprint of its vehicle fleet, including the fully electric EQ models. Hydro will supply the first batch of Hydro REDUXA, its low-carbon aluminum line with less than 3.0kg CO2/kg emission, by 2023. The low-carbon aluminum line is approved for automotive applications is reusable and can be used to make various parts.

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2022-12-20 21:52:02 Polygon's next web3 play is an NFT debit card

Polygon has partnered with the neo-banking app Hi to introduce a platform that allows users to mint NFTs for a web3-focused debit card. The move follows other strategic partnerships from Polygon, which has collaborated with Starbucks and Magic Eden. The move marks the latest strategic partnership for Polygon, which is trying to become the face of gasless fees for NFTs. Polygon undergirds the Starbucks NFT loyalty rewards beta as well as new blockchain gaming features from Solana's biggest NFT marketplace, Magic Eden. Called the NFT Debit Mastercard, card holders can spend either crypto or fiat currencies at 90 million global merchants.

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2022-12-20 21:14:02 Binance to acquire remaining 40% stake in Indonesian exchange Tokocrypto: Source

Binance is set to acquire the remaining 40% in Indonesian exchange Tokocrypto after first acquiring 60% in 2020, a source with direct knowledge of the matter told The Block. Tokocrypto today announced that Binance “will gradually increase its stake to nearly 100%.” Tokocrypto today announced that Binance “will gradually increase its stake to nearly 100%,” building on its previous investment in 2020. Binance CEO Changpeng "CZ" Zhao tweeted that "Binance was the majority shareholder of Toko[crypto] from the beginning. Just injected more cash and increased our shareholding a bit.". Binance's investment in Tokocrypto gave it a majority or controlling stake.

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2022-12-20 21:03:59 Bitcoin Miner Greenidge Says Continued Viability in ‘Substantial Doubt’

Bitcoin miner Greenidge announced that there is “substantial doubt” about its capacity to continue as a business, saying that its Board of Directors has actively discussed the possibility of voluntary bankruptcy.

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2022-12-20 21:00:09 Torah Finance: Decentralized Exchange for Liquidity Providers, Free Airdrops for $CRV, $UNI Holders

2022 has been an eye-opening experience for the collective crypto industry. Major organizations that demonstrated strength and profitability in 2020-2021, faced massive setbacks that pushed certain associations toward bankruptcy. One of the major examples was FTX, the centralized exchange which faced a liquidity crisis and eventually collapsed. The incident highlighted issues with liquid funds, which re-opened the debate about whether decentralized exchanges are the better option.Now, Torah Finance is creating a solution that will allow better control over digital assets while allowing users to be assured about their funds.
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2022-12-20 20:53:01 Crypto regulators should leave DeFi alone, Coinbase's Brian Armstrong says

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