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NVIDIA and NPS Launch AI Flagship to Enhance Naval Training
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NVIDIA and NPS Launch AI Flagship to Enhance Naval Training

NVIDIA and the Naval Postgraduate School (NPS) collaborate to advance AI capabilities for U.S. Navy training, enhancing skills for disaster recovery and strategic planning.

Stablecoins and Tokenized Deposits: Transforming the Future of Transaction Banking
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Stablecoins and Tokenized Deposits: Transforming the Future of Transaction Banking

Explore how stablecoins and tokenized deposits are reshaping transaction banking, offering new pathways for digital money integration into traditional financial systems.

Biden's Budget Proposal Includes Crackdown on Crypto Wash Sales and Doubling of Capital Gains Tax for Certain Investors
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Biden's Budget Proposal Includes Crackdown on Crypto Wash Sales and Doubling of Capital Gains Tax for Certain Investors

U.S. President Joe Biden's fiscal 2024 budget plan proposes a crackdown on crypto wash sales and a doubling of the capital gains tax for certain investors, which could raise $24 billion. The proposed changes to crypto tax treatment aim to reduce the deficit by nearly $3 trillion over the next decade. The budget proposal seeks to eliminate the tax-loss harvesting strategy used by crypto traders, which allows them to sell assets at a loss for tax purposes before immediately repurchasing them. The proposal also aims to raise the capital gains tax rate for investors making at least $1 million to 39.6%.

PayPal Acquires UK Crypto License
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PayPal Acquires UK Crypto License

PayPal has secured a cryptocurrency license from the UK's Financial Conduct Authority, marking a strategic move amid post-Brexit adjustments, and transitioning UK clients from PayPal Europe to a new UK-based entity.

RISC Zero Announces Open Sourcing of Key Technological Innovations
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RISC Zero Announces Open Sourcing of Key Technological Innovations

RISC Zero's latest announcement reinforces open-source development ethos and vision for a secure digital world, transforming zero-knowledge cryptography and blockchain technology, enabling developers to create unprecedented solutions.

Signature Bank Suffers $4.27 Billion Crypto Deposit Outflows
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Signature Bank Suffers $4.27 Billion Crypto Deposit Outflows

Signature bank has suffered its major outflows with around $4.27 billion triggered by the recent crypto market downturn.

Swiss Retail Bank to Offer Cryptocurrency Services
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Swiss Retail Bank to Offer Cryptocurrency Services

PostFinance has partnered with Sygnum to offer customers cryptocurrency trading and storage services, including Bitcoin and Ether.

Crypto Alert: Revolutionary DGT Token Community Presale
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Crypto Alert: Revolutionary DGT Token Community Presale

Tallinn, Estonia, 8 January 2021 DGBLabs OÜ, announces it Community Presale of the DataGrid Token (DGT) for 22nd- 26th January offering a 5% bonus, which is reduced 1% a each day during the sale, on a minimum of one quarter ETH at the price of $.005. Higher Bonus levels available for purchases over 80 ETH. Participants will be required to complete WhiteListing on Blockpass prior to the sale date.

4 Reasons Why Bitcoin Dropped
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4 Reasons Why Bitcoin Dropped

We analyze 4 reasons why bitcoin dropped and may dip further.

Decentralized Hackers 'Anonymous' Promise Retribution for George Floyd, Will Expose Minneapolis Police Record of Systemic Racism
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Decentralized Hackers 'Anonymous' Promise Retribution for George Floyd, Will Expose Minneapolis Police Record of Systemic Racism

Hacktivist group ‘Anonymous’ has promised retribution against the Minneapolis Police Department (MPD) for the death of George Floyd last week.

Circle Unable to Withdraw $3.3 Billion from SVB, Causing USDC Sell-Off
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Circle Unable to Withdraw $3.3 Billion from SVB, Causing USDC Sell-Off

Circle, the issuer of USD Coin (USDC), was unable to withdraw $3.3 billion of its $40 billion reserves from Silicon Valley Bank (SVB), leading to a sell-off that caused the stablecoin's value to drop below its $1 peg. Circle initiated a wire transfer to remove the funds from SVB as the FDIC-insured bank was about to shut operations, but the transfer was not wholly processed, leaving $3.3 billion of USDC reserves with SVB. Dante Disparte, Circle's chief strategy officer, warned that SVB's failure could have broader implications for the US economy.

CyberConnect Fully Responsible for Proposal Fueling CYBER Token Manipulation Rumors
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CyberConnect Fully Responsible for Proposal Fueling CYBER Token Manipulation Rumors

CyberConnect has retracted a proposal aiming to optimize CYBER liquidity across Ethereum, Optimism, and BNB Chain, citing rumors of CYBER token manipulation and market control. The revised proposal will focus on a bridge for free CYBER movement, undergoing a multi-day voting period and security audit.

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