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Nigeria Releases New Rules Classifying Crypto as Securities

Nigeria Releases New Rules Classifying Crypto as Securities

In a move that might boost crypto trading in Nigeria, the nation’s Securities and Exchange Commission (SEC) has rolled out “rules on issuance, offering platforms, and custody of digital assets” for virtual firms.

Bitcoin Lightning Network Would be Practical for Small Payments than Debit Cards, Morgan Stanley Says

Bitcoin Lightning Network Would be Practical for Small Payments than Debit Cards, Morgan Stanley Says

The Bitcoin Lightning Network attracts fees close to zero, so it becomes more practical to use it when undertaking small payments than a debit card, according to leading investment bank Morgan Stanley.

76% of Financial Institutions Eyeing Crypto Adoption in Next 3 Years, Ripple Report Shows

76% of Financial Institutions Eyeing Crypto Adoption in Next 3 Years, Ripple Report Shows

A study shows that 76% of financial institutions expect to use crypto in the next 3 years. In addition, over 75% of consumers said they would prefer to buy cryptos for their sustainability.

Blockchain.com Accepts Visa Debit Cards for Crypto Payment

Blockchain.com Accepts Visa Debit Cards for Crypto Payment

Blockchain.com has launched Visa debit cards to enable users to spend from their crypto balances free of charge, with the opportunity to gain cryptocurrency rewards.

Gemini Exchange Inks Deal with Samsung to Boost Crypto Adoption

Gemini Exchange Inks Deal with Samsung to Boost Crypto Adoption

Gemini, a leading American crypto exchange, has struck a deal with tech giant Samsung Electronics to bring crypto closer to Samsung Blockchain Wallet users in Canada and the United States. This integration will make users connected to the Gemini mobile app where they can buy, sell and trade cryptocurrencies.

LocalBitcoins Hits New Milestone, Reaching 200,000 Mobile App Downloads

LocalBitcoins Hits New Milestone, Reaching 200,000 Mobile App Downloads

LocalBitcoins, the world’s leading P2P Bitcoin marketplace, is scaling the heights because its mobile app available on iOS and Android surpassed 200,000 downloads, with 5 more languages incorporated.

Morgan Stanley Buys E*Trade for 13 Billion USD, Providing Link For Everyday Online Traders

Morgan Stanley Buys E*Trade for 13 Billion USD, Providing Link For Everyday Online Traders

Wall Street giant Morgan Stanley is creating more access for everyday investors with the announcement of an imminent $13 billion acquisition of online trading firm E*Trade Financial Group.

Bahrain-Based Crypto Platform to Enable Real Estate Acquisition Using Crypto

Bahrain-Based Crypto Platform to Enable Real Estate Acquisition Using Crypto

CoinMena, a Bahrain-based crypto asset service provider, has teamed up with Carlton Real Estate, to facilitate real estate purchases using cryptocurrencies.

Binance Launches Crypto-Themed Word of the Day Game with Rewards

Binance Launches Crypto-Themed Word of the Day Game with Rewards

Binance introduces a new Word of the Day game focusing on Crypto Adoption, offering users a chance to win Binance Points and trading fee rebates.

Stablecoins Lead the Charge in Western Europe's Crypto Adoption for 2024

Stablecoins Lead the Charge in Western Europe's Crypto Adoption for 2024

Western Europe sees a surge in stablecoin adoption, accounting for nearly half of all crypto inflows. The UK drives growth in merchant services, highlighting the region's evolving crypto landscape.

DeFi Surge Fuels Eastern Europe's Crypto Adoption in 2024

DeFi Surge Fuels Eastern Europe's Crypto Adoption in 2024

Eastern Europe sees significant DeFi growth, with Ukraine and Russia leading in adoption despite geopolitical challenges, according to Chainalysis.

Nigeria's Foreign Investment and Crypto Adoption Dilemma

Nigeria's Foreign Investment and Crypto Adoption Dilemma

Foreign direct investment (FDI) in Nigeria fell by 33% in 2021 due to a shortage of dollars, which has also discouraged foreign crypto investment. Despite the exponential growth of crypto adoption in Nigeria, with active adult traders and high usage rates, the country has a problem attracting foreign investors.

Honduras Establishes Bitcoin Valley in Santa Lucia to Boost Crypto Opportunities

Honduras Establishes Bitcoin Valley in Santa Lucia to Boost Crypto Opportunities

Honduras has entered the cryptocurrency trend after launching “Bitcoin Valley” in Santa Lucia meant to spur more opportunities in the digital asset space.

Over 1,000 Firms Expected to Join Crypto Space in UAE by 2022 End, Expert Says

Over 1,000 Firms Expected to Join Crypto Space in UAE by 2022 End, Expert Says

During the Top CEO event in Dubai, Crypto Oasis co-founder Saqr Ereiqat opined that at least 1,000 companies will enter the crypto space in the United Arab Emirates (UAE) by the end of the year based on a fast-paced ecosystem.

Crypto Adoption in Latin America: A Tool Against Economic Woes and Authoritarianism

Crypto Adoption in Latin America: A Tool Against Economic Woes and Authoritarianism

The cryptocurrency landscape in Latin America, particularly in Argentina and Venezuela, is evolving as a mechanism to counter economic and political adversities. While Argentina sees crypto as a bulwark against economic instability, Venezuela is utilizing it as a tool for humanitarian aid and resistance against authoritarianism. The divergent crypto adoption narratives in these nations underscore the asset class's potential to address complex societal challenges.

Kraken Introduces Simple, Secure, and Powerful Kraken Wallet

Kraken Introduces Simple, Secure, and Powerful Kraken Wallet

Kraken has launched Kraken Wallet, a self-custodial wallet that offers simplicity, security, and power to users. The wallet allows seamless interaction with popular blockchains, comprehensive portfolio tracking, and WalletConnect integration. With a focus on privacy and backed by Kraken's industry-leading security measures, Kraken Wallet aims to accelerate crypto adoption and empower users in the decentralized world.

Binance Survey: Institutional Investors Bullish on Crypto's Long-Term Prospects

Binance Survey: Institutional Investors Bullish on Crypto's Long-Term Prospects

Binance Research, in collaboration with Binance VIP & Institutional, has recently unveiled the results of their Institutional Crypto Outlook Survey. The study reveals a strong positive sentiment towards cryptocurrencies among institutional investors, with 63.5% expressing optimism for the next year and a striking 88% displaying a positive outlook for the next decade.

Decoding Paradigm's Vision: Cryptocurrency as the Next Tech Revolution

Decoding Paradigm's Vision: Cryptocurrency as the Next Tech Revolution

Paradigm's perspective on cryptocurrency emphasizes its potential to be the next big technological revolution. Crypto KOL Splin Teron analyzes this view, highlighting the growing adoption and untapped potential of this emerging asset class.

SEC's Upcoming Decision on Bitcoin ETFs and the Implications

SEC's Upcoming Decision on Bitcoin ETFs and the Implications

The SEC's anticipated decision on Bitcoin ETFs, expected by January 2024, could significantly boost U.S. crypto adoption, balancing financial institutions' interests and legal challenges.

Seychelles Crypto Exchange OKX to Expand Services to Australia

Seychelles Crypto Exchange OKX to Expand Services to Australia

OKX, the Seychelles-based crypto exchange, plans to expand its services to Australia due to the country's strong uptake of cryptocurrency. The exchange sees Australia as an essential part of its growth strategy and intends to build a strong local office.

Central & Southern Asia Lead in 2023 Crypto Adoption, Chainalysis Reports

Central & Southern Asia Lead in 2023 Crypto Adoption, Chainalysis Reports

The 2023 Chainalysis Global Crypto Adoption Index shows Central and Southern Asia are leading in global grassroots adoption of cryptocurrencies. The index measures countries' involvement in the crypto space using on-chain data and real-world statistics. India leads the index, with six of the top ten countries from the CSAO region. Lower-middle-income countries, including India, Nigeria, and Ukraine, have seen robust recovery in grassroots crypto adoption.

Nigerian Crypto Community Affected by Paxful Shutdown

Nigerian Crypto Community Affected by Paxful Shutdown

The closure of Paxful, a peer-to-peer cryptocurrency marketplace, has left the Nigerian crypto community searching for alternatives. Nigeria, ranked eighth in crypto adoption, was significantly impacted by Paxful's pioneering use of peer-to-peer technology. Members of the community expressed concern over the future of crypto marketplaces and the fate of their funds.

Venture Capital Firms Almost Quadruple Previous High by Pumping $30B into the Crypto Industry in 2021

Venture Capital Firms Almost Quadruple Previous High by Pumping $30B into the Crypto Industry in 2021

Venture capital firms kept a keen eye on the crypto industry to the extent of pouring $30 billion in this sector in 2021.

Explosive Growth Forecasted for Blockchain Gaming: Market to Hit $614 Billion by 2030

Explosive Growth Forecasted for Blockchain Gaming: Market to Hit $614 Billion by 2030

The blockchain gaming market is predicted to surge from $154.46 billion in 2023 to $614.91 billion by 2030, fueled by trends like DAOs, crypto adoption, AR/VR, cloud gaming, and creative collaborations.

Ethereum Adoption Continues to Scale Heights

Ethereum Adoption Continues to Scale Heights

More participants continue joining the Ethereum bandwagon, given that addresses holding 0.1 to 1 ETH hit record highs.

Blockchain Analytics to Help Curb Crypto Misuse, Says HashCash CEO

Blockchain Analytics to Help Curb Crypto Misuse, Says HashCash CEO

Blockchain analytics is believed to help fill the void of curbing money laundering and cybercriminal activities, according to Raj Chowdhury, the CEO of HashCash Consultants.

UK Fintech Firm Mode Launches Bitcoin Banking App Enhancing Mass Consumer Accessibility

UK Fintech Firm Mode Launches Bitcoin Banking App Enhancing Mass Consumer Accessibility

London-based fintech company Mode has announced that it has unveiled its Bitcoin banking app to advance user experience.

Why Mass Crypto Adoption May Only Be a Year Away, According to Animoca Brands Co-Founder

Why Mass Crypto Adoption May Only Be a Year Away, According to Animoca Brands Co-Founder

Crypto enthusiasts predict mainstream adoption of Bitcoin and altcoins within a year to a half, driven by play and the open metaverse, with digital ownership forming the foundation.

How Banking Difficulties Drive Crypto Adoption in Latin America

How Banking Difficulties Drive Crypto Adoption in Latin America

Many businesses and individuals in Latin American countries are using cryptocurrency to buy retail goods while seeking to avoid unstable fiat markets.

Crypto Adoption in Sub-Saharan Africa Rises, Study Shows

Crypto Adoption in Sub-Saharan Africa Rises, Study Shows

Many young people in Sub-Saharan Africa are taking the cryptocurrency route to build and preserve wealth despite low economic opportunities.

Nigeria Tops in Global Crypto Ownership, With Nearly Half of the Population Being Crypto Users or Owners

Nigeria Tops in Global Crypto Ownership, With Nearly Half of the Population Being Crypto Users or Owners

With cryptocurrencies being one of the technological innovations taking the world by storm, Nigeria takes the lead in terms of crypto ownership, a survey suggests.

Crypto is No Longer Men Club as More Female Entering the Space, Study Shows

Crypto is No Longer Men Club as More Female Entering the Space, Study Shows

A study finds more women are participating and investing in this crypto sector, which men no longer dominate in terms of gender.

Crypto Adoption Grows among Asian Countries, Says Chainalysis Report

Crypto Adoption Grows among Asian Countries, Says Chainalysis Report

Chainalysis has released the analysis report, showing that countries in Central & Southern Asia and Oceania (CSAO) region received more than $900 billion in crypto value from July 2021 to June 2022.

Europe Takes the Major Share in terms of Global Crypto Distribution

Europe Takes the Major Share in terms of Global Crypto Distribution

As crypto adoption continues to gain steam, Europe is at the helm when it comes to crypto distribution worldwide.

MENA Region Emerges as The Fastest Growing Crypto Market: Chainalysis Report

MENA Region Emerges as The Fastest Growing Crypto Market: Chainalysis Report

Much of the crypto growth in the Middle East & North Africa (MENA) region is driven by savings preservation, remittance payments, and friendly crypto regulations.

87% of Merchants Believe Crypto Payments Enhancing Competitive Advantage: Deloitte Survey

87% of Merchants Believe Crypto Payments Enhancing Competitive Advantage: Deloitte Survey

87% of merchants believe crypto payments will enable them to stay at the top of their game based on the competitive advantage rendered, according to a survey by big four audit firm Deloitte.

20% of American Adults Involves in the Crypto Space, Study Shows

20% of American Adults Involves in the Crypto Space, Study Shows

One in five Americans has used, traded, or invested in cryptocurrency, according to a poll by NBC News.

Cryptocurrencies to Become a Standard Payment Option, Paysafe Study Shows

Cryptocurrencies to Become a Standard Payment Option, Paysafe Study Shows

Multinational online payments company Paysafe has conducted a study, showing that 60% of the respondents believe that crypto purchases will become widespread in one year.

3.6 million Americans Likely to Pay by Crypto This Year, Survey Shows

3.6 million Americans Likely to Pay by Crypto This Year, Survey Shows

The year 2022 holds a lot of promises for the broader digital currency industry as a forecast from Insider Intelligence shows adoption of crypto payment will continue to rise.

El Salvador Seeks To Be The First Country To Legalize Bitcoin as Legal Tender

El Salvador Seeks To Be The First Country To Legalize Bitcoin as Legal Tender

El Salvador President Nayib Bukele intends to introduce a bill that would make Bitcoin legal tender.

Rio de Janeiro to Accept Crypto Property Tax Payment from 2023

Rio de Janeiro to Accept Crypto Property Tax Payment from 2023

Rio de Janeiro is gearing up to be the first city on Brazilian soil to accept tax payments in cryptocurrencies from 2023.

El Salvador Buys the Dip by Adding 100 Bitcoin to its Portfolio

El Salvador Buys the Dip by Adding 100 Bitcoin to its Portfolio

After slipping to lows of $54,000, a scenario not seen in the last six weeks, El Salvador saw this as a perfect opportunity to buy the dip for additional 100 BTCs.

Abu Dhabi Women Set to Receive Free Crypto Domains to Expand Their Web3 Knowledge

Abu Dhabi Women Set to Receive Free Crypto Domains to Expand Their Web3 Knowledge

To give women residing in Abu Dhabi the opportunity to expand their knowledge base and ultimately explore the Web3 world, Abu Dhabi Investment Office (ADIO) and Access Abu Dhabi have teamed up with NFT domain name provider Unstoppable Domains

Study Says Global Cryptocurrency Adoption Pegs at 19%, H.K. Ranks 2nd for BTC Holding amid Political Landscape

Study Says Global Cryptocurrency Adoption Pegs at 19%, H.K. Ranks 2nd for BTC Holding amid Political Landscape

Finder has placed the global crypto adoption rate at 19%, with Bitcoin being the most accumulated asset. Hong Kong ranks second for Bitcoin holding amid changing political landscape.

Crypto Market to Hit $4.94 Billion by 2030, Driven by the Need for Transparent Payment Systems

Crypto Market to Hit $4.94 Billion by 2030, Driven by the Need for Transparent Payment Systems

According to a report by Allied Market Research, the global crypto market is expected to rise from $1.49 billion registered in 2020 to $4.94 billion by 2030.

51% of Crypto Investors in Saudi Arabia Optimise Crypto Future, KuCoin Study Shows

51% of Crypto Investors in Saudi Arabia Optimise Crypto Future, KuCoin Study Shows

Nearly 3 million citizens in Saudi Arabia have entered the crypto space over the past six months, according to a study by KuCoin.

Protagonist Establishes $100m Crypto Fund, Supporting Blockchain & Web3 Ecosystems

Protagonist Establishes $100m Crypto Fund, Supporting Blockchain & Web3 Ecosystems

Protagonist, a Miami-based crypto fund and incubation lab rolled out a $100 million fund to boost emerging blockchain and Web3 networks.

Crypto Users Stand at 300M, Representing Nearly 3.7% of the Global Population

Crypto Users Stand at 300M, Representing Nearly 3.7% of the Global Population

Crypto adoption continues to experience an uptick, given that users are currently at the 300 million mark.

Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC

Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC

Institutional investors continue to show their confidence in BTC, given that Bitcoin in public company treasuries has surpassed 200,000 BTC.

Small Bitcoin Holders are Stacking amid Visa's Crypto-Linked Card Payments Hitting $2.5B

Small Bitcoin Holders are Stacking amid Visa's Crypto-Linked Card Payments Hitting $2.5B

Given that holding is a favored strategy in the crypto space, accumulation by small Bitcoin (BTC) holders continues to gain steam.

Three Major Central Banks Play a Pivotal Role in Bitcoin Adoption

Three Major Central Banks Play a Pivotal Role in Bitcoin Adoption

Market analyst Holger Zschaepitz believes that the big three central banks, namely the Federal Reserve (Fed), the Bank of Japan (BoJ), and the European Central Bank (ECB), have been instrumental in Bitcoin adoption.

Bitcoin Wallets Surpass Bank Accounts in El Salvador, says President Bukele

Bitcoin Wallets Surpass Bank Accounts in El Salvador, says President Bukele

El Salvador has been making significant strides in the crypto space ever since, with the latest being Bitcoin wallets dwarfing bank accounts in the nation.

Mexican Senate Gets First Bitcoin ATM Machine, the Nation Eyes Making BTC Legal Tender

Mexican Senate Gets First Bitcoin ATM Machine, the Nation Eyes Making BTC Legal Tender

To offer Mexican lawmakers first-hand Bitcoin experience, ChainBytes and Axolotl Bitcoin have put up a Bitcoin ATM at the nation's senate building.

Bitcoin Transaction Volume Hits a Monthly High as Crypto Adoption Surged by Over 881% Last Year

Bitcoin Transaction Volume Hits a Monthly High as Crypto Adoption Surged by Over 881% Last Year

Bitcoin experienced an uptick in transaction volume recently, given that it reached a 1-month high of 47,433.025 BTC. A research reflected global crypto adoption on the rise, boosted by P2P trading activites.

Bitcoin Adoption in Africa Sees Massive Surge as P2P Volumes Hit All-Time Highs

Bitcoin Adoption in Africa Sees Massive Surge as P2P Volumes Hit All-Time Highs

Crypto analyst Kevin Rooke has revealed that Bitcoin is having a field day as peer to peer (P2P) volumes are hitting all-time highs (ATHs) as a 2.5-fold surge has been experienced since March. Some of the African nations leading the pack include Kenya, South Africa, Nigeria, and Ghana, as the Bitcoin being traded weekly has exceeded $1 million.

Non-Zero ETH Addresses Hit ATH, Ethereum Overtooks Visa in Trading Volume in 2021

Non-Zero ETH Addresses Hit ATH, Ethereum Overtooks Visa in Trading Volume in 2021

Despite the crypto market limping based on massive liquidations, more participants continue joining the Ethereum network.

The Number of Non-Zero Ethereum Addresses Hit an ATH

The Number of Non-Zero Ethereum Addresses Hit an ATH

The Ethereum (ETH) network continues to attract more participants because the number of non-zero addresses broke the record at 66,552,716.

LocalBitcoins Clocks 300,000 Mobile App Downloads, With Africa Making a Mark

LocalBitcoins Clocks 300,000 Mobile App Downloads, With Africa Making a Mark

Two months after reaching 200,000 mobile app downloads on iOS and Android, LocalBitcoins has scaled the heights by crossing the 300,000 mark.

Binance Unveils Crypto-Powered Debit Card in Europe For Seamless Transactions Across 60 Million Merchants

Binance Unveils Crypto-Powered Debit Card in Europe For Seamless Transactions Across 60 Million Merchants

Leading crypto exchange Binance has rolled out the Binance Card, a crypto debit card, in Europe that will enable users to convert their stored cryptocurrencies like Bitcoin (BTC), Binance Coin (BNB), Swipe (SXP), and Binance USD (BUSD) to fiat and spend them at more than 60 million merchants worldwide.

Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service

Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service

Cryptocurrency exchange Coinbase has sold its blockchain-based data analytics software to the United States Secret Service. The analytics software was made available to the secret service in a contract worth $183,750 and billed to span through May 9, 2024.

First Belgian Elected as European Legislator to Accept Salary in Bitcoin

First Belgian Elected as European Legislator to Accept Salary in Bitcoin

Following in the footsteps of New York City Mayor Eric Adams, Brussels MP Christophe De Beukelaer intends to convert his salary to Bitcoin.

NFT Surpasses Crypto and Ethereum in Google Searches

NFT Surpasses Crypto and Ethereum in Google Searches

To show their trendiness, NFT Google searches have surpassed those of Ethereum and crypto, according to Google Trends.

FunFair’s New Crypto Wallet Intended for Blockchain Mass Adoption

FunFair’s New Crypto Wallet Intended for Blockchain Mass Adoption

FunFair, a decentralized gaming platform has developed a new non-custodial crypto wallet, intended for propelling blockchain mass adoption.

Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption

Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption

Circle Builds Layers of Simplicity over Complex Crypto Concepts for Business to Trigger Digital Adoption

KPMG Partners with Coin Metrics to Boost Institutional Crypto Adoption

KPMG Partners with Coin Metrics to Boost Institutional Crypto Adoption

KPMG has teamed up with Coin Metrics to enhance institutional adoption of blockchain and cryptoassets offering proprietary analytics, trusted data & insights.

Crypto Is Entering the Early Stages of Mainstream Adoption, says Kraken CEO

Crypto Is Entering the Early Stages of Mainstream Adoption, says Kraken CEO

Jesse Powell, the co-founder and CEO of crypto exchange Kraken, believes that the crypto sector is in its early stages of mainstream adoption.

Ripple Swell 2020: Clear Regulations and CBDC Will Drive Cryptocurrency Adoption Forward

Ripple Swell 2020: Clear Regulations and CBDC Will Drive Cryptocurrency Adoption Forward

Financial leaders virtually discussed the regulatory framework for crypto assets and how crypto adoption could be driven forward.

Online Travel Agencies Booking.com and Travala.com Enters Into Strategic Partnership for Mass Adoption of Crypto

Online Travel Agencies Booking.com and Travala.com Enters Into Strategic Partnership for Mass Adoption of Crypto

Travala.com, a crypto-friendly travel platform founded in 2017 and Booking.com, an online travel agency established in 1996 have signed a strategic partnership deal that is aimed at encouraging the mass adoption of cryptocurrency.

Infinito And Paxful Partner to Accelerate Cryptocurrency Adoption Across the World

Infinito And Paxful Partner to Accelerate Cryptocurrency Adoption Across the World

Infinito has partnered with Paxful to support cryptocurrency adoption globally.

Africa Crypto Adoption Sparks Regulation Concerns

Africa Crypto Adoption Sparks Regulation Concerns

The accelerated growth of blockchain technology in Africa recently has raised concerns over the possible implementation of knee-jerk regulation.

Dash NEXT: Fostering Crypto Adoption in Asian Tourism

Dash NEXT: Fostering Crypto Adoption in Asian Tourism

Felix Mago is the CEO of Dash Thailand, and has been working in the blockchain space since 2014 and one of the driving forces of cryptocurrency adoption in Thailand. He is the author of the “Bitcoin Handbook” and the co-founder of the Dash Embassy Thailand as well as the co-founder of Futerio, a southeast Asia based gateway to blockchain, ICOs, and OTC brokerage.

China's Crypto Adoption is Ahead of the US, According to Chainalysis’ On-Chain Metrics

China's Crypto Adoption is Ahead of the US, According to Chainalysis’ On-Chain Metrics

Chainalysis recently published a report on the global adoption of cryptocurrencies and found that China is ahead of the US on the list.

SludgeFeed Joins Hands with OpenSea for Seamless Adoption  of Blockchain Gaming

SludgeFeed Joins Hands with OpenSea for Seamless Adoption of Blockchain Gaming

SludgeFeed, a platform in the blockchain gaming sector, has collaborated with OpenSea, a notable digital marketplace for crypto collectibles, to propel the adoption of blockchain gaming by presenting relevant items on its structure.

Bitcoin Is at a Critical Point on The Adoption Curve, Says On-Chain Analyst

Bitcoin Is at a Critical Point on The Adoption Curve, Says On-Chain Analyst

Cole Garner, an on-chain analyst, has disclosed that BTC is at a critical inflection point in its adoption journey as institutional investors step in.

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