THE DAILY ENCRYPT

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Tether And The City Of Lugano Presented Its “Plan B.” What Did We Learn?

The City of Lugano in Switzerland, the most important Italian-speaking city outside of Italy, is not playing around. The goal of their “Plan B” is to “make Lugano the blockchain hub for the entire Europe,” according to  Tether’s Paolo Ardoino. And it will probably succeed. The city wants to attract investment and talent, attract wealth …

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Crypto Allows Ukraine to ‘Operate Internationally,’ Official Says

Amid ongoing hostilities with advancing Russian forces, Ukraine has been increasingly relying on cryptocurrency donations to solve humanitarian problems and finance its defense efforts. Crypto helps the country to receive and quickly distribute money and operate internationally, a high-ranking government official has indicated. Ukraine Accepts, Spends Millions in Crypto, Deputy Minister Reveals Since the Russian

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Northern Data Plans to Acquire New HPC Data Center in Oklahoma

Northern Data, a multinational company seeking to bring radical change through unprecedented innovation and ideas in high-performance computing (HPC), is rapidly advancing its expansion efforts. In a recent press release, the Germany-based corporation has announced an upcoming partnership with the State of Oklahoma in its latest endeavor. Northern Data and Oklahoma will leverage their collaboration

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Multi-Chain Evolution: Why Blockchain’s Future is Interoperable

Is the future of blockchain interoperable? The prevailing headwinds say yes. In recent years, the cryptocurrency industry has gradually transitioned from siloed individual networks to a vast interconnected ecosystem, enabling users to transfer value more freely. Chain Reaction From cross-chain DEX aggregators to wrapped assets (wBTC, etc) via interoperable NFT marketplaces and bridging solutions, the

TA: Ethereum Drops Below $2,800, Why The Bulls Might Struggle

Ethereum extended decline below the $2,800 support zone against the US Dollar. ETH price is declining and might even trade below the $2,675 support zone. Ethereum started a downside correction below the $2,880 support zone. The price is now trading below $2,800 and the 100 hourly simple moving average. There is a key bearish trend …

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