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NFT Real Estate Sale Goes Awry after $12M Price Drop

NFT Real Estate Sale Goes Awry after $12M Price Drop
NFT Real Estate Sale Goes Awry after $12M Price Drop
June 17, 2022  |  Cryptocurrency

On May 30, Chris Okada listed a non-fungible token (NFT) on the crypto industry’s top marketplace, OpenSea, for 15,000 ether, worth $29 million at the...

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India’s Central Bank Supports Global UPI Digital Payments System
India’s Central Bank Supports Global UPI Digital Payments System
June 17, 2022  |  Digital Payments

The Reserve Bank of India (RBI) has said it will back efforts to internationalize India’s unified payments interface (UPI) digital payments system. Get the Full...

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FinTech SellersFunding Launches 2 New Small Business Financing Resources
FinTech SellersFunding Launches 2 New Small Business Financing Resources
June 17, 2022  |  B2B Payments

eCommerce FinTech company SellersFunding is launching two new working capital products to boost its resources for small businesses, according to a Wednesday (June 15) press...

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EMEA Daily: UK Could Revamp 50-Year-Old Credit Law
EMEA Daily: UK Could Revamp 50-Year-Old Credit Law
June 17, 2022  |  emea

In today’s top stories from Europe, the Middle East and Africa, the U.K. looks at overhauling its decades-old Consumer Credit Act to reduce costs for...

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PYMNTS Data: Two-Thirds of Consumers Not Sympathetic to Restaurants’ Labor Challenges
PYMNTS Data: Two-Thirds of Consumers Not Sympathetic to Restaurants’ Labor Challenges
June 17, 2022  |  Economy

As restaurants continue to struggle with labor challenges, not all consumers are sympathetic to the difficulties they are facing — the majority are not even...

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Cross River Bank Hires Crypto Compliance Chief From Robinhood
Cross River Bank Hires Crypto Compliance Chief From Robinhood
June 17, 2022  |  Personnel

Former Robinhood executive Benjamin Melnicki is joining Cross River Bank, a New Jersey community bank catering to FinTechs, as the chief compliance officer (CCO) for its cryptocurrency team,...

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F1 Teams Deploy APIs for Edge on Track, in Stands
F1 Teams Deploy APIs for Edge on Track, in Stands
June 17, 2022  |  API

When members of a Formula One (F1) racing team are working at the track, they’re not just carrying tools and containers of fuel — they’re...

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Fed Chair: CBDC Could Preserve Dollar’s Standing
Fed Chair: CBDC Could Preserve Dollar’s Standing
June 17, 2022  |  CBDC

A central bank digital currency (CBDC) would help boost the long-term strength of the U.S. dollar, the chair of the Federal Reserve said Friday (June...

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eGrocer Rohlik Raises $230M for Technology Innovation, Expansion
eGrocer Rohlik Raises $230M for Technology Innovation, Expansion
June 17, 2022  |  Investments

Grocery delivery startup Rohlik has raised 220 million euros (about $230 million) in a Series D funding round to further its advances in technology, according...

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