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Category: Tech

One-Click Bitcoin Payments Are Now Available In 30 Countries

Primer, a global payment infrastructure provider, now allows merchants worldwide to accept bitcoin as payment through a 1-click checkout function through a partnership with OpenNode according to a press release.

OpenNode is a bitcoin payments infrastructure provider and with Primer’s leading commerce automation platform, users across the world will be able to access seamless payments using bitcoin.

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Biden Puts Disinfo ‘Mary Poppins’ On Ice, Scraps Orwellian DHS Board

The Biden administration has “paused” its controversial plans to create a Disinformation Board, causing its would-be leader to resign. 

In a statement Wednesday, Nina Jankowicz, the “disinformation expert” tapped to head the panel, said that “[w]ith the Board’s work paused and its future uncertain, and [sic] I have decided to leave DHS [the Department of Homeland Security] to return to my work in the public sphere.” Jankowicz’s departure and the decision to scrap the board was first reported by the Washington Post.

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Twitter Exec Mocks Elon Musk’s Free Speech Commitment, Jokes About Asperger’s

On Tuesday night, Project Veritas released part two of their bombshell Twitter exposé. This time they got lead client partner Alex Martinez on camera saying that Twitter as a company cares more about ideology than making money. But simultaneously, the employee expresses the thought that Twitter’s rules are what keeps advertisers happy.

“As an advertiser, as my business is what I do everyday and why I go out is like, we want [Twitter] to be as fair and transparent and accurate as possible. And if that means there’s a level of censorship to make it correct. Quote, unquote again. And what does correct mean? I guess, like, it just kind of goes into the idea of like, well, what is correct?”

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Russia Will Inevitably Legalize Crypto Payments Says Trade Minister

Russia will legalize crypto payments “sooner or later” according to the Ministry of Industry and Trade of the Russian Federation, Denis Manturov.

The country’s government has been exploring various crypto adoption plays throughout 2022, but is yet to finalize any concrete policy concerning digital asset payments. However, its legalization has been recommended by Russia’s finance ministry via its “On Digital Currency” bill from April.

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Jeff Bezos Lashes Out at Joe Biden and The Democrats

Years after he avoided responding to attacks from politicians on all sides, the second richest man in the world has decided to fight back. As a challenger determined to bring down the defending champion, Bezos has chosen to be on the offensive. It is he who will dictate the fight by engulfing himself in any opening that his opponent will give him. His tactic is clear: takes a page out of Elon Musk’s book.

In two days, in two successive attacks, Bezos accuses the Biden administration of “misdirection.” Interestingly, the mogul’s attacks come as CEOs grapple with the impact of their policy interventions following the Florida governor’s decision to sanction Disney for taking a stand against the “Don’t Say Gay” bill in the state.

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Buy The Dip, Or Wait For Max Pain? Analysts Debate Whether Bitcoin Price Has Bottomed

It has been a rough week for the cryptocurrency market, primarily because of the Terra ecosystem collapse and its knock-on effect on Bitcoin (BTC), Ethereum (ETH) and altcoin prices, plus the panic selling that took place after stablecoins lost their peg to the U.S. dollar.

The bearish headwinds for the crypto market have been building since late 2021 as the U.S. dollar gained strength and the United States Federal Reserve hinted that it would raise interest rates throughout the year.

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Elon Musk Sends Twitter Stock Into Frenzy After Saying Deal For Site ‘Temporarily On Hold’

Elon Musk sent Twitter’s stock on a rollercoaster ride early Friday as he claimed that his $44 billion deal to take over the site was “temporarily on hold” — then insisted hours later that he was “still committed” to the buyout. 

“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” the Tesla CEO said in an early Friday tweet at 5:44 a.m. 

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Stock Market Today – 5/11: Stocks Slump Lower as April Inflation Data Disappoints; Crypto in Focus as TerraUSD Plummets

U.S. stocks ended firmly lower Wednesday, sharply reversing earlier gains, after April inflation data showed a stubborn stickiness in core consumer price pressures, offsetting the impact of an easing in the headline reading, as investors searched for relief from the market’s ongoing weakness.

“Inflation appears to be entrenched within many areas of the economy and regardless if we have witnessed inflation peak, a persistently slow grind lower will be more problematic for the Fed to simultaneously cool inflation without tipping the economy into recession.”

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Fed Hikes Rate at Fastest Pace in 22 Years, Will Start Shrinking Balance Sheet

In a widely anticipated move, the Federal Reserve raised the official U.S. interest rate by half a percentage point, while saying it will reduce the size of its balance sheet by $47.5 billion a month for three months and going up to $95 billion a month starting in September, according to a statement Wednesday from the Federal Open Market Committee.

The moves come as inflation surges to its highest in four decades, a dynamic that’s being closely tracked by bitcoin (BTC) traders, because the largest cryptocurrency is seen by many as a hedge against rising consumer prices.

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