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How 99-year-old publisher Time is leading legacy media into the NFT future

How 99-year-old publisher Time is leading legacy media into the NFT future

Time magazine covers Eric Baradat | AFP | Getty Images NFTs, or non-fungible tokens, have become, perhaps, the most controversial piece of the crypto conversation, evoking both passionate criticism and praise as Web3 becomes a bigger part of popular culture. Able to shut out the noise on both sides of the argument is an unlikely …

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Chinese stocks climb as Asia-Pacific markets rise; RBA expects inflation to peak by year end

Chinese stocks climb as Asia-Pacific markets rise; RBA expects inflation to peak by year end

SINGAPORE — Asia-Pacific markets were mostly buoyant on Tuesday while bitcoin continued to rise after a recent rebound. Meanwhile, Australia’s central bank says inflation will peak by the end of the year. The Shanghai Composite in mainland China traded higher at 0.22% while the Shenzhen Component gained by 0.15%. Hong Kong’s Hang Seng index climbed 0.79%, with tech stocks …

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What you need to know about staked ether, the token at the center of crypto's liquidity crisis

What you need to know about staked ether, the token at the center of crypto’s liquidity crisis

Ether is the second-largest cryptocurrency in the world by market value. Jaap Arriens | NurPhoto via Getty Images Another controversial cryptocurrency is causing havoc in the digital asset market — and this time, it’s not a stablecoin. Staked ether, or stETH, is a token that’s supposed to be worth the same as ether. But for …

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Why the $2 trillion crypto market crash won't kill the economy

Why the $2 trillion crypto market crash won’t kill the economy

Francesco Carta Fotografo | Moment | Getty Images Carnage in the crypto market won’t let up, as token prices plummet, companies lay off employees in waves, and some of the most popular names in the industry go belly up. The chaos has spooked investors, erasing more than $2 trillion in value in a matter of …

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Crypto lender Celsius pauses withdrawals due to 'extreme market conditions'

Crypto lender Celsius pauses withdrawals due to ‘extreme market conditions’

Celsius CEO Alex Mashinsky. Piaras Ó Mídheach | Sportsfile for Web Summit | Getty Images Celsius, a controversial cryptocurrency lending platform, said Monday it was pausing all withdrawals, causing more pain in the fragile crypto market. Celsius is one of the largest players in the nascent crypto lending space, with more than $8 billion lent …

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