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    Japan senior coalition lawmaker urges economic stimulus

    Natsuo Yamaguchi, head of Komeito, the junior partner in Prime Minister Fumio Kishida’s coalition, said the measures were among steps needed to prepare for a further rise in prices of oil, wheat and other goods as a result of Russia’s war on Ukraine, a party spokesperson said, confirming media reports.Yamaguchi also urged the government to curb retail fuel prices by invoking a “trigger clause” allowing it to cut the gasoline tax in addition to existing energy subsidies, the spokesperson said. More

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    LimeWire Resurrects from the 2000s as an NFT Marketplace

    Last year, Austrian brothers Julian and Paul Zehetmayr bought the rights to LimeWire’s name and are planning to adapt it to the next generation of the internet. They will create an NFT marketplace focused on music, plus art and entertainment products.The platform will relaunch in May as an NFT site where users will be able to buy and trade limited edition NFTs without a crypto wallet. The founders said they want to make NFTs as accessible to everyone as possible.“The issue with the NFT market is that most platforms are decentralized. If you look at Bitcoin, all the exchanges are making it really easy to buy, trade and sell Bitcoin. There’s no one really doing the same in the NFT space,”
    Julian Zehetmayr told CNBC.“We’ve obviously got this great mainstream brand that everybody’s nostalgic about. We thought we needed to build a real mainstream user experience as well,”
    he added.The entrepreneur brothers also plan to launch a LimeWire token, which will enable holders to vote on LimeWire policy changes and select which artists are featured in the site’s music charts.EMAIL NEWSLETTERJoin to get the flipside of cryptoUpgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.[contact-form-7]
    You can always unsubscribe with just 1 click.Continue reading on DailyCoin More

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    U.S. imposes new sanctions on Russian billionaire, Putin spokesman's family

    Russia has faced a slew of measures since launching its Feb. 24 invasion, the biggest attack on a European state since World War Two. Those hit by Friday’s sanctions include 10 people on the board of VTB Bank, the second-largest lender in Russia, and 12 members of the Duma, Russia’s lower house of parliament, the U.S. Treasury Department said in a statement.”Treasury continues to hold Russian officials to account for enabling Putin’s unjustified and unprovoked war,” Treasury Secretary Janet Yellen said.Putin’s spokesperson Dmitry Peskov was targeted on March 3. Friday’s measures extend to his wife and two adult children. They lead “luxurious lifestyles that are incongruous with Peskov’s civil servant salary,” the Treasury said in a news release.The Kremlin did not immediately reply to a Reuters request for comment. Four Novikombank board members, including chair Elena Georgieva, and ABR Management and four of its board members, including Bank Rossiya chair Dmitri Lebedev and Vice Governor of St. Petersburg Vladimir Knyaginin, were also targeted with sanctions, the State Department said. In mid-February, Russia’s lower house of parliament voted to ask Putin to recognize two Russian-backed breakaway regions in eastern Ukraine as independent. Eleven members and speaker Vyacheslav Volodin were added to the sanctions list on Friday. “Today’s designations further hold to account those actors who were directly responsible for Russia’s illegitimate and unlawful recognition … and facilitating the sham pretext used by Putin to justify the … unprovoked war against Ukraine,” the Treasury said. Justifying the move at the time, Volodin said: “Kyiv is not observing the Minsk agreements. Our citizens and compatriots who live in Donbass need our help and support.” The Minsk agreements are a pair of accords signed in 2014 and 2015 in the hope of ending violence between pro-Russian separatists in eastern Ukraine and the Kyiv government.Russia calls its actions in Ukraine a “special operation” that it says is not designed to occupy territory but to destroy its southern neighbor’s military capabilities and capture what it regards as dangerous nationalists. More

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    Polygon network suffers from extended service outage after upgrade

    On Thursday at 4:20 pm UTC, Polygon network developers notified users on the project’s forum that there would likely be downtime starting at about 5:50 pm UTC due to maintenance required on one of the network’s three layers. A recent upgrade is thought to have caused an error in the network’s ability to achieve consensus.Continue Reading on Coin Telegraph More

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    PwC report calls NFTs 'the future of digital assets in sports'

    The first use case is collectible NFTs — assets used to sell collectible, authenticated and limited edition digital content. This refers to traditional memorabilia like trading cards of players or tickets stubs of historic matches that can be digitized, minted and traded on the blockchain. The report added that these collectibles could eventually be displayable and shared across metaverses. Continue Reading on Coin Telegraph More

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    Citi’s digital asset co-heads resign with plans to create crypto startup

    Kriete co-led the Digital Assets Group with Greg Girasole for less than a year since the unit launched in June, 2021. Girasole also announced his departure via LinkedIn and, together him and Kriete plan to start their own blockchain-related venture. The two said they will share more details about it in the coming weeks.Continue Reading on Coin Telegraph More