Modern currencies – Kopa Runescape 2 Gold http://www.koparunescape2gold.com/ Fri, 24 Sep 2021 01:28:07 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://www.koparunescape2gold.com/wp-content/uploads/2021/07/kopa.png Modern currencies – Kopa Runescape 2 Gold http://www.koparunescape2gold.com/ 32 32 CryptoGames, the first crypto-oriented online casino to support Solana https://www.koparunescape2gold.com/cryptogames-the-first-crypto-oriented-online-casino-to-support-solana/ https://www.koparunescape2gold.com/cryptogames-the-first-crypto-oriented-online-casino-to-support-solana/#respond Thu, 23 Sep 2021 16:47:00 +0000 https://www.koparunescape2gold.com/cryptogames-the-first-crypto-oriented-online-casino-to-support-solana/ Disclaimer: The text below is a press release which was not prepared by Cryptonews.com. CryptoGames has always been the first choice of avid gamers when it comes to advanced gaming. With a modern concept and attentive service, the casino has led the market since its inception. To date, the casino has successfully offered an attractive […]]]>

Disclaimer: The text below is a press release which was not prepared by Cryptonews.com.

CryptoGames has always been the first choice of avid gamers when it comes to advanced gaming. With a modern concept and attentive service, the casino has led the market since its inception. To date, the casino has successfully offered an attractive range of 9 crypto oriented casino games which can be played using 9 up to date cryptocurrencies. These device-friendly games come with engaging outlook and effective guidelines that make the overall gaming experience as exciting as possible. The casino is also popular for adding the latest updates to meet the needs of both incoming and existing players. One of their most recent updates includes the introduction of a brand new cryptocurrency called Solana. Read along to find out more about the hottest attraction of the time!

Origin of Solana:

The origin of cryptocurrency dates back to the days of the ICO boom. The idea for Solana was first launched to the online world in 2017 when Anatoly Yakovenko published a draft white paper in 2017. The team behind Solana’s creation included veterans Greg Fitzgerald and Stephen Akridge of Qualcomm. It is mentioned that the founding team also included engineers from Apple.

About Solana:

In 2020, Solana was honored when it was launched by the Solana Foundation. The currency has all the potential to solve all of Ethereum’s weaknesses, which is why at present Solana is known as “Ethereum Killer”. The currency has an incredible ability to evolve and reduce transaction costs. Since one of Ethereum’s weaknesses was its high transaction costs, Solana has come to the rescue of many struggling players and cryptocurrency users around the world. It has successfully solved all the problems of the aforementioned currency with its new crypto time stamping system known as Proof of History (PoH).

Find out why CryptoGames chose Solana:

Solana has tackled the limitations of other cryptocurrencies by forming an efficient network that scales the necessary components without additional complexity. The scalable network eliminates all kind of endangering factors and promotes high security and totally high network decentralization. It also guarantees one of the fastest transaction rates on the market.

Solana offers a system that supports cryptographic time stamping. The cryptocurrency displays the ability to successfully guarantee a high number of transaction numbers (estimated to be over 50,000) on a network of 200 nodes. This technically puts Ethereum’s throughput at the bottom of the list. Solana has also become the talking point of the challenge market space by becoming a blockchain that doesn’t compromise UX quality, latency, or its ability to dial at any cost.

Since the cryptocurrency uses modern Cloudbreak functionality, Solana has the ability to simultaneously access and interpret all data while keeping old data handy for backup, making it highly scalable. Which means Solana is very likely to provide shorter block times when processing any request. Due to this reduced delay for block data, the confirmation latency on the network also decreases.

How to play with Solana in CryptoGames:

As we mentioned above, CryptoGames is an online casino that offers a wide range of casino games that must be played using cryptocurrencies. This means that all deposits must be made using cryptocurrencies. Players can use Solana to deposit and instantly start playing the following games Of, Dice 2.0, Roulette, Insert, Video Poker, Plinko, Blackjack, and Minesweeper.

If you don’t own Solana but would like to try it out, you can redeem your bitcoins or one of the cryptocurrencies supported at Solana using the built-in exchange function offered by CryptoGames.

Let Solana become your new way of Catch the winning spirit!

The addition of Solana has now enabled CryptoGames users to explore the world of online gambling with the help of a rising cryptocurrency. Looking at all the promising components that the crypto coin has displayed, our minds have already been blown away. So, CryptoGames is definitely on the verge of getting the most out of Solana. If you haven’t yet, join CryptoGames today.

Links of interest

CryptoGames : https://crypto.games/

CryptoGames Blog: https://blog.crypto.games/

CryptoGames Forum: https://forum.crypto.games/

BitcoinTalk ANN: https://bitcointalk.org/index.php?topic=750760

Facebook: https://www.facebook.com/CryptoGames/

Twitter: https://twitter.com/Crypto_Games

Discord: https://discord.gg/xassxQr

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Scared? You should be – the greatest financial crisis in history is approaching COMMENTARY | Express commentary | Comment https://www.koparunescape2gold.com/scared-you-should-be-the-greatest-financial-crisis-in-history-is-approaching-commentary-express-commentary-comment/ https://www.koparunescape2gold.com/scared-you-should-be-the-greatest-financial-crisis-in-history-is-approaching-commentary-express-commentary-comment/#respond Thu, 23 Sep 2021 09:09:00 +0000 https://www.koparunescape2gold.com/scared-you-should-be-the-greatest-financial-crisis-in-history-is-approaching-commentary-express-commentary-comment/ Now, 13 years later, the central bank’s coordinated “temporary emergency measures” are more important and have continued. Modern central bank money printing (aka modern monetary theory) has destroyed the price discovery mechanisms in the markets. Despite this, the head of the US Senate Finance Committee, Bernie Sanders, adopted these senseless policies. Central bankers here, led […]]]>

Now, 13 years later, the central bank’s coordinated “temporary emergency measures” are more important and have continued. Modern central bank money printing (aka modern monetary theory) has destroyed the price discovery mechanisms in the markets. Despite this, the head of the US Senate Finance Committee, Bernie Sanders, adopted these senseless policies. Central bankers here, led by government policymakers, bailed out billionaires, not High Street.

Look at your own main street – small businesses and mommy and daddy’s shops are gone. Once again, after printing hundreds of trillions of pounds and dollars, these same central bankers assure us that “inflation is transitory.”

Is it similar to one-off, temporary emergency measures?

On many UK radio stations we are frequently told how ‘new wealth’ can be created by investing in new financial products. All advertisements end with this warning phrase: “Your capital is at risk.

When the equity, real estate, fixed income and credit markets reach a point of exhaustion, they “bubble” to extreme valuations.

Today, we are at this breaking point: living on borrowed time in a fantastic world, detached from reality with ridiculous valuations.

During the irrational exuberance of bubbles, retail investors are always the last to dive into markets as they peak as institutions and executives ditch stocks.

Scared? You should be.

Here’s why: In times of extreme economic uncertainty, most people turn to mind-boggling stories or the “shiny object” hanging in front of their noses. Everyone gets richer by investing in the markets – we miss it, buy fast, buy, buy! The acronym for this market mania is FOMO (fear of running out), and it signals an extreme market.

But it’s different this time. Why? Because of inflation.

Global prices for food and raw materials are exploding. Shipping rates have skyrocketed almost 1,400% since 2016, as shown by the Baltic Dry Index. Since last November, oil prices have increased by 100%. And of course the gas goes through the roof.

Over the decades, governments have outsourced most manufacturing activities to China, making China the world’s largest manufacturer for the 11th consecutive year.

In March 2020, I warned that COVID-19 would decimate supply chains and that the West’s over-reliance on China for critical infrastructure and medical supplies would lead to massive shortages.

Today, global supply chains are broken.

Chilling inflation has arrived and the value of fiat currencies will collapse further as governments print more to “inflate their debt.”

Bond defaults on some of the more than $ 11 trillion in corporate debt and bankruptcies will trigger a liquidity crisis with a “domino effect” causing the most severe economic depression in history.

Millions of employees of leveraged zombie companies backed by these NIRPs (negative interest rate policies) will find themselves out of work.

At the same time, senior executives will have made billions cannibalizing future profits with Ponzified share buyback programs.

We all have to suffer from Stockholm Syndrome to fall for the same leadership lies over and over again. Chinese Evergrande is just the tip of the iceberg; a major crash is coming, creating huge opportunity for a few, disaster for most, and higher taxes for everyone.

Mitchell Feierstein is CEO of Glacier Environmental Fund and author of “Planet Ponzi: How the World Got into This Mess, What Happens Next, and How to Protect Yourself”.

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Nuvei Announces Partnership with 888 Holdings, Enables Payments for SI Sportsbook https://www.koparunescape2gold.com/nuvei-announces-partnership-with-888-holdings-enables-payments-for-si-sportsbook/ https://www.koparunescape2gold.com/nuvei-announces-partnership-with-888-holdings-enables-payments-for-si-sportsbook/#respond Wed, 22 Sep 2021 14:00:26 +0000 https://www.koparunescape2gold.com/nuvei-announces-partnership-with-888-holdings-enables-payments-for-si-sportsbook/ News and research before you hear about it on CNBC and others. Claim your 1-week free trial for StreetInsider Premium here. MONTREAL and DENVER, Sep 22, 2021 (GLOBE NEWSWIRE) – Nuvei Corporation (TSX: NVEI and NVEI.U) today announced its partnership with 888 Holdings Plc (LSE: 888) (“888”), one from the world’s largest online betting and […]]]>

News and research before you hear about it on CNBC and others. Claim your 1-week free trial for StreetInsider Premium here.


MONTREAL and DENVER, Sep 22, 2021 (GLOBE NEWSWIRE) – Nuvei Corporation (TSX: NVEI and NVEI.U) today announced its partnership with 888 Holdings Plc (LSE: 888) (“888”), one from the world’s largest online betting and gaming companies, to provide its instant bank transfer payment solution to the new SI Sportsbook, Sports Illustrated’s premier online sports betting and iGaming company in the United States.

888 has partnered with Authentic Brands Group (“ABG”), owner of the Sports Illustrated (“SI”) brand, to launch SI Sportsbook, a sports betting platform that integrates with sports news, analytics and information of betting from SI. Nuvei’s instant bank transfer technology will feed consumers’ deposits on the platform, providing transparent, real-time bank account funding. With a first launch in Colorado, SI Sportsbook is expected to launch in Indiana, Iowa, and New Jersey at a later date, with more states to follow in the years to come.

SI Sportsbook consumers will now have access to approximately 11,000 financial institutions in the United States through the integration of the Nuvei platform with Plaid. Consumer transactions are fully authenticated through Plaid user initiated bank account verification and are subject to sophisticated risk management controls by Nuvei. Nuvei’s exclusive platform also adds conversion enhancement features, including one-click deposits for returning players.

“Providing customers with the most convenient, secure and fastest payment experience is at the heart of what Nuvei does,” said Philip Fayer, President and CEO of Nuvei. “We are delighted to partner with 888 to provide an iconic brand such as Sports Illustrated with the ability to enter strongly into the US sports betting and iGaming market, enhancing its player acquisition strategy through our user experience. the best in its class. industry-leading risk management and instant payments.

“Following the announcement of our strategic partnership with Sports Illustrated, we are delighted to offer Nuvei’s innovative services to sports betting fans,” said Yaniv Sherman, SVP Head of US at 888. “With strong opportunities Growing across the United States, it’s important to us to deliver a first-class betting and gaming experience that includes a diverse suite of payment options. The partnership with Nuvei allows us to enhance the player experience and strengthen SI Sportsbook’s position as a leading platform in the market.

About Nuvei

We are Nuvei (TSX: NVEI and NVEI.U), the global payment technology partner of successful brands. We provide the intelligence and technology businesses need to succeed locally and globally, through a single integration – propelling them further, faster. By combining payment technology and consulting, we help businesses remove payment barriers, optimize operating costs and increase acceptance rates. Our proprietary platform provides seamless checkout and payment capabilities, connecting merchants to their customers in 204 markets around the world, with local acquisition in 45 markets. With support for over 480 local and alternative payment methods, nearly 150 currencies, and 40 cryptocurrencies, merchants can take advantage of any payment opportunity that comes their way. Our goal is to make our world a local market.

For more information, visit www.nuvei.com.

About 888 Holdings Plc

888 Holdings plc (and with its subsidiaries, “888“or the”Group“) is one of the world’s leading online betting and gaming companies. 888’s mission is to develop cutting-edge technology and products that provide fun, fair and safe digital gaming products to players around the world . the Group and, at the start of 2020, 888 launched its ‘Safer. Better. Together’ safer playing strategy and commitments.

888 has been at the forefront of the online gaming industry since its founding in 1997, leveraging its proprietary technology to provide players and B2B partners with an innovative, world-class online gaming experience.

In 2020, the company was proud to be recognized at the 2020 Gaming Intelligence Awards as the winner of the Casino Operator of the Year Category. In 2020, 888 also won two prestigious awards for its poker platform at the 2020 Poker Listings Operator Awards in the Most improved software and best software for beginners categories.

The Group is structured into two business segments: B2C, under the 888 brands, and B2B, led by Dragonfish, which provides partners with a leading platform through which to establish an online gaming presence and monetize their own. brands in a safe and responsible manner.

888 consumer websites offer more than online betting and gaming. They are entertainment destinations: places where people can enjoy a truly interactive experience and be part of an online community that shares common interests. The strong and trusted brands of 888 are all accessible through www.888.com.

To learn more about 888, visit http://corporate.888.com/.

About Sports IllustratedSports Illustrated (SI) is an unprecedented and influential leader recognized for shaping modern culture and uniting athletes, teams and fans around the world. SI’s award-winning media company brings powerful storytelling to life on platforms ranging from award-winning video to Emmy to monthly print magazine with a 60-year legacy. Get in-depth features, poll profiles, and iconic and beloved photography from the game’s top sports writers on SI.com. Sports Illustrated also shares its unique and authentic perspective throughout the year through marquee events, immersive activations, long-running TV, film and audio content, and select lifestyle products. Brand expansions include Sports Illustrated Swimsuit, which continues to set the cultural tone and evoke the discussion about what defines beauty on a global scale, and Sports Illustrated Kids, a destination that connects kids ages eight and up. through their passion for sport.

Nuvei contacts:

Investor relations IR@nuvei.com

Public relationsPR@nuvei.com

Main logo

Source: Nuvei

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Two of America’s greatest historians reexamine the nation’s foundation – to understand it in all its complexity https://www.koparunescape2gold.com/two-of-americas-greatest-historians-reexamine-the-nations-foundation-to-understand-it-in-all-its-complexity/ https://www.koparunescape2gold.com/two-of-americas-greatest-historians-reexamine-the-nations-foundation-to-understand-it-in-all-its-complexity/#respond Tue, 21 Sep 2021 18:30:02 +0000 https://www.koparunescape2gold.com/two-of-americas-greatest-historians-reexamine-the-nations-foundation-to-understand-it-in-all-its-complexity/ And, of course, even the democracy they created was not very democratic. “We the people” did not include blacks, women, or even white men who did not own land. (Nonetheless, as Wood notes, it was the most representative and participatory system in the world at the time.) But the deepest fault was the preservation of […]]]>

And, of course, even the democracy they created was not very democratic. “We the people” did not include blacks, women, or even white men who did not own land. (Nonetheless, as Wood notes, it was the most representative and participatory system in the world at the time.)

But the deepest fault was the preservation of slavery. Although the word “slavery” did not appear in the Constitution, the drafters allowed the slave trade to continue until 1807 to prevent the southern states from leaving ship. And yet the Constitutional Convention was the closest America came to abolishing slavery until after the Civil War. Wood and Ellis both write that the Revolution galvanized opposition to slavery not only in the North but also in Virginia. Wood notes that the first anti-slavery convention in world history met in Philadelphia in 1775. After the war, Massachusetts, Connecticut, and Rhode Island passed laws eliminating the slave trade. The editors knew how hypocritical their tolerance of slavery was after talking for years about breaking free from their slavery in England.

Wood refutes the myth that only the delegates from the South owned slaves: he notes that John Hancock of Boston, John Dickinson of Philadelphia, and Robert Livingston of New York were all slave owners. But none of them were proud of it, and many delegates from the North thought the institution was wasting away. “No prominent member of the revolutionary generation,” writes Ellis, “ever attempted to argue that slavery was morally compatible with the values ​​of the Declaration.

Yet there was something that the revolutionary generation cared about even more than the abolition of slavery, and that was the creation of a nation. At the start of the Constitutional Convention, the delegates from the North introduced a clause abolishing slavery. The southern states vehemently opposed and the northern delegates nodded. Why? Wood quotes Madison’s desperate line: “As great as the evil is, a dismemberment of the Union would be worse. Ellis writes that if South Carolina had had to choose between independence and maintaining slavery, it would have chosen to preserve slavery. It is a difficult position to negotiate.

Although Wood signed a letter criticizing some of the arguments of Project 1619, he and Ellis see issues of race and slavery as the great flaws in America’s birth. “The two unchanging legacies of the Cause,” Ellis writes, “American independence and slavery established the central contradiction in American history from the very beginning. What enriches these two books is their moral complexity. Despite our central contradiction, both Wood and Ellis believe in what they call a “little r” civic republicanism, a sense of public interest embedded in our foundation. Yes, there may be flaws in our software, but the Constitution also contains a built-in autocorrection mechanism: it can be changed. Union can be made more perfect.

Can America really be great if we are built on a foundation that includes slavery? Ellis and Wood would both say that while the Constitution contains this terrible flaw, it also contains the remedy for the wrongs of democracy – if we choose to use it.

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Treasury to sanction SUEX virtual currency exchange on ransomware transactions https://www.koparunescape2gold.com/treasury-to-sanction-suex-virtual-currency-exchange-on-ransomware-transactions/ https://www.koparunescape2gold.com/treasury-to-sanction-suex-virtual-currency-exchange-on-ransomware-transactions/#respond Tue, 21 Sep 2021 14:42:12 +0000 https://www.koparunescape2gold.com/treasury-to-sanction-suex-virtual-currency-exchange-on-ransomware-transactions/ ERShares COO Eva Ados reveals her best cybersecurity pieces in “The Claman Countdown” The Treasury Department will impose sanctions on the SUEX OTC, SRO virtual currency exchange on Tuesday after determining that it has “facilitated transactions involving illicit products” for at least eight ransomware variants, officials said. administration. The Treasury Department explained on Tuesday that […]]]>

The Treasury Department will impose sanctions on the SUEX OTC, SRO virtual currency exchange on Tuesday after determining that it has “facilitated transactions involving illicit products” for at least eight ransomware variants, officials said. administration.

The Treasury Department explained on Tuesday that some virtual currency exchanges have proven to be “a critical element” for ransomware, as virtual currency “is the primary means of facilitating ransomware payments and associated money laundering activities. “.

BIDEN SIGNS NATIONAL SECURITY MEMO TO PROTECT CYBERSECURITY FROM CRITICAL INFRASTRUCTURE

Assistant Treasury Secretary Wally Adeyemo said the agency’s goal was part of the Biden administration’s whole-of-government effort to tackle ransomware and cybercriminals, and that it would work to “destroy and deter these criminals by attacking their financial facilitators “.

The designation of SUEX by the Treasury Department’s Office of Foreign Assets Control is the “first designation of a virtual bureau de change with complicity in criminal ransomware activity,” Adeyemo said.

Officials said SUEX facilitated transactions involving illicit products for at least eight ransomware variants, with more than 40% of its known transaction history associated with illicit actors.

The Treasury Department said virtual currency exchanges, like SUEX, are “critical to the profitability of ransomware attacks, which help fund additional cybercrime activity.”

“The Treasury will continue to disrupt and hold accountable these entities in order to reduce the incentive of cybercriminals to carry out these attacks,” the Treasury Department said, adding that the designation of SUEX was made in coordination with the FBI.

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Ransomware attacks have increased in “scale, sophistication and frequency” and have victimized governments, individuals and private businesses around the world.

“Ransomware is a complex global challenge,” said Anne Neuberger, deputy national security adviser for cybersecurity and emerging technologies. “Criminals operate in space because it is profitable.”

Neuberger said that in 2020 ransomware payments reached over $ 400 million, more than four times their 2019 level.

“These payments are only a fraction of the economic damage caused by cyber attacks,” she said.

“The fight against ransomware is a matter of national security,” added Neuberger, noting that the Biden administration has a “comprehensive” and “targeted” approach to the problem.

Neuberger said the administration’s strategy focuses on disrupting ransomware infrastructure and actors; promote resilience by working with private sector partners; address vulnerabilities; fight against the abuse of virtual currency to pay ransom; and leverage international cooperation to disrupt the ecosystem.

Officials said the goals of those seeking to militarize technology for personal gain are “to disrupt our economy and harm the businesses, families and individuals who depend on it for their livelihoods, economies and futures. “.

CYBERSECURITY OFFICIAL WARNS OF SEVERAL RANOMWARE ATTACKS

“The Treasury will continue to use its powers against malicious cyber actors in concert with other US departments and agencies, as well as with our foreign partners to disrupt the financial nodes linked to ransomware payments and cyber attacks,” added the Treasury, saying sanctions controls prevent individuals from “exploiting virtual currencies to undermine US foreign policy and national security interests.”

Adeyemo stressed that cyber attacks and ransomware are “a threat to national security and our economy”, adding that the Treasury Department will work with the private sector to ensure that they “take decisive action to strengthen their cyber defenses” – in particular for critical American infrastructures.

Adeyemo noted that the private sector has “demonstrated” its commitment to cyber hygiene and coordination with federal law enforcement agencies should an attack occur, but said the administration “does not expect that the private sector alone solves the problem of ransomware and cyber attacks “. . ”

He added that close cooperation and collaboration between the private sector and the government “can protect our economy and ensure economic growth.”

“The Treasury is committed to using all the tools of the Treasury to prevent, deter and disrupt these cybercriminals,” Adeyemo said.

The Biden administration’s efforts to bolster cyber defenses come after a series of ransomware attacks earlier this summer, with malicious foreign actors targeting pieces of critical U.S. infrastructure.

CYBERSECURITY OFFICIAL WARNS OF SEVERAL RANOMWARE ATTACKS

In June, a ransomware attack shut down the US-based meat factories of the world’s largest meat packer, Brazil-based JBS. The White House said the hack was likely carried out by a Russian-based criminal group.

The attack on JBS came just weeks after America’s largest fuel pipeline, the Colonial East Coast Pipeline, was targeted by a criminal group from Russia.

Senior administration officials have said that the “best” comprehensive approach is to modernize national defense, the federal government, state and local governments and critical infrastructure, as well as the wider private sector so that they are “modern enough to cope with the threat”.

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President Biden in July signed a national security memorandum directing his administration to develop cybersecurity performance targets for Infrastructure in the United States – entities such as power companies, chemical plants and nuclear reactors.

The memo also formally established the Biden Cyber ​​Security Initiative, a voluntary collaborative effort between the federal government and critical infrastructure entities to facilitate the deployment of technologies and systems that provide visibility indicators and detections of threat.

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Does Pokémon TCG Live have a Battle Pass? https://www.koparunescape2gold.com/does-pokemon-tcg-live-have-a-battle-pass/ https://www.koparunescape2gold.com/does-pokemon-tcg-live-have-a-battle-pass/#respond Tue, 21 Sep 2021 02:17:46 +0000 https://www.koparunescape2gold.com/does-pokemon-tcg-live-have-a-battle-pass/ Pokémon TCG Live will bring the world of digital simulation to the Pokemon franchise in what feels like a more modern format, with the new platform adding several aspects and features that weren’t permanently present in the games when the original Pokémon TCG Online launched in 2012. This includes several different in-game currencies, a ranked […]]]>

Pokémon TCG Live will bring the world of digital simulation to the Pokemon franchise in what feels like a more modern format, with the new platform adding several aspects and features that weren’t permanently present in the games when the original Pokémon TCG Online launched in 2012.

This includes several different in-game currencies, a ranked scale, and a Battle Pass template that will be integrated directly into the game.

For now, all we know is that the Battle Pass will have several variations, including a Premium Pass, which will give players rewards based on the number of quests they complete. Two new daily quests will be available to players each day, which will give them quest experience and rewards, such as boosters, accessories, and more.

For players who want a high level experience, they can use one of the in-game currencies, Crystals, to upgrade their Battle Pass to the Premium Pass.

Related: All Pokémon TCG Live currency explained – coins, credits and crystals

No details about the Battle Pass or Premium Pass have been revealed other than basic daily information and reward offers.

We’ll likely learn more about the two styles of Battle Passes, what sets them apart and what players can expect when trying to complete them when. TCG live will enter its open global beta at some point later this year.

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Gas price crisis threatens to derail European recovery https://www.koparunescape2gold.com/gas-price-crisis-threatens-to-derail-european-recovery/ https://www.koparunescape2gold.com/gas-price-crisis-threatens-to-derail-european-recovery/#respond Mon, 20 Sep 2021 17:15:19 +0000 https://www.koparunescape2gold.com/gas-price-crisis-threatens-to-derail-european-recovery/ Updates on the economic impact of the coronavirus Sign up for myFT Daily Digest to be the first to know about news about the economic impact of the coronavirus. This article is an in-place version of our Road to Recovery newsletter. Sign up here to receive the newsletter straight to your inbox three times a […]]]>

Updates on the economic impact of the coronavirus

This article is an in-place version of our Road to Recovery newsletter. Sign up here to receive the newsletter straight to your inbox three times a week

Good evening from London and welcome to the first edition of The Road to Recovery, our revamped newsletter on how the pandemic is reshaping the global economy and business world. We hope you enjoy the changes we’ve made.

We begin our journey with an issue that threatens to hold back economic progress across Europe: the unprecedented surge in gas prices that is wreaking havoc on energy markets and fueling inflation fears across the continent.

Prices rose as inventories fell due to a number of factors including a prolonged cold winter, declining supplies from Russia and gas fields being out of order for maintenance.

European governments are stepping up actions to help struggling households and energy companies ahead of a Wednesday meeting of EU ministers – who fear the crisis will also hurt their green energy plans.

Across the Channel, British Prime Minister Boris Johnson blamed the problems on the recovery of the global economy, likening the situation to a nation rushing to “put the kettle at the end of a television program”. His government is considering state-guaranteed emergency loans to save small vendors, as the industry has warned that only 10 out of 55 vendors could last until Christmas. Meanwhile, the biggest companies have called for a “bad bank” to house customers that suppliers couldn’t take without losing money.

The crisis is expected to drive inflation up across Europe, acting “as an effective tax hike for households.” . . reduce their discretionary spending and slow down the recovery in Europe, largely driven by the rebound in consumer spending, ”according to an analyst.

The drama has spread far beyond the energy sector, especially food production. The UK meat industry faces a severe shortage of carbon dioxide – used to stun slaughter animals as well as in packaging and refrigeration – after soaring gas prices halt production of two large fertilizer factories. CO2 is a by-product of fertilizer manufacturing and around 60 percent of the UK’s CO2 supplies come from the two closed factories.

Ranjit Boparan, head of 2 Sisters Food Group, whose businesses include turkey processor Bernard Matthews, urged the government to act quickly. Without a CO2 supply, “Christmas will be canceled,” he said. As our column Lex points out, Turkey’s nervousness may seem a bit dramatic, but highlights a serious point: the fragility of modern supply chains.

What would you like to see in the next issues of Road to Recovery? Please send us your comments and feedback to RoadtoRecovery@ft.com

Latest news

  • Vaccinated passengers from UK and EU will be able to travel to the US from November, ending the 18-month ban imposed by former US President Donald Trump

  • US homebuilder confidence edged up in September, the first increase in five months, boosted by lower lumber prices and strong demand

  • The UK has started vaccinating 12-15 year olds. Approximately 3 million children will be eligible for their first dose of BioNTech / Pfizer vaccine in the coming weeks

For the latest updates on coronaviruses, visit our live blog

Good to know: the economy

It’s a big week for central bankers, with monetary policy updates expected in the United States, Japan, the United Kingdom and Norway, which could become the first of the group of major G10 currencies to raise interest rates from the start on Thursday. of the pandemic.

Global investors are especially looking for clues US Federal Reserve on when it could start scaling back its pandemic contingency measures when it makes its announcement on Wednesday. President Joe Biden, meanwhile, faces a period of crisis as Congress returns to work and negotiations intensify over his $ 5 billion spending plans, as our Big Read explains.

The latest European news

General election in Germany Sunday marks the end of Angela Merkel’s 16 years as Chancellor and could see her center-right CDU / CSU bloc beaten by the center-left Social Democrats (SPD). Here’s our guide to the Merkel era in charts and here’s our live poll tracker for the latest information on party state and voter preferences for the coalition. Sign up for our excellent Europe Express newsletter which will keep you up to date with everything you need to know (Premium subscription required).

The last world

Results of General Election of Canada are due tonight with polls showing Justin Trudeau’s Liberals could once again emerge as the biggest minority party. The prime minister hoped his party’s handling of the pandemic and the success of the vaccination campaign would help him win a majority.

The view that “no one is safe until everyone is safe” was reiterated by UN chief António Guterres, who warned that unless vaccines against the coronavirus were no longer distributed evenly across the world, there was a real risk of vaccine-resistant variants emerging.

Former British Prime Minister Gordon brown, who has been appointed global health financing ambassador for the World Health Organization, said 100 million surplus vaccines in the United States and Europe could be wasted by Christmas unless they are redistributed to the poorest countries. President Carlos Alvarado of Costa Rica warned of unrest in the developing world without more Covid aid.

Iran overturned the ban on importing foreign vaccines as its new hard-line president steps up vaccination efforts in a country hit hard by the pandemic.

Namely: company

Forget speculation about the Fed’s policy measures and the spread of the Delta variant of the coronavirus: the new concern of global investors is the contagion of the ongoing crisis in China Evergrande, the most indebted real estate developer in the world. Here is our explanation of what went wrong.

The bosses at UK FTSE 250 companies were hit by pay cuts of nearly a fifth in the last fiscal year, with investor pressure leading to cut bonuses and a wage freeze during the pandemic. Excessive business rate Meanwhile, large-scale retail chains are finding it harder to compete on staff salaries and overcome labor shortages, according to the chief of Azzurri, the catering group that owns Zizzi and ASK. Italian.

No jab, no work: French health and social service workers face being suspended from their jobs without pay since the deadline to be vaccinated was passed on September 15. The proportion of people vaccinated in France has now overtaken the United States, Israel and the United Kingdom, with 74% of the population. have received at least one dose, according to Financial Times data. Other European economies are also on the verge of overtaking the UK.

And if you’re interested in what political leaders and key CEOs think about the future of financial services after the pandemic, register here for free for tomorrow’s FT event. Future of Europe.

The world of work

Given the huge changes in the workplace over the past few years, it may come as a surprise that most Britons are too happy in their work as they were over 30 years ago, according to a new poll from The Resolution Foundation. A notable exception is that of low wages, which report much more stress and less autonomy in their professional life.

The show must continue! Management editor Andrew Hill learns lessons from how theaters are coming back to life and how other companies are trying to get their shows back on the road.

Wall Street bosses are making frantic efforts to curb the exodus of exhausted juniors during pandemic trading frenzy by automating some of their “A big job”. The FT’s point of view? Be careful what you want: at least grunts, rather than robots, are given this job. For the moment.

Covid cases and vaccinations

Total global cases: 228.5m

Total doses administered: 5.9 billion

Get the latest global image with our vaccine tracker

And finally . . .

“The visionary new cities of the Modernists a century ago have not materialized; the lesson should be that if we are to make a difference, we must adapt our existing built environment. Architecture correspondent Edwin Heathcote examines how we can reshape our urban spaces and make cities more sustainable.

Drawing of the future city landscape
© Davi Augusto

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What Iran’s Joining the Shanghai Cooperation Organization Means | Middle East News https://www.koparunescape2gold.com/what-irans-joining-the-shanghai-cooperation-organization-means-middle-east-news/ https://www.koparunescape2gold.com/what-irans-joining-the-shanghai-cooperation-organization-means-middle-east-news/#respond Sun, 19 Sep 2021 14:26:06 +0000 https://www.koparunescape2gold.com/what-irans-joining-the-shanghai-cooperation-organization-means-middle-east-news/ Tehran, Iran – Iran’s bid to become a full member of the Shanghai Cooperation Organization (SCO) was approved on Friday after nearly 15 years by the bloc’s seven permanent members. Once the technical and legal process is completed – which could take up to two years – Iran will officially join a group that represents […]]]>

Tehran, Iran – Iran’s bid to become a full member of the Shanghai Cooperation Organization (SCO) was approved on Friday after nearly 15 years by the bloc’s seven permanent members.

Once the technical and legal process is completed – which could take up to two years – Iran will officially join a group that represents about a third of the world’s land and exports billions of dollars a year – as it counts China, the Russia and India, in addition to several Central Asian states, among its members.

After returning from a summit in Dushanbe, Tajikistan, President Ebrahim Raisi called the approval a “diplomatic achievement” which means connecting Iran to Asia’s economic infrastructure and its vast resources.

In a two-day summit speech, he denounced US “unilateralism” and called for a concerted effort to fight sanctions.

President Raisi held a series of high-level bilateral meetings on the sidelines of the SCO summit. They notably led to the signing of eight agreements with Tajik President Emomali Rahmon.

The two have set a target of $ 500 million for annual bilateral trade, which is nearly 10 times higher than current levels.

Rather than major political or economic gains, the main lessons from this short-term success for Iran might be limited to strengthening prestige and diplomacy.

The main problem with Iran’s approach to the SCO is that it sees it as a “concert of great non-Western powers” rather than a modern international organization, and sees it within an anti-Western or anti-Western framework. – American, says Hamidreza Azizi. , visiting scholar at the German Institute for International and Security Affairs (SWP).

“This is despite the fact that countries like Pakistan and India are close partners of the United States, and even Russia and China have never been willing to openly challenge the United States on the world stage. “Azizi told Al Jazeera.

“The combination of these two misunderstandings, as well as Iran’s self-perception as a natural hegemon in West Asia, would make it all appear to Iranian leaders like Iran joining other major anti-Western powers for form a strong coalition that will challenge American hegemony.

Azizi added that SCO members are reluctant to get involved in Iran’s rivalries, which may be why on Friday they also admitted Saudi Arabia, Qatar and Egypt as “Dialogue partners” in a balancing act.

From a diplomatic point of view, the approval is significant.

The country had been an “observer member” since 2005.

Last month, Iranian security chief Ali Shamkhani announced on Twitter that “political obstacles” to full membership had been lifted.

As well as in Farsi, he posted the message in English, Arabic and Hebrew, signaling that it was also a message for the region and the West.

Iran’s previous offers to join the SCO have been blocked because they were under UN sanctions, and some members, including Tajikistan, have opposed them because of Tehran’s perceived support for the Movement. Islamic Republic of Tajikistan.

This is the first time that Iran has become a full member of a major regional bloc since its 1979 revolution, said Abas Aslani, a researcher at the Center for Middle East Strategic Studies in Tehran.

“Iran is subject to unilateral sanctions. This means that SCO members do not recognize them as international sanctions and that is why they accepted Iran’s full membership application, ”Aslani told Al Jazeera.

He added that Iran is considering political and economic gains, especially with China, with which Iran signed a 25-year comprehensive cooperation agreement in March, and Russia, with which Iran is seeking to expand. a pre-existing cooperation agreement.

“In addition, Iran could gain significant access to the Central Asian region, which can be seen as a market for exports of Iranian products,” Aslani said, adding that only time will show how many of these potential l ‘Iran can achieve.

Aslani believes US sanctions could prove to be obstacles on the path to realizing these potentials if they persist, but will not halt Iran’s economic progress.

Iran and world powers have conducted six rounds of talks in Vienna to restore the country’s 2015 nuclear deal, which, if successful, would see US sanctions lifted.

Talks have been on hold since late July to allow Raisi to form his administration, but are expected to resume soon.

“If the nuclear deal is revived, it would only be a wing. The other is the growing development of ties with the East, which would occur regardless of the success of talks with the West, ”Aslani said.

“Direct marginal benefits”

The SCO, born out of the “Shanghai Five” pact of the mid-1990s, is governed by consensus, which limits the scope for major cooperation between its member states.

It also functions more as a place of discussion and engagement where high-level dignitaries from across the region can come together to confer, rather than an alliance like the EU, whose members have a common currency, or the NATO.

Iran’s bombastic accounts of ‘non-Western’ powers and organizations like the SCO in precipitating a shift in the balance of power away from the United States contradict the fact that the SCO does not have the ability to foster deeper integration between these great regional and great powers, “said Nicole Grajewski, researcher in the International Security Program at the Belfer Center for Science and International Affairs.

“There is no Russia-China-Iran axis with formalized alliance-like commitments, and the SCO will certainly not provide the institutional structure for such an alliance,” she said. at Al Jazeera.

Grajewski said SCO membership would provide a forum for closer engagement with the region for Iran, but it was something Tehran already enjoyed as an observer state.

She added that the volume of trade with the national currencies of Iran, Russia and China was modest even as they have been discussing de-dollarization for decades, and that they are not about to launch. an alternative financial messaging service to the Society for Worldwide Interbank Financial Telecommunication. (SWIFT) global financial network.

The SCO is primarily a geopolitical and security organization with limited infrastructure to pursue economic integration and Grajewski said that “the direct economic benefits of the SCO are marginal,” but member states could seek bilateral agreements.

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Coinbase secures US deal in return to Soured deal https://www.koparunescape2gold.com/coinbase-secures-us-deal-in-return-to-soured-deal/ https://www.koparunescape2gold.com/coinbase-secures-us-deal-in-return-to-soured-deal/#respond Sun, 19 Sep 2021 13:56:36 +0000 https://www.koparunescape2gold.com/coinbase-secures-us-deal-in-return-to-soured-deal/ Coinbase continues to gain influence despite regulatory headwinds. The leading US-based cryptocurrency exchange has secured a contract with the Department of Homeland Security with a potential value of $ 1.4 million, exceeding the amount of another similar mandate for the company. Based on the terms of the agreement, Coinbase will provide “application development software as […]]]>

Coinbase continues to gain influence despite regulatory headwinds. The leading US-based cryptocurrency exchange has secured a contract with the Department of Homeland Security with a potential value of $ 1.4 million, exceeding the amount of another similar mandate for the company. Based on the terms of the agreement, Coinbase will provide “application development software as a service” for the U.S. Immigration and Customs Enforcement (ICE) division.

This is not the first contract Coinbase has secured with the government. The company was also selected by ICE in August to provide “computer forensics services” to the agency for just under $ 30,000. The latest contract has a start date of September 16 with an end date in one year and the possibility of an extension until 2024.

“Weird” acquisition

The deal brought back bad memories on social media for its connection to a sour acquisition Coinbase made two years ago. In 2019, Coinbase acquired a company called Neutrino, paving the way for blockchain analysis.

Coinbase was quickly accused of failing to do due diligence after revealing that Neutrino, which made spyware tools, had ties to repressive regimes. The exchange was accused of to be “extremely disconnected from its customers”. Now, this deal appears to be what catapulted Coinbase into the arms of the ICE.

Jesse Powell, who heads competing cryptocurrency exchange Kraken, was among those who questioned the reasons for the contract. He recalled “even more “weird…acquisition [Coinbase] fact and reputation that they have taken to be able to offer this service to the government.

Source : <a href="https://twitter.com/jespow/status/1439449061086556161" rel="nofollow noopener" cible="_Vide" data-ylk="slk:Twitter" classe="lien rapid-noclick-resp">Twitter</a>“src =” “data-src =” https://s.yimg.com/ny/api/res/1.2/83OpKR4_MvQvoRDnDH_wmw–/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTc4Nw–/htti/us.yimap/4Nw res / 1.2 / 9PvzTFgukQmiaIQOdPC0gw– ~ B / aD02NTY7dz04MDA7YXBwaWQ9eXRhY2h5b24- / https: //media.zenfs.com/en/fx_empire_176/4ddac099be79df18413700b67c<noscript><img alt=Twitter“src =” https://s.yimg.com/ny/api/res/1.2/83OpKR4_MvQvoRDnDH_wmw–/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTc4Nw–/https://s.yimg.com/ugTu/g9dpiP – ~ B / aD02NTY7dz04MDA7YXBwaWQ9eXRhY2h5b24- / https: //media.zenfs.com/en/fx_empire_176/4ddac099be79df18413700b67cb858b9 “class =” caas-img “/>

The response to the deal on Reddit was also met with skepticism.

Regulatory headwinds

Coinbase has lost around 25% of its value since its IPO in mid-April of this year.

The company is currently grappling with regulatory hurdles as it seeks to introduce a loan product with decentralized financing (DeFi) features. Still, Coinbase CEO Brian Armstrong isn’t backing down. The company recently applied to expand trading in derivatives apparently for products like Bitcoin and Ethereum futures, where it would compete with companies like CME.

This article originally appeared on FX Empire

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EV Jagat launched to inaugurate electric vehicle ecosystem in India, Auto News, ET Auto https://www.koparunescape2gold.com/ev-jagat-launched-to-inaugurate-electric-vehicle-ecosystem-in-india-auto-news-et-auto/ https://www.koparunescape2gold.com/ev-jagat-launched-to-inaugurate-electric-vehicle-ecosystem-in-india-auto-news-et-auto/#respond Sat, 18 Sep 2021 09:54:00 +0000 https://www.koparunescape2gold.com/ev-jagat-launched-to-inaugurate-electric-vehicle-ecosystem-in-india-auto-news-et-auto/ EV Jagat intends to reach the interior of India and help establish the importance of electric vehicles there. Mumbai: Powered by government consulting firms and pillars of the EV field, EV Jagat is launched to the public. EV Jagat is a platform for all stakeholders in the electric vehicle ecosystem, with a focus on advocacy […]]]>
EV Jagat intends to reach the interior of India and help establish the importance of electric vehicles there.

Mumbai: Powered by government consulting firms and pillars of the EV field, EV Jagat is launched to the public.

EV Jagat is a platform for all stakeholders in the electric vehicle ecosystem, with a focus on advocacy for Indian acceptance of electric vehicles, and a marketplace for all things related to electric vehicles. electric vehicles.

Considered the first such electric vehicle ecosystem pilot in India, EV Jagat works with electric vehicle and battery manufacturers as well as policy makers and citizens to establish the right demand for electric vehicles. It claims to work on the perception of potential consumers and drive them to electric vehicles, using data analysis and artificial intelligence.

“EV Jagat guides buyers by providing them with vehicle and charging options throughout the customer cycle, including financing, insurance and maintenance. In addition to vehicles, we guide consumers on the accessories suited to their needs. We also help OEMs manage their entire supply chain. through our physical warehouses and our digital market. Therefore, if someone wants to buy electric vehicles or sell anything related to electric vehicles, they can access this new ecosystem, ”said Viral Vora, CEO of EV Jagat.

Based in Mumbai, with its central warehouse in Navi Mumbai, EV Jagat intends to reach inside India and help establish the importance of electric vehicles there. The data shows that although the penetration of electric vehicles has started in some metropolitan cities, small towns are far from adopting electric vehicles.

“We realized that there is no central ecosystem that can drive policies as well as consumer behavior, in the context of electric vehicles, in India. Our goal is to have a positive impact on life of citizens, helping them to move towards a sustainable future by solving a major world problems, EV Jagat was created. Today, it has already started to create such an impact, and with this public launch, we hope to transform the ‘space,’ adds Ashwin Srivastava, Managing Partner of EV Jagat and CEO of Sapio Analytics.

India’s electric vehicle market was valued at around USD 5 billion in 2020, with an expected CAGR of over 40% over the next 5 years. Major automakers have branched out for electric vehicles, but many have yet to understand the depth and breadth of the possibilities due to inadequate market research and consumer understanding. EV Jagat hopes to fill this gap.


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The fund of funds will be compared to the STOXX Global Electric Vehicles & Driving Technology NET index. Apart from this, the fund company has filed documents for Navi Nifty India Manufacturing Index Fund and two international funds

To build consumer confidence, an easily available and equitably managed electricity distribution system for public and private charging infrastructure is needed. In addition, the city’s electric utilities must be prepared to deal with the increased demand due to electric vehicle charging.

Hindustan Petroleum Corp has around 85 electric vehicle charging stations and plans to build new charging stations at its fuel outlets, leveraging a nationwide network of service stations and brand loyalty.

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