Some prominent entrepreneurs, including Tesla’s CEO Elon Musk and Ark Invest’s CEO Cathie Wood, have criticized the U.S. Federal Reserve for its ongoing rate rises, which they say have hampered market conditions and increased the likelihood of a recession. The global markets have become more optimistic as a result of
As far as we can tell, a Colombian court created legal history by conducting one of the first judicial proceedings in the nation in the metaverse. The hearing, took place on February 15. And was pushed by Magdalena court judge Mara Victoria Quiones Triana. It employed Horizon Worlds technology offered
Brian Armstrong, CEO of Coinbase, a cryptocurrency exchange, has urged lawmakers to establish clear crypto regulations. In addition to Armstrong, many others have voiced their dissatisfaction with the ambiguity of U.S. crypto policy, claiming that it makes it impossible for businesses to operate within the law. Yet, Gary Gensler, head
According to a post-mortem report published by the Dexible team on the project’s official Discord channel on February 17. The multichain exchange aggregator was breached, resulting in the loss of $2 million worth of cryptocurrencies. From 6:35 pm UTC on February 17, a popup warning regarding the attack has been
On Friday, the US Securities and Exchange Commission (SEC) charged ex-NBA star Paul Pierce with crypto breaches. The charges against him center on his promotion of EthereumMax (EMAX) coins on social media without providing the necessary context. The SEC said the ex-player made deceptive claims in a promotion for EMAX.
To better adapt to the fluctuating crypto market, OpenSea, the industry’s top NFT platform, has announced that it would temporarily abolish its 2.5% charge on sales and reduce creator royalty protections. This action was taken in reaction to mounting threats posed by upstart competitor Blur. As of this past Friday,
FLOKI, the memecoin in dog Viking form is making new achievements. For a brief moment, the token surpassed DOGE, SHIB, and GMT tokens in the most traded category by BNB chain whales. The trading volume of the token is $148 million, in the last 24 hours. $FLOKI is the most
As of April 1, 2023, the first consumer pilot of Russia’s central bank digital currency (CBDC) will be introduced by the Bank of Russia. According to Russia’s first deputy governor Olga Skorobogatova, digital ruble transactions involving 13 regional banks and many retailers will be introduced by the Russian central bank.
KnownOrigin, a marketplace for non-fungible tokens (NFTs) by the e-commerce platform eBay, is launching creator smart contracts for its artists. This is according to a tweet from the company’s official account on February 16. The new contract allows artists to share in profits and royalties as equal partners. According to
Many nations increased their work on central bank digital currency (CBDC) in the middle of 2022’s brutal bear market. Now, it seems that Japan is also heading on a similar path. It was recently announced that the Japan CBDC, or digital yen pilot programme, is scheduled to launch in April.
