Author: Donald Munn
The markets seemed to have already priced in the increases, but the war has shattered the forecasts. High inflation and the effect on the markets The figure released a couple of days ago for annual inflation in the United States of America is truly sensational. Indeed, the 8.5% recorded in March is the highest in 40 years. JUST IN: US inflation hit 8.5% in March – the highest level since the end of 1981. High gas prices accounted for half the March inflation spike. (Gas prices peaked on March 11). Rising food and rent prices also hurt. Wages (up 5.6%…
It is called Backup Ukraine and is a digital project created by the Polycam app in collaboration with UNESCO to digitally save Ukraine’s artistic heritage. Backup Ukraine, the digital project to save Ukraine Polycam launches the Backup Ukraine project in collaboration with UNESCO to digitally preserve Ukraine’s historical and artistic heritage UNESCO’s Danish National Commission and Blue Shield Denmark are launching a new project aimed at digitally preserving at least the historical and artistic territory of Ukraine. With the conflict with Russia, many of the country’s monuments and works of art are clearly at risk of destruction. The Backup Ukraine…
Akeneo’s report shows how the metaverse in retail is driving digital demand for product information. The metaverse in retail and Akeneo’s research in the UK The digital collection of information on products accessible from the metaverse is becoming increasingly important According to Akeneo’s ‘2022 B2C Survey: Product Experience Satisfaction Around the World‘ report, which surveyed over 1800 consumers, it appears that in the UK 32% would like to be able to use voice commerce technology to find out about the goods and services they want to buy. Not only that, the research results also report that 37% would be open…
The collaboration between three big names in gaming, Epic Games, SONY and LEGO, aims to create a new metaverse. Epic Games, SONY and LEGO are creating a metaverse Epic Games, SONY and LEGO together to develop a new metaverse, a virtual world dedicated to children and families On Monday, it was reported that SONY had taken a substantial $1 billion step in the direction of the metaverse, an investment in the development and subsequent enhancement of Epic Games‘ revolutionary “Unreal Engine 5” development engine. SONY is not the only investor. Another billion comes from Kiribi, the company that owns LEGO,…
Meta, Facebook’s parent company, will charge creators of virtual goods that can be sold on the Horizon Worlds platform a 47.5% tax, almost half of their earnings. Meta and the fees of Horizon World’s creators Meta imposes a 47.5% tax on products developed and sold by creators on Horizon Worlds On Monday, Mark Zuckerberg’s company, Meta, had announced its testing of innovative tools that will allow creators of virtual goods to be able to sell them on the Horizon Worlds platform, earning real money. Something that Zuckerberg himself would like to see in the long run as a chance for…
SPONSORED POST* Hundreds of new altcoins enter the market every year but not all of them turn into breakout stars. So, what attributes set the success stories apart from the competition? One coin that analysts are backing as one of the most promising newcomers of 2022 is RBIS, the token behind the ArbiSmart project. While the RBIS price currently stands at a little under $2, analysts are projecting a huge leap in value, of 8,000% in the coming year, which means huge capital gains for the investor who gets on board before the price soars. Let’s dive in to examine…
More mining farms and nearly 4,000 machines for mining Bitcoin and cryptocurrencies using the PoW protocol have been seized in China. Seizures of Bitcoin mining machines continue in China About 4,000 Bitcoin mining machines seized in China The country banned mining completely in May last year, and at first it seemed that it had succeeded in imposing a total ban across the country. However, it was later discovered that a number of Chinese were continuing to mine Bitcoin incognito, so much so that some estimates suggest that 20% of the world’s hashrate is still allocated in China today. So the…
It now seems that Ethereum is ready for the transition to PoS that should radically change the ecosystem of the currency founded by Buterin. Ethereum prepares for PoS implementation Almost everything is ready for Merge, the transition from the PoW protocol to the PoS protocol for Ethereum It seems that everything is now finally ready to launch Ethereum 2.0, the new phase of the second-largest digital currency by capitalization, the first phase of which was launched in December 2020. Ethereum’s much-anticipated new update may actually arrive slightly earlier, according to rumours, than its planned launch date of late June 2022.…
A new “need” seems to have exploded in the world of finance: ETFs on the spot price of Bitcoin. The survey on Bitcoin spot ETFs The market is looking forward to having Bitcoin spot price ETFs In reality, this need for crypto ETFs goes back a long way, at least since other more daring markets have already entered this world by issuing sui generis ETFs, such as Canada. America’s neighbours have already shown not only that it can be done, but also that it is an instrument that has an excellent yield despite the global financial period not leaving much…
For several weeks now, speculation has been circulating that the price of Ethereum (ETH) could rise towards $10,000 after the switch to PoS. Merge represents the hope of Ethereum hitting $10,000 The possibility for the price of Ethereum to hit $ 10,000 after the highly anticipated Merge The reference point that many are setting as a possible high for this phase is $10,000 and Merge is getting closer as the first shadow fork has gone live. This was the first time we attempted a mainnet-shadow-fork, we were expecting to learn a lot from the transition! The next week or so…