Author: Donald Munn
As the Fed prepared to announce a 0.25% interest rate hike to compensate for inflation, the stock markets were giving very good signals. Fed Day and the stock market On Tuesday, as well as yesterday, the stock market, although very volatile, showed encouraging signs. The Dow Jones reached 33,544.34 points, the Nasdaq gained 2.92% and the S&P 500 gained 2.14%, driven by rumours from Eastern Europe. Yesterday was no different, with the Dow Jones up 34,062 points, the Nasdaq up 2.76% and the S&P 500 up 1.88%. David Zervos, Chief Strategist at Jefferies, told CNBC that he expected the Federal…
Yesterday, Accenture officially announced the launch of Accenture Metaverse Continuum. Accenture Metaverse Continuum targets enterprises This is a new business group for enterprises dedicated to the metaverse and virtual reality. It will be led by Accenture CTO Paul Daugherty, and Accenture Interactive CEO David Droga. According to a recent Accenture report, the Metaverse Continuum is redefining the way the world works, operates and interacts. The “Metaverse Continuum” refers to a spectrum of digitally enhanced worlds, realities and business models. In such a scenario, companies would already be on their way to a future very different from the one in which…
2022 could be the year of Disney’s official entry into the metaverse, according to rumours in the Wall Street Journal. At the same time, it could also be the year that its former chairman and CEO Bob Iger enters the metaverse. Disney in the metaverse In December of last year, Disney filed a patent for a virtual simulator that would provide theme-park-like thrills and spills directly in the metaverse. “The Walt Disney Company has a long history of pioneering the use of technology to enhance the entertainment experience. (…) Our efforts to date are just a prologue to a time…
Mike Novogratz defends Ukraine against Peter Schiff’s critical remarks about their President, Volodymyr Zelenskyy, saying he will make a donation to the country which has been at war with Russia for 23 days. Mike Novogratz defends Ukraine against Peter Schiff’s criticism of their President Well-known pro-Bitcoin billionaire, Mike Novogratz, has taken to Twitter to defend the people and President of Ukraine, Volodymyr Zelenskyy, against criticism from Peter Schiff, a well-known American investment broker. After that comment I am ready to challenge @PeterSchiff to a cage match where profits go to charity of your choice. I’ll donate to Ukraine relief. I’m…
For the past two days, Coinbase, the Nasdaq-listed US exchange, has been offering its users the ability to manage their SPL tokens based on Solana (SOL) using the Solana blockchain extension supported by the exchange. Coinbase’s extension supporting Solana “Making web3 more user-friendly means more ways to interact and connect with dapps across a wide range of blockchains and networks. Today, we’re introducing our initial phase of support for Solana. Users can now manage their Solana (SOL) and Solana tokens (SPL) alongside their tokens held on all of Coinbase Wallet extension’s supported networks, including Ethereum, Avalanche, Polygon, BNB Chain, and…
Joe Lubin is one of the co-founders of Ethereum, as well as the CEO of ConsenSys. In December he speculated that the Merge between the new Beacon Chain and Ethereum’s current blockchain would take place in the second quarter of 2022, or at the latest in the third quarter. The merge for Ethereum 2.0 according to Lubin Last week, during a chat at the Camp Ethereal crypto event in Wyoming, Lubin confirmed that the process is on schedule. He said that surprisingly the Merge is happening on schedule, so his estimate remains the same. The actual final Merge will occur…
ApeCoin (APE), the new token tied to the popular NFTs in the Bored Ape Yacht Club collection, has plummeted 80% in its first hours of trading, dropping from $39.40 to just $6.48. ApeCoin (APE): the token tied to Bored Ape Yacht Club’s NFTs ApeCoin was launched a couple of days ago and is an ERC-20 utility and governance token, used within the APE ecosystem to enhance and incentivize the building of a decentralized community (DAO) at the forefront of web3. Here is the launch announcement with a roundup of tweets: ApeCoin is owned and operated by the ApeCoin DAO, a…
A few days ago, Synthetix announced the launch of perpetual futures. Perpetual futures on Synthetix These are fully decentralized and modular perpetual futures with up to 10x leverage, and an easy-to-use user interface thanks to Kwenta. Exchanges will be launched on Optimism later this week. Kwenta is a decentralized modular protocol and the first partner to integrate Synthetix perpetual futures with a dedicated user interface. In fact, Synth’s current exchange design does not provide traders with easy access to leveraged trading, or shorting functions. Synthetix perpetual futures will allow traders to open both long and short leveraged positions on a…
The merge test with Ethereum’s new Beacon Chain on the Kiln testnet was successful. And it seems to have worked Post-merge blocks are being produced by validators, and they contain transactions! https://t.co/xearnsuZFp Just waiting on finalization now https://t.co/BEfJOI4qqj pic.twitter.com/c4p1UXB5vw — Tim Beiko | timbeiko.eth (@TimBeiko) March 15, 2022 Problems with the Klin testnet for the transition to Ethereum 2.0 Kiln is the second testnet being tested for the future merge between Ethereum’s current PoW-based blockchain and the new PoS-based blockchain. Post-merge blocks are actually produced by validators on Kiln, and contain transactions, though a problem has occurred. Deleted my previous…
SPONSORED POST* RBIS, the token powering the ArbiSmart project is currently worth around 50 cents, but it is set to soar in the coming months, which could translate to huge capital gains for early adopters. For a variety of reasons, the future of RBIS looks promising, from the growing momentum of the listing process to the array of new, value-added utilities in the pipeline for 2022. As we enter the spring of 2022, some coins have already had their season, while others are about to experience major growth as their prices shoot up. If you didn’t manage to get in…