Author: Donald Munn
The project for a new digital Yuan is proceeding apace, expanding testing to other cities in China. China’s CBDC, also known as the Digital Yuan China continues the tests on the digital Yuan in order not to lose the advantage gained over Europe and the United States As the Covid19 pandemic forces new restrictions on the Chinese government, tests for a new digital state currency continue in Shenzhen and other cities. China, which is already far ahead of Europe and the US in CBDCs, clearly does not want to lose this competitive edge and be ready to become the first…
Deutsche Bank predicts a violent recession in the US next year that will not be stopped even with an aggressive Fed policy. Recession in sight for the US, according to Deutsche Bank Deutsche Bank expects a severe recession to come for the United States According to the German investment bank Deutsche Bank, there will be a full-blown recession in the US next year. Inflation at 8.5%, extreme difficulty in finding some of the raw materials needed for the production of large companies and a global military escalation that shows no sign of stopping, will lead the US into an inevitable…
Over the last few days, the landscape of the NFT world has been ablaze with noteworthy events and news. Here are the news items that will be discussed in the article: OpenSea has set a new daily trading record VanEck announced the launch of its first NFT collection and Square Enix sells Tomb Raider and Three Studios to fund NFT based games OpenSea, new daily trading record thanks to Otherdeed NFT launch Koda, the rare NFT that can be found in one of the Otherdeed The launch of the Bored Ape Yacht Club metaverse has caused a stir in recent…
TON, the crypto that can be transferred via Telegram’s messaging app, is launching its NFTs on Disintar. The Open Network’s new ecosystem marketplace has surpassed $2 million in total sales volume in a single day. TON ecosystem: from Telegram to NFTs on Disintar # 822 from the NFT Ton Punk collection Not even a week has passed since the news that users of Telegram, the messaging app, can now send and receive the Toncoin (TON) crypto instantly and at zero transaction cost by activating the chat’s built-in wallet. And now the TON ecosystem has also launched a new service: the…
The Nemesis brings Italian Serie A football into the metaverse, streaming the first Milan-Fiorentina match, whose tickets are actually NFTs. The project was made possible thanks to the collaboration with ConsenSys, Lega Serie A and TIM. The Nemesis and the streaming of Serie A matches in the metaverse The lounge inside The Nemesis metaverse where you can watch the games The Nemesis welcomed a new and original event, unique in its kind. It is the first Serie A football match, Milan-Fiorentina, streamed in the metaverse. The project brought to the MENA region was made possible thanks to the collaboration of…
Today’s NFT News can’t fail to include the biggest Non-Fungible Token mint in history: the $320 million sale of Otherside (Otherdeed) virtual land by Yuga Labs. The consequence of this mania is that Etherscan crashed and Ethereum gas skyrocketed. Not only that, Minecraft developers launched a petition against in-game NFTs that got only 72 signatures in a week, while the Big3 basketball team, the Killer 3s, were sold to Degods DAO, built on Solana Blockchain. Biggest mint in history goes to Yuga Labs Otherdeed, one of the virtual lands of the Otherside metaverse On Saturday, the sale of the Otherside…
The two artists Hackatao, together with ARTE META of Seoul, present the first interactive work [SPIRIT FOREST] INCANTO at ARTE MUSEUM GANGNEUNG in Korea this Saturday 30 April. In May, [SPIRIT FOREST] INCANTO will also be launched as an NFT, tokenized and available for acquisition through a primary digital art platform marketplace. Hackatao and ARTE META present [SPIRIT FOREST] INCANTO [SPIRIT FOREST] INCANTO by Hackatao and ARTE META, will begin its tour at the new museum in South Korea’s capital city and then travel to other museum institutions around the world. A mystical deer, a chance encounter, an ancient forest…
Nike, in collaboration with RTFKT, has unveiled its first trainers for the metaverse: the Nike Cryptokicks. The NFTs are available on OpenSea and traded for over 2.9 ETH, the equivalent of €8,500. Nike and RTFKT launch new NFT trainers for the metaverse Nike and the newly acquired NFT company, RTFKT Studios, have developed the first NFTs of Nike Cryptokicks, the new trainers for the metaverse. Here is the video showing the different models. RTFKT, together with Nike CryptoKicks, introduce the future of Sneakers, powered by Skin Vial tech Welcome to 2052 : pic.twitter.com/7449L79Bf4 — RTFKT Studios (@RTFKTstudios) April 22, 2022…
Decentralized finance is bringing finance to the unbanked, as well as fairness and transparency to the financial industry. DeFi takes power from dangerous centralized entities, such as governments and international corporations, which take advantage of citizens and consumers alike, and gives that power to the individual. What adversities does decentralized finance solve? Thanks to decentralized finance, financial services become more transparent and accessible to all The once public servants turned authorities, as well as shareholders in the .01 percent and beyond, hoard assets and technology, instead of allowing those who need it to create wealth for their families, and the…
Peter Thiel’s Founders Fund and Pantera Capital have raised $20 million in Series A funding for Ondo Finance. 1/ @OndoFinance is the decentralized investment bank for web 3.0, providing the infrastructure for crypto's capital markets to thrive. We're proud to back @nathanlallman once again, along with our friends at @foundersfund, @coinbase, @wintermute_t, GoldenTree, and Tiger Global. pic.twitter.com/H9Eko6Ujre — Pantera Capital (@PanteraCapital) April 27, 2022 Coinbase is also among the backers of Ondo Finance Ondo Finance is a decentralized permissionless investment bank, and with the funding raised it will hire more staff to continue creating DeFi offerings for DAOs and retail…