Author: Donald Munn
PRESS RELEASE The explosion in digital assets, blockchain and cryptocurrency in the past three years has led to a thriving industry full of innovative, entrepreneurial projects and ideas. MEXC Global has led this growth, especially in terms of supporting new and visionary projects to make their first steps forward. MEXC Pioneer to support decentralized projects Since launch, MEXC Global has been contributing and supporting decentralized projects and ecosystems by providing financial and technical support, with the aim of reaching the shared goal of giving people the power to help determine and take control of their own financial futures. Now, with…
Senator Elizabeth Warren has once again attacked the world of cryptocurrencies, specifically DeFi. She did so during a hearing at the US Senate. Hostility towards cryptocurrencies It is well known that Democratic Senator Elizabeth Warren is one of the most critical American politicians towards the world of cryptocurrencies. For some time now, the senator has not missed an opportunity to recommend to all competent bodies the urgency of strictly regulating a market that would be without any rules and therefore potentially dangerous for investors. Last June, she made an impassioned plea to Treasury Secretary Janet Yellen to use her power…
Avalanche’s top developer Daniele Sestagalli has offered to restructure SushiSwap. My proposal to Restructure $SUSHI . https://t.co/dmqcIIOD4W Long Live Sushiswap. #OccupyDeFi — Daniele (, ) (@danielesesta) December 13, 2021 “Sesta” volunteers to work on Sushi He did so by publishing a long post on the Sushi forum in which he states that the time has come to give Sushi additional resources and autonomy at a time when it is in great need. The post states that Frog Nation has proposed to Daniele Sesta to join the Sushi project through a new service collective to help continue doing what Sushi has…
MetalSwap is a new project, launched in November this year, which aims to allow investors to swap commodities in a decentralized manner. What are centralized and decentralized swaps? Centralized swaps of commodities have existed since the 1970s, while centralized swaps in the DeFi world have so far only involved cryptocurrency tokens. Centralized swaps, however, have some limitations. First of all, it is necessary to go through an intermediary that must be trusted. This means that they are not trustless, with all that this implies. For example, there are very few intermediaries on the financial markets who allow such swaps, with…
In a very complex picture that sees the Fed planning gradual but decisive tightening of monetary policy with the yields of US two-year bonds at highs comes the data on GDP. Futures forecast a rising NASDAQ while the S&P 500 and especially the Dow Jones are down. -11.55% for Tesla (TSLA) shares Yesterday Tesla (TSLA) has recorded a -11,55% in closing, the stock is in loss of 23% since the beginning of the year and to this must be added the difficulty in the supply of raw materials. The “clinical” picture looks bad for Elon Musk’s company, yet the bullish…
Elon Musk offered $5,000 to a 19-year-old who tracks his private jet. The indiscretion came from Protocol only to be relayed by USA Today. $5,000 to not track Elon Musk’s jet According to reports, Elon Musk’s official Twitter account sent a private message to the @ElonJet Twitter account, managed by 19-year-old Jack Sweeney from Florida. @ElonJet publishes all the routes of Elon Musk’s Jet, using public data. The account operator is not actually spying on Elon Musk or publishing anything confidential. But the continuous tweets are not pleasing to the CEO of Tesla that would have contacted him privately to…
In a period of high volatility of the markets, it is necessary to take a look at the price of gold, the safe-haven asset par excellence. Gold is not correlated to the markets Gold stands idly by, and while waiting for the pronouncements of all the central banks in the leading markets of the planet regarding interest rates, it does its job very well, that of a safe haven asset as it is not correlated to the trend of the stock markets. In periods like these, many investors, large or small, in order to protect themselves from the loss of…
Meta, the new name of Facebook, which is increasingly oriented towards the development of the virtual reality of the metaverse, announced in recent days the upcoming creation of an Artificial Intelligence (AI) supercomputer deemed as the fastest in the world. The AI supercomputer of Meta Mark Zuckerberg wrote on Facebook: “Meta has developed what we believe is the world’s fastest AI supercomputer. We’re calling it RSC for AI Research SuperCluster”. Technical program manager Kevin Lee and software engineer Shubho Sengupta wrote on a company blog: “We hope RSC will help us build entirely new AI systems that can, for example,…
In view of the market trend, there are some stocks that are very interesting for risk-averse investors; among these, I have selected three in the financial and services sector and two in the automotive sector. Interesting stocks in the automotive sector Stellantis Among the stocks in the automotive equity sector, a special note should be made of Stellantis. The Italo-French-US giant in fact brings home a session with a decline to 16.602 with a -1.11%. The stock falls compared to the FTSE MIB index which is worse than the reference market; new bottom at 15.01. The giant that comes to…
The race for the Quirinal in Italy is not only a matter for Parliament but also for social networks. Social networks are going wild in these hectic days in which the leaders of Italian politics are engaged in negotiations to choose the next head of state. The race for the Quirinal, as seen from social networks To address the situation is Osservatorio Quirinale, a project by Blogmeter and Arcadia that is studying the social profiles of the 1,008 Italian voters called upon to choose the new Head of State these days. At the center of the conversations of parliamentarians and…