On Feb. 17, 2023, Tokyo-based Sony Network Communications announced that it is co-hosting a Web3 incubation program with the multichain smart contract platform Astar Network. The program has started accepting applications, and Sony and Astar will jointly mentor Web3 projects “focused on the utility” of non-fungible tokens (NFTs) and decentralized autonomous organizations (DAOs). Sony and Astar to Co-Host Web3 Incubation Program Sony Network Communications, a subsidiary of Japanese technology giant Sony Group, announced Friday that the company is exploring ways to address industry issues using blockchain and Web3 technology. A…
Day: February 19, 2023
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Bank of Japan Plans to Launch CBDC Pilot Program in April
The bank plans to invite private companies to participate in a CBDC Forum, which it will set up. As the CBDC effort intensifies across many countries, the Bank of Japan has launched a pilot program for its CBDC. The executive director for the central bank, Uchida Shinichi, talked about the development on the 17th of February. In an opening speech at the CBDC committee meeting, he explained the progressive processes concerning the matter. The pilot program in Japan for “digital yen” will begin after the completion of the Proof of…
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Economist Warns the Fed Can’t Reach Inflation Target Without ‘Crushing’ US Economy – Economics Bitcoin News
Economist Mohamed El-Erian, Allianz’s chief economic advisor and chair of Gramercy Funds Management, has warned that the Federal Reserve cannot achieve its 2% inflation target without crushing the U.S. economy. “You need a higher stable inflation rate. Call it 3% to 4%,” the economist suggested. The Fed Could Crush US Economy, Economist Warns Economist Mohamed El-Erian warned on Friday that the Federal Reserve cannot achieve its inflation target of 2% without “crushing the economy.” El-Erian is president of Queens’ College, Cambridge University, and chair of Gramercy Funds Management. He is…
ShapeShift responds to Sen. Warren’s comments to ‘set the record straight’
Non-custodial crypto platform ShapeShift refuted United States Senator Elizabeth Warren’s claims of “illicit financing,” suggesting that she used the platform as a scapegoat to “push” her latest crypto bill, according to a recent statement. ShapeShift stated in a tweet on Feb. 19 that Warren made “mistakes” in her “analysis” of the platform, at a recent senate banking committee hearing entitled “Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets,” on Feb. 14. On Valentine’s Day, @SenWarren attempted to use ShapeShift as an example to push her latest crypto…
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WILL ETH GO UP FROM HERE? | ETHEREUM (ETH) PRICE PREDICTION & NEWS 2022!
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Robert Kiyosaki Warns About Stocks, Bonds, Mutual Funds — Says Bitcoin Best for ‘Unstable Times’ – Markets and Prices Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that investing in a well-diversified portfolio of stocks, bonds, mutual funds, and exchange-traded funds (ETFs) is “very risky” advice. Kiyosaki stressed that gold, silver, and bitcoin are the best investments for “unstable times.” Robert Kiyosaki’s Investment Advice The author of Rich Dad Poor Dad, Robert Kiyosaki, gave some more investment advice this week. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times…
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