Month: April 2023

Royalty brings web3 to the content creator economy: NFT.NYC 2023 project spotlight

NFT.NYC, the internationally celebrated non-fungible token (NFT) conference, concluded on Friday, April 14, following three days of talks, presentations, and events led by some of the biggest names in the blockchain industry.  NFT.NYC conference NFT.NYC’s sponsors included the largest NFT marketplace, OpenSea; NFT gaming platforms, Immutable and Atomic Hub; and web2 giant, Amazon Web Services. The conference featured hundreds of speakers who covered a wide range of topics, including fine arts, gaming, entertainment, decentralized finance (DeFi), identity branding, and more. Immutable is a main partner of NFT.NYC Web3 gaming takes center stage  NFT.NYC partner, Immutable, is…

Billionaire Ray Dalio Warns US and China on Brink of War, Beyond Ability to Talk — US-China Trade Could Collapse – Economics Bitcoin News

Bridgewater Associates founder Ray Dalio has warned that the U.S. and China are “on the brink of war” and “are beyond the ability to talk.” The billionaire added that their relations “are getting so bad” that U.S.-China trade could collapse. He cautioned that the next 18 months “will be a very risky period.” U.S. and China on the Brink of War, Says Dalio Ray Dalio, the founder of the world’s largest asset manager, Bridgewater Associates, warned in a Linkedin post, published Wednesday, that the U.S. and China are on the…

Top Crypto Exchange Binance Rolls Out New Dogecoin (DOGE) Trading Pair As Leading Memecoin Tracks Sideways

boss

The world’s largest crypto exchange by volume has launched a new trading pair for Dogecoin (DOGE) as the top memecoin continues to consolidate. Binance customers can now swap DOGE with the stablecoin TrueUSD (TUSD). TUSD, which aims to maintain a 1:1 peg to the US dollar, is the fifth-largest stablecoin by market cap. Dogecoin is trading at $0.0806 at time of writing. The ninth-ranked crypto asset by market cap is up 0.25% in the past 24 hours, 2.7% in the past seven days, and more than 7% in the past…

Ukrainian children to benefit from crypto-powered aid initiatives

WhiteBIT and Whitepay became Ronald McDonald House Charities (RMHC) Ukraine partners, in an effort to help the war torn nation. This integration of these platforms will make it easier for donors to make contributions in 140 different cryptocurrencies from anywhere in the world on the donation page. By integrating crypto payments into charitable foundations, donors have an effective way to help those in need in the shortest possible time. Enabling cryptocurrency donations WhiteBIT, one of the largest cryptocurrency exchanges in Ukraine, has teamed up with Whitepay, a solution for accepting…

Economist Predicts Shift to Tripolar Reserve Currency World — Yuan, Euro to Disrupt US Dollar’s Dominance – Economics Bitcoin News

boss

Economist Stephen Jen, a former Morgan Stanley managing director, expects a shift “from a unipolar reserve currency world to a multipolar world,” with the Chinese yuan, the euro, and the U.S. dollar forming a “tripolar” reserve currency configuration. ‘A Multipolar World’ Economist Stephen Jen, the CEO of asset management firm Eurizon SLJ, expects multiple currencies will chip away at the U.S. dollar’s dominance. Jen was formerly a managing director at Morgan Stanley in London and a senior economist at the International Monetary Fund (IMF). After stating that the U.S. dollar…

Cardano reveals development update ahead of Voltaire age

In preparation for the arrival of the Voltaire age, the blockchain known as Cardano (ADA) has announced some recent ecosystem improvements. Notable among the company’s accomplishments is the progress it has made in the age of the Conway ledger and the creation of CIP-1694. The last stage of cardano’s evolution is called the Voltaire period, and its primary objective is to create an entirely decentralized decision-making system. CIP-1694 is the first iteration of cardano’s on-chain governance, and the success of this initiative will primarily be determined by the degree to…

Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm – Economics Bitcoin News

boss

This week, the Statistics Bureau of Japan unveiled the latest core consumer price index (CPI) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the end of the quarter. It’s worth noting that Japan’s inflation has been steadily rising since June 2021. The timing of this uptick is also notable, as Kazuo Ueda has recently assumed the role of the 32nd governor of the Bank of Japan. New BOJ Governor Faces Rising Inflation, Central…

Coinbase launches NFT campaign, seeks implementation of pro-crypto policies

Coinbase, a San Francisco-based cryptocurrency exchange, has launched a non-fungible token (NFT) campaign dubbed “Stand With Crypto” to empower the community and promote implementation of favorable policies. The launch comes after Coinbase sued the United States Securities and Exchange Commission (SEC) earlier this week requesting clarity about the agency’s position on crypto legislation. Coinbase blue shield NFT The campaign, launched on April 25, features a blue shield on Coinbase’s commemorative NFT. It represents the group’s effort to safeguard and advance the potential of cryptocurrency.  Coinbase urged campaign participants to add…

William Shatner unveils NFT collection, says crypto to explode

During Consensus 2023, held on April 27, the famed actor William Shatner, known as Captain Kirk in the Star Trek franchise, unveiled an NFT line, which would follow his popular collection from three years earlier as he gave his prediction on crypto. The 92-year-old actor discussed the reasons for his enthusiasm for web3 in the entertainment industry and his thoughts on the state of cryptography when humankind reaches the Star Trek period.  Shatner’s blockchain journey According to Shatner, his first time working with NFTs occurred in 2020, when 125,000 William…

Reports by Fed and FDIC Reveal Vulnerabilities Behind 2 Major US Bank Failures – Bitcoin News

boss

On Friday, Michael Barr, the vice chair for supervision at the U.S. Federal Reserve, published a report on the vulnerabilities that led to the ultimate failure of Silicon Valley Bank (SVB). In addition, Marshall Gentry, the chief risk officer of the Federal Deposit Insurance Corporation (FDIC), released a similar report on Signature Bank’s collapse and its overreliance on uninsured deposits. Fed Is Confident Supervisory Recommendations ‘Will Lead to a Stronger and More Resilient Banking System’ The Federal Reserve and the FDIC published reports on Friday concerning the fall of the…