Financial News

With NBA Top Shot a success, the NBA has looked to build fan engagement with the NBAxNFT Discord that allows the community to engage in Web3 chatter.

With Emirates announcing a $10m investment plan for NFTs and the Metaverse, more airlines will likely follow as Metaverse activity heats up.

After a choppy week for the majors, the focus shifts to economic data from China and central bank chatter in the week ahead.

Market bets on a more aggressive FED rate path to curb inflation took the Dollar Spot Index through to 100.5 following a further rise in consumer prices.

Amongst the many cautions stated by Arthur Cheong, one of them was focused on companies detecting Lazarus members who are applying as software developers.

As per the new regulations, mining taxes will be established separately, and data centers for mining can only be provided if their owner is a legal entity.

The CEO also stated that one of Dogecoin’s biggest criticism is targetted at its supply, which despite being infinite, still has lesser inflation than USD.

Germany’s growth prospects are looking increasingly vulnerable to higher-than-expected inflation, which is undercutting household incomes and disrupting supply chains, and the impact of tougher sanctions on Russia.

NFT collector Punk6529 interlinks art and NFTs with a new OM project launch in the metaverse that could shake the foundations of the traditional art scene.

The messaging app LINE next plans to launch a global NFT marketplace in the summer. Increased activity may draw greater regulator scrutiny, however.

Getting embroiled in a long, drawn-out battle with the U.S. Securities and Exchange Commission shouldn’t really be described as positive or “exceedingly well”, but those were the words used by the Ripple boss.

North Korea’s state run Lazarus Group and other cybercriminal syndicates will put more pressure on governments to increase the scrutiny of crypto exchanges.

Virtual casino Sand Vegas Casino is ordered to shutter its virtual doors for the illegal sale of NFTs. The latest order is unlikely to hinder virtual casino growth.

The US Federal Reserve is exploring the “potential benefits and risks of CBDCs,” through experimentation and technological research.

High energy prices triggered by the Russia-Ukraine war will push up the cost of electricity in Africa, where countries typically derive about 80% of electrical power from fossil fuels, increasing risks for growth and public finances.

In its ongoing strive for greater profits, Meta is planning to take a massive cut from content creators who sell their digital assets in its Metaverse.

MoonPay draws VIP investments as interest in Web3 accelerates. Other platforms including Uniswap Labs, FTX, and PancakeSwap are also taking aim at Web3.

As the Japanese Central Bank Digital Currency’s second phase of experiments begins this month, it continues to receive pushback in different ways.

A judge ruling in the Ripple vs SEC lawsuit could reveal improper conduct by SEC officials, who may now settle.

The collaboration will enable Anchor and Acala to provide higher liquidity for TerraUSD (UST) and Acala’s stablecoin aUSD.