Technology

‘Big Short’ Investor Michael Burry Warns of Looming Consumer Recession, More Earnings Trouble

May 30, 2022 0

Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more earnings trouble. He cited falling U.S. personal savings and record-setting revolving credit card debt despite trillions of dollars in stimulus money. Michael

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PlanetQuest and Immutable X Launch Community Friendly NFT Planet Sale

May 30, 2022 0

PRESS RELEASE. In a radically different approach to handling an NFT sale, PlanetQuest, has just launched its community friendly Planet Sale at planetquest.io. The Cinematic Multiverse and Blockchain Game, backed by Hollywood and Gaming talent, top tier investors and a community of over 215.000 Explorers, is pioneering a whole new sales approach that promises to […]

Technology

Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3

May 30, 2022 0

The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last year on July 11, 2021. Moreover, median fees are even cheaper, as the […]

Technology

Binance Obtains Regulatory Approval to Offer Crypto Products in Italy

May 30, 2022 0

Crypto exchange Binance has received regulatory approval from Italy’s financial regulator to operate as a cryptocurrency service provider in the country. “Clear and effective regulation is essential for mainstream adoption of cryptocurrencies,” said Binance CEO Changpeng Zhao. Binance Now Licensed in Italy Binance announced Friday that Binance Italy “has received

Technology

Nigerian Presidential Hopeful Says He Supports Digital Currencies but Wants the Industry Regulated

May 30, 2022 0

Nigerian presidential hopeful, Bukola Saraki, recently said he supports the digital currency industry which he claimed has created opportunities for the country’s youth. However, he insisted that there is a need for the enactment of laws that guide players in this space. Digital Currencies Create Opportunities for the Youth One of Nigeria’s presidential aspirants, Bukola

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Report: 42.9% of Turks View Gold as Best Form of Investment, Only 1.9% Would Invest in Crypto

May 30, 2022 0

A new study has found that nearly 43% of Turkish individuals surveyed consider gold to be the best form of investment, while just 1.9% said they would invest in cryptocurrencies. Real estate is the next most-preferred after gold, with 27.4% of the respondents saying they would invest. Fewer Turks Now View Gold as Best Investment […]

Technology

Former Nintendo President States Gaming Companies Are Marching to the Metaverse

May 30, 2022 0

Former Nintendo of America President, Reggie Fils-Aimé, believes that the gaming industry is steadily going to integrate metaverse elements into its games. Fils-Aimé thinks that established gaming companies, like Nintendo, are better suited to be leading the race for the metaverse than other companies due to their experience in building interactive and persistent worlds.

Technology

Report: Latam Countries Are Among the Most Enthusiastic About the Metaverse

May 30, 2022 0

A new survey has found people’s opinion of the metaverse in emerging countries is significantly more positive than in their developed counterparts. The study, carried out by Ipsos for the World Economic Forum (WEF), also shows that Latam countries are among the most enthusiastic about the future of the metaverse and its applications for different […]

Technology

Frodo Tech Aims to Create Environmentally-Friendly Blockchain Ecosystem That Is Open to Everyone

May 30, 2022 0

Frodo Tech aims to create an environmentally-friendly blockchain ecosystem based on a unique cryptocurrency service that all the people in the world can access, without any limitations based on race, region or country. Frodo Will Have No Limitations and No Mining Frodo Tech is an IT and Financial blockchain services company based in Auckland, New […]

Technology

How StableFunds Has Made It Extremely Easy to Trade Altcoins

May 27, 2022 0

UK-based StableOne’s newest venture, an app called StableFund, is spearheading a new outlook on crypto. This innovative app is all set to make the lives of crypto investors a lot better. Built on the Polygon chain and powered by sophisticated technology, this state-of-the-art AI trading bot is full of promise. StableFund gives users a platform […]