Another Luxury Brand Joins Web3 With Ethereum Based NFTs
It will release 100 NFTs in conjunction with the Cassius Hirst Timecapsule clothing drop.
A Blockchain Ecosystem that is Good for the Environment Coming by Frodo Tech
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.
The Metaverse has the Potential to Create Millions of Jobs
We expect that Metaverse job opportunities outperform our expectations. Many people will continue to work the same job after moving to virtual space.
Web3 Nike Brand RTFKT Purchases DotSwoosh Domain ETH Domain For $35K
After the acquisition of dotswoosh.eth, RTFKT, Nike’s HTML3 arm, now has 10 Ethereum No Service domains (ENS). This is approximately $35,000. RTFKT can be pronounced as “artifact”.
Luxury Fashion Brand Balmain Looks to Create a NFT Backed Ecosystem
French luxury fashion house, Ultra-Luxury, is now creating Non-Fungible Thread. This ecosystem is NFT-backed.
Michael Burry Warns of a Recession and Companies Earnings Trouble
Michael Burry, a hedge fund manager, is known for his prediction of the 2008 financial crisis. He also warned about a consumer recession and increased earnings problems. He pointed out declining U.S. personal savings, record-setting revolving debt on credit cards and trillions of dollars in stimulus money.
CBDC Will be Rolled Out Using Graded Approach in India
Halfway through 2022 the RBI is at the proof-of-concept stage. This allows RBI to verify the feasibility and operation of launching a CBDC.
Terra’s New Blockchain Goes Live with LUNA Airdrops, LUNA Hits High of $24 As it Opens
Terra 2.0 launched today without an algorithmic stablecoin. New LUNA tokens were airdropped as part of Terra 2.0’s transition.
A Listing Standard Will be Imposed for For Korean Crypto Exchanges After Luna Meltdown
After the collapse of stablecoin terrausd and cryptocurrency terra (LUNA), the South Korean government may impose tougher regulations on cryptocurrency exchanges, including a unified list standard.
Figment and Chorus – Two Big Staking Firms Won’t Back Terra’s New Blockchain
Figment and Choir One will not be supporting Terra’s launch at this time. Both parties complained that the proposal to create a new chain was changed while it was being voted upon.
