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Nigerian Central Bank Slashes CBDC Transaction Fees by 50%
The Central Bank of Nigeria has said it is slashing transaction fees for the e-naira platform by 50% — a move which the bank claims will increase the volume of transactions on the central bank digital currency (CBDC) platform. The…
Xbox Boss Phil Spencer Skeptical About Metaverse, Criticizes Play-to-Earn Models
Phil Spencer, head of the Xbox brand, believes that the metaverse has been with us since 30 years ago, when digital gaming was largely introduced. However, Spencer criticized play-to-earn (P2E) models, stating that they create a workforce…
Amid Colorado’s Gas Flare Ban, Report Shows Half Dozen Gas and Oil Firms Are Raking in a Lot of…
In November 2020, Colorado banned gas flaring, venting, and the release of raw gas into the atmosphere. While the centennial state has a large number of well sites, a recent report shows that roughly a half dozen Colorado oil and gas…
IMF Expects US Economy to Experience High Inflation for at Least Another Year or Two
The International Monetary Fund (IMF) expects the U.S. economy to experience high inflation for at least another year or two. “I would be careful about looking at one data point for the U.S.,” IMF First Deputy Managing…
Senator Warren ‘Very Worried’ About Federal Reserve Raising Interest Rates, Tipping US Economy Into…
U.S. Senator Elizabeth Warren says she is “very worried” that the Federal Reserve will tip the economy into recession. “There is nothing in raising the interest rates, nothing in Jerome Powell’s tool bag that…
CME Group’s Bitcoin Euro and Ether Euro futures are now live
CME says there’s growing demand for non-USD denominated crypto derivatives products.
The company also plans to launch options on Ethereum futures on 12 September.
Derivatives marketplace CME Group has announced its Euro-denominated…
Goldman Sachs Urges Investors to Buy Commodities Now — Expects Equities to Suffer as Inflation Stays…
Global investment bank Goldman Sachs has urged investors to buy commodities now and worry about a recession later. The firm’s analysts see commodities as “the best asset class to own during a late-cycle phase where demand…
Gala Games Announces Launch Date for Spider Tanks
PRESS RELEASE. Jackson, Wyoming (August 29, 2022) – Gala Games, the leading pioneer in web3 entertainment and blockchain gaming, today announced that Spider Tanks, the first Web3 PvP esports brawler, will launch on October 31, 2022…
UN Human Rights Chief Voices Concern Over Assange Extradition Case, Wikileaks Continues to Raise…
On Saturday, the human rights chief at the United Nations (UN), Michelle Bachelet, said that the potential extradition of whistleblower Julian Assange raises concerns for the rights of future whistleblowers and investigative journalists.…
Argentinian Province Mendoza Starts Accepting Tax Payments in Crypto
Mendoza, an Argentinian province, has implemented a system that allows taxpayers to pay their taxes fully with cryptocurrencies. The system, which was launched this week, is part of a strategic push for the modernization and digitalization…