🇦🇪 Dubai telecoms operator du and Emirates Integrated Tele Communications Company (EITC) have announced they will be heading into the metaverse to expand their networking capabilities.
👀 AlterVerse receives funding from Binance Labs, Polygon Ventures and Ankr to launch a new virtual world "Sky City". blockchainreporter.net
🇬🇧👀 Nvidia, the world's largest manufacturer of video cards, plans to close its office in Russia by the end of October, Forbes reports, citing an Nvidia representative and a source close to the company.
👀 Binance completed the first $1.86 million LUNC transaction fee burn. twitter.com
The UN says the Fed and other central banks risk pushing the global economy into recession if they keep raising interest rates.
👀 Tesla shares fell more than 8.5% at the open as third-quarter deliveries and new robots fell short of expectations. By July, Tesla had sold 75% of its bitcoin holdings. Tesla's share price has fallen 31% this year, lower than Coinbase (-74%), Microstrategy (-59%) and Bitcoin (-59%).
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The UN says the Fed and other central banks risk pushing the global economy into recession if they keep raising interest rates.
The UN has calculated that a percentage point increase in the Fed's key interest rate will reduce output in other rich countries by 0.5%, and output in poor countries by 0.8% over the next three years.
🇧🇷 Binance opens two offices in the Brazilian cities of Sao Paulo and Rio de Janeiro.
👀 The chief executive of Circle, the USDC issuer, says the company is committed to being regulated like a bank.
Jeremy Aller revealed that Circle intends to become a crypto bank that will keep the entire amount of each customer's deposit ready for withdrawal.
Jeremy Aller revealed that Circle intends to become a crypto bank that will keep the entire amount of each customer's deposit ready for withdrawal.
🇯🇵🥳 The Prime Minister of Japan said that government investment in digital transformation will include Metaverse and NFT, the government will make efforts to promote Web3 services
👀 Citigroup Cuts Year-End S&P 500 Target to 4,000, Predicts Decline in 2023
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🏦 BofA: global central banks have tightened financial conditions to such an extent that it could be even worse for the markets in the future.
🇬🇭 Paxful CEO Ray Youssef said that Ghana is showing a huge increase in the adoption of the digital sector.
Ray Youssef said that Ghana's growth rate, given the needs of its people, indicates that it can become a leader in the adoption of cryptocurrencies in Africa. He also stated that Ghana Increases Paxful Trading Volume by 400% in 2021 compared to 2020. He also believes that Nigerian tourists in Ghana are helping to raise awareness of digital assets in the country.
Ray Youssef said that Ghana's growth rate, given the needs of its people, indicates that it can become a leader in the adoption of cryptocurrencies in Africa. He also stated that Ghana Increases Paxful Trading Volume by 400% in 2021 compared to 2020. He also believes that Nigerian tourists in Ghana are helping to raise awareness of digital assets in the country.
💰 Stems decentralized music platform raises $4M pre-seed round
theblock.com
theblock.com
💰 a16z leads the way in raising $40 million for the Golden crypto protocol
theblock.com
theblock.com