KEY POINTS Defense spending is set to rise by 7.1% to 1.45 trillion yuan ($230.16 billion) this year, China’s Ministry of Finance said in a plan released Saturday. That’s the fastest pace since 2019, when defense spending grew by 7.5%. Total central government expenditures for the general public budget are expected to rise by 14.3% […]
China will raise defense spending by 7.1% in 2022, faster than last year Read More »
The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in NFT sales volume, NFT sales stemming from the Arbitrum network spiked by 97.53% this week. NFT Interest and
NFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge Read More »
The payment processors cited Russia’s invasion of Ukraine in announcing the move on Saturday. Visa, Mastercard and PayPal are all suspending operations in Russia, the companies announced Saturday, citing the country’s ongoing invasion of Ukraine. Visa will begin working to discontinue transactions in Russia, but it will take a few days, according to a press statement. Mastercard
Visa, Mastercard Join PayPal in Suspending Russian Operations Read More »
Bitcoin’s finite supply poses challenges to big banks’ traditional tactics of price manipulation. PART ONE: BUT THIS IS HOW WE’VE ALWAYS DONE THINGS … There is a great story floating around the web about a married couple and a ham (full story). In brief, the wife is preparing a ham for dinner and in doing
BIG BANK MUSICAL CHAIRS: EXAMINING BITCOIN THROUGH A LENS OF PRICE MANIPULATION Read More »
All the major highlights from Warren Buffett’s annual letter. Warren Buffett released his 2020 Letter to Shareholders of Berkshire Hathaway this morning. The 10 highlights are: (1) Main takeaway of Warren Buffett’s Letter to Shareholders: Buy and hold U.S. stocks and do not buy bonds at current historically low interest rates. (2) “Berkshire’s 4 most valuable
All the major highlights from Warren Buffett’s annual letter. Read More »
KEY POINTS Samsung Electronics shipments to Russia have been suspended “due to current geopolitical developments.” Samsung Electronics is No. 1 in handsets in Russia with 30% market share as of the fourth quarter of 2021. Samsung Electronics said on Saturday shipments to Russia have been suspended “due to current geopolitical developments.” “We continue to actively monitor
Samsung Electronics suspends shipments to Russia, will donate $6 million in aid Read More »
Shake Shack is introducing a limited-time trial of 15% bitcoin cashback rewards for customers using Cash App’s Cash Card. Cash Card users can get 15% cashback in bitcoin rewards for purchases through mid-March at Shake Shack. The trial is meant to test Shake Shack’s capacity to appeal to a younger audience interested in bitcoin and
SHAKE SHACK IS TESTING BITCOIN REWARDS WITH CASH APP Read More »
NFT artist Olive Allen said by publicly burning her Russian passport, she was effectively making it dangerous to repatriate by protesting the current government. Olive Allen, a Russian national and artist who has lived in the United States for more than 11 years, has burned her mother country’s passport in the hopes of raising awareness
Russian national will use sales of her burning passport NFT to support Ukraine Read More »
It is 7.27am in Ukraine as Russia’s war on its neighbour enters its ninth day. Here is where the crisis stands: A fire broke out in a training building outside a nuclear power plant in Zaporizhzhia in the early hours of Friday, after being shelled by Russian forces, Ukrainian authorities said. An employee at the plant said Russian forces had fired on the
More than 500 international students trapped in Ukrainian town – as it happened Read More »
The partnership gives OKX a presence at the English Premier League champion’s Etihad Stadium. Cryptocurrency exchange OKX, formerly OKEx, has secured a multiyear partnership with English Premier League champion Manchester City. The deal is OKX’s first foray into soccer sponsorship and will see the exchange’s branding featured at the Etihad Stadium, Man City’s home. The
Manchester City Soccer Club Signs Deal With Crypto Exchange OKX Read More »
