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August 2022

China’s export growth gains steam despite weakening global demand

China’s export growth gains steam despite weakening global demand

Leave a Comment / Global Financial News /

KEY POINTS China’s export growth unexpectedly picked up speed in July, offering an encouraging boost to the economy as its struggles to recover from a sharp, Covid-induced slump, though imports remained sluggish. A global factory survey released last week showed demand weakened in July, with orders and output indexes falling to their weakest levels since […]

China’s export growth gains steam despite weakening global demand Read More »

A DAO That Literally Wants to Party on The Moon Just Sent a Viral YouTuber to Space

A DAO That Literally Wants to Party on The Moon Just Sent a Viral YouTuber to Space

Leave a Comment / Business /

MoonDAO purchased two Blue Origin tickets as part of its larger mission “to explore the cosmos” after raising $8 million. A decentralized autonomous organization (DAO) called MoonDAO sent someone to space on Thursday, one of the biggest successes yet for such a crypto-crowdfunded project. The DAO didn’t send just anyone up – Coby Cotton, a member of

A DAO That Literally Wants to Party on The Moon Just Sent a Viral YouTuber to Space Read More »

The Bank of Thailand to pilot Retail CBDC by the end of 2022

The Bank of Thailand to pilot Retail CBDC by the end of 2022

Leave a Comment / Cryptocurrency, Regulation /

The Retail CBDC will be tested in a limited retail environment with 10,000 participants and three major banks. On top of its wholesale central bank digital currency (CBDC) projects and proof-of-concept Retail CBDC testing with corporates, the Bank of Thailand (BOT) will extend the scope of CBDC development aimed at retail to a pilot phase. A possible

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BLACKROCK TO OFFER BITCOIN TRADING, CUSTODY IN COINBASE PARTNERSHIP

BLACKROCK TO OFFER BITCOIN TRADING, CUSTODY IN COINBASE PARTNERSHIP

Leave a Comment / Bitcoin News /

The $10 trillion asset manager will leverage Coinbase Prime to offer bitcoin trading and custody services to institutional investors. BlackRock will begin offering bitcoin trading and custody services. The asset manager is partnering with Coinbase to facilitate trading desk and custodial operations for its institutional clients. Coinbase Prime will act as the custodian and it

BLACKROCK TO OFFER BITCOIN TRADING, CUSTODY IN COINBASE PARTNERSHIP Read More »

Netflix is expanding its push into video games, but few subscribers are playing along

Netflix is expanding its push into video games, but few subscribers are playing along

Leave a Comment / Business /

KEY POINTS Netflix plans to expand its video game catalog from 24 to 50 by year-end, marking a significant investment. Netflix’s mobile games have been downloaded 23.3 million globally, according to Apptopia. The app tracker estimates an average of 1.7 million people are engaging with the games daily, less than 1% of Netflix’s 221 million

Netflix is expanding its push into video games, but few subscribers are playing along Read More »

Leading Sneaker MarketPlace Sets Foot in the Metaverse to Spur Innovations

Leading Sneaker MarketPlace Sets Foot in the Metaverse to Spur Innovations

Leave a Comment / Business, Metaverse /

The Edit LDN, a global sneaker marketplace based in London, has entered the metaverse by developing a premium store to drive innovation a notch higher. Moses Rashid, the founder of The Edit LDN, pointed out: “Our partnership with Bloktopia is our first big step to executing our vision of being the most innovative player in

Leading Sneaker MarketPlace Sets Foot in the Metaverse to Spur Innovations Read More »

Elon Musk Accuses Twitter of Fraud in Countersuit Over B Deal — Twitter Subpoenas Binance and Other Firms

Elon Musk Accuses Twitter of Fraud in Countersuit Over $44B Deal — Twitter Subpoenas Binance and Other Firms

Leave a Comment / Business, Known Crypto Billionaires /

Tesla CEO Elon Musk has accused Twitter of fraud in his countersuit against the social media company. Twitter filed a lawsuit against the billionaire to force him to go through with the $44 billion deal to buy the platform. “The Musk parties bring their counterclaims for breach of contract and rescission on the basis of

Elon Musk Accuses Twitter of Fraud in Countersuit Over $44B Deal — Twitter Subpoenas Binance and Other Firms Read More »

Binance Launches Crypto Prepaid Card in Argentina through Partnership with Mastercard

Binance Launches Crypto Prepaid Card in Argentina through Partnership with Mastercard

Leave a Comment / Business, CeFi News /

Binance, a major global cryptocurrency exchange, announced on Thursday the launch of a crypto prepaid card in Argentina through a partnership with Mastercard to bridge the gap between cryptocurrencies and daily purchases. Argentina is the first country in Latin America to experience the use of this product. The launch of the Binance Card is part of

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Central Bank of Brazil Director Praises Bitcoin as a Financial Innovation, Talks Programmable Digital Real

Central Bank of Brazil Director Praises Bitcoin as a Financial Innovation, Talks Programmable Digital Real

Leave a Comment / Bitcoin News /

Fabio Araujo, Director of the Central Bank of Brazil, has praised the properties of Bitcoin, saying it is a financial innovation using new technologies. To Araujo, Bitcoin was the catalyst for what is today known as Web3. At an event, Araujo also commented about the status of the development of the digital real, stating that

Central Bank of Brazil Director Praises Bitcoin as a Financial Innovation, Talks Programmable Digital Real Read More »

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