Technology Financial News
14.07 / 18:43
Blockchain
Technology
Ethereum
defi
What is a crypto airdrop and how does it work?
For most crypto investors, there is nothing more important than making a return on their investment. Thanks to the volatility, this can be done quickly or it can be a hugely difficult task. That's why crypto airdrops are an inexpensive way to make additional returns on your portfolio. After all, airdrop tokens are free and never hurt, right?
14.07 / 12:55
business
Technology
'Wake-up call': EU Ombudsman finds Commission guilty of maladministration over Pfizer texts
The EU's watchdog on Thursday criticised the Commission's handling of a request for the texts exchanged between President Ursula von der Leyen and the CEO of Pfizer as a "wake-up call" for EU accountability and upheld her finding of maladministration over the matter.
14.07 / 10:49
business
Technology
Estonian PM resigns to form new government
Estonian Prime Minister Kaja Kallas resigned on Thursday in order to form a new government coalition in the Baltic country.
14.07 / 09:25
business
Technology
Hungarians protest for second day against tax overhaul
Protesters in Hungary's capital blocked main traffic arteries for the second day in a row Wednesday in opposition to a tax overhaul pushed through this week by the country's right-wing governing party.
14.07 / 02:11
Blockchain
Technology
Adoption
e-CNY
China's central bank to expand deployment of e-CNY
According to China's state institution Xinhua News Agency, Lan Zou, head of monetary policy at the People's Bank of China (PBoC), announced that the country would be expanding the number of digital yuan (e-CNY) test sites in the country from 11 to 23. They are spread out across 15 out of 31 of China's provinces and autonomous regions. The PBoC is China's central bank and is responsible for the development of the e-CNY central bank digital currency, or CBDC. During Wednesday's press conference, Zou praised the success of the recent e-CNY rollout, stating:
14.07 / 00:07
business
Technology
Ukraine war: Ten latest developments to know about in the conflict
Russian missile strikes in Ukraine's southern city of Mykolaiv killed at least five people, Ukrainian authorities said on Wednesday.
13.07 / 16:11
Technology
Women
Time
committee
Pope Francis names women to bishops advisory committee for the first time
Pope Francis has for the first time named three women to serve as members of the Vatican committee that vets bishop nominations.
13.07 / 15:39
Technology
Refugees
Two-thirds of Ukraine refugees plan to stay put for now, according to UNHCR
Around two-thirds of refugees from Ukraine expect to stay in their host countries until hostilities subside and the security situation improves after Russia's invasion, a survey by the United Nations refugee agency UNHCR has found. The survey was conducted between mid-May and mid-June.
12.07 / 19:41
Blockchain
Technology
Ethereum
defi
How to build a passive income stream from cloud mining?
Cloud mining is the process of mining cryptocurrency without the direct use of mining equipment or hardware. The process allows users to mine Bitcoin or altcoins without having to manage their own resources.
12.07 / 09:51
Technology
Japan mourns as its longest-serving PM Shinzo Abe is laid to rest
With prayers, flowers and flags draped in black ribbons, Japan on Tuesday said farewell to Shinzo Abe, a polarising figure who dominated politics as the country's longest-serving premier, before being gunned down at a campaign rally last week.
12.07 / 01:03
Technology
Ukraine war: Five latest developments you need to know
1. Ukraine denounces 'absolute terrorism' of Russian strikes on civilian targets
11.07 / 17:31
Technology
European Union
Electricity supplies to some French companies could be cut due to energy disruption, minister says
The French government is working on "load-shedding plans" that could see electricity and gas supplies reduced for some companies over the winter, Economy Minister Bruno le Maire confirmed on Sunday, warning that Russia is highly likely to turn off the tap.
11.07 / 17:31
Technology
European Union
COVID-19: European health agencies recommend 2nd booster for vulnerable people and those over 60
Vulnerable people and those over the age of 60 should get a second booster dose of the vaccine against COVID-19, European health agencies advised on Monday, warning that a new wave is "ramping up."
11.07 / 10:47
business
Technology
Uber
Leak
Grab
Uber Files: Leak reveals how Uber 'lobbied leaders and duped police' to grab new markets
As Uber aggressively pushed into markets around the world, the ride-hailing service lobbied top political leaders including France's Emmanuel Macron to relax labour and taxi laws, according to a global media investigation into thousands of leaked files.
10.07 / 17:31
business
Blockchain
Technology
Adoption
AI will help realize the true vision the Metaverse hopes to achieve
The metaverse space is moving rapidly in terms of hype and the volume of new projects being launched — so much so that the industry market size is projected to grow from $100.27 billion in 2022 to $1,527.55 billion by 2029. But how many of these new projects are even remotely capable of realizing the actual vision set out?
10.07 / 14:55
Technology
Ethereum
Adoption
identity
Your crypto wallet is the key to your Web3 identity
Digital identity has been a fraught subject since the earliest days of the internet. Web2 bridged the gap between people’s offline lives, online identities, and creative and consumer habits, which has given way to a thoroughly integrated internet experience designed to be as personalized and targeted as possible. As a new phase of virtual interaction and digital identity appears on the horizon — one even more interconnected than Web2 — we need to rethink personalization and ownership with an eye to what did and didn’t work in the world of Web2.
10.07 / 12:01
Blockchain
Technology
Adoption
Investments
NOT
Believe it or not, metaverse land can be scarce after all
Just recently, Yuga Labs, the team behind the world-famous bored nonfungible token (NFT) primates, nabbed some $300 million with its sale of Otherdeed NFTs, a collection of land plots in a soon-to-be metaverse. Indeed, NFTs, the blockchain industry’s primary method of creating digital asset scarcity, have emerged as the preferred way to handle virtual land ownership for most metaverse projects, including Decentraland and The Sandbox. All of this has prompted an interesting question in the community: In the metaverse, a vast, near-endless digital space, how can digital land ever be scarce? Well, let’s dig in.
10.07 / 08:21
Blockchain
Technology
Adoption
Bitcoin
Crypto, like railways, Part 2: Blockchain as the new internet planner
In my latest article “Crypto, like railways, is among the world’s top innovations of the millennium,” I compare the blockchain revolution to the railway boom. If we apply this analogy further, what’s going to happen next?
09.07 / 17:19
Technology
Ethereum
Investments
Bitcoin
recovery
NOT
Not all investments lose value equally: A recovery period for digital assets
When investing in financial markets, people often underestimate the possibility that, over a period of time, the investment may lose its value, and it will take time to recover temporary losses. The deeper the loss becomes, the more energy required to recover the losses increases out of proportion. If I invest $100 and lose 10%, I end up with $90 (whether I keep the investment or liquidate it). So, to get back to $100, which returns do I have to make? I have to make 11% because, with a base of $90, if I make 10%, I end up with $99. This effect is amplified if I lose 20% — to get back from $80 to $100, I will have to make 25%.
09.07 / 14:21
Blockchain
Technology
Adoption
defi
Warner Bros
Build business: An outlook on the Web3 industry during the downtrend
By the end of May, Bitcoin’s (BTC) price had dropped 40%, Ether (ETH) had lost 50% of its value, and the entire crypto market dipped below its $1-trillion capitalization for the first time since January 2021. As we enter a clear bear market trend, it’s essential to focus on what the blockchain industry has always suggested: build.
09.07 / 08:25
Government
Blockchain
Technology
Adoption
businesses
A mandate for blockchain businesses is to rebuild global trust
Trust is the cornerstone of socioeconomic success and geopolitical balance. Our current world is exhibiting a massive trust deficit. Distrust is resulting in socioeconomic failures and geopolitical angst. Blockchain’s superpower is trust. It is time to mandate blockchain businesses to rebuild trust, success and balance across global systems.
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