Former first lady Melania Trump launched her own NFT platform and dropped her first digital collectible titled “Melania’s Vision,” which will be on sale through the rest of the month. Continue Reading on Coin Telegraph More
This phenomenon was witnessed among the majority of the cryptocurrency tokens as the market was gradually painted in red. Ethereum and Ether (ETH) came to be the network and token of choice for a majority of decentralized finance (DeFi) protocols as Ether witnessed a 19% price drop.Continue Reading on Coin Telegraph More
RIO DE JANEIRO (Reuters) – A summit of the South American trade bloc Mercosur ended on Friday without a final presidential statement, as member nations failed to reach an agreement to reduce import tariffs amid a sharp rise in inflation.Members of Mercosur, a common market formed by Argentina, Brazil, Paraguay and Uruguay, have for years discussed a reduction of the so-called common external tariff to help increase trade between them and the rest of the world. Calls for a reduction have grown in recent months as inflation has risen.In November, Brazil’s government announced a 10% reduction in import tariffs on 87% of goods and services, in a move that was expected to add pressure on other Mercosur members to follow suit and presage an agreement on the common external tariff. But on Friday, the member states were unable to hash out an agreement after Uruguay declined to sign on unless other countries agreed to let it negotiate its own unilateral free trade deals without the blessing of Mercosur nations. Mercosur’s rules veto this type of negotiation, and Argentina and Paraguay are against it. Brazil is less averse, according to Pedro Miguel da Costa e Silva, Brazil’s lead Mercosur negotiator. More
Regarding stablecoins, the FSOC said consumer confidence could be undermined by factors such as illiquidity, lack of appropriate safeguards, opacity regarding redemption rights, and cyber attacks. “A run on stablecoins during strained market conditions may have the potential to amplify a shock to the economy and the financial system,” the report said.Continue Reading on Coin Telegraph More
Read Also: Famous Humanoid AI Robot Inspires NFT CollectionFurther attesting to Dxfeed’s feats, the CEO of DxFeed, Oleg Solodukhin, remarked,At the event, they celebrated Miami’s burgeoning popularity as a global city center with blossoming finance, technology, crypto/NFT, real estate, and art. In addition, the event brought to the fore vital networking opportunities, resulting in one of the best events in the city in a while.Continue reading on BTC Peers More
Shopify teamed up with GigLabs to use their NFT blockchain-based technology platform to make this service accessible. Additionally, NFT based on other blockchain networks like Ethereum, Polygon, and others may be created by collaborating with partner applications. “Our booming NFT app ecosystem reflects our commitment to give merchants an easy solution to selling digital assets directly via their Shopify shops,” says Shopify’s Product Director, Robleh Jama.”Shopify Payments and Shop Pay are two options for NFT enthusiasts who wish to buy the items. Cryptocurrency, credit, and debit cards are all accepted payment methods on the site. After making a purchase, customers will get an email with their NFT, which they can then use to save it immediately in their digital wallets.Read Also: How NFT Game Called ‘Legacy’ Made $900,000 from Sale of Digital Plot of LandAccording to the material on the company’s website, this NFT solution is presently accessible for Shopify Plus merchants in the United States. However, to add this new feature to the Shopify Plus account, such customers will need to contact GigLabs NFT, a partner with Shopify on this project, to get necessary technical assistance.Firms like BreakingT and Infinite Objects, according to an official memo released, will be the first to use the app’s platform-based service. The companies plan to work together to generate new revenue streams and strengthen client loyalty. GigLabs collaborated extensively with both companies to design and develop the software.Shopify has a long road ahead of it in the crypto world, and this is only the beginning. It began taking Bitcoin in 2020 when it partnered with BTCPay. The open-source solution it provided also enabled several features in Shopify-based shops.Continue reading on BTC Peers More
Hence, the plot of land sold for $900k represents one out of various plots of land in this game created by Peter Molyneaux. According to reports, even though the plots of land are still in the pre-sale stage, it has attracted the sum of $56 Million, which is in the form of NFT assets.Read Also: NFT Collector Spends $450,000 to Be Snoop Dogg’s Virtual NeighbourThe Legacy game has received many reactions since Molyneaux announced it. According to Gala Games, “Legacy is a creative entrepreneur’s dream come true, an opportunity for players to build their very own business, designing their very own products from a huge array of possibilities as they create a business empire the likes of which the world has never seen!”This statement by Gala Games shows that the Legacy game comes with so many benefits. The first is that it allows players to act as entrepreneurs and fulfill their dreams of successfully building a business. Secondly, the Legacy game presents players the chance to turn their imaginations to viable products, and also you can get to trade and earn money from your gameplay.Continue reading on BTC Peers More
WASHINGTON (Reuters) – The International Monetary Fund’s Executive Board on Friday said it has formed a steering group to lead a review to improve institutional safeguards on data and governance after clearing IMF Managing Director Kristalina Georgieva of wrongdoing in a World Bank data-rigging scandal.The IMF board said in a statement that it aims to present the review by the next Spring Meetings in April 2022. The review has “the objective of helping to ensure the staff, Management, and Executive Board maintain the highest possible standards around internal governance, use of data, and accountability.”Georgieva was accused in September of putting “undue pressure” on World Bank staff in 2017, when she was the lender’s CEO, to alter data in its flagship “Doing Business” report to boost China’s ranking.The allegations, which Georgieva strongly denied, were contained in the investigation report of a law firm hired by the World Bank’s board to probe data irregularities in the now-discontinued report on country business climates.After saying it had conducted a thorough review of the matter, the IMF board expressed its confidence in Georgieva and IMF staff in October, but said it would consider additional steps to “ensure the strength of institutional safeguards.”U.S. Treasury Secretary Janet Yellen also had called for “proactive steps” to reinforce the IMF’s credibility.Georgieva told the Reuters Next conference in early December that the Fund was looking at all of its research processes in order to ensure the data integrity and using independent evaluations to find areas for improvements.The IMF board said on Friday that the new steering group will work with IMF management and two staff working groups focused on internal governance and ensuring staff voices are heard as well as data analysis and integrity.”As part of this effort, the Board’s steering group and the staff working groups will take stock of current procedures and systems in place, assess their effectiveness, and recommend improvements as needed to ensure that arrangements reflect best practices,” the IMF board said. More
