Global economy

NFT-TiX Secures VIP Lounge Naming Rights for Hardmission and Techmission Festival Prague 2023

For Immediate Release March 1, 2023 NEW YORK, NY - NFT-TiX, the rapidly expanding ticketing and NFT Ticketing marketplace, has entered into a partnership with United Music Events, securing the naming rights for the VIP area at the highly anticipated 2023 Hardmission and Techmission Festival in Prague. The VIP area on both events are designated as the "NFT-TiX VIP Lounge." This unique lounge promises to provide an exclusive and elevated experience for VIP ticket holders at both festivals. NFT-TiX is thrilled as part of these groundbreaking experiences, which are among

Don’t Fear the FUD

Over the past week, the crypto market has taken a hit due to the usual Fear, Uncertainty, and Doubt (FUD) surrounding the potential for interest rate hikes and future regulations. It’s easy to get sucked into the panic and feel that crypto is being unfairly targeted. FUD is part and parcel of the crypto space and there are always plenty of narratives that accompany its volatility. In 2021 the favorite topic was China’s negative approach to crypto. Fast forward to today and Bitcoin miners are back operating in China and

Paribus: Climbing Every Mountain.

Less than a year ago in a small town in Switzerland, there was hope and optimism that crypto was finally breaking into the global financial system and a bright future awaited. That small town is Davos, home to the annual meeting of the World Economic Forum (WEF). This year the mood is far less optimistic as the ongoing FTX saga continues to cast its long shadows across the conference. Crypto is still represented along the Promenade, the road outside the main convention center, however this time it’s more heavily focused

Prontoblock and EPIC ESG Partner to Launch a DAO and Issue On-Chain Green Bonds to Finance Clean Energy Solutions

The on-chain tokenized green bonds issued by Prontoblock will be one of the first such offerings in the United States. Moody’s forecasts that the issuance of green bonds could total $1 trillion in 2022. New York, November 8, 2022 -- Prontoblock, an innovative blockchain and Web3 company, will partner with EPIC ESG to utilize smart contracts in the form of Non-fungible Tokens (NFTs), and introduce utility tokens to support the structure of on-chain green bonds for large-scale projects. Prontoblock will issue approximately $300 million in notional value in the form

Ethereum fees are skyrocketing — But traders have alternatives

With the rapid growth of decentralized finance, upcoming scaling developments on Ethereum 2.0, and increased crypto allocation in the portfolios of institutions, the price of Ether (ETH) is rapidly ascending. In fact, we’ve already seen ETH break the $2,000 barrier for the first time, marking a brand-new all-time high. All this action may be bullish for ETH holders and DeFi investors, but for smaller DApp developers and other users on the network — such as traders using ERC-20-based stablecoins — it’s quickly pricing them out. That’s because the cost of

He always wanted in the game, and now Shotcall’s Gordon Li is helping fans play alongside creators

(Photo courtesy of Gordon Li) Gordon Li grew up obsessed with playing video games — maybe a bit too much, in his parents’ opinion, he says. But any parent would be proud if their kid made a career out of doing something they loved, and that’s exactly what Li has done. Our latest Geek of the Week is a co-founder and the chief technology officer at Shotcall. The online marketplace and platform connects content creators with their fans by helping them play video games alongside each other. “I remember being

Tencent Holdings COO Mark Ren Highlights Four Key Trends at Tencent Esports Global Summit

Tencent Holdings is one of the biggest technology companies in the world, but its gaming business is undisputed as the top revenue generator in the empire. According to Tencent’s latest financial report for Q2 2020, the company recorded total game revenues of ¥46.9B RMB ($6.8B USD), representing 40.8% of Tencent’s total revenues in Q2 2020. In Tencent’s executive structure, there are two employees with the highest salary and directly report to Tencent President Martin Lau. One is Allen Zhang, who’s in charge of the businesses of Chinese social media WeChat,

Shacknews Stimulus Games 2020 – Smash All Star Mario Kart 8 Super Challenge

The whole crew from the SmashCast is here for a very special electronic sports competition. The Shacknews Stimulus Games 2020 are set to continue tonight at 8:40 PM ET with a very special Smash All Star Mario Kart 8 Super Challenge. We have gathered our friends from the SmashCast for a special video game challenge. Shacknews was hit by a wave of event cancelations in the wake of the COVID-19 pandemic, and these talented folks have been adversely affected as they are expert players and casters from the world of

Shacknews Stimulus Games 2020 – Wreckfest Shackbattle May Tournament

The Shacknews Stimulus Games 2020 are set to continue tonight at 9:30 PM ET with a very special Shacknews Stimulus Games 2020 - Wreckfest Shackbattle May Tournament. Tonight, we are having a very special Shackbattle. Please take a look. [embedded content] Shacknews Stimulus Games 2020 - Wreckfest Shackbattle May Tournament: 6 individual races, top 5 get points, after the races, points added up First Place - $300 Amazon Space Bucks  Second Place - $200 Amazon Space Bucks  Third Place - $100 Amazon Space Bucks  6 Team races, top 3 get points,

Google CFO confirms company ‘experienced a significant slowdown in ad revenues’ in March

Google CFO Ruth Porat disclosed a slow down in the company's ad revenue as the global COVID-19 pandemic intensified in March. Google is out with their Q1 2020 earnings release, and the stock is up on a revenue beat. Sales came in at $41.2 billion for the search behemoth, but the CFO disclosed that the effects of the COVID-19 pandemic on advertising revenues began to be felt in March.  Alphabet's stock jumped nearly $60/share on today's earnings release. “Performance was strong during the first two months of the quarter, but