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US Inflation Could Be Worse Than Expected, Goldman Sachs Says — Atlanta Fed President Favors 25 BPS Rate Hike

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While the conflict in Ukraine is a hot topic, fears of rising inflation continue to haunt Americans residing in the country, as economists and analysts note U.S. inflation will likely remain high. Inflation is likely going to be worse than initially feared this year, Goldman Sachs explained in a report published on Sunday. Moreover, in terms of inflation coupled with the Ukraine invasion, an economics professor at American International College (AIC) stressed there’s “a perfect storm brewing.” Goldman Sachs: ‘Strong Jobs Market and Rising Inflation Could Ignite a Moderate Wage-Price…

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US Inflation Could Be Worse Than Expected, Goldman Sachs Says — Atlanta Fed President Favors 25 BPS Rate Hike was first posted on February 28, 2022 at 11:04 pm.
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Moledao Kicks off Global NFT Hackathon With Exclusive NFTs

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PRESS RELEASE. Moledao presents MoleHack: NFT 2.0 – a global challenge to discover new innovations in the NFT space. In partnership with Bybit, Polygon, BitDAO, iZUMi Finance, Project Galaxy, thirdweb, buildspace, L2Y, Web 3 Collective and more, the hackathon has over $80,000 grants and prizes in total for builders to win. In conjunction with MoleHack: NFT 2.0, Moledao launched its exclusive web 3 membership NFTs on Project Galaxy for both new and old builders of Moledao. For the new builders of MoleHack: NFT 2.0, the first 50 registrants who submit…

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Moledao Kicks off Global NFT Hackathon With Exclusive NFTs was first posted on February 28, 2022 at 10:03 pm.
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Ebay CEO Talks NFTs and Crypto, Exec Says Company Continues to ‘Evaluate Other Forms of Payments’

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The president and chief executive officer of Ebay, Jamie Iannone, discussed the possibility of digital currency acceptance on the online auction website and non-fungible token (NFT) sales in a recent interview published on February 27. Iannone stressed that currently, Ebay doesn’t accept cryptocurrencies but in March, the company plans to go “deeper on all of these things, payments, advertising, our focus categories.” Ebay CEO Jamie Iannone: ‘Without Any Official Announcement, People Started Trading NFTs on the Platform’ There are a few online business giants such as Amazon and Ebay, that…

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Ebay CEO Talks NFTs and Crypto, Exec Says Company Continues to ‘Evaluate Other Forms of Payments’ was first posted on February 28, 2022 at 9:03 pm.
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‘Yes, He Would’: Fiona Hill on Putin and Nukes

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For many people, watching the Russian invasion of Ukraine has felt like a series of “He can’t be doing this” moments. Russia’s Vladimir Putin has launched the largest ground war in Europe since the Second World War. It is, quite literally, mind-boggling. That’s why I reached out to Fiona Hill, one of America’s most clear-eyed Russia experts, someone who has studied Putin for decades, worked in both Republican and Democratic administrations and has a reputation for truth-telling, earned when she testified during impeachment hearings for her former boss, President Donald…

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‘Yes, He Would’: Fiona Hill on Putin and Nukes was first posted on February 28, 2022 at 8:04 pm.
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Technical Analysis: LUNA Leads Crypto Rally, ANC Slips Under Bearish Pressure

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On Monday, terra (LUNA) rose for its 8th session in nine days, as its value increased by close to 60% over the last week. Anchor (ANC), on the other hand, was lower after climbing by almost 50% in the same period. Biggest Gainer Terra (LUNA) has been one of the standout performers in cryptocurrency markets in recent weeks, despite increased market volatility. Monday’s rally in LUNA/USD saw prices climb to their highest level in over six weeks, hitting the long-term resistance point of $84.70 in the process. This surge comes…

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Technical Analysis: LUNA Leads Crypto Rally, ANC Slips Under Bearish Pressure was first posted on February 28, 2022 at 7:03 pm.
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Russian Bank Run Begins as Ruble Plunges to Record Low Amid Escalating Sanctions

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A bank run has started in Russia as citizens rush to withdraw cash amid escalating sanctions. The Russian ruble also nosedived to a record low, plunging more than 30%. “There are about 70 people in line. Eyewitnesses say the money in the ATM runs out within 40 minutes.” Russians Rush to Withdraw Cash as Sanctions Intensify The Russian ruble nosedived 30% to a record low against the U.S. dollar Monday morning, falling as far as 119.50 per dollar from Friday’s close as offshore trading started in the morning during Asia…

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Russian Bank Run Begins as Ruble Plunges to Record Low Amid Escalating Sanctions was first posted on February 28, 2022 at 7:03 pm.
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How NFTs and the Metaverse Can Help Save the Planet

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The head of a leading South Korean cryptocurrency exchange has recently promised that its non-fungible tokens featuring the world-famous K-pop band BTS will be minted by “low carbon, eco-friendly” technology after receiving backlash from environmentally conscious young fans about the energy use of NFTs. Wait a minute, environmentally conscious people. NFTs and the metaverse are not environmentally unfriendly technologies. To the contrary, they can save the planet and bring humankind a much greener future. The Crypto Mining Required for Minting Supports the Development of Green Energy South Korea is not…

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How NFTs and the Metaverse Can Help Save the Planet was first posted on February 28, 2022 at 6:03 pm.
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Ukraine Asks Crypto Exchanges to Freeze Accounts of All Russian Users — Major Exchanges Deny Request

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The vice prime minister of Ukraine has asked all major cryptocurrency exchanges to freeze accounts of all Russian users. However, some crypto exchanges have already denied the request. Binance confirmed it is “not going to unilaterally freeze millions of innocent users’ accounts” while Kraken says it is “not really a viable business option for us.” Ukraine Wants Accounts of All Russian Crypto Users Frozen Mykhailo Fedorov, vice prime minister of Ukraine, tweeted Sunday asking all major cryptocurrency exchanges to block addresses of Russian users. “It’s crucial to freeze not only…

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Ukraine Asks Crypto Exchanges to Freeze Accounts of All Russian Users — Major Exchanges Deny Request was first posted on February 28, 2022 at 5:03 pm.
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Relax, Democrats, Biden’s presidency isn’t screwed

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After Democrats got routed in the 2010 elections, a reporter asked President Barack Obama if the results were a sign that voters considered him “out of touch” with their concerns and whether he was willing to change his leadership style in response. Obama replied that the rebuke was something “every president needs to go through” as a reminder to stay connected with the national mood. “Now,” he added, “I’m not recommending for every future president that they take a shellacking like I did last night.” For much of the two…

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Relax, Democrats, Biden’s presidency isn’t screwed was first posted on February 28, 2022 at 5:03 pm.
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Walking the Gank: Examining Sea of Thieves’ on-going identity crisis

Rare’s “what if pirates also enjoyed solving puzzles” thought-experiment Sea of Thieves is once again shaping up for a successful year. As if 2021’s introduction of Seasons with Battle Pass-esque cosmetic unlocks and a full narrative-focused Pirates of the Caribbean crossover wasn’t enough, Rare recently revealed that 2022 will see the addition of new, timed PvE events that contribute to…

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