krakow3d

https://i1.wp.com/krakow3d.com/wp-content/uploads/2021/02/next-chain-the-next-defi-powerhouse-to-host-its-liquidity-sale-event-from-the-24th-of-february.jpg?fit=768%2C432&ssl=1 PRESS RELEASE. While Ethereum has given way to a brave new world of decentralized financial applications that are completely permissionless, accessible and groundbreaking in many ways. However, it has done so on an experimental basis and with great costs. Ethereum provides a foundation on which these decentralized applications can be built upon but it is not ready for worldwide spread adoption. Simple transactions on the Ethereum network can cost upwards of $10 and interacting with smart contracts can even be several times more expensive. While Ethereum’s undeniable success has allowed it to garner a powerful DeFi community, and massive volumes both in decentralized trading and total value locked (which currently sits close to $40B in total) its infrastructure is simply not ready for widespread use. Whe...

NFT Roundup: Drumpfs Hit the Market, Dole Takes A Bite Out of Hunger, Digitalax Introduces Fashion Hybrids, and Burgundy Wine Collectibles Arrive

https://krakow3d.com/wp-content/uploads/2021/04/nft-roundup-drumpfs-hit-the-market-dole-takes-a-bite-out-of-hunger-digitalax-introduces-fashion-hybrids-and-burgundy-wine-collectibles-arrive.jpg The fever surrounding non-fungible tokens continues to spread as it penetrates new areas and industries. Political memes have now entered the NFT fray, Dole is fighting food insecurity with a humorous angle, Digitalax is bridging the physical and digital fashion divide, and even acclaimed wine is getting a taste for digital collectibles. Drumpfs Mint Trump’s Tweets for Charity Capitalizing on the momentum of Meme PAC’s viral presence in the American political conversation, 18-year incoming Columbia freshman and President behind the famed youth political action committee (PAC) Jackie Ni is introducing political NFTs. Through Strategic Meme Group (SMG), where Ni serves as Chief Meme Officer, unique digital political collectibles will be minted and auctioned to monetize former President ...

Interoperability May Be The Single Biggest Threat to Ethereum’s Dominance

https://krakow3d.com/wp-content/uploads/2021/04/interoperability-may-be-the-single-biggest-threat-to-ethereums-dominance.jpg While it may still be the primary network hub for defi activities, smart contracts, and NFTs, bridges built using competing networks like Tezos could pose a serious challenge to Ethereum’s market share in these areas. New Solutions to Old Problems Could Undermine Network’s Potency In the time since the network’s unveiling, Ethereum-killers have abounded with claims that they would displace the network with faster transactions, more scalability, lower fees, and effectively do just about everything better. Despite all the hype surrounding these answers to Ethereum’s flaws, no network has been able to displace the network’s appeal in totality. Yet, Ethereum’s deficiencies are currently coming under attack from all sides, and more so than ever before. The recently unveiled WRAP Protocol from Bender Labs is one of several arrows that...

Never-Before-Seen Pictures of Kurt Cobain’s Iconic Photoshoot to Be Sold a NFTs

https://krakow3d.com/wp-content/uploads/2021/04/never-before-seen-pictures-of-kurt-cobains-iconic-photoshoot-to-be-sold-a-nfts.jpg In less than three days, the renowned photographer Jesse Frohman will be holding an auction featuring a non-fungible token (NFT) collection of his last photoshoot with the now-deceased Nirvana frontman Kurt Cobain. On May 3, at 12 p.m. (ET) Frohman’s iconic photos that were transferred into NFTs will be auctioned for ethereum. A portion of the auction’s proceeds will go to the JED Foundation, a suicide prevention nonprofit for teens. ‘The Last Session’ NFT Auction Featuring Over 100 Kurt Cobain Images to Start at 27 Ethereum Nirvana’s Kurt Cobain changed the lives of many people with his awe-inspiring music, as the American singer, songwriter and musician took the world by stage back in the early nineties. Often heralded as one of the pioneers of alternative rock, Cobain’s legacy has lived on long after he committed suicid...

Cramer's lightning round: Southwest Air is a buy

http://img.youtube.com/vi/MfN3V-4663s/0.jpg https://www.youtube.com/watch?v=MfN3V-4663s "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. Origina post from https://krakow3d.com/videos/cramers-lightning-round-southwest-air-is-a-buy.html

Final Trades: Abbvie, Waste Management, American Tower & more

https://i2.wp.com/krakow3d.com/wp-content/uploads/2021/02/final-trades-abbvie-waste-management-american-tower-more.jpg?fit=480%2C360&ssl=1 https://www.youtube.com/watch?v=37Gz561S0iI The "Halftime Report" traders give their top picks to watch for the second half. Origina post from https://krakow3d.com/videos/final-trades-abbvie-waste-management-american-tower-more.html

Fed to Keep Rates Near Zero, Treasury Purchases to Continue, Powell Expects ‘Transitory’ Inflation

https://krakow3d.com/wp-content/uploads/2021/04/fed-to-keep-rates-near-zero-treasury-purchases-to-continue-powell-expects-transitory-inflation.jpg In a policy meeting on Wednesday, the U.S. Federal Reserve told the public that monetary easing will continue and the benchmark interest rate will be kept near zero. Just like previous statements from Federal Open Market Committee (FOMC) members, the committee within the central bank is not concerned about inflation and says that it should only have “transitory effects” on the American economy. Inflation to Have ‘Transitory Effects,’ While ‘Recovery Is Uneven and Far From Complete’ The most recent FOMC meeting held on Wednesday was no different than the past number of committee gatherings which explained that the central bank is still dealing with pressure from the pandemic. A press release that followed the meeting highlighted that the “pandemic is causing tremendous human and economic hardship acro...

UnoRe Ecosystem for Investors

https://krakow3d.com/wp-content/uploads/2021/04/unore-ecosystem-for-investors.jpg PRESS RELEASE. UnoRe , the first decentralized reinsurance platform, is now allowing retail users to invest in risk. This opportunity is a part of the project’s vision to revolutionize the reinsurance industry, one that has been traditionally gatekept, preventing any significant innovation in hundreds of years. UnoRe aims to take steps towards alleviating the extreme global wealth gap – a typical millennial now holds 41% less wealth than a similarly aged adult in 1989. In contrast, the world’s richest 1% currently have more than twice as much wealth as 6.9 billion people combined. That’s over 90% of everyone else! The inaccessibility to wealth-generating tools such as reinsurance is a contributing factor to this enormous inequality – reinsurance as an industry has always been one exclusive to the wealthiest factions of society and out of reach for regular investors. Those wit...

European Investment Bank Distributes $121 Million in Ethereum-based Digital Bonds

https://krakow3d.com/wp-content/uploads/2021/04/european-investment-bank-distributes-121-million-in-ethereum-based-digital-bonds.jpg The European Investment Bank (EIB), the investment bank owned by the EU Member States, has announced the issuance of the organization’s first-ever digital bond built on a public blockchain. The bond was issued using Ethereum and the issuance invoked $121 million two-year bonds placed with key market investors. EIB Issues Digital Bonds Built With Ethereum Technology The EIB, a not-for-profit organization and lending arm of the European Union announced on Wednesday that the bank has issued a new type of digital bond built using blockchain technology. On April 28, 2021, the EIB explained that the bank had also worked on the digital bond project with the financial institutions Goldman Sachs, Santander, and Societe Generale. The EIB also disclosed that the Banque de France participated and said “the payment of the issue monies from the underwriters...

President Joe Biden delivers his first State of the Union address

http://img.youtube.com/vi/dggKaPXt0gI/0.jpg https://www.youtube.com/watch?v=dggKaPXt0gI President Joe Biden delivered his State of the Union address to about 200 members of Congress, the military and his cabinet. Attendance was severely limited due to Covid restrictions. Origina post from https://krakow3d.com/videos/president-joe-biden-delivers-his-first-state-of-the-union-address.html

South Koreans File Online Petitions Seeking to Remove a Chief Regulator After Harsh Crypto Comments

https://krakow3d.com/wp-content/uploads/2021/04/south-koreans-file-online-petitions-seeking-to-remove-a-chief-regulator-after-harsh-crypto-comments.jpg As the South Korean government keeps strengthening the harsh rhetoric against cryptocurrencies, citizens have become increasingly angry due to the recent words from regulatory authorities. Over the weekend, petitions started to appear on the web, seeking the removal of the head of the country’s Financial Services Commission (FSC). Over 141,000 Signatures Collected in One Petition The presidential website is now being filed with thousands of petitions from furious people aged 20-39, seeking that Eun Sun-soo, the FSC’s chief, resign. The drop that broke the glass were the statements from Eun over the weekend, who stated that crypto has no “intrinsic” value whatsoever. But that’s not something new within the South Korean government’s bodies nor banking institutions. In fact, that’s the same rhetori...

America’s Fifth-Largest Banking Institution US Bank to Offer Cryptocurrency Custody

https://krakow3d.com/wp-content/uploads/2021/04/americas-fifth-largest-banking-institution-us-bank-to-offer-cryptocurrency-custody.jpg On April 27, the American bank holding company U.S. Bank revealed in a blog post that the financial institution plans to offer cryptocurrency custody services. The bank’s chief strategy officer for U.S. Bank Global Fund Services, Christine Waldron, says she is proud of her company’s steps toward blockchain and cryptocurrency practices. US Bank to Offer Cryptocurrency Services Pending Compliance Approval During the first week of January 2021, The Office of the Comptroller of the Currency (OCC) revealed that national banks and savings associations in the U.S. could deal with stablecoins and public blockchains. Following that announcement, The oldest bank in America, Bank of New York Mellon (BNY Mellon) disclosed in mid-February that it created a digital currency unit. On Tuesday, the fifth-largest banking institution in the country, U.S. Bank...

pNetwork and Algorand Officially Partner up to Build New Cross-Chain Connections

https://krakow3d.com/wp-content/uploads/2021/04/pnetwork-and-algorand-officially-partner-up-to-build-new-cross-chain-connections.png pNetwork , a cross-chain composability system that allows assets and Non-Fungible Tokens (NFTs) to move freely between blockchains, has officially partnered up with Algorand, the pure proof-of-stake blockchain focused on the convergence between decentralized and traditional finance, to launch cross-chain bridges for the Algorand ecosystem. pNetwork has received a grant from the Algorand Foundation for creating a pNetwork-powered bridge for Algorand to be connected with external assets and ecosystems. As the cryptocurrencies industry continues to evolve, the development of alternative financial platforms is on the rise. A critical component for these to succeed is assets’ liquidity, which in the decentralized scene is currently spread across multiple independent blockchain protocols. Similar to all blockchain-based networks, Algorand sits within its ...

Tesla’s Bitcoin Stash Now Worth $2.5 Billion, SEC Filing Shows

https://krakow3d.com/wp-content/uploads/2021/04/teslas-bitcoin-stash-now-worth-2-5-billion-sec-filing-shows.jpg Tesla’s quarterly filing with the U.S. Securities and Exchange Commission (SEC) shows that the company’s bitcoins are now worth $2.48 billion, a substantial increase from the initial investment of $1.5 billion. This is also after the electric car company sold some bitcoins to “prove liquidity.” SEC Filing Shows Tesla Sitting on Bitcoins Worth $2.48 Billion Elon Musk’s electric car company, Tesla Inc. (TSLA.O), revealed the value of its bitcoin holdings in its quarterly report filed with SEC on Tuesday. Tesla explained in the filing that it purchased “an aggregate of $1.5 billion in digital assets, comprised solely of bitcoin” during the three months ended March 31. The company also began “accepting bitcoin as a payment for sales of certain of our products in specified regions, subject to applicable laws.” The company then s...

‘More Valuable Than Gold’- The Motley Fool Announces $5 Million Investment Into Bitcoin

https://i1.wp.com/krakow3d.com/wp-content/uploads/2021/02/more-valuable-than-gold-the-motley-fool-announces-5-million-investment-into-bitcoin.jpg?fit=768%2C432&ssl=1 The fifth-largest investment website globally with over 80 million monthly visitors, The Motley Fool’s positive outlook for the future of bitcoin is another data point in the coin’s journey as the influential advisory organization wades into the debate. Investing Advice Provider Believes Bitcoin Will Deliver Ten-Fold Returns in the Next 15 Years The Motley Fool has announced a $5 million investment into bitcoin as part of a long-hold plan to gain a 10x return on its investment over the next 15 years. As the fifth-largest investment website globally, with over 45 million unique visitors in January alone, The Motley Fool’s positive outlook for the future of bitcoin is another data point in the coin’s journey as an influential advisory organization wades into the debate. This move is much more than...

Covid etiquette after vaccines