News

Jan 28
OpenSea reverses limits on minting after community backlash

NFT marketplace OpenSea has backflipped on a controversial decision to limit the number of NFTs and collections creators can mint using its smart contract. The platform previously allowed unlimited collections and items, but changed its policy to only allow five NFT collections with 50 items per collection when using OpenSea’s collection storefront contract. The unexpected […]

Jan 28
Federal Reserve's rate-hike plans may be exacerbating the risk of a U.S. economic slowdown in 2022, based on bond-market signals

Just as Federal Reserve policy makers gear up for a likely series of interest rate hikes starting in March, the Treasury market is warning that there may be limits around how far policy makers can go without triggering fears of an impending recession. A day after the Fed’s policy update, the widely followed spread between […]

Jan 28
Exchange of letters and work on multiple-occupancy residential buildings insurance

In letters to the chief executives of insurance firms and brokers, we have today outlined work we are carrying out in the insurance market for multiple-occupancy residential buildings. We have also responded to a letter from the Department for Levelling Up, Housing and Communities (DLUHC) on this issue. Although insurance premiums are just one aspect […]

Jan 28
Doge Temple creator says the Metaverse is out, the Microverse is in

Niche “Microverse experiences” are the future of the Metaverse. According to the CEO of virtual party platform Party.Space Yurii Filipchuk, 1491 Total views 57 Total shares According to the founder and CEO of virtual party platform Party.Space, niche “Microverse experiences” will be the future of the Metaverse. Rather than “building a big Metaverse and selling […]

Jan 28
Mondelez's Q4 sales rise 5%

Shares of Mondelez International Inc. MDLZ, +1.28% fell nearly 2% in the extended session Thursday after the snacks and candy giant posted mixed quarterly results. Mondelez said it earned $1 billion, or 71 cents a share, in the quarter, compared with $1.2 billion, or 80 cents a share, in the year-ago period. Adjusted for one-time […]

Jan 28
Apple stock jumps after CEO reveals it's investing in the Metaverse

Time Cook said in an investors call that Metaverse applications have a lot of potential and that his company is investing in AR developments on its devices. 151 Total views 13 Total shares Apple’s stock price jumped in after hours trading after CEO Tim Cook said during the company’s Q1 2022 earnings call that he […]