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Record $307 Trillion Global Debt Puts World Economy on Alert


In the first half of 2023, global debt increased by $10 trillion, reigniting concerns about its impact on the world economy and the potential for a financial crisis, according to data released by the Institute of International Finance (IIF) on Tuesday.  The report disclosed that the overall debt...

Global Debt Spikes to Record $307 Trillion Driven by US, Developed Nations


The world’s debt has surged to a record high level in the second quarter, according to the Institute of International Finance (IIF). The increase has also helped lift the global debt-to-GDP ratio which had been declining for seven quarters but is now projected to reach 337% by the end of this year....

Centrifuge unveils its vision at NYC’s Real-World Asset Summit


Centrifuge has made some crucial announcements at the Real-World Asset Summit that was held in New York City. These are in line with the vision of the platform. Announcements are primarily associated with institutional-quality assets, new ecosystem partners, and cross-chain launches. The idea is...

In A Year Of Big Games, Sea Of Stars Is Refreshingly Small


There are a lot of games to play in 2023, so many that right after I beat Sea of Stars, the new indie RPG inspired by genre classics like Chrono Trigger, I immediately turn my attention to Baldur’s Gate 3. The switch reflects a jarring sea change in the design of role-playing games: after...

Disney World Partially Closed After Wild Bear Sneaks Inside


When you go to Disney World in Florida, you expect many things. Exciting rides, overpriced food, lots of fun characters to meet, long lines, and maybe some memory-making with friends and loved ones. What you likely don’t expect to see is a big ol’ bear—a real, wild one, not a Country Bear Jamboree...

AX1 Unveils Comprehensive Research on the Web3 Landscape


PRESS RELEASE. In a rapidly evolving digital landscape, the crypto industry stands as a beacon of innovation and opportunities. AX1 takes a deep dive into this dynamic world, focusing on the pivotal role of Trust Wallet in the DeFi and DEX sectors. The research offers a rounded perspective on...

Galxe and FNCY of Metaverse World collaborate strategically


Galxe has announced its strategic partnership with FNCY of Metaverse World. The objective is to provide an epic experience to players, for which Galxe has said that it will be integrating the blockchain mainnet of its partner along with FNCY Wallet. FNCY of Metaverse World is a subsidiary...

Softbank Looking to Invest Billions in AI After Pausing Crypto Investments


Softbank, one of the largest investment management conglomerates in the world, is reportedly eyeing several investments in the artificial intelligence (AI) field after having paused its crypto investments. According to the Financial Times, Softbank founder and chief executive officer Masayoshi...

Crypto Community Skeptical of Blackrock’s XRP Pivot Rumors


Many crypto proponents have warned that despite a small connection between Blackrock and XRP, the news of the world’s largest asset manager shifting focus from bitcoin to XRP is fake. Blackrock is currently waiting for the U.S. Securities and Exchange Commission (SEC) to greenlight its spot...

TEE Token: The New Paradigm in Cryptocurrency Trading


Introduction Exciting news for the crypto community—TEE Token has now been listed on the LBank Exchange! In a world grappling with the complexity and volatility of the cryptocurrency market, the Guarantee Token Team proudly unveils TEE Token. Crafted to defy conventional paradigms, TEE Token...

Binance US CEO Quits, Crypto Exchange Cuts Third of Jobs


Chief Executive Officer of Binance US, Brian Shroder, has left the company amid an ongoing regulatory crackdown and more job cuts. Shroder’s departure comes two years after he joined the American subsidiary of the world’s largest cryptocurrency exchange by daily trading volume. Shroder Departs...

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