On March 14, a proposal outlining an alternative token economic mechanism was presented by the community leader "monet-supply" at the MakerDAO forum. If the proposal passes the management vote, the protocol can replace the existing governance token MKR with a new token called stkMKR.
Fed Raises Interest Rate by 25 Base Points
In an effort to curb inflation, the Federal Reserve raised its benchmark interest rate by a quarter of a point for the first time since 2018. The central bank has signaled seven more interest rate hikes in 2022.
HSBC Enters The Metaverse
HSBC, one of the largest banks in the world with approximately $3 trillion in assets under its management, is included in the metaverse. HSBC secured virtual real estate on its meta-game platform this Wednesday, Sandbox, a meta-verse project, said.
Meta's Mark Zuckerberg Says NFTs Are Coming to Instagram
In December 2021, Instagram's CEO Adam Mosseri described how the company was researching NFT technology during its AMA session. Three months later, at the South by Southwest (SXSW) event in Texas, Meta CEO Mark Zuckerberg announced that Instagram plans to promote NFTs “in the near term”.
Aave Prepares to Launch the Third Version of the DeFi Protocol in Six Blockchains
DeFi credit platform Aave announced the release of the third version of its protocol, which promises greater security, decentralization and capital efficiency for users. The third version of Aave stylized as Aave V3 will be available in six networks; Polygon, Phantom, Avalanche, Arbitrum, Optimism, and Harmony. The company told The Block that the Aave V3 will soon be positioned on the Ethereum mainnet.
Kazakhstan Shuts Down More Than 100 Crypto Mining Farms
Over 100 crypto farms in Kazakhstan have ceased operations as a result of ongoing inspections in the mining sector. Officials say some facilities are linked to prominent businessmen and former government officials.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.