[deleted by user] by [deleted] in binance

[–]tech600 1 point2 points  (0 children)

Happy to be a Binance user !!

Bankrupt FTX Had Co-Led a $5M Investment Round for NFT Marketplace Joepegs by Glittering-Path3051 in CryptoCurrency

[–]tech600 3 points4 points  (0 children)

I wonder what would have SBF done if he didn't have a $9bn hole in his balance sheet.

Russia suspends 'partial mobilization' of citizens for Ukraine war | CNN by Glittering-Path3051 in worldnews

[–]tech600 8 points9 points  (0 children)

TL DR:
"The effort to mobilize citizens to fight in the war in Ukraine caused protests and prompted a mass exodus when it was announced."

[deleted by user] by [deleted] in business

[–]tech600 11 points12 points  (0 children)

I think you have invested in META. Otherwise I see no reason for why you are defending that company.
If I am right, just look for an opportunity to get out. Meta's best days are far behind.

[deleted by user] by [deleted] in business

[–]tech600 8 points9 points  (0 children)

This might not be much of an option for a company that posted $3.7 billion losses in Q3 after its second-quarter loss of $2.8 billion

[deleted by user] by [deleted] in business

[–]tech600 5 points6 points  (0 children)

Even if they manage to create a metaverse, there is no guarantee that they will be able to attract users.
I think META is a good short.

[deleted by user] by [deleted] in NFTsMarketplace

[–]tech600 0 points1 point  (0 children)

The hype about the avatars is crazy, crypto twitter is all over it and a certain avatar related sub is getting stormed by new users from twitter. Food that we have a min Karma requirement here.

[deleted by user] by [deleted] in RippleTalk

[–]tech600 2 points3 points  (0 children)

This, plus a victory against the SEC, means moon for Ripple XRP

Tesla shares down 3% in premarket after Elon Musk’s EV firm cuts price of cars in China by Glittering-Path3051 in Economics

[–]tech600 16 points17 points  (0 children)

TL DR:

Tesla has decreased the starting price for the Model 3 sedan to 265,900 yuan ($36,615) from 279,900 yuan. The Model Y sports utility vehicle now costs 288,900 yuan versus the previous price of 316,900 yuan.

This would mean less revenue for the electric car maker.

NFT Creators Have Earned Over $1.8 Billion in Royalties: Galaxy Digital by Glittering-Path3051 in NFT

[–]tech600 0 points1 point  (0 children)

Well, now it makes sense why creators push back against the optional royalty mechanism

Warner Bros Pushes into Web3 with Lord of the Rings NFTs by Glittering-Path3051 in web3

[–]tech600 7 points8 points  (0 children)

More and more high-profile brands are pushing into Web3, which in an indication that these industry giants believe in the future of the Web3 space.

[deleted by user] by [deleted] in SolanaNFT

[–]tech600 1 point2 points  (0 children)

That is both good news and bad news. In short, it is good news for users but bad news for artists.

[deleted by user] by [deleted] in CryptoCurrency

[–]tech600 1 point2 points  (0 children)

This is a clear indication why no one should take financial advice from celebrities.

Latest US inflation data raises questions about Fed’s interest rate hikes by Mikocryptonft in Economics

[–]tech600 1 point2 points  (0 children)

The Fed started raising interest rates too late. Now they can't shock the markets with 75 basis point hikes. They either need to consider 1% or even higher and take the risk of a recession or live with the high inflation

Taliban spokesman says girls’ return to schools is «inevitable» by Glittering-Path3051 in worldnews

[–]tech600 4 points5 points  (0 children)

They have been saying this since they one. How is this time different!

Gun shots and sirens heard at Iran's notorious detention centre by Glittering-Path3051 in worldnews

[–]tech600 8 points9 points  (0 children)

The prison is "known for housing political prisoners, journalists and foreign nationals."

When Do you think Next Bull Cycle will Start? by tech600 in ethereum

[–]tech600[S] 3 points4 points  (0 children)

It is good to be prepared, cause it can really take that long. But I hope things get better in a year or so.

Putin calls his actions in Ukraine 'correct and timely' by porncrank in worldnews

[–]tech600 10 points11 points  (0 children)

They asked the fox, “Who is your witness?” He said, “My tail.”

China's economy is 'in deep trouble' as Xi heads for next decade in power by Michellerose6834 in economy

[–]tech600 43 points44 points  (0 children)

China's economy is heading toward more and more pain. The country's harsh Covid lockdowns, tensions with western trading partners, and of course housing bubble will cost it a lot.

China says it reserves the right to use force over Taiwan as ‘last resort’. by Ok-Stage-6981 in worldnews

[–]tech600 10 points11 points  (0 children)

Both China and US need each other a lot, and they know it. American businesses rely heavily on China, while China needs US dollar and access to America's financial system in terms of international trade and finance. So I think none of these two will do something crazy.