Author: Press Room

Source: YouTube

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.Calvaria is a brand new play-to-earn gaming ecosystem that has been making huge strides in its presale, which is now almost complete. The play-to-earn industry has been booming as of late, despite the significant retracements in prices across the cryptocurrency markets – some of the best-performing assets of the last bull market were play-to-earn tokens, and there is a strong likelihood that they will continue to perform well in the next, especially when one considers that the majority of VCs…

CNN  —  President Joe Biden on Friday plans to mark the two-year anniversary of the January 6, 2021, insurrection by awarding for the first time in his presidency the Presidential Citizens Medal to 12 people. The individuals include law enforcement officers who were injured defending the Capitol, a Capitol Police officer who died the day after rioters stormed the building and election workers who rejected efforts by former President Donald Trump to overturn the results of the 2020 election. Biden is set to deliver remarks and host a ceremony at the White House honoring the dozen individuals chosen for having…

New York City’s Department of Education has banned ChatGPT from school devices and networks due to concerns that the controversial artificial-intelligence tool will fuel cheating and misinformation, a spokesperson confirmed Thursday. Since its release in November, ChatGPT has triggered alarm among educators who fear it will lead to academic dishonesty by allowing students to easily generate essays and other assignments by pressing a few keys. “Due to concerns about negative impacts on student learning, and concerns regarding the safety and accuracy of content, access to ChatGPT is restricted on New York City Public Schools’ networks and devices,” department of education…

Source: YouTube

As her 40-year central banking career comes to a close, Kansas City Federal Reserve President Esther George is advising her colleagues to stay tough in their efforts to stamp out runaway inflation.George said Thursday that she thinks the Fed should raise its benchmark borrowing rate above 5% and keep it there until there are substantial signs that prices are stabilizing.”Holding that until we get evidence that inflation is actually coming down is really the message we’re trying to put out there,” she told CNBC’s Steve Liesman during a “Squawk Box” interview. “I’ll be over 5% and I see staying there…

Clients pulled $8.1bn in deposits from Silvergate during a “crisis of confidence” late last year, forcing the crypto-focused US bank to sell assets and underscoring how the implosion of FTX reached the regulated financial sector. The California-based group’s disclosure on Thursday showing its deposits from digital asset customers shrank to $3.8bn on December 31 from $11.9bn at the end of September sent its shares plummeting as much as 41 per cent in New York trading. Silvergate, which is a Federal Reserve member bank and is listed on the New York Stock Exchange, has come under heavy pressure over the past…

Source: YouTube

After home financing costs nearly doubled in 2022, some relief is in sight for potential homebuyers in 2023.The interest rate for a 30-year fixed-rate mortgage in the U.S. is expected to drop to 5.25% by the end of this year, according to a forecast by the financial services website Bankrate. That’s 1.49 percentage points lower than the current rate, and nearly two percentage points lower than 2022’s peak rate of 7.12%.A slowing economy could lead to lower mortgage ratesThe forecast reflects expectations of a slowing economy in 2023 as the Federal Reserve continues to increase its benchmark interest rate to…

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.The high price and the limited number of high-value or popular NFTs pose liquidity challenges and make them unattainable for the average trader. To make the most popular NFTs more accessible and available on the market, the global cryptocurrency exchange Gate.io has launched Fraction Tokens.Fraction Tokens on Gate.io allows traders to buy and sell ERC-20 tokens pegged to an underlying NFT asset, enabling traders to better access and trade NFTs from the most popular collections. Users can easily buy and sell Faction Tokens on Gate.io’s spot trading…