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Observers

Observers's Observations 365 Articles
Aug 08, 2022 Meta Is Losing Money on the Metaverse, but Still Goes On
Oculus VR headset.

Meta, formerly known as Facebook, reported a loss of $2.81 billion on $452 million in revenue from its virtual reality division, Reality…

Observers
Aug 08, 2022 El Salvador Demonstrates Financial Stability Despite Crypto Downturn By Buying Out Its Debt
 Nayib Bukele, the President of El Salvador.

El Salvador prepares to buy back its sovereign debt ahead of schedule out of sheer spite.

Observers
Aug 08, 2022 Another Large Brazil Bank Goes Into Crypto
Mario Leao, Santander Brazil CEO.

The third largest privately owned bank in Brazil is about to open crypto world for its clients.

Observers
Aug 07, 2022 Damien Hirst Will Burn His Art in NFT Project
NFT chart

One of the richest artist in the UK, Damien Hirst, will burn thousands of his paintings at Newport Street Gallery in London this September…

Observers
Aug 07, 2022 IMF On Kenya CBDC Paper, Commends Caution
 Central Bank

IMF returned its comments on the Kenyan Central Bank Digital Currency (CBDC) discussion paper published in February 2022. In the Annex to…

Observers
Jul 31, 2022 US Treasury Research Office Studies Implications Of CBDC On Private Bank Deposits
Todd Keister of Rutgers University and Dr Cyril Monnet of the University of Bern

The Office of Financial Research of US Treasury commissions a study about implications of CBDC on bank’s deposits, possible effects on bank…

Observers
Jul 31, 2022 Dubai’s Metaverse Strategy
The Higher Committee for Future Technology and Digital Economy in Dubai.

Crown Prince of Dubai Hamdan bin Mohammed has launched the Dubai Metaverse Strategy. The strategy “aims to turn Dubai into one of the…

Observers
Jul 31, 2022 Microsoft’s Minecraft Bans NFTs
Minecraft NFT

The sandbox-style video game Minecraft, owned by Microsoft, is prohibiting the use of NFTs on its servers and NFTs that are based on the…

Observers
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