Tags on this story
axie infinity, blockchain video games, financial collapse, inflation, Jamie Dimon, jpmorgan, Mark Cuban lawsuit, Peter Schiff, play-to-earn (P2E), Ponzi Scheme, Recession, U.S. economic system, Voyager Digital
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Gold bug and economist Peter Schiff has warned that the seeming ease in inflation for the USA economic system is nothing to get too enthusiastic about, as Shark Tank star billionaire Mark Cuban is dealing with a category motion lawsuit for allegedly selling a “huge Ponzi scheme.” In different information, JPMorgan CEO Jamie Dimon thinks “one thing worse” than a recession may very well be coming, and fashionable play-to-earn (P2E) blockchain recreation Axie Infinity hits $4B in gross sales and broadcasts the elimination of SLP rewards from basic mode. That is the Bitcoin.com Information Week in Assessment.
Peter Schiff Warns US Faces a ‘Huge Monetary Disaster,’ Economist Expects A lot Bigger Issues Than 2008 ‘When the Defaults Begin’
The economist and gold bug Peter Schiff normally has loads to say, and this previous week Schiff defined throughout an interview that he believes the U.S. will face a monetary disaster worse than 2008’s ‘Nice Recession.’ Schiff explains that the U.S. has much more debt than it did again then, and insists America’s financial downturn “goes to be a a lot greater disaster when the defaults begin.”
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Billionaire Mark Cuban Sued for Allegedly Selling a Huge Crypto ‘Ponzi Scheme’
Shark Tank star and the proprietor of the NBA crew Dallas Mavericks, Mark Cuban, is dealing with a category motion lawsuit for selling Voyager Digital’s crypto merchandise. The plaintiffs declare that Voyager was “a large Ponzi scheme” and Cuban “duped tens of millions of Individuals into investing.”
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JPMorgan Boss Jamie Dimon Warns ‘One thing Worse’ Than a Recession May Be Coming
JPMorgan CEO Jamie Dimon has shared his predictions for the U.S. economic system, together with an opportunity of “one thing worse” than a recession. “There are storm clouds,” the manager mentioned, citing rates of interest, QT, oil, Ukraine, conflict, and China.
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Axie Infinity Surpasses $4 Billion in All-Time Gross sales, Crew Removes SLP Rewards From Traditional Recreation Mode
After recording greater than $4 billion in all-time gross sales, Axie Infinity introduced the sport’s basic mode will not permit customers to acquire easy love potion (SLP), as SLP rewards have been added to the brand new Origin ranked gameplay mode. The crew additionally launched non-fungible token (NFT) runes and charms that may be minted on the Ronin community by way of {the marketplace}.
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What are your ideas on this week’s tales? Will inflation within the U.S. and globally ease quickly, or is the worst but to return? Make sure to tell us within the feedback part under.
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