What’s up everyone! I hope you all are having an exciting week. This week's news is full of juiciness from around the world. (Side note: if you’re at Ethereum Denver make sure to come say hi to us and ask any questions you may have!). Okay, let’s get to it. 🔥
A House in Gulfport has begun to accept ETH as a rent payment. 🏠 Moreover, its property rights can be mined as an NFT. This could certainly stimulate the implementation of blockchain technologies within the real estate business. Source
Nellie Liang from the U.S. Department of the Treasury has stated that stablecoins are vital components of financial inclusion. They reduce the transaction fees and are faster to execute than traditional payments. She says cross-border payments are a great example of stablecoins’ 💸 benefits. Source
Polygon has recently raised $450 million in a new venture financing round led by Sequoia Capital India🇮🇳. Polygon has aggressively expanded its portfolio of Ethereum scaling solutions and is working to attract the larger developer ecosystem. Source
Apple is about to implement a new feature for their devices that will allow merchants to accept crypto payments in just a tap similar to Apple Pay. 📲 A great real-world use-case for crypto payments. Source
The Russian government plans on recognizing Bitcoin and other cryptocurrencies as a regular currency alternative. In that case, crypto will be fully controlled by the Federation Bank system🏦. Source
The US Labor Department reports the consumer price index rose 0.6% for all items in January, driving up annual inflation by 7.5% 📈. That is the biggest gain since February 1982. In addition, core inflation rose 6%, notching above Wall Street expectations. On the other hand, earnings for workers increased just 0.1% per month when accounting for inflation. Source
“Ukraine Invasion Will Harm Humanity” Ethereum co-founder Vitalik Buterin recently expressed his opinion on Twitter. The tweet encourages Kremlin to reconsider the invasion. Source
Aave launches a Decentralized Social Media Platform on Polygon blockchain 😃 . Lens Protocol developers state that they aimed to create an open-source, "Web3, smart contracts-based social graph" based on dynamic NFTs. Source
