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May-6-2021: Commodities:Norway’s Oil Industry Averts Strike With New Wage DealNorway’s oil companies and industry trade unions struck a wage deal this week, averting another strike that could have cost many millions in lost oil revenue. Reuters reported that the sides had agreed on a wage increase of more than $2,000 for this year.

May-6-2021: Commodities:The world needs to dramatically cut methane emissions to avoid worst of climate change, UN saysThe world could slash human-caused methane emissions by up to 45% this decade, according to the U.N.’s Global Methane Assessment.

May-6-2021:Commodities:Oil Rally Stalls As India’s COVID Crisis WorsensOil prices dropped on Thursday morning, cutting short the rally to $70 a barrel after the world’s third-largest oil importer, India, reported a fresh record of new daily coronavirus cases.

May-6-2021:Commodities:Crude Oil Edges Lower as Demand Risks RemainCrude oil prices weakened Thursday, handing back some of the recent strong gains as demand risks continue to linger.

May-6-2021:Commodities:Gold Back Above $1,800 But Late to Inflation PartyGold finally recaptured its $1,800 an ounce berth on Thursday after a 10-week lapse.

May-6-2021:Economy:Switch to electric puts over 100,000 German auto jobs at risk -IfoThe electric car boom could cost the German auto industry more than 100,000 jobs in combustion engine production by 2025 if companies fail to beef up efforts to re-skill workers, a survey showed on Thursday.

May-6-2021: Economy:ECB to inspect loans to shadow banks after Greensill, Archegos fiascosThe European Central Bank will take a closer look at bank loans to lightly regulated investment funds and specialised lenders after the spectacular collapses of Archegos Capital Management and Greensill, top ECB supervisor Andrea Enria told Reuters.

May-6-2021:Economy:Bank of England slows bond-buying, sees economy bouncing back more quicklyThe Bank of England slowed the pace of its trillion dollar stimulus program and forecast a faster recovery for Britain from the coronavirus slump on Thursday, but stressed it was not tightening monetary policy.

May-6-2021:The DeBio Network and KILT Protocol have officially announced their partnership today. As a result, this partnership will enable both networks to share their technologies. To be specific, KILT would integrate its credential into DeBio’s anonymous-first platform for medical and bioinformatics data.

May-6-2021:Ripple Going PublicBlockchain finance provider Ripple has announced its planned IPO in the future.A possible IPO may come with both advantages and disadvantages in the way Ripple handles its technology. This milestone move will create a ripple effect on other digital assets, potentially driving a wave of IPOs.

May-6-2021:Clever DeFi (CLVA) token forms an ascending triangle, hints at future growthClever DeFi (CLVA) token saw quite a bit of volatility throughout April, going up and down quite severely. However, in doing so, the token started forming a pattern of an ascending triangle, which allowed experts to predict its future behavior.

May-6-2021:OpenOcean Becomes the First Ethereum Layer 2 Aggregator

• OpenOcean has now become the first to integrate Loopring Ethereum Layer 2.
• Ethereum Layer 2 presents a less congested solution.

May-6-2021:TeraBlock Launches Initial DEX Offering (IDO) on BSCPad

• TeraBlock is launching an IDO on BSCPad.
• The platform has scheduled the IDO for May 11, 2021.

May-6-2021:UFC Fan Token Going Live on Chiliz Next Month

• Ultimate Fighting Championship (UFC), is launching its blockchain-based fan token.
• The token will be available on the Chiliz blockchain.
• UFC tokens will open only on the Socios app with no pre-sale anywhere else.

May-6-2021:Kazakhstan opens public consultation for central bank digital currencyKazakhstan’s central bank is planning to examine the potential benefits and risks of adopting a state-backed digital currency.

May-6-2021:Crypto.com Sponsors Italian Soccer For Coppa Italia FinalCrypto.com and Lega Serie made a partnership agreement for the Coppa Italia Final.
The event will take place between Atalanta and Juventus on May 19.
Crypto.com also signed an agreement with the Canadian Hockey team and Aston Martin.

May-6-2021:US banks to start enabling Bitcoin trading this year, NYDIG execs revealThe era when American banks abhor Bitcoin and other cryptocurrencies may be finally coming to an end. U.S. financial institutions are keen to get in on the crypto action and may soon allow customers to purchase Bitcoin directly from their bank accounts.

May-6-2021:Thorchain: Recent Developments and Reasons to Be BullishBlockchain interoperability is the enigma preventing blockchain integration on a larger scale.