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Bank of Japan Osaka branch governor: If the Middle East conflict continues, the negative impact on economic activity may expand.Bank of Japan Osaka Branch Governor: The Middle East conflict has had a limited impact on economic activity in the western Kinki region so far.April 6th - According to a report by the Brazilian website "Situation for the World" on April 5th, Cuban authorities announced on the 4th that they had completed the unloading of 100,000 tons of crude oil from the Russian-deployed oil tanker "Anatoly Kolodkin" in the Gulf of Matanzas, aiming to alleviate Cubas energy crisis caused by the intensified US blockade. This crude oil will be refined in the coming days to produce gasoline, diesel, and liquefied petroleum gas (LPG), all essential for maintaining basic public services and the national economy. The unloading operation, carried out by the Cuban National Oil Company (PDO), is part of an energy cooperation agreement between Havana and Moscow, aimed at easing Cubas fuel supply shortage. According to Cuban authorities, this crude oil shipment strengthens the strategic relationship between Cuba and Russia and expresses international solidarity in the face of the US blockade.The yield on 40-year Japanese government bonds rose 9 basis points to 3.960%.On April 6th, Saudi Arabia raised its crude oil prices for its main Asian markets by $17 per barrel, a record high premium over the Oman/Dubai average, as Irans near closure of the Strait of Hormuz restricted energy transport in the region and market volatility stemmed from uncertainty over the duration of the conflict. Saudi Aramco has set its official selling price for its Arab Light crude oil to Asia in May at a premium of $19.50 per barrel over the Oman/Dubai average, up $17 per barrel from the previous month.

As Official Crypto Exchange Partner of the Grammys

Cory Russell

Apr 01, 2022 10:37


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Binance has signed on as the Recording Academy's first official cryptocurrency exchange partner.


Binance will be sought out by the Recording Academy to spearhead Web3 efforts.


Binance's collaboration with the Recording Academy is the latest in a series of K-Pop collaborations aimed at increasing fan interaction.


Binance, one of the most popular cryptocurrency exchanges, was in the news again today. Despite recent clashes with regulators in a number of locations, Binance continues to push the crypto envelope.


To raise brand exposure, cryptocurrency exchanges have targeted mainstream events. eToro, FTX, Coinbase, and Crypto.com were featured in Super Bowl LVI in February, with the crypto exchanges purchasing half-time ad time.

Binance Sponsors the Grammys in the US

Binance became the Recording Academy's first-ever official crypto exchange partner today, according to news reports. The Grammy Awards, the only peer-recognized music honor, are organized by the Recording Academy.


Binance and the Recording Academy will apparently use Web3 to boost music fan engagement, as revealed by the Recording Academy on Twitter.


The Grammy Awards attracted only 8.8 million viewers in 2021, down from 18.7 million in 2020.


The previous low was 17 million in 2006, according to the New York Times. Staples Corner, currently known as Crypto.com Arena, hosted the event in 2021.


Similar trends have been observed in other broadcast award shows and significant athletic events.


While viewership for Super Bowl LVI dropped to a 15-year low, crypto exchanges experienced a surge in visitors shortly after their commercials aired. Binance is looking for the same thing.


Web 3 is not new to the Recording Academy. The Academy and Tezos-based NFT platform OneOf struck a three-year contract in November.


After forming relationships with K-Pop, Binance supports the Grammy Awards.

Music Industry and Global Fan Base Binance

Binance and KStarLive announced the release of "THE SHOW FanBox NFT Collection" in late 2021.


THE SHOW FanBox NFT Collection was FEATURED's first K-Pop performance NFT release. Binance's innovation arm, FEATURED, is a non-custodial, on-chain NFT platform.


SM Brand Marketing and YG Entertainment have also developed strategic collaborations with Binance.


Binance and SM Brand Marketing are working together to create a global Play-to-Create (P2C) ecosystem. Users will be able to generate content and items such as games, music, dance, and merchandise that can be converted into NFTs using P2C.


YG Entertainment, a K-pop label, and Binance are collaborating to build Metaverse, NFT, and gaming options.


Binance provides K-Pop with a worldwide platform for fan retention and engagement.


Binance will be looked to by the Recording Academy to spearhead similar projects in order to keep the Grammys at the forefront of the music business.


The 2022 Grammy Awards will be held on April 3 in Las Vegas.