What are virtual lands in the metaverse? How does the value of virtual land increase? What Is Virtual Land in the Metaverse? For those of you who aren’t aware of what land in the Metaverse is, let’s break it down quickly. A parcel of Land in the Metaverse is basically a piece of virtual real […]
What are virtual lands in the metaverse? How does the value of virtual land increase? Read More »
Just a couple of years ago, Facebook announced big changes and its intention to become Metaverse. Metaverse is an important product which shares an online virtual space (3D) with other companies. The idea is to create a future and better version of the internet as we now know it. Most people may not realize that
The metaverse will erode privacy even further Read More »
The UkraineDAO-organized sale is the largest NFT-based crypto contribution to the Ukrainian people to date. A non-fungible token (NFT) of the Ukrainian flag sold for 2,258 ETH (roughly $6.75 million) on Wednesday, with the proceeds being sent to Come Back Alive, an organization that donates supplies to Ukrainian civilians and military members. The sale was organized
Ukrainian Flag NFT Raises $6.75M for Country’s War Efforts Read More »
It said such restrictions violated the key principles of freedom of information and Russian internet users’ unimpeded access to Russian media. Russia is blocking Meta Platforms Inc’s Facebook, the country’s communications regulator said on Friday, in response to what it said were restrictions of access to Russian media on the platform. The regulator, Roskomnadzor, said
Russia blocks Facebook, accusing it of restricting access to Russian media Read More »
KEY POINTS On Friday, Shell purchased 100,000 metric tons of flagship Urals crude from Russia. It was reportedly bought at a record discount, with many firms shunning Russian oil due to Moscow’s unprovoked invasion of its neighbor. The purchase did not violate any Western sanctions. Oil major Shell has sought to defend its decision to buy
Shell defends decision to buy discounted oil from Russia Read More »
As financial authorities around the world continue to target sanctioned Russian entities, regulators in Japan along with the country’s crypto association are attempting to find and close gaps that may be used to circumvent sanctions. The two bodies, however, have said they are not discussing the plan to block all Russians. Calls to Block Russian
Japan Looks to Stop Sanctioned Russian Entities From Transferring Crypto Assets Read More »
Social tokens could be the next big trend in crypto this year, but regulatory concerns and specific use cases remain unclear. The COVID-19 pandemic, along with other recent events, have revealed the need for a fully digital economy, giving rise to Metaverse ecosystems, Web3 platforms and the adoption of digital currencies. For example, the Ukrainian
Non-crypto natives launch social tokens to engage with community and fans Read More »
The Financial Conduct Authority (FCA), the United Kingdom’s apex market regulator, is taking a proactive approach to curbing scams as they are inherent in the fast-growing crypto world. Per a report published by the regulator, as many as 16,400 inquiries were received on its ScamSmart website in the six months leading to September 2021. Of these received
UK Regulator FCA Places 50 Crypto Firms Under Investigation Read More »
Digital currency payments startup, MoonPay, has come off as the lucky winner of an auction for a World of Women (WoW) Non-Fungible Token (NFT). Reportedly, acting on behalf of a client, the WoW NFT #5672 was snapped up for £567,000 ($754,340) at the auction conducted at Christie’s London Evening Sale announced on Tuesday. The WoW NFT is a
MoonPay Lands $750K World of Women NFT in Christie’s Auction Read More »
Delegate Christopher T. Head introduced the bill back in January 2022, seeking an amendment to allow eligible banks to offer crypto custody services. The Senate of Virginia in the United States unanimously approved a bill amendment request that now allows traditional banks operating in the Commonwealth of Virginia to provide virtual currency custody services. Delegate
US Virginia Senate allows state banks to offer crypto custody services Read More »
