July 2022

EPC Blockchain among 16 Startups Selected to Join EY Incubator

Leave a Comment / Blockchain News, Business / Forks Daily

Big four accounting firm Ernst & Young (EY) has selected 16 early-stage startups to join its EY Foundry Cohort 5 program to propel disruptive solutions in four areas: sustainability, new enterprise, people and wellness, and services of tomorrow. EPC Blockchain, a Malaysian-based firm, is among those chosen, and it utilizes blockchain technology to record energy investments needed […]

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Dubai Is Preparing to Take Its Government to the Metaverse

Leave a Comment / Metaverse / Forks Daily

The Government of Dubai is preparing to make part of its offices available in the metaverse, according to reports. The country is currently seeking third parties to help it arrange the transition of some of its departments to the virtual world, per statements made at a metaverse event by Sharad Agarwal, chief metaverse officer of

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Nexo Signs Term Sheet With Vauld for Potential Acquisition

Leave a Comment / Business, Cryptocurrency / Forks Daily

Nexo said it has a 60-day exclusive due diligence period in which to decide whether it will buy up to 100% of Singapore-based Vauld. Crypto lender Nexo signed a term sheet with Vauld that could result in Nexo buying 100% of the Singapore-based company. Pending due diligence, Nexo will acquire up to 100% of the

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Bitcoin Recovers to Over K; Nomura Warns of US, UK Recession

Bitcoin Recovers to Over $19K; Nomura Warns of US, UK Recession

Leave a Comment / Bitcoin News / Forks Daily

Nomura warned of a recession in the eurozone, UK and Asia Pacific, which could influence crypto prices. Bitcoin extended its recovery to over $19,000 in European hours Monday after a weekend that saw major cryptocurrencies put up only moderate gains. Ether (ETH) rose 5% in the past 24 hours to trade above $1,100. Solana’s SOL and Cardano’s

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Are expiring copyrights the next goldmine for NFTs?

Another crypto lender Vauld pauses withdrawals as market crash takes its toll

Leave a Comment / Cryptocurrency / Forks Daily

KEY POINTS Crypto lender Vauld on Monday paused all withdrawals, trading and deposits on its platform and is exploring potential restructuring options, the company said. Vauld said it is facing “financial challenges” due to “volatile market conditions” which has led to customers withdrawing more than $197.7 million from the platform since June 12. Vauld is the latest

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Argentines Take Refuge in Stablecoins After Economy Minister Resignation

Leave a Comment / Stablecoins / Forks Daily

Major crypto exchanges reported that consumers purchased up to three times as many stablecoins over the weekend as they usually do amid a brewing economic crisis. Following the resignation Saturday of Argentina’s economy minister Martin Guzmán amid an economic crisis, Argentines purchased between two and three times as many stablecoins as they do on a

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Meta signals closure of Novi wallet after a 10-month pilot

Leave a Comment / Metaverse / Forks Daily

Meta’s wallet pilot Novi is set to end in September, with the announcement coming days after Mark Zuckerberg touts Meta Pay on Facebook. Meta’s first foray into the world of cryptocurrencies is set to end in September with the closure of its Novi wallet pilot project. Novi’s website landing page has been revamped to inform pilot users

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British Army’s Twitter and YouTube accounts hacked to promote cryptocurrency scams

Leave a Comment / Cryptocurrency / Forks Daily

KEY POINTS A hacker, or hackers, took over the Twitter and YouTube accounts of the British Army on Sunday. The army’s Twitter profile was altered to show images of fake NFTs and promote crypto giveaway schemes. Its YouTube account, meanwhile, aired livestreams with clips of Elon Musk and directed users to crypto scam websites. A

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EPC Blockchain among 16 Startups Selected to Join EY Incubator

Dubai Is Preparing to Take Its Government to the Metaverse

Nexo Signs Term Sheet With Vauld for Potential Acquisition

Bitcoin Recovers to Over $19K; Nomura Warns of US, UK Recession

Are expiring copyrights the next goldmine for NFTs?

Another crypto lender Vauld pauses withdrawals as market crash takes its toll

Argentines Take Refuge in Stablecoins After Economy Minister Resignation

Meta signals closure of Novi wallet after a 10-month pilot

British Army’s Twitter and YouTube accounts hacked to promote cryptocurrency scams

OpenSea Co-Founder Alex Atallah Sets to Leave Company by the End of July

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