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South Korean Kookmin Bank to Launch the First Crypto Fund

South Korean Kookmin Bank to Launch the First Crypto Fund

Leave a Comment / Cryptocurrency /

Kookmin Bank, the largest banking financial institution in South Korea, has announced its plans to launch the nation’s first crypto fund, a move targeted at retail investors. According to the announcement from the bank, a Digital Asset Management Committee has been established to oversee the launch of an Exchange Traded Fund (ETF) product right after the regulatory laws […]

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Venezuela Might Have Cryptocurrency ATMs Again Soon

Venezuela Might Have Cryptocurrency ATMs Again Soon

Leave a Comment / Bitcoin News /

While Venezuela has been a leading country for cryptocurrency adoption in Latam, its citizens don’t have access to cryptocurrency ATMs. However, this might change in the future, as Bitbase, a crypto ATM company, is currently in talks with Venezuelan authorities and banks to install some of its machines and stores in the country. Bitbase in

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‘We need a miracle’: Anxious Ukrainians await Putin’s next move

‘We need a miracle’: Anxious Ukrainians await Putin’s next move

Leave a Comment / Global News /

KEY POINTS Millions of Ukrainians saw their lives plunged into uncertainty as troops rolled into eastern Ukraine in the early hours of Tuesday morning, following orders from Russian President Vladimir Putin. Now, the critical question is whether Putin will stop at the eastern regions of Luhansk and Donetsk, or push on to take more of Ukraine and even

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SAND Token, Below 200-Day MA, Joins Broader Crypto Market in Gloomy Outlook

SAND Token, Below 200-Day MA, Joins Broader Crypto Market in Gloomy Outlook

Leave a Comment / Crypto Market, Metaverse /

SAND has dropped below the 200-day average for the first time since July. SAND, the native token of the Ethereum-based virtual-reality platform The Sandbox, has caught up with the rest of the crypto market after weeks of resisting the downward pull. The cryptocurrency dipped below the widely tracked 200-day moving average (MA) early Tuesday, joining

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Canadian Authorities Pursue Coinbase And Kraken CEOs For Critical Tweets

Canadian Authorities Pursue Coinbase And Kraken CEOs For Critical Tweets

Leave a Comment / Bitcoin News, Regulation /

The Ontario Securities Commission has reported Kraken CEO Jesse Powell and Coinbase CEO Brian Armstrong to law enforcement agencies for voicing their opposition against the Canadian government’s Emergencies Act. Powell and Armstrong under investigation In response to the Freedom Convoy protests, Canadian Prime Minister Justin Trudeau invoked the Emergencies Act for the first time since

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Pro-Bitcoin president of El Salvador to offer citizenship for foreign investors

Pro-Bitcoin president of El Salvador to offer citizenship for foreign investors

Leave a Comment / Bitcoin News, Regulation /

The 52 proposed legal reforms call for less bureaucracy, less red tape and creating tax incentives to make El Salvador one of the most freedom-centric countries. Salvadoran President Nayib Bukele wants to offer citizenship to those who invest in the small Central American nation. President Bukele took to Twitter to inform the crypto community on

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NFTs to be Instrumental for Fashion Industry in the Metaverse, GlobalData Analyst Says

NFTs to be Instrumental for Fashion Industry in the Metaverse, GlobalData Analyst Says

Leave a Comment / New launches, NFTs /

With non-fungible tokens (NFTs) continuously taking the world by storm, these digital assets are perfect for fashion in the metaverse, according to Amrit Dhami, a thematic analyst at GlobalData. She noted: “While there is significant uncertainty about what the metaverse will look like, we do know that it will be populated by avatars. Gamers already pay substantial

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Meta’s Horizon Worlds Userbase Grows Tenfold in Three Months

Meta’s Horizon Worlds Userbase Grows Tenfold in Three Months

Leave a Comment / Metaverse /

Horizon Worlds, one of the flagship metaverse apps that Meta has released, has reached a monthly userbase of 300K users on its platform. Meta’s executives announced this milestone in a virtual all-hands update last week. The company also announced recently that more than 10,000 worlds had been created on its platform, a sign of the

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