Experts claim that although China is unlikely to decriminalize crypto soon, NFTs and blockchain still have a place in its Metaverse.
Keira Wright
Wright is passionate about making the crypto field more accessible by bringing diverse voices to the space. She’s previously worked as a reporter in Australia and Indonesia, for companies including Reuters and Ticker NEWS and has a degree in Professional Communication, specializing in journalism and inфternational politics.
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China's Metaverse plans: Decentralization not required - News
UN approves NFT standards initiative led by Tencent Chinese entertainment giant Tencent will be collaborating on the project with a number of others, including Alibaba subsidiary Ant Group.
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Tech troubles as Samsung debuts Galaxy S22 phones at metaverse event Despite complaints of technical difficulties, attendees said that they were pleased with the South Korean electronics company’s willingness to embrace burgeoning technology and focus on sustainability.
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What is a Yat and why are people paying $425K for emojis? In Web3, your Yat will not only be a universal digital identifier but it can be used as a URL, wallet address and can be minted as an NFT.
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Meet the ‘comedic rapper’ charged over Bitfinex hack laundering Heather Morgan, who goes by the rap name “Razzlekhan,” is a self-proclaimed serial entrepreneur and prolific writer — and she’s been charged with money laundering and conspiracy in relation to the 2016 Bitfinex hack.
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K-pop NFTs: Binance and YG partnership will prioritize sustainability The two companies said that creating eco-friendly NFTs will be one of the primary concerns for future collabs.
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Crypto exchange FTX.US to give away Bitcoin as part of Super Bowl ad The amount of Bitcoin FTX.US gives is yet to be determined, and will be based on the East Coast time at which its Super Bowl ad runs.
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A quarter of people will have spent time in the metaverse by 2026: Research The report also estimated that 30% of the organizations in the world will have products and services in the metaverse by 2026, with brands already gearing up to stake their claims in the digital world.
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Protesters migrate to crypto fundraising platform following GoFundMe ban GoFundMe axed the “Freedom Convoy Campaign” after some protesters became violent, so organizers turned to the Bitcoin fundraising platform Tallycoin instead.
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BuzzFeed backlash after ‘doxxing’ of Bored Ape Yacht Club founders Should Web3 billionaires be able to avoid public scrutiny under the guise of a pseudonym? With no clear answer, the community has lashed out at Buzzfeed for publishing the true identity of the pair behind the BAYC NFT collection.
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Meta-marriage: Decentraland hosts first metaverse wedding The Arizona couple’s big day didn’t quite go to plan, showing that the metaverse still has a ways to go before it can reliably host a wedding with all the bells and whistles of the real world.
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Aussie competition watchdog investigating Meta over crypto scam ads The news comes one day after billionaire Andrew “Twiggy” Forrest announced he would be mounting legal action against the social media giant.
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Fed and MIT's CBDC research: Distributed ledger tech has ‘downsides’ The researchers published results from “Project Hamilton,” which was first announced in 2020 to explore the use of existing and new tech to build and test a hypothetical CBDC platform.
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Grammy-winner John Legend launches new music and art NFT platform The CEO of the new NFT platform says that it won’t require users to have a crypto wallet, and will prioritize ease of access.
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Aussie billionaire sues Facebook over crypto scams with AG's consent The Aussie said Facebook’s failure to remove the fraudulent ads featuring him and other high-profile celebs was “criminally reckless.”
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Kiss this: You can buy Gene Simmons’ Las Vegas mansion with crypto The musician will accept payments in a number of cryptocurrencies including BTC, ETH, and LTC for his $13.5 million Nevada mansion.
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Jack Dorsey: Diem was a waste of time, Meta should’ve focused on BTC Dorsey said that although Facebook probably started Diem for “the right reasons,” it should’ve used an open-ended protocol like Bitcoin rather than attempting to create its own currency.
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Bitcoin network transaction volume surpasses American Express: Research A recent NYDIG report found that Bitcoin had settled more transaction volume in Q1 2021 than “all credit card networks combined for the entire year” when including intra-network transactions.
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Yield Guild Games raises $1.45M for Philippine typhoon relief The relief fund has been used to purchase essential goods such as medicines, power generators and canned food for affected communities in the Philippines.
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Tusk Ventures CEO: Don't repeat social media mistakes with Metaverse regulations Bradley Tusk says that U.S. regulatory issues will not only be replicated but amplified as we see the internet move towards the Metaverse.
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Singapore firm uses blockchain to battle counterfeit COVID-19 jabs Zuellig Pharma’s eZTracker platform is using the SAP blockchain to track and verify COVID-19 vaccinations.
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Internet Computer plans to roll out BTC and ETH integrations by end of Q1 The slated integrations with BTC and ETH would displace the need to use a bridge, which can open the network up to malicious actors.
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First DEX on Internet Computer launches, others coming soon Dfinity Foundation’s Internet Computer blockchain has welcomed its first decentralized exchange named Sonic.
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Doge Temple creator says the Metaverse is out, the Microverse is in Niche “Microverse experiences” are the future of the Metaverse, according to the CEO of virtual party platform Party.Space Yurii Filipchuk.
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Ban less likely? Putin says crypto mining has its advantages in Russia Putin says that a surplus of electricity and well-trained personnel give Russia a “competitive advantage” in crypto mining.
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Ex-Goldman Sachs banker launches crypto app after $33M raise Adam Dell, brother of the billionaire Michael Dell, has pinched an impressive team to help get the project started.
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Zuckerberg's Diem reportedly weighing sale after stablecoin plans falter It looks like Meta is planning to jump ship, with inside sources saying that the crypto initiative is trying to sell its assets.
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Paris Hilton says that the metaverse will be the ‘future of partying’ The pop-culture princess gifted everyone in the audience at ‘The Tonight Show’ with an NFT from her new upcoming collection with Superplastic.
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Bank of America says stablecoin adoption and CBDC is ‘inevitable’ A recent note from Bank of America analysts said that a CBDC would differ from digital currencies currently available because it would be the liability of the Fed, not a commercial bank.
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Meta unveils metaverse AI supercomputer, claims it will be world’s fastest The social media giant said that the “AI Research SuperCluster” supercomputer is already operational, and it expects it will be fully completed around the middle of the year.