Experts claim that although China is unlikely to decriminalize crypto in the short term, NFTs and blockchain still have a place in the Communist nation’s Metaverse longer-term.
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.
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.
What is a Yat and why are people paying $425K for emojis?
The creators say that 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 on the Ethereum blockchain as a NFT.
‘Comedic rapper’ charged over Bitfinex hack laundering out on bail
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.
Kpop 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.
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 its Super Bowl ad runs.
A quarter of people will spend 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.
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.
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.
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 while to go before it can reliably host a wedding with all the bells and whistles of the real world.
Aussie competition watchdog investigating Meta over crypto scam ads
The news comes only one day after billionaire Andrew “Twiggy” Forrest announced he would be mounting legal action against the social media giant.
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.
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 for a mainstream audience.
Aussie billionaire sues Facebook over crypto scams with AG’s consent
The Aussie businessman said that Facebook’s failure to remove the fraudulent ads featuring him and dozens of other high profile celebs was “criminally reckless.”
Kiss this: You can buy Gene Simmons’ Las Vegas mansion with crypto
The Israeli-American musician has been a long-time supporter of crypto, and says he will accept payments in a number of cryptocurrencies including BTC, ETH, and LTC for the sale of his $13.5 million Nevada mansion.
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.
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.
Yield Guild Games Raises $1.45M for Philippine Typhoon Relief
The relief fund has been used to purchase essential goods like medicines, power generators, and canned food for affected communities in the Philippines.
Tusk Ventures CEO: Don’t repeat social media mistakes with Metaverse regulations
Bradley Tusk says that the regulatory issues in the U.S. will not only be replicated but amplified as we see the internet move towards the Metaverse.