Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan Crackdown
Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies in the republic, considered one of Russia’s capitals of underground coin minting, carry out regular raids against such facilities. Cryptocurrency Miners in Dagestan Accused of ‘Illegal Entrepreneurship’ Officers from the Ministry of Internal […]
Decentraland for Fashion Lovers: What to Explore and Shop
Decentraland’s first-ever Metaverse Fashion Week put virtual fashion and beauty brands in the spotlight. Traditional retail giants joining the virtual space created such a buzz that every fashion lover now knows what Decentraland is and how to go there. During the Metaverse Fashion Week various brands and creators joined the main venue to showcase their […]
Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy
The effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things have changed a great deal following Terra’s aftermath, as the total value locked (TVL) in defi has plummeted from $231 billion to today’s $112.29 billion, losing 51.38% in 42 days. Defi TVL Plunges More Than […]
Terra’s Big Backers, Shanghai Court Declares Bitcoin Property, BTC Obituaries, and Triple Top Hopes — Bitcoin.com News Week in Review
With the nightmare nosedive of Terra’s LUNA and UST, the Shanghai High People’s Court declaring that bitcoin is virtual property protected by Chinese law, a surge in Bitcoin Obituaries, and some hoping for a rare triple top to appear for BCT, the past week has been full of shock, questions, speculation, and broader market resilience […]
Top Video Game Artists Adopt NFTs to Help Ukraine, Collection to Release on Official MetaHistory Museum
Since the outbroke of the Russian-Ukrainian war, many celebrities, social activities, and visual artists joined the league of supporting Ukraine by cryptocurrency and NFT artworks. And the trend just doesn’t stop. Now, a group of top-notch artists bring the support and devotion to a brand-new level with long-lasting impact – the avatar NFT series. The […]
Report: Central African Banking Regulator Says Crypto Ban Still Effective
An African regulator has told members of the six-nation Economic and Monetary Community of Central Africa (CEMAC) that a ban on cryptocurrencies is still effective. The regulator said the prohibition is designed to ensure financial stability is maintained within the economic bloc. COBAC to Set Up System to Identify Crypto Transactions An African regulator, the […]
Meta Game Hub Launches Handy Metaverse Land Appraisal Tool
The smart folk over at Meta Game Hub (MGH) have launched the latest version of their handy metaverse land appraisal tool, allowing would-be real estate traders to quickly and easily assess that potential acquisition. This latest iteration allows users to gauge virtual real-estate on both Decentraland and The Sandbox, enabling collectors to search both on […]
Flow Launches $725 Million Developer Fund to Boost Competitiveness
In a venture described by the company as the largest joint fund made for any blockchain, Flow has launched a $725 million fund to support the performance and pull of its ecosystem. The fund will primarily focus on building Web3 regions such as gaming, infrastructure, DeFi and content creator products. To develop these areas of […]
Seaside Resort in Slovenia Promotes Itself With NFTs
The tourism organization in Portorož, a summer resort on the Adriatic coast of Slovenia, has decided to promote the destination using non-fungible tokens (NFTs). The project represents the digital component of this year’s campaign to attract visitors to the region. Tourists in Portorož to Collect NFTs and Win Prizes Shortly after the Slovenian Tourist Board […]
Nigerian SEC Announces New Rules Governing Issuance of Digital Assets
The Nigerian securities regulator has announced new rules that govern the issuing of digital assets. The new rules also include registration requirements for platforms that offer digital assets. Initial Assessment Filing The Nigerian Securities and Exchange Commission (SEC) has announced new rules that govern the issuing of digital assets as securities. The regulations also include […]
