Blackrock, Citadel, Gemini Deny Involvement in Terra Collapse
The world’s largest asset manager, Blackrock, and hedge fund giant Citadel Securities have denied claims that they had a role in the fall of terrausd (UST) and terra (LUNA). In addition, crypto exchange Gemini has denied making a bitcoin loan that resulted in the terra collapse. Blackrock, Citadel Securities, Gemini Deny Rumors Following the collapse […]
Report: Tanzania Closer to Launching a CBDC
Tanzania is getting closer to launching a central bank digital currency (CBDC) which gives the country’s residents a “safe alternative,” the central bank governor has said. However, no date for the digital currency launch has been given. Growing Interest in Cryptocurrencies According to Florens Luoga, the governor of Tanzania’s central bank, his country is inching […]
The Sandbox Hooks Up with Star Atlas for Epic Design Contest
Premier virtual world, The Sandbox, has joined forces with epic space faring metaverse, Star Atlas. Together launching an incredible design contest with 50k $SAND tokens and a host of excellent spaceships up for grabs. To get in on the action, participants must jump into The Sandbox’ VoxEdit suite and get creative. Therein, designing and building […]
Overly Integrates OpenSea for Simplified AR NFT Experiences
Out-of-the-box augmented reality (AR) platform, Overly, has announced integration with the world’s biggest NFT platform, OpenSea. Now, NFT enthusiasts can hook their treasured collectibles up to the Overly app and have them interact with their real-world surroundings. Overly has set itself the noble mission of taking the complexities out of the AR experience. Therefore, offering […]
What’s on Guide to the Metaverse – May 13th-May 15th, 2022
Happy Thursday NFT fam! We hope you have all had a great week so far. It’s time to celebrate the weekend in NFT style. So, without further ado, below are this weekend’s metaverse NFT events highlights in Decentraland and Cryptovoxels. Undertones with DJ Gucci Toe – Presented by Dollhouse When: Friday, May 13 at 1:00AM […]
Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions
Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions. Bitriver Rejects US Accusations as Unfounded, Sees No Legal Ground for Sanctions Leading Russian […]
Masterminds Behind South African Bitcoin Ponzi Scheme Told to Pay Back Over $291 Million
Masterminds of one of South Africa’s biggest bitcoin Ponzi schemes, Mirror Trading International (MTI), have been asked by the scheme’s liquidators to pay back over $291 million to cover the scam operation’s debts. Liquidators’ Influence Liquidators of the South African bitcoin Ponzi scheme, Mirror Trading International (MTI), have issued summonses against eighteen individuals believed to […]
Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank of India (RBI), says CEO Brian Armstrong. Coinbase Shares Experience in India Coinbase Global provided an update on its Indian operation during the company’s earnings […]
Shanghai High Court Declares Bitcoin Virtual Asset With Economic Value Protected by Chinese Law
The Shanghai High People’s Court has declared bitcoin to be a virtual asset protected by Chinese law. The court notes that the cryptocurrency has economic value. Bitcoin Is Property Protected by Law in China The Shanghai High People’s Court has declared that bitcoin qualifies as a virtual asset protected by Chinese law despite the ban […]
‘Dr. Doom’ Nouriel Roubini to Launch Tokenized Dollar Replacement — With Payment and ESG Features
Economist Nouriel Roubini, a crypto skeptic known as “Dr. Doom,” is developing a tokenized asset intended to be a more resilient U.S. dollar. “Our goal is to create a global store of value … This is something akin to a substitute for Treasuries, or a digital asset that has payment features in it.” Nouriel Roubini’s […]
