3AC Founders' OPNX Fined $2.7M by Dubai Crypto Regulator

The exchange was formally reprimanded by the Virtual Assets Regulatory Authority (VARA) in May.

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Hong Kong securities regulator warns unlicensed virtual asset trading platforms may face steep fines, imprisonment

The Hong Kong Securities and Futures Commission (SFC) issued a warning on Monday, Aug. 7, to virtual asset trading platforms (VATPs) involved in what it practices, emphasizing the potential legal and regulatory consequences.

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Gate Group launches new virtual asset trading platform in Hong Kong

As of May 23, users can deposit and withdraw virtual assets and participate in spot trading activities.

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Hong Kong SFC eases requirements as exchanges face crypto talent crunch

Hong Kong is gearing up to usher in a new regime for virtual asset regulation. The Securities and Futures Commission (SFC) published the conclusions from its weeks-long consultation on regulatory guidelines for crypto platforms on May 23.

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Bitget Receives Polish Regulatory Licence as Fifth-Largest Exchange Moves Further into EU

Cryptocurrency exchange Bitget confirmed its registration as a Virtual Asset Service Provider (VASP) in Poland on May 23, granting Bitget the legal right to conduct operations within the Polish cryptocurrency...

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Crypto advocacy group criticizes UK Treasury Committee recommendation to regulate crypto like gambling

A crypto advocacy group has criticized the U. K. Parliament Treasury Select Committee’s recommendation to regulate cryptocurrency trading as gambling. Treasury Select Committee lampoons crypto In a report published on May 17, the Committee urged the government to stop wasting taxpayers’ funds on innovations such as virtual assets until it shows their benefits.

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Join the Conversation at FinTech LIVE New York 2023

Brought to you by BizClik, FinTech LIVE New York is held on May 3, 2023, streaming remotely to virtual audiences around the world.   Featuring keynote speakers, interactive fireside and panel discussions, this exclusive 1-day virtual event is an essential deep dive into issues impacting the future of Fintech, Insurtech and Crypto.

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Babydogeswap to launch virtual crypto card

Babydogeswap's new virtual crypto card allows for seamless global transactions using Babydoge and other cryptocurrencies. Launching May 4th.

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This Week in Crypto: VPN Users Face Jail?, Ripple XRP Skyrockets, and Bye-Bye Beaxy

Crypto news: We bring you a roundup of what’s been happening in crypto this week. And the biggest news event of the week came in the form of a bill presented to Congress which may have grave implications for virtual private network (VPN) users.

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Analyzing Q1 Metaverse NFT report card; Otherdeed saw 200% increase in...

Otherdeed saw over a 200% increase in virtual land sales in Q1 of 2023. Metaverse NFTs witnessed more sales in the Q1 of 2023 compared to 2022. As much as you may have wished the conversatioThe post Analyzing Q1 Metaverse NFT report card; Otherdeed saw 200% increase in... appeared first on AMBCrypto.

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TRON: Will these developments propel TRX's trend reversal? Analyzing...

Justin Sun mentioned that TRON may be seen as a valuable virtual asset for development in Hong Kong. TRX’s price registered a decline, but a few metrics and market indicators suggested a trenThe post TRON: Will these developments propel TRX's trend reversal? Analyzing... appeared first on AMBCrypto.

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EU Metaverse Policy Should Consider Discrimination, Safety, Data Controls: Commission Official

The European Commission plans to set out its policy on virtual worlds in May.

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Irish Distillers Make Bold Move Into The Metaverse

Fancy buying a virtual whiskey in the metaverse? You may soon get the chance as Irish Distillers recently applied for US trademarks for Jameson whiskey in relation to the metaverse and NFTs. As per the patent filing, the company is exploring the use of virtual bars and drinks, virtual merchandise, NFT stores and online marketplaces.

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Steph Curry Files ‘Curryverse’ Metaverse Trademark

The NBA star may be taking his basketball talents to the metaverse with NFT services offered in “virtual environments.”

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How Many Active Users Does Decentraland Really Have?

Recent data from DappRadar suggests that the Ethereum-based virtual world Decentraland may not have as many active users as its high valuation would suggest. The post How Many Active Users Does Decentraland Really Have? appeared first on NFT News Today.

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Ethereum’s Merge Triggers Confusion Over Tax Status In The UK: Here’s How

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UAE Economy Ministry Sets Up The First Metaverse Office Setup in Dubai

The UAE Ministry of Economy has unveiled the launch of its new address, which may be 'visited' from any part of the globe because it is housed within the virtual world.

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New XR-Land Metaverse Imversed Embraces Mixed-Reality Life

Augmented and virtual reality technology will start drastically altering daily lives, and it’s not as far away as one may think. The first ever XR-Land...

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Binance identifies KyberSwap hack suspects, involves law enforcement

Based on an independent investigation, Binance’s security team identified two suspects that may be responsible for orchestrating the virtual heist of $265,000 on KyberSwap.

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Mark Zuckerberg on the Metaverse

Mark Zuckerberg believes that more than a billion people may become part of the metaverse in the coming years. More people on the metaverse means more spending. According to Zuckerberg, the right approach to diving into the virtual realm is to have a long-term position.

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Bitcoin of America increases ATMs across the U.S. by more than 30%

Virtual currency exchange company Bitcoin of America has increased its number of ATMs by more than 30% since May. The post Bitcoin of America increases ATMs across the U.S. by more than 30% appeared first on CryptoSlate.

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Cardano Metaverse Project Cardalonia Releases Staking Platform Allowing Passive Income For $LONIA Holders

User playable NFT clans are expected to be launched by late 2022 for Cardalonia Blockchain, a Cardano Metaverse project that has announced its Staking platform’s debut. Cardano’s virtual world players may develop, own, and modify their Metaverse experiences on the Cardano Blockchain when the Cardalonia platform is fully deployed. It is now possible to stake […]

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South Korea Plans to Establish a Watchdog over Virtual Assets and Crypto in June

South Korean supervisory authority on crypto and virtual assets may appear by June

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The Blockchain Wave conference was held for the first time in the Metavibes metaverse

The traditional Turkish crypto conference Blockchain Wave was again held in Antalya on May 18 with the support of Gear Technologies. The main innovation was the opportunity to participate also in the Metavibes metaverse, where guests could visit a virtual exhibition of booths and watch speakers perform on stage thanks to a special 360-degree camera.

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Metaverse GigaSpace Forms Strategic Partnership with UCOLLEX

The Animoca Brands backed NFT platform will join “Project Spaceport” to bring more brands & IPs to Web3 Metaverse HONG KONG, May 23, 2022 – (ACN Newswire) – Virtual...

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The First Virtual WASM Conference: A 1-Day Virtual Event Dedicated to the Polkadot Smart Contracts

The First Virtual WASM Conference will be held on May 31st, 2022. Free registration: https://wasm-conference. com. 1500+ attendees will be at this virtual event, the registration is free. The conference is pioneered by Supercolony venture studio and supported by Polkadot Treasury.

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To the Moon: CoinMarketCap to Host Metaverse Conference in Virtual Moon Base

CoinMarketCap will hold its first-ever virtual conference in the Metaverse this May. Metaverse Meetup CoinMarketCap’s annual The Capital conference is going virtual, taking place this year inside the Metaverse. The...

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Fearless Girl creator Kristen Visbal unveils NFT collection

Kristen Visbal, creator of the iconic Fearless Girl bronze statue in the Wall Street section of New York City, today announced the launch of an NFT collection with the first drop on May 10th. The launch marks the first virtual rendering of the sculpture, a work symbolizing gender equality which has inspired millions.

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Gatorade trademark applications hint at joining the metaverse

Should Gatorade go meta, it may join a number of major food and drink brands exploring virtual offerings, including Coca-Cola, McDonald’s and Anheuser-Busch.

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Top 3 Metaverse Crypto Coins With a Market Cap Below $200 Million to Watch in May 2022

It may be hard for those interested in Metaverse crypto coins to figure out which projects are worth it. There are hundreds of Metaverse crypto coins on the market, each offering a unique take on the virtual revolution.

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Explore Phemex Universe and Win NFTs! Navigate the Future of Blockchain With Singapore’s Top Cryptocurrency Exchange

When asked about what the future looks like, many people may mention sci-fi dystopian movies such as “The Matrix” or “Ready Player One.” As NFTs and the metaverse in the crypto space make these possible, Phemex is ready to go all-in into a futuristic vision that blurs the distinction between reality and virtual worlds. Phemex […]

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Meta may introduce tokens and digital currency lending services to apps: Report

The virtual currency, which employees have reportedly dubbed ‘Zuck Bucks’, will be aimed at use in the metaverse.

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Metaverse May Be Worth $13 Trillion By 2030, US Banking Giant Citi Says

Citi is the latest banking behemoth to give an optimistic forecast for the metaverse, which envisions the internet’s future as a collection of decentralized technology and virtual environments.

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В Citibank оценили рынок метавселенных в $13 трлн к 2030 году

Аналитики крупнейшего международного банка Citibank в новом отчете спрогнозировали рост экономики метавселенных до $13 трлн к 2030 году. We believe the Metaverse may be the next generation of the internet - combining the physical and digital world in a persistent and immersive manner - and not purely a Virtual Reality world.

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Amex trademark filings suggest possible entry to the metaverse

The major credit card company may be readying to provide “virtual concierge services” related to credit card transactions “in the metaverse and other virtual worlds.”

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How RFOX Is Building the Future of VRR-Powered Retail

Virtual reality (VR) is a computer-generated, three-dimensional depiction of a digital environment at its most basic level. The beauty of VR is that it may be any environment or simulation we want it to be, and we can be “in” it, engaging in a variety of ways, having multisensory experiences, and even doing things that defy logic.

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Metaverse Real Estate: Why Are Real Estate Investors Obsessed With Virtual Lands?

The “virtual universe,” fueled by bitcoin, is unquestionably the trendiest enticement for investors trying to acquire metaverse real estate. Virtual worlds are envisioned as locations where anyone may visit and socialize with their friends via a monitor or virtual reality headset.

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Google Cloud to detect crypto-mining malware on virtual machines

Bad actors using malware to steal GPU power to mine crypto may have to up their game to deal with Google Cloud's latest security protocol.

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The Novatar Provides Distinct and Rare Virtual and Meta Identity

The Metaverse is a virtual world where people may share their experiences and communicate in real-time in simulated environments. It can potentially change the way people work, shop, communicate, and consume information.

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Top Crypto Asset Ownership Conflicts of 2021, and What We Can Learn from Them

Asset ownership can be quite problematic, especially in the fast-evolving gaming industry. Ecosystem participants may question whether ownership of such assets is truly decentralized and whether the holders of these virtual items actually own them.

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What to expect from Satoru Inu shortly?

SatoSamurai is a Play2Earn game (IOS, Android, Windows) with unique characters that you may upgrade. It’s a competitive and casual game, where you fight and earn $SATO creating your MySamurai and upgrading his skills! During the gameplay, you explore the SatoVerse and meet friends in Virtual Reality! Advantages: Next saitama potential  SatoVPN – Undisputed Security, […] Сообщение What to expect from Satoru Inu shortly? появились сначала на Coinstelegram.

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Nike trademark applications and job postings hint at joining the metaverse

Unlike reported issues with the company's physical shoe supply, virtual sneakers may not be limited by real world problems stemming from the pandemic.

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HeroVerse is Revolutionising How People Play Blockchain Games

When we hear about revolutionization, we may think of public policy, trade agreements, immigration, and big business. But oftentimes, the connectivity of the world isn’t happening in board rooms – but in virtual environments accessed from across the world.

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China Unveils Plans For H2 2021 — Crypto Witch Hunt May Be Coming To An End

The People’s Bank of China has stated that its crackdown on virtual currencies has been achieved and is now under normalized supervision. The mission for the remaining months of the year is to “maintain” the status quo which is a hint that the sector may not see any major regulatory actions in the near future. […]

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Decentraland (MANA) price analysis: is now a good time to buy this cryptocurrency?

Decentraland MANA/USD remains under pressure; the price of this cryptocurrency fell from $1. 61 to $0. 37 since 7th May 2021, and the current price stands around $0. 65. Fundamental analysis: Sotheby’s opened a virtual gallery in Decentraland Decentraland is an Ethereum-based blockchain platform that allows you to buy, build and monetize virtual reality applications.

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PBOC Issues a Warning Against Providing Advertising and Marketing Services to Crypto Businesses

The Central Bank of China canceled a Beijing company that provides software services for virtual currency transactions and closed its website as no institution may provide services to companies dealing with cryptocurrencies.

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Mexico Reiterates its Crypto Warning, says Financial Institutions Are Not Authorized to Deal with Virtual Assets

This warning came after Mexico billionaire Ricardo Salinas Pliego endorsed Bitcoin, saying his banking business Banco Azteca may begin using BTC and become the first bank in the country to start accepting the cryptocurrency.

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Bitcoin Price Dip Necessary to Weed Out ‘Paper Hands,’ Says Meltem Demirors

CoinShares chief strategy officer Meltem Demirors has reaffirmed her confidence in the long-term value proposition of Bitcoin and cryptocurrencies. Virtual currency token prices plummeted over the last few days with altcoins shedding as much as 72 percent from their April/May highs.

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Texas Banking Department says Chartered Banks are Allowed to Provide Virtual Currency Custody Services

“Texas leads the way,” said Texas Blockchain Council as it noted that the Texas Department of Banking has issued a notice saying that chartered banks in the state may provide customers with virtual currency custody services, as long as they have adequate protocols in place to effectively manage risks.

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