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Archive for July 2022

Singaporean Authorities To Hold Court Cases And Marriages In Metaverse

The digital space is creating more impressive output recently in different areas of life, with the introduction of metaverse, more people believe in the possibility of getting the digital form of real-life. The metaverse is gradually making its waves with diverse applications in the virtual space. It’s becoming quite intriguing how you can get the…

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Ethereum 2.0 Locked ETH Is Holding $15 Billion In Losses

Data shows the Ethereum supply locked in the ETH 2.0 staking contract was holding unrealized losses amounting to almost $15 billion just a few days back. Realized Price Of ETH 2.0 Deposits 44% More Than Normal Supply As per a special report released by Glassnode and CoinMarketCap, the Ethereum locked into the 2.0 contract is…

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Nakamoto Games’ NAKAVERSE to Redefine Blockchain-Based Gaming and GameFi for the Play-to-Earn Industry

Nakamoto Games, the world’s leading play-to-earn gaming ecosystem, has relentlessly continued the build-out of its platform and social communities while expanding its cross-platform integrations and user services as part of laying the groundwork for the NAKAVERSE – the $NAKA-powered metaverse of the future. Within six short months of going live on the mainnet, Nakamoto Games…

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These Senators Want To Know Why Fidelity Is Offering Bitcoin Retirement Plans

A group of U.S. Senator addressed a letter to Abigail Johnson, CEO of investment firm Fidelity, regarding its Bitcoin retirement plans. The document was signed by Senators Elizabeth Warren, Richard Durbin, and Tina Smith. Related Reading | Crypto Futures Market Sees $400m Flushed As Bitcoin Breaks $23k The investment firm launched its Bitcoin-based 401 (k) plans…

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Meta Sheds $2.8 Billion In Virtual Reality Division This Q2 – More Losses Ahead?

The performance of Meta Platforms during the second quarter of this year was not merely disappointing for Facebook. It is the first time the social media giant has experienced a massive drop in annual income. The company reported on Thursday that its segment, called Reality Labs, which focuses on the metaverse experienced quarterly losses of $2.81 billion.…

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ViaBTC Capital|Can Web 3.0 Social Media Platforms Copy the Success of Their Web 2.0 Predecessors?

I. The flaws of centralized social media platforms & the problems can be solved by their decentralized counterparts Today we use social media applications such as WeChat, Discord, Twitter, and Facebook to transcend spatial/temporal limits and communicate with others, thereby minimizing the time needed for communication or social interaction. However, such centralized social media platforms…

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XRP Just Won Their Right To Keep The Amici Status

XRP has won their right to retain their Amici status, this is a major relief to XRP holders. Judge Torres has denied SEC’s motion to revoke the amici status. Apart from that, Judge Torres has also barred attorney John E Deaton from further proceedings. According to the letter, “Amici can’t participate in the expert challenge…

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F1 Teams Remove Crypto Ads Following France’s Advertising Laws

RacingNews365’s reported on July 26 that because of France’s advertising laws, numerous Formula One teams were required to conceal or remove decals showing branding by crypto-related companies during the French Grand Prix weekend. One of the countries that adopt cryptocurrencies most quickly is France. According to triple-A research, there are presently 3.4 million cryptocurrency owners in France or…

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Nakamoto Games’ NAKAVERSE to Redefine Blockchain-Based Gaming and GameFi for the Play-to-Earn Industry

Nakamoto Games, the world’s leading play-to-earn gaming ecosystem, has relentlessly continued the build-out of its platform and social communities while expanding its cross-platform integrations and user services as part of laying the groundwork for the NAKAVERSE – the $NAKA-powered metaverse of the future. Within six short months of going live on the mainnet, Nakamoto Games…

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