Terra co-founder Daniel Shin’s arrest denied by court, citing low flight risk
1.4.2023
Shin currently faces multiple fraud charges, specifically concerning allegedly hiding risks associated with investing in the in-house tokens by Terraform Labs
‘AI Tools Will Provide Very Interesting Enhancements for the Metaverse’ — Upland Co-Founder
1.4.2023
According to Dirk Lueth, co-founder of the Upland Metaverse, the colonization of the metaverse by tech giants and the building of so-called “walled garden systems” is not sustainable. Lueth argues that instead of “locking users in,” the metaverse should usher in “a...
Bitcoin Price and Ethereum Prediction: Will BTC and ETH Break Free from the Weekend Blues?
1.4.2023
As Bitcoin and Ethereum continue dominating the cryptocurrency market, traders and investors are closely watching their price movements. Over the weekend, both Bitcoin and Ethereum have been trading within a narrow range, causing some concern among traders.
As we head into the new week,...
South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin
1.4.2023
A court in South Korea has again denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who is being investigated for fraud. Shin has been accused of illegally profiting from the sale of over $100 million worth of the luna cryptocurrency before it collapsed. Seoul Court Leaves...
El Salvador removes all taxes related to tech innovation for economic growth
1.4.2023
Technology innovations such as software programming, coding, apps and AI development, and computing and communications hardware manufacturing will be exempted from taxes in El Salvador
Elon Musk requests dismissal of $258B Dogecoin lawsuit: Report
1.4.2023
Investors pointed to Musk’s portrayal of "a fictitious financial expert" during a Saturday Night Live appearance, referring to Dogecoin as “a hustle,” as a reference point in the lawsuit
Disney Reportedly Axing Metaverse Division Amidst Company Restructuring
1.4.2023
The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storytelling and consumer-experience unit, comprised...
Terra’s branding at MLB opener draws attention from spectators
1.4.2023
An attendee shared an image of a Terra banner at Washington National Park with the slogan "a decentralized economy needs decentralized money."
Matt Damon Shares Story Behind His Crypto Commercial
1.4.2023
Famous Hollywood actor Matt Damon has revealed the story of how he became involved in creating a cryptocurrency commercial called “Fortune Favors the Brave” with Crypto.com. After the release of the crypto ad, Damon faced global criticism for his involvement in it. Matt Damon Talks...
Ripple CEO Slams SEC Chair Gensler for Dictating Which Crypto Tokens Are Securities
1.4.2023
Ripple CEO Brad Garlinghouse has slammed Securities and Exchange Commission (SEC) Chairman Gary Gensler for claiming that he has the authority to determine which crypto tokens are securities, rather than relying on the legislation that governs his agency’s power. “It’s time...
ZeroSync and Blockstream to Broadcast Bitcoin Zero-Knowledge Proofs From Space
1.4.2023
The two partners say using zero-knowledge proofs will allow Bitcoin nodes to sync quickly from anywhere on earth, “even without Internet.”
Over 7,000 Players Successfully Converged in Yuga Labs' Otherside Metaverse 'Second Trip'
1.4.2023
Thousands of NFT holders joined the gamified experience last weekend, showing glimpses of what’s to come from the virtual world launching later this year