Study: Today’s Metaverse Still Not Suited for Remote Work
21.6.2022
A study released earlier this month has found that working in the metaverse with the tools available today might decrease the productivity of employees, and also increase their frustration and anxiety related to remote work. 11% of the participants in the study felt so much discomfort that they...
European Crypto Unicorn Bitpanda Is Now Regulated in Spain
21.6.2022
The cryptocurrency exchange is also registered with regulators in Austria, France, Italy and Sweden
Law Decoded, June 13–20: Celsius exodus and liquidity crisis
21.6.2022
American platform became the first one to freeze the withdrawal operations, but might not be the last
BTC Markets becomes first Australian crypto firm to get a financial services license
21.6.2022
While the license isn’t currently needed for crypto companies in Australia, BTC Markets says it is preparing the exchange for upcoming regulations, which may help it gain other complementary certifications
USDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged
21.6.2022
Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per unit and the day prior on June 19, USDD saw an all-time low at $0.928 per unit. Despite being below the U.S. dollar parity,...
Crypto lending platform Babel Finance reaches counterparty debt agreement
21.6.2022
The firm emphasized that it will “actively fulfill its legal responsibilities to customers and strive to avoid further transmission and diffusion of liquidity risks.”
BOSO TOKYO Looks to Bring Japanese Culture to the World via Innovative Use of Metaverse Capabilities
21.6.2022
Everyone would agree that the DeFi industry is absolutely booming right now, and for good reason. After all, there is an abundance of technological innovation right now through aspects such as cryptocurrencies, NFTs, P2E games, blockchain, and most recently the metaverse. With that being said,...
Crypto winter freezes sports sponsorships for digital asset firms
21.6.2022
The crypto market downturn has made it difficult for crypto firms to pull the trigger on any new sponsorship deals with the sports teams they spent hundreds of millions on at the beginning of the year
New video revives debate over Bored Ape Yacht Club's alleged 'racist' imagery
21.6.2022
A new video examines the alleged racist and white supremacist symbols hidden in plain sight by Yuga Labs in its most popular NFT collection
Bitcoin and Ethereum Hold Crucial Levels, Celsius Rallies
21.6.2022
After starting a recovery wave above the USD 20,000 resistance zone, bitcoin is facing a key hurdle near USD 20,500 and USD 21,200. It is currently (04:59 UTC) consolidating above USD 20,500 and is up almost 3% in a day and down 9% in a week.
Similarly, most major altcoins are stuck near...
Deutsche Bank Expects Sooner, More Severe US Recession as the Fed Takes ‘Aggressive Hiking Path’
21.6.2022
Deutsche Bank has updated its recession forecast. The bank’s economists now see “an earlier and somewhat more severe recession” than previously predicted. “The Fed has undertaken a more aggressive hiking path, financial conditions have tightened sharply and economic data...
China’s WeChat bans crypto and NFT-related accounts
21.6.2022
The policy also covers secondary NFT trading as the firm notes that “accounts that provide services or content related to the secondary transaction of digital collections shall also be dealt with.”