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Microsoft Backs Wemade’s Blockchain Push in $46 Million Investment Round


Software giant Microsoft has made a $14.8 million investment in Wemade, a Korea-based blockchain gaming services company that has recently launched its own stablecoin, named Wemix. The company was part of a $46 million investment round, that also saw the participation of two more companies: Shinhan...

S Korean Police Shut Down $472,000 Group Chat-based Crypto Fraudsters


South Korean police say they have arrested the ringleaders of a $472,000 crypto fraud gang that made use of the group chat function on a social media app to lure in unsuspecting victims. MBN Money reported that the Incheon Metropolitan Police Agency explained that it had arrested three men...

Toda City in Japan Is Using Metaverse Tools to Combat School Absenteeism


Toda City, located north of Tokyo in Saitama prefecture, is using metaverse-based tools to fight the absenteeism problem that Japan faces. The city includes children in virtual spaces where they can explore virtual campuses and attend classes online, while preparing to eventually rejoin regular...

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