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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...

RBI declares its pilot project of Digital Rupee with CBDC


In October 2022, the Reserve Bank of India issued an official concept note to Central Bank Digital Currency (CBDC) regarding tips and guidelines for creating the intended digital currency. The prime purpose of this concept note was to serve both the wholesale and retail sectors in terms...

Gucci Vault expands across Sandbox Metaverse & sparks creativity


Gucci is the first luxury brand to create its space in a virtual gaming world. The Sandbox marks its footprints as an initial force to move in the metaverse. Gucci Vault Land, a new innovative venture by Gucci, collaborates with The Sandbox so that the players can own, build and monetize their...

NFT P2E game BudBlockz will be bigger than Decentraland in 2023


The Metaverse is a term many investors often talk about, but only a few can explain it in depth. Ultimately, the goal is an alternative, virtual reality in which users can interact with each other and have infinite possibilities of pastimes. The idea of a new version of the Internet, Web 3.0,...

GoMint launches its V2 in aid of Web3 builders & brands


GoMint makes its official announcement regarding the successful launching of its new venture, the V2 platform. However, this has been accurately positioned on the Hedera NFT platform. With this extremely valuable creation, all of the users, including largely the segment of artists, musicians...

Indian Central Bank RBI Begins First Digital Rupee Pilot Today


India’s central bank, the Reserve Bank of India (RBI), is launching its first digital rupee pilot on Nov. 1. with the participation of nine banks. “Settlement in central bank money would reduce transaction costs by pre-empting the need for settlement guarantee infrastructure or...

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