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Hong Kong’s crypto rules set a high bar for ‘good reason,’ says SFC advisor
5.4.2023
Lucy Gazmararian, an advisory board member to Hong Kong's securities regulator said its crypto rules may present short-term challenges to crypto startups
US Justice Department Seizes Cryptocurrency Worth $112 Million in ‘Pig Butchering’ Crackdown
5.4.2023
The U.S. Department of Justice (DOJ) says it has seized cryptocurrency worth over $112 million linked to fraudulent investment schemes known as “pig butchering.” According to court documents, the seized crypto accounts were allegedly “used to launder proceeds of various...
Astar Network to launch smart contracts that support two virtual machines
3.4.2023
The Astar Network team claimed that having two virtual machines is a key success factor in a budding layer-1 blockchain
AlterVerse & BNB chain come together for virtual Easter Egg Hunt
3.4.2023
The developer’s team at AlterVerse recently announced its partnership with BNB Chain to host a virtual Easter Egg Hunt campaign with a unique and exciting twist. It is an open invitation for all AlterVerse users to join in and have great fun. This partnership poses an excellent opportunity...
Buterin weighs in on zk-EVMs impact on decentralization and security
3.4.2023
Vitalik Buterin has weighed the impacts of the addition of zk-EVMs at the protocol level, saying it could speed up the verification process on the base layer
It’s a Small (Virtual) World After All
31.3.2023
Disney reportedly lays off its metaverse team, and the U.K. Treasury cancels its NFT plans, but on the bright side, NFTs for tickets are having a moment
Report: South Korean National Assembly to Pass Digital Asset Law in April
31.3.2023
After several failed attempts in the past, the South Korean National Assembly is now expected to pass its digital asset market regulation in April, a report has said. Kim Hee-gon, a member of the Political Affairs Committee’s first subcommittee, said the prospects of this happening were bolstered...
PS VR2 Headset Sales Sound Like They’re Off To A Really Rough Start
30.3.2023
A month after launch, some analysts are already raising a panic about PlayStation VR2 headset sales. Bloomberg reports that the PS5 accessories are projected to have sold less than 300,000 units in the first month, renewing calls to slash the high-end $550 price tag.Read more
EU Lawmakers Vote to Impose €1,000 Limit on Unidentified Crypto Transactions
30.3.2023
EU lawmakers have voted in favor of imposing a €1,000 limit on crypto transactions where the customer cannot be identified. “Entities, such as banks, assets and crypto assets managers, real and virtual estate agents, and high-level professional football clubs, will be required to verify their...
IOTA Releases Shimmer Public Test Chain Ahead of Native Ethereum Virtual Machine Launch
29.3.2023
The public testnet will help developers improve the resilience, performance, and security of ShimmerEVM
EOS Ethereum Virtual Machine Testnet Goes Live Ahead of April Mainnet Deployment
28.3.2023
The network is the final testnet before a mainnet deployment in April as part of a broader revival plan for EOS
‘The Only Way to Truly Scale Blockchains Is to Parallelize Processing’ Says Piers Ridyard
27.3.2023
Despite being touted as the possible panacea, decentralized finance (defi) still faces obstacles which greatly diminish the prospects of mainstream adoption, asserts serial entrepreneur and CEO of Radix DLT, Piers Ridyard. Ridyard added that while defi is seen as “a fantastic proof...
80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says
25.3.2023
Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in establishing a presence in Hong Kong. They include companies across mainland China, Canada, European Union countries, Singapore, the U.K., and the U.S....
Crypto Ads in Belgium to Feature ‘Punchy Warning’ of Risks, New Rules Imply
21.3.2023
The financial regulatory body of Belgium has been tasked by the government to regulate advertisements for cryptocurrencies. New rules, set to enter into force in May, oblige advertisers to clearly warn investors of the risks associated with the digital assets. Belgium Poised to Protect Consumers...
Taiwan’s Financial Supervisory Commission Set to Regulate Country’s Virtual Assets Industry
21.3.2023
Taiwan’s Financial Supervisory Commission is set to be announced as the body that will oversee and regulate the virtual asset industry. According to a report, the collapse of crypto exchanges like FTX prompted Taiwanese officials to seek ways of protecting users against similar events should...
Top 7 virtual reality movies to add to your watchlist
20.3.2023
Discover seven VR movies featuring survival, investigation and unexpected bonds
Report: China Will Become a Metaverse Tech Leader During 2023
20.3.2023
A report issued by Globaldata, a global consulting and data analysis company, predicts that China will become a leading country in metaverse tech during 2023. The firm believes that the development of other technologies like artificial intelligence (AI), virtual reality (VR), augmented reality...
Over 80 crypto firms eyeing presence in Hong Kong: Financial Secretary
20.3.2023
Since October, more than 80 virtual asset companies have expressed interest in establishing in the city, while 23 have indicated actual plans of doing so
HFM releases its New Virtual Analyst with 120 language support
17.3.2023
HFM recently announced the release of its latest virtual analyst. Named Kate, the AI character can speak in 120 accents and languages. Other than the avatar’s realism, HFM (formerly known as HotForex) has also put emphasis on Kate’s learning curve. The avatar acts as an additional channel for users...
FIL Jumps 14% as Traders Await Filecoin Virtual Machine Upgrade
14.3.2023
FIL was lately trading at $7.22 ahead of an upgrade that will introduce several new features to the Filecoin network