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South Korean Deputy Prime Minister Eases Anti-Crypto Rhetoric, Aims to Create More Domestic Market Opportunities
21.5.2021
The South Korean government seems to be easing its anti-crypto tone, as the Deputy Prime Minister came forward with a statement that opened the doors for future open dialogue on virtual currency topics. Hong Nam-ki unveiled that officials are assessing ways to get young people into “domestic...
Virtual Open World Games Are The Future of Crypto
19.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
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Due to the current COVID-19 restrictions, many people spend most of their time online, supported by technological advancements and social networks’ intelligent algorithms that keep people online....
Chinese trade associations sound crypto investment warning
18.5.2021
Three associations outlined four issues related to crypto investment beginning with a call for its members to understand the nature of virtual currencies
Six People Connected to a $36M Crypto Scam Arrested, Scheme Operated From Multiple Locations in Europe
18.5.2021
Authorities in Germany launched a massive operation that cracked down on a sophisticated crypto scam, resulting in the arrest of six people in different European countries. Initial reports state that such a fraudulent scheme stole over $36.2 million worth in virtual currencies from individuals...
NYDFS taps former DOJ attorney as deputy virtual currency chief
17.5.2021
The former Department of Justice trial attorney has been with the New York State Department of Financial Services for eight years
Dude Shocks Himself To Simulate In-Game Motion
15.5.2021
Large, arcade-style motion simulators (like Sega’s R360) can physically toss you around in response to onscreen action, which can increase the immersion and also just feel cool. But these simulators are big and expensive. YouTuber Mean Gene Hacks decided to use electrodes and a driving game...
Argentinean Tax Body Asks Domestic Cryptocurrency Exchanges to Report Monthly Transactions and Wallet Balances
14.5.2021
The local tax authority could soon hunt tax evaders who trade cryptocurrencies in Argentina following a notice sent to domestic crypto exchanges. The Federal Administration of Public Revenue (AFIP) ordered them to report all virtual currency-related transactions every month. Payment Gateways...
Big Time Studios Aims to Bring NFTs to the Masses, Set to Raise $21 Million in Funding
14.5.2021
The Los Angeles-based company Big Time Studios has announced the company is set to raise $21 million in two funding rounds backed by a number of investors. The company’s founder Ari Meilich was the CEO and co-creator of the Ethereum metaverse Decentraland. Big Time Studios aims to bring...
Cuban President Discusses Adopting Cryptocurrencies for the ‘Convenience’ of the National Economy
14.5.2021
Cuba has been actively discussing the possibility of adopting cryptocurrencies over the last few months during high-political summits. This time, the president of the Caribbean island discussed crypto assets once again during a virtual currencies topic on the summit agenda, talking about...
Why Dvision Network Migration to Binance Smart Chain Is a Game Changer
13.5.2021
The leading blockchain Virtual Reality (VR) Metaverse platform Dvision Network is set to migrate to the Binance Smart Chain network through the cross-chain bridge. Dvision Network has changed the blockchain space by offering users an ecosystem that encompasses NFTs and virtual reality....
Regulace velkoobchodního trhu má první ovoce. Virtuál Eri snižuje cenu dat o 41 %
12.5.2021
Report: Next-Gen PlayStation VR Is Sounding Pretty Impressive
11.5.2021
Sony’s next-generation virtual reality hardware for PlayStation 5 will include a number of fancy features and even some forward-thinking technologies that are not yet available on popular consumer VR headsets, according to a report on UploadVR. Read more
Former Finance Secretary Urges Indian Government to Encourage Crypto Services, Regulate Cryptocurrencies
10.5.2021
Former Finance Secretary Subhash Chandra Garg, who headed the committee that drafted India’s cryptocurrency bill, says that the government should not ban cryptocurrencies but regulate them instead. He further urges the government to encourage crypto services. Indian Government Should Regulate...
Oculus Homes Ransacked
4.5.2021
Yesterday I donned my three-week-old Oculus Quest 2 and decided to check in on Oculus Home, a personal 3D space that each Oculus user can customize with furniture and any number of personal polygonal accessories. But when I rezzed in, something was amiss. Or rather, everything was missing: My home...
Young Koreans Less Keen on Crypto Taxation Than Older Generations, Poll Finds
4.5.2021
Opponents of the government’s plan to tax gains from cryptocurrency trading outnumber supporters among South Koreans in their 20s, a new survey shows. Representatives of other age groups are more open to the proposed taxation of investments in virtual assets. Nearly Half of Young Koreans...
Venezuelan Crypto Regulator Sunacrip Strengthens AML/KYC Requirements for Virtual Asset Service Providers
3.5.2021
Sunacrip, the Venezuelan cryptocurrency watchdog, has recently published a new set of AML/KYC requirements for VASPs (Virtual Asset Service Providers) that establishes new and updated rules about the kind of information these providers must require and share with the Venezuelan government, raising...
Irish crypto firms must comply with money laundering laws for the first time
27.4.2021
It is now a criminal offense to operate a crypto firm in Ireland without registering with the Central Bank of Ireland
Ibiza without Ibiza: Virtual Amnesia dancefloor launch on Decentraland
26.4.2021
Virtual partygoers will be able to enjoy an Ibiza club experience in the metaverse thanks to a partnership between Decentral Games and veteran club Amnesia
OVR Launches Futuristic Virtual Gallery for NFTs and More
26.4.2021
Today, April 26th, 2021, the virtual gallery of OVR.ai was inaugurated to showcase artists working with non-fungible tokens (NFT) and beyond. Considering the hype around the NFT phenomenon this year and also given that the Coronavirus pandemic prevents most artists from exhibiting works in museums...
The Olympics Gets A Virtual Sports Tie-In Event
22.4.2021
It’s not quite esports in the Olympics, but the International Olympics Committee (IOC) will host a virtual sports event May 13 to June 23, tied to the upcoming Olympic Games in Tokyo.Read more