How The Metaverse is Taking a New Stance on Luxury
A Thriving Physical MarketAlready, revenue in the Luxury Goods market has amounted to $337,314 million in 2022. Expected to grow annually by 4.69% up until 2025, this incredibly popular market……
El Salvador to the US: Stay Out of Our Bitcoin Business!
It can be argued that El Salvador wants to become a completely sovereign nation. This is potentially why the country is looking to get rid of fiat and become so…
ConocoPhillips Is Selling Energy to a Crypto Mining Firm
ConocoPhillips – one of the biggest producers of oil and gas in the world – is entering the crypto mining space. The company announced early last week that it is…
Mastercard Is Hiring to Build Out Its Crypto Department
Mastercard is expanding its crypto department. The credit card giant announced early in the week that it’s looking to help companies around the world better understand the growing digital currency……
Former state lawmakers draft bill to make Bitcoin legal tender in California
Former state legislators of California are in the process of drafting a bill that would make Bitcoin a legal tender of the state. Ian C. Calderon, a former Majority Leader…
China issues alert against rising metaverse-related scams
The Chinese government on Friday issued a notice pertaining to the rising scams and frauds in the metaverse space. The alert, issued by China Banking and Insurance Regulatory Commission, sought…
‘BuyTheBroncos’ DAO seeks to raise $4B to buy NFL’s Denver Broncos
A cluster of crypto and sports enthusiasts are now making a collective effort in raising at least $4 billion to purchase the NFL franchise Denver Broncos. BuyTheBroncos, a decentralized autonomous……
South Korea’s KB bank forms committee to offer country’s first crypto funds
Kookmin Bank, one of the four largest banks in South Korea, is now planning to become the first in the country to offer crypto investment products. Announcing its plans on…
Fed governor Lael Brainard: US should play active role in CBDC development
On February 18, Rael Brainard, a governor at the Federal Reserve Board, called for expansive research and development of CBDC at the 2022 US Monetary Policy Forum, New York. In…
OpenSea CEO alleges $1.7M worth NFTs stolen in phishing attack on users
OpenSea NFT marketplace is currently investigating an alleged phishing attack following a string of tweets from dismayed users reporting the disappearance of NFTs from their wallets. According to… ] Go…