Tencent has Filed a Patent for Virtual Concerts in the Metaverse

Thriving as a globally-dominating technology conglomerate from China, Tencent Holdings Ltd. has filed a patent request to host virtual concerts in Metaverse’s virtual world. Lodged with the Chinese National Intellectual Property Administration (CNIPA), the patent approval will place Tencent as a strong player in the metaverse domain by giving it an edge over the other …

Nomura to Explore Crypto and NFTs with a New Unit

In a strategic move to expand across the fast-growing industry of crypto and NFTs, Nomura Holdings from Japan is launching a new unit dedicated to the sector. The popular wealth management firm has planned to rebrand its Future Innovation Company as a new Digital Company to unlock new opportunities in the digital asset sphere. Gearing …

Top Analyst Says Two Ethereum Rivals Are Showing Strength, Predicts Big Move for Interoperability Platform Cosmos (ATOM)

Cryptocurrency analyst Jason Pizzino is listing three altcoins that he expects to perform relatively well in March. Leading with Ethereum rival Terra (LUNA) Pizzino tells his 261,000 YouTube subscribers that the native token of the smart contract-enabled blockchain that creates stablecoins is gaining strength. Pizzino says that LUNA is currently above the 50% Fibonacci retracement …

Bitcoin mining difficulty drops for the first time this year

For the first time since November 2021, the Bitcoin (BTC) mining difficulty adjustment has dropped, correcting 1.49%. The move follows a succession of six consecutive positive difficulty adjustments, in which the mining difficulty and hash rate hit all-time highs. The average hash rate over the past two weeks fell to 197.19 exahashes per second (EH/s), …

Bitcoin returns to test $40K as macro factors pile up to squash BTC bulls

Bitcoin (BTC) bended to new macro pressures on March 4 after bulls failed to hold $42,000 for long. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Europe stocks sink on Friday open Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching lows of $40,800 on Bitstamp Friday after a major options expiry event. Overnight performance, initially …

Gluers: A Bridge Between the Decentralized and Centralized

Our economic system has been built and run by centralized technologies (emails, APIs, CRMs, e-commerce, ERPs, SQL databases, cloud computing). It changed when decentralized technologies arrived, enabling safe economic interactions with anyone – even strangers you do not trust. You just need to trust the technology. Many of us love the new decentralized system so …

Ukraine Cancels Crypto Airdrop Amid $57M Crypto Contributions, Announces NFTs Instead.

In Summary Ukraine canceled its airdrop short before it was due. Instead, the country will release NFTs to support the Ukrainian Armed Forces. Ukraine has received over $50 million in crypto donations so far. Ukraine has turned around on its decision to airdrop fungible tokens to those who donated to its cause, Vice Prime Minister …

Crypto prices fall amid fears of Nuclear disaster in Europe

Europe is waking up to the news that there has been an attack involving nuclear materials in Ukraine. Europe’s largest nuclear power plant, Zaporizhzhia, was shelled by Russian forces, with reports surfacing around 1 am GMT. Footage of the blaze was captured via Livestream and showed fires breaking out outside of the main facility. The …

Total amount of Luna tokens staked down 62% from ATH even amid massive price rally

Terra has recently made many headlines due to its meteoric gains. Unfortunately, this can occasionally lead to confirmation bias in how we view the stats behind our most beloved crypto assets. If you’ve been reading around the cryptosphere this week, you will be forgiven for believing that Terra is now the second-largest asset by staking …

The Sandbox partners with World of Women to drive female inclusivity in Web3

The Sandbox and World of Women teamed up to bring more women and diversity into the NFT and metaverse space and announced the launch of the WoW Foundation. The Foundation will kick off with a $25 million grant from The Sandbox–dedicated to bolstering the representation of women in decentralized web spaces. WoW Foundation The Sandbox …

Crypto’s Sanction-Slipping Power: Why Bitcoin’s Neutrality Is Its Greatest Humanitarian Asset

Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn environment, someone else’s politics is the last thing you want standing in the way of you and your loved ones’ well-being …

Billboard and Universal Music Group Partner to Launch Flow-Based NFT Collectibles

On March 2, the global music media brand Billboard announced the firm has partnered with Universal Music Group (UMG) in order to launch a non-fungible token (NFT) project called Chartstars. According to Billboard, the Chartstars project will be Billboard’s first NFT product focused on music fans, as Chartstars aims to “commemorate achievements and milestones on …

Crypto Allows Ukraine to ‘Operate Internationally,’ Official Says

Amid ongoing hostilities with advancing Russian forces, Ukraine has been increasingly relying on cryptocurrency donations to solve humanitarian problems and finance its defense efforts. Crypto helps the country to receive and quickly distribute money and operate internationally, a high-ranking government official has indicated. Ukraine Accepts, Spends Millions in Crypto, Deputy Minister Reveals Since the Russian …

Cardano, Avalanche, Cosmos and Three Additional Altcoins Have Biggest Potential for Stakers This Year, According to Coin Bureau

The host of popular crypto channel Coin Bureau is laying out his top picks for proof-of-stake (POS) crypto assets where people can earn rewards and passive income. In a new video, the pseudonymous analyst known as Guy tells his 1.97 million YouTube subscribers that he has weighed each of the six tokens on his list …

Can the Metaverse Displace the US As the World’s Top Immigration Destination? Sound Tokenomics May Be the Key

HodlX Guest Post  Submit Your Post   The US is still the world’s single largest destination for immigration, with much of its lore built on a promise of freedom. There are many forms of that word, of course, and all hotly debated in political spheres. However, the version that most often gets people to actually pick …

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