August 11, 2022 – Dubai, United Arab Emirates The MetaWeek conference will take place on September 11-14, 2022. Thousands of Web 3.0 enthusiasts and thought leaders from all over the world will convene in Dubai to set the future trends of metaverse applications. After huge success in launching the first MetaWeek in early March 2022, …
Monthly archives: August 2022
dYdX confirms blocking (and unblocking) some accounts linked to Tornado Cash
Cryptocurrency derivatives trading platform dYdX said it blocked some users’ accounts with funds linked to Tornado Cash, including mistakenly suspending some that never directly engaged with the controversial mixer. In a Wednesday blog post, dYdX said it had “unbanned certain accounts” that the derivatives platform had blocked in response to the Office of Foreign Assets …
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Carbon credit NFTs are only effective if burned, experts say
Using nonfungible tokens (NFTs) as carbon credits, or carbon offsets, reveals an outlet for Web3 technology to foster a more environmentally friendly future. NFTs as carbon credits are a slow-rolling trend in the refinance market and decentralized finance (DeFi). Most of this activity currently takes place on the Polygon (MATIC) blockchain, as it has already offset …
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BlackRock announces the launch of a new private spot Bitcoin trust
According to a new blog post on Thursday, BlackRock, the world’s largest asset management overseeing over$10 trillion in total assets, launched a new private spot Bitcoin (BTC) trust. The fund is only available to U.S. institutional investors and seeks to track the performance of Bitcoin, less the expenses and liabilities of the trust. In explaining …
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Reinventing yourself in the Metaverse through digital identity
The Metaverse has become one of the biggest buzzwords of the year as a number of brands, companies and even countries begin to explore virtual worlds to conduct business. Even though Metaverse development is still underway, a recent report from the technology research and advisory firm Technavio found that the Metaverse will hit a market …
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Binance Labs Invests in Cross-Chain Staking Protocol Ankr After $500 Million Web3 Fund
Summary: Ankr protocol has received fresh capital from Binance Labs, Binance’s venture capital arm. The exact amount invested remains undisclosed at press time. The pair previously collaborated to build out key infrastructure for the BNB Chain. Ankr provides support by delivering DeFi composability to BNB Liquid Staking as well. Zhao’s VC department recently announced a …
Mati Greenspan joins WUBITS as senior adviser
Mati Greenspan has joined WUBITS as a senior adviser, according to a press statement. Greenspan would advise the web3 social platform on how it can accelerate its user adoption and emerging market trends. A top executive at WUBITS, Albert Mashadev, said Greenspan’s addition to the team would help the team “to accelerate the growth of …
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Alameda-owned RenVM confirms it’s ‘impossible to launder any assets’ through Ren Bridge, debunking claims of $540M in money laundered
Elliptic Connect, a blockchain data analytics firm, released a report Wednesday — widely covered in both the crypto and news media — entitled “Cross-chain Crime: More Than Half a Billion Dollars has Been Laundered Through a Cross-chain Bridge.” The report claims that $540 million worth of crypto had been “laundered” through the RenVM bridge, which …
Mailchimp suspends accounts of several crypto-focused users
Popular email service provider Mailchimp has suspended several crypto-focused media outlets and firms using its platform, including Decrypt and Messari. Reports of the account suspensions by Mailchimp started earlier this week with custody crypto wallet Edge. When the platform’s community manager Joelly Garcia tried to log in to their Mailchimp account, he discovered it had …
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Zipmex enables up to $153 worth of ETH withdrawals
Zipmex, the lender that had halted customer withdrawals on July 20, is allowing customers to access and withdraw up to 0.08 Ethereum (ETH) tokens, worth around $153 at the time of writing, starting Aug. 11 The firm will transfer the ETH tokens from the users’ Z wallets, used to earn interest and bonus, to the …
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Explore the latest cardano metaverse project
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Cardano has proven to be one of the most active and busiest digital assets in the crypto world in the past year. Therefore, many experts expect that Cardano will have a great future in 2022, and …
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UN Agency wants comprehensive crypto regulation in developing countries
The United Nations Conference on Trade and Development (UNCTD) issued policy briefings and recommendations to discourage crypto adoption in developing countries. The UNCTD released a brief on Aug. 10, in which it argued that unregulated crypto adoption possess a threat to developing countries. It, however, acknowledged crypto’s role in facilitating remittances and as a hedge …
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Research: The Merge is causing a divergence between Ethereum and Bitcoin SOPR
The overall market sentiment is usually determined by looking at long-term market behavior. However, while zooming out can put current market conditions into a much better perspective, sometimes the most solid gauge of the market’s position lies in the middle. SOPR and its value in market analysis The Spent Output Profit Ratio (SOPR) is a …
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Ethereum’s Goerli Testnet Implements The Merge, ETH Price Jumps 74% Higher During the Past 30 Days
The Merge has successfully been implemented into Ethereum’s third and final testnet, Goerli, after previously adding Merge support to the testnets Sepolia and Ropsten. The Merge was added to Goerli at approximately 9:45 p.m. (EST) on Wednesday, transitioning to a full proof-of-stake (PoS) network. Goerli’s Merge Transition Is Complete, Vitalik’s Father Dmitry Buterin Says Ethereum …
Biggest Movers: ATOM Climbs to Highest Point Since May, While SOL Rises by Over 10%
Cosmos rose to its highest point since May earlier in today’s session, as crypto markets surged on Thursday. The global market cap is trading over 6.27% higher as of writing, with bullish sentiment sweeping through. Solana was trading over 10% higher in today’s session . Cosmos (ATOM) Cosmos (ATOM) was trading higher on Thursday, as …