QuizTalk and Meta-Airline announced on the 12th today that they will sign an NFT strategic alliance to develop various NFT content. The partnership aims to secure NFT content for both companies’ platforms and diversify NFT markets at home and abroad. QuizTalk Co., Ltd. has expanded its NS home shopping and live commerce market and recently hosted a quiz show at SK Telecom’s metaverse service, Ifland. QuizTalk’s token, QTCON, was listed on Bithumb, Upbit, and Coinone, the...
Read More »Tornado Cash Developer is Arrested in Amsterdam
On August 10, the Dutch Crime Agency (FIOD) announced the arrest of a 29-year-old developer of Tornado Cash, a cryptocurrency mixer built on the Ethereum network that was sanctioned earlier this month by the U.S. Treasury Department. The U.S. banned Tornado Cash because the platform had a large-scale currency laundering lending potential and helped anonymize the funds of several individuals linked to criminal activities. According to the FIOD, the suspect is allegedly...
Read More »Binance’s User Count Growing Due to Inflation, Says the Company’s Latin America Head
Maximiliano Hinz – top executive of Binance Latin America – argued that the spiking inflation is the main reason why the largest cryptocurrency exchange has amassed more clients in recent months. Another factor is the historically strong dollar, which has weakened other fiat currencies from emerging markets. Over the past few years, numerous experts and celebrities advised that investing in bitcoin amid the inflationary crisis is an appropriate strategy that could preserve...
Read More »Binance Recovers 83% of Stolen Funds in Curve Finance DNS Attack
Leading cryptocurrency exchange Binance has helped recover crypto assets worth about $450,000 stolen from Curve Finance users. The funds represent about 83% of the total amount stolen from users. Binance CEO Changpeng Zhao shared the update on Twitter today, noting that the Curve Finance hacker sent the assets to Binance using different techniques to bypass the exchange’s security. However, the company identified the transactions and froze the assets. Binance to Return...
Read More »Solana Wallet Slope Says no Evidence Linking Security Flaw to $4 Million Hack
Solana mobile wallet provider Slope Finance, said to be responsible for the recent multi-million dollar incident, has admitted to a security vulnerability while adding that there is no evidence linking the security flaw to the hack. This is despite the fact that Solana Labs researchers have fingered the wallet provider’s security lapses as the cause of the over $4 million hack that occurred earlier in August. Slope issued a statement on Thursday (August 11, 2022), revealing...
Read More »Shamlatech – Metaverse Dev Company Powers Nugen Universe With Exciting Metaverse Solutions
[PRESS RELEASE – Please Read Disclaimer] Shamla Tech as a pioneer and leading Metaverse development company offers end to end Metaverse development solutions and becomes their official partner for Nugen, a phenomenal initiative that leverages the advantages of cryptocurrencies with the potential to digitize the day-to-day transactions. NUGEN is an all-in-one platform that enhances the advantages of DeFi, crypto, NFT, and metaverse through making people adopt cryptocurrency...
Read More »DecentWorld Launches the First 3D City Environment – Downtown Dubai
[PRESS RELEASE – ZUG, Switzerland, August 1, 2022] The ever-growing DecentWorld community can now have a stroll through the 3D render of the most modern version of Dubai. Swiss-owned metaverse and blockchain-based platform has just launched its much-anticipated first 3D city environment – Downtown Dubai – built on the latest Unreal Engine technology. In total, it took more than 50 Buildings and other objects for the team of industry professionals, engineers and artists, to...
Read More »BlackRock’s Bitcoin Trust Will Create a Demand Shock: Anthony Scaramucci
Anthony Scaramucci – founder and managing partner of Skybridge Capital – believes BlackRock’s Bitcoin trust, among other developments, will contribute to a demand shock for Bitcoin that will send its price soaring. He added that the “future” is arriving sooner than he thought, and predicted that Bitcoin will reach $300,000 per coin within a few years. Stay Long Term, Says Scaramucci In an interview with CNBC on Friday, Scaramucci began by saying he’s seen a resurgence of...
Read More »Dubai To Be the Web 3 & Metaverse Capital of The World
The tech investment world has grown rapidly in the last 20 years since the dot com boom. Investors have gone from investing into micro chip manufacturing companies to internet marketplaces such as Amazon and eBay. And even though investors understand the rapid changes & growth of the tech world, they have been having a hard time investing into the Web 3.0 (Crypto, Blockchain, etc.) & Metaverse world. However, this all changed when Mark Zuckerberg announced that...
Read More »Bit Give Works with Heifer International to Boost Crypto Donations
Bit Give, the first bitcoin non-profit, is moving all its assets to a company known as Heifer International, a global development enterprise that seeks to end world hunger through sustainable means. Bit Give Transfers Its Assets to Heifer International Part of the partnership enables Heifer to take over what’s known as Give Track, the donation platform of Bit Give. It will also have ownership of the firm’s logo and brand assets and Give Track will be further developed...
Read More »