Users in the Latin American country will be able to save on fees by converting crypto sent to them into Mexican pesos at more than 37,000 physical stores. Source
Month: February 2022
GALA se dispara 20% y lidera las subidas de tokens del metaverso
MANA es el token de la plataforma de realidad virtual descentralizada Decentraland, mientras que SAND es el token de la plataforma de juegos virtuales The Sandbox, basada en Ethereum. El metaverso es un mundo digital inmersivo creado por la combinación de realidad virtual y realidad aumentada. Source
Bitstamp Founder Loses UK Court Bid to Prevent New Owner Buying His Shares
A U.K. High Court judge ruled that Nejc Kodrič must sell his remaining 9.8% stake to the crypto exchange’s new owners, as agreed at the time of the 2018 sale. Source
ETHDenver Agenda: 3 Big Themes in 2022
DEK: What you need to know about Ethereum’s big event this winter. Source
What are the top metaverse projects besides The Sandbox and Decentraland?
This week on “The Market Report,” we jump right into our main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth, Sam Bourgi and Ornella Hernández as they debate each other on the top metaverse projects on the market. First up, we’ve got Bourgi’s pick of Wilder World, which allows you to interact with its immersive 3D world via nonfungible tokens (NFTs) and is also based on the massively popular Unreal Engine 5. Following Bourgi, we have The Market Report first-timer Hernández, who has decided to go with Boson Portal, which…
Hacker Scoops Up $2 Million Bounty After Spotting Fatal Flaw In Ethereum Rollup
A hacker has made off with $2 million in bug bounty after finding an alarming vulnerability with the Ethereum network. This bug could have been very bad if it had been found by black hat hackers who could have exploited the digital asset for billions of dollars worth of ETH. Instead, a ‘grey hat’ hacker popularly known as Saurik informed the Ethereum team of the vulnerability, netting himself a sizable reward in return. Finding The Vulnerability On Ethereum Hacker Saurik had found the vulnerability on Optimism, an Ethereum layer 2…
How the Marshall Islands Is Trying to Become a Global Hub for DAO Incorporation
“We think of [decentralized exchanges] and DAOs as ships. They live in international waters, right?” Mark Lurie, CEO of Shipyard Software, told CoinDesk in an interview. “So when trying to figure out where to incorporate [Shipyard Software], we realized, Oh, let’s look at ships. And it turns out ships are all registered in the Marshall Islands. And that’s what led us here.” Source
Marshall Islands officially recognizes DAOs as legal entities
The Republic of the Marshall Islands has moved to formally recognize decentralized autonomous organizations, better known as DAOs, as legal entities — a move that gives collectively owned and managed blockchain projects formal recognition on the global stage. DAOs, which are blockchain-based entities governed by self-organizing communities, have attained legal recognition in the Marshall Islands after the country passed the amended Non-Profit Entities Act 2021. The amendment allowed cryptocurrency trading infrastructure platform Shipyard Software to incorporate the island country’s first DAO, Admiralty LLC. The incorporation was aided by MIDAO Directory…
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JPMorgan Is the First Bank Into the Metaverse, Looks at Business Opportunities
“We believe the existing virtual gaming landscape (each virtual world with its own population, GDP, in-game currency and digital assets) has elements that parallel the existing global economy,” according to the bank report. “This is where our long-standing core competencies in cross-border payments, foreign exchange, financial assets creation, trading and safekeeping, in addition to our at-scale consumer foothold, can play a major role in the metaverse.” Source