Day: June 9, 2022

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‘The metaverse will empower human beings’, declares Qatar Airways

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Qatar Airways announced Tuesday that it had launched its first metaverse experience, QVerse. This virtual reality platform allows interested parties can virtually visit and navigate the Premium Check-in area at the International Airport of Hamad (HIA). According to the company’s statements to Cointelegraph however, QVerse is merely the company’s first foray into the metaverse. The company said that it intends to expand its virtual environment initiatives and believes that the metaverse is part of the future of human relations. “We believe that the future is virtual. The metaverse will empower human…

How VeChain Landed $100 Million UFC Marketing Deal

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The VeChain Foundation and the Ultimate Fighting Championship (UFC) announced a multi-year marketing collaboration. The partners claim the deal is a “first of its kind” aimed at “breaking marketing ground” for the blockchain-based organization and the mixed martial arts organization. Related Reading | Why VeChain (VET) Could Be On The Verge Of A 40% Rally In that sense, the VeChain Foundation will have an “unprecedented level of integration into key UFC assets”. This will include live events, broadcast features, in-arena promotion, and original content reserved for UFC distribution alone. Data provided…

Ocean Protocol, Helium and Chainlink post monthly gains while Bitcoin price consolidates

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Positive price movements during bear markets are noteworthy primarily because they can help identify projects that have a good chance of surviving until the next bull cycle .  Generally, price action in June has been stagnant for a majority of the crypto market because traders are nervous about Bitcoin’s (BTC) oscillation around the $30,000 support level, but there have been a few strong performers. LINK/USDT vs. HNT/USDT vs. OCEAN/USDT 4-hour chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView shows that three of the biggest gainers in the month…

Marathon Digital Bitcoin Production Weaker Than Hoped in May

Marathon was originally informed by host Compute North that energization of its miners at its West Texas facility would begin in April. That was then delayed to May, and as of June 8, energization has yet to take place. At issue, Marathon said, is a tax matter for Compute North’s energy supplier. Marathon expects the situation to be resolved in June. Source

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‘Education Is Power’— Jack Dorsey and Jay-Z Launch a Bitcoin Academy in Brooklyn – Bitcoin News

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The founder of financial tech company Block Inc., Jack Dorsey announced he is collaborating with the rapper Jay-Z by launching a Bitcoin Academy in Brooklyn. The Bitcoin Academy’s mission aims to empower and provide education to the region. The project’s website further details that residents of Marcy House, located in Brooklyn, New York will be eligible for free courses and other benefits like internet data plans. Marcy House Residents Welcome to Attend The Bitcoin Academy — ‘Making Powerful Tools More Available’ Jack Dorsey, the former CEO of and co-founder of…

Appeals court rules Do Kwon, Terraform Labs must heed SEC subpoena served in September

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The United States Court of Appeals for the Second Circuit on Thursday rejected Terraform Labs CEO Do Kwon’s dispute of a subpoena by the Securities and Exchange Commission (SEC). The federal agency was seeking documents and testimony in connection with its investigation of whether Terra used the Mirror Protocol to sell unregistered securities. Kwon was served with the subpoena in September 2021 while he was attending a conference in New York City. Kwon claimed in an October filing that the SEC had violated its own rules, the Administrative Procedure Act…

Bermuda’s Crypto Companies Are Launching an Industry Association

Next is currently made up of 14 digital asset companies that have been licensed by the Bermuda Monetary Authority (BMA), including Apex Group, Bittrex, BlockFi, Circle and the newly licensed Jewel. According to an announcement shared with CryptoX, the mission of the association is to help shape the British Overseas Territory’s digital asset legislation and support initiatives to enhance its digital asset ecosystem. Source AssociationBermudascompaniesCryptoindustryLaunching CryptoX Portal