Day: July 19, 2022

3D NFT marketplace bridges three-dimensional functionality across metaverses

boss

MetaMundo looks to bring three-dimensional art and assets to some major metaverse environments with the launch of its marketplace and nonfungible token (NFT) architecture. Users from popular metaverses like Decentraland (MANA), Cryptovoxels (CVPA), The Sandbox (SAND) and Spatial (SPAT) will be able to collect and own NFT assets like galleries, luxury villas, music venues, parks, avatars, vehicles and other creations directly from 3D artists, architects and designers. MetaMundo has built an NFT architecture on the Ethereum blockchain tha is specifically designed to power 3D files and Metaverse interoperability. The use…

How Lightning Network outperforms Ethereum for tipping

boss

The Canadian band The Carbons got a little more than just a tip during a live performance in Kelowna, British Columbia. When passerby Ben from BTCSessions, a Youtuber and Bitcoin (BTC) educator, saw that the band accepted Bitcoin, he had to send some magic internet money their way. The Carbons’ guitar case. Source: Tomy, the frontman Tomy (frontman for The Carbons) had been into crypto since 2017, but like many people new to crypto, he thought he’d “missed the boat.” The price per BTC was around $2500. He told Cointelegraph…

Dubai Crown Prince Launches Metaverse Strategy — Fivefold Increase in Blockchain and Metaverse Companies Envisioned – Metaverse Bitcoin News

boss

A master plan that aims to see the number of Dubai’s blockchain and metaverse companies grow from the current 1,000 to 5,000 in five years, was recently launched by the kingdom’s Crown Prince Sheikh Hamdan. Known as the Dubai Metaverse Strategy, the plan also seeks to create 40,000 jobs and bring in $4 billion to the Dubai economy. Metaverse Contribution to Dubai’s Economy The crown prince of Dubai and chairman of the Dubai Executive Council, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, has launched an ambitious plan to attract…

Silvergate’s Q2 Net Income Jumps Over 84% to $38.6M, Shares Spike

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

Exchange operator Cboe is a buy as recession chances rise, Morgan Stanley says

boss

As the risk of a recession continues to rise, Morgan Stanley believes it’s time to buy exchange operator Cboe Global Markets . Analyst Michael Cyprys double upgraded the stock from an underweight rating to overweight, saying in a note to clients Tuesday that at this time, the bank favors defensive exchanges and brokers that benefit from rising rates and increased volatility. “In a less certain macro environment with rising probability of a recession, CBOE’s transaction-heavy business model (70% of revenues) offers potential for growth and the greatest chance for upward…

Ripple XRP Ledger Co-Creator Stops The Selling Spree, Bullish Trend Nearby?

boss

Since December 2020, Ripple hasn’t rested from negative anticipations of a crash. Instead, the crypto that seemed promising from inception started plummeting when the United States Securities and Exchange Commission (SEC) sued it. The accusation was that the company raised more than $1.3 billion illegitimately. As a result, SEC held the co-founder Christian Larsen and Bradley Garlinghouse, the CEO, accountable for the illegal gains. The court case has already lasted for more than one year. But, surprisingly, on April 14, Ripple CEO Brad Garlinghouse stated that the fight had gone…

Cryptocurrency Exchange Crypto.com Expands to Italy

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

Indian Exchanges Hold Meeting to Discuss Way Forward After Crypto Advocacy Body is Dissolved: Sources

boss

“We have always valued our association with IAMAI, however we are also shocked and disappointed with their sudden decision,” Sumit Gupta, co-chair of the now defunct BACC, said in a written statement on Tuesday, adding that crypto advocates like him will “continue to double down” on their efforts. Gupta is also the co-founder and CEO of CoinDCX, one of India’s prominent crypto companies. Source

Three Arrows Owes Polkadot Developer Moonbeam Foundation Over $27M, Court Documents Show

The fund, however, suffered massive losses following luna’s implosion in mid-May and a market-wide decline in June, leading to its insolvency. Lawyers involved in the liquidation proceedings of Three Arrows Capital in the British Virgin Islands have stated Su Zhu and Kyle Davies, the hedge fund’s founders, have not been cooperating in the proceedings so far and their current location is unknown. Source