The metaverse is a digital world created by the combination of virtual reality, augmented reality and the internet. While the technology is in its infancy, many believe it will profoundly change the worlds of gaming, social media and ecommerce. Last week, JPMorgan said in a research report that the metaverse-related economy of China alone could reach $4 trillion. Source
An international group of experts with extensive background in public and corporate governance will advise global cryptocurrency exchange Binance on regulation. The move is an indication of Binance’s focus on compliance and collaboration with regulators, according to its management. Crypto Exchange Binance Secures Qualified Advice on Regulatory Matters Binance, the world’s leading digital asset exchange in terms of trading volume, has established a Global Advisory Board. The body is comprised of “distinguished experts in public policy, government, finance, economics, and corporate governance,” the coin trading platform said in a press…
Affected by the COVID-19 pandemic, students worldwide now find it more difficult to receive education and learn. This is not just happening to individual students. An education crisis is taking place in countries around the world. The disruption of societies and economies caused by the pandemic is aggravating the pre-existing global education crisis and is impacting education in unprecedented ways. To help more students receive education, CoinEx Charity has built a long-term partnership with Enredo, a Colombia-based non-profit organization, and invested charitable funds to offer online courses that are free…
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With the crypto community growing bigger and as trading volumes reach new highs, the United States is also making more effort to ensure that its Internal Revenue Service (IRS) could properly collect cryptocurrency tax. U.S. Attorney Damian Williams, Deputy Assistant Attorney General David Hubbert and IRS Commissioner Charles Rettig announced that US judge Paul Gardephe authorized the IRS to issue a “John Doe summons,” a term used when the IRS investigates unknown taxpayers. The summons compels the New York-based M.Y. Safra Bank to submit information about taxpayers that might have…
The Web3 software solutions company Chain announced the company has partnered with Kraft Sports + Entertainment, the owners and operators of the New England Patriots, New England Revolution, Gillette Stadium, and Patriot Place. Chain details that the multi-year deal will allow the company to serve as the company’s “official blockchain and Web3 sponsor.” Chain Inks a Deal With Kraft Sports + Entertainment, Web3 Company Plans to Work With New England Revolution and the NFL’s New England Patriots On Thursday, the blockchain and Web3 firm Chain said it inked a multi-year…
Polkadot has proven successful in a number of areas recently. Data from Santiment shows that there has been a dramatic increase in development on Polkadot. But does this mean a brighter future for Polkadot? Data shows that the highest amount of transfers occurred on September 16. In addition, there’s even better news. Parallel chaining is likewise very active. The volume of transactions using these secondary chains on the Polkadot main chain is an indicator of this action. The GLMR token from Moonbeam and the MOVR token from Moonrivers are two of…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In your nightly crypto news wrap up, we bring you the top crypto stories. Twitter stocks SOAR as Elon Musk becomes their new biggest shareholder. Are big changes on the way for Twitter? Phishing attacks target Trezor, a crypto hardware wallet. Deezy will give you some useful tips on how to avoid hacks and scams. Finally, Bitcoin mining gets a game changer. Find out the details of Intel’s new SUPER Bitcoin mining chip. SOURCE: Learn more about crypto ➡️ How to join…
Crypto mixer Tornado Cash has returned to the software development platform GitHub after several weeks of being banned on the website. Ethereum developer Preston Van Loon took to Twitter on Thursday to report that GitHub has partly unbanned the Tornado Cash organization and contributors on their platform. The developer suggested that Tornado Cash’s code repositories are now in read-only mode, which means that GitHub is yet to restore full functionality. “But that is progress from an outright ban. I still encourage GitHub to reverse all actions and return the repositories to…
When it comes to choosing between going into forex trading or crypto trading, there are a number of things that traders must take into account before picking one over the other. While there are traders who tend to do both, a lot of traders still go the route of picking one over the other to focus on. This report takes a look at the unique offerings provided by both crypto and forex trading, as well as the benefits associated with these highly sought-after markets. Benefits Of Forex Trading Forex trading…