The European Union (EU) will present an initiative to address the metaverse and all the activities and interactions happening in it sometime in 2023. The proposal, which was qualified as ”key” in the State of the Union letter of intent authored by Ursula von der Leyen, President of the European Commission, will present several initiatives to clarify Europe’s rules and expectations for the metaverse. European Union to Introduce Metaverse Regulation Project Many countries of the world are in the process of integrating and adapting their regulatory frameworks and infrastructure to…
Tag: Launch
Binance Labs Doubles Down on Aptos Bet Ahead of Blockchain Launch
Aptos, staffed by former Facebook employees, is building a layer 1 blockchain using parts of the tech built for Facebook’s defunct Diem stablecoin project. It is approaching a mainnet launch expected for later this year and wooing decentralized finance (DeFi) builders in the run-up. Source
FTX, Bybit among the first exchanges to launch spot ETHW trading
Major cryptocurrency exchanges, FTX and Bybit, are among the first crypto trading platforms to launch spot trading for Ethereum proof-of-work (PoW) tokens. While the Ethereum blockchain has not forked into two separate networks just yet, crypto exchanges are rushing to start trading EthereumPoW (ETHW) tokens. At the time of writing, ETHW Fork IOU token is now trading on five exchanges, including the global FTX exchange, the FTX US platform, Bybit, Gate.io and MEXC Global, according to data from CoinGecko. According to the data, FTX is handling more than 80% of…
F2Pool, Poolin to start Ethereum PoW mining after ETHW mainnet launch
Despite Ethereum’s historic transition to a proof-of-stake (PoS) consensus mechanism, mining pools are increasingly signing up for mining on the upcoming proof-of-work (PoW) version of Ethereum. EthereumPoW, the community advocating for ETHPoW, or the PoW Ethereum version, has released a list of mining pools that are going to continue mining after the ETHW mainnet launch. According to EthereumPoW, some major Ethereum mining pools are going to continue mining despite Ethereum’s switch to the eco-friendly PoS consensus mechanism. At the time of writing, the list of ETHW mining pools composes a…
Magic Eden defends launch of NFT royalty enforcement tool
Solana-based nonfungible token (NFT) marketplace Magic Eden has fended off some community backlash following the launch of MetaShield, its new enforcement tool aimed at deterring NFT buyers who bypass creator royalties. MetaShield, which was reportedly launched in partnership with NFT marketplace and aggregator Coral Cube saw mixed reactions from the NFT community following its launch on Sep. 12, who were split on whether NFT marketplaces should protect creator rights or cut royalty fees to make NFTs cheaper for collectors. The NFT royalty enforcement tool is designed to allow NFT creators…
The ‘launch of a rocket’ — Observers on the future of Ethereum post-Merge
The Ethereum Merge is set to occur later today with the energy-efficiency focused transition expected to have a major impact on crypto investment and adoption, experts say. Speaking to Cryptox in the lead up to the Merge, StarkWare president and co-founder Eli Ben-Sasson noted that the Ethereum Merge will be the “first step in a process that will lead to exceedingly widespread adoption of Ethereum.” The immediate importance of the Merge is the dramatic effect on energy consumption. The Merge is expected to see Ethereum’s energy cut by 99.95% compared…
Linux to launch Foundation to support digital wallet development
The Linux Foundation, a global nonprofit organization that enables innovation within the blockchain ecosystem through access to open source technology, has announced plans to launch the OpenWallet Foundation (OWF). The OWF is a collaborative effort between companies in the technology and public sector, as well as stakeholders within the blockchain ecosystem, to develop open-source software to support the interoperability of digital wallets; software designed to send, receive, store and monitor digital assets. According to a press release issued on Sept. 13, the primary goal of the OWF is to build…
BitSpinCasino Launch In Full Swing – Promoted Bitcoin News
Deposit 1 bitcoin, and get more than 2 bitcoin to play with on BitSpinCasino with a limited-time 130% welcome offer. Limited-time Welcome Offer of up to 3 BTC The launch of BitSpinCasino came with a bang as it opened up for online casino players with a limited-time welcome offer of up to a 130% deposit bonus where players can get up to 3 BTC over the course of their first 3 deposits. In practice, this allows players to make a deposit of 1 BTC, as an example, and get a…
Financial Heavyweights Citadel, Charles Schwab, Fidelity Confirm Cryptocurrency Exchange Launch – Bitcoin News
A number of financial giants including Fidelity Investments, Citadel Securities, and Charles Schwab Corp. announced on Tuesday that the consortium of companies plans to launch a cryptocurrency exchange called EDX Markets. Reports note that firms like Paradigm, Sequoia Capital, and Virtu Financial are also backing the new crypto trading platform. The story was first reported during the first week of June, but the companies confirmed creating the new crypto exchange this week and appointed a CEO. EDX Markets Plans to ‘Remove Significant Conflicts of Interest That Affect Existing Cryptocurrency Exchanges’…
Win $150,000 USDT With CoinFloww Beta Launch – Press release Bitcoin News
press release PRESS RELEASE. Digital asset trading has long suffered due to high crypto exchange transaction fees, regulatory hurdles by regulators, and stringent crypto exchange rules. Then came CoinFloww, the most advanced digital asset exchange. Based on the world-class digital asset exchange technology, CoinFloww is proud to launch at a time when crypto exchanges are fighting for rights and struggling with a fraught market. The team behind CoinFloww Exchange is constantly improving the UX and UI so that users can trade easily. In addition, the team will update the new…