Bitcoin critic Peter Schiff to launch NFT collection with ordinals

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Peter Schiff, a long-time critic of cryptocurrencies and a vocal detractor of NFTs, is preparing to launch his own NFT art on the bitcoin blockchain. According to a tweet sent out on May 26, the release will be done in collaboration with the artist Market Price. Not backed by gold Peter Schiff, the CEO and chief strategist of Euro Pacific Capital, has been known for his unwavering belief in the value of commodities such as gold,…

The Hong Kong Police Force launch new metaverse platform, ‘CyberDefender’

The cyber security unit of the Hong Kong Police Force have launched CyberDefender, a new metaverse platform designed to educate the public of the potential dangers associated with Web3 and the metaverse. According to a May 27 statement, the Cyber Security and Technology Crime Bureau (CSTCB) of the Hong Kong Police Force unveiled a new metaverse platform, CyberDefender, in an effort to prepare its citizens for the “challenges ahead in the digital age” with a focus on technology crime prevention. “Exploring the Metaverse” event in the CyberDefender metaverse on May…

ECB sums up digital euro prototyping exercise as it nears possible pilot launch

The European Central Bank (ECB) has published a summary of the results of its digital euro central bank digital currency prototyping exercise. The exercise investigated offline use of a simulated digital euro and four other instances of interoperability with existing payments systems. The project was part of the second phase of Eurosystem preparations for a potential pilot launch of a digital euro in the fall of this year. The exercise ran from July 2022 to February 2023. Eurosystem developed a centralized settlement engine for the exercise called N€XT that used…

ESMA warns of unregulated crypto before MiCA launch

The European Securities and Markets Authority (ESMA) has recently urged cryptocurrency companies to explicitly label cryptocurrencies as unregulated when offered to investors, amid concerns about potential investor protection and financial risks. The European Securities and Markets Authority (ESMA), an EU regulatory body, recently spotlighted concerns about the risks present in the cryptocurrency sector. The ESMA along with the National Competent Authorities (NCAs), in a recent announcement, advocated that if a company presents cryptocurrencies to investors, it should explicitly indicate that these assets are unregulated. Intriguingly, such propositions are being promoted…

Binance and Gulf Innova to launch crypto exchange in Thailand in Q4 2023

Cryptocurrency exchange Binance continues expanding its global reach by securing new regulatory approvals in Thailand. Gulf Binance — a joint crypto venture of Binance and Gulf Energy’s innovation arm Gulf Innova — has received digital asset operator licenses from Thailand’s Ministry of Finance. The licenses enable the firm to operate a crypto exchange regulated by the country’s Securities and Exchange Commission. Announcing the news on May 26, Binance said Gulf Binance is set to launch a new digital asset exchange in Thailand by Q4 2023. The new crypto venture will…

Virgin Galactic to Conduct Flight Test as it Eye Space Launch

American spaceflight company Virgin Galactic has announced preparation for a highly anticipated milestone as it prepares to launch its first spaceflight in nearly two years. This crucial flight serves as the Virgin Galactic Holdings‘ (NYSE: SPCE) final test before the company begins flying commercial passengers, marking a significant step forward in the realization of its space tourism vision. The mission called ‘Unity 25’ represents the company’s fifth space voyage and is expected to launch from Spaceport America in New Mexico. According to reports, six Virgin Galactic staffers will be traveling…

Coinbase Base Network Releases Roadmap to Mainnet Launch

Coinbase has unveiled the “Path to Mainnet” for its Ethereum Layer 2 network, Coinbase Base, outlining criteria to be fulfilled before the launch. They have revealed a five-point criteria. In the latest, crypto exchange Coinbase revealed the “Path to Mainnet” outlining the roadmap for the mainnet launch of Coinbase Base. The outline doesn’t mention the timeline of mainnet launch, however, lists five specific criteria to satisfy before the launch. Of the five, Coinbase has satisfied five criteria so far. 1/ Base is gearing up for mainnet with safety and security…

Exchange Token BGB Has Made 3,000% Since the Launch – New ATHs on the Horizon

HodlX Guest Post  Submit Your Post   It pays to be early in crypto. But if you can’t be early, you can still make money from being late – provided you’re not the last one in the door. No one wants to exit liquidity for tokens that have pumped massively, making their early adopters wealthy while leaving laggards to fight over single percentage-point gains. Just like exchange tokens such as BNB and KCS, Bitget’s BGB has pulled four-figure profits for those with the luck or wisdom to buy early and ‘hodl’…

Instagram to reportedly launch text-based app to rival Twitter

In a secret meeting with select creators, Instagram’s parent company, Meta, reportedly revealed its plan to launch a text-based conversation app. The leaked screenshots of the alleged upcoming app show a user interface similar to Twitter. Instagram’s plan to rival Twitter was uncovered by Lia Haberman, an influencer marketing and social media marketing teacher at the University of California, Los Angeles Extension. According to Haberman, although the text-based app is built on top of Instagram, it is decentralized and will function as a separate app. The app will also be…