Multiple areas of the global financial industry have been significantly altered by the advent of crypto assets. The emerging asset class has taken the world by storm across a variety of industries, including services, entertainment, real estate, and financial accessibility, and it is on course to disrupt billions of dollars worth of markets in the…
The Metaverse Development Action Plan for China was presented to the public for the first time on August 23 by a local government agency in Beijing, which is the urban sub-center of the capital city. The years 2022 and 2024 would be covered by this strategy for a period of two years. The China Metaverse…
The investigation into Three Arrows Capital (3AC) that was requested by the liquidators has been given the go light by the Singaporean authorities. According to Bloomberg, which cites unnamed sources, the Singapore High Court granted a petition on Monday to acknowledge a liquidation order that had been issued against Three Arrows Capital by a court…
Bitcoin Depot, the company that operates the most bitcoin automated teller machines (ATMs), has just disclosed that it intends to take the company public through the use of a special purpose acquisition company (SPAC) deal. As part of the agreement to acquire GSR II Meteora (GSRM) for a total of $885 million, Bitcoin Depot will…
Boredom-Inducing Apes on MTV The NFT scene is making its way into MTV. This Sunday, at the MTV Video Music Awards, hip-hop megastars Eminem and Snoop Dogg are scheduled to perform a live show with an Otherside-themed theme. The performance, which is being developed in collaboration with Yuga Labs and has been described as “one-of-a-kind”…
The recent decision by the United States Treasury to prohibit the use of the infamous virtual currency mixer Tornado Cash has sparked a heated debate within the cryptocurrency community. The majority of cryptocurrency users, particularly software developers, have voiced their disapproval of the decision. At the beginning of this month, the United States Department of…
Famous Irish playwright George Bernard Shaw was of Irish descent. In the past, he advised that one should “never wrestle with a pig.” You simply become muddy, and the pig seems to take pleasure in it. To tell you the truth, I’ve been engaging in swine wrestling for the past few years. Of certainly not…
According to Nvidia‘s CFO Collete Kress, the company is unable to accurately anticipate how the decline in crypto mining will impact earnings in the second quarter. On Wednesday, this information came in lower than what analysts had anticipated. The semiconductor manufacturer disclosed its financial results for the three months ending on July 31, which showed…
It was announced on Thursday by the well-known cable television channel MTV that the iconic rap artists Snoop Dogg and Eminem are going to perform their hit tune “From the D 2 The LBC” on the upcoming episode of the popular show “From the D 2 The LBC.” The non-fungible tokens (NFTs) that originated from…
Leverage with a Decentralized Structure Trading in perpetual futures contracts is GMX‘s area of expertise, making it a popular decentralized exchange. After its initial launch in late 2021 on the Ethereum Layer 2 network Arbitrum and subsequent deployment to the Avalanche network, the project has swiftly gained interest by providing users with leverage that is…