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“# ‘$1T opportunity’: JPMorgan becomes first major bank in the Metaverse ” The largest bank in the US, JPMorgan, has taken a massive step into the Metaverse, opening a virtual lounge in the popular blockchain-based world Decentraland after it labelled the sector as a “$1 trillion opportunity.” Visitors to the lounge, situated in Decentraland’s Metajuku…
“# Traders say $4,000 Ethereum back on the cards ‘if’ this bullish chart pattern plays out ” Global and macroeconomic concerns ranging from rising inflation rates in the United States to the prospect of Russia invading Ukraine continue to spark volatility in financial markets. To the surprise of many analysts, the mood in the cryptocurrency…
“# CryptoPunks community reacts to the ongoing copyright battle between v1 and v2 ” During its initial release, 10,000 CryptoPunks were sold and made it to the secondary market before users discovered a critical smart contract exploit that made it possible for Punks’ buyers to withdraw their Ether (ETH) post-purchase. As a result, creator Larva…
“# Here’s why the SEC keeps rejecting spot Bitcoin ETF applications ” It is not the first time the U.S. Securities and Exchange Commission (SEC) rejected proposals for a Bitcoin spot exchange traded product (ETP), but efforts continue to be made by different financial institutions. The recent attempt made by Cboe BZX Exchange on Jan….
“# OpenSea customer service migrating from Discord to Metalink to more adequately protect its community ” On Tuesday, nonfungible token, or NFT, platform OpenSea launched a server on Metalink to give the verified owners of its collections a direct channel for support, feedback and updates. In addition, OpenSea said it would no longer offer customer…
“# Monero community concerned as leading mining pool nears 51% of ecosystem’s total hash rate ” On Tuesday, privacy coin Monero (XMR) mining pool MineXMR’s hash rate surpassed over 1.4 GH/s, accounting for 44% of the hash rate of the XMR network. MineXMR has about 13,000 miners and charges a 1% pool fee. According to…
“# What are the top metaverse projects besides The Sandbox and Decentraland? | Watch The Market Report live ” This week on “The Market Report,” we jump right into our main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth, Sam Bourgi and Ornella Hernández as they debate each other on the top metaverse projects on…
“# Mastercard expands consulting with crypto-dedicated practices ” Continuing its goal to pursue a spot within the crypto industry, Mastercard recently announced that the firm is expanding its consulting business with practices that are dedicated to crypto. In the announcement, Mastercard’s data & services president Raj Seshadri says that the financial institution will continue to…
“# LooksRare team cashes out $30M in WETH, faces community backlash ” LooksRare, a nonfungible token (NFT) marketplace touted to be the OpenSea killer, became the talk of the NFT world after the team behind the project cashed out millions in Ether (ETH). The NFT marketplace confirmed that the core team has cashed out 10,500…
“# Digital ruble trial goes live as Bank of Russia insists on Bitcoin ban ” Amid more reports on the Bank of Russia rejecting the Finance Ministry’s proposal of cryptocurrency regulation, the central bank has kicked off trials of its own digital currency. The Russian central bank has officially launched the digital ruble trial, successfully…