On the 6th of January 2021, an attack on the US Capitol would become one of the most widely documented acts of political violence in history. Following the groundbreaking incident, where a violent group of Trump supporters stormed the Capitol, Facebook made an unprecedented announcement that it would be banning the US president from its platform and subsidiary, Instagram.
U.K’s Advertising Standards Authority (ASA) has banned seven cryptocurrency advertisements. The ads are for Papa John’s Pizza, Coinbase, Kraken, Etoro, Luno, Coinburp, and Exmo. After evaluation, the U.K. advertising watchdog says that the ads are “misleading” and “irresponsibly taking advantage of consumers’ inexperience and for failing to illustrate theErisk of the investment.” U.K’s advertisement regulator had earlier banned crypto ads as well.
Solana Ventures, the investment arm of Solana Labs, has announced a new investment fund to bring more Web3 products to its network. In partnership with Forte, a company that provides tools for blockchain integration on games, and Griffin Gaming, a VC company invested in the global gaming market, Solana Ventures will open a $150 million fund.
Metaverse crypto games are going to be the next big hype in 2022. Most projects are still in the early stages of their development, but we already have a few leaders like Decentraland and The Sandbox with multi-billion dollar valuations. The crypto ecosystem moves fast, and there are always new gems on the rise. Let’s look at five underrated Metaverse crypto games built on Solana to watch in 2022.
Large transactions of the meme-inspired cryptocurrency Dogecoin ($DOGE) have jumped by 148% shortly after the CEO of electric car maker Tesla, Elon Musk, announced the firm was going to accept DOGE payments for merch.
A bipartisan group of U.S. senators have called on Treasury Secretary Janet Yellen to clarify the language in the infrastructure bill signed into law by President Joe Biden around the tax reporting requirements on crypto.
Kraken founder and CEO Jesse Powell has revealed that his exchange will soon support non-fungible tokens (NFTs).
Sound is the latest Web3 startup with plans to use NFTs to disrupt the music industry.