Shanghai, China’s largest city by population, has announced its intention to include the metaverse in public services and other enterprises over the next five years.
Liechtenstein-based crypto exchange LCX has confirmed the compromise of one of its hot wallets after temporarily suspending all deposits and withdrawals on the platform.
Metaverse crypto coins have seen significant price gains in Q4 2021. Even though crypto markets are struggling right now, Metaverse crypto coins are holding support well, with some gaining over 1000% in the past 24 hours.
The U.S. Securities and Exchange Commission (SEC) has charged an Australian citizen who called himself the “Man behind the Machine” in a fraudulent crypto scheme that raised almost $41 million. He and his companies made “materially false and misleading statements in connection with an unregistered offer and sale of digital asset securities.”
The cryptocurrency market today saw mixed results, although market leaders Bitcoin and Ethereum still did not see any major gains. While the majority of the Altcoins traded in red.
When it comes to Web3, “creativity might not be enough,” as per Signal’s creator Matthew Rosenfeld, also known as Moxie Marlinspike.
After the popularity of DeFi, came the rise of nonfungible tokens (NFTs) and to the surprise of many, NFTs took the spotlight and remain front and center with the highest volume in sales, occuring at the start of January 2022.
Investors from Pakistan have become victims of a massive fraud using cryptocurrency. The country’s main law enforcement agency has issued a notice to crypto exchange Binance in relation to the scam which resulted in the loss of $100 million dollars for Pakistanis, media reports revealed.