Chinese cryptocurrency exchange Huobi is planning to re-enter the U.S. market more than two years after it ceased operations to comply with regulations, as reported by CNBC. But Huobi might not launch an exchange and instead could focus on other areas such as asset management after missteps last time around, according to the company’s co-founder Du Jun.
Earlier this month, Australian billionaire Andrew Forrest announced that he will be taking Facebook to the court on account of several crypto scams ads running on the platform under his name.
Legend of Fantasy War (LFW) is up over 31% today, making it the top Metaverse coin gaining the most price today on CoinMarketCap.
Bitcoin price attempted a recovery wave above USD 38,000. However, BTC failed to surpass the USD 39,500 resistance level and is currently (04:22 UTC) trading near USD 36,700, dropping 6% in a day and reaching almost three-weeks lows.
Indian police have arrested 11 people so far in connection with a fraudulent cryptocurrency scheme that has duped about 2,000 investors out of $5.4 million.
The Cardano blockchain has experienced an explosion in on-chain activity and now trails only Bitcoin in current 24-hour transaction volume, surpassing Ethereum in the process according to Messari.
English football club Manchester City and its new partner Sony have started construction of a virtual replica of the Etihad Stadium, which will serve as the team’s Metaverse hub.
Senator Sydney Kamlager of California’s 30th Senate District, which covers portions of downtown Los Angeles, has presented a law that would change the state’s system to allow the acceptance of crypto for certain types of payments.
A cryptocurrency-based restaurant has opened in Dubai and is accepting payments in every major cryptoasset for food based on the meme-inspired cryptocurrency Dogecoin ($DOGE). The restaurant is a virtual one available through delivery.