The HBAR foundation, a nonprofit organization designed to accelerate the development of the Hedera Hashgraph ecosystem, has announced the launch of a new Metaverse fund. The fund, which launches with $250 million, will serve to entice builders and programmers to bring their metaverse products to the Hedera network and make use of its decentralized ledger technologies.
Bank of America strategists reportedly say that a shift in the macroeconomic landscape could be the catalyst that sends the crypto markets to higher prices.
European institutions are closing crypto loopholes for Russia with the latest package of penalties imposed by the EU over Moscow’s aggression against Ukraine. The new sanctions prohibit the provision of “high-value” crypto-asset services to Russian entities and residents.
Since free-to-use decentralized applications are possible, developers should have a path to acquire sources to support their DApp’s growth.
Elon Musk recently acquired a 9.5% stake in social media platform Twitter and joined the board last week. The tech billionaire has been serious about improving Twitter and preventing the influence of scammy accounts and bots on the platform.
Metaverse Crypto coins manage to hold support as cryptocurrency markets are starting to rebound. The global Metaverse market cap is holding firm above $34 billion according to CoinMarketCap, and we’re seeing several projects show considerable growth in the past 24 hours.
The mayor of the U.S. city of Miami, Florida, has unveiled his “Vision for Bitcoin America 2024.” Stressing that the U.S. needs to elect a pro-bitcoin president, he said “we need to integrate bitcoin into every aspect of our society” this year and “unleash the macro power of bitcoin.”