A major goal in investing the money is to increase the wealth, and the amazing way to do the job is through making passive income. Passive income makes your money beneficial by investing in various useful assets such as NFTs (non-fungible tokens). However, the market of NFT has been increasing into the major sector of the crypto industry since 2021.
Metaverse skeptics fear the prospect of unprotected data and large-scale user surveillance on a scale never seen before. Ironically, the largest company pushing the Metaverse, Meta (previously known as Facebook), has faced its own fair share of privacy scandals in the internet’s current iteration, culminating in Mark Zuckerberg being infamously hauled before the United States Congress to answer for Facebook's inability to combat hate speech and data privacy violations.
The Kingdom of Saudi Arabia is looking into the possibility of implementing blockchain technology across its government as well as allowing the use of cryptocurrencies. However, an official said the kingdom can only successfully build blockchain-based solutions if it hires people that are proficient in this technology.
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The world’s most valuable currency begins the day on a flat note near $40,000 and then moves into a fairly narrow range. Despite this, the present market movement is attracting buyers for new upside positions. BTC fell about 6 percent in the previous session, breaking below the critical $40,000 barrier.
Fidelity Investments, a major financial services firm with $11.3 trillion in assets under administration, has entered the metaverse with the opening of an eight-story learning center and the launch of a metaverse exchange-traded fund (ETF). The Fidelity Stack features “a multi-level design complete with a lobby, dance floor, and rooftop sky garden for users to explore on foot – or even through teleport.”
Polygon, the popular Ethereum scaling platform, has been broadening its ecosystem. The protocol announced today that it is committing $100 million to promote the development and adoption of Supernets, its application-specific blockchains with higher performance.
The traction that Shiba Inu (SHIB), the second-largest memecoin, has gained has been getting all kinds of wanted and unwanted attention. Kaal Dhairya, a Shiba Inu developer, has warned that there are an increasing number of scam tokens trying to associate themselves with the viral memecoin.