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Chinese Metaverse Industry Raises $780 Million In Funding China’s Metaverse industry has reportedly raised around $780 million in funding, and the industry is expected to grow to $5.8 trillion by 2030. So far, there are 160,000 virtual human enterprises in China, and it is reported that 20 provinces and cities across the country support Metaverse. Developing the Metaverse According to local media reports, China Metaverse Industries has raised $780 mill.. 2022. 9. 5.
New BAYC boss scammed just two hours after buying $116,000 in NFTs Just two hours later, the proud owner of a Bored Ape purchased for $116,000 fell victim to a scammer. The latest incident is just one of many Bored Ape thefts in August, as owning one of the ape NFTs has become increasingly volatile. Now you own a Bored Ape The latest Bored Ape theft was made public on Twitter this Saturday thanks to investigative work from crypto sleuth ZachXBT. The NFT was qui.. 2022. 8. 24.
Weekly Ethereum Staking Deposits Hit Record Low Just Weeks Before Merge The number of weekly ETH deposits sent to the beacon chain hit an all-time low less than a month before Ethereum transitioned to proof-of-stake, according to Dune Analytics. The reasons for the recent drop are varied, from speculators betting on new airdrops to others worried that the merger won't go as planned. Hildebert Moulié, a data scientist at Dragonfly Capital who goes by the pseudonym Hi.. 2022. 8. 24.
Governments need to create a framework for cryptocurrency adoption The delay in formalizing regulation for the crypto industry hampers both entrepreneurial operators and institutional adoption. Consumer protection is at the forefront of concern for government bodies, but we are yet to see clearer guidelines under which consumers can be protected. New assets and digital products are being rapidly developed, making it difficult to separate the businesses that put.. 2022. 8. 23.