A Recent SEC Filing Shows the World’s Largest Asset Manager Blackrock Plans to Launch a Metaverse ETF

According to a recent filing, Blackrock, the multi-national investment company based in New York City and the worlds largest asset manager, has plans to create a new exchange-traded fund (ETF) based on metaverse companies. The funddubbed the Ishares Future......

Chinese Central Bank Says It Will Prioritize Stabilizing Currency After Yuan Plunges to 14-Year Low Versus USD

Moments after the Chinese yuans onshore exchange rate versus the U.S. dollar slumped to 7.2458 per dollar, the Peoples Bank of China responded by stating that it will prioritize stabilizing the currency. Similar to other currencies that have been depreciating against......

Bitcoin, Ethereumi tehniline analüüs: Market Volatility Remains High, as BTC Climbs Above $19,000

Volatility in cryptocurrency markets remained high on Thursday, as markets began to consolidate following a recent red wave. Bitcoin was back above $19,000 in today’s istungil, with ethereum also rebounding following recent losses. Kirjutamise seisuga, the global crypto market cap......

Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Päevad

Just over two months or approximately 83 päeva tagasi, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market......

Bitcoin Network’s Mining Difficulty Drops for the First Time in 2 Kuud

Following four consecutive Bitcoin mining difficulty increases, the networks difficulty dropped for the first time in 68 päevadel, sliding 2.14% ploki kõrgusel 756,000 teisipäeval. The change means its currently 2.14% easier to find a bitcoin block reward following the......

Spanish Telecom Giant Telefonica Partners With Qualcomm to Develop Joint Metaverse Initiatives

Telefonica, one of the largest telecom carriers in Spain, and Qualcomm, the fabless chip designer, have inked a partnership to advance joint extended reality and metaverse initiatives. Telefonica will use Snapdragon Spaces, a new technology from Qualcomm, to bring these metaverse......

More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo

Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that Nexos Earn Interest Product (EIP) may be in violation of securities......

South African Financial Services Giant Nedbank Secures a ‘Village’ in the Metaverse

The South African financial services giant, Nedbank, is reported to have acquired a village in the metaverse. The village will be used to showcase African creativity and to create experiences thatgo beyond banking.By securing a virtual property in Ubuntuland,......

Nicolas Maduro Tempts West With an Abundance of Oil and Gas, Venezuelan President Wants Sanctions Lifted

Amid the economic rumblings across the world and the energy crisis in Europe, Venezuelan president Nicolas Maduro has said his country is ready to step up and help with oil. Despite the fact that Venezuela has the largest supply of crude......