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......

Asia’s Largest Web3 Event TOKEN2049 Exclusively Unveils NFT Assets Valued Over US$100 Million

COMMUNIQUÉ DE PRESSE. SINGAPORE — 25th September 2022 — TOKEN2049, Asias premier crypto conference, announced that it will be showcasing a first-of-its-kind, immersive NFT experience, entitled the OP3N WHALE NFT Exhibition, at its upcoming Singapore edition from 28 à 29 septembre. Le......

Erdogan Suggests Turkish-Russian Payment System, Local Media Reports

Turkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them. The initiative comes amid U.S. pressure against the use of the Russian Mir cards in Turkey. Some Turkish banks have been......

Huobi Partners With Astropay to Facilitate Fiat Payments in Latam

Huobi mondial, one of the biggest exchanges in volumes traded, has announced a partnership to make it easier for its Latam-based customers to acquire cryptocurrencies. The exchange has allied with Astropay, a payment services platform, to allow customers in Latam to......

‘Ultra Sound Money’ — Post-Merge Stats Show Ethereum’s Issuance Rate Plunged After PoS Transition

Months before Ethereum transitioned from proof-of-work (PoW) à la preuve de participation (Point de vente), a simulation of The Merge had shown the networks issuance rate would drop following the ruleset change. Statistics now show that the simulations predictions have come to fruition as the network’s......

UK Regulator Warns Crypto Exchange FTX Is Providing Services Without Authorization

Britains top financial regulator, the Financial Conduct Authority (FCA), has issued a warning about cryptocurrency exchange FTX operating in the U.K. without authorization. “Almost all firms and individuals offering, promoting or selling financial services or products in the U.K. have to......

European Union to Launch Global Metaverse Regulation Initiative in 2023

The European Union (MOI) will present an initiative to address the metaverse and all the activities and interactions happening in it sometime in 2023. La proposition, which was qualified askeyin the State of the Union letter of intent authored......

Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin

The Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, les Etats Unis. Office of Science and Technology Policy published a report that claims......

Linux Launches Foundation to Bolster Open-Source, Multi-Purpose Crypto Wallets

BK, the non-profit technology consortium, the Linux Foundation, announced the launch of the Openwallet Foundation (OWF) in order to bolster the development of open-source crypto wallets. OWFs goal is to increaseinteroperability for a wide range of wallet use cases”......