NFTs are something the users cannot resist nowadays. We are in a world where giant industries are embracing the notion of non-fungible tokens with open hands, and offering unique experiences to the fa...
Tag: Virtual
Madrid to Host World’s Biggest Virtual Reality Event
The Guinness World Record for most people using virtual reality currently sits at 1,867 participants and was recorded back in 2017, when the metaverse did not exist. The world’s largest virtual realit...
UAE Now Requires Agents to Report Real Estate Transactions Where Virtual Currency Is Used as Payment – Regulation Bitcoin News
The United Arab Emirates (UAE) has said it now requires real estate agents, brokers, and law firms to report to the Financial Intelligence Unit real estate transactions in which virtual currency is us...
The Largest Virtual Reality Event in the World to Hit Madrid
The largest virtual reality (VR) in-person event in the world will happen in Madrid. This is in aid of launching a new metaverse. MundoCrypto, a cryptocurrency training academy that operates in Spanis...
The Philippines halts virtual asset provider license applications
While many believe that the Philippines can become a new crypto hub, that dream may be shattered in the meantime as the country’s central bank announced a thre-year hiatus from accepting new virtual a...
Philippines to Block New Virtual Asset Licenses for Three Years
In a memorandum dated August 10, The Central Bank of the Philippines, also known as Bangko Sentral ng Pilipinas (BSP) says in September, the regular application window for new Virtual Asset Service Pr...
Philippines Central Bank to Suspend Issuing Licenses to New Virtual Asset Service Firms
The Bangko Sentral ng Pilipinas, the Central bank of the Philippines, announced on Thursday that it would close the regular application window for new virtual asset services providers (VASP) licenses ...
Task Force to Expedite Review of South Korean Virtual Asset Bills
South Korea’s top financial regulator has assigned a task force to “expedite the review process of bills on virtual assets,” said its chairman Kim Joo-hyun. The task force will consist of private-sect...
Crypto.com Secures Virtual Assets Service Pro…
Cryptocurrency exchange Crypto.com continues its global expansion after securing approval to operate as a virtual asset service provider (VASP) in the Cayman Islands. Singapore-based crypto exchange C...
Virtual Malibu Mansion Built And Owned By Paris Hilton
OG crypto sovereign Hilton is reinforcing her Web3 presence Sandbox provides a creative space that allows anyone to let their imagination come to life Paris World will have occasions for fans to go to...
Paris Hilton Builds Her Own Virtual Malibu Mansion in the Sandbox
Paris Hilton is moving permanently online. The Sandbox announced yesterday that it has partnered with the fashion icon to build her Malibu Mansion. The Sandbox, a subsidiary of Animoca Brands is a dec...
US Sanctions Virtual Currency Mixer Tornado Cash: What Will Be The Impact of This Crackdown?
In a major move, the US Treasury has sanctioned Tornado Cash, a virtual currency mixer, after news of money laundering of more than $7 billion cost of virtual currency since its foundation in 2019. T...
Crypto.com Acquires Electronic Financial Transaction Act and Virtual Asset Service Provider Registration in South Korea
The company did not specify, whether this means it can provide the entire range of its crypto trading services in the country or if there are still any conditions that must be met. Crypto.com has anno...
The Central African Republic Is Building Its Own Virtual Asset
The Central African Republic (CAR) has come a long way in the digital currency space. The nation was the second in the world to declare bitcoin legal tender within its borders, clearly following in th...
Aleo to test Virtual Machine ahead of mainnet launch
Layer 1 blockchain Aleo will launch the Aleo Virtual Machine (AVM), a computational platform to run privacy-focused apps on its network, as it looks to attract developers to its ecosystem. While Aleo...
YoBit Launches Its Virtual Sneaker Project YoStep
About YoBit Exchange YoBit, established in 2014 in Panama, is a well-known online crypto exchange developed by European crypto enthusiasts and developers. The online digital asset trading platform all...
The Sandbox Creating a Virtual Home & NFT Art for Alec Monopoly
The Sandbox recently announced joining hands with the globally-renowned DJ and graffiti artist Alec Monopoly. The collaboration will see The Sandbox creating a digital home for Alec with exclusive NFT...
Polygon Faces Backlash As Polygon’s zkEVM is Ethereum Virtual Machine (EVM) Compatible, Not EVM-Equivalent
– Advertisement – Polygon has been dishonest about its status as an Ethereum Virtual Machine (EVM)-equivalent; in reality, their zkEVM is an EVM-compatible system. Fully agree with this ...
Xiaomi files patent to develop blockchain virtual characters
Xiaomi is one of the biggest mobile phone and tech companies in the world The patent mentions that the creation of these characters will be randomized Characters would employ decentralized blockchain...
Unique Aging NFT Novatar Mint Commences Along With Immersive Virtual City
A unique collection of 25K Novatars is a one-of-a-kind creation resulting from a complex AI algorithm that considers factors such as race, ethnicity, and skin tone. Each NFT infant has distinct charac...