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South Korea Sky Dives as it invests $187M in national Metaverse project

Ranking as 10th in the world by nominal gross domestic product (GDP) with its GDP growing from $943.94 billion in 2009 to over $1.63 trillion in 2020 as it retains a firm position as the 4th largest in Asia which has made it a force to appeal with which multi-billion

Ethereum Gets an Upgraded Scaling Testnet

Ethereum, a decentralized platform powered by blockchain technology has started implementing a series of upgrades called Ethereum 2.0 that includes a transition to proof of stake and aims to increase transactions just got bigger with the new feat it attained via zkSync. zkSync, a protocol responsible for implementing Ethereum scaling

Introducing “Metabonding”

Web 3.0 is the next iteration of the internet that focuses on decentralization. It aims to create a level of transparency, where smart contracts will control user data and transactions instead of centralized organizations. Having experienced different Web inventions, Web 3.0 came with its own unique feature which gives its

Binance stakes $200m in Forbes: Giant Web 3.0 frontier

Binance, the world’s largest cryptocurrency exchange by trading volumes, has made a strategic investment of $200m in the 104-year old magazine, Forbes, in a bid to improve consumer understanding of cryptocurrencies and blockchain. Forbes, founded in 1917, was for decades family-owned with a name made, covering the titans of the

Your Identity is your Most Important Asset

With so many diverse projects signing up and claiming their spot on the metaverse, Web 3.0 holds so much promise for decentralization and consumer utility outside of traditional technology service provision. Undoubtedly, Web 3.0 is still nascent and is constantly evolving. Having understood the risks that abound within this space,

Thailand’s Oldest Bank SCB Snubs Ripple, Chooses Stellar-based Blockchain for Cross Border Remittances

Thailand's oldest bank, the Siam Commercial Bank (SCB), has avoided Ripple and partnered with Lightnet, which is a fintech company for cross border remittances.  A news article on Bitcoin News says that Siam Commercial Bank (SCB), which is the oldest bank in Thailand, has avoided Ripple but partnered with Lightnet. The

Morgan Stanley Strategist Feel Bitcoin Can Replace the US Dollar as World’s Reserve Currency

The global strategists at Morgan Stanley feel that Bitcoin can replace the US Dollar as the world's reserve currency.  A news article on Bitcoin News stated that strategists at Morgan Stanley have warned that Bitcoin can replace the US Dollar as the world's reserve currency. They have warned not to assume

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