As the metaverse expands, spatial domains have become increasingly important for individuals and businesses. These virtual spaces and lands within the metaverse can be used for various purposes, including entertainment, education, and commerce. One way to control your digital identity and assets within the metaverse is through spatial domains. You can
Tag: cryptocurrency
Justin Sun Wants TRON to be a Legal Tender in Five Nations by 2023
This year, Justin Sun, TRON's creator, plans to get TRX, the cryptocurrency Tron uses, recognized as legal tender in five nations. Sun tweeted that while the target is "ambitious," he is "confident" in its attainability. In a different Twitter thread, he emphasized the need to seek beyond the United States
How Has the Rise in Crypto Price Affected the Trading of Key NFT Collections?
Sales at Bored Ape Yacht Club have dropped by 22 percent in the last week. Even though bitcoin and ether have increased in price by 23% and 21%, respectively, the trading volume and the number of sales for significant NFT collections have decreased. Trading activity and sales have dropped drastically
El Salvador’s Legislature Passes Landmark Digital Securities Bill for Bitcoin Bonds
The Salvadoran legislature has approved legislation that will allow for the issuance of bitcoin bonds proposed by President Nayib Bukele. El Salvador was planning to issue a billion dollars worth of bonds on Blockstream's Liquid Network, a federated Bitcoin sidechain, back in November 2021. Half of the proceeds from the bond
Italy Govt Approves 26% Crypto-Gains Tax in 2023 Budget
According to Cryptoslate's reporting, on December 30, the Italian Parliament will begin collecting a 26% tax on gains from cryptocurrency trading of more than €2,000. According to Cryptoslate, this new rule will be included in Italy's budget for 2023. The budget defines a cryptocurrency as "a digital asset that can be
Top 10 Web3, Crypto, and Metaverse Trends to Expect in the Near Future
Web3 is the new internet, judging by its rapid growth. Web3 emphasizes that blockchain, cryptocurrencies, non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs) might help us build online spaces we genuinely own and even digital democracies. Web3's unlimited browsing and internet freedom quickly conquer our hearts and smart devices. And despite
Drift – a crypto trading protocol relaunches into the Solana DeFi landscape after 8 months of absence
Solana's decentralized finance (DeFi) scene is set to welcome the return of a long-absent player as Drift, a Solana-based perpetual swaps trading protocol goes live with its revamped and feature-rich second version on Friday. Drift v2 brings more than just the traditional derivatives trading that was popular during the 2021-2022 bull
Unbanked announces its cryptocurrency card launch in the UK and other select European countries
Everybody agrees that for blockchain technology to gain mainstream adoption, its applications must integrate seamlessly into our daily lives. For example, online banking and social media accounts are just a few aspects of the internet we use daily without thinking about how they work. Now imagine how close we would be
Panoptic, a Uniswap-based DeFi protocol, raises $4.5 million
Panoptic, a Uniswap-based decentralized finance (DeFi) technology, recently raised $4.5 million to develop a decentralized framework for options trading. Panoptic recently announced its most recent round of funding led by Gumi Cryptos Capital. Several noteworthy investors followed suit, including Coinbase Ventures, Uniswap Labs Ventures, Avalanche Foundation's Blizzard Fund, Jane Street, and
“Back the Buidlers”: Best practices for Web3 innovation to strengthen the crypto industry
Blockchained India, in collaboration with Metapolis – the world's first Metaverse-as-a-service company and CoinDCX – India's largest crypto exchange, is presenting an unconference titled 'Back the Buidlers.' The unconference aims to provide best practices for innovators and investors to make the most of the current bear market. Those who have been