Author: Donald Munn

The metaverse seems to be generating a lot of hype that is being held back by certain risks, including cybercrime.  Risks of cybercrime in the metaverse Discussing this disturbing possibility is Prabhu Ram, head of the industry intelligence group at CyberMedia Research on CNBC. He gives a concrete example. Two avatars, a boss and an employee talk about a multi-million dollar deal in the metaverse and break up. Then they meet again and the boss knows nothing about the previous conversation. A phenomenon called deepfake has happened, whereby one avatar has replaced another, with the same appearance. It’s a very…

Decentraland announces the start of Metaverse Fashion Week (or MVFW), featuring more than 60 participating brands, artists and designers at the first-ever fashion week in the metaverse.  Users will enjoy runway shows, afterparties, shopping, and immersive experiences in the virtual world!  Metaverse Fashion Week in Decentraland from 23 to 27 March 2022 The big day is here and Decentraland is pleased to kick off the first Metaverse Fashion Week (MVFW) which will run until 27 March. A few days ago, the metaverse on Blockchain had shared with its followers and non-followers how to access the MVFW. With fashion week just…

PRESS RELEASE The leading digital asset and cryptocurrency trading platform MEXC Global launches the futures trading competition to reward futures traders from March 25th 10:00 to March 30th 10:00 (UTC). Besides the 50,000 USDT prize pool, traders stand a chance to win Tesla Model 3 and more rewards! How MEXC Global Futures Trading Competition works During the competition, users who trade USDT-M perpetual futures with a certain trading volume will be ranked according to the profit rate of the users and Top 200 users will share the 30,000 USDT prize pool. A brand new Tesla Model 3 will be given…

Some predictions are starting to circulate that after the Merge the price of Ethereum (ETH) could reach $10,000. Ethereum towards $10,000 with the Merge? However, these do not seem to be true predictions supported by data and analysis, but rather hypotheses that are a bit far-fetched, although theoretically possible.  The Merge, i.e. the transition from the current legacy blockchain based on Proof-of-Work to the new Beacon Chain based on Proof-of-Stake, seems likely to take place as early as 2022.  The most popular assumptions in this regard are that it could take place between June and September.  The price of Ethereum…

Since El Salvador decided to make Bitcoin legal tender in the country on 7 September, rumours have been circulating as to which country might be the next to legalize Bitcoin, and Honduras is among the most likely. Will Honduras legalize Bitcoin? According to experts, Honduras and Guatemala were already considered the most likely countries to take such a step. Now, for some days, rumours have been intensifying that Honduras is close to making such a decision.  The rumours have been officially denied by a statement of the Central Bank of the country, which would have denied a short-term hypothesis of…

Italian luxury multibrand Michele Franzese Moda has announced that it is accepting cryptocurrencies such as Bitcoin, Ethereum, Cardano, Litecoin and many others as a method of payment. Michele Franzese Moda accepts cryptocurrencies thanks to Coinify Michele Franzese Moda is reportedly the first major Italian multi-brand luxury retailer to accept cryptocurrencies.  Specifically, the new integration as a payment method was made possible thanks to a collaboration with Voyager Digital Group’s Coinify system, which allows all e-commerce and Android users to select crypto.  The digital currencies accepted by Michele Franzese Moda are: Bitcoin, Bitcoin Cash, Bitcoin SV, Cardano (ADA),  Dogecoin, Ethereum, Voyager…

The Australia and New Zealand Banking Group (ANZ) has announced that it will issue a stablecoin pegged to the Australian dollar. It will be the first bank on the continent to do so.  Bank Australia’s stablecoin The token will be issued on the Ethereum blockchain, and will always have the value of 1 Australian dollar.  One Australian dollar (AUD) is worth about $0.75 in US dollars (USD), and over the past year its dollar value has fluctuated between $0.70 and $0.78.  According to Reuters reports, the bank has already made a first payment with its new stablecoin.  The new token…

Coinbase announces the expansion of its staking offerings to include Cardano (ADA). The current estimated annual return for Cardano staking on Coinbase is ~3.75% APY. Coinbase adds Cardano (ADA) to its staking offerings Coinbase announced that it has expanded its staking offers in its portfolio to include Cardano (ADA), the seventh-largest crypto by market capitalization.  More @Cardano. More staking. We have officially expanded staking offerings to include $ADA so you can begin earning rewards on your crypto! Read more here → https://t.co/DgGBE2Kn0wSee $ADA info here → https://t.co/wy54lLRcQU pic.twitter.com/6T6ZF9FPkq — Coinbase Assets (@CoinbaseAssets) March 23, 2022 “More Cardano. More staking. We…

Following the NBA and MLB, the professional basketball and baseball associations of America, the NFL has now decided to open its doors to sponsorship by crypto and blockchain companies.  Crypto sponsorship in the NFL, the conditions After a long diktat, which prohibited member teams from tying their brands to companies linked to the sector, the NFL has decided to open up to partnerships, although there’s still a ban on promoting specific cryptocurrencies and fan tokens. According to what Joe Ruggiero, the NFL’s head of marketing and consumer products, told US TV channel CNBC, sponsorships between teams and blockchain companies can…

The lawsuit between Ripple and the SEC is not near a conclusion yet and anything can still happen but the latest developments give optimism to the company that issued the XRP tokens.  The latest developments in the Ripple-SEC lawsuit The latest developments say that Judge Annalisa Torres has denied an SEC motion that countered Ripple’s defence that it would not have been notified about the fact that the SEC considered the sale of XRP tokens, which took place back in 2013, to be irregular. Ripple general counsel Stuart Alderoty commented enthusiastically:  “Today’s order makes it clear there’s a serious question…