Report: South Korea to Recruit Companies for Metaverse Content Creation Project

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Post Views: 163 The South Korean science and ICT ministry has said it will recruit companies that will participate in its 2022 Metaverse Content Creation Project. A director in the ministry said the project is being promoted as part of the country’s industry-leading metaverse strategy. Meanwhile, Heo Won-Seok, director of software policy at the Ministry…

Citigroup CEO: Europe More Likely to Head Into Recession Than US

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Post Views: 156 Citigroup CEO Jane Fraser warns that a recession is more likely in Europe than in the U.S. Nonetheless, she stressed that it is not easy for the U.S. to avoid a recession. Citigroup CEO Jane Fraser warned about the health of the global economy Friday, Reuters reported. Citi is the third-largest…

Elon Musk Accuses Twitter of ‘Material Breach’ of Agreement — Threatens to End $44B Deal

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Post Views: 179 Tesla and Spacex CEO Elon Musk believes that Twitter is in material breach of the merger agreement with him, so he has the right to terminate the deal. The social media giant has refused to provide critical information relating to spam and fake accounts on its platform, Musk’s legal team explained. Twitter…

Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful

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Post Views: 157 The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to preserve the rights of American investors to choose how to invest money in their own retirement accounts.” This lawsuit seeks to preserve the rights of American investors to choose how to…

Bitso Partners With Addem Capital to Provide Cryptocurrency Investment Instruments in Latam

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Post Views: 184 Bitso, the Mexico-based cryptocurrency exchange, has announced a new partnership with Addem Capital, a debt fund that provides startups and other companies with financing options. The cryptocurrency exchange will process payments for the fund and provide conversion functions, allowing it to accept cryptocurrency as part of its payment options. Cryptocurrencies and DeFi…

Advantages of IRS Form 2290 E-Filing

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Eurovision Winners’ NFT Auction Raises $900K for Charity

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Post Views: 166 Kalush Orchestra, the winners of the Eurovision Song Contest 2022, have successfully auctioned off an NFT for charity. The auction was held on MetaHistory — the official Ukrainian charitable NFT museum – and raised $900,000 in cryptocurrency for Ukraine. The largest European crypto exchange originating from Ukraine, WhiteBIT took home the iconic…

LUNA 2.0 Token Loses 56% Since Last Week, Whistleblower Accuses Terraform Labs of Owning Shadow Wallets

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Post Views: 108 After climbing to $11.33 per unit seven days ago on May 30, Terra’s new LUNA 2.0 token has lost more than 56% in value against the U.S. dollar. Amid the market performance, a number of former Terra-based decentralized finance (defi) projects are transitioning over to the new Phoenix-1 blockchain. In addition to…

Wild West-Based Battle Royale Blockchain Game Grit Gets Listed on the Epic Games Store

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Post Views: 123 On June 6, the Web3 entertainment company Gala Games announced that the Wild West-focused battle royale blockchain game Grit will soon be available via the Epic Games Store and accessible to 194 million users. The well known company Epic Games is the producer of the Unreal Engine and the popular online video…