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Weekly News

WEF 2022: Metaverse should be developed from children’s perspective, says Lego VP

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

A Lego Group vice president believes the Metaverse will be a disruptive force that will change the way people learn things, especially children. The Metaverse and Web3 dominated discussions on…

Continue ReadingWEF 2022: Metaverse should be developed from children’s perspective, says Lego VP

‘Yikes!’ Elon Musk warns users against latest deepfake crypto scam

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

Deepfakes abound! Crypto scammers produce a deepfake video of Elon Musk's TED talk to prey on unwitting social media users. Tesla CEO Elon Musk distanced himself from yet another fabricated…

Continue Reading‘Yikes!’ Elon Musk warns users against latest deepfake crypto scam

U.S. dollar index retreats from 20 year highs — But will DXY topping spark a Bitcoin recovery?

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

Strong euro and overbought readings could pressure the dollar further, showing signs of topping out — Bitcoin at risk of falling. The United States dollar index (DXY) retreated broadly from…

Continue ReadingU.S. dollar index retreats from 20 year highs — But will DXY topping spark a Bitcoin recovery?

Portugal’s Assembleia da Republica says no to two crypto tax bills

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

The Portuguese Minister of Finance had recently declared that cryptocurrencies in the country will soon be subject to capital gains taxes. The Portuguese congress, the Assembleia da Republica, has rejected…

Continue ReadingPortugal’s Assembleia da Republica says no to two crypto tax bills

Injective partners with Wormhole to bring 10 new blockchains to the platform

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

“Users will soon find Wormhole integrated into the backend of the Injective Bridge whereby transferring assets from distinct EVM chains or Solana can be done with the click of a…

Continue ReadingInjective partners with Wormhole to bring 10 new blockchains to the platform

InsurAce says it will pay millions to claimants after Terra’s collapse

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

DeFi insurance protocol InsurAce took heat from the community for suddenly shortening its claims period for Terra-related insurance claims, but is already set to pay out $11 million to claimants.…

Continue ReadingInsurAce says it will pay millions to claimants after Terra’s collapse

World Bank won’t support Central African Republic’s Sango crypto hub

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

The World Bank has said “it will be physically impossible” for the lender to fund the planned Sango crypto hub and voiced concerns regarding the country’s adoption of Bitcoin. The…

Continue ReadingWorld Bank won’t support Central African Republic’s Sango crypto hub
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