Thai SEC establishes digital hotline for users of Zipmex
The investors impacted by the suspension of Zipmex withdrawals may report their losses on the official website of the Thai SEC. Following the suspension of withdrawals by the Thai cryptocurrency exchange Zipmex last week, local financial regulators are intervening to investigate any losses suffered by investors. The Securities and Exchange Commission (SEC) of Thailand is […]
Tether, Bitfinex, and Hypercore collaborate to build Holepunch
The trio founded Holepunch with the intention of, among other things, granting sovereignty over data and dismantling technological monopolies. In keeping with the adage that “the bear market is for building,” the cryptocurrency exchange Bitfinex, Tether (USDT), and Hypercore recently announced the release of Holepunch, a completely secured platform for creating peer-to-peer apps. The trio […]
Yuga Labs ‘inappropriately encouraged’ BAYC investors: Class action
According to the law firm Scott+Scott, Yuga Labs encouraged “unsuspecting investors” to make large profits on their investments. According to a planned class-action complaint, Yuga Labs “inappropriately persuaded” the community to purchase nonfungible tokens (NFTs) for the Bored Ape Yacht Club and the project’s associated ApeCoin (APE) token. On Thursday, a proposed class action brought […]
Experts disagree on the place of virtual reality in the metaverse
On the function that virtual reality technology will play in the Metaverse, experts have expressed a variety of opinions. Given its slow acceptance rates, analysts predict that virtual reality (VR) will ultimately have a position inside the Metaverse, but not in the near future. Few things compare to the sensation of being nearly completely submerged […]
University of Tokyo will offer Metaverse courses
Later this year, the University of Tokyo plans to launch a number of educational programs that will take place in the Metaverse. The initiative was started to address Japan’s shortage of experts working on quickly advancing technology. The classes will be available to students from high school through adult learners in the workforce, according to […]