Metaverse: Amorepacific launches its 'New Beauty Land' on Decentraland metaverse platform
Mar 27, 2023 10:17 am UTC| Business Investing Digital Currency
Amorepacific Corp. set up its virtual space on the Decentraland metaverse platform. The South Korean cosmetic firm named its metaverse the New Beauty Land. According to The Korea Economic Daily, Amorepacific is joining...
Cryptocurrency: Do Kwon reportedly arrested in Montenegro, indicted in US
Mar 24, 2023 09:29 am UTC| Business Digital Currency Investing
Do Kwon, the co-founder of Terraform Labs, who is suspected of fraud after the collapse of the Luna and Terra stablecoin, has been found and arrested in Montenegro. Based on the reports, a man who appears to be the wanted...
Cryptocurrency: Lindsay Lohan, Jake Paul penalized by SEC over crypto violations
Mar 24, 2023 07:54 am UTC| Business Digital Currency Investing
Lindsay Lohan, Jake Paul and several other celebrities were slapped with a combined $400,000 fine over violations related to cryptocurrency. The U.S. Securities and Exchange Commission said on Wednesday this week that it...
NFT: Sony files patent for digital tokens as it explores NFT integration for PlayStation
Mar 23, 2023 07:26 am UTC| Business Digital Currency Investing
Sony Corporation is now exploring blockchain technology and filed for a patent related to non-fungible tokens or NFT. It is looking into this area to allow transfers of digital assets between games and consoles. It was...
UBS to buy Credit Suisse for $3.2 billion to avoid further bank turmoil
Mar 21, 2023 23:19 pm UTC| Economy Business Investing
Banking giant UBS is buying Credit Suisse for $3.2 billion without the approval of shareholders to prevent the latters collapse and further turmoil in global banking, according to Swiss President Alain Berset. The deal...
NFT: Playboy loses $4.9M after accepting Ethereum as NFT Payments
Mar 21, 2023 10:53 am UTC| Business Digital Currency Investing
Playboy Group started accepting Ethereum for NFT purchases however, it ended up losing $4.9 million after allowing this form of payment. As of December 2022, the company is said to have a net carrying value of digital...
Metaverse: Hyundai Department Store to debut its metaverse duty-free store
Mar 21, 2023 08:38 am UTC| Business Digital Currency Investing
Hyundai Department Store Duty Free (HDDFS) announced last week it had signed a memorandum of understanding (MOU) with OlimPlanet for a deal related to the metaverse business. OlimPlanet is a Seoul-based metaverse...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects