Money in the Metaverse: The Money-verse

While cryptocurrencies are fungible, meaning that any two tokens are interchangeable, NFTs are not, allowing any item created, purchased, or sold online to exist as a unique entry on the blockchain where ownership is verified.

Mark Zuckerberg hopes that by the end of the decade, billions of people will have joined his version. Platforms like Axie Infinity envision a “future where work and play merge.” Businesses betting on the concept hope to incorporate everyday life into the Metaverse, a world of virtual reality hubs where users interact with virtual environments using smartphones and visors. Following …

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Institutional Adoption of the Crypto Ecosystem

Experts believe that cryptocurrency-based use cases can assist communities in the development of specific products, as well as ensure free-flow trading of the asset class for traders, hedgers, and even non-financial users.

The institutionalization of any tradable asset is a gradual process that occurs as the asset develops and evolves. Cryptography is no different. Cryptocurrencies have been around for over a decade. Decentralized financial instruments, like many other industries, began with a focus on individual customers, but their growing popularity and usage has compelled larger institutions to develop methods for incorporating cryptocurrencies …

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How Will the Metaverse Impact Ways of Payment

The metaverse appears to be a natural pivot for fintechs given their digital-first nature. They are better positioned to drive the market forward because, unlike banks, they do not have to navigate miles of red tape and have greater flexibility in deploying new solutions.

In 2021, the metaverse emerged as one of the most promising and innovative technological advances in decades. The metaverse has been dubbed the “next internet” by some, with companies such as Deloitte and Facebook spearheading early adoption. It has the potential to revolutionize how we learn, work, collaborate, make payments, and more. But, with concerns about data privacy and payment …

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Why Ethereum Merge Will Be Game-Changing for DeFi and Crypto Investing

The term "Ethereum Merge" describes the combination of the Beacon Chain, a separate consensus layer based on a proof-of-stake mechanism, and Ethereum's mainnet, the execution layer presently secured by an energy-intensive proof-of-work method.

The “The Merge” upgrade of Ethereum, which is going to take place this week, is causing a lot of enthusiasm in the cryptocurrency market, and with good reason. Not only will it likely be remembered as the most significant industrial event of 2022, but also as a pivotal period in blockchain history.

The term “Ethereum Merge” describes the combination of …

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Cryptocurrency Check: Why Are Bitcoin Prices so Volatile

Bitcoin prices have recently risen to new historic highs. Some have invested in it out of fear of missing out, while others are unsure of its future. Whatever side one takes, it is prudent to proceed with caution before investing large sums.

Bitcoin, which became publicly available in 2009, rose to prominence around 2010 when the price of one token rose from fractions of a dollar to $0.09. Its price has risen by tens of thousands of dollars since then, sometimes by thousands of dollars in a matter of days.

There are several reasons why Bitcoin’s price history has been so volatile. …

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Ethereum Merge: How One Big Cryptocurrency Is Going Green

Ethereum, the second largest cryptocurrency, is about to transition to a new operating model that uses 99.9% less energy. The Merge change is intended to appease critics who believe cryptocurrencies are harmful to the environment.

The Merge has been part of Ethereum’s plan since its inception in 2014, according to Vitalik Buterin, but has had to be postponed numerous times due to its technical complexity.

The task has been compared to rebuilding a skyscraper’s foundations while it is still standing. The Ethereum blockchain supports not only the Ethereum currency, but also other coins and crypto …

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7 Best Real Money Crypto Casinos Picked by High-Rollers in 2022

Although fiat money continues to dominate the online gambling industry, interest in gambling with bitcoin grows steadily from year to year. In effect, the share of bitcoin gambling is expected to equal that of fiat money gambling by 2023. Aside from bitcoin, which is far and away the most popular crypto coin (72% of all crypto gambling transactions are with …

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US Democrats Have Asked Mark Zuckerberg for More Information on Meta’s Stance on Cryptocurrency Fraud

According to Cointelegraph, a group of Democratic senators in the United States have asked Mark Zuckerberg, CEO of Meta, to provide data on the social media company’s policies on cryptocurrency fraud.

According to Cointelegraph, senators Robert Mendez, Sherrod Brown, Elizabeth Warren, Dianne Feinstein, Bernie Sanders, and Cory Booker, among others, made a statement on Zuckberg for actions his company may …

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First-Ever Bitcoin-Themed Wedding! This BTC Lover Executed It

Lebanon’s first Bitcoin wedding could usher in a new era for cryptocurrencies.

Every day, the value of the flagship digital currency Bitcoin reaches new highs. Crypto enthusiasts are placing large bets on Bitcoin’s future prospects. However, as Bitcoin’s value rises, it appears to spark several critical debates about the market’s security and regulations. BTC’s mainstream acceptance is growing, and more …

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Ethereum’s Switch Represents the Future of Cryptocurrency

A few users have taken to using pandas as avatars, with cartoon faces swaying and smiling in time with their human counterparts. The monochrome bear was chosen thanks to Hsiao Wei Wang, an Ethereum researcher, who created a meme depicting two bears, one black and one white, performing the “fusion dance” from the popular anime show “Dragon Ball Z.” The …

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