High-Quality Avatars in the Metaverse Have Become a Reality

The Metaverse concept is much older than Mark Zuckerberg made it sound in 2021. However, it has always lacked the technological backing to gain mainstream adoption. This also prevented it from gaining enough community support. Now, all of that is about to change thanks to MetaBody’s high-quality avatars and realistic features. The MetaBody and the 3D Avatar Revolution In 2022, the advance of blockchain-based applications and NFTs are ushering a new digital age. One of its creations, the Metaverse, is…

Bitcoin’s Hash Rate and Price – Effect of Russian Sanctions

With the war in Ukraine raging on, and Russia targeted by crippling sanctions, fear is taking hold of the markets, including crypto. Crypto investors are struggling to assess the effects of war in Ukraine on cryptocurrencies. One of the risks is a hit to Bitcoin's hash rate. The hash rate, a measure of the computing power involved in validation, is a key measure of network security. In Bitcoin's network, it depends on mining. Now, Russia, the third-largest Bitcoin miner faces…

Bloomberg Strategist: This Is the “Defining Moment” to Buy Bitcoin

The Russian invasion of Ukraine enters its second week, and the financial markets worldwide are still reeling from the shock. Meanwhile, the crypto market has seen immense volatility, with most assets moving from green to red and back again. According to an expert analyst from Bloomberg, it's the ideal time to invest in Bitcoin. Bitcoin’s Rollercoaster Ride Last week, when news of war in Ukraine broke out, all financial markets plummeted. The crypto market did not make an exception, and…

Buterin Says “Ethereum Is Neutral, But I Am Not” to Putin’s Ukraine Invasion

Vitalik Buterin, the co-founder of Ethereum, spoke out against the Russian invasion of Ukraine. The Russian-Canadian crypto guru said he is "very upset" with Russia's President, Vladimir Putin, and his "special military operation." In a recent tweet, Buterin said: This is a crime against the Ukrainian and Russian people. I want to wish everyone safety and security, even though I know there won’t be. He further underlined his point of view, which is different from that of the blockchain network…

Binance Donates $10M To Ukraine And Launches Emergency Relief Fund

The largest cryptocurrency exchange worldwide, Binance, has donated $10 million to Ukraine in the wake of the recent Russian invasion. This contribution to the war relief in Ukraine is just one of the many initiatives coming from the crypto industry. Moreover, donations continue to pour into the country’s crypto wallets as the conflict escalates. Binance Alleviates Ukraine’s War Costs Almost all the financial markets in the world have taken a dip as soon as Russia invaded Ukraine last week. The…

Bitcoin, Ether, And USDT Are Most Active in Ukraine As Cash Transactions Are Almost Dead

Ukraine is switching from fiat to crypto transactions as the Russian invasion gradually strangles the country's financial stability. While cash use declines and fiat availability drops, Ukrainians turn to BTC, Ether, and USDT to transfer assets. Furthermore, crypto donations are landing in their wallets from worldwide users as a sign of solidarity. The question is, how much will crypto influence Ukraine's resistance? Restrictions on Cash Use in Ukraine Soon after Russia invaded Ukraine, the latter’s president, Volodymyr Zelenskyy, instated the…

Bitcoin Is Boring – And That’s By Design

Simplicity leads to security, and a more decentralized blockchain. If Bitcoin were more expressive, it wouldn’t be effective as a global, neutral monetary network.   There are now over 17,000 cryptos listed on CoinMarketCap. As always, nearly all of these coins, tokens, and blockchains advertize themselves in comparison to the very first. Faster than Bitcoin. Flashier than Bitcoin. Better returns than Bitcoin. Environmentally-friendlier than Bitcoin. We know the script. Yet everything comes at a cost. Where other blockchains purport to…

Is Metaverse Land a Good Investment? Read This First

The Metaverse land grab is reaching bubble proportions. Despite the staggering valuations, is the Metaverse a good investment? The Metaverse is coming, and everyone wants a piece of it. But most investors are looking in all the wrong places. Major titles like Decentraland and Sandbox have serious structural issues that could seriously limit their potential to attract a gaming audience. But there is hope, as a different audience could make up for it. The Metaverse, an immersive universe of virtual…

DAO That Wants To Buy Denver Broncos Faces Major Hurdles

The Denver Broncos NFL team is for sale, and one of the potential buyers could be a DAO - a decentralized organization using blockchain tech. However, the efforts have to overcome major regulatory issues. Specifically, stringent NFL rules could put its supposed decentralized nature in question. BuyTheBroncosDAO BuyTheBroncosDAO aims to raise $4 billion from fans and investors to buy the U.S. National Football League team. The sale, set before the start of the 2022 season, could set a record for…

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