Crypto for Dummies

2022-04-26 21:03:00 VooVoo NFT Marketplace release date announced

VooVoo Marketplace is set to launch on April 24 to change the way we see the management of the NFT marketplace. The new marketplace will feature iconic brands and world-renowned names in sports, entertainment and pop culture

It is in Zilliqa's metaverse Metapolis that VooVerse will launch. VooVoo NFT allows users to create NFTs on the Solana blockchain and sell them directly from their phones. In this way, VooVoo aims to bring digital property to a broader market

A significant feature of the new marketplace is that certified users do not pay to create their NFT art. They have access to a variety of NFT building tools Открыть/Комментировать

2022-04-26 17:03:02 NFT Sneaker Launch

SoleSave SS4 launches sneakers that are both physical and digital. What is SS4

It's a set of 1023 NFTs combined with 1023 pairs of custom-made physical sneakers. NFT SS4 sneakers can be purchased on their official website. However, the physical sneakers are still in production and won't be available until June

SoleSave relied on Gemo Wong and Justin Taylor, two well-known designers in the sneaker industry, to create the NFT sneaker Открыть/Комментировать

2022-04-26 14:03:00 Prodigious Growth of Pudgy Penguins NFT

According to CryptoSlam, sales of the popular NFT series have increased by about 519% in the last 24 hours after Pudgy Penguins unveiled a map of Antarctica resembling a gaming metaverse

Earlier this month, the NFT Pudgy Penguins series was acquired by Los Angeles-based entrepreneur Luca Netz after the community ousted founders in January

Currently, the minimum price of the Pudgy Penguins NFT is 2.44 ETH ($7,322) Открыть/Комментировать

2022-04-25 21:03:00 Metaverses development in 2022

Major IT companies are investing more than 10 billion in 2021 on the promising trend of metaverses. Companies such as Apple, Microsoft, Google and Facebook plan to release many specialized products and services this year to develop metaverses

Thanks to the emergence of ecosystems and innovative gadgets, the development of the virtual industry is expected to surge

For 2020, the amount of investment was 5.9 billion, and in 2021 it will exceed 10 billion. This year it is planned to exceed 15 billion

Currently Meta owns 75% of the metaverse market. It is going to offer users a headset allowing free communication in the metaverse

All this makes the IT giant a leader in this segment of the virtual industry Открыть/Комментировать

2022-04-25 14:03:00 NBA announces dynamic Ethereum NFTs for playoffs

The National Basketball Association has already begun minting its upcoming collection of 18,000 Ethereum NFT assets called The Association Открыть/Комментировать

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2022-04-24 21:03:00 IMF named a way to escape sanctions by mining cryptocurrencies

The International Monetary Fund believes that Russia may start mining digital assets to monetize energy resources that cannot be exported

Countries under sanctions, such as Russia, may eventually start using mining to evade restrictions, the International Monetary Fund (IMF) believes.

In its Financial Stability Report, the IMF warns that mining cryptocurrencies running on an energy-intensive blockchain such as bitcoin could allow countries to monetize energy resources that cannot be exported because of sanctions.

The IMF also pointed out that Russia could use crypto-exchanges that do not comply with sanctions or do not have proper control systems and technology and platforms that increase anonymity (decentralized exchanges and anonymous cryptocurrencies) to evade sanctions. Открыть/Комментировать

2022-04-24 17:03:01 BitRiver, an operator of a data center for mining, fell under U.S. sanctions

The U.S. Treasury Department stressed that companies working in the cryptocurrency mining industry help Russia monetize its natural resources

One of the largest operators of data centers for mining cryptocurrencies BitRiver fell under U.S. sanctions.

The U.S. Treasury Department's sanctions list also included 10 Russian subsidiaries of the company, the agency said in an official statement.

"By operating vast server farms that sell virtual currency mining capacity internationally, these companies help Russia monetize its natural resources," the U.S. Treasury said. A new package of sanctions was imposed on Russia on Wednesday, with 29 individuals and 40 entities on the list. Открыть/Комментировать

2022-04-24 14:03:01 Framework Ventures announces a $400 million Web3 fund.

$200 million of the fund is earmarked for the Web3 gaming space.

Framework previously invested in the game infrastructure project Stardust, as well as the long-awaited Illuvium.

In 2019, the fund invested $1.4 billion in DeFi. Открыть/Комментировать

2022-04-23 21:57:06 U.S. authorities warned cryptocurrency companies about the risks of attacks by North Korean hackers

U.S. government says North Korean hackers could attack not only blockchain projects, but also investors in cryptocurrencies

Cryptocurrency companies are threatened by hacker groups sponsored by North Korean authorities, the U.S. government says.
The warning was published on the website of the Cybersecurity and Infrastructure Protection Agency (CISA).

Hackers could attack crypto exchanges, DeFi protocols, GameFi projects, and venture capital firms, the CISA warned.

Private investors are also at risk, the statement said.

Last week, the U.S. imposed sanctions against Lazarus Group.
The Treasury Department blacklisted an Ethereum wallet belonging to the group.

At the same time, the U.S. Federal Bureau of Investigation (FBI) said Lazarus Group and another hacker group APT3 were involved in the theft of $620 million worth of Ethereum cryptocurrency. Открыть/Комментировать