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Spot Bitcoin ETFs Could Trade 8% Above Fair Value: Expert

In a recent interview with Bloomberg, Reggie Browne, Co-Global Head of ETF Trading and Sales at GTS, shared insightful predictions regarding the potential trading...

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Wall Street-backed crypto exchange a sign of lingering interest despite SEC’s crackdown

In this issueEDX Markets: Interest despite crypto crackdownForkast 500 NFT Index: Cautious NFT tradersAlibaba: New leader eyes Web3From the Editor’s DeskDear Reader,It’s been some...

EDX Markets Debuts Cryptocurrency Trading Platform and Wraps Up Latest Investment Round

In a key milestone, EDX Markets has successfully kick-started its cryptocurrency trading operations and completed a fresh funding round. Based in Hoboken, New Jersey,...

6 Years in Prison for Arizona Entrepreneur for Offering Shadow Banking Services to Crypto Exchanges

A joint investigation by the FBI’s Money Laundering Squad and Internal Revenue Service-Criminal Investigations led to a 75-month prison sentence for 64-year-old Arizona...

Former NFL Team Owner Reggie Fowler Gets Over 6 Years for Operating ‘Crypto Shadow Bank’

Former Minnesota Vikings owner Reggie Fowler will forfeit $740 million as part of a 75-month sentence for operating a crypto shadow bank. ...

US Attorney Seeks 7-year Sentence for Exec in Crypto Shadow Banking Case

Prosecutors in the United States are seeking a lengthy term for an executive in a crypto shadow banking case that has...

Gran Turismo 7 Adds New Cars & Track Layouts On PSVR 2

A free Gran Turismo 7 update adds five new cars and additional track layouts. Following its high-profile PSVR 2 release last month, Polyphony Digital...

Epoch or event? Defining the Anthropocene

The Anthropocene is one of those rare scientific terms that has entered the public consciousness, which is ironic, given that geologists...

Bank of America invests in UK paytech Banked, launches new online payment solution

BofA says the Pay by Bank solution is "part of our continual cycle of technology investment”.

Why Jump Crypto Bailed Out Wormhole

This DeFi bailout, by a traditional high-frequency trading firm that's turned to crypto, also was a Solana story.

Former Radkl employees leave to launch new quant hedge fund

The former high-speed trading executive launches the new fund after leaving GTS's crypto trading operation Radkl.

The post Former Radkl employees leave to launch new quant hedge fund appeared first on The Block.

Role of Metamall for Experiencing the Metaverse

Metamall

There is no denying that the Metaverse is the next great leap in the evolution of the internet. The metaverse is a universe of connected digital avatars and endless possibilities of virtual environments. Human interaction, which is the basis of all business and social ventures, will be elevated to an augmented form where safety, security, and trust will be ensured by the structure of the technology. Metamall is becoming a vital source of experiencing metaverse by using VR, AR, and blockchain technology. This article is also based on the role of metamall in experiencing the metaverse.  In this virtual world, status can be determined by how sophisticated your character’s representation on the network seems to other users in terms of features they have available for their own personas at any given time – Imagine if everyone had an amazing high – quality version that never struggled with performance issues! Metamall – The Future Metamall is the virtual version of the all-encompassing zone in the Metaverse. A wise, immersive, experiential shopping and social interaction spot that uses VR, AR, and blockchain technology as its foundation.   Metamall – Enhance the Sources of Immersive Entertainment   Metamall will fuel social and business interaction wrapped in immersive entertainment; Rather than following the traditional way of shopping through a specific retailer’s website, let’s imagine rendezvousing with a friend in a Minecraft- like world to hang out and shop at virtual storefronts. Meeting your date, your clients, or an accountant or lawyer for a consultation in the metaverse at a restaurant. The possibilities are endless.   Exceptional Land  Selling on Metaverse Metamall land sale is live and has already sold $1M worth of land on the Metaverse. Metamall will take on a spaceship design, with different zones — each facilitating a unique kind of experience for its users. And Metamall is all about bringing new VR experiences to your life and providing its users something they can take away as unique, memorable, and excíting.    The Metamall metaverse is designed like a spaceship with different zones, each of which facilitates a unique kind of experience. The spaceship structure allows for a zero-gravity environment, and changing views of different parts of the cosmos on a regular basis. The laws of physics can be changed with the introduction of black holes and faster than light speeds for the entire Metamall Spaceship.    Speaking of zones, All real estate/land in Metamall will be in the form of NFTs, so they can be easily traded with absolute ownership on the blockchain. Let us know about the types of NFTs on the metamall and its use case Sizes of Plots on Metaverse There are a total of 5,714 plots of land available, divided into 5 different sizes. These are  Cube, Cabin, Club, Chalet, and Chateau.  CUBE – This type of NFT land will be going to include all the retail stores, indoor gaming spots, workplaces, or fashion centers.  CABIN – Large single-brand retail stores, experience centers are the best examples for a Cabin space. Imagine being an owner of a cabin or multiple cabins the metamall CLUB – just like its meaning, Club is perfect for large gaming zones, multi-brand retail stores, and social networking zones. CHALET – Here the things are getting bigger and wider, if you are looking for public entertainment places (cinemas), showrooms, display centers, or high-rise brands retail spots, then Chalet is the right choice for you CHATEAU –  and last but not least, the biggest of them all, Chateau is best for several categories of workplaces, places for mega-events, experience centers for cities or countries, embassy networks.  Final Conclusion Metamall is backed by some of the industry’s leading Venture Capital firms and key investors including 316 VC, Brotherhood ventures, CGT Capital, CRT Capital, CCK Ventures, DAO Kondr VC, Crypto Buddy, FishDAO, GDA capital, GTS Ventures, Halvings, HVS ventures, WeeHODL, Mars VC, MHVentures, CYT Blockchain Ventures, Vespertine Capital, WLI Capital, HERD Ventures, GAMI, ALMORA CAPITAL, SEED THRIFT, Blue Chips and MMC Ventures Capital.  One thing is sure, that there is no doubt that metaverse is becoming the next big thing that will swallow every commercial category in it.  Metamall INO is already on LunaPad and StartFi METAMALL is the decentralized Metaverse Mall where users can build wealth by selling, leasing, playing, or staking assets

The post Role of Metamall for Experiencing the Metaverse appeared first on Cryptoknowmics-Crypto News and Media Platform.

Traders are complaining about Solana’s performance, raising questions about its status as a Wall Street darling

Solana has been touted as a blockchain built to handle high-speed, large transactions. But recent network performance issues have put into question its position as a blockchain built for Wall Street.

The post Traders are complaining about Solana’s performance, raising questions about its status as a Wall Street darling appeared first on The Block.

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