Business

Walmart’s patent papers reveal that they are considering a foray into the metaverse

The metaverse is the latest technology buzzword, and even people who aren't making huge moves want to be a part of it. Walmart is...

With an alleged crypto fraud employing Morris coin, India seizes assets worth $5 million

Indian investigators recovered $5 million in connection with a $162 million cryptocurrency scam employing Morris coin, according to Indian authorities. In connection with a cryptocurrency...

Crypto Has Reached the Level of the Internet of 30 Years Ago

The internet was a once-in-a-generation technology that presented potential that the mainstream couldn't see at the time. However, it has since become an integral...

According to reports, PayPal’s plans to develop a stablecoin have been confirmed

PayPal Holdings, a fintech behemoth, has announced its plans to develop its stablecoin, PayPal Coin. An American fintech behemoth, PayPal Holdings has confirmed its intention...

For 11 locations, China’s digital yuan wallet is now available on app stores

As the formal nationwide rollout of the digital yuan approaches, the People's Bank of China (PBoC) is scaling up its trial. The digital yuan...

Thailand will postpone the testing of digital currencies until late 2022

According to a top official, Thailand's central bank digital currency (CBDC) test will be postponed until late 2022. The first round of testing was...

Tencent, Huawei, and Alibaba are leading 1,300+ Chinese enterprises in the metaverse trademark race

The metaverse is the most popular buzzword in the computer industry right now, and Chinese businesses are swiftly catching on. According to local media,...

Binance intends to establish its headquarters in the United Arab Emirates

Representatives of the BINANCE cryptocurrency exchange are in talks with UAE regulators about establishing the company's headquarters on the country's soil. Representatives from special economic...

AscendEx exchange suffers a $77 million loss due to a cyberattack but offers full reimbursement

A security compromise at a Singaporean digital currency exchange resulted in approximately $77 million. The thieves gained access to the exchange's hot wallets and...

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