Celsius boss Alex Mashinsky may be largely responsible for many of the firm’s unprofitable trades leading up to its bankruptcy. A new report from the Financial Times (FT) suggests that the CEO may have taken over trading operations back in January. He then took actions with company funds that overruled the decisions of other executives with multiple years of finance experience. Mashinsky’s Massive Trades The latest info is according to multiple people familiar with the matter – though the information…
Tag: Metaverse
Snoop Dogg to Release Major NFT Music Label
Hip-hop legend Snoop Dogg is looking to turn Death Row Records into an NFT label. Like other artists, the California-based rapper delves into blockchain-based applications to fuse music with the new digital age. If all goes well, his NFT could be among the best projects to keep an eye on in 2022. Snoop Dogg announced his enthusiasm regarding NFTs and the Metaverse on the social media platform Clubhouse on February 15: Death Row will be an NFT label. We will…
5 months ago 1.1 k
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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…
5 months ago 972
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Sandbox Metaverse Reaches 2 Million Registered Users
Sandbox launched its second alpha season while reaching a major milestone of 2 million registered users. During the four-week event, all players will get free access to more than 35 solo and multiplayer experiences. This includes a sneak-peek into Snoop Dogg's "Snoopverse", and a Hong Kong time-traveling tour called Hong Kong's Star Ferry Pier. New experiences also include a walk through Dracula's Castle, New dungeons, Kingdoms with puzzles, and fights against demons. Furthermore, players will compete in 200 quests for…
6 months ago 1.1 k
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Hackers Targeting MetaMask Users with Novel Phishing Scam
Guardio, a young cyber security company, has detected a sophisticated chain of attacks on non-custodian wallets. Major attack methods employ social engineering techniques and renewed phishing methods to trick wallet owners. The security company's research team explained an ongoing attack on the popular crypto wallet, MetaMask. In effect, Guardio suggests several wallets have been compromised, in what is a grand-scale operation. In the cybersecurity team's opinion, the recent wave of attacks could set the tone for more vicious ones. While…
6 months ago 1.9 k
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Metagwara – A Project Bringing Financial Interests and Education in the Metaverse
The Metaverse often combines virtual reality (VR) and augmented reality (AR) technologies. The result is that initiatives in this niche manage to provide an experience of "virtual presence." In the Metaverse, developers build a virtual reality environment using 3D technology. New projects aim to let users engage, immerse themselves, and work with other people in the digital world. Today we will talk about Metagwara, one of the new initiatives that belong to the category mentioned above. Our review will share…
6 months ago 663
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Could Beverage Company Monster Energy be Eyeing the Metaverse?
Following 4 trademark filings pertaining to NFTs and the metaverse, beverage maker Monster Energy is yet another brand touted to venture into the virtual space. Digital Goods are Prioritized Recently, more companies have begun to leverage the popularity of NFTs. Since last year there has been a marked transition to tokenized product offerings and metaverse-focused services. The goal is to drive up visibility and improve customer interaction. Monster energy’s speculated foray into the NFT and metaverse space could be another…
6 months ago 978
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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…
6 months ago 1.1 k
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South Korean Metaverses Face Sexual Harassment Allegations
Instances of sexual harassment in South Korea’s nascent metaverses are raising concerns. Additionally, authorities in the country are struggling to punish offenders in a space that is still largely unregulated. Cases of Abuse The concept of the metaverse is a popular premise that has gained impressive traction in South Korea. Young Koreans continue to embrace AR and VR-based games. This explains why metaverse worlds have likewise met huge adoption in the country. While South Korea’s quick acceptance of the burgeoning…
6 months ago 1.2 k
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China warns against using the metaverse for illegal fundraising
The China Banking and Insurance Regulatory Commission has cautioned against using the metaverse to raise funds illegally. A report unveiled this news earlier today, citing a statement on the regulator’s website. The watchdog pointed out that some firms are engaging in illegal fundraising, fraud, and virtual real estate speculation. Urging citizens to be vigilant, the agency said, Beware of being duped, and if you find clues of suspected illegal crimes, please actively report this to the relevant local departments. This…
6 months ago 921
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