Crypto NFT - News

Cardano’s Vasil Hard Fork Enters Final Stage Input Output CEO Charles Hoskinson has announced that a hard fork combinator request has been submitted and successfully accepted, meaning that the implementation of the Vasil hard fork has now entered its final stage. An automated process of upgrading Cardano to the Vasil era has already started, according to Hoskinson. “. The hard fork is scheduled to go live on Sept. 22 after months of anticipation. Some of the improvements that come with the Vasil hard fork will take effect on Sept. 27 for a variety of technical reasons, Hoskinson explains. As reported by U.Today, the Vasil hard fork is Cardano’s most ambitious upgrade to date since it will dramatically improve the blockchain’s scalability.

MetaMundo’s 3D NFT Villa Opens Questions about the Function of Architecture in the Metaverse MetaMundo has launched its second three-dimensional NFT, an ocean-adjacent villa, complete with an NFT gallery, meditation pavilions, and entertaining areas. The structure was designed by American architect and hybrid-creative Luis Fernandez to become an immersive space for meeting, playing, and relaxing. Architecture built for the metaverse seems to divide into two different approaches: taking full advantage of the lack of constraints, such as physics, to create a sculptural object that can be explored or reiterating familiar shapes and forms of architecture. According to architect Luis Fernandez, his approach is based not on the shape of the final object, but on functions that architecture can serve in the metaverse. For Luis Fernandez, one of the main uses of the metaverse will be meditation.

Meta Rolls out Immersive Learning to Select Universities as Part of Metaverse Push The Meta Immersive Learning Project rolled out to ten universities and allows institutions to offer virtual-reality classes through a VR headset. Universities have long considered virtual reality teaching spaces. However, they have been reluctant to adopt the technology due to bulky headsets and engineering costs. For one institution without a physical campus, the University of Maryland Global Campus, Iowa-based company VictoryXR has created a virtual campus with buildings, a grassy lawn, and a pond. According to a university official, students can put on the headset and enter an administration building, where they can chat with the financial aid avatar. Five metaverse courses are being offered this fall at the university, including courses in biology and astronomy.

Bit.Country and KuCoin Collaborate for the KuCoin Metaverse The Polkadot ecosystem’s Introducing Bit.Country & Metaverse.Network, a parachain atop Kusama, is thrilled to reveal its formal cooperation with KuCoin. For its 20M registered users, KuCoin Metaverse will serve as a focal point of the online community. It will be built jointly by the KuCoin community and published on Bit.Country Frontier. Together with Bit.Country, KuCoin broadens its reach into the metaverse. Bit.Country will give their communities all the resources they need to jointly design a digital environment promoting a free exchange of wealth across borders. Bit.Country characteristics will be used by KuCoin Metaverse to improve community ties and change wealth creation.

Tom Brady’s Autograph Launches New NFT ‘Signature Experiences’ for Fans NFT collections crater during “crypto winter,” some prospective buyers are looking for digital tokens that can serve as more than mere collectibles. In response, the athlete-centered NFT site Autograph is launching a new product called Signature Experiences. On Tuesday, Autograph announced the new Signature Experiences NFT line, touting it as a way for customers to participate in a sort of Web3-enabled fan club. The company is selling 2,500 “season tickets” for its first experience, a collaboration with Brady, through its website on Sept. 8 for those who want to join the club.

PlayStation enters NFT PlayStation decided to conduct an NFT survey as part of the Evolution Championship Series 2022 event. It was shared by one of the visitors, who received a mailing list asking players what kind of NFT they would be willing to purchase. There are several options for collectible digital items to choose from, which can be related to EVO, musicians, eSports, the PlayStation itself, and popular game characters.

India’s financial crime-fighting agency has reportedly frozen the assets of Binance-owned crypto exchange WazirX. MUMBAI (Reuters) - India’s financial crime-fighting agency said on Friday that it has frozen the assets of WazirX, owned by the world's largest digital currency exchange Binance, as part of its investigation into suspected violation of foreign exchange regulations. The federal Enforcement Directorate (ED) said that it froze assets worth 646.70 million rupees ($8.16 million). The agency said its action related to the investigation into the crypto exchange's suspected role in assisting instant loan app companies in laundering the proceeds of crime by converting it into cryptocurrencies on its platform.

UK's New Financial Promotion Guidelines Don't Include Crypto UK’s Financial Conduct Authority (FCA) today introduced tougher rules for advertising high-risk financial products such as non‑mainstream pooled investments, speculative illiquid securities, and peer‑to‑peer (P2P) platforms, among others. The FCA also stressed that the new guidelines don’t yet apply to crypto promotions, which will have a separate set of rules once the government and parliament confirm “how crypto marketing will be brought into the FCA's remit.”

Upcoming Muse NFT album becomes first new format added to charts in years The upcoming Muse NFT album will be the latest chart-eligible album format since 2015. Prior to this album concept, the last format to be accepted by international charts was album streams. Nonfungible token (NFT) albums are now eligible for both United Kingdom and Australian charts. Serenade created digital pressings as a “brand new, limited edition and collectible” music format released via non-fungible token technology. The marketplace is using this new format to cater to community connectivity and product scarcity.

US Grants up to $10M for Information Regarding North Korean Crypto Hackers The US State Department vowed to give up to $10 million to anyone who gives valuable information that could be used against North Korean cryptocurrency hacking collectives. The amount is double the previous bounty promised in March 2022. North Korean hacking groups have been a significant burden for the American authorities for years now. Chainalysis estimated that North Korean cyber criminals stole almost $400 million in digital assets in 2021 alone as the funds were collected mainly from exchanges and investment firms.