Microsoft has discontinued its Industrial Metaverse Core team, a four-month-old project aimed to encourage the use of the metaverse in industrial environments.
PayPal’s wallet service held over half a billion dollars in Bitcoin and Ethereum on its customers’ behalf in 2022. By the end of 2022, PayPal held over $600 million in digital assets in crypto on behalf of its users.
Bitcoin (BTC) Slips Below $23,000 As Crypto Regulation Rumors Spread
In the early hours of Thursday, Bitcoin (BTC) the largest cryptocurrency by market cap, sank to a four-week low. The crypto asset slipped below its hovering $23,000 price range to as low as $22,408 #Binance
Kraken will end its crypto staking program in the US and pay $30 million in penalties as part of a settlement with the Securities and Exchange Commission.
From 2019 to 2022, Nigeria saw a 17per cent total increase in ownership and use from 28per cent to 45per cent, equating to over 34 million people adopting cryptocurrency over the three years.
Nigeria topped the list with 45per cent of the population using or owning cryptocurrency last year. The nation boasts over 90 million people using cryptocurrency – that’s almost 1.5 times the population of the United Kingdom (UK).
DESPITE its disapproval by the Central Bank of Nigeria (CBN) on cryptocurrency trading, the country has emerged top of 10 leading countries in its use and ownership.
Dubai is positioning itself as a hub for virtual assets by attracting more than 500 cryptocurrency companies to its digital asset ecosystem. The city’s Virtual Assets Regulatory Authority (VARA) aims to create a favorable regulatory environment.