February 8, 2022

This year’s metaverse real estate sales are expected to reach  billion.

This year’s metaverse real estate sales are expected to reach $1 billion.

$1 Billion Metaverse Real Estate Sales Expected This Year Real estate sales on metaverse platforms surpassed half a million dollars last year, according to metaverse analytics firm Metametric Solutions. The company added that real estate sales on four major metaverse platforms — Sandbox, Decentraland, Cryptovoxels, and Somnium — reached $501 million in 2021. The four …

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Oil giant BP reports highest profit in 8 years on soaring commodity prices

Oil giant BP reports highest profit in 8 years on soaring commodity prices

KEY POINTS “It has been another good quarter for the company,” BP CEO Bernard Looney told CNBC’s “Squawk Box Europe” on Tuesday. A surge in global gas markets through the final months of 2021, coupled with an oil price rally to seven-year highs, has seen the world’s largest fossil fuel giants rake in bumper revenues. …

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Kpop NFTs: Binance and YG partnership will prioritize sustainability

Kpop NFTs: Binance and YG partnership will prioritize sustainability

The two companies said that creating eco-friendly NFTs will be one of the primary concerns for future collabs. A new partnership between global crypto exchange Binance and South Korean entertainment company YG will see the two companies strive for a more sustainable framework for future NFTs collaborations. YG manages a number of notable Kpop stars …

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Crypto Lobbying in the US Jumped 116% in 12 Months With .56 Million Spent in 2021

Crypto Lobbying in the US Jumped 116% in 12 Months With $9.56 Million Spent in 2021

Cryptocurrency and blockchain firms are concerned about the future legislation revolving around the cryptocurrency industry and money spent on lobbying cemented this fact. A recently published study indicates that money spent on crypto lobbying jumped 116% in 12 months with $9.56 million leveraged to seek to influence from politicians and public officials. Millions of Dollars …

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NASDAQ WILL LIST VALKYRIE’S BITCOIN MINING ETF ON FEB. 8

NASDAQ WILL LIST VALKYRIE’S BITCOIN MINING ETF ON FEB. 8

The bitcoin mining exchange-traded fund will go live on Tuesday under the ticker symbol “WGMI.” A new bitcoin-linked ETF is just around the corner as the Valkyrie Bitcoin Miners ETF received approval for listing on the Nasdaq exchange, according to a Monday filing with the Securities and Exchange Commission. Valkyrie CEO Leah Wald said “an increased focus and desire …

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Crypto Payments Firm Wirex Expands to US, Begins Distributing Crypto-Linked Visa Debit Card

Crypto Payments Firm Wirex Expands to US, Begins Distributing Crypto-Linked Visa Debit Card

Wirex currently has over 4.5 million customers across the European and Asia-Pacific regions. U.S.-based users of Wirex will be able to use the company’s app to buy, store and exchange 37 different cryptocurrencies, as well as traditional currencies. The service is available to all states except New York and Hawaii, which is coming later this year, according …

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Canadian Big 4 Auditing Firm KPMG Lists BTC and ETH to Balance Sheet

Canadian Big 4 Auditing Firm KPMG Lists BTC and ETH to Balance Sheet

Multinational professional firm services and one of the Big four auditing firms, the Canadian distribution of KPMG, said it added Bitcoin and Ethereum to its corporate treasury. This is the first direct investment in cryptocurrencies to the company. Benjie Thomas, a managing partner of KPMG Canada Consulting Services, said that crypto assets have become a mature asset class: …

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