Animoca Brands Launches DAO To Develop Metaverse Standards
An alliance of Web3 companies has come together to build an open and borderless metaverse called OMA3, or the Open Metaverse Alliance for Web3. The group says it aims to solve key challenges of the nascent metaverse, including preserving the freedom of information owned by users.
American Cancer Society Claims Dogecoin Donations Are Popular
American Cancer Society, a voluntary health organization that is focused on eliminating cancer, has revealed that Dogecoin is its third most donated cryptocurrency.
Elon Musk Criticizes Remote Work As Workers Fear Surveillance In Metaverse
Elon Musk, CEO of Tesla and Spacex, said that remote work was no longer acceptable for Tesla workers in May. According to Qatalog and GitLab, remote workers spend extra time weekly trying to prove they are online and working to their employers.
Compass Mining Deploys 25,000 Additional ASIC Miners After Dismissing Staff
The American-based bitcoin miner – Compass Mining – intends to add 25,000 ASIC miners to its facility in Granbury, Texas. The deployment is scheduled for August as it will be supported by Compass’ partner – Compute North.
PayPal Looks Into Solana To Scale Payment Network
At the Solana Breakpoint Conference in Lisbon, the developers revealed that the SOL blockchain could be four times faster than now. The DeFi and Metaverse ecosystems on the Solana network boost the token’s utility.
South Korea’s Failure To Lift Ban On P2E Games Discourages Game Makers
The South Korea Game Rating and Administration Committee, as part of its policy, does not allow any blockchain-based games to be released domestically due to gambling concerns.
A Bahraini Trial Court Will Pass Its Verdict On Man Mining Crypto At University Server Room
A Bahrain IT expert facing the law for allegedly misusing assets owned by a university here for mining cryptocurrency will learn his fate next month. A Bahraini trial court will pass its verdict in the case on the 17th of August 2022.
Video Game Star Atlas Announce DAO & Updated Marketplace
Based on Solana, Star Atlas has some superb backing, and although the game isn’t fully playable yet, many believe this is the future of blockchain gaming. Now, it plans to involve its massive community with the ability to participate in decision-making processes.
FTX Offers To Bail Out Voyager Customers In Joint Liquidity Proposal
Debtors of crypto lender Voyager may still pursue their claims against now-defunct Three Arrows Capital for additional recoveries.
Bitcoin, Ethereum, EOS & OKB Daily Crypto Price Analysis
The crypto market has shown a mood change, shedding 0.77% over the last day. The performance of Bitcoin has also fluctuated as it shows losses of 1.01%. Ethereum is in no better situation as it has shed 0.50%. EOS and OKB are both bullish as they have added 11.46% and 2.99%, respectively.