A summary of the top news stories of Bitcoin and cryptocurrency. in the past week which has many incidents And so that you don’t miss any interesting points, we’ve put them together again for you to read.
- Oculus CTO: ‘Unlikely’ That Meta Will Be Open to Accepting Crypto Oculus Chief Technology Officer John Carmack said during a keynote address on Facebook’s metaverse: “We cannot live in a completely open Crypto world.”
- “Squid Game Token” Rug Pool has already been completed. The price of Squid Game (SQUID) dropped from $2856 to $0.0008 in 10 minutes. Investors who bought the coins were unable to exchange, sell back or use it for any transaction, so this was undoubtedly a rug pull.
- SoftBank Leads $93 Million Investment in NFT Gaming Company “The Sandbox” The Sandbox, a Hong Kong based gaming platform. SoftBank, which allows users to create virtual worlds using NFT tokens, has raised $93 million from investors led by SoftBank’s Vision Fund 2.
- SCBS invests 17,850 million baht to acquire a major stake in “Bitkub Online” “SCB X Group” continues to drive the strategy of the mothership. Aim for long-term growth and lay the foundation for the financial business of the future world Get context for a new, rapidly changing world. Recently announced the investment in “Bitkub Online Co., Ltd.” (Bitkub Online Co., Ltd.), a leading digital asset exchange in Thailand (Digital Asset Exchange) through the acquisition of 51% of the total shares from Bitkub Capital Group Holdings Co., Ltd. with a total value of approximately 17,850 million baht, with “Siam Commercial Securities Company Limited” (SCBS) as its major shareholder.
- Lao Government Expects Approximately 6,500 Million Baht Revenue from Crypto Mining Industry with the Lao government’s pilot project To explore cryptocurrency mining and trading It is expected to generate approximately $194 million, or approximately 6.5 billion baht, of the country’s forecasted total domestic revenue in 2022.
- El Salvador to Use Bitcoin Profits to Build 20 Schools El Salvador previously announced an initiative to bring Bitcoin profits to building an animal hospital. Most recently, it was announced that it was going to use the additional profits to build 20 schools.
- US tech giant Microsoft Prepare to enter the Metaverse US tech giant Microsoft is entering the Metaverse through updates to its Teams and Xbox gaming service with a new product called “Dynamics 365 Connected Spaces.”
- Digital Yuan Already Has 140 Million Users: People’s Bank of China Head Says China’s experiment with The central bank digital currency (CBDC) has shown no signs of slowing down. After the updated figures for October 2021 were revealed at Hong Kong Fintech Week.
- DeFi WTF!! Guide Book The Path to Being a Digital Farmer Chapter 9 : DeFi 2.0 Challenger Abracadabra Topples MakerDao This article will introduce readers to what Abracadabra is, how it works, and how $MIM Stablecoin has the advantage of becoming the 6th stablecoin and $SPELL, its Governance Token, and its Tokenonomics. towards this platform
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