South Korean telecommunications giant SK Telecom on Wednesday said it has signed a strategic cooperation agreement with Morph Interactive, a 3D motion graphics company, to rapidly expand its metaverse platform Ifland. The two companies will collaborate to develop props, avatars, costumes, and spaces that can be used in Ifland metaverse. Moreover, the telecom firm will make equity investments in Morph Interactive under the agreement.
2021’s most searched cryptocurrency, Shiba Inu (SHIB) has again managed to grab the spotlight. Crypto whales to enthusiasts appear to be gearing up to grab more of SHIB. Robinhood’s listing of the popular memecoin boosted SHIB prices, while the SHIB: The Metaverse land biding event also provided support. As a result, SHIB’s 24 hour trading volume surged by a whopping 450%. SHIB surged 21% in the last 24 hours to 0.00002754, and was the best performer among major cryptocurrencies. The token’s...
An Ethereum engineer who gave a lecture on how to use blockchain technology in North Korea was sentenced to 63 months in prison on Tuesday. Cryptocurrency expert Virgil Griffith will pay a $100,000 fine for assisting North Koreans in evading US sanctions through the use of cryptocurrencies. The United States forbids its nationals from traveling to North Korea unless they have special permission. His presentation, according to the US Department of Justice, gave the Kim Jong Un leadership with “technical advise on...
On Tuesday, April 12, the U.S. Labor Department released the inflation numbers for March 2022 which stood at 8.5%, the highest in four decades since 1982. The crypto market had already anticipated this event entering into a steep correction earlier on Monday. Just as the inflation numbers stood in accordance with the market expectations, Bitcoin (BTC) and the broader crypto market are showing a marginal bounce back. Explaining this, on-chain data provider Santiment reports: When #inflation and #CPI...
While the price of Cardano ($ADA) has been dropping amid a wider cryptocurrency market downturn that saw the space’s total market capitalization lose over $170 billion in value, its top whales have been accumulating it over time. According to data from on-chain analytics firm Santiment, while ADA is...
Kevin O’Leary, a celebrity investor known as “Mr. Wonderful” on ABC TV series “Shark Tank,” has revealed what percentage of his entire portfolio is allocated to the cryptocurrency space, months after explaining he sees Bitcoin ($BTC) move to $300,000. During an interview with Kitco News, O’Leary revealed he...
ZIL price is in a continuous downward spiral but trades on a muted note on Tuesday. The recent price action had pushed it below the crucial retracement levels. ZIL price trades in a very tight range with no clear directional bias. Expect, a bounce back in the price if the price gives a daily close above the 0.618% Fibonacci retracement at $0.11. However, the downswing could extend toward $0.78.
London, UK, 12th April, 2022, Chainwire Cult DAO, a community-driven decentralized autonomous organization, published recent data on its hyper-deflationary CULT token, gaining the necessary traction and volume to overcome an initial stage of anonymity. These math-backed revelations are scattering away any remaining doubts that CULT is a meme...
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