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Coca-Cola Releases NFT World Cup On Crypto.com, CRO “Pump”
Coca-Cola Releases NFT World Cup On Crypto.com, CRO “Pump”
The Crypto.com blockchain will issue 10,000 NFTs based mostly on the Qatar 2022 FIFA World Cup match heatmap. The CRO of Crypto.com increased substantially on news that the exchange had worked with Coca-Cola to develop an NFT assortment commemorating this year's World Cup. 🔥The hottest #FIFAWorldCup memorabilia ever? ⚽️ Introducing @CocaCola "Piece of Magic" NFT collection, created by each team’s on-field performance. 🤝Made in collaboration with @CocaCola and digital artist @GMUNK. Get yo
Pakistan Passes New Legislation To Speed Up The Establishment Of CBDCs By 2025
Pakistan Passes New Legislation To Speed Up The Establishment Of CBDCs By 2025
The State Bank of Pakistan enacted new legislation for Electronic Money Institutions (non-bank businesses that provide digital payment instruments) to ensure the timely issue of a CBDC within the next three years. Central bank digital currencies (CBDCs) are seen by regulators throughout the world as a method to improve fiat capabilities by inheriting the financial expertise of the technology that fuels cryptocurrencies. Pakistan has joined this list by adopting new legislation to ensure the est
Hong Kong University Launches Metaverse Postgraduate Programme
Hong Kong University Launches Metaverse Postgraduate Programme
The city's first Metaverse postgraduate program, "Master of Science in Metaverse Technology," was created by Hong Kong Polytechnic University. Hong Kong Polytechnic University (PolyU) has started the city's first postgraduate Metaverse program. According to the PolyU website, the "Master of Science in Metaverse Technology" program will commence in September 2023. According to the course outline, the program's goal is to teach students about the nature of Metaverses as well as the underlying te
What Is Shadow Banking?
What Is Shadow Banking?
The "shadow banking system" is a network of financial intermediaries that promote credit creation throughout the global financial system but are not subject to regulatory monitoring. These firms are frequently referred to as "nonbank financial institutions" (NBFCs). Unregulated actions by regulated organizations are often referred to as the "shadow banking system." The shadow banking system is made up of lenders, brokers, and other credit intermediaries who operate outside of the traditional, r
CEO Of Meta Mark Zuckerberg Remains "Long-Term Optimistic" About The Metaverse
CEO Of Meta Mark Zuckerberg Remains "Long-Term Optimistic" About The Metaverse
"The pessimism doesn't upset me that much," Facebook's parent company's CEO stated on Wednesday at the DealBook Summit. During the New York Times DealBook Summit in New York City on Wednesday, Meta Platforms (META) CEO Mark Zuckerberg said he was still hopeful about the Metaverse on a longer, "five-to-ten-year horizon." "The way we communicate becomes richer and more immersive," Zuckerberg said in a virtual interview, doubling down on his company's bet on a future dominated by virtual and augm
Game7 Launches A $100M Fund To Promote Web3 Gaming
Game7 Launches A $100M Fund To Promote Web3 Gaming
A $100 million funding program has been started by Game7 to support Web3 game creators. The BitDAO and Forte ecosystems support the decentralized autonomous organization, or DAO, that is the entity. The crypto winter, the economic slowdown, and gamer hatred against Web3 are taking their toll, and blockchain gaming businesses need this type of stuff right now. To increase the diversity and accessibility of the Web3 video game business, the initiative will give creators the ability to design too
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