Coinsfera, the global over-the-counter(OTC) digital asset trading platform, announced that it allows users to buy or sell stablecoin USDT in Dubai over OTC. Users can now purchase or sell USDT in cash directly by visiting the Coinsfera crypto OTC desk without the need for a bank account or credit card. Coinsfera is an exchange for … Continue reading Coinsfera Enables Users to Trade USDT in UAE through OTC
Vitalik Buterin, the co-founder of the Ethereum blockchain platform, raised some doubts Sunday concerning efforts by existing corporations to create metaverse. According to Buterin, any corporations trying to develop the Metaverse nowadays will fail. Although the Ethereum co-creator admitted that the Metaverse “is going to happen,” he thinks that efforts by current firms towards creating … Continue reading Facebook’s Metaverse “Will Misfire”, Says Vitalik Buterin
The data received from the Federal Trade Commission (FTC) has shown a high increment of crypto scams on social media. To this effect, a group of U.S Senators wrote a letter to Meta Platform’s CEO, Mark Zuckerberg on Thursday to inquire about strategies he is putting in place to mitigate the rise in fraud as … Continue reading Meta Platform's CEO Gets Probed by Senators on Crime Combating Measures on its Apps
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The attorneys for Sam Bankman-Fried have struck a settlement with the federal prosecutors who are investigating his usage of chat applications. SBF “must not utilise any encrypted or ephemeral call of messaging programme, including but not limited to Signal,” according to a document filed with the court on February 6. This agreement was reached between … Continue reading Sam Bankman-Fried's Lawyers Reach Agreement with Federal Prosecutors
Meta, the parent company of Facebook, Instagram, and WhatsApp, has been actively pursuing expansion into the metaverse, despite facing challenges and significant losses. The company’s metaverse-building division, Reality Labs, reportedly lost a staggering $13.7 billion in 2022, the largest yearly loss recorded for the division. Despite this setback, Meta has continued to offer lucrative pay … Continue reading Meta offers lucrative pay packages for metaverse developers
In recent years, Meta, the parent corporation of Facebook, Instagram, and WhatsApp, has indicated interest in expanding into the metaverse. This interest comes as a result of the rapid growth of all three of these platforms. Even though the company’s section responsible for developing the metaverse, Reality Labs, is projected to incur enormous losses of … Continue reading Meta's Virtual Reality Programmers Earn $1 Million
The Chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is under scrutiny for alleged noncompliance with federal recordkeeping requirements. This issue has sparked controversy in the crypto world due to the potential implications on regulatory transparency and accountability. In November 2022, a letter addressed to Gensler and the SEC questioned their compliance … Continue reading SEC Chairman Gary Gensler Faced with Scrutiny Over Compliance with Federal Recordkeeping Requirements