TOP NEWS IN WEB3, METAVERSE, CRYPTO AND NFTs AND AN EXCLUSIVE META TALKZ INTERVIEW WITH DOMINIC RYDER

First Mover Asia: Speculating on Tokenized Carbon Offsets Won't Help Climate Crisis, Says Consultant; BTC Falls Under $19K Amid Wider Crypto Woes

Already rocked by four days of discouraging economic indicators, bitcoin, the largest cryptocurrency by market capitalization, which had held on stubbornly above the $20,000 threshold for much of the past two weeks, fell below $19,000, and was recently down nearly 6% over the past 24 hours. A number of analysts earlier in the week had been expecting bitcoin to break its support even as they admired its resilience.

"Negative crypto headlines have been nonstop and fresh concerns that the regulatory environment will be rather harsh going forward has really kept sentiment down," Oanda Senior Market Analyst Americas Edward Moya wrote.

DOJ Files Charges Against Baller Ape Club ‘Rug Pull’

Traun allegedly collected $2.6 million from Baller Ape NFT buyers, only to shortly thereafter delete the organization’s website and launder the funds. According to the Justice Department, he converted the ill-gotten gains into different cryptocurrencies and moved them across multiple blockchains, in a practice known as “chain-hopping.”

If convicted, Traun could face up to 40 years in prison.?

NFT “rug pulls” are all too common in the high-volume, decentralized world of NFT trading, where new collections pop up daily from a slew of unheard-of creators. Last year alone, the NFT market generated $25 billion in sales. The Department of Justice, however, did not prosecute a single NFT fraud case in 2021.?

MOOI Partners With Japanese Content Giant To Build a Sustainable Metaverse Ecosystem

MOOI Network will be featured with various Metaverse services. Cocone, Post Voyager’s parent company, plans to launch at least 4 new services on MOOI Network within this year. Cocone has pioneered a completely new genre of gaming called Character Coordinating Play (CCP), where players can customize their characters and communicate with others. The mobile app company, has been dominating the Japanese avatar service market for 14 years, and its services have been loved by 42 million users around the world with multiple awards. Cocone itself has been ranked in the top 10 across multiple categories.

The first service to launch is Meta Livly, a Web3 version of Livly Island. The original service, Livly Island, currently has around 200,000 DAU. While almost identical to the original service, Meta Livly will feature its own unique universe. It will also feature the P2E aspect where users can earn from playing the game, as well as NFTs so that players can actually own and trade their items. Meta Livly is scheduled to launch by the end of July.

Read more of the latest news here!

• Crypto Lender Celsius Network Exploring Options to ‘Preserve and Protect’ Assets
• Elon University & Pew Research look ahead to the metaverse of 2040
• Daily Crunch: OpenSea, an NFT marketplace, revealed email data breach that may have affected 1.8M users

Battling Against Centralizations On The Blockchain, A Meta Talkz with Dominic Ryder

What was your journey like to get where you are?

Dominic began his career as a stockbroker in wealth management and venture capital. As a venture capitalist, he encountered blockchain technology and NFTs and started dabbling with them privately. Dominic’s rebellious nature and reasoning for decentralization ignited a passion, which has led him to create vEmpire DDAO.

In a simpler phrase, what is your company exactly doing?

vEmpire builds, rewards, and looks after strong communities to promote equality and fairness in crypto.

What about Metaverse are you most excited for in the future?

Decentralization and the year of the Metaverse!

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