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Taiwan’s Financial Supervisory Commission is set to be announced as the body that will oversee and regulate the virtual asset industry. According to a report, the collapse of crypto exchanges like FTX prompted Taiwanese officials to seek ways of protecting users against similar events should they recur. Virtual Asset Industry’s
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Virtual Reality (VR) movies add a new dimension to entertainment by immersing viewers in a fully-realized three-dimensional environment. The immersive experience can transport viewers to new and exciting worlds, allowing them to fully explore and interact with their surroundings. This adds interactivity and engagement that classic movies cannot match. VR movies
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The arrival of the Filecoin Virtual Machine on the mainnet presents a slew of rewarding opportunities to developers. The Filecoin Virtual Machine (FVM) recently went live on the mainnet, with the payment system’s blockchain now supporting added features. These features include smart contracts and user programmability through the Filecoin
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The token was lately up 14% over the past 24 hours to $7.22, according to CoinMarketCap data. The network upgrade will allow smart contracts to run on the protocol and let developers create decentralized applications there. It will also introduce tokenized datasets, replication workers and trustless privacy-preserving reputation systems to
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press release PRESS RELEASE. London – Alvey Chain, a decentralized Layer 2 Blockchain built on Ethereum Chain, also a leading provider of blockchain technology solutions, is proud to announce the launch of its next-generation Virtual Reality Multiverse Exchange. The new platform offers a secure, reliable, and scalable solution for users.
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press release PRESS RELEASE. Dubai, United Arab Emirates, March, 2023 – MaskEX, a rapidly expanding third-generation crypto exchange, headquartered in Dubai, has announced the launch of its crypto-backed Virtual Card, enabling users to spend their crypto as fiat in more than 176 countries with over 50 million merchants worldwide. This
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Ras Al Khaimah, one of the seven emirates that make up the UAE, is set to launch a free zone for digital and virtual asset companies as the country’s approach to the industry continues to attract global crypto players.The RAK Digital Assets Oasis (RAK DAO) will be a “purpose-built, innovation-enabling
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Neal Stephenson, ostensibly the first to coin the term “metaverse,” issued his opinion about the future of the adoption of virtual worlds. The sci-fi writer and co-founder of Lamina1, a blockchain metaverse company, believes that building experiences that millions of people consider worth having in virtual worlds is quite difficult,
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“Kubernetes allows you to program how you want to deploy your application in the Web2 world. Like what are the regions where it needs to be deployed? What are the application servers? What are the databases behind it?” Gorbunov explained. “Similarly, using the [Axelar] virtual machine, we can let [Web3]
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The New York State Department of Financial Services (NYDFS) has announced enhancements to its ability to detect illegal activities with virtual currency among the entities its regulates. The new capacities are part of its efforts to keep pace with the industry and respond proactively to the virtual currency market, it
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