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STGZ Partners with Klaytn to Scale Next Generation Metaverse Platform for Artists.

Jan 30, 2022 (New York, NY) The next generation real-time live virtual events and concerts metaverse platform company STGZ, announced a partnership with Klaytn, a global metaverse public blockchain platform today. The partnership strengthens the STGZ platform through Klaytn’s fast, secure, and scalable public blockchain technology, enabling STGZ to offer metaverse experiences globally. Klaytn is a public blockchain focused on the metaverse, gamefi, and the creator economy. The project’s MainNet went live in June 2019 and has developed rapidly to become one of the most trustworthy brands in the industry.

What will happen if Bitcoin goes to $150k in the near future

There is enough conversation about Bitcoin being in a “supercycle” doing the rounds in crypto circles. Therefore, despite the recent steep correction, analysts see those gaps closing by year-end. So much so that the anticipation goes beyond the $100k mark that was pegged earlier. However, Into The Cryptoverse CEO Benjamin Cowen, in a recent interview with Blockworks, expressed nervousness about those price levels. He said, “Is a trend sustainable if we go up to $150k next month? I don’t think so. “ He explained that a lot of selling pressure,

NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round

A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was led by U.S. actor Ashton Kutcher’s Sound Ventures. The other investors that participated in the funding round include Maven 11, Scalar Capital, and Kleiner Perkins. The company, which was founded by Stephen Young in February 2020, already acts as a marketplace where users can get a cryptocurrency loan

Kucoin Labs Launches $100 Million Metaverse Investment Fund

Kucoin Labs, the investigative and investment arm of Kucoin, a cryptocurrency exchange, has launched a $100 million fund to incubate early metaverse related projects. These include blockchain gaming initiatives, NFT platforms, and decentralized platforms, among others. The support will also include direct involvement with the projects selected, including counseling about branding and marketing. Kucoin Invests in Metaverse Kucoin, one of the leading exchanges in Asia, has taken the first step to hop on the metaverse train. The investment and investigation arm of the exchange, Kucoin Labs, has launched a $100

Blockchain unicorn Animoca Brands teams up with a K-Pop agency to create NFTs

Animoca Brands, a Hong Kong-based blockchain game developer, is teaming up with a Korean entertainment agency to offer digital collectibles starring music artists and actors, adding K-pop groups to the non-fungible token hype.  The move will add to the increasing list of celebrities who have embraced NFTs, which also includes BTS. K-pop related NFTs On Monday, Animoca announced a collaboration with Cube Entertainment, the South Korean talent agency behind girl group (G)I-dle and boy band BTOB, to start an NFT-related project.  NFTs are blockchain-based digital assets that verify the validity

‘Triad’ members kidnap and torture Hong Kong crypto trader who manages to escape

A 39-year-old Hong Kong man was kidnapped and held for ransom last week after meeting a Tether buyer in Kowloon Bay.  The man was taken inside an industrial facility, assaulted, and forced to hand over his phone and trading platform passwords.  He was held captive for about a week at Tai Po, northern Hong Kong. His kidnappers demanded HK$30M from his family.  His relatives contacted the cops on Nov. 9, 2021. The police then stormed the house where the victim was being held, but he managed to flee through a

Eros Now Launches a Bollywood Film Festival on Facebook

Fans can watch 30 movies over 30 days starting from November 3, 2021.Sponsored Sponsored Eros Now, a leading over-the-top (OTT) South Asian entertainment platform owned by Eros STX Global Corporation, a global entertainment company is launching a month-long Bollywood Film Festival on Facebook Watch this Diwali. As part of this collaboration, Eros Now will premiere a movie every day from its massive library of over 12,000 Indian films and stream it on Eros Now’s Facebook page from November 3 to December 2. The movies will be powered by Mzaalo, a

Paraguay Eyed as New Bitcoin Mining Destination

Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for the upcoming farm. In June, local media declared that there were eight Chinese economic groups interested in coming to the country. Paraguay Considered for Its Bitcoin Mining Potential Paraguay, an often overlooked country of South America, has recently been in the sights of mining institutions interested

Paraguay Eyed as New Bitcoin Mining Destination

Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for the upcoming farm. In June, local media declared that there were eight Chinese economic groups interested in coming to the country. Paraguay Considered for Its Bitcoin Mining Potential Paraguay, an often overlooked country of South America, has recently been in the sights of mining institutions interested

CBDC Likely, But Not With Blockchain Says Former Boston Fed President

Eric Rosengren, former President of the Federal Reserve Bank of Boston made a public statement making the concept of a central bank digital currency (CBDC) for the USA a little more clear. However, be believes that blockchain will not be involved.Sponsored Sponsored In Rosengren’s comments on the potential of a US CBDC, he suggests that it will exist in the future. He also said because it would require an agreement between the White House, Congress, and the Fed, that it could take a long time. Interestingly, Rosengren clarifies that a

Bitcoin Price Prediction: BTC/USD Swings Above $55,000 Resistance

Bitcoin Price Prediction – October 6 The Bitcoin price restarts the uptrend after touching the daily low of $50,416 to hit the daily high of $55,416. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $60,000, $62,000, $64,000 Support Levels: $46,000, $44,000, $42,000 BTCUSD – Daily Chart BTC/USD looks green today as the price hovers above the resistance level of $54,000 from the low of $50,416. However, a daily close above the $55,000 level can continue to increase the Bitcoin price to $58,000. However, traders should note that a

Powers On… Don’t worry, Bitcoin’s adoption will not be stopped

In a series of  recent interviews and speeches, United States Securities and Exchange Commission Chairman Gary Gensler has called the cryptocurrencies market the “Wild West” due to its unregulated and allegedly fraud-filled atmosphere, predicting that the coins were doomed to fail. Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches