Lifeboat Foundation

The metaverse will become the most popular place to buy, sell, and trade cryptocurrency, according to a recent survey. In addition, 70% of respondents agreed that “cryptocurrency and blockchain technology advancements will be critical to shaping the future of the metaverse.”

Survey: Metaverse Will Be the Most Popular Place for Crypto

Nasdaq-listed Agora (NASDAQ: API), a video, voice, and live interactive streaming platform, conducted a survey on the metaverse and published the results Tuesday.

And tells us how to get there. With a stream of big names revealing their intent to be a part of this upcoming digital world, the metaverse could be a $13 trillion industry by 2030, Citi Bank said in its report.

JP Morgan Chase has become the first bank in the world to set up shop in the metaverse. Its new office is located in the Metajuku Mall in Decentraland, a popular platform for buying real estate in the digital realm, Fortune reported.

Even as technology giants such as Meta and Microsoft are figuring out ways in which they want to build up their versions of the metaverse, real estate in other metaverse platforms are selling like hotcakes. 2021 was the best year in terms of sales valuation for metaverse so far and the numbers are expected to double in 2022. Interestingly, this is all playing out on platforms like Decentraland and Sandbox and JP Morgan wants in.

Continue reading “Metaverse will become a $1 trillion market opportunity, says JP Morgan” »

Hackers using a “complex and powerful” malware loader with the ultimate objective of deploying cryptocurrency miners on compromised systems.

Researchers have uncovered a new malware campaign spreading Mars info-stealer via Google ads.

Almost everyone is familiar with these terms, but not everyone knows what they really are.

Unless you’ve been living under a rock for the last few years, or live in some remote location on Earth, chances are you’ve heard the terms cryptocurrency and NFT. But, in your heart of hearts, do actually know what they are?

If not, then we highly recommend spending a few minutes of your day disentangling these commonly quoted terms. Your very future may, or may not, depend on it! you’ve ever wanted to know the difference between NFTs and cryptocurrencies, then we recommend you check out this brief guide.

Bitcoin and cryptocurrencies have been pushed into the spotlight over the last week as global financial sanctions on Russia come into force.

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The bitcoin price had bounced higher on expectations sanctioned Russians could turn to bitcoin and crypto but fell back as following comments from Fed chair Jerome Powell.

Amid ongoing hostilities with advancing Russian forces, Ukraine has been increasingly relying on cryptocurrency donations to solve humanitarian problems and finance its defense efforts. Crypto helps the country to receive and quickly distribute money and operate internationally, a high-ranking government official has indicated.

Ukraine Accepts, Spends Millions in Crypto, Deputy Minister Reveals

Since the Russian military assault started, Ukraine has been actively seeking financial support in the form of crypto donations. “It’s a very rapid way to get a payment — in times like that you can’t just wait for days to get money and then you have to distribute them,” the country’s Deputy Minister of Digital Transformation Oleksandr Bornyakov said in an interview.

But no other genuine details have so far made it out of the stolen data folder.

The reported Nvidia hack has allegedly thrown up the codenames of a bunch of next-gen GPUs, which have now been leaked out to the press. The most pertinent ones for us would be the Lovelace GeForce GPUs, of which there are six listed, but here are also listings for the server-based Hopper and Blackwell GPUs. This looks to have come from an initial leak of some of the stolen documents, supplied to Videocardz.

The green team is allegedly being held to ransom over the Ethereum hash rate limiter attached to its most recent graphics card release after hacking group, Lapsus$, made off with around 1TB of sensitive data.