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Shanghai Releases Digital Economy Development Plan, Initiates Research on Web 3.0 Innovation Testing Grounds
Zhejiang Cyber Police in China reported a fraud case disguised as "virtual currency."
Recently, the internet police in Taizhou, Zhejiang, China reported a fraud case disguised as "metaverse" and "virtual currency."The criminal gang promoted facial recognition payment devices, initially attracting users through a points system, then luring investors to purchase their self-issued "air ...
Yuga Labs management adjustment: Greg Solano appointed as chairman of the board, Michael Figge appointed as CEO
According to The Block, Yuga Labs announced a management adjustment, with co-founder and CEO Greg Solano transitioning to the role of chairman of the board, and current Chief Product Officer Michael Figge taking over as CEO; Figge joined the company in 2021 and began his duties a few weeks ago. This...
Meta reduces investment in the metaverse, terminates the Quest platform's Horizon Worlds project
Meta announced that starting June 15, users will no longer be able to build, publish, or update virtual reality worlds on Meta Quest headsets, nor will they be able to access Meta Horizon Worlds through Quest headsets. This virtual world feature will continue to be available on the Meta Horizon mobi...
Coldcard hackers leave 87% of stolen Bitcoin unmoved after $114M theft
Short-Term U.S. Treasury Holdings Decrease by $29 Billion, Testing Demand for Stablecoins
Foreign investors recorded a net inflow of $133.5 billion (approximately 184.6 trillion won) into the U.S. financial markets in June, yet their holdings of short-term U.S. Treasuries decreased by $29 billion (approximately 40.1 trillion won). Dollar stablecoins...
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