Another week culminates and in this crypto summary, we bring you the most outstanding news. Probably, the most peculiar information was: “NFT weapons have come to the Metaverse.”
As usual, for this crypto summary, the 7 most outstanding news of the week are selected. These are the headlines:
- AK-47s, knives and even catapults, NFT weapons have come to the Metaverse.
- Sentencing for former Ethereum developer Virgil Griffith.
- Bitstamp asks its users to report the origin of their cryptocurrencies.
- Will Amazon accept Bitcoin?
- Portugal grants first cryptocurrency license.
- MetaMask integrates new cryptocurrency custodians.
- Elon Musk proposes to buy Twitter for $43 billion.
During the Paris NFT DAY, a booth caught the public’s attention. The presentation “Metaverse Weapons Factory” was located on it. Showing NFT collections of long weapons and an idea: “arm the Metaverse using NFT weapons”.
According to Gauthier Bros, the manager of the stand “Metaverse Weapons Factory”: “In the Metaverse, there have already been sexual assaults. And those assaults wouldn’t happen if you had a virtual AK-47 with you».
As a curious fact, the spectators were photographed with plastic guns available at the stand. And they tried shooting with them using an augmented reality helmet.
«Everyone needs a gun in the Metaverse».
Specifically, the company’s concept is to offer NFT weapons, which could eventually be used in all kinds of Metaverses,”The idea is to be able to guarantee your safety in the virtual world. And, therefore, protect yourself from virtual sexual assault. With an AK-47 with you you can be sure that nothing will happen to you».
Sentencing for former Ethereum developer Virgil Griffith
Virgil Griffith, a cryptocurrency expert who gave a presentation in North Korea on how to use blockchain technology to evade US sanctions, was sentenced to 63 months in prison.
Without a doubt, federal prosecutors accused the former Ethereum developer of endangering American diplomacy. And weaken economic sanctions aimed at putting pressure on a hostile foreign power.
As a consequence, the federal court of the city of New York, with the U.S. district judge Kevin Castel handed down the sentence of 63 months in prison, for Virgil Griffith. As well as a $100,000 fine, which marked the end of an FBI investigation.
Bitstamp asks its users to report the origin of their cryptocurrencies
In an email notification to users, Bitstamp informed its customers about the ongoing policy updates on the platform with the exchange, seeking additional information about its customers.
«We work closely with our regulatory partners to ensure we remain your trusted exchange. To do this, we need your account information to be updated, to offer you the latest products and cryptoassets».
In particular, the exchange also requires that they provide some legal data such as nationality, place of birth and tax residence. In addition, it requests information on the annual income and net worth, the activities planned on the platform, the estimate of annual deposits, as well as the origin of the assets.
Will Amazon accept Bitcoin?
Amazon CEO Andy Jassy sees it very possible in the future. By the way, he admits that cryptocurrencies such as Bitcoin (BTC) and non-fungible tokens (NFTs) have become a recurring theme in recent times for large companies such as Amazon.
But, at the moment it is far to add cryptocurrencies as a form of payment. However, he left the doors open for the future. «You will see that cryptocurrencies are becoming more and more important and it is possible that they will be integrated into the company».
Portugal grants first cryptocurrency license
The Bank of Portugal granted a license to Bison Digital Assets to legally operate as a cryptocurrency service provider in the country.
According to the Portuguese media outlet Sapo, the bank has received authorization to launch Bison Digital Assets, the specific company that will carry out cryptocurrency custody and exchange services.
MetaMask integrates new cryptocurrency custodians
MetaMask, has announced its strategic alliance with four cryptocurrency custodians: Gnosis Safe, Hex Trust, GK8 and Parfin.
These strategic alliances are aimed at expanding the offer of MetaMask Institutional (MMI). Therefore, decentralized autonomous organizations (DAOs) using MMI will see new private key management tools to participate in the DeFi world.
Elon Musk proposes to buy Twitter for $43 billion
As the last news of this crypto summary, we have that, Elon Musk published from Twitter an SEC report where the purchase offer he has made to the chairman of the board of the social network is appreciated.
However, he also explains that after the purchase of all the shares, the company would withdraw from the stock exchange, since it does not want to receive purchase offers at the moment.
In addition to this, in the report published by the SEC, it is exposed that Elon Musk mentions that in case his proposal is rejected, he would have to reconsider his position as the largest shareholder of the social network. By the way, these were his words:
«Since I made my investment, I now realize that the company will not prosper or fulfill this social imperative in its current form. Twitter needs to become a private company. It is my best and last offer and, if it is not accepted, I would have to reconsider my position as a shareholder. Twitter has extraordinary potential and I will unlock it».
I close the crypto summary with this sentence from Malala Yousafzai: “To become powerful I need only one thing: education».
Relate
