#cryptonews: #Crypto lending protocol MetaLand will now offer Axie Infinity players the ability to take out loans using their in-game assets as collateral.
According to the U.S. Office of Science and Technology, digital assets like #Bitcoin might "grow the economy, enrich society, and support human rights defenders."
#cryptonews: #Meta spent $5 billion on metaverse projects in the fourth quarter of 2022. Which is about 25% of what the social media giant spent on its family of apps โ Facebook, Instagram, Messenger and WhatsApp โ combined.
#cryptonews: #Bitcoin briefly headed above $24,000 on Wednesday as the markets reacted positively to the Federal Reserve's latest announcement on interest rates.
#cryptonews: Hong Kong will not tolerate algorithmic #stablecoins in new regulation. The chief financial regulator will demand all stablecoin issuers back up their values with underlying reserve assets at all times.
#cryptonews: The operator of a 2014 #cryptocurrency scam who fraudulently claimed to have created a gold-backed virtual payments token has been sentenced to 100 months in federal prison.
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