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Disney Moves Toward the Metaverse With Approved US Patent to Create a ‘Virtual-World Simulator’

A recently discovered patent shows the American multinational entertainment and media conglomerate, Walt Disney Company, was approved by the United States Patent and Trademark Office (USPTO) for a “virtual-world simulator” patent. The simulator is composed of a “three-dimensional (3D) map of the geometry of the real-world venue.” Disney’s Virtual-World Simulator Patent Follows Bob Chapek’s Discussion About the Disney Metaverse Disney’s interest in the metaverse and blockchain technology has been showing recently as a recent patent approved at the end of December reveals the entertainment giant filed for a “virtual-world simulator”

Assessing 1INCH’s prospects for growth over December

1INCH has seen its own share of ups over the past few weeks. During the initial half of October, this coin rallied from under $2 to $4.5. It briefly consolidated after that for a week and then registered a mammoth green candle on its chart on 27 October. That very day 1INCH was briefly seen exchanging hands around the $7.7 threshold. The next couple of weeks that followed saw this alt shrink in value. At the time of this analysis, 1INCH was trading 56% lower than its aforementioned local high.

People leaving Ethereum is ‘just never going to happen,’ says Solana co-founder

2021 saw a significant proportion of developers shifting from Ethereum to rival blockchains. Primarily, because the Ethereum network continued to fight high gas fees and congestion. Well, one network that hugely benefitted from this situation was Solana. Its meteoric rise over 2021 positioned it as one of the main Ethereum-killers. Solana’s native token Sol reached a new all-time high in early November. Furthermore, at the time of writing, the token registered a 10% ROI over the past week. Also, it had a 24-hour trading volume of over $3.6 billion, at

Cardano’s top exec believes SHIB & DOGE can lead to depression and hyperinflation

Most of the canine cryptocurrencies, especially Shiba Inu and Dogecoin have been victims of online speculations. Despite the surge, many believe these tokens will exist as long as memes trend on the internet. In this development, this renowned figure is the latest individual to address the FUD concerning these “speculative” coins. He even believes that trusting these memecoins would lead to depression and/or hyperinflation. The community got no ‘Calm’ Calm https://t.co/gjTfs7USzr — Charles Hoskinson (@IOHK_Charles) November 18, 2021 Cardano and IOHK chief Charles Hoskinson in the recent Youtube discussion has

Buterin lauds struggling yet biggest ETH L2 solution, Arbitrum’s efforts in the space

Arbitrum, the Ethereum L2 rollup is one of the first optimistic commercial solutions. It lowers costs and speeds up transactions on the Ethereum mainnet. Over the years, Arbitrum has done an excellent job in scaling Ethereum. At press time, it is the biggest Layer 2 solution on the Ethereum network and its growth in just four months has been exceptional. The value locked (TVL) stands at $2.67B and accounts for 47% of the overall market share. However, it seems to be losing heat. Appreciation post Arbitrum and its community have covered

RippleX exec says ODL is ‘killer value proposition to Ripple Net’

Despite the ongoing SEC vs Ripple Labs lawsuit and the market experiencing a dip, Ripple has been making waves in crypto news. During an episode of the Thinking Crypto podcast, RippleX General Manager Monica Long spoke to host Tony Edward about Ripple’s recent performance, multi-chain development, and the XRP Ledger technology. Water, water everywhere Calling ODL the “killer value proposition to Ripple Net,” Long explained, “So you know, ODL’s been in market for a few years now and Q3 was definitely, you know, the most outstanding…And the volume through ODL

Israeli Police Arrest Beitar Jerusalem Owner and 7 Suspects in Multimillion-Dollar Crypto Fraud

Israeli police have arrested eight suspects in connection with a cryptocurrency fraud scheme after raiding their homes and seizing evidence. One of the suspects is Moshe Hogeg, a well-known owner of the premier soccer team Beitar Jerusalem Football Club. 8 People Arrested in Crypto Fraud Scheme in Israel Israeli police arrested eight suspects Thursday allegedly stealing tens of millions of shekels in a cryptocurrency fraud scheme. The arrests were made after officers from the police’s Lahav 433 anti-corruption unit raided the suspects’ homes and offices. They gathered evidence and seized

Will ‘moon-magic’ power Ethereum’s flight past $4.5k in the days to come

Less than two weeks back, the global crypto market had crossed the $3 trillion mark in capitalization. Owing to the recent ruckus, the aforementioned level, however, couldn’t sustain for long. After noting a 6% dip in just the past 24-hours, the market cap reflected a value of $2.47 trillion, at the time of this analysis. The highlighted downtrend has been led by large cap cryptos. Over the last seven days, all the top 10 coins have shed value in the 14%-20% bracket, with Ethereum being no exception. Financial astrology During

Several Altcoins Reach New All-Time Highs – Biggest Weekly Gainers

BeInCrypto takes a look at the seven altcoins that increased the most during last week, specifically from Nov 12-19.Sponsored Sponsored These altcoins are: WAX (WAXP) : 67.30% The Sandbox (SAND) : 62.80% Crypto.com Coin (CRO) : 49.40% Avalanche (AVAX) : 28.60% Decentraland (MANA) : 26.78% IoTeX (IOTX) : 16.45% Enjin Coin (ENJ) : 6.73% WAXP WAXP has been moving upwards at an accelerated rate since November 11, when it bounced at the previous all-time high resistance at $0.48. In a span of only six days, WAXP increased by 106%. This

Crypto Investor News for 11/17

Staples Center to be Renamed Crypto.com Arena (BBC): The tipping point has arrived. Investor takeaway: Expect everyone you know to suddenly become interested in crypto investing. We’ve gone mainstream. How India is Regulating Crypto (Economic Times): India will ban crypto for payments, ban crypto advertising, and allow crypto as investments. Investor takeaway: Overall positive news for us, as it gives a government stamp of approval on crypto investing. Thank you to India for taking the lead on thoughtful regulation. ConsenSys is Now Worth $3.2 Billion (ConsenSys): Celebrating its latest funding