Metaverse Casino Ordered To Halt NFT Sales After Alleged Russian Ties Reported

Metaverse Casino Ordered To Halt NFT Sales After Alleged Russian

Image source: Getty Images Problem in the metaverse as a fraudulent casino makes false promises. Key points Five US states are simultaneously filing an emergency cease and desist order against the Flamingo Casino Club, a metaverse virtual casino. The scam included false promises of NFT giveaways, horse racing and lotteries. On Wednesday, Texas, Wisconsin, Kentucky, … Read more

Coinbase CEO Says ‘Informal Pressure’ From India’s Central Bank Has Caused Trading To Halt – TechCrunch

Coinbase halted trading service in India due to “informal pressure” from the Reserve Bank of India, the crypto exchange’s chief executive said on Tuesday, addressing the notable Indian episode for the first time in a month. The Nasdaq-listed company launched its eponymous crypto trading service in India to much fanfare on April 7. The app … Read more