Meta shows off Web3-to-reality bridge with ‘Hyperscape’ metaverse demo
The tech is still experimental, but its implications could change how users view reality.
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Bitcoin NFTs, layer-2 and restaking hype ‘completely gone’
A Bitcoin layer-2 executive explained how Bitcoin narratives that were “overhyped” have now wholly vanished while the ecosystem develops. In a Cointelegraph interview, Bitlayer co-founder Charlie Hu laid out three Bitcoin narratives that he believed were overhyped. This included narratives that surrounded Ordinals, layer-2s and re-staking. According to Hu, one of the overhyped narratives in

Japanese exchange Coincheck to list fan tokens by Chiliz and Socios
The Coincheck crypto exchange will list Chiliz and Socios fan tokens on its new NFT marketplace. 1311 Total views 6 Total shares Japanese cryptocurrency exchange Coincheck has partnered with major global fan token makers, Chiliz and Socios, Cointelegraph Japan reports.As part of the new partnership, Coincheck will list Chiliz and Socios’ fan tokens on Coincheck's…

Bayern Munich taps the trend for blockchain-based fantasy soccer
The Ethereum blockchain-based fantasy soccer game Sorare has signed on its latest top European club. 1095 Total views 14 Total shares German soccer club FC Bayern Munich, which plays in the country's Bundesliga, is entering the world of blockchain-based fantasy soccer.The Ethereum blockchain-based fantasy soccer game Sorare, which Bayern joined this week, already counts over 100 participant…

India’s Warren Buffet says Bitcoin hangover will be worse than the party
The man known as India's Warren Buffet is eager for a blanket ban on all cryptocurrencies and believes the Bitcoin “party” will result in a terrible hangover for investors. 946 Total views 6 Total shares The billionaire investor known as India’s Warren Buffet, Rakesh Jhunjhunwala, has voiced his support for India’s impending cryptocurrency ban, warning…

Bitpoint Hack Shows That Regulators’ Scrutiny Does Not Equal Safety
On July 12, 2019, Tokyo-headquartered cryptocurrency exchange Bitpoint promptly suspended its services after noticing an error in the outgoing funds transfer system. Soon, an official announcement followed, revealing that the trading platform had lost around 3.5 billion yen (roughly $32 million) as a result of a security breach. The exchange’s administration has managed to find…

$80K BTC price chases gold — 5 Things to know in Bitcoin this week
Bitcoin brings the heat to risk assets as rapid new all-time highs spark widely varied BTC price targets.

Alabama, Minnesota lawmakers join US states pushing for Bitcoin reserves
Bills to create Bitcoin reserves have been introduced in 26 states, with Arizona currently the closest to passing a law. Lawmakers in the US states of Minnesota and Alabama filed companion bills to identical existing bills that if passed into law, would allow each state to buy Bitcoin. The Minnesota Bitcoin Act, or HF 2946

Bitcoin trader warns risk 'is peaking' in crypto cycle, calls for caution
While Bitcoin analyst Willy Woo advises caution over the coming months, other crypto analysts are optimistic that Bitcoin has a “high probability of reversal.”