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2024-02-05 20:27:01 Spain’s finance ministry targets crypto, NFTs with new tax reform

The Spanish Ministry of Finance aims to enhance its authority to seize crypto and non-fungible tokens (NFTs) as part of a new tax reform. The Ministry of Finance of Spain is gearing up to push a new tax reform that would grant it new power to seize cryptocurrencies and digital collectibles in case of failure to pay taxes, according to the Spanish daily newspaper El Economista.

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2024-02-05 07:57:00 South Korean Regulators Turn up Heat on ‘Gangnam Style’ PSY’s NFT Concert Ticket Sales

The singer of “Gangnam Style,” PSY, could be set for an NFT clash with regulators in his native South Korea. Per Biz World, the singer’s entertainment agency P Nation launched an NFT-powered pre-sale project for PSY’s concert tour in 2023. In October 2022, P Nation said it was launching a fan community called soPSYety. The agency said that the project was backed by NFTs, including a range named PSYger.

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2024-02-04 19:47:01 Metaverse sexual assaults could be difficult to prosecute

Though the attack took place in virtual reality, Nina Jane Patel was surprised to feel her real heart racing in her chest. Three male figures surrounded her avatar in Horizon Venues, a virtual live events program created by Meta. They touched her avatar’s breasts and pressed their torsos rhythmically against her, telling her that she wanted it. A fourth took photos of the incident in the app.

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2024-02-04 07:57:01 Japan Education Ministry Plans to Use Metaverse to Help Foreign Students Find Jobs After Graduating

The government plans to utilize the metaverse in a program to make it easier for exceptional foreign students to stay in Japan and enter the work force after graduating. The government has set a target employment rate of 60% for foreign students in Japan by the end of 2033. The rate rose steadily from 31.9% in fiscal 2013 to 48.0% in fiscal 2018, but has since leveled off, and was 46.5% in the latest available statistics from fiscal 2021.

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2024-02-03 21:07:04 From NFT Punchline to $8 Million Raise, ‘Pixelmon’ Preps for MON Token Launch

Pixelmon began its crypto odyssey as one of the most egregious examples of NFT FOMO, as collectors shelled out $70 million for knockoff Pokémon creatures that were so ugly, even the game’s founder called the artwork a “horrible mistake.” But two years and an ownership change later, between a fundraise and an impending token launch, Pixelmon is gunning to have a big 2024.

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2024-02-03 11:07:01 Apple's 'Vision Pro' Set to Get First Crypto-Focused Metaverse App From Victoria VR

The crypto-meets-virtual reality (VR) developer Victoria VR says it's working to release the first metaverse app from a blockchain-related company on the Apple headset "Vision Pro." The project's metaverse consists of "ultra-realistic graphics and immersive gameplay," which will be able to supplement Vision Pro's technologies, the company said in a statement on Friday.

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2024-02-02 20:37:01 Meta lost $16.1 billion on its big metaverse bet during 2023

Reality Labs lost $16.1 billion during the 2023 fiscal year in an attempt to realize the metaverse ambitions of parent company Meta. That represents a significant increase on the $13.7 billion loss the division recorded across FY22, and Meta expects those losses to "increase meaningfully year-over year" due to its product development efforts in AR and VR.

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2024-02-02 12:07:02 'Parallel' Teases Open Beta Plans as New Ethereum NFT Cards Launch

Parallel, the NFT card-battler that Decrypt’s GG named as its 2023 game of the year, may soon be launching to a much larger audience amid teases of an open beta launch on the horizon. Currently available in a closed beta test that’s gradually letting more players in, Parallel said on Twitter (aka X) late Wednesday that info on the open beta is coming “soon.”

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2024-02-01 21:27:03 Bybit Provides NFT Ticket Marketplace for Robbie Williams’ 25th Anniversary Virtual Concert

Robbie Williams' 25th Anniversary Virtual Convert, Bybit, the world's third-largest cryptocurrency exchange by volume, is poised to revolutionize the Web3 landscape with an extraordinary celebration commemorating Robbie Williams's 25th-year anniversary. Bybit Web3 is the Official NFT Marketplace Partner to the upcoming virtual concert - "Robbie Williams Beyond Reality in LightCycle - A Virtual Music Experience" presented by LightCycle.

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2024-02-01 10:57:02 Ethereum Gaming Token Ronin Price Spikes to Two-Year High After $246K ‘Axie Infinity’ NFT Sale

RON, the native token of the Ethereum-based Ronin Network, continued its recent ascent Wednesday as it popped to a nearly two-year high price of $2.89, according to data from CoinGecko. It’s up 5% on the day and 57% over the past 30 days. However, the latest RON pump came after a couple of notable events in the world of Axie Infinity, the NFT-based monster-battling game developer Sky Mavis originally built Ronin to support back in 2021.

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