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The FSB declared that the "Russia-Ukraine war has actually reinforced pre-existing issues" it has concerning the "development and potential illegal use of cryptoassets."

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In case you had not heard, the metaverse is coming. Perhaps Facebook will develop part of it. Possibly it's already here, in the type of video games such as Fortnite, digital antiques referred to as non-fungible tokens and even cryptocurrencies. Maybe there will be more than one metaverse; maybe there won't ever really be any.

What is clear, however, is that we are indicated to think about this amorphous metaverse as a place of limitless marvel and possibility. It is imagined by techno-utopians as an interconnected web of virtual worlds in which our "digital twins" can wander about buying virtual art, participating in virtual gigs and having virtual relationships.


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All about Latest & Breaking News on Cryptocurrency - Moneycontrol

"It's not about the commerce behind it, but belonging where individuals from different parts of the world can. have a chance for success." Apparently Meta, Kovan has no interest in making a land-grab for this new sphere, never mind that his pseudonym may originate from a partial translation from Tamil to suggest "king of the metaverse" or that he may run one of the world's greatest NFT funds.

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NFTs representing plots of virtual "land" in the metaverse have already been offered for numerous thousands of dollars' worth of cryptocurrency. Also Found Here selling such virtual goodies is Somnium Area, invested in by Facebook founder Mark Zuckerberg's old rivals, Cameron and Tyler Winklevoss these days better understood for being bitcoin billionaires.

"The race for the metaverse is on!" one sibling tweeted. He provided the video game away. As far as I'm worried, the hypocritical fantasy that underpins crypto also lies at the heart of the metaverse. This isn't about constructing a decentralised paradise where everybody can prosper and live in consistency; this is about making a small group of people rich."The metaverse is a marketing offensive," states Janet Murray, a teacher of digital media at the Georgia Institute of Innovation and author of Hamlet on the Holodeck: The Future of Narrative in Cyberspace.