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​📣 Mafia increasingly targeting the metaverse

Mafia organisations are increasingly targeting the metaverse as the new frontier for criminal activity, according to a report released by the Anti-Mafia Investigative Directorate (DIA) on Thursday.     The report, which refers to the second half of 2022 and focuses on encrypted communication platforms and, in general, on the internet and the darkweb, highlighted the ability of criminal organisations "to rapidly grasp the technological and economic-financial transformations on a global scale". The report also illustrated mafia clans' decreasing recourse to conventional violence and growing interest in business and investment and the opportunities offered by national and European funds. The report, which refers to the second half of 2022 and focuses on encrypted communication platforms and, in general, on the internet and the darkweb, highlighted the ability of criminal organisations "to rapidly grasp the technological and economic-financial transformations on a global scale". Calabria's 'Ndrangheta mafia continued to dominate organised crime in Italy, while Sicily's Cosa Nostra is reportedly attracting younger generations. In total assets worth 181.4 million euros were confiscated from mafia organisations during the reporting period. (ANSA).
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Telegram, the widely used chat application for 800 million monthly active users, has unveiled TON Space, a self-custodial cryptocurrency wallet.

Self-custodial wallets are gaining immense popularity due to their robust security features.

Unlike centralized counterparts, where users entrust their private keys to third-party servers, self-custodial wallets place full control of funds in the hands of users.

While the global rollout of TON Space is scheduled for November, it will not be accessible in certain regions, including the United States.
​🖼 NFT Fantasy Soccer Games Coming to US and Canada Courtesy of LaLiga and GameOn

Fantasy
sports platform GameOn has partnered with the Spanish football league LALIGA to develop Web3 games for players in the US and Canada. GameOn announced its deal with LALIGA North America on Wednesday. According to the press release, the tech company will launch fantasy games based on real-world LALIGA players and matches. GameOn CEO Matt Bailey opined that this announcement "signals a new era for GameOn.". Additionally, fans will have an opportunity to win exclusive prizes, including signed merchandise, VIP tickets, meet-and-greets, and even cash. LALIGA, meanwhile, will promote these games during in-stadium events, at watch parties, on social media, apps, the website, and email.  GameOn will pursue further "meaningful relationships" with major leagues, the CEO said, adding that the team is "confident" it will see several new partnerships in the coming months. GameOn is a publicly listed technology company that builds non-fungible token (NFT)-based games, predictive gaming, and fantasy products.
The SEC has cracked down on another NFT project, this time, Stoner Cats.

The project was charged with offering unregistered securities in the form of NFTs, raising about $8M to finance a Stoner Cats animated series.

In a report, the SEC highlighted the Stoner Cat team's marketing campaign, which mentioned multiple benefits of owning the NFT, leading investors to expect profits.

Without admitting to any wrongdoing, Stoner Cats 2 LLC has agreed to a series of measures:

- Paying a civil fine of $1 million.
- Establishing a Fair Fund to reimburse affected investors.
- Destroying all the NFTs they currently possess or control.
- Publicize the order on their website and social media platforms.
​🖼 Nouns Fork: Disgruntled NFT Holders Exit With $27 Million From Treasury

The
community of NFT holders in prominent Ethereum collection Nouns fractured into two late Friday when a proposed fork from the project was completed. Holders of more than half of all Nouns NFTs opted to leave—and collectively withdrew over $27 million worth of ETH from the project treasury in the process. The owners of 472 total Nouns NFTs—out of 846 in total, or almost 56% of the collection—joined the fork, and took almost 16,757 ETH ($27.3 million worth at present) with them from the current Nouns DAO treasury into a new DAO organization. A DAO, or decentralized autonomous organization, is an online group with tokenized membership and shared goals. Ultimately, the amount of Ethereum leaving the treasury divides down to approximately 35.5 ETH per NFT, or about $57,850. As a result of the fork, the owners’ original NFTs will be returned to the DAO treasury and each holder will be issued a replacement NFT with identical artwork for the new DAO. The new DAO will let holders “ragequit” and take their share of the treasury—that 35.5 ETH per NFT—and forfeit their profile picture (PFP) for good. The move signals a lack of confidence from many who bought into the current Nouns DAO format, which has seen millions of dollars worth of ETH spent since the project’s debut in 2021 to fund an array of Nouns-themed projects.
Cool Cats has set the stage for a groundbreaking appearance in the 97th annual Macy’s Thanksgiving Day Parade .

In a historic move, Cool Cats is poised to become the first-ever NFT collection to grace the iconic holiday extravaganza. The parade is set to unfold in real-time on November 23 in New York City.

The project was given the opportunity to join the Macy’s Thanksgiving Day Parade through an online contest held by Macy’s that provided one of five NFT brands the chance to be included. The other finalists included VeeFriends, Boss Beauties, gmoney, and SupDucks.

Additionally, Cool Cats will also be unveiling a curated collection of limited-edition merchandise that will be available at 11 Macy’s flagship stores and online at macys.com. The merchandise collection includes a plush the Blue Cat character and a vinyl collectible.
​💰 Solana's 1 NFT Marketplace Beats Whole NFT Industry on Ethereum

Solana
's leading NFT marketplace is making waves, boasting nearly as many daily traders as all Ethereum-based NFT platforms combined. This is not just a fluke; it is a testament to the unique synergy between Solana's user-friendly, cost-effective blockchain and the ever-popular world of NFTs.Why is this a big deal? Solana's blockchain is not just fast; it is also incredibly accessible. Combine that with NFTs, which have a universal appeal, and you've got a recipe for mass adoption. While Ethereum's NFT marketplaces are still performing. Now, let's talk numbers. Solana's current total value locked (TVL) stands at approximately $306.8 million, according to DefiLlama. This robust DeFi landscape adds another layer of allure to Solana's NFT marketplace, making it a one-stop-shop for all things crypto.As for Solana's price performance, the latest data shows that one SOL is valued at around $18. While this might not be its all-time high, the coin has shown resilience and potential for growth, especially considering the anti-FUD measures Solana influencers are taking in order to battle the effect of the upcoming FTX liquidation.  the sheer volume of activity on Solana's top NFT platform should make anyone sit up and take notice.
Nakamigos unveiled their latest collection, 'Nakamigos-CLOAKS,' which has been met with some skepticism from the community.

The original announcement on September 13 listed the mint price at 0.05 ETH for all investors. Shortly after receiving backlash from the community, they updated it to a free mint for Nakamigos holders.
​🖼 Krafton enters NFT-integrated metaverse gaming landscape

Krafton
, which is a colossus in the field of iGaming in South Korea, is entering the NFT-incorporated iGaming sector with its own game, Overdare. Initially, the game was named Project Migaloo, and plans are afoot to introduce the game towards the end of the year. The entirety of the delivery will occur between January and July of 2024.  Most notably, Krafton has unveiled Settlus, a blockchain technology built particularly for Overdare. The platform is often compared to Roblox and will get boosted by Epic Games’ Unreal Engine 5. Krafton is known for its achievement, PUBG. Overdare is established to provide developers with generative AI tools. This will help form various game groups, from sharpshooting to delicate role-playing content. Over and above that, Overdare will render service to the social space, allowing users the option of putting together avatars and carrying out replicated interactions. An initial preview exposes a spread-out virtual universe. In this, players will have the chance to utilize AI tools for creating complex games. Krafton initiated the project in partnership with Naver Z, a company specializing in augmented reality technology. As of the present equity stake, Krafton holds a majority of 85 percent of Overdare’s shares. Naver Z holds the remaining 15% market share. The create-to-earn economic model of Overdare will motivate players to convert virtual in-game assets into non-fungible tokens (NFTs).
Solana's 1 NFT Marketplace Beats Whole NFT Industry on Ethereum

Solana's leading NFT marketplace is making waves, boasting nearly as many daily traders as all Ethereum-based NFT platforms combined. This is not just a fluke; it is a testament to the unique synergy between Solana's user-friendly, cost-effective blockchain and the ever-popular world of NFTs.Why is this a big deal? Solana's blockchain is not just fast; it is also incredibly accessible. Combine that with NFTs, which have a universal appeal, and you've got a recipe for mass adoption. While Ethereum's NFT marketplaces are still performing.

Solana's current total value locked (TVL) stands at approximately $306.8 million, according to DefiLlama. This robust DeFi landscape adds another layer of allure to Solana's NFT marketplace, making it a one-stop-shop for all things crypto.As for Solana's price performance, the latest data shows that one SOL is valued at around $18.
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​🖼 BitMart Launches "Vote to Earn NFT Round Two" with Exclusive Pre-Sale and Marketplace Release

BitMart
, the global cryptocurrency exchange, is thrilled to announce the exciting launch of its "Vote to Earn II" NFT. After the remarkable success of its inaugural Vote to Earn NFT, BitMart is again offering its community the unique opportunity to actively vote on potential projects to be listed on BitMart and earn coveted airdrops from projects that reach the voting threshold and are successfully listed on BitMart. In the second installment, 'Vote to Earn II' NFT holders are empowered to exercise their voting rights, influencing the listing of projects in the forthcoming season on BitMart. This unique opportunity not only grants NFT holders a voice in determining the tokens available on the platform but also offers them exclusive access to project tokens or stablecoin airdrops for their active participation. In a world increasingly fascinated by non-fungible tokens, BitMart is leading the charge in democratizing the exchange’s offerings through NFT ownership. With Vote to Earn II, BitMart continues its commitment to empowering its users to further shape the ecosystem and support project they believe in.
PUBG Creator Krafton Unveils 'Overdare' NFT Game With AI Creation Tools

South Korean game studio Krafton, maker of the popular battle royale shooter PUBG, announced Thursday that its upcoming NFT-driven metaverse game project will be called Overdare—and offered a first look at the creation-centric platform. Previously known as Project Migaloo, Overdare will soft-launch in December and fully release sometime between January and July 2024, Krafton said in a statement. The company has created its own blockchain, Settlus, for the game.

Overdare appears to be a Roblox-like mobile game platform built with Epic Games’ Unreal Engine 5 that will offer creators generative artificial intelligence (AI) tools to help gamers craft their own shooter games, role-playing games (RPGs), and action RPGs, to name a few. The social game platform will also let users create custom avatars and chat with each other.
​🔫 Senco Gold & Diamonds launches virtual jewellery showroom ‘Sencoverse’ on the Metaverse

Senco
Gold & Diamonds, the Indian jewellery retailer with a legacy of over five decades, has taken a major step forward in the fast-evolving digital landscape by launching its first virtual showroom, ‘Sencoverse’ on the metaverse. It is India’s first virtual jewellery showroom on metaverse aimed at connecting with the new age customers to redefine their shopping by providing them a more customized and seamless experience. Sencoverse, the digital platform from Eastern India’s largest jewellery retailer, is a convergence of technology and artistry to bring the brand’s exquisite jewellery to life in the virtual realm. The initiative offers an end to end shopping experience to customers, from hassle-free browsing of the virtual showroom to selection of items to receiving the chosen pieces at their doorsteps. Expressing his delight at the launch of this new initiative, Suvankar Sen, MD & CEO of Senco Gold & Diamonds, said, ‘The launch of Sencoverse marks a significant leap in our digital transformation journey and our commitment to offer exceptional and hassle-free shopping experiences to our valued customers. We believe that the digitally savvy millennials and Gen Z shoppers are the future of retail.
The Authors Guild is suing OpenAI, the creator of ChatGPT.

The Authors Guild alleged that the AI startup violated U.S. copyright law as it continues to train its AI models.

In the legal documents, The Author’s Guild claims that OpenAI has violated the Copyright Act by conducting what it describes as “flagrant and harmful infringement” of registered copyrights related to written works of fiction.

One Guild member who writes marketing and web content reported losing 75 percent of their work as a result of their clients switching to AI.

The organization argues that OpenAI specifically copied some of these works extensively, without proper permission or compensation, by incorporating them into large language models (LLMs).
​🔫 L’Oréal Professionnel forays into the metaverse

L
'Oréal Professionnel, the leading brand in professional hair tech, has forayed into the Metaverse, embracing cutting-edge technology and elevating self-expression in the realm of hair beauty. As pioneers in the field of hair tech, L'Oréal Professionnel recognizes the immense potential of the Metaverse and is committed to revolutionizing the industry by offering more inclusive, diverse, and creative hair looks for virtual identities.  According to a research by Grand View Research, Inc., the global metaverse market is all set to grow at a CAGR of 41.6 per cent which will lead the market to amount to an estimate of US$ 936.6 billion by 2030. For India, Arthur D. Little, the strategy and management consulting company, India’s Metaverse market is projected to reach $200 billion by 2035. Metaverse resonates with current trends in self-expression and digitalization. It provides an immersive space for users to create digital identities, experiment with avatars, styles, and experiences, reflecting their real-world personas. As digitalization blurs physical and virtual boundaries, the metaverse enables global access to products, services, and social interactions, enhancing connectivity.
BitMart Launches "Vote to Earn NFT Round Two" with Exclusive Pre-Sale and Marketplace Release

BitMart, the global cryptocurrency exchange, is thrilled to announce the exciting launch of its "Vote to Earn II" NFT. After the remarkable success of its inaugural Vote to Earn NFT, BitMart is again offering its community the unique opportunity to actively vote on potential projects to be listed on BitMart and earn coveted airdrops from projects that reach the voting threshold and are successfully listed on BitMart.

In the second installment, 'Vote to Earn II' NFT holders are empowered to exercise their voting rights, influencing the listing of projects in the forthcoming season on BitMart. This unique opportunity not only grants NFT holders a voice in determining the tokens available on the platform but also offers them exclusive access to project tokens or stablecoin airdrops for their active participation.
​🖼 NFT Cards Featuring Legendary Anime Pokémon On The Polygon (MATIC) Blockchain

The
sale of these NFT cards took place in two stages, and it was a resounding success. NFT enthusiasts from all over the world rushed to get their hands on these unique digital collectibles. In just a matter of seconds, 175 cards were sold, highlighting the immense popularity of this project. The demand for these NFT cards is a testament to the enduring popularity of Pokemon and the excitement that surrounds the world of NFTs. The speed at which these NFT cards were sold is truly astonishing. With NFT enthusiasts snapping up 175 cards in a matter of seconds, it’s clear that the demand for these digital collectibles is incredibly high. The successful sale is a testament to both the popularity of Pokemon and the growing interest in NFTs. If you were lucky enough to get your hands on one of these NFT cards, congratulations! You now own a unique piece of Pokemon history. To make the purchase of these NFT cards as accessible as possible, the organizers of the sale accepted both fiat money from credit cards and the stablecoin USD Coin (USDC).
​🔫 Elacity Partners with the Metaverse Bank to Bring Seamless Payments and NFTs to the World’s Creators

Elacity
, the global marketplace foruser-generatedd content on the Elastos Smart Chain (ESC), has partnered with the Metaverse Bank to provide a new model for seamless payment of user-owned content fees and royalties, allowing them to be moved freely between crypto and fiat currencies. Elacity’s unique marketplace and digital rights management system allow users to take ownership of their content and monetize. Through the partnership, Metaverse Bank is making its Enigma stable coin payment engine available to content developers, enabling them to seamlessly transfer crypto earnings into any fiat currency around the world. Sash Mitchell, CEO of Elacity, describes the partnership as a’milestone’ for 99% of the creator community, which has traditionally remained subordinate to multiple other interests when attempting to protect the integrity and value of their work. This empowerment of content offers a new inclusive economic model for content creators, allowing them to define, receive, and share royalties automatically with key partners, co-creators, and other stakeholders in the form and format of their choice.
​🖼 ApeCoin Community To Acquire Top NFTs Through New DAO

ApeCoin
DAO, the organization governed by the embattled native token of the Yuga Labs ecosystem, will soon launch a sister DAO tasked with acquiring influential NFTs following a governance proposal that passed by a narrow margin. AIP-297, a proposal put forth by Animoca Brands co-founder Yat Siu, passed on Sept. 21 with 53.6% support. It includes plans to secure 750,000 APE tokens from the ApeCoin treasury to fund a community-governed NFT vault. The NFTs would span the art, music, virtual worlds, and gaming niches, among others. “The acquired NFTs will be managed via a community-governed vault, voted by the sister-DAO members, and open for APE holders to utilize the IP with potential grants in $APE in the near future,” the proposal said. “APE will be the token that powers the operations and execution of every stage, all the way from initial NFT acquisition to the development of products leveraging these NFT IPs.” The sister DAO will operate independently from the main ApeCoin DAO, but still be governed by APE holders. Siu’s proposal seeks to reinvigorate the ailing ApeCoin community amid the NFT downtrend. According to DappRadar, monthly NFT trading volume has crashed 70% to $559M since March, with sales count also down 45% to 3.2M.