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

Top Cryptocurrency News Today: The biggest moves in NFTs, Bitcoin, crypto rules and more

In case you had not heard, the metaverse is coming. Maybe Facebook will build part of it. Perhaps it's currently here, in the type of computer game such as Fortnite, digital collectibles referred to as non-fungible tokens and even cryptocurrencies. Perhaps there will be more than one metaverse; possibly there won't ever actually be any.

What is clear, however, is that we are suggested to believe of this amorphous metaverse as a place of infinite wonder and possibility. It is imagined by techno-utopians as an interconnected web of virtual worlds in which our "digital twins" can wander about purchasing virtual art, going to virtual gigs and having virtual relationships.

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"It's not about the commerce behind it, but belonging where individuals from different parts of the world can. have an opportunity for prosperity." Apparently Meta, Kovan has no interest in making a land-grab for this brand-new sphere, never mind that his pseudonym may come from a partial translation from Tamil to imply "king of the metaverse" or that he might run among the world's biggest NFT funds.

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NFTs representing plots of virtual "land" in the metaverse have currently been sold for hundreds of countless dollars' worth of cryptocurrency. One company selling such virtual goodies is Somnium Space, bought by Facebook founder Mark Zuckerberg's old competitors, Cameron and Tyler Winklevoss nowadays better understood for being bitcoin billionaires.

"The race for the metaverse is on!" More In-Depth tweeted. He gave the video game away. As far as I'm worried, the hypocritical dream that underpins crypto likewise lies at the heart of the metaverse. This isn't about constructing a decentralised paradise where everybody can flourish and reside in harmony; this is about making a little group of people rich."The metaverse is a marketing offensive," says Janet Murray, a professor of digital media at the Georgia Institute of Innovation and author of Hamlet on the Holodeck: The Future of Narrative in Cyberspace.