COMING to you every Sunday, 24/7 Crypto will help you keep track of every important news story that happened this week in the metaverse.
Investigators crack down on virtual casino with alleged ties to Russia
Regulators from five states in the US have filed an emergency cease-and-desist order against an alleged metaverse-based casino which they claim has ties to Russia.
The 22-page order, filed by Texas, Wisconsin, Alabama, Kentucky and New Jersey, says the virtual casino, called the Flamingo Casino Club, “is simply a high-tech scam.”
The Flamingo Casino Club claim to be affiliated with the famous Flamingo Las Vegas Hotel and Casino, but this is believed to be false.
Those behind the virtual casino were also telling users a portion of the profits from the NFT sales would go directly to the people of Ukraine.
This is also believed to be false.
“I haven’t seen any money going to benefit Ukrainians,” one of the regulators said.
Sign up to get our weekly and monthly metaverse news round-ups direct to your inbox
Real Madrid enter the metaverse
Real Madrid has entered the metaverse to offer a series of benefits to its users, including virtual visits to the Santiago Bernabeu stadium.
The project will allow fans from all over the world to interact with the club in the metaverse.
In the Real Madrid Virtual World each user has the chance to create an avatar and interact with the Real Madrid community.
Canada’s largest digital asset fund manager announces HQ in the metaverse
3iQ Corp, Canada’s largest digital asset fund manager, has announced its new virtual headquarters located in the Voxels metaverse.
3iQ Corp is a digital asset management firm that helps investors navigate and understand the evolving digital asset space with investment solutions that provide exposure to cryptocurrencies.
3iQ Corp was the first Canadian fund manager to offer a public Bitcoin investment fund and a public Ether fund.
Fred Pye, CEO of 3iQ said: “At 3iQ, we believe that blockchain will not only serve as the future of finance, but is the next iteration of the Internet.
“This announcement is akin to having a website in the early 1990s.
“Being the first regulated digital asset mutual fund manager in Canada, we are thrilled to continue that tradition of innovation and be one of the first fund managers to expand our presence in the metaverse.
“This move further demonstrates our commitment to making it easier for investors to benefit from the financial evolution to blockchain technology.”
Charli XCX will perform in Roblox
Charli XCX will play a metaverse concert on June 17, hosted on the Roblox platform.
The concert, which starts at 7pm EST, will be held in the Superstar Galaxy and is sponsored by Samsung.
NASA enters the metaverse
NASA, the US space agency, has partnered with Epic Games, the company behind Fortnite, to build a challenge for developers to help create a Martian metaverse experience.
The challenge will include a number of tasks, including designing several key environments for Martian astronauts.
US start-up to create very first search engine for the metaverse
A US start-up has raised $7million to create the very first search engine for the metaverse.
Montreal-based firm Lighthouse Labs has raised the money ahead of the launch of its Web 3.0 search provider later this year.
Read more HERE
Arianee raises $21million to bring luxury NFTs into the metaverse
Paris-based Arianee, a platform for linking NFTs to luxury brands, has raised $21 million Series A funding round led by Tiger Global.
Having pioneered what could be called “utility NFTs” tied to the ownership of luxury goods, Arianee plans to create digital desirables and reinvent customer relationship management for the metaverse.
Arianee CEO Pierre Nicolas Hurstel said: “We have built an end-to-end solution designed for brands, allowing them to create NFTs, distribute them and leverage tokens and wallets to build a new CRM, new loyalty programs, personalization options and metaverse deployment.”
Follow 24/7 Crypto on Twitter for the latest news and developments as they happen