Crypto Flipsider News — Shiba Inu Announces Its Metaverse, Dogecoin Founder Fires Criticism; U.K. Extends Crypto Registration; Cardano Whales on Buying Spree; Polygon Launches Web 3.0 ID to Keep Users Safe; BNB Eyes $520, Binance Launches Bridge 2.0
Read in the Digest:
Shiba Inu announces its metaverse, Dogecoin founder fires criticism.
The U.K. extends registration for crypto firms, while Washington passes bill to expand blockchain adoption.
Cardano whales go on buying a spree, signalling more upsides for ADA.
Polygon launches Web 3.0 ID to keep personal information of users private.
Binance launches Bridge 2.0 to integrate CeFi and DeFi as BNB Eyes $520.
Shiba Inu Announces Its Metaverse, Dogecoin Founder Fires Criticism
The developers behind Shiba Inu announced that its metaverse will launch with 100,595 land plots released across four phases. Land owners will be able to generate passive income, gather in-game resources, and generate rewards.
While the Shiba Army remains euphoric about the development, Dogecoin co-founder Billy Markus has condemned the move.
According to Markus, the Shiba Inu metaverse is a valueless cash grab project.
The developers were also criticized for picking Ethereum as the land pricing token.
Why You Should Care
The Shiba metaverse will launch as a competitor to leading projects like Decentraland, and looks to make Shiba Inu more than just a meme project.
The U.K. Extends Registration for Crypto Firms, While Washington Passes Bill to Expand Blockchain Adoption
With Revolut and other crypto firms looking to exit the U.K. over the March 31st expiry of its temporary FCA registration, the regulatory agency has elected to give