THE DAILY ENCRYPT

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How to Earn Rewards in the Metaverse and Play-To-Earn Games Through Guzzler

The cryptocurrency space has grown immensely throughout 2021. At the beginning of the year, NFTs were just a mere notion. However, as the year progressed, they picked up the pace. The OpenSea marketplace for NFTs saw vast volumes of over $3 billion as NFTs such as CryptoPunks and the Bored Ape Yacht Club sold for …

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Australian Watchdog Takes Meta To Court Over Scam Crypto Ads

On Friday, Australia’s competition regulator launched a case against Facebook owner Meta Platforms, alleging that the social media behemoth failed to prevent fraudsters from taking advantage of its platform to promote bogus advertisements featuring famous people. Several consumers have lost hundreds of thousands of dollars as a result of the ad’s complex and long-running scams.

Qatar Central Bank Studying Digital Banks and CBDCs

Qatar Central Bank is presently examining the possibility of issuing a digital currency as well as digital bank licensing, an official has said. The official adds this study will help the central bank get an understanding of what its area of focus should be. The Growing Significance of CBDC An official with the Qatar Central

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TA: Ethereum Consolidates Near $2,800, Why ETH Could Rally Again

Ethereum rallied above $2,750 against the US Dollar. ETH price is now consolidating near $2,800 and might rise further above $2,850. Ethereum started a fresh increase above the $2,750 resistance level. The price is now trading above $2,750 and the 100 hourly simple moving average. There is a major bullish trend line forming with support …

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