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Metaverse experts behind virtual property crash suggest establishing Metaverse regulatory mechanism

In the second half of last year, when the "Metaverse" was the most popular, the price of a virtual land plot abroad was even higher than a villa in Beijing. However, according to WeMeta platform data recently, some virtual land has plummeted by more than 80%.   A reporter from Beijing Youth Daily found that the collapse of virtual real estate is only a corner of the "metaverse" world. The capit ....

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Bitcoin plunges 15%; cryptocurrency worries mount


Bitcoin and other cryptocurrencies are plunging as anxiety spreads through the market this time, after China took more steps to crack down on the digital coins.
The world’s most heavily traded cryptocurrency plunged as low as $30,202 per coin from a high of nearly $44,000 in the past 24 hours, according to data from Coindesk.
Bitcoin recovered slightly following the New York stock market open and was down 15% at around $37,280.
Alongside bitcoin’s fall, several other major cryptos were down Wednesday. Ethereum plummeted below $2,000 per unit at its low before reclaiming some of its lost ground. Ether was down nearly 30% at $2,430 Wednesday morning. The meme-turned-cryptocurrency dogecoin lost nearly 26%. ....

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