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CryptoCentralized.com
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  • Crypto News
    SBI Issues 1st Security Token Bond With Direct XRP Exposure

    RLUSD and XRP Rank Among Top Assets in Crypto Philanthropy

    Cardano Powers New RWA Platform With Archax Integration

    Cardano Powers New RWA Platform With Archax Integration

    How IOTA Is Powering EU-Compliant Digital Product Passports

    How IOTA Is Powering EU-Compliant Digital Product Passports

    Hedera Integrates Chainlink to Unlock Real-World Data

    Hedera Integrates Chainlink to Unlock Real-World Data

    Aave Labs Proposes Bug Bounty Program for V4 With Sherlock

    Aave Labs Proposes Bug Bounty Program for V4 With Sherlock

    SBI Issues 1st Security Token Bond With Direct XRP Exposure

    XRP Ledger’s XLS-65 Introduces Single Asset Vaults for DeFi

    Pi Network Rolls Out Phase 2 Protocol Upgrades

    Pi Network Tests AI Computing on Nodes Ahead of Pi Day DEX

    Ripple Adds Coinbase Derivatives for Institutional Trading

    Ripple Adds Coinbase Derivatives for Institutional Trading

    From a 100 BTC Scam to Building VeChain

    From a 100 BTC Scam to Building VeChain

  • Bitcoin
    Bitcoin Losing Strength — $66,000 Now The Line Between Recovery And Crash

    Bitcoin Losing Strength — $66,000 Now The Line Between Recovery And Crash

    Bitcoin ETFs Bleed $349M In A Day As Whales Dump

    Bitcoin ETFs Bleed $349M In A Day As Whales Dump

    XRP Bull Flag Breakout After 8-Month Consolidation To Send Price To $11

    XRP Bull Flag Breakout After 8-Month Consolidation To Send Price To $11

    Bitcoin On-Chain Data Identifies Unusual Market Cap Behavior

    Bitcoin Sees Historic Death Cross On 3-Day Chart — What Does This Mean?

    Bitcoin Sees Historic Death Cross On 3-Day Chart — What Does This Mean?

    Did Quantum Computing Fears Crash Bitcoin? NYDIG Says No

    Analyst Says Bitcoin $200,000 Target Remains Open, But There’s A More Realistic Target

    Bitcoin May Hit $180,000 This Year, But Only If This Scenario Plays Out: Amber Data

    Bitcoin May Hit $180,000 This Year, But Only If This Scenario Plays Out: Amber Data

    Solana Hits ‘Inflection Point’, But Multi-Year Trend Suggests ATH

    Solana Risks 2022-Like Correction As Price Erases Recovery

    Why March 4 Marked An Institutional Bitcoin Floor

    Why March 4 Marked An Institutional Bitcoin Floor

  • Ethereum
    MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet

    MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet

    Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

    Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

    Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others

    Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others

    Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum

    Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum

    EY Launches Ethereum-Based Carbon Emission Tracking Platform

    EY Launches Ethereum-Based Carbon Emission Tracking Platform

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Decentralized Exchange Vertex Launches on Ethereum Layer 2 Arbitrum

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Ethereum’s Shanghai Upgrade Spurs Institutional Investment Into Staking

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Ethereum’s Shanghai Upgrade on Deck; Developers, Traders Aflutter With Anticipation

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

  • Ripple
    XRP and XRPL get a credibility lift from Ripple’s expanding footprint

    XRP and XRPL get a credibility lift from Ripple’s expanding footprint

    XRP rewrites the playbook for altcoin ETF approvals to surge in late 2026 after a wave of futures listings

    XRP rewrites the playbook for altcoin ETF approvals to surge in late 2026 after a wave of futures listings

    Will XRP Ledger‘s (XRPL) success translate into a surge for XRP?

    Will XRP Ledger‘s (XRPL) success translate into a surge for XRP?

    XRP Ledger (XRPL) averts critical security flaw with AI

    XRP Ledger (XRPL) averts critical security flaw with AI

    SBI Holdings is dangling XRP to sell a plain three year bond, but the numbers show how small

    SBI Holdings is dangling XRP to sell a plain three year bond, but the numbers show how small

    Is Ripple eyeing AI-agent push for XRP Ledger (XRPL)?

    Is Ripple eyeing AI-agent push for XRP Ledger (XRPL)?

    XRP’s critical juncture signals potential recovery or prolonged repair

    XRP’s critical juncture signals potential recovery or prolonged repair

    XRP finds new life in lending and regulated markets amid BTC stall

    XRP finds new life in lending and regulated markets amid BTC stall

    The metrics that matter for XRP network health and how to read them without counting noise

    The metrics that matter for XRP network health and how to read them without counting noise

  • Altcoin
    Rep. Tom Emmer roasts Gary Gensler in fiery speech on the House floor

    Rep. Tom Emmer roasts Gary Gensler in fiery speech on the House floor

    HSBC to launch custody service for tokenized securities

    HSBC to launch custody service for tokenized securities

    Robinhood Q3 earnings report reveals plans to launch crypto services in EU

    Robinhood Q3 earnings report reveals plans to launch crypto services in EU

    Binance unveils self-custody web3 wallet

    Binance unveils self-custody web3 wallet

    ‘Keep Your Coins Act’ comes to US Senate amid push for crypto self-custody

    ‘Keep Your Coins Act’ comes to US Senate amid push for crypto self-custody

    Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

    Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

    Circle eyes IPO as USDC market dominance dips to two-year low

    Circle eyes IPO as USDC market dominance dips to two-year low

    Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

    Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

    Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

    Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

  • Blockchain
    Top Privacy Coins Poised to Lead the Next Crypto Bull Run

    Top Privacy Coins Poised to Lead the Next Crypto Bull Run

    Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or Market Trap?

    Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or Market Trap?

    Pepe Price Prediction – Best Meme Coin to Buy During Crypto Market Crash?

    Pepe Price Prediction – Best Meme Coin to Buy During Crypto Market Crash?

    How High Can $SHIB Go In The Next Crypto Rally?

    How High Can $SHIB Go In The Next Crypto Rally?

    Best Altcoins to Buy Now as Bitcoin Eyes Critical Moving Averages

    Best Altcoins to Buy Now as Bitcoin Eyes Critical Moving Averages

    Ethereum Price Prediction: Bearish Technicals Keep $ETH Under Pressure Near $2,700

    Ethereum Price Prediction: Bearish Technicals Keep $ETH Under Pressure Near $2,700

    Will 2026 Bring A Major Rally For $PEPE?

    Will 2026 Bring A Major Rally For $PEPE?

    Galaxy Digital, Multicoin Capital, Jump Crypto Eye $1B Solana Firm

    Solana Price Climbs 3.5% Amid Broader Market Volatility

    Trump Says New Fed Chair Will Cut Rates After Warsh Nomination

    Trump Says New Fed Chair Will Cut Rates After Warsh Nomination

  • Interviews
    TEN Protocol redefines Ethereum’s privacy with ‘compute in confidence’ approach

    TEN Protocol redefines Ethereum’s privacy with ‘compute in confidence’ approach

    Ardoino on building rails that won’t snap

    Ardoino on building rails that won’t snap

    Jeff Booth wants you to move more of your time into Bitcoin

    Jeff Booth wants you to move more of your time into Bitcoin

    Unified security layers may accelerate institutional crypto adoption

    Unified security layers may accelerate institutional crypto adoption

    Avail aims to revolutionize blockchain with a universal unification layer

    Avail aims to revolutionize blockchain with a universal unification layer

    why industry veteran Jameson Lopp sees apathy as the greatest threat

    why industry veteran Jameson Lopp sees apathy as the greatest threat

    Gracy Chen, the rare but glorious woman behind Bitget’s epic growth

    Gracy Chen, the rare but glorious woman behind Bitget’s epic growth

    SSV founder Alon Muroch on the ‘dangerous’ divergence affecting crypto’s number 2 coin

    SSV founder Alon Muroch on the ‘dangerous’ divergence affecting crypto’s number 2 coin

    The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption

    The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption

  • Trading
    Bitcoin’s $73,000 rally faces crucial test as momentum seeks shift

    Bitcoin’s $73,000 rally faces crucial test as momentum seeks shift

    Bitcoin miners’ AI pivot draws billion-dollar Wall Street bets

    Bitcoin miners’ AI pivot draws billion-dollar Wall Street bets

    Israel’s weekly $3B Iran war cost equals over 41,000 Bitcoin

    Israel’s weekly $3B Iran war cost equals over 41,000 Bitcoin

    Bitcoin investors may not need altcoins to diversify if tokenized stocks move on-chain

    Bitcoin investors may not need altcoins to diversify if tokenized stocks move on-chain

    Bitcoin hit $74k — but losing $70k could send it back toward $60k

    Bitcoin hit $74k — but losing $70k could send it back toward $60k

    Here’s why Bitcoin price could maintain strength above $70,000

    Here’s why Bitcoin price could maintain strength above $70,000

    Bitcoin surges past $71,000 during a record South Korean stock market crash of 18% this week

    Bitcoin surges past $71,000 during a record South Korean stock market crash of 18% this week

    Bitcoin’s $85 billion derivatives engine may move onshore as CFTC eyes April approval

    Bitcoin’s $85 billion derivatives engine may move onshore as CFTC eyes April approval

    Bitcoin watches as US injects $3 billion into banks

    Bitcoin watches as US injects $3 billion into banks

  • Regulation
    US lawmakers consider ban on prediction markets amid Iran bets

    US lawmakers consider ban on prediction markets amid Iran bets

    Bitcoin volatility could explode in April as SEC reviews the market behind ETF leverage

    Bitcoin volatility could explode in April as SEC reviews the market behind ETF leverage

    Crypto firm Kraken secures direct link to Federal Reserve payments

    Crypto firm Kraken secures direct link to Federal Reserve payments

    White House stablecoin deadline slips as CLARITY Act stalls

    White House stablecoin deadline slips as CLARITY Act stalls

    200 insider trading probes opened on Kalshi and one quiet change could remake prediction markets overnight

    200 insider trading probes opened on Kalshi and one quiet change could remake prediction markets overnight

    Circle’s $461M payout shows who captures USDC yield — and it’s not Circle

    Circle’s $461M payout shows who captures USDC yield — and it’s not Circle

    Crypto traders are chasing 10x leverage in the US while Europe tightens the screws behind the scenes

    Crypto traders are chasing 10x leverage in the US while Europe tightens the screws behind the scenes

    The SEC just gave Cardano a 75-day shortcut to a spot ETF that took Bitcoin 240 days

    The SEC just gave Cardano a 75-day shortcut to a spot ETF that took Bitcoin 240 days

    ECB slaps a €1.3B price tag on the digital euro amid leadership change rumors

    ECB slaps a €1.3B price tag on the digital euro amid leadership change rumors

  • Scams
    DOJ seizures of $580M expose how crypto investment scams scaled into shift work with quotas and scripts

    DOJ seizures of $580M expose how crypto investment scams scaled into shift work with quotas and scripts

    Coinbase claims arrest in the $355 million insider extortion scheme that targeted nearly 70,000 customers

    Coinbase claims arrest in the $355 million insider extortion scheme that targeted nearly 70,000 customers

    Binance CEO had WeChat hacked by cellphone exploit that likely leaves your own crypto exposed

    Binance CEO had WeChat hacked by cellphone exploit that likely leaves your own crypto exposed

    Polymarket faces major credibility crisis after whales forced a “YES” UFO vote without evidence

    Polymarket faces major credibility crisis after whales forced a “YES” UFO vote without evidence

    Top-ranked Chrome ‘wallet’ that steals your seedphrase

    Top-ranked Chrome ‘wallet’ that steals your seedphrase

    Will the UK sell newly seized $7.2B BTC, create Bitcoin treasury or pay victims?

    Will the UK sell newly seized $7.2B BTC, create Bitcoin treasury or pay victims?

    Crypto hacker falls victim to own scam losing $50 million to Inferno Drainer’s phishing attack

    Crypto hacker falls victim to own scam losing $50 million to Inferno Drainer’s phishing attack

    Crypto investor loses $3M in advanced phishing attack

    Crypto investor loses $3M in advanced phishing attack

    Solana trading bot Aqua allegedly rug pulls $4.65 million after major ecosystem endorsements

    Solana trading bot Aqua allegedly rug pulls $4.65 million after major ecosystem endorsements

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  • Home
  • Crypto News
    SBI Issues 1st Security Token Bond With Direct XRP Exposure

    RLUSD and XRP Rank Among Top Assets in Crypto Philanthropy

    Cardano Powers New RWA Platform With Archax Integration

    Cardano Powers New RWA Platform With Archax Integration

    How IOTA Is Powering EU-Compliant Digital Product Passports

    How IOTA Is Powering EU-Compliant Digital Product Passports

    Hedera Integrates Chainlink to Unlock Real-World Data

    Hedera Integrates Chainlink to Unlock Real-World Data

    Aave Labs Proposes Bug Bounty Program for V4 With Sherlock

    Aave Labs Proposes Bug Bounty Program for V4 With Sherlock

    SBI Issues 1st Security Token Bond With Direct XRP Exposure

    XRP Ledger’s XLS-65 Introduces Single Asset Vaults for DeFi

    Pi Network Rolls Out Phase 2 Protocol Upgrades

    Pi Network Tests AI Computing on Nodes Ahead of Pi Day DEX

    Ripple Adds Coinbase Derivatives for Institutional Trading

    Ripple Adds Coinbase Derivatives for Institutional Trading

    From a 100 BTC Scam to Building VeChain

    From a 100 BTC Scam to Building VeChain

  • Bitcoin
    Bitcoin Losing Strength — $66,000 Now The Line Between Recovery And Crash

    Bitcoin Losing Strength — $66,000 Now The Line Between Recovery And Crash

    Bitcoin ETFs Bleed $349M In A Day As Whales Dump

    Bitcoin ETFs Bleed $349M In A Day As Whales Dump

    XRP Bull Flag Breakout After 8-Month Consolidation To Send Price To $11

    XRP Bull Flag Breakout After 8-Month Consolidation To Send Price To $11

    Bitcoin On-Chain Data Identifies Unusual Market Cap Behavior

    Bitcoin Sees Historic Death Cross On 3-Day Chart — What Does This Mean?

    Bitcoin Sees Historic Death Cross On 3-Day Chart — What Does This Mean?

    Did Quantum Computing Fears Crash Bitcoin? NYDIG Says No

    Analyst Says Bitcoin $200,000 Target Remains Open, But There’s A More Realistic Target

    Bitcoin May Hit $180,000 This Year, But Only If This Scenario Plays Out: Amber Data

    Bitcoin May Hit $180,000 This Year, But Only If This Scenario Plays Out: Amber Data

    Solana Hits ‘Inflection Point’, But Multi-Year Trend Suggests ATH

    Solana Risks 2022-Like Correction As Price Erases Recovery

    Why March 4 Marked An Institutional Bitcoin Floor

    Why March 4 Marked An Institutional Bitcoin Floor

  • Ethereum
    MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet

    MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet

    Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

    Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

    Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others

    Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others

    Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum

    Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum

    EY Launches Ethereum-Based Carbon Emission Tracking Platform

    EY Launches Ethereum-Based Carbon Emission Tracking Platform

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Decentralized Exchange Vertex Launches on Ethereum Layer 2 Arbitrum

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Ethereum’s Shanghai Upgrade Spurs Institutional Investment Into Staking

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Ethereum’s Shanghai Upgrade on Deck; Developers, Traders Aflutter With Anticipation

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

  • Ripple
    XRP and XRPL get a credibility lift from Ripple’s expanding footprint

    XRP and XRPL get a credibility lift from Ripple’s expanding footprint

    XRP rewrites the playbook for altcoin ETF approvals to surge in late 2026 after a wave of futures listings

    XRP rewrites the playbook for altcoin ETF approvals to surge in late 2026 after a wave of futures listings

    Will XRP Ledger‘s (XRPL) success translate into a surge for XRP?

    Will XRP Ledger‘s (XRPL) success translate into a surge for XRP?

    XRP Ledger (XRPL) averts critical security flaw with AI

    XRP Ledger (XRPL) averts critical security flaw with AI

    SBI Holdings is dangling XRP to sell a plain three year bond, but the numbers show how small

    SBI Holdings is dangling XRP to sell a plain three year bond, but the numbers show how small

    Is Ripple eyeing AI-agent push for XRP Ledger (XRPL)?

    Is Ripple eyeing AI-agent push for XRP Ledger (XRPL)?

    XRP’s critical juncture signals potential recovery or prolonged repair

    XRP’s critical juncture signals potential recovery or prolonged repair

    XRP finds new life in lending and regulated markets amid BTC stall

    XRP finds new life in lending and regulated markets amid BTC stall

    The metrics that matter for XRP network health and how to read them without counting noise

    The metrics that matter for XRP network health and how to read them without counting noise

  • Altcoin
    Rep. Tom Emmer roasts Gary Gensler in fiery speech on the House floor

    Rep. Tom Emmer roasts Gary Gensler in fiery speech on the House floor

    HSBC to launch custody service for tokenized securities

    HSBC to launch custody service for tokenized securities

    Robinhood Q3 earnings report reveals plans to launch crypto services in EU

    Robinhood Q3 earnings report reveals plans to launch crypto services in EU

    Binance unveils self-custody web3 wallet

    Binance unveils self-custody web3 wallet

    ‘Keep Your Coins Act’ comes to US Senate amid push for crypto self-custody

    ‘Keep Your Coins Act’ comes to US Senate amid push for crypto self-custody

    Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

    Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

    Circle eyes IPO as USDC market dominance dips to two-year low

    Circle eyes IPO as USDC market dominance dips to two-year low

    Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

    Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

    Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

    Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

  • Blockchain
    Top Privacy Coins Poised to Lead the Next Crypto Bull Run

    Top Privacy Coins Poised to Lead the Next Crypto Bull Run

    Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or Market Trap?

    Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or Market Trap?

    Pepe Price Prediction – Best Meme Coin to Buy During Crypto Market Crash?

    Pepe Price Prediction – Best Meme Coin to Buy During Crypto Market Crash?

    How High Can $SHIB Go In The Next Crypto Rally?

    How High Can $SHIB Go In The Next Crypto Rally?

    Best Altcoins to Buy Now as Bitcoin Eyes Critical Moving Averages

    Best Altcoins to Buy Now as Bitcoin Eyes Critical Moving Averages

    Ethereum Price Prediction: Bearish Technicals Keep $ETH Under Pressure Near $2,700

    Ethereum Price Prediction: Bearish Technicals Keep $ETH Under Pressure Near $2,700

    Will 2026 Bring A Major Rally For $PEPE?

    Will 2026 Bring A Major Rally For $PEPE?

    Galaxy Digital, Multicoin Capital, Jump Crypto Eye $1B Solana Firm

    Solana Price Climbs 3.5% Amid Broader Market Volatility

    Trump Says New Fed Chair Will Cut Rates After Warsh Nomination

    Trump Says New Fed Chair Will Cut Rates After Warsh Nomination

  • Interviews
    TEN Protocol redefines Ethereum’s privacy with ‘compute in confidence’ approach

    TEN Protocol redefines Ethereum’s privacy with ‘compute in confidence’ approach

    Ardoino on building rails that won’t snap

    Ardoino on building rails that won’t snap

    Jeff Booth wants you to move more of your time into Bitcoin

    Jeff Booth wants you to move more of your time into Bitcoin

    Unified security layers may accelerate institutional crypto adoption

    Unified security layers may accelerate institutional crypto adoption

    Avail aims to revolutionize blockchain with a universal unification layer

    Avail aims to revolutionize blockchain with a universal unification layer

    why industry veteran Jameson Lopp sees apathy as the greatest threat

    why industry veteran Jameson Lopp sees apathy as the greatest threat

    Gracy Chen, the rare but glorious woman behind Bitget’s epic growth

    Gracy Chen, the rare but glorious woman behind Bitget’s epic growth

    SSV founder Alon Muroch on the ‘dangerous’ divergence affecting crypto’s number 2 coin

    SSV founder Alon Muroch on the ‘dangerous’ divergence affecting crypto’s number 2 coin

    The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption

    The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption

  • Trading
    Bitcoin’s $73,000 rally faces crucial test as momentum seeks shift

    Bitcoin’s $73,000 rally faces crucial test as momentum seeks shift

    Bitcoin miners’ AI pivot draws billion-dollar Wall Street bets

    Bitcoin miners’ AI pivot draws billion-dollar Wall Street bets

    Israel’s weekly $3B Iran war cost equals over 41,000 Bitcoin

    Israel’s weekly $3B Iran war cost equals over 41,000 Bitcoin

    Bitcoin investors may not need altcoins to diversify if tokenized stocks move on-chain

    Bitcoin investors may not need altcoins to diversify if tokenized stocks move on-chain

    Bitcoin hit $74k — but losing $70k could send it back toward $60k

    Bitcoin hit $74k — but losing $70k could send it back toward $60k

    Here’s why Bitcoin price could maintain strength above $70,000

    Here’s why Bitcoin price could maintain strength above $70,000

    Bitcoin surges past $71,000 during a record South Korean stock market crash of 18% this week

    Bitcoin surges past $71,000 during a record South Korean stock market crash of 18% this week

    Bitcoin’s $85 billion derivatives engine may move onshore as CFTC eyes April approval

    Bitcoin’s $85 billion derivatives engine may move onshore as CFTC eyes April approval

    Bitcoin watches as US injects $3 billion into banks

    Bitcoin watches as US injects $3 billion into banks

  • Regulation
    US lawmakers consider ban on prediction markets amid Iran bets

    US lawmakers consider ban on prediction markets amid Iran bets

    Bitcoin volatility could explode in April as SEC reviews the market behind ETF leverage

    Bitcoin volatility could explode in April as SEC reviews the market behind ETF leverage

    Crypto firm Kraken secures direct link to Federal Reserve payments

    Crypto firm Kraken secures direct link to Federal Reserve payments

    White House stablecoin deadline slips as CLARITY Act stalls

    White House stablecoin deadline slips as CLARITY Act stalls

    200 insider trading probes opened on Kalshi and one quiet change could remake prediction markets overnight

    200 insider trading probes opened on Kalshi and one quiet change could remake prediction markets overnight

    Circle’s $461M payout shows who captures USDC yield — and it’s not Circle

    Circle’s $461M payout shows who captures USDC yield — and it’s not Circle

    Crypto traders are chasing 10x leverage in the US while Europe tightens the screws behind the scenes

    Crypto traders are chasing 10x leverage in the US while Europe tightens the screws behind the scenes

    The SEC just gave Cardano a 75-day shortcut to a spot ETF that took Bitcoin 240 days

    The SEC just gave Cardano a 75-day shortcut to a spot ETF that took Bitcoin 240 days

    ECB slaps a €1.3B price tag on the digital euro amid leadership change rumors

    ECB slaps a €1.3B price tag on the digital euro amid leadership change rumors

  • Scams
    DOJ seizures of $580M expose how crypto investment scams scaled into shift work with quotas and scripts

    DOJ seizures of $580M expose how crypto investment scams scaled into shift work with quotas and scripts

    Coinbase claims arrest in the $355 million insider extortion scheme that targeted nearly 70,000 customers

    Coinbase claims arrest in the $355 million insider extortion scheme that targeted nearly 70,000 customers

    Binance CEO had WeChat hacked by cellphone exploit that likely leaves your own crypto exposed

    Binance CEO had WeChat hacked by cellphone exploit that likely leaves your own crypto exposed

    Polymarket faces major credibility crisis after whales forced a “YES” UFO vote without evidence

    Polymarket faces major credibility crisis after whales forced a “YES” UFO vote without evidence

    Top-ranked Chrome ‘wallet’ that steals your seedphrase

    Top-ranked Chrome ‘wallet’ that steals your seedphrase

    Will the UK sell newly seized $7.2B BTC, create Bitcoin treasury or pay victims?

    Will the UK sell newly seized $7.2B BTC, create Bitcoin treasury or pay victims?

    Crypto hacker falls victim to own scam losing $50 million to Inferno Drainer’s phishing attack

    Crypto hacker falls victim to own scam losing $50 million to Inferno Drainer’s phishing attack

    Crypto investor loses $3M in advanced phishing attack

    Crypto investor loses $3M in advanced phishing attack

    Solana trading bot Aqua allegedly rug pulls $4.65 million after major ecosystem endorsements

    Solana trading bot Aqua allegedly rug pulls $4.65 million after major ecosystem endorsements

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The dark side of the metaverse

December 30, 2021
in Crypto News
Reading Time: 4min read
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  • The metaverse has presented an opportunity for more aggravated online abuse, mostly targeting women and minors.
  • Several users of metaverse platforms including Facebook’s have reported cases of online sexual abuse while others say their children are being exposed to inappropriate content.

The age of the metaverse is well and truly upon us. Some of the world’s biggest companies including Meta (formerly Facebook) and Microsoft are investing fortunes to lead the new wave. Users are also flocking into metaverse platforms, some of which are built on the blockchain. But are they safe? Has online bullying taken a new level of aggravation and reach? Are women and minors safe on the metaverse? Recent reports indicate that we are a long way from a safe metaverse.

It’s easy to see why the metaverse is growing so rapidly. We are now living in an age where online interactions have become the new norm. We shop online, with Amazon now being four times bigger than Walmart. Dating is online as well as Tinder becomes ubiquitous globally. And with the COVID-19 pandemic, meetings and interactions have gone online as well with Facetime, Zoom and the rebirth of Skype. The metaverse is an extension of all these, with gaming being the entry point for most.

Read More: Bill Gates says the metaverse will host your office meetings in 3 years as Facebook takes giant leap

But it’s not safe yet and one Canadian woman narrated her story recently to the New York Times to this effect. Chanelle Siggens is an avid fan of Population One, a virtual reality game played with Facebook’s Oculus VR set. As she waited for the action to begin, another player’s avatar approached hers, started groping her, and ejaculated on her.

Her pleas for the abuse to stop fell on deaf ears.

He shrugged as if to say: ‘I don’t know what to tell you. It’s the metaverse — I’ll do what I want. Then he walked away.

Related: Ziliqa’s coming to the Metaverse as it launches its XR platform Metapolis

An unsafe metaverse

Online abuse is nothing new. It has been shown to be deadly in its traditional form, with many people taking their own lives after being bullied online. However, with the metaverse, it’s aggravated. Through VR headsets, and in some cases even full-body suits that can relay sensations, the abuse tends to feel more ‘real.’

Siggens explained:

When something bad happens, when someone comes up and gropes you, your mind is tricking you into thinking it’s happening in the real world,” Ms. Siggens said. “With the full metaverse, it’s going to be so much more intense.

This aggravation is especially bad for women and minors, much like in everyday life. Several women have come out to document the abuse they go through on virtual reality words, even forming support groups to help them cope.

Callum Hood, the head of research at the Center for Countering Digital Hate recently spent weeks monitoring digital interactions on VRChat, a metaverse-like VR game. In one 11-hour period, he recorded more than 100 problematic incidents. Some of them involved users below the age of 13. In some, the offenders made sexual or violent threats against these minors.

VRChat is unsafe because its developers and Facebook have failed to put basic measures in place to ensure abusive users cannot access its services. They have created a safe haven for abusive users at the same time as inviting minors to enter the metaverse.

What’s worse for the users is that those who should stamp these bad actors out are either unwilling or unable.

Take Facebook for instance. In March this year, Andrew Bosworth, an executive who will take over as CTO next year, admitted defeat to employees in an internal memo. Andrew said that moderating how users act in the metaverse  “at any meaningful scale is practically impossible.”

Right now, all a user can do is block and report the culprit and hope that the platform will take further action. Titania Jordan, an executive at Bark, believes that most culprits end up getting back on the platforms and abusing even more people. Bark is a platform that uses AI to monitor children’s devices for safety reasons.

She told the New York Times:

V.R. is a whole other world of complexity. Just the ability to pinpoint somebody who is a bad actor and block them indefinitely or have ramifications so they can’t just get back on, those are still being developed.

Facebook has committed to making the metaverse safe for everyone. Being one of the biggest players in the space with its Oculus VR headsets, what it does will have a big impact on the direction other companies take. Mark Zuckerberg himself has made a pledge to bring more safety into the virtual world.

Related: Facebook goes all-in on Meta with a $60M deal for Meta name rights

Kristina Milian, a spokesperson for the company says that Meta is working with policymakers and experts on this pledge.

She stated:

We don’t allow content that attacks people based on race, ethnicity, national origin, religious affiliation, sexual orientation, caste, sex, gender, gender identity, and serious disease or disability.

 


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