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Mastercard to allow crypto payments in Web3 via USDC settlements
A partnership between Web3 payment protocol Immersve and payments giant Mastercard will allow users to make crypto payments on digital, physical, and the metaverse worlds. Once the transaction is successful from the user’s end, USD Coin tokens — a United States dollar-backed stablecoin issued by Circle — will get converted to fiat and be used to […]
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Crypto could see an opportunity in Europe following the collapse of SVB and Silvergate
After the collapse of Sivergate and SVB, a lot of start-ups and venture capital firms are looking to diversify the banks they deal with. Crypto, however, does not have that option. Within the US there is already a limited number of crypto-friendly banks which has just significantly gone down in the past 2 weeks. [T]he […]
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Should the crypto industry be concerned with the recent bank defaults?
Two of the banks that were friendliest to the crypto sector and the biggest bank for tech startups all failed in less than a week. While cryptocurrency prices rallied Sunday night after the federal government stepped in to provide a backstop for depositors in two of the banks, the events sparked instability in the stablecoin […]
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Silicon Valley Bank collapse sparks concern for the tech industry but the crypto industry remains relatively unscathed
Silicon Valley Bank was in “sound financial condition prior to March 9,” according to an order from California’s Department of Financial Protection and Innovation. It became insolvent after investors and depositors caused a run on its holdings, the order said. Silicon Valley Bank appears to have had a relatively small footprint in the crypto industry. Historically, many […]
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Our Metaverse project
Orbit World Metaverse is a metaverse project that we are working on that bridges the gap between customers and traditional forms of businesses within the metaverse. Our goal is to provide a realistic world that acts as your home away from home. When you enter Orbit World Metaverse, you’ll be stepping into a city where […]
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Expect to see a combination of AI and Crypto in 2023
The world is undergoing a transformation thanks to AI. Dall-E, as well as ChatGPT have proved the power of artificial intelligence. With this development, there are currently rumors regarding AI in cryptocurrency, a much-needed combo. Experts anticipate that using AI in current cryptocurrency projects would make greater, effective, and secure solutions. Considering the growth of AI in a range of sectors, experts anticipate […]
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What can you do with the Comet token?
Our native crypto token, Comet will be integral to Orbit World Metaverse. We see the token as a gateway to gaining new experiences within our metaverse. As we prepare for the launch, we’ve included a few ways you can use the Comet token! You can use the Comet token to purchase goods online within the […]
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Central African Republic looks to adopt crypto
Central African Republic (CAR), a developing country in Central Africa, set up a 15-member committee responsible for drafting a bill on the use of cryptocurrencies and tokenization in the region. According to Faustin-Archange Touadéra, the president of CAR, cryptocurrencies can potentially help eradicate the country’s financial barriers. He believed in creating a business-friendly environment supported […]
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Binance’s MENA clients rise 34% in Q4 2022
Binance’s institutional business, which includes financial institutions, family offices, and high net worth individuals, saw a 34% growth in the MENA region in Q4, 2022, the highest growth for a region for the world’s largest cryptocurrency exchange. Binance’s VIP and institutional business experienced tremendous growth throughout 2022. The number of active institutional clients on Binance […]
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