Diving Into the Metaverse: Can McDonald’s Hong Kong’s Blockchain Venture Revolutionize Branding?

A highlight from the article: McDonald’s Hong Kong is stepping into the metaverse through ‘The Sandbox’, an Ethereum blockchain-based VR platform, to engage users and promote brand loyalty. Through this partnership, users can participate in a digital tour of the brand’s history and interact with virtual McDonald’s elements, earning tokens redeemable for virtual goods. This move signals a growing trend of leveraging blockchain technology for unique customer engagement strategies.

Juggling Crypto Progress and Legal Hurdles: A Week in Review

“This week’s key crypto developments include less volatility for BTC and ETH compared to oil, Coinbase’s launch of bitcoin and ether futures trading, and the submission of paperwork for an Ethereum Strategy ETF by Valkyrie Funds. However, Binance Connect experienced a shutdown, illustrating user interface flaws. Also, Ledger facilitated crypto purchases with its PayPal integration, while PayPal launched its Cryptocurrency Hub.”

Navigating the Winds of Change: Bitcoin’s $31K Target Amid Expiring Options and Economic Shifts

Bitcoin traders are closely watching the $31K mark as $2B in BTC options are set to expire on July 28th, potentially establishing $29,500 as a strong support level. Despite changes in economic policies and looming inflation, the improving economic outlook and positive corporate earnings could lead to Bitcoin surpassing $31,000 in the coming weeks.”

Birkin Bag NFT Ruling: A Lesson on Intellectual Property Rights for Digital Creators

In a landmark ruling, a federal judge imposed a permanent ban on a non-fungible token (NFT) creator from selling digital art inspired by Hermes’ Birkin bags. The case highlights the complexities surrounding NFTs, intellectual property rights, and the importance of enforcing such rights in the digital market, prompting conversations on regulations and ethical practices within the industry.

Chinese Ethereum: Conflux Network’s Rise Amid Hong Kong Crypto Trading Decision

Conflux Network (CFX), known as the “Chinese Ethereum,” experienced a token price surge following Hong Kong’s decision to allow retail crypto trading. As the only regulatory-compliant public blockchain in China, Conflux has partnered on blockchain initiatives with major brands and government entities, and aims to help Hong Kong and mainland China expand in the Web3 area.

Liechtenstein Accepts Bitcoin for Public Services: A Step Towards a Crypto-Friendly Economy

Liechtenstein’s Prime Minister, Daniel Risch, announced plans for the government to accept Bitcoin as a payment method for public services, highlighting the nation’s interest in blockchain technologies. Liechtenstein’s proximity to the European Economic Area and its dedicated crypto regulations through the Liechtenstein Blockchain Act make it a burgeoning European crypto hub, attracting crypto businesses and adapting to the evolving global market.