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SAND, a core utility cryptocurrency of a world-leading metaverse project The Sandbox (SAND), is on the SEC's list of alleged securities. Here's what the chairman of its owner says about this fact.
Crypto News: Animoca Brands, a Hong Kong-based blockchain unicorn, has announced a strategic shift towards global markets after the crypto market witnessed a number of lawsuits from the Securities and Exchange Commission (SEC). The SEC recently labeled Animoca's SAND cryptocurrency as an unregistered security while targeting exchanges such as Binance and Coinbase Global.
The market is currently experiencing a downturn fueled by an unsettling combination of FUD (fear, uncertainty, and doubt). Adding to this challenging situation is the recent lawsuit filed against Binance by the US Securities and Exchange Commission.
Over the last few months, the SEC has taken to unilaterally labeling certain crypto assets as securities in unrelated lawsuits. But some industry participants say the agency doesn't understand the technology behind these tokens well enough to make this claim.
Sandbox Price Prediction: Defying the broader market sentiment of indecisiveness, the Sandbox coin price has showcased a significant recovery in the past two weeks. From the May month bottom of $0.47, the coin price surged 27.25% to reach the current price of $0.60.
SAND is among the few exceptions in the green today.
Metaverse tokens, including The Sandbox (SAND) and Decentraland (MANA), rose as much as 6% in the past 24 hours, amid rumors of Apple Inc‘s (NASDAQ:AAPL) possible entry into the world of virtual and augmented reality headsets.
As anticipation surges ahead of the annual Apple Worldwide Developers Conference (WWDC), whispers of the potential unveiling of Apple's extended reality (XR) headset are creating a palpable sense of excitement. Apple's XR headset is expected to transform the tech giant's legacy radically, setting a new benchmark for the rapidly evolving world of consumer technology.
The crypto created by Justin Sun, Tron, seems to have seen a significant price pump over the weekend, which came soon after the news that TRX is live on the Ethereum blockchain, thanks to the BitTorrent bridge.
Sandbox News: The Sandbox (SAND), the native token of Sandbox metaverse printed green indexes countering the selling pressure and market sentiments over the past 7 days. Sandbox price jumped by more than 7% while other major metaverse tokens' prices declined during the period.
Top 5 altcoins to watch in the crypto market in June 2023: Optimism (OP) will undergo a Mainnet network upgrade. Vega Protocol (VEGA) will greatly reduce its inflation.
The Metaverse has experienced subdued interest since its peak in 2021, causing cryptocurrencies related to it to experience sharp falls. However, these three cryptocurrencies have interesting formations that could lead to future price increases.
Arthur Madrid, the CEO of The Sandbox, a metaverse project, fell victim to a Twitter account hack on May 26.
The CEO and co-founder of the popular blockchain-based metaverse platform The Sandbox (SAND) just fell victim to bad actors who breached his Twitter account. The Sandbox chief executive Arthur Madrid tells his followers that his Twitter account was recently hacked.
A Twitter account belonging to Arthur Madrid, the co-founder and CEO of The Sandbox, a metaverse project, was compromised recently by an unknown hacker.
The executive appears to have now recovered his account.
The Sandbox comes live on BBC. Reality+ and BBC Studios have teamed up with the aim of bringing immersive experiences from beloved brands like Doctor Who and Top Gear into the rapidly growing metaverse.
Paris Hilton announced an Avatar Collection on The SandBox metaverse. Will the ongoing SAND price surge evolve into a prolonged rally?
In a week filled with positive developments, the metaverse market has witnessed a surge in value, with various metaverse tokens experiencing notable gains ranging from a solid 2% to an astounding 28%.
Over the past 24 hours, The Sandbox's (CRYPTO: SAND) price rose 3.87% to $0.52. This continues its positive trend over the past week where it has experienced a 2.0% gain, moving from $0.52 to its current price.
Around 5 billion people are online and digitally-bound assets should get the same treatment as any other type of property, says Sandbox co-founder Sebastien Borget.
Metaverse tokens surged earlier this year amid rumors about Apple's new virtual reality headset, will this time be different?
In an unprecedented development within the digital asset investment space, investors seem to be shying away from Bitcoin (CRYPTO: BTC) and looking toward alternative cryptocurrencies. Outflows from Bitcoin investment products have amounted to $38 million in the past week, contributing to a total of $160 million in outflows over the past four weeks.
Digital asset investment products saw a fourth consecutive week of outflows.
