Some of the latest news on bitcoin, blockchain and the metaverse

1. Cryptocurrency Announces Resumption of Bitcoin Withdrawals for Second Time in 24 Hours, Bitcoin Drops 2% Intraday

On Monday, cryptocurrency exchange Coin On announced another resumption of bitcoin withdrawals, after the exchange suspended bitcoin withdrawals twice in a 24-hour period.

Earlier today, Cryptocurrency said it needed to suspend bitcoin withdrawals due to a large number of outstanding transactions.

Earlier in the evening of the 7th, Coin On announced that it was temporarily shutting down Bitcoin withdrawals due to network congestion, and later announced that it was resuming service.

Bitcoin fell 2% during the day, with the coin price at $28,200.

2. Blockchain Tech Company Everledger Enters Receivership, Was Invested by Tencent

Blockchain tech company Everledger has entered voluntary administration bankruptcy proceedings after expected investor financing failed to materialize, Smart Company reported. The company's employees received layoff notices on March 31, and Vincents Chartered Accounts was appointed to management on April 24.

Everledger was reportedly founded by former Queensland chief entrepreneur Leanne Kemp in 2015. It initially used blockchain technology to track the provenance of diamonds and other precious materials. Everledger has raised more than $54.7 million in investment over the past eight years. 2020 saw Tencent lead Everledger's Series A funding round with $20 million. Other previous investors include GMP Securities, Rakuten and Fenbushi.

3. Jay Chou's music universe "DEMO space" on Tmall APP

According to SSE, "Jay Chou's limited collection DEMO space" mobile Tmall 3D version has been launched, the first time in Tmall APP, fans can combine the avant-garde design style of meta-universe visual image technology to get a new audio-visual experience, a glimpse of the future technology of Jay-style music meta-universe. The first online work is "Sunny Day" 3D music space, another 4 music DEMO will be online in mid-June.

According to the news in August last year, "Jay's Limited Collection DEMO Space" is a crossover collaboration between Javelin Music and Thinbox Mints to create a music meta-universe, and the DEMO space consists of 5 selected DEMOs, including "Celadon", "Love in the West", "Sunny Day", "Stranded" and "New York Subway".

4. Nigerian payment company Nomba (formerly Kudi) closes $30 million Pre-B round of funding

Nigerian payments technology provider startup Nomba has raised a $30 million Pre-B round of over-subscribed equity funding led by San Francisco-based Base10 Partners, according to News.bitcoin. Helios Digital Ventures, Shopify, Partech and Khosla Ventures also participated in the round.

Nomba, formerly known as Kudi, will invest in producing a payment solution that will allow it to fill a gap in its payment process. The new solution is expected to help the startup operate more efficiently and provide a "superior customer experience." With an estimated monthly transaction volume of around $1 billion, Nomba is already among the best payment service providers in Africa.

5. Liechtenstein Plans to Accept Payment for Government Services Using Bitcoin

Liechtenstein plans to accept payments for government services using bitcoin, which will then be immediately converted to Swiss francs, beincrypto reports. "Payment options for bitcoin are coming," Liechtenstein Prime Minister Daniel Risch said in an interview. 2019 saw Liechtenstein pass a blockchain bill, becoming one of the first countries in the world to pass a cryptocurrency regulation bill.

6. Chain Game Studio Aether Game Closes $4.5 Million Equity Financing with Mysten Labs and Other Participation

According to Digital Journal, Aether Game, a chain game studio, announced the completion of a $4.5 million token and equity funding round with participation from Mysten Labs, Polygon, Magic Eden, Polkastarter, Cogitent, Ultra, GSR, EMURGO, Master The new funds will be used for the development of its games such as "Cards of Ethernity" and "Gates of Ethernity".

Cards of Ethernity is reportedly a multi-chain game launching on the Sui and Polygon blockchains, and Gates of Ethernity is a strategic auto-battle game set to launch in late 2023. mysten Labs previously announced that Aether Game's Cards of Ethernity chain game will be available on the Sui blockchain from May 22 to May 28.