The International Criminal Police Organization (Interpol) is putting on its virtual reality headsets as it prepares to crack down on an expanding list of “possible crimes” in the metaverse.
According to an Oct. 20 announcement, Interpol has launched the “first ever Metaverse specifically designed for law enforcement worldwide” — introducing it at the 90th Interpol General Assembly in New Delhi — already fully operational.
“Criminals are already starting to exploit the Metaverse. The World Economic Forum […] has warned that social engineering scams, violent extremism and misinformation could be particular challenges,” the Interpol announcement reads, adding that: “As the number of Metaverse users grows and the technology further develops, the list of possible crimes will only expand.”
At the event in Delhi, Interpol also revealed plans to develop a division dedicated to cracking down on crypto crime. Interpol secretary general Jürgen Stock highlighted the need for the specified unit, as many law enforcement agencies are not currently equipped to deal with the complexities of the sector.
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Ethereum price analysis
Ethereum attempted a fresh increase above the $1,300 level, similar to Bitcoin price. ETH traded as high as $1,310 and started a fresh decline. It retested the $1,265 support zone. A low is formed near $1,270 and the price is now consolidating losses. Ether price is now trading below $1,310 and the 100 hourly simple moving average.
Source:ETHUSD on TradingView.com
The first major resistance is near the $1,295 level and the 100 hourly simple moving average, the next one is near $1,300. An initial support on the downside is near the $1,270 level. The next major support is near the $1,265 level.
Hourly MACDis gaining momentum in the bearish zone
Hourly RSI is below 50
Support Levels – $1,270, $1,265, $1,225, $1,200
Resistance Levels – $1,295, $1,300
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