Metallic glasses (MGs) are of great technological interest because of their high strength and hardness [1]. However, when MGs are exposed to an external load then they fail catastrophically along a single shear band [2]. On a microscopic scale, shear bands in MGs are considered to be controlled by the activation of shear transformation zones that represents local shearing of approximately 100 atoms [3]. To avoid the catastrophic failure in MGs and improve their ductility, predeformed samples and glasses with nanocrystalline inclusions have been studied in the past [3,4]. The main findings of these studies is that the presence of such microstructural inhomogeneities in the samples prevent the formation of the shear band, which could cause catastrophic failure. Recently, a new class of MGs have been proposed, the so-called metallic nanoglasses (NGs) [5]. Metallic NGs have been produced by consolidating nanometer-sized glassy spheres which are prepared by inert-gas condensation [5,6] (Fig. 1). Recent experimental studies have shown that metallic NGs present enhanced ductility [5] and ferromagnetism [7] when compared with MGs. In addition, NGs are promising candidates as materials for medical applications [8].