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Crypto Giants Continue to Play by Their Own Rules, Unfazed by FTX Bankruptcy
16.5.2023
A Bloomberg report has revealed that many crypto firms still follow some wrong approaches to their operations.
The surveyed firms handle assets worth tens of billions of dollars daily but don’t work with external auditors and independent boards to ensure accountability and openness.
The report...
Musk to Launch ‘Truthgpt,’ Says Microsoft-Backed Chatbot Is Trained to Lie
19.4.2023
Tech investor Elon Musk intends to develop an artificial intelligence (AI) platform that will be “truth-seeking” and safe for mankind. Admitting he is starting late, the billionaire nevertheless vowed to try to present a “third option” that will challenge the products of giants Microsoft...
France's Metaverse consultation seeks input on alternative to tech ‘giants’
12.4.2023
The government is asking about Metaverse user experiences and concerns along with potential obstacles that local firms may face entering the virtual realm
France Publishes Metaverse Consultation, Seeking Alternative to Dominance by Web Giants
11.4.2023
The economy ministry is interested in the virtual worlds' impact on privacy, health and the environment
The Metaverse Faces Uphill Battle as Tech Giants Struggle to Turn Concept into Reality – Can the Industry be Saved?
3.4.2023
While tech giants continue to pour billions into the Metaverse’s development, industry observers caution that it could take years before the concept lives up to its promise. However, they also say that the technology’s nascent stage allows its developers to try to avoid repeating the mistakes that...
‘AI Tools Will Provide Very Interesting Enhancements for the Metaverse’ — Upland Co-Founder
1.4.2023
According to Dirk Lueth, co-founder of the Upland Metaverse, the colonization of the metaverse by tech giants and the building of so-called “walled garden systems” is not sustainable. Lueth argues that instead of “locking users in,” the metaverse should usher in “a...
Sygnum sees increased crypto firm inquiries after US banking giants collapse
23.3.2023
The Swiss crypto bank, however, would stick to its policy of not onboarding U.S. clients as they focus on its core target market
Web2 giants coming into Web3 could benefit ecosystem — PBW founder
21.3.2023
Paris Blockchain Week founder Michael Amar believes large Web2 companies entering the Web3 space bring resources capable of increasing mass adoption
Africa-Focused Fintech Chipper Cash Weighs Possible Sale of Business
18.3.2023
One of Africa’s fintech giants, Chipper Cash, is said to be weighing the possibility of selling the business or bringing in new investors. According to the CEO of the FTX and Silicon Valley Bank-backed fintech startup, Chipper Cash had insignificant exposure to both SVB and Signature Bank....
Asset Management Giants Blackstone, Apollo Eyeing SVB Assets: Bloomberg
14.3.2023
SVB collapsed last week following a $42 billion bank run after it announced plans to sell $2.24 billion in new shares
Report Claims Visa and Mastercard Plan to Pause New Partnerships, Visa’s Head of Crypto Insists ‘Story Is Inaccurate’
28.2.2023
According to a recent report from sources familiar with the matter, Mastercard and Visa, the credit card and payment services giants, are halting new partnerships with cryptocurrency firms. This news comes after the collapse of several cryptocurrency ventures that offered crypto debit cards...
Payment Giants Visa and Mastercard Push Back Launch of Crypto Products due to Uncertain Market Conditions
28.2.2023
Visa and Mastercard, the two largest payment card network processors in the world, have decided to push back the launch of their crypto-related products and services due to uncertain market conditions. ...
Read More: Payment Giants Visa and Mastercard Push Back Launch of Crypto Products due...
Japanese Tech and Finance Giants Launch Japan Metaverse Economic Zone
28.2.2023
Several Japanese tech and finance giants have signed a document to create the Japan Metaverse Economic Zone, a multipurpose virtual universe that will have its base in a platform called Ryugukoku. The virtual world will allow these companies to share their technology with users as it lets them roam...
Car makers, fashion giants and pet food brands seek Web3 trademarks as 2023 rolls on
28.2.2023
The first two months of 2023 haven't seen a slowdown in trademark filings, with recent filings covering automotive, clothing and fast-moving consumer goods
Chinese Tech Giants Tencent and Bytedance Plan Cuts in Their Metaverse Divisions
20.2.2023
According to reports, Tencent and Bytedance, two Chinese tech giants, are planning to execute a significant number of job cuts in their metaverse divisions. Tencent recognized it is making some staff adjustments, amidst rumors of hundreds of layoffs in its extended reality division, while Bytedance...
Are the Remaining Crypto Giants Staring Down the Barrel of the US Government’s Gun?
10.2.2023
The latest action from the U.S. Securities and Exchange Commission (SEC) against Kraken is probably only the first stirring of a U.S. government campaign to come for the major remaining crypto exchanges, according to industry lawyers, consultants and former regulators
XRP fails to sustain momentum against other blue-chip giants
10.2.2023
The crypto market was up in January 2023, but XRP was underperforming even in the last three years. Tech-focused NASDAQ 100 stock market index recovered from its yearly low. Bitcoin and Ethereum have surged more than 35%. Cardano is up 50%; even the meme coins such as Dogecoin have also surged...
Cross-chain giants to watch closely in this next crypto cycle
6.12.2022
Innovation of Web3 technology continues to proliferate. During the last bull market (starting just before DeFi Summer 2020), a significant number of projects with novel applications emerged, receiving the attention of venture capital’s attention and wider community support. Technology...
Why BudBlockz might yield an outstanding reward than Stellar and Shiba Inu?
29.11.2022
Cryptocurrency investors constantly search for coins that will generate massive wealth for them. It is why, once such a coin is discovered, they stick to it full-time. Certain coins have lived above the cryptocurrency winter by making rewards for their investors. Stellar (XLM) and Shiba Inu (SHIB)...
Hollywood, Streaming Giants Scramble for Movie Rights to FTX Saga
24.11.2022
After the FTX collapse, the story seems as though it came from a financial thriller based on fiction and made-up characters. However, the story and the people behind it are very real and today’s streaming giants like Amazon, Apple, and Netflix are vying to get the rights to tell the FTX tale....