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Saxo Bank's 'Outrageous Prediction' on NFT-Based Platforms Disrupting Spotify


  Denmark’s Saxo Bank has released a set of 10 “outrageous predictions” for next year, among others forecasting that digital rights platforms based on non fungible tokens (NFTs) have the potential to disrupt Spotify’s robust position in the global music distribution industry. The bank explains...

Facebook and Instagram Curb Rules on Crypto Ads


Cryptocurrency ads on Facebook (Meta) and Instagram will get a lot easier. In its press release, Meta stated that the Cryptocurrency ecosystem has continued to grow and stabilize in recent years and has seen more government legislation that is creating clearer norms for their business. Meta expects...

Metaverse Spurs USD 100M In Weekly Land Plot NFT Sales


The demand for digital land in Meta (formerly Facebook)’s Metaverse are booming, with last week bringing USD 100m in non-fungible token (NFT) land sales, according to a recent report by dapp information provider DappRadar. The four leading virtual worlds, The Sandbox, Decentraland, CryptoVoxels...

No, Facebook Has Not Reversed Its Crypto Ad Ban


Meta, the parent company of social media giants Facebook and Instagram, has recently updated its eligibility criteria for running crypto ads, adding a total of 24 more regulatory licenses to its list of accepted licenses. While the move marks progress in Facebook's long-standing policy that barred...

Meta Loses its Crypto Chief as Head of Novi Wallet David Marcus Steps Aside


Meta, the company formerly known as Facebook, has suffered another blow to its crypto plans after its head of blockchain and the co-creator of the Diem stablecoin project stepped down. On Twitter, David Marcus wrote that the decision to leave had been “difficult,” but that “my entrepreneurial...

Digital Land Plots Selling for Millions in Metaverse Projects


The concept of the metaverse is starting to blow up, and many of the early companies that are invested in it are already reaping some of the benefits from this new trend in the market. Digital land plots in virtual worlds are now selling for millions of dollars on different platforms, including...

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