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Interpol Is Figuring Out How the Metaverse Will Be Policed
6.2.2023
The International Criminal Police Organization, Interpol, is working on how to police the metaverse, a digital world that is projected as an alternative to the real world. Interpol secretary general Jurgen Stock believes the organization must be ready for this task in order to not be left behind...
How to protect against crime in the metaverse
4.2.2023
To protect against crime in the metaverse, take precautions, such as using secure passwords, and report suspected criminal activities to law enforcement
Samsung Is Preparing Its Own Metaverse Hardware in Partnership With Google and Qualcomm
4.2.2023
Samsung, the Korean electronics company, has revealed it is working to build its own metaverse and extended reality devices, hinting at the possibility of the launch of a VR headset in the near future. TM Roh, head of Samsung mobile experiences business, stated that the device will be built...
Meta Calls 2023 a ‘Year of Efficiency;’ Anticipates More Losses in Its Metaverse Division
4.2.2023
Meta, the company that owns Facebook, Instagram, and Whatsapp, has shared its fourth quarter results, reporting better numbers than expected. While the company beat revenue estimates, CEO Mark Zuckerberg declared 2023 a “Year of Efficiency,” hinting at a further restructuration of...
Okx to Launch Okx Collective, a Metaverse Experience Powered by Manchester City Soccer Players
2.2.2023
Okx, one of the largest cryptocurrency exchanges in the market, has announced the launch of its soccer-focused metaverse experience, called the “Okx Collective.” The immersive experience will include Jack Grealish, Rúben Dias, Ilkay Gündoğan, and Alex Greenwood, stars from Manchester...
Is the Metaverse really turning out like ‘Snow Crash’?
2.2.2023
Neal Stephenson’s science fiction novel Snow Crash predicted the Metaverse in 1992. This cult book has the amusingly-named Hiro Protagonist running around in an artificial cyber world, trying to stop a virus that wipes minds, aided by his hacker friend Y.T. Reality is a place to escape from,...
Preserving and reinventing music festival legacy in the metaverse
2.2.2023
The metaverse has been used as a means of cultural preservation in the past. Now, the legacy music festival Woodstock is using digital reality to preserve its legacy and reinvent its future
How to demystify DeFi
2.2.2023
Although the learning curve for using decentralized finance (DeFi) is steeper than with centralized exchanges, DeFi and its use of immutable smart contracts open up prospects for a more inclusive world
Metaphysic develops AI for a hyperreal Metaverse experience
2.2.2023
Metaphysic recently announced collaborating with Creative Artists Agency. The partnership will result in the development of AI tools that enable hyperreal metaverse experiences. According to the latest tweet by Coindesk, Metaphysic will work with Miramax and develop content for ‘Here,’ the upcoming...
Meta CEO Zuckerberg steadfast on metaverse plans despite $13.7B setback
2.2.2023
During a Q4 earnings call on Feb. 1, Mark Zuckerberg said he saw no reason to deviate from their long-term Metaverse strategy
Facebook's VR Division Lost $13.72 Billion In 2022
2.2.2023
Facebook’s parent company, Meta, is having a decent day today after beating revenue and user activity forecasts for its final fiscal quarter of 2022. But its VR division isn’t helping the company make money. In fact, it’s costing the company billions in losses.Read more
Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022
1.2.2023
The social media giant reported losing $4.3 billion in the division in the fourth quarter of 2022 on revenues of $727 million
Meta gets court win in metaverse acquisition plans: Report
1.2.2023
Should the Federal Trade Commission not appeal the ruling, Meta would likely be able to acquire additional companies offering metaverse-related products or services
First NFT Exchange-Traded Fund Announces Closure as Market for Non-Fungible Tokens and Metaverse Assets Cool Down
1.2.2023
The first-ever exchange-traded fund focused on NFTs and metaverse assets has announced closure as the crypto winter continues to take more victims.
The Defiance Digital Revolution ETF, which is listed on the NYSE under the ticker NFTZ, will close down by the end of February, according to...
Metaverse Tokens Outperform Top Crypto Assets in 2023 With Decentraland’s MANA Leading the Pack
1.2.2023
During the first month of 2023, the top two leading cryptocurrencies, bitcoin and ethereum, experienced double-digit gains against the U.S. dollar. Meanwhile, several alternative cryptocurrencies saw even greater increases in value, with metaverse tokens like Decentraland’s MANA and...
Crypto Market January Roundup: Aptos, Metaverse-Affiliated Tokens Lead Broad-Based Rally
31.1.2023
Layer 1 blockchain Aptos’ native token has surged over 387% this month, leading all cryptocurrencies for gains and dwarfing bitcoin and ether’s performance. Solana’s SOL token also rises
Metaverse Tokens Outperforming Bitcoin in January
31.1.2023
Decentraland’s MANA has surged 152% for the month, while The Sandbox’s SAND is up over 90%
How AI can make the metaverse a more interactive space
31.1.2023
The metaverse will likely impact physical and social interactions, with artificial intelligence a critical factor in this shift
Polkacity offers a new VR horse racing experience
30.1.2023
Polkacity is overjoyed and takes great pleasure in announcing the successful delivery of their horse racing through the use of virtual reality technology. According to reliable sources from their camp, this is bound to be a first-time and first-hand experience revolving around horse racing in...
Recruiting Agencies in Japan Are Turning to the Metaverse
30.1.2023
The metaverse is making inroads in job recruiting fronts in Japan. According to local reports, a mega metaverse job fair was organized on Jan. 27, with more than 2,000 students taking part in the experience. The students used avatars to communicate and review the job previews available in different...