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JPMorgan Chase Granted Wallet Trademark Covering Various Virtual Currency and Crypto Payment Services
23.11.2022
The United States Patent and Trademark Office (USPTO) has granted JPMorgan Chase Bank’s trademark registration for “J.P. Morgan Wallet” for use in a wide range of financial services, including virtual currency transfers and exchanges, as well as crypto payment services. JPMorgan...
Chinese Platforms to Test Metaverse Tech During Qatar World Cup 2022 Broadcasts
21.11.2022
Several Chinese platforms are introducing metaverse tech in their coverage of Qatar’s 2022 soccer World Cup. The experiences, which will use virtual reality (VR) headsets and 5G as base tech, will allow the users to enjoy a metaverse-like view of the event, and will also give Chinese...
New Council at Ukraine’s Securities Watchdog to Draft Crypto Taxation Regulations
21.11.2022
A special council under Ukraine’s securities regulator will be tasked to develop rules for crypto taxation in the country. The new body will be also responsible for coordinating the regulation of various crypto activities and adjustments to the applicable legislation. Advisory Board to Take...
Nifty News: Chinese firms to offer World Cup metaverse viewings, X2Y2 backtracks on royalties, and more
21.11.2022
In early November the Chinese government made an ambitious plan to boost the nation’s VR industry, now it seems local tech companies are using the World Cup to test-run their products
Apple Could Be Developing Its Own Metaverse Platform
17.11.2022
Tech and communications giant Apple might be developing its own metaverse, recently posting several job offerings in the fields of virtual reality (VR) and augmented reality (AR). One of the job listings calls explicitly for engineers experienced in the development of a “3D mixed-reality...
Bob’s Burgers Nails How Virtual Reality Can Be Terrible, Sometimes
16.11.2022
In 2022, virtual reality can be an amazing experience. It can transport you to brand-new worlds or let you meet and socialize with thousands of people from around the globe. However, even after years of improvements, VR can still be a very messy, hard-to-explain, and often annoying experience, too....
Nike Launches Web3 Platform Offering Virtual Apparel and Other NFT-Based Products
15.11.2022
Sportswear giant Nike has launched .Swoosh, a new Web3 platform that will be used to launch virtual apparel like t-shirts and sneakers for avatars.
Nike became one of the biggest fashion-world players in Web3 in mid-December last year when the company acquired RTFKT, a virtual sneakers company...
Metaverse of Entertainment Expected to Grow to Almost $29 Billion Driven by Consumer Spending by 2026, Study Says
15.11.2022
A study from Technavio, a market research firm, has predicted that the area of the metaverse dedicated to entertainment, including virtual concerts, video games, and movies, will grow to $28.92 billion in value from 2021 to 2026. The report states that 33% of this growth will originate in U.S....
Apple job listings and patents hint at foray into ‘3D mixed-reality world’
15.11.2022
A “mixed-reality world” by Apple could be fast approaching as recent job openings show the tech giant is hiring a number of engineers with AR and VR experience
Government Official: FTX Collapse Will Not Stop Hong Kong Becoming Virtual Asset Hub
14.11.2022
The abrupt collapse of major crypto exchange FTX has shaken the cryptocurrency markets across the world, but it wil not hamper Hong Kong’s plans of establishing itself as a crypto hub, according to the city’s Financial Secretary Paul Chan. ...
Read More: Government Official: FTX Collapse Will...
Hong Kong ‘Actively Looking’ to Establish Regulatory Framework to Allow Crypto Futures ETFs: Report
9.11.2022
Hong Kong’s Securities and Futures Commission (SFC) is “actively looking” to create a regulatory framework that allows crypto futures exchange-traded funds (ETFs), an SFC official reportedly said. “We have come to believe that some initial concerns about virtual asset...
Forbes, along with The Sandbox, will host a virtual event
9.11.2022
Forbes has decided to deepen its ties to the Web3 community by hosting an unconventional event with its Web3 partner, Sandbox. According to their collaborative intentions, this event is scheduled to occur on November 10, 2022. The primary objective and intent of this move are to provide all of...
Chinese Government Releases VR Research Plan Including Metaverse and Odor Simulation
4.11.2022
The Chinese government has presented a plan of action regarding the inclusion of virtual reality (VR) and augmented reality (AR) in the lives of the Chinese people. The plan contemplates research of several technologies, including the development of an open metaverse platform for its citizens...
First-ever Rootstock Summit signifies the new brand identity for Bitcoin’s second-layer virtual machine
1.11.2022
The Rootstock Summit is just around the corner and signifies the relaunch of the Rootstock brand. The event will bring together key influencers and ecosystem participants to make important announcements regarding Rootstock and its growing ecosystem. The Rootstock Summit takes place in Sans Souci...
ZoidPay Announces the Launch of ZETA, the First on-Demand Metaverse
1.11.2022
PRESS RELEASE. 1st Nov 2022, Bucharest, Romania — As part of its commitment to democratize access to the next generation of Web 3.0 Financial Services, ZoidPay has announced the launch of ZETA, the first on-demand Metaverse. What is ZETA? Integrating Augmented Reality (AR), Virtual Reality (VR)...
Hong Kong Govt. Reconsiders Stance on Virtual Asset ETFs, Tokenised Securities, and Retail Investors
31.10.2022
The government says it's ready to engage with virtual asset service providers and invite them to the city
Toda City in Japan Is Using Metaverse Tools to Combat School Absenteeism
29.10.2022
Toda City, located north of Tokyo in Saitama prefecture, is using metaverse-based tools to fight the absenteeism problem that Japan faces. The city includes children in virtual spaces where they can explore virtual campuses and attend classes online, while preparing to eventually rejoin regular...
Dvision Network Announces 4th LAND Sale Together With Binance NFT and GameFi․org
28.10.2022
PRESS RELEASE. Despite the decrease of NFTs trade volume from all time high, the metaverse development is reaching all time high since more organisations and governments show high interest in this emerging technology. Such as recent Norwegian Government joins metaverse with Interpol is already...
Top five metaverse ecosystems that will likely shape the virtual world in 2023
27.10.2022
Could human beings soon exist in digital worlds? This idea has often been floated in the virtual gaming realm and is slowly becoming more than a possibility. You might have come across the ‘metaverse’ concept, combining emerging technologies such as Blockchain, Augmented Reality, and Virtual...
Metaverse losses top $3.6B for Meta with spending set to increase
27.10.2022
The tech giant is just over $500 million away from topping its more than $10 billion Metaverse department losses in 2021, but it said its spending will only grow next year