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Facebook's Mark Zuckerberg Firing 11,000 After Company Spends $15bn On Metaverse
9.11.2022
Rumors have swirled this week, and now it’s confirmed: Meta, the owner of Facebook, WhatsApp, Instagram and Oculus VR, is sacking 13 percent of its workforce, a total of around 11,000 employees out of work. This comes in the wake of the company having spent an extraordinary $15 billion on...
Meta joins big tech layoffs, lets go of 11,000 employees
9.11.2022
The Facebook parent company announced it will let go of approx. 13% of its current workforce in the first mass layoff in the company’s history
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...
Largest Japanese Bank MUFG Projects to Offer Financial Services in Metaverse by 2023
9.11.2022
MUFG, the biggest bank in Japan, is projecting to offer financial services through the metaverse in 2023. The financial giant has partnered with ANA Holdings, a holdings consortium focused on air transportation companies, to be part of ANA’s Granwhale metaverse, and explore the possibility...
LBank Exchange Will List Byepix (EPIX) on November 10, 2022
9.11.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 7, 2022 – LBank Exchange, a global digital asset trading platform, will list Byepix (EPIX) on November 10, 2022. For all users of LBank Exchange, the EPIX/USDT trading pair will be officially available for trading at 13:00 UTC on November 10, 2022....
FIFA Announces Entire Range Of Nightmarish Blockchain World Cup Games
9.11.2022
Earlier this year, EA Sports and FIFA ended a partnership that had lasted for 30 years, mostly because the irredeemably-corrupt sports governing body had started making all kinds of wild demands for the rights to their name. EA walked away, and FIFA tried to pretend everything was going to be just...
Crypto News Summary: BitMEX Announces its IEO & BMEX Token, BaFin Comes After Coinbase Germany, Paradigm Launches Crypto Policy Council with US Politicians
8.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: BitMEX Announces its IEO & BMEX Token, BaFin Comes After Coinbase Germany, Paradigm Launches Crypto...
Animoca Brands: Shaping the future of Metaverse and Gaming
8.11.2022
Introduction Animoca Brands has become a leader in digital blockchain, entertainment, and gamification and is driving massive digital property rights through gaming and non-fungible tokens to build the open Metaverse. Animoca Brands is a top-ranked platform in developing and publishing a wide...
Nifty News: Royalty-enforcing NFTs a 'new asset class,' South Korea buys NFTs with CBDC, and more
8.11.2022
The CEO of NFT marketplace Magic Eden said NFT creators “need a sustained revenue model” and with “no way” of currently enforcing royalties a “new asset class” could emerge to enforce them
Trademarks filed for NFTs, metaverse and cryptocurrencies soar to new levels in 2022
7.11.2022
Trademark applications filed for NFTs alone grew from a total of 2,142 filed for 2021 to 6,855 by the end of October 2022
The Web3Souls Hackathon in the Metaverse
7.11.2022
From November 28 to December 5, the Web3Souls Hackathon will be held in the Metaverse. Its participants will get hands-on experience with the Decentralized Society Concept (DeSoc). About the Web3Souls Hackathon This is an online hackathon dedicated to creating DeSoc projects, which will take place...
Wuhan omits NFTs from metaverse plan amid regulatory uncertainty in China
7.11.2022
The Chinese government has shown a keen interest in developing a metaverse economy, but its stance on NFTs hasn’t been very clear
USM.World partners with Helio for easy earning yield on HAY
7.11.2022
USM.The world is very pleased and takes immense pleasure in making their declaration of partnering with Helio Protocol. This joining of hands between the two prime entities has been carried out with the aim and intention of making it into an absolute, mutually beneficial merger in every...
BC.GAME invests 700 ETH in NFTs for a better Metaverse
7.11.2022
BC.GAME has invested 700 ETH in multiple NFTs with the ultimate goal of boosting the metaverse and iGaming sector. The ETH amount has been spread into 5 BAYC, 3 CryptoPunks, 1 Clonex, 2 Azuki, and 3 latest Art Gobblers. The cost of 700 ETH is believed to help the crypto industry provide a better...
Meta reportedly plans 'large-scale layoffs,' but what of its metaverse division?
7.11.2022
As of the end of September, Meta had more than 87,000 employees — a large proportion of which is said to work in the Reality Labs division
90% of GameFi projects are ruining the industry’s reputation
6.11.2022
Too many projects are releasing over-hyped trailers that they can’t match with gameplay
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...
Crypto News Summary: NEAR Wallet Users Jump from 2M to 20M, IRS Preparing 'Hundreds' of Crypto Cases, Top 10 Whitehats Made $42M
4.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: NEAR Wallet Users Jump from 2M to 20M, IRS Preparing 'Hundreds' of Crypto Cases, Top 10 Whitehats Made...
Elrond rebrands as MultiversX, shifts focus to the metaverse
4.11.2022
The blockchain developer announced it will transform into MultiversX, as it shifts focus on metaverse development and introduces three new products
Blockchain Startup Elrond Rebrands to Focus on Metaverse
4.11.2022
Blockchain startup Elrond has rebranded itself MultiversX to reflect its pivot to metaverse exploration