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Google Cloud Is Running a Solana Validator, Blockchain Node Engine to Support SOL Chain Next Year
6.11.2022
After Google Cloud announced that it would offer a product called the “Blockchain Node Engine” and further noted that Ethereum would be the first blockchain supported, the company revealed it was running a Solana validator on Nov. 5, 2022. Google said that the cloud division is currently working...
Mercado Pago Launches Cryptocurrency Trading Services in Mexico
31.10.2022
Mercado Pago, the financial wallet division of Mercado Libre, the Latam e-tail giant, has announced the launch of cryptocurrency trading services in Mexico. The company has already launched this kind of service in Brazil, serving one million customers in the country, allowing them to purchase...
Meta’s Reality Lab division suffers $3.7B loss in Q3
27.10.2022
Meta’s concerns have been surging for a while as the company notes another big blow. Reality Lab, Meta’s metaverse branch, recently disclosed facing 3.7 billion dollars in losses during 2022 Q3. The VR and AR operations department has experienced losses while trying to elevate...
Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3, Expects Losses to Grow in 2023
26.10.2022
Meta's revenues for the division came in at $285 million, down from $452 million in the second quarter
Microsoft Working to Bridge Its Services With the Metaverse
26.10.2022
Microsoft, the software and computing behemoth, is seeking to adapt part of its software service stack to the metaverse. Ihsan Anabtawi, CMO of Microsoft UAE, declared that the company was working to make its cloud division compatible with metaverse experiences, and to allow companies to use...
Societe Generale's Crypto Division Forge Secures Registration With French Regulator
17.10.2022
Societe Generale's crypto division SG Forge has won registration from France's Autorité des Marchés Financiers (AMF) for cryptocurrency custody and trading services
Japanese Telecom Giant NTT Docomo Launches $412 Million Metaverse Unit
11.10.2022
NTT Docomo, the largest telecom carrier in Japan, has launched a new division that will be dedicated to directing its metaverse push. The unit, named Qonoq, is already operating and has a staff of 200 people, researching and developing software and hardware solutions directed to integrate extended...
Samsung Latam Launches ‘House of Sam’ Metaverse Experience in Decentraland
4.10.2022
Samsung Latam, the regional division of the electronics giant, has decided to present its own space in Decentraland, an Ethereum-based metaverse platform. The space, which will be named “House of Sam,” will allow users to have virtual contact with different products of the brand,...
Spanish Soccer League Laliga Partners With Globant to Support New Web3 and Metaverse Initiatives
1.10.2022
Laliga, the premier soccer league organization in Spain, has announced a partnership with Globant, an Argentine software giant, to bring Web3 and metaverse experiences to its fans. The partnership will combine Globant’s tech resources with Laliga’s tech division in order to build...
JPMorgan: Demand for Crypto as Payment Method Has Drastically Declined
25.9.2022
Global investment bank JPMorgan is seeing little demand for crypto as a payment method. However, the bank noted that cryptocurrencies are becoming “larger and larger” in the gaming sector, including in the metaverse. JPMorgan Sees Little Demand for Crypto as a Payment Tool The global...
Spanish Soccer First Division Laliga to Be Featured in Decentraland’s Metaverse
16.9.2022
Laliga, the Spanish soccer first division organization, has established a strategic partnership with Stadioplus and Vegas City Limited, two metaverse-related companies, to digitize part of its activities to offer new experiences in Decentraland, an Ethereum-based metaverse. With this move, Laliga...
Thai Regulator Accuses Digital Asset Service Provider of Failing to Comply With Information Request – Matter Referred to Law Enforcement
9.9.2022
Thailand’s securities regulator recently said it had referred digital asset service provider Zipmex and its Thai unit chief executive officer, Akalarp Yimwilai, to a technology crime division of the Royal Thai Police. The regulator said it made decision after Yimwilai and his company failed...
Australian state police sets up crypto division to trace transactions
5.9.2022
The use of crypto in criminal activity has reportedly significantly increased since the AFP made its first crypto seizure in early 2018
Snapchat’s parent company shutters Web3 division amid layoffs
2.9.2022
The company said it will let go of its Web3 division to make way for restructuring after falling behind financial targets
Crypto Financial-Services Firm Galaxy Digital Hires Andrew Lace for Its London Trading Division
31.8.2022
The firm has been hiring aggressively despite concerns of a crypto winter and plans to end the year with more than 400 employees
Brazilian Brokerage Platform Rico to Offer Cryptocurrency Services Next Year
27.8.2022
Rico, a Brazilian brokerage platform part of XP Inc., has announced it plans to enter the cryptocurrency market next year. The division is expanding its operations and will also enter the banking sector, launching digital account services and a credit card. The platform follows in the steps...
Tornado Cash Ban Blows Winds of Both Division and Unity Through Crypto Community
9.8.2022
The move from the United States Treasury’s Office of Foreign Assets Control (OFAC) to effectively ban the Ethereum (ETH)-powered crypto mixing service Tornado Cash has polarized the crypto community.
Some think it is a sign that more sweeping regulatory measures could be on their way – while...
Tetris Owner Playstudios to Launch Blockchain Gaming Division and Web3 Fund
5.8.2022
Playstudios, a mobile gaming company, has recently announced it is diving into the world of Web3 gaming. The company is launching a blockchain gaming division that will introduce the concept of “rewarded play” to its users, who already enjoy real-world rewards for playing its games....
Socios.com Will Invest $100 Million in FC Barcelona Metaverse Push
3.8.2022
Socios.com, a company dedicated to the development of fan engagement tokens for sports organizations, has revealed that it will invest $100 million in the digital business of soccer team FC Barcelona, Barca Studios. The investment will give Socios.com 24.5% of the stake in the digital division...
New York financial regulator fines Robinhood's crypto division $30M
2.8.2022
“As its business grew, Robinhood Crypto failed to invest the proper resources and attention to develop and maintain a culture of compliance,” said superintendent Adrienne Harris