The Facebook Metaverse is cursed

What is the Metaverse? The Metaverse is arguably the biggest shift in content creation and the way we interact with the web and amongst ourselves. However, the concept is not new. It was first introduced in Neal Stephenson’s Sci-Fi book titled “Snow Crash” in 1992. The action takes place in an Anarcho-Capitalistic future where corporations […]

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World’s largest crypto exchange Binance announced that its insurance fund for users, often abbreviated as SAFU, has now allocated a total of $1B.

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Phantom, the wallet for DeFi and NFTs, has raised $109 million in Series B financing.

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FTX exchange (Bahamian-based cryptocurrency exchange) breaks the $32 billion value after the U.S.-based firm raised the same amount last week, even though everyone is fearing crypto winter.

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Art-based digital asset platform OneOf will be creating NFTs for music artists who are part of the Warner Music Group.

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Ubisoft is a French video game company.

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The firm is looking into opening a trading platform in Brazil next month with plans for a Spanish expansion in March.

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A curated weekly summary of forward-focused crypto news that matters. This week, markets bounce back after a difficult month of January, JPMorgan downgrades its long-term price BTC prediction from US$150,000 to US$38,000 and there are fundamental indications that BTC selling pressure may be exhausted.

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Recently, Salvadoran President Nayib Bukele made a prediction on Twitter, that Bitcoin supposedly will see a “gigantic price increase”. 

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The international betting and gambling company Entain is looking to explore its options in the metaverse with a new innovation hub called Ennovate.

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