Layer-1 blockchain platform Wire Network announced the launch of its blockchain interoperability protocol called Universal Polymorphic Address Protocol (UPAP).Read more
Thailand based metaverse startup Translucia Global Innovation has partnered with the Australian software development firm Two Bulls and set aside an initial budget of $100 million to build a Metaverse Research and Development Center (MRDC) in Melbourne.Read more
Instagram’s parent company, Meta, announced Wednesday that it will begin testing NFTs on Instagram Stories using its augmented reality platform Spark AR.
CEO Mark Zuckerberg said of the news, “We’re expanding our test so more creators around the world can display their NFTs on Instagram.
The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $20,557.18 and BTC market dominance is %. The price of Ethereum is $1,115.57 and ETH market dominance is %. The best performing cryptoasset sector is Jobs, which gained 39%.Read more
Global spending in the metaverse could reach $5 trillion by 2030, according to a new report from international consulting firm McKinsey & Company.Read more
Yahoo has announced a series of Metaverse and NFT-related activities in Hong Kong, a day after Meta Platforms outlined its own metaverse plans for the region.Read more
One of the largest public universities in the United States by enrollment may be planning to launch virtual classes in the metaverse in the future.Read more
Authorities in the U.S. states of Alabama, Kentucky, New Jersey, Texas and Wisconsin have filed enforcement actions against the Flamingo Casino Club for allegedly perpetrating a scam through nonfungible tokens (NFTs) tied to a metaverse casino.Read more
Popular NFT collector “punk6529” today unveiled an ambitious open Metaverse project that is looking to attract 100 million users.
The self-funded project is dubbed “OM” and aims to be an open platform that is built and shared by the community.
Facebook whistleblower Frances Haugen has taken aim at Meta in a new interview, suggesting that its version of the Metaverse will simply repeat all of its past mistakes.Read more