Saudi Arabia to Invest Billions in Metaverse Technology - The statement was made at the futuristic LEAP technology event in Riyadh, where the country is attempting to reduce its reliance…
Nike Sues Online Retailer For Selling Unauthorized NFTs Shoes - Nike has sued an online reseller for selling non-fungible coins with unauthorized Nike shoe designs (NFTs). "Those unapproved products are…
Ethereum Web3 Wallet Rainbow Raises $18 Million From Alexis Ohanian - Rainbow's team revealed that the project has received $18 million in a Series A fundraising round sponsored by Alexis…
New York Stock Exchange Files Trademark for Offering Trading Services in the Metaverse - The New York Stock Exchange (NYSE) has filed a trademark application in the metaverse to provide…
JPMorgan Opens a Lounge in Decentraland - JPMorgan Chase has launched a lounge in Decentraland, as the largest bank in the US seeks to profit on what it calls the metaverse's "limitless"…
NFT Sales Nosedive This Week as Volume Drops Close to 30% - Non-fungible token (NFT) sales have plummeted 29.35 percent in the last week, according to current data. While Ethereum…
Meta's Horizon Worlds Userbase Grows Tenfold in Three Months - Horizon Worlds, one of Meta's major metaverse apps, has reached a monthly userbase of 300,000 people on its platform. Last…
President of Central Bank of Peru Criticizes Crypto - The president of Peru's Central Bank, Julio Velarde, slammed the value of cryptocurrencies and alluded to their alleged detrimental impact on…
Solana-Based Defi Margin Trading Protocol Raises $3 Million in Seed Funding - Mrgn Labs, the Solana-based decentralized finance (defi) margin technology, revealed on Wednesday that it had received $3 million…
Decentraland to Host Metaverse Fashion Week - Decentraland, a blockchain-based virtual world, has announced the start of a Metaverse Fashion Week, which will take place from March 24 to 27,…
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