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Half of the 10 most valuable companies on Earth are making metaverse hardware
11.8.2024
The metaverse is dead, long live the metaverse
Hong Kong virtual banks eye Web3 growth despite regulatory hurdles
9.8.2024
Despite capturing just 0.3% of retail bank assets, Hong Kong's virtual banks are exploring opportunities in the Web3 space
Thailand launches regulatory sandbox to test crypto services
9.8.2024
Thailand has been moving toward a more crypto-friendly stance throughout 2024, approving a Bitcoin ETF, initiating tax breaks for crypto and more
India has no plans to regulate crypto sales and purchases
7.8.2024
Despite tightening measures against money laundering and terror financing, India has no immediate plans to regulate cryptocurrency transactions
Hong Kong virtual bank Mox Bank launches crypto ETF trading
7.8.2024
The Standard Chartered subsidiary says it's the first bank of its kind to offer spot Bitcoin and Ether ETF trading to customers
Indian Court Reaffirms Legality of Cryptocurrency, Grants Bail to Yes World CEO
3.8.2024
The Orissa High Court in India has reaffirmed that cryptocurrency trading and transactions are neither banned nor deemed illegal in India. Citing the legality of crypto, the court granted bail to Sandeep Chowdhury, CEO of Yes World, who was accused of defrauding investors through a Ponzi scheme...
Solana Token’s Rally Reflects Protocol’s Potential, Says Web3 Advocate
3.8.2024
The seemingly fundamentals-defying surge of Solana’s native token, SOL, may reflect the project’s potential rather than its current technical performance, according to Chris Zhu, the CEO of Sonic. To support this assertion, Zhu highlights Solana’s ecosystem growth despite...
Hong Kong's Futu Launches Bitcoin, Ether Trading, Offers Alibaba, Nvidia Shares as Rewards: Report
2.8.2024
For the moment, only bitcoin and ether can be traded, while the company works on "expanding our crypto offerings in the near future."
UAE Bank Launches VASP-Focused Accounts for Managing User Funds
1.8.2024
Commercial Bank of Dubai (CBD), a United Arab Emirates-based bank, has launched dedicated accounts for virtual asset service providers to manage client funds. CEO Bernd van Linder said the move aligns with CBD’s core banking services and supports the bank’s plans to foster the digital economy. VASP...
South Korean crypto exchanges face unexpected supervisory fees
1.8.2024
Introducing supervisory fees marks a crucial step toward increased regulation and oversight
South Korean crypto exchanges face unexpected supervisory fees
1.8.2024
Introducing supervisory fees marks a crucial step toward increased regulation and oversight
England’s Law Commission proposes new property category for crypto assets
31.7.2024
The Law Commission's final report advocates for legal reforms to better protect the unique features of digital assets
Hong Kong Regulator Warns Against Proxinex for Suspected Virtual Asset Fraud
30.7.2024
The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning regarding Proxinex, an entity suspected of virtual asset-related fraud. Investors have encountered issues withdrawing virtual assets from Proxinex, later being informed that their accounts were nonexistent. The...
PlayStation VR2 Is $200 Off In Desperate Fire Sale
29.7.2024
It’s no secret that the PlayStation VR2 headset has struggled since launching back in 2023 and a new sale makes those challenges clear: Sony is currently selling the PS5 accessory for $200 off. Read more
Once Human’s Camera And Photo Mode, Explained
25.7.2024
Open world survival game Once Human’s camera (photo) mode offers limitless possibilities. You can snap a screenshot of your base, show off the latest weapon you handcrafted, or reach inside and find your inner artist by tweaking camera settings for a genuinely jaw-dropping photo.Read more
New Virtual Asset Protection Act Takes Effect in South Korea
22.7.2024
South Korea’s Act on the Protection of Virtual Asset Users went into effect on July 19, 2024, aiming to protect users and ensure market stability. Initially revised in 2021 to mandate virtual asset service providers (VASPs) to register and adhere to anti-money laundering regulations,...
Metaverse book gets boring rename in latest sign of waning enthusiasm
21.7.2024
The growing malaise for metaverse hype is reminiscent of the AI sector directly before the launch of GPT-3
Metaverse book gets boring rename in latest sign of waning enthusiasm
21.7.2024
The growing malaise for metaverse hype is reminiscent of the AI sector directly before the launch of GPT-3
AI and Metaverse Combo Could Create More Interactive, Personal Virtual Worlds, Says Tech Veteran
21.7.2024
According to Paul Thomas, a seasoned technologist and founder at Somnia, artificial intelligence (AI), like the metaverse before it, is currently experiencing hype. This hype cycle will continue to be in vogue before eventually waning. Thomas argues that combining the metaverse with AI...
Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms
20.7.2024
Despite Q1 company earnings rising 27% year-over-year, Reality Labs will have to cut costs