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European Union to Launch Global Metaverse Regulation Initiative in 2023
16.9.2022
The European Union (EU) will present an initiative to address the metaverse and all the activities and interactions happening in it sometime in 2023. The proposal, which was qualified as ”key” in the State of the Union letter of intent authored by Ursula von der Leyen, President...
UK advertising watchdog cites 2 former reality stars for crypto ads on Instagram stories
7.9.2022
The ASA said the Gale twins could not post the crypto ads “in the form complained about” again, but did not bar them from promoting digital assets in future advertisements
The metaverse is the future — but are current platforms failing users?
7.9.2022
As things stand, many big brands and A-list celebrities are scrambling to get involved with the metaverse — but the platforms in the market are failing to meet the moment
Ethereum Classic Hashrate, Prices Surge as Miners Prepare for Post-Merge Reality
6.9.2022
Futures tracking the tokens logged some $27 million in liquidations in 24 hours – second only to Ethereum and ahead of bitcoin futures, which usually see the highest liquidations
Meta & Qualcomm to Develop Metaverse Geared Silicon to Be Used in Next Gen Headsets
6.9.2022
Meta recently announced a partnership with mobile chip company Qualcomm to produce chips geared for the metaverse market. The agreement will allow Meta to use Qualcomm’s XR technology, designed for extended and virtual reality tasks, to design and manufacture silicon to be put in the next...
Meta to Open 10 Metaverse Campuses as Part of $150 Million Immersive Learning Project
6.9.2022
Meta, the metaverse-focused social media company, is helping universities get their own virtual reality campuses online. The company will be opening 10 virtual campuses as part of its Immersive Learning project, which seeks to take education to virtual reality environments. In partnership with...
It's a go! Uniswap Foundation becomes reality after 86M votes in favor
25.8.2022
The foundation aims to streamline Uniswap's grants program and "reinvigorate governance."
Crypto Banks Are One Step Closer to Reality Under New Fed Guidance
23.8.2022
The Federal Reserve published guidance detailing how crypto banks can secure master account access, something several have wanted for over a year. While the guidance stops short of true transparency, potential applicants now have a roadmap of sorts they can follow, while the Fed has indicated that...
Report: Investment Management Giant Invesco Launches Metaverse Fund
23.8.2022
The investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse technology, a Citywire report detailed on Monday. “We will seek to capitalise on these opportunities through a highly selective, valuation-conscious...
Mark Zuckerberg to Overhaul Meta’s Metaverse App Horizon Worlds After Criticism of Its Simple Graphics
22.8.2022
Meta CEO Mark Zuckerberg has decided to overhaul the company’s flagship metaverse app Horizon Worlds after it received heavy criticism due to its graphic simplicity. The backlash was received as a consequence of one of the selfies of Zuckerberg’s avatar in Horizon Worlds presented...
Soccer Clubs FC Barcelona and Real Madrid File Joint Trademark Application for Metaverse Activities
13.8.2022
Two of the biggest soccer clubs in Spain, Real Madrid and FC Barcelona, have applied to receive trademarks for some elements in the metaverse. The clubs have introduced an application that encompasses different activities and services that they can conduct in the metaverse, including...
Half-Life 2 Will Soon Be Playable In VR
11.8.2022
After years in development, and loads of ups and downs along the way, the developers of a virtual reality mod for the original Half-Life 2 have announced a public beta that’ll be kicking off next month.Read more
Buy a Dream House With Bitcoin In the Idyllic Caribbean Valley of Puerto Rico
10.8.2022
At one point in every crypto enthusiast’s life he or she has envisioned buying their dream mansion, with Bitcoin. What was once a fantasy is now a reality with the listing of this exquisite, ultra modern, 2-story, 5-bedroom mansion in the heart of the Caribbean. A life of Paradise in...
Meta Reportedly Issuing $10 Billion in Bonds to Invest in Its Metaverse Products and Other Initiatives
5.8.2022
Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to reports. The company will be selling $10 billion in debt, to maintain a healthy cash flow and fund buybacks, per statements of two people with reported knowledge...
Prima na podzim: nové seriály, jubilejní řada Talentu a svatební reality show
2.8.2022
Televize Prima představila ambiciózní program pro podzimní vysílání. V osmidílném rodinném příběhu Hořký svět zdědí rodinný minipivovar nepříliš nadšený hlavní hrdina v podání Matouše Rumla. Dvanáct dílů komediálního seriálu Pálava zavede diváky do vinařského kraje a v Dobrých zprávách nahlédnou...
HBO's Historic Virtual Reality Movie Isn't Fully Honest With Itself
2.8.2022
Director Joe Hunting’s documentary We Met In Virtual Reality, the first to be filmed entirely in the social game VRChat, is not as compelling as its multilayered subject matter. It’s filmed at a personal range, with Hunting always hidden but his camera absorbing cartoonish faces like a curious...
Metaverse Company Condense Raises $4.5 Million to Accelerate VR Streaming Adoption
1.8.2022
Condense, a Bristol, England-based metaverse company that produces technology to allow the streaming of events to virtual reality apps, has raised $4.5 million in its most recent seed round. The round, which was led by Localglobe, 7percent Ventures, and Deeptech Labs, gives Condense funding...
Hong Kong university to inaugurate mixed reality classroom in Metaverse
31.7.2022
By building MetaHKUST, the institution plans to create a learning environment that virtually connects the two campuses — in Hong Kong and Guangzhou
Hong Kong University of Science and Technology to Build Metaverse Campus
30.7.2022
The Hong Kong University of Science and Technology has announced plans to build an online-based metaverse campus called Metahkust. The institution will take its first step toward this goal by building a mixed virtual reality classroom that will allow students from other latitudes to attend classes...
Meta’s Metaverse Is Still Not Profitable: Reality Labs Unit Registers $2.8 Billion Losses During Q2
29.7.2022
Meta, the social media company, has reported that its metaverse division, the Reality Labs Unit, is shedding lots of money. In its recent earnings call, the company informed that, while the Reality Labs unit managed to pull more than $400 million in sales, its losses reached $2.8 billion, mainly...