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Disney Reportedly Axing Metaverse Division Amidst Company Restructuring


The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storytelling and consumer-experience unit, comprised...

FaZe Clan Stock Price Too Embarrassing For Wall Street


Less than a year into gaming content creator mega-brand FaZe Clan’s disastrous Wall Street experiment, the Nasdaq has said please, no more. The New York-based stock exchange sent a “Notice of Delisting” last week to the esports company threatening to drop it from trading if it doesn’t get its stock...

Coinbase Launches Wallet-as-a-Service to Bring Millions to Web3


On March 8, Coinbase announced the launch of its Wallet-as-a-Service (WaaS) product. The WaaS product aims to “bring the next hundred million consumers into Web3 through a seamless wallet-onboarding experience.” The Coinbase WaaS offers wallet infrastructure application programming...

NFT Creators Investigated in Israel for Alleged Tax Evasion


Israel’s tax authority is after two creators of non-fungible tokens (NFTs) suspected of failing to report almost $2.2 million in revenue. The news of the investigation comes after the recent arrest of a graphic designer from Tel Aviv accused of similar offenses. Thousands of ‘Western...

Fed Policy Win Could Harm Bitcoin’s Wall Street Narrative


The January rebound in equities and knockout employment report may have undermined a few buy-bitcoin narratives, but the real value proposition behind bitcoin lies far beyond Wall Street in emerging markets, where bitcoin is in strong demand

NASCAR: No More Video Game Crap After Driver’s Dangerous 'Wall Ride'


This past October, NASCAR driver Ross Chastain caught the world’s attention when he deployed a “wall-riding” trick he had previously only pulled off in a video game as a kid to jump from 10th to 5th in an actual race. This move was very cool, really dangerous, and got him to the next stage of...

Top Gaming Influencer Group FaZe Clan Is Now A Penny Stock


When FaZe Clan, an esports company turned gaming lifestyle agency, went public last year it claimed to be worth $700 million. Just six months later it’s worth just a fraction of that. Whether it’s the controversy constantly swirling around some of its members or the fact that the esports bubble...

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