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Alvey Chain Introduces World’s first Next-Generation Virtual Reality Multiverse Exchange
6.3.2023
PRESS RELEASE. London – Alvey Chain, a decentralized Layer 2 Blockchain built on Ethereum Chain, also a leading provider of blockchain technology solutions, is proud to announce the launch of its next-generation Virtual Reality Multiverse Exchange. The new platform offers a secure, reliable...
Dubai-Headquartered Crypto Exchange MaskEX Launches Virtual Card for Worldwide Spending and Welcomes Ben Caselin as Vice President to Drive Global Expansion Effort
6.3.2023
PRESS RELEASE. Dubai, United Arab Emirates, March, 2023 – MaskEX, a rapidly expanding third-generation crypto exchange, headquartered in Dubai, has announced the launch of its crypto-backed Virtual Card, enabling users to spend their crypto as fiat in more than 176 countries with over 50 million...
Democratic Senators Push Against Meta’s Idea of Bringing the Metaverse to Teens
6.3.2023
Meta, the social network company, is getting some pushback on its plan to market and bring Horizon Worlds, its flagship metaverse app, to teens. Democratic senators Ed Markey and Richard Blumenthal directed a letter to the company to halt these actions, citing concerns about the interactions that...
The metaverse is testing the limits of what is legally possible
3.3.2023
While digital events and spaces have become increasingly common over the last few years, is the digital reality the right place for all types of moments, such as court proceedings?
Japanese Tech and Finance Giants Launch Japan Metaverse Economic Zone
28.2.2023
Several Japanese tech and finance giants have signed a document to create the Japan Metaverse Economic Zone, a multipurpose virtual universe that will have its base in a platform called Ryugukoku. The virtual world will allow these companies to share their technology with users as it lets them roam...
Axelar Network launches Axelar Virtual Machine
28.2.2023
Axelar Network took to Twitter to announce the launch of the Axelar Virtual Machine. The objective is to boost the widespread adoption of Web3 by enabling developers to architect decentralized applications and deploy them all over the Web3 segment. The Axelar Virtual Machine is based on...
UAE emirate to launch free zone for digital and virtual asset firms
28.2.2023
Free-trade zones in the UAE are areas where entrepreneurs have 100% ownership of their businesses and have their own regulatory frameworks and tax schemes
‘Metaverse’ Term Creator Neal Stephenson Not Bullish About Massive Adoption of Virtual Worlds
28.2.2023
Neal Stephenson, ostensibly the first to coin the term “metaverse,” issued his opinion about the future of the adoption of virtual worlds. The sci-fi writer and co-founder of Lamina1, a blockchain metaverse company, believes that building experiences that millions of people consider...
Axelar Introduces Virtual Machine for Developers Building Cross-Chain Crypto Apps
27.2.2023
Axelar describes its new VM as Kubernetes for Web3
Crypto Policy: Kenyan Senate Ready to Engage Central Bank
24.2.2023
The Kenyan Senate’s Information, Communication and Technology committee has said it is ready to engage the Central Bank of Kenya (CBK) and other stakeholders in shaping the country’s policy towards crypto assets and virtual asset service providers. According to the committee, such...
Eclipse to Launch Rollup Blockchain for Polygon Network with Solana Compatibility
24.2.2023
Customizable rollup provider Eclipse announced that the startup is launching a scaling solution that is compatible with Solana and Polygon. Eclipse disclosed that the Layer 2 blockchain can run smart contracts on Solana, and decentralized applications (dapps) will be easily migratable to...
Tencent to Offer Metaverse-Building Services for Asian Markets
24.2.2023
Tencent, the Chinese software and tech company, has announced its metaverse suite of services designed to target Asian markets. The company revealed that it will revamp its media offering with its new “metaverse-in-a-box” proposal, which aims to facilitate the task of building virtual...
Snow Crash manuscript that coined the term ‘Metaverse’ to be auctioned by Sotheby's
23.2.2023
The manuscript is part of a larger series of physical and digital items related to the famous book
Hong Kong takes measures to get virtual asset operators licensed by SFC
22.2.2023
The Securities & Futures Commission (SFC) takes inspiration from the Securities & Futures Ordinance with the difference that the SFC is dedicated to the operators of virtual assets. Hong Kong is now looking to strengthen its functions by ensuring that either the operators of virtual assets...
New York state announces another upgrade to its virtual currency monitoring capacity
21.2.2023
The New York State Department of Financial Services did not describe its new capacities, but said they will contribute to the detection of a variety of illegal activities
Edogawa Ward in Tokyo to Use Metaverse Tech to Solve ‘Hikikomori’ Problem
21.2.2023
Edogawa Ward in Tokyo plans to use metaverse tech to help social recluses, also known as “hikikomori,” begin to integrate with society again. The ward will organize a series of hybrid (virtual and in-person) meetings this year with the objective of reuniting people with social reclusion...
Filecoin’s FIL Token Jumps More Than 30%, Sparking Interest in Virtual Machine Launch
17.2.2023
It wasn’t immediately clear what prompted the rally
Colombian Court Holds Hearing in the Metaverse
17.2.2023
Colombian courts held one of the first judicial hearings using metaverse tech. María Victoria Quiñones Triana, the magistrate of the Magdalena court, approved the realization of this hearing, using Horizon Worlds technology provided by Meta and virtual avatars to represent participants in...
Prosecutors Seek Restrictions on Former FTX CEO’s Electronic Devices Following VPN Use for Football Streaming
17.2.2023
Prosecutors in the financial fraud case against former FTX CEO Sam Bankman-Fried (SBF) are attempting to persuade the judge to restrict his use of electronic devices. It has been revealed that SBF used a virtual private network (VPN) to watch the Super Bowl through a foreign subscription service...
Oman to establish regulatory framework for virtual assets
17.2.2023
Despite the warnings about investing in digital assets by Oman’s central bank, about 65,000 residents hold cryptocurrencies