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Samsung Is Investing More Than $35 Million in Latam-Focused Metaverse Initiatives
24.12.2022
Samsung, the Korean electronics behemoth, has revealed it is currently investing more than $35 million dollars in metaverse initiatives for the Latam audience. The objective behind this move is to help the brand attract and connect with younger audiences, as part of its digital push and growth...
President of Brazil Sanctions Cryptocurrency Law
23.12.2022
President Jair Bolsonaro has approved law 14.478, which regulates cryptocurrency-related operations and virtual asset service providers (VASPs) in Brazil. The document, approved on the last day of the period allowed, will begin to be applied 180 days after its sanction. This will give all parties...
Coinbase Secures Regulatory Approval to Operate as a Virtual Asset Service Provider in Ireland
22.12.2022
Coinbase has announced it has secured regulatory approval as a virtual asset service provider (VASP) in Ireland, according to a company blog post published on Dec. 21. According to the company, Coinbase has been approved by Ireland’s central bank which means the company can “provide products...
Alaska adds 'virtual currency' to its regulatory regime
21.12.2022
Starting in 2023, the companies will have to obtain a new type of license to operate with crypto in the state
Meta Will Continue to Push Metaverse Investments in 2023 According to Head Of Reality Labs
20.12.2022
Meta will continue to invest in VR (virtual reality) tech in 2023, according to statements made by Andrew Bosworth, head of Reality Labs, the metaverse division of the company. While Meta has made some changes and adapted to the current shaky economic atmosphere, Bosworth states that the company...
Meta VR Consultant John Carmack Leaves Company; Criticizes Inefficiencies of VR and Metaverse Projects
20.12.2022
John Carmack, the founder of renowned company ID Software and executive consultant on VR for Meta, has announced he is leaving Meta. Among the reasons for this departure, Carmack signals that there are inefficiencies and self-sabotage at Meta that have affected the work that the company is doing...
Metaverse experience to sway real-world travel choices in 2023: Survey
17.12.2022
A survey participated by 24,179 respondents across 32 countries reveal that nearly half, or 43% of the respondents, intend to use virtual reality to inspire their choices
Setting up a screen reader testing environment on your computer
12.12.2022
Sara Soueidan with everything you need, from what screen reading options are out there all the way to setting up virtual machines for them, installing them, and confguring keyboard options. It’s truly a one-stop reference that pulls together disparate …
Setting up a screen reader...
Where Is the Ethereum Virtual Machine Headed in 2023? (Hint: Beyond Ethereum)
12.12.2022
With apps like Uniswap exploring Layer 2s, dYdX building on Cosmos and the rise of appchains on Cosmos next year seems fit for an explosion of EVM experimentation
E-verse successfully hosts virtual musical concert by the Kakkars
12.12.2022
E-verse has successfully hosted a virtual musical concert in its metaverse. Neha Kakkar and Tony Kakkar were the show’s stars in November 2022. The occasion was the celebration of their more than a hundred million fans who are spread across the globe. Two things have framed highlights here....
Astar Network CEO: Webassembly Smart Contracts Are Going to ‘Pull a Lot of Talent From Web2 to Web3’
11.12.2022
Ethereum is almost universally credited for kickstarting the Web3 revolution after it brought to life the concept of smart contracts. However, some in the Web3 community, like Astar Network’s Sota Watanabe, believe the protocol cannot “build the innovative future of blockchain...
More than 90% of consumers are curious about the Metaverse: Capgemini
8.12.2022
The volatility of the crypto market hasn’t stopped the metaverse from gaining potential as a utility for businesses and consumers alike
Hong Kong to subject crypto exchanges to the same laws governing TradFi
8.12.2022
The new legislation will bring a licensing regime for the virtual asset service providers requiring them to pass strict AML and money laundering guidelines
Court in China Determines That NFTs Represent Virtual Property and Are Protected by Law
7.12.2022
Though a court in China ruled against the claims made by a non-fungible token (NFT) buyer, it found that these tokens are virtual property protected by law.
The ruling was reached by a court in the city of Hangzhou, the capital of the Chinese province of Zhejiang, in a case that involved...
Decentraland launches virtual property renting for LAND owners
7.12.2022
The metaverse platform announced that users who own LAND within Decentraland can officially rent out the rights to the space through the digital marketplace
Court in China Recognizes NFTs as Virtual Property Protected by Law
6.12.2022
A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case over a dispute between a customer and a platform hired to sell a collection of tokens. Hangzhou Internet...
Hoops Legend Scottie Pippen Shoots a 'Web3' With Virtual Sneakers
6.12.2022
The six-time NBA Champion discusses why he’s jumping into Web3 and what’s behind the limited time NFT-based Metawear sneaker collection
Chinese court says NFTs are virtual property protected by law
5.12.2022
The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of NFTs
Stellantis Owned Fiat Launches Metaverse Store Using Touchcast and Microsoft Tech
3.12.2022
Fiat, an automotive brand property of Stellantis, has launched its first metaverse-based store, which the company claims is the first showroom of its kind. The experience, which was developed with tech supplied by Touchcast and Microsoft, aims to make the virtual process of reviewing a car more...
Korean VC Firm Daesung Private Equity Announces $83 Million Metaverse Fund
3.12.2022
Daesung Private Equity, a Korean venture capital firm, has announced the launch of a metaverse fund of 110 billion won ($83.5 million). The fund, which will have the participation of the Korean state represented by Korea Venture Investment Corporation’s Korea Fund of Funds, aims to...