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Japanese Virtual IP Firm Raises $10 Million to Accelerate Metaverse Business


Brave Group Inc., a Japanese virtual IP firm, recently said it had raised $10 million in new capital and that the company expects to use part of these funds to boost its “solution services for clients in the metaverse marketing business.” Taking part in Brave Group’s latest...

Meta, Microsoft, and Others Launch Metaverse Standards Group


Meta, Microsoft, and 31 more companies have united to form an organization to promote the creation of open standards regarding metaverse tech. The institution, named the Metaverse Standards Forum, will focus on establishing standards to make each one of the metaverses on the internet interoperable...

Bobby Kotick Is Staying On Activision Blizzard's Board, Ew


Just yesterday, Activision Blizzard shareholders voted to approve a report looking into the company’s anti-harassment efforts. While the company itself is “carefully considering” that, stockholders also gave the green light to the Board of Directors nominees, which included shitty CEO Bobby Kotick....

Bank of Spain Has Registered 17 Crypto Companies, Big Names Still Missing


The Bank of Spain has already included 17 virtual asset service providers in its own registry, in which cryptocurrency exchanges and custody providers must be listed to operate, according to Spanish law. Three new companies were included last week, but big names in the crypto ecosystem are still...

Visa Launches Bitcoin and Crypto Enabled Cards in Latam


Visa, one of the biggest payments companies in the world, has announced the launch of a series of crypto-enabled cards in partnership with several fintech startups in Latam. These cards will allow users to spend crypto, purchase crypto where Visa cards are accepted for such, and also receive crypto...

Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors


Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by the plaintiff Nick Patterson on behalf of others...

Elon Musk, Tesla, Spacex Facing $258 Billion Lawsuit for Promoting Dogecoin


Elon Musk, Tesla, and Spacex are being sued for $258 billion over claims that they “are engaged in a crypto pyramid scheme (aka Ponzi scheme) by way of dogecoin cryptocurrency.” The lawsuit states that Musk and his companies “falsely and deceptively claim that dogecoin is...

Self-Custody Is More Than a Feature – Dennis Jarvis, CEO of Bitcoin.com


While markets are going up, people get more comfortable putting their cryptoassets into trusted third parties such as centralized exchanges and centralized lending platforms that promise increasingly enticing returns. The good times never last, though. As markets peak and monetary policy tightens...

Crypto Lending Company Blockfi Cuts Staff by 20%


On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business and it will be laying off “roughly 20%” of its staff. The message written by Blockfi co-founders Zac Prince...

Binance Labs Launches $500 Million Web3, Blockchain Fund


Binance Labs, the venture capital arm of the leading crypto exchange, has announced the launch of a new fund that will focus its action on Web3 and blockchain technologies. The fund, which will launch with $500 million in capital, will invest in companies that take cryptocurrencies and extend their...

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