The price of Floki Inu (FLOKI), a memecoin inspired by Elon Musk’s pet dog, jumped 15% on Sunday and trading volumes soared over 300% on Monday. The rally came as traders and investors bet on the project, which is pushing
Chinese city Zhengzhou has announced a plan to boost the metaverse industry by providing a significant 10 billion yuan ($1.42 billion) fund for local companies’ growth and development. Although the People’s Bank of China banned digital assets in September 2021,
The Hong Kong Police Force cybersecurity unit has launched a metaverse platform, CyberDefender, to promote metaverse crime prevention and highlight the risks associated with Web3. The initiative will equip citizens with skills and strategies relevant in tackling technology-related crimes in
Nevada man Bryan Lee has been charged with crimes involving CoinDeal, a so-called metaverse cryptocurrency that was actually an investment fraud scheme. The company is said to have defrauded investors of $45 million between 2018 and 2022. CoinDeal Scam The
The Chinese metaverse is no fun. Under the strict supervision of government officials, the virtual world is relentlessly focused on industry and healthcare. In fact, the Chinese Communist Party (CCP) has even gone as far as to issue a state-backed
Fashion has long been earmarked as a potential use-case for the metaverse – if you’re gonna navigate virtual reality as an avatar, why wouldn’t you want to trick your representative out with the best digital swag? So goes the thinking
The Sandbox, one of the most patronized decentralized virtual worlds, recently announced that it has teamed up with Ledger Enterprise, a company whose infrastructure solutions safeguard businesses’ crypto assets. As part of the deal, Ledger will provide security integration to all
The Pokémon Company is looking to hire a Web3 and blockchain tech expert, suggesting the Japanese gaming giant could be taking a more serious look at the metaverse and NFTs. According to a recent job posting, The Pokémon Company wants
In 2023 we stand at the cusp of the next epoch of the internet. The rise of blockchain technology and smart contracts have changed the way people engage with information as well as money. However, the benefits of this technology
Meta’s recent decision to slash the cost of its flagship VR headsets, Quest 2 and Quest Pro, has many wondering whether its ambitious metaverse vision is doomed to failure. Particularly in light of how much money the company has already
When virtual reality (VR) users got sick after immersing themselves in virtual worlds, mixed reality was advanced as a potential solution to the cybersickness afflicting metaverse enthusiasts throughout the world. Motion sickness is induced by wearable technology, triggered by a
Metaverse Token GMM is the native asset of Gamium, a project that tags itself as the centre of the Metaverse (the next iteration of the internet where people can learn, collaborate, socialize, and play through augmented and virtual reality). The cryptocurrency
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