The Chinese Ministry of Industry and Information (MIIT) has assembled a team from universities and leading tech firms in that country to set up standards to support the development of the metaverse industry. The team has been mandated to build,
Fox Corp. has unveiled Verify, a technical protocol made to address the challenges posed by artificial intelligence, particularly the use of large language models (LLMs) in developing content. In an announcement made on Jan. 9, Polygon Labs said Fox had
BlockShow, Cointelegraph’s flagship event brand is teaming up with BlockDown Festival, announcing a groundbreaking web3 event at Cyberport, Hong Kong. The event, co-organized by Cointelegraph and EAK Digital, will spotlight various web3 innovations and integrate art and culture. BlockShow X
In a year in which AI dominated virtually every economic sector, related cryptocurrency tokens soared in value as investors took positions in a technology that’s being viewed as the next big thing. The broader crypto market bounced back in November,
In 2023, the Web3 landscape experienced a setback, with $1.8 billion lost to hackers and fraudsters. A portion of these losses, about 17%, has been linked to the Lazarus Group, believed to be connected to North Korea. This information emerges
As 2023 draws to a close, the metaverse is a testament to human ingenuity and the relentless pursuit of technological advancement. This year, the industry witnessed the metaverse evolve from a buzzword into a multifaceted digital ecosystem, redefining interaction, work,
The Ministry of Science and Technology in China has introduced a web3 strategy that embraces the development of new business models, focusing on non-fungible tokens (NFTs). Despite China’s ban on cryptocurrencies, this strategy underscores the government’s responsibility to the web3
The emergence of metaverse casinos is ushering in immersive gaming experiences. Powered by blockchain technology and enhanced by Augmented Reality (AR) and Virtual Reality (VR), metaverse casinos are changing how people engage with casino games, blending the virtual and real
Web3 is driven by the need for privacy, security, and transparency in transactions. Automata Network’s 1RPC now supports Telos EVM, a Layer 0 chain fully compatible with the Ethereum Virtual Machine (EVM). This integration introduces a fixed gas fee structure
BharatBox, the Indian destination within The Sandbox metaverse, has collaborated with Mythoverse to bring the timeless epic, Mahabharata, to life in an immersive digital experience. This celestial alliance signifies a stride in digital storytelling, blending ancient Indian lore with the
Megadeth ventures into the digital realm by introducing a nonfungible token (NFT) collection. This initiative, led by the band’s mascot, Vic Rattlehead, mixed music and digital technology into the metaverse. In a recent announcement, Dave Mustaine of Megadeth emphasized that
Legendary rap artist Notorious B.I.G., real name Christopher Wallace, has come back to life in a new gaming experience for hip-hop fans in The Sandbox metaverse, according to an announcement on Dec. 4. Dubbed “Breakin B.I.G.”, the Brooklyn, New York-inspired
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