Neom, the ambitious urban development initiative in Saudi Arabia, is deepening its foray into the digital world. Through a strategic investment and alliance with Animoca Brands, a recognized leader in blockchain gaming and the metaverse, Neom aims to leverage blockchain
The U.S. Securities and Exchange Commission (SEC) on Monday charged Los Angeles-based entertainment company Impact Theory with conducting an “unregistered offering of crypto asset securities” through non-fungible tokens, or NFTs. The enforcement action, considered the first by the capital markets
META, the ticker symbol of the parent company behind Facebook and Instagram saw a significant rise in market capitalization during March after around $78 billion was added to the firm’s value. This has come as a surprise to many stock
Metaverse tokens with more than $1 billion in market capitalization plunged more than 90% in value throughout 2022 due to an industry-wide tanking of the crypto and metaverse markets. Among them, ApeCoin (APE), Flow (FLOW), The Sandbox (SAND), Decentraland (MANA), Axie
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