Luxor Technologies Acquires Ordinalhub to Provide Tools for Bitcoin-Based NFTs

Luxor Technologies Acquires Ordinalhub to Provide Tools for Bitcoin-Based NFTsWith Bitcoin-based digital collectibles becoming a popular trend, the full-stack bitcoin mining services company Luxor Technologies has acquired the platform Ordinalhub, a project that provides tools to buy, sell, and track Bitcoin-issued non-fungible token (NFT) assets. Luxor Plans to Address Challenges in the Market for Ordinal Inscription Trades At the time of writing, there are […]

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Meta to Slow Hiring in 2022, Hints at Layoffs After Metaverse Pivot

MetaMeta, the company formerly known as Facebook, is preparing to face a strong market downturn. According to reports, Mark Zuckerberg, CEO of Meta, announced a change in the hiring policies of the company, lowering the number of engineers planned to be hired from 10K to 6-7K. Previously, Zuckerberg had warned about the metaverse pivot of […]

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Telegram Launches Premium Tier Benefits Seeking to Monetize Platform

telegramPopular messaging platform Telegram has announced it is launching a new premium tier of its services as it seeks to monetize a part of its userbase. Reaching more than 700 million active users monthly, the new tier answers to the need of these users for more bandwidth and storage capacity, according to Pavel Durov, CEO […]

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A16z Launches $600 Million Web3 Gaming Focused Fund

A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming industry, aims to back several startups and projects in different areas including gaming studios, the intersection of gaming and consumers, and infrastructure. This move complements […]

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Square Enix Insists on Integrating Blockchain Elements Into Its Games

Square EnixSquare Enix, the Japanese gaming company, is pressing on with its vision of integrating blockchain elements into its games. In a recent interview, president Yosuke Matsuda talked about the importance of user-generated content and the advantages that allowing this kind of development, as well as introducing blockchain-based self-sustained economies, might bring to the future of […]

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Meta Opens Monetization Options to Users of Horizon Worlds

horizon worldsMeta, the company formerly known as Facebook, is now launching a pilot project that will let users in Horizon Worlds, its VR metaverse platform, monetize their creations. This pilot will allow a number of users to collect payments for access to their created environments, or for virtual items sold in these worlds. Meta will also […]

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Meta’s Horizon Worlds Userbase Grows Tenfold in Three Months

horozon worldsHorizon Worlds, one of the flagship metaverse apps that Meta has released, has reached a monthly userbase of 300K users on its platform. Meta’s executives announced this milestone in a virtual all-hands update last week. The company also announced recently that more than 10,000 worlds had been created on its platform, a sign of the […]

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Coinhive Mints Quarter Million Dollars in Monero a Month, Report Reveals

Coinhive Mints Quarter Million Dollars in Monero a Month, Report RevealsТhe profitability of cryptocurrency mining is decreasing on the backdrop of this year’s persistently bearish markets but Coinhive seems to be doing pretty well. The browser-based miner has earned a quarter million dollars worth of monero in just one month, according to a new study conducted by German researchers.    Also read: New Player to […]

The post Coinhive Mints Quarter Million Dollars in Monero a Month, Report Reveals appeared first on Bitcoin News.

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