metaverse

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Open Metaverse Alliance OMA3 Launches to Develop Standards for an Interoperable Digital World

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The Open Metaverse Alliance, OMA3, was launched by a group of Web3 dedicated companies in order to create standards for an interconnected metaverse. The organization, formed by companies such as Animoca Brands, Dapper Labs, The Sandbox, and Unstoppable Domains, stated its objective was to achieve a decentralized, community-led, and user ownership-oriented open metaverse. Open Metaverse … Read more

Philippines Financial Institution Unionbank Now Provides Crypto Custody and Trading Services

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The Union Bank of the Philippines, Inc., more commonly known as Unionbank, announced that the financial institution launched bitcoin and ethereum custody and trading services. The ninth largest bank in the country by assets, Unionbank, will leverage Metaco’s platform Harmonize to pilot the crypto services for clients. Unionbank to Provide Bitcoin and Ethereum Custody and … Read more

Big Four Company EY Takes Wavespace Utility to the Metaverse

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EY, one of the “big four” accounting companies, is taking part of its software suite into the metaverse. EY wavespace, a utility that lets customers join meetings with EY personnel from several places around the world, will now include immersive experiences, allowing customers to interact in VR environments. EY Steps Into the Creative Metaverse EY, … Read more

The World’s Weakest Currency, Kiyosaki Says Greenback Is ‘Toast,’ IRS Crypto Tax Update and More — Bitcoin.com News Week in Review

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In this week’s hottest stories from Bitcoin.com News: the Ghanaian cedi’s recent slide to a new low against the USD, Rich Dad Poor Dad author Robert Kiyosaki weighs in on Saudi Arabia’s move to join the BRICS nations, the United States Internal Revenue Service updates tax filing instructions for crypto, and more. Report: Ghanaian Cedi … Read more

Toda City in Japan Is Using Metaverse Tools to Combat School Absenteeism

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Toda City, located north of Tokyo in Saitama prefecture, is using metaverse-based tools to fight the absenteeism problem that Japan faces. The city includes children in virtual spaces where they can explore virtual campuses and attend classes online, while preparing to eventually rejoin regular classes again. Toda City Is Battling Absenteeism With Metaverse Tools The … Read more

Xbox Boss Phil Spencer Calls Today’s Metaverse a ‘Poorly Built Video Game’

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Phil Spencer, CEO of gaming at Microsoft and head of Xbox, directed some criticism at the idea of the metaverse and how it is being executed. Spencer remarked that for him, the current metaverse is a “poorly built video game,” but also that the sector was still in its early stages and will surely evolve. … Read more