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Cryptocurrency markets continue to trade sideways as the third quarter of 2022 is off to a shaky start. Regulators continue to clash with crypto ETFs, inflation fears loom ahead, and the housing market is rapidly slowing down. On the bright side, Metaverse crypto coins remain highly popular, and projects continue to build their products in … Read more
Meta, 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 … Read more
The Government of Dubai is preparing to make part of its offices available in the metaverse, according to reports. The country is currently seeking third parties to help it arrange the transition of some of its departments to the virtual world, per statements made at a metaverse event by Sharad Agarwal, chief metaverse officer of … Read more
While not absolutely necessary, omitting it would be misguided. “The Metaverse without blockchains would likely just advance the ball for Big Tech.” Go to Source Powered by WPeMatico
Eric Schmidt, who was CEO of Google, has declared that there is confusion about the concept of the metaverse and what it means for people. Schmidt stated that, even with a company like the former Facebook pivoting its operations to occupy the metaverse market, there is still not a clear definition of the concept and … Read more
Cryptocurrency markets remain highly volatile as the bear market is in full effect. The good news is that in recent days, the market seems to have stabilized and continues to trade sideways as Bitcoin and Ethereum manage to hold support. With the current low prices, many Metaverse crypto coins are on sale, and those with … Read more
While cryptocurrency markets continue to trade sideways as Bitcoin holds $19k and Ethereum remains above the $1k level, one Metaverse crypto coin, CEEK VR, is showing significant bullish momentum of upwards of 20% in the past 24 hours. It’s no secret that Metaverse and NFT projects remain one of the most popular niches in cryptocurrency, … Read more
Warba Bank, a Kuwait-based Islamic bank, recently became the latest corporation from the Middle East and North Africa (MENA) to enter the metaverse. The bank now occupies two sites in the metaverse, one Decentraland and another one on Sandbox. Pioneering Digital Transformation In what has been described as a first for an Islamic bank, the … Read more
In 2021, when the cryptocurrency market was experiencing a frantic phase of growth and adoption, the non-fungible token fever completely overtook the sector. Many NFT projects were introduced during this time, including artwork, animal-themed profile picture projects, “play to earn” games, and collectibles with a metaverse focus. Despite the dull Market, many projects are still … Read more
As July begins and markets remain bearish, there’s still no shortage of dynamic developments in the crypto space. In this week’s Bitcoin.com News Week in Review, ‘sleeping bitcoins’ from 2010 make moves, Rich Dad Poor Dad author Robert Kiyosaki says he is waiting for bitcoin to test $1,100, Russia denies debt default allegations, and Mark … Read more
