Kucoin Labs Launches $100 Million Metaverse Investment Fund

kucoinKucoin Labs, the investigative and investment arm of Kucoin, a cryptocurrency exchange, has launched a $100 million fund to incubate early metaverse related projects. These include blockchain gaming initiatives, NFT platforms, and decentralized platforms, among others. The support will also include direct involvement with the projects selected, including counseling about branding and marketing. Kucoin Invests […]

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The Crypto Economy Soars Past $3 Trillion — Momentum of Value Grew Much Faster Than Apple’s Market Valuation

The Crypto Economy Soars Past $3 Trillion — Momentum of Value Grew Much Faster Than Apple's Market ValuationOn November 8, 2021, the cryptocurrency economy’s market capitalization reached the $3 trillion mark after gathering significant value over the course of 12 years. The overall value of the 10,464 crypto-assets in existence is now larger than Microsoft’s market valuation at $2.52 trillion and Apple’s $2.47 trillion market cap. Cryptocurrency Economy Is Now More Valuable […]

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Microsoft to Offer Mesh, a Corporate Metaverse for Teams

microsoftMicrosoft has announced the launch of a metaverse-inspired feature for its Teams app called Mesh. Mesh will allow users to introduce personalized avatars in digital worlds, making meetings more immersive. The platform is being announced on the heels of Facebook’s pivot to becoming a metaverse-dedicated company, changing its name to “Meta.” Microsoft Embraces the Metaverse […]

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Bitcoin Is Now World’s 8th Most Valuable Asset — BTC Now Targets Silver’s $1.31T Market Cap

The price of bitcoin had crossed the $60K zone at 1:30 a.m. (EST) early Friday morning. The leading crypto asset’s latest price jump has made it so bitcoin’s overall market valuation of $1.119 trillion has surpassed Facebook’s market capitalization. The digital asset is also nearing the entire net worth of all the silver in the […]

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Lolli Partners With Stubhub — Users Can Earn Bitcoin Back on Tickets to Live Events

Following the $10 million Series A round at the end of July, the bitcoin rewards company Lolli has announced a partnership with the ticket agency Stubhub. According to the announcement, the partnership will provide users with the ability to earn up to 6% in bitcoin rewards when they purchase tickets to sporting events, concerts, and […]

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White Paper Published by Microsoft Describes an Ethereum-Based Tool to Combat Pirated Content

White Paper Published by Microsoft Describes an Ethereum-Based Tool Could Combat Pirated ContentResearchers from Microsoft, Alibaba Group, and Carnegie Mellon University have published a paper that claims the Ethereum network can help prevent piracy. The paper, called “Argus: A Fully Transparent Incentive System for Anti-Piracy Campaigns,” describes how Argus is superior to existing solutions. Argus: An Ethereum-Powered Anti-Piracy Tool A study written by Xian Zhang, Xiaobing Guo, […]

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