Microsoft leads startup Palm NFT Studio’s $27M series B round
M12 adds early-stage Palm NFT Studio to its portfolio with participation from venture firm Griffin Gaming Partners. Go to Source Powered by WPeMatico
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Kucoin Labs Launches $100 Million Metaverse Investment Fund
Kucoin 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 … Read more
Nifty News: YGG partners with 8 P2E games, Ice Cube and Quiznos drop NFTs
Microsoft’s head of gaming Phil Spencer said he is cautious about integrating NFTs with the Xbox Store. Go to Source Powered by WPeMatico
The Crypto Economy Soars Past $3 Trillion — Momentum of Value Grew Much Faster Than Apple’s Market Valuation
On 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 … Read more
Microsoft to Offer Mesh, a Corporate Metaverse for Teams
Microsoft 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 … Read more
Should Zuck lead us to the Metaverse? Crypto leaders weigh in
“In order for him to have a clean slate for Meta, he must step down and he must have a new CEO to run it,” said Jenny Ta. Go to Source Powered by WPeMatico
Microsoft muscles into the Metaverse with Teams updates and Xbox upgrades
“The metaverse enables us to embed computing into the real world, and to embed the real world into computing. Bringing real presence to any digital space,” said Microsoft CEO Satya Nadella. Go to Source Powered by WPeMatico
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 … Read more
Microsoft wins US patent for ‘ledger-independent token service’
Microsoft’s new device is designed to allow developers to write code for managing tokens in a manner that is blockchain agnostic. Go to Source Powered by WPeMatico
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 … Read more