Meta cancels next-gen headset as Reality Labs remains mired in VR

The Metaverse is quickly becoming one of the most important places for companies and individuals looking to expand their reach. New findings from research firm MarketsandMarkets predict that the Metaverse market size will grow from $61.8 billion in 2022 to $426.9 billion by 2027. In addition, a recent report from Juniper Research links nonfungible token (NFT)…

One analyst predicts a $150,000 price tag for Bitcoin by the end of 2024; however, other indicators point to increased short-term selling.  

South Korean cryptocurrency exchange Bithumb will open a new platform in the United Arab Emirates (UAE), local news outlet The Financial News reported Feb. 12.The UAE-based platform is reportedly to be developed in partnership with Abu Dhabi-based firm Nvelop and will function as a springboard for Bithumb to expand into other countries in the Middle…

Yahoo has announced its intention to launch a series of Metaverse projects in Hong Kong, apparently creating a brief rally for Decentraland’s native token, MANA. 68 Total views 4 Total shares Yahoo has announced a series of Metaverse and NFT-related activities in Hong Kong, a day after Meta Platforms outlined its own metaverse plans for…

$100,000 BTC is probably not happening, but analysts are hopeful that BTC can end the year above $50,000 and kick off early 2022 with a new all-time high. 1292 Total views 20 Total shares Bullish traders that drank the "Bitcoin to $100,000 by year-end" Kool-Aid are now coming to terms with the fact that there…

Companies involved in the blockchain pilot platform praise new systems and claim success with first trades. 1440 Total views 40 Total shares Recently, a blockchain-backed cross border platform pilot was implemented in the Chinese city of Qingdao. The companies involved have now made their first trades with partners in North America and Southern Asia.As reported…

The Republic of San Marino has officially adopted the Register of Blockchain Entities, inviting companies in the industry to apply for certification.Companies can apply for blockchain certification onlineThe project was initiated by San Marino’s fully state-owned tech innovation company, the Institute for Innovation of the Republic of San Marino, Cointelegraph Italia reports Oct. 22.According to…

Banks are the lifeblood of a nation’s economic system, and any bank collapse is disturbing. Last week saw two failures. On March 8, Silvergate Capital — the cryptocurrency-focused banking company — entered into voluntary liquidation. On March 10, United States regulators shut down and seized the deposits of tech-oriented Silicon Valley Bank in what was being…

U.S.-based cryptocurrency exchange platform Poloniex will remove margin and lending products for its customers in the U.S and delist three digital assets, according to an announcement published October 3.Poloniex is a cryptocurrency trading platform founded in 2014 and designed as a digital-currency-to-digital-currency exchange. In 2018, Poloniex was acquired by Dublin-based payments technology firm Circle for…