City Sandbox Financial News

20.01 / 11:45

ETH NFTS Empire posts $18 million profit in 2021, led by gains in metaverse property, NFTs sales

metaverse property, sale of NFTs and staking investments. The year-end report, compiled by vEmpire, discloses its staking strategies carried out across Ethereum, Decentraland, Sandbox, Axie Infinity, and Starlink, leading to unrealized profit surpassing $4 million in the final quarter of 2021 alone. As early adopters of the Metaverse, the entity’s NFT sales amounted to an additional $5,00,000 and supplemented with newly acquired valuable investments, at roughly ninety percent below current market value.

20.01 / 04:25

Digital Currency Crypto industry crypto market What are the much-hyped NFTs? What tokens will lead the NFT charge in 2022?

NFT is an exclusive piece of data that redirects the owner of that piece to a specific server or location on the web. And, this address can store an image, Gif, music video, or anything that is 'ART'. But that's not the best thing about NFTs. You can learn and read more about NFTs and even invest in specific NFT drivers via leading crypto exchanges like CoinSwitch. The original entity stored in the server has the creator behind it, who determines whether the collectibles change or what the entire NFT bundle offers.

19.01 / 14:29

Blockchain Digital Merit Platform Top 5 Gaming Tokens of 2022

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

18.01 / 20:00

defi Gaming Gemini Investment valuation NFT Powerhouse Animoca Brands Hits USD 5B Valuation as Winklevoss & Soros Join USD 359M Round

Major non-fungible token (NFT)-focused company Animoca Brands said reached a valuation of USD 5bn after completing a USD 359m investment round.

18.01 / 15:33

business Funding Metaverse Venture Capital NFT-focused Animoca Brands valued at $5B following $358M raise

Hong Kong-based software and venture firm Animoca Brands has secured $358.8 million in capital investments to fuel new acquisitions in the nonfungible token (NFT), gaming and metaverse sectors, further cementing crypto’s biggest trends in 2022.

17.01 / 16:35

Blockchain Forecast NFT Gaming Metaverse Trends in 2022: Prepare for More Gaming and New Virtual Experiences with NFTs

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17.01 / 00:25

Lowe's AXY Decentraland Infinity Axie Infinity price Decentraland, SAND, Axie Infinity price Analysis: 16 January

It may be early to assert a solid trend reversal until the bulls claw back to reclaim their lost supports. They still needed to infuse funds on increased volumes to bolster a promising rally.

12.01 / 00:05

markets Facebook Blockchain Technology Meta Platforms eToro rolls out smart portfolios for new metaverse investors

Brokerage firm eToro introduced MetaverseLife, a new smart portfolio covering stocks and crypto-assets from within the growing metaverse industry, on Jan 11. The company stated that its goal is to offer a diverse range of investments made for long-term exposure.

11.01 / 21:21

business Blockchain Developers Metaverse Leader in BPaas enables industry leaders with Sandbox for metaverse development

The world at large has already made a transition to the internet, spending an increased amount of time online. However, the way the internet is currently set up, there will always be a gap in experiencing the full range of human connections on screen. While this might be true, the next version of the internet, the metaverse, has hinted towards several possibilities that exist only in the digital world, such as making experiences and “luxury” products available to the poor and promoting the concept of sustainability with more efficient ways to achieve one’s passions. These achievements may sound lofty, but they are more in reach now than ever before.

11.01 / 12:55

UPS Digital Simulation accounting Accounting firms set up operations in the metaverse

Accounting firms are following the example set by other companies to launch operations in the metaverse, a digital space where players simulate real-life activities from shopping to gaming to business consulting.

10.01 / 21:33

Lowe's FIVE Bitcoin Cosmos, SAND, Bitcoin Cash Price Analysis: 10 January

Bitcoin Cash and SAND correlated with the broader market trajectory and declined below their 4-hour 20-50-200 SMA. They poked their multi-week lows on 8 January while the 20 SMA stood as an immediate hurdle.

10.01 / 15:39

Investing Metaverse Real Estate property Real Estate in the Metaverse Is Booming. Is It Really Such a Crazy Idea?

Theo Tzanidis, Senior Lecturer in Digital Marketing, the University of the West of Scotland._____

10.01 / 11:31

UPS Digital Simulation accounting Accounting firms set up operations in the metaverse

09.01 / 08:47

Blockchain Ethereum Hackers Cybercrime LCX loses $6.8M in a hot wallet compromise over Ethereum blockchain

The hack was first identified by PeckShield, a blockchain security company, based on the suspicious transfer of ERC-20 tokens from LXC to an unknown Ethereum (ETH) wallet.

08.01 / 13:03

markets Facebook Investments Wall Street Bored Ape Yacht Club is a huge mainstream hit, but is Wall Street ready for NFTs?

Within months after its launch in April 2021, Bored Ape Yacht Club (BAYC) has become one of the main reasons Wall Street should take the emerging nonfungible token (NFT) market seriously, thanks to its recent sales turnover of over $1 billion.

07.01 / 19:15

Facebook Digital Due Dilly Launches First Local Sports Card Shop In the Metaverse with The Sandbox Game Partnership

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

07.01 / 18:03

Investment Andreessen Andreessen Horowitz Secures USD 9B War Chest for New Investments

US-based venture capital powerhouse Andreessen Horowitz (a16z) said it just raised USD 9bn for its Venture, Growth, and Bio funds, as they aim to invest "across the entire spectrum of stages, writing checks as small as USD 25,000 and up to hundreds of millions of dollars."

06.01 / 20:17

NFT NFTS Metaverse The Metaverse is Fast Becoming a Global Concept; What Trends Will Likely Dominate in 2022?

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

06.01 / 05:17

NFT Investments security BUG Nifty News: Rarible fixes bug, real home and virtual twin auction, Mega City in The Sandbox

NFT marketplace Rarible temporarily cancelled orders from OpenSea and sent a series of tweets today outlining how it plans to help combat what it called “risky sale orders” on OpenSea with a new order management tool.

05.01 / 20:47

Binance ETF Gaming BitMEX Polymarket Aave's Permissioned DeFi Arc, Polymarket Stays, P2E Drones in Metaverse + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

29.12 / 19:01

Blockchain Digital Platform Mobile eToro expands crypto offering with Celo and The Sandbox

“We’re seeing huge demand for DeFi and metaverse tokens, and we’re delighted to be able to offer more of these assets to our customers,” said Doron Rosenblum, vice president of business solutions at eToro. “The addition of these new tokens to the platform demonstrates the breadth of choice available to investors in the cryptoasset market today. We will continue to grow our crypto offering to enable users to diversify their portfolios with a broad range of cryptoassets.”

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