Metaverse Financial News

10.04 / 17:55

event NFT Conference virtual reality Metaverse Fashion Event Recap week An eclectic display at the 2nd Metaverse Fashion Week

Inspired by success in 2022 and an impressive list of designers who attended that year’s Metaverse Fashion Week, Decentraland held another event this year from March 28–31. The week’s theme, “Future Heritage,” aimed to connect the next generation of creators with traditional fashion designers.

07.04 / 22:23

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In the week ahead, investors will confront new inflation data and the beginning of earnings season, while also keeping an eye on the Federal Reserve's potential plans for interest rates at their early May meeting.

07.04 / 14:05

business Web3 Metaverse Meta Meta Ceo Meta coughing up big money to developers building their metaverse

Tech giant Meta - the parent company of Facebook, Instagram and WhatsApp messaging service - has been eyeing expansion into the metaverse for some time now. However, it has had a rough start, with billions in losses.

06.04 / 20:49

business Blockchain solana Tokens Metaverse Solana reveals cost-cutting solution for on-chain storage

Layer-1 blockchain Solana has released a new solution aiming to drastically reduce the cost of on-chain storage. Called state compression, the technology promises to bring down the cost of minting 1 million nonfungible tokens (NFTs) on the network to nearly $110.

06.04 / 18:13

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U.S. stocks took a downward turn earlier today, with investors focusing on disappointing labor market data.

05.04 / 21:03

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The cryptocurrency market remains unshaken, displaying a steady upswing and a total market capitalization of $1.18 trillion despite the fluctuations in the stock market and growing concerns about the overall economic outlook.

05.04 / 12:01

Blockchain Gaming Metaverse play-to-earn play Fun gameplay and strong economics are key to success for play-to-earn games - CropBytes AMA Recap

Regardless of the pessimistic attitude towards the future of P2E games, there are some projects that manage to thrive and find ways to keep an active audience. Farming simulator CropBytes in one such examples.

05.04 / 11:17

Adoption NFT Web3 virtual reality Metaverse Fashion augmented reality Augmented reality helps brands tell their story: MVFW 2023

The second annual Metaverse Fashion Week (MVFW) hit the virtual runway this year from March 28–31 via a collaboration between Spatial — a 3D social network platform — and Over, a blockchain-based augmented reality (AR) platform.

04.04 / 23:37

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The specter of a recession looms large as recent job openings and factory orders data fall short of expectations, casting a shadow over financial markets and opening up the possibility for a pause on further interest rate increases by the Fed.

04.04 / 03:47

NFT Sport Metaverse Fashion Crypto Collectibles Mobile Games Drop Nifty News: Gucci to drop Otherside pendants, Jack Daniels taps AR, Web3 and more

Luxury fashion giant Gucci has designed a limited edition pendant for Yuga Labs’ Otherside metaverse that will come in both physical and nonfungible token (NFT) forms.

03.04 / 23:35

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The cryptocurrency market is currently navigating a period of uncertainty, with Bitcoin (BTC) demonstrating resilience by maintaining its position close to the $28,000 mark.

03.04 / 11:59

business Adoption Web3 Metaverse OKX Training OKX launches metaverse training session with football star Rúben Días

Cryptocurrency exchange and Web3 technology developer OKX has been active in the space over the last month, with the latest announcement on its first immersive metaverse fan experience as a part of its “OKX Collective."

03.04 / 10:45

business Technology Metaverse Communications Dubai An ambitious project opens the doors to the metaverse in the heart of Dubai

As the digital world continues to evolve, the concept of the metaverse has emerged as a promising new frontier for businesses looking to enhance communication and customer engagement. With its immersive and interactive nature, the metaverse offers unparalleled opportunities for companies to connect with their customers on a global scale.

03.04 / 10:29

Facebook UPS Maxim Platform Fighting Metaverse The Metaverse Faces Uphill Battle as Tech Giants Struggle to Turn Concept into Reality – Can the Industry be Saved?

While tech giants continue to pour billions into the Metaverse’s development, industry observers caution that it could take years before the concept lives up to its promise. However, they also say that the technology’s nascent stage allows its developers to try to avoid repeating the mistakes that were made when the internet was created.

01.04 / 17:05

business NFT Gaming Metaverse Executive Activision Former Activision Blizzard executive joins Yuga Labs as CEO

Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) and CryptoPunks NFT collections, has a new CEO: Daniel Alegre. The executive resigned as president and chief operating officer of the gaming giant company Activision Blizzard to join the NFT startup on April 1.

31.03 / 00:45

Metaverse RobotEra Taro Web3 Game RobotEra Metaverse Project is Generating Huge Excitement among Investors – Here’s Why

In a quickly evolving digital landscape, aside from the current hype around AI, the metaverse has emerged as one of the latest focal points for investors, businesses, and tech fans alike. Among the myriad metaverse projects competing for attention, RobotEra stands out as an interesting project in the realm of web3 gaming.

30.03 / 23:45

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Despite facing opposition from the US government, Bitcoin has demonstrated resilience by achieving a nine-month high of $29,182 earlier today and, consequently, setting a new record for 2023.

30.03 / 13:57

event Adoption defi Web3 Metaverse ChatGPT AI makes the metaverse safer and more inclusive: The Sandbox co-founder

Artificial intelligence (AI) is the new buzzword in the emerging tech scene after the release of OpenAI’s chatbot ChatGPT-4. However, opinions on this groundbreaking technology are mixed, with some claiming it is something to be feared.

30.03 / 09:05

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As Bitcoin forges ahead in its pursuit of the significant $30,000 level, the cryptocurrency is experiencing a resurgence of bullish momentum after a temporary dip related to regulatory issues, with investors eying a fed pivot sometime this year. How might this affect the best cryptos to buy now?

30.03 / 09:05

Metaverse DAO Metaverse Game analysts Analysts Predict Big Things for This New Metaverse Crypto – Here's Why

The metaverse is on the verge of becoming an essential aspect of our daily lives, with businesses and industries tapping into its potential by adopting virtual spaces to engage consumers and elevate their brands.

29.03 / 19:39

NFT Disney Metaverse Sony Blockchain Game NFT investor accidentally burns CryptoPunk: Nifty Newsletter, March 22–28

In this week’s newsletter, read about Sony filing a patent for a nonfungible token (NFT) framework for games, and how executives believe that Grand Theft Auto (GTA) and Minecraft developers may change their minds on blockchain technology. Learn how an NFT collector accidentally burned a CryptoPunk worth $135,000 while trying to borrow funds, and find out about Disney reportedly sacking its metaverse division. In other news, His Majesty’s Treasury in the United Kingdom has dropped the Royal Mint NFT project.

Metaverse Financial News

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