Metaverse Financial News

09.01 / 20:43

Metaverse Presale Move-To-Earn Fight Out Metaverse Coin Prices are Taking Off - Why You Should Invest in this Revolutionary Move to Earn Crypto

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

09.01 / 12:07

Blockchain NFT virtual reality Metaverse Touch, smell become the next big thing for the metaverse at CES 2023

The sense of smell has been added to the virtual reality (VR) experience as showcased by metaverse-focused companies at the Consumer Electronics Show (CES) 2023.

06.01 / 01:23

business CME Metaverse CME Group to launch 3 metaverse reference rates

Derivatives marketplace CME Group is planning to launch reference rates and real-time indexes for three metaverse crypto assets, allowing investors to track pricing data more reliably using a methodology commonly used in traditional finance.

05.01 / 00:29

business Blockchain Technology Metaverse LG Electronics' latest partnership seeks to bring interoperable metaverse platforms to TVs

South Korean tech giant LG Electronics announced that it has teamed up with Oorbit, a cloud-based technology platform and PIXELYNX, a company building an integrated music, gaming, and Web3 ecosystem, to bring the metaverse directly into the living rooms of viewers.

29.12 / 19:45

Adoption NFT Metaverse An overview of the metaverse in 2022

Recognized as one of the most turbulent years for the cryptocurrency and blockchain industry, 2022 has still been vigorous for the metaverse. With over $120 billion invested in the first half of the year alone — according to a McKinsey report — the industry is anything but broken.

27.12 / 04:57

business Payments wallet Metaverse services Financial Fidelity plans NFT marketplace and financial services in the Metaverse

$4.2 trillion asset management firm Fidelity Investments has filed trademark applications in the United States for a host of Web3 products and services, including a non-fungible token (NFT) marketplace and financial investment and crypto trading services in the metaverse.

26.12 / 16:41

cryptocurrency Web3 Metaverse Opinion Misuse of IPRs a major challenge in metaverse

Web3, the new evolutionary stage of the internet, presents itself with the core concept of decentralisation, immutability and ownership. Key elements of Web3 include blockchain, smart contracts, crypto-currency, non-fungible tokens (NFTs), and the metaverse. NFTs and the metaverse are poised to change how businesses, especially those related to finance, retail and entertainment operate. NFTs have moved from being mere collectibles to having multiple real-world use cases. As the adoption of NFTs and other Web3 elements by businesses grows, legal issues related to intellectual property rights (IPRs), which may arise due to the decentralised and anonymous nature of this technology, will also pose challenges for various stakeholders.

21.12 / 10:03

business virtual reality Metaverse Huawei Support Current infrastructure can't support the Metaverse, says Huawei report

Chinese telecom giant Huawei doesn’t believe current telecom infrastructure is enough to cope with the needs of the Metaverse, adding that 5G and 6G networks just might.

20.12 / 13:15

Adoption Web3 Metaverse One-third of singles are ready to date in the Metaverse: Survey

Online dating has already become a commonplace activity in modern-day romance. Data from Statista forecasted nearly 280 million online dating users by 2024.

10.12 / 14:19

Blockchain NFT defi Metaverse place Build, demolish, and trade NFTs in one place with Bluemoon Metaverse

The Metaverse as a concept exploded last year, especially after social media giant Facebook rebranded to Meta. And while there have been a number of different virtual world projects released, interoperability and integrations are still lacking. Generally, users are provided with a virtual reality that has already been shaped for them. Not only that, limitations regarding protocols, integrations and the use of NFTs are still dominating the Metaverse sector.

07.12 / 23:11

NFT Metaverse Marketplace Opera Meta Ceo Meta ‘powering through’ metaverse plans: Nifty Newsletter, Nov. 30–Dec. 6

In this week’s newsletter, read about how the word “metaverse” placed second in Oxford’s Word of the Year. Check out how Meta is pushing forward its metaverse plans amid doubts and how the nonfungible token (NFT) marketplace Magic Eden announced a tool to enforce royalties. In other news, find out how the Opera Crypto Browser is integrating NFT minting. And, don’t forget this week’s Nifty News featuring a new all-time high for Reddit avatar minting.

07.12 / 14:19

business NFT Metaverse Smart Contracts Decentraland launches virtual property renting for LAND owners

The metaverse platform Decentranland announced a new platform feature which allows its users who own virtual LAND to essentially become landlords. Owners can now officially rent out their property to other users on the platform for predefined periods of time.

06.12 / 20:21

business Technology Investments Metaverse stake Animoca Brands secures majority stake in music metaverse gaming platform

Digital entertainment, blockchain, and gamification company Animoca Brands has secured a majority stake in the Los Angeles-based music metaverse gaming platform Pixelynx.

05.12 / 23:49

business Metaverse place Metaverse comes in second place for Oxford's word of the year

The Oxford University Press team chose 'metaverse’ to come in as a runner-up to ‘Goblin mode’ for the word of the year in 2022.

05.12 / 06:53

NFT European Union Metaverse Reddit Time Nifty News: Reddit NFT mints reach all-time high, EU’s $400K Metaverse party flops and more

Reddit’s nonfungible token (NFT) collection hit another milestone on Dec. 3 with a record 255,000 of its “avatars” minted in the one day.

02.12 / 17:53

Adoption NFT Developers Metaverse Animoca creates billion-dollar metaverse fund for developers

The GameFi champion and metaverse developer Animoca Brands has a billion-dollar fund in its plans, according to a report from Nikkei Asia on Nov. 30.

02.12 / 17:41

Web3 Metaverse 500 New Report: Blockchain Gaming Sector Sees $500,000,000+ Investment Between October and November in 2022 Alone

The blockchain gaming sector has received investments of $534m between October and November this year, and gaming continues to account for almost half of all blockchain activity, a new report has found.

02.12 / 13:49

business Adoption Metaverse acquires Firefox dev Mozilla goes all-in on metaverse, acquires Active Replica

The web developer Mozilla, mainly known for its internet browser Firefox, has joined the rush of legacy internet platforms jumping into the Web3 and metaverse development space.

01.12 / 03:49

Facebook defi Metaverse The metaverse is happening without Meta's permission

In changing the name of its parent company to Meta, Facebook put a stake in the ground: It would be the symbol of the evolution of the internet, the metaverse. Whether we liked it or not.

30.11 / 23:47

NFT Metaverse income Two Bored Apes sell for $1M each: Nifty Newsletter, Nov. 23–29

In this week’s newsletter, read about how two Bored Ape nonfungible tokens (NFTs) sold for almost $1 million during the bear market and how the word “metaverse” made it into the top three finalists for Oxford Word of the Year. Check out how the metaverse can generate passive income through royalties and how NFT marketplace OpenSea has integrated BNB Chain into its platform. And, don’t forget this week’s Nifty News featuring COVID-19 protests in China being converted into a Polygon-based NFT collection.

30.11 / 09:23

Adoption Scams Metaverse phishing Metaverse exploitation and abuse to rise in 2023: Kaspersky

Malware, ransomware attacks and phishing are not the only scourges of the crypto industry as the Metaverse could become a big target next year, according to cybersecurity experts.

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