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April 2022

Meta Opens Monetization Options to Users of Horizon Worlds

Meta Opens Monetization Options to Users of Horizon Worlds

Meta, the company formerly known as Facebook, is now launching a pilot project that will let users in Horizon Worlds, its VR metaverse platform, monetize their creations. This pilot will allow a number of users to collect payments for access to their created environments, or for virtual items sold in these worlds. Meta will also […]

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MetaMask’s Institutional Arm Makes Push for DAOs With New Custody Deals

MetaMask’s Institutional Arm Makes Push for DAOs With New Custody Deals

The ConsenSys-owned wallet provider says it want to bring “all organizations on planet earth into Web 3.” PARIS – MetaMask Institutional, a version of the leading decentralized finance (DeFi) wallet, has integrated new custodians to its platform in a bid to reach further into the world of decentralized autonomous organizations (DAOs). MetaMask Institutional announced on Wednesday that it

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Hong Kong-Based LOST Launches World’s 1st Escape Room in Metaverse

Hong Kong-Based LOST Launches World’s 1st Escape Room in Metaverse

Hong Kong-based LOST has launched the world’s first escape room in the metaverse. The real-life escape room game company said that players in the “LOST in Metaverse” could earn awards and attain knowledge all at once while playing the game. LOST said that the launch date has been set for May 15, 2022. “Inspired by fictional events,

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Long Crypto Traders Feel Pain as Bitcoin’s Slide Leads to 0M in Liquidations

Long Crypto Traders Feel Pain as Bitcoin’s Slide Leads to $430M in Liquidations

Nearly 90% of all liquidations in the past 24 hours came from traders betting on the upside. Futures traders betting on the continued recovery of crypto prices were caught in the crosshairs after bitcoin (BTC) dropped to under $40,000 in the past 24 hours. Traders racked up over $430 million in losses to liquidations, according

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Mark Zuckerberg says Meta will test selling virtual goods in the metaverse

Mark Zuckerberg says Meta will test selling virtual goods in the metaverse

KEY POINTS Mark Zuckerberg said Meta is testing new tools that allow creators to sell virtual assets and experiences within the worlds they build on Horizon Worlds. “The ability to sell virtual items and access to things inside the worlds is a new part of [the] e-commerce equation overall,” Zuckerberg said. Over the last few months,

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Philippines’ fintech achieves unicorn status after embracing crypto payments

Philippines’ fintech achieves unicorn status after embracing crypto payments

Voyager reportedly plans to integrate cryptocurrencies, micro investments and insurance products into PayMaya, which already includes a digital wallet. Voyager Innovations, the firm behind the Philippines’ top digital payments app Paymaya, has announced it has achieved unicorn status after a recent round of funding, surpassing a $1 billion valuation. Voyager Innovation announced Tuesday that the new $210

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BITCOIN PRICE NEARS ,000 AS U.S. INFLATION JUMPS TO 8.5%

BITCOIN PRICE NEARS $41,000 AS U.S. INFLATION JUMPS TO 8.5%

Bitcoin decoupled from the Nasdaq to denote a 2.7% gain as U.S. inflation numbers recorded a new 40-year high. U.S. inflation hits new 40-year record at 8.5%. Bitcoin traded green above $40,500 as the index reading came above market expectations. Gasoline prices increased by 18.3%, while energy rose 32% over the last year. Bitcoin has

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Robinhood Lists Shiba Inu and 3 More Cryptocurrencies — SHIB Price Soars

Robinhood Lists Shiba Inu and 3 More Cryptocurrencies — SHIB Price Soars

Popular trading platform Robinhood has listed shiba inu (SHIB) as well as three other popular cryptocurrencies. Supporters of the meme crypto have petitioned for months for Robinhood to list SHIB. Robinhood Finally Lists Shiba Inu Crypto Popular trading platform Robinhood announced the listing of four new cryptocurrencies Tuesday. The company wrote: We’re pleased to announce

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Mastercard Files for 15 Crypto & Metaverse Related Trademarks

Mastercard Files for 15 Crypto & Metaverse Related Trademarks

Payment company Mastercard has filed for 15 trademarks related to NFTs, crypto and metaverse, The Block reported. The filings have an April 7 status date. They include NFT-backed multimedia, marketplaces for digital goods, and metaverse related payment transaction processing and e-commerce software business. According to the report, the trademark applications have been filed on a

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Chinese gaming stocks jump as regulator approves new titles after months-long freeze

Chinese gaming stocks jump as regulator approves new titles after months-long freeze

KEY POINTS China’s National Press and Publication Administration approved a batch of 45 games for monetization, the first such approval since July 2021. U.S.-listed shares of NetEase, one of China’s biggest gaming companies, were up more than 4% in early trade while live-streaming companies Bilibili, Huya and DouYu also jumped. The approval indicates a slightly

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