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” CME Group to launch 3 metaverse reference rates “ Derivatives marketplace CME Group is planning to launch reference rates and real-time indices for three metaverse crypto assets, allowing investors to track pricing data more reliably using a methodology commonly used in traditional finance. Beginning Jan. 30, CME Group and CF Benchmarks will launch reference…
” Redeeming physical NFTs: Easier said than done? “ Despite the crypto winter, nonfungible tokens (NFTs) continue to draw interest. This has become apparent as many brands and retailers have started to offer digital NFTs attached to physical products. Known as “phygitals,” these offerings allow real-world products to be tied to digital NFTs. For example,…
” 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….
” The worst influencer and celebrity NFT cash grabs of 2022 “ Mainstream hype for the nonfungible token (NFT) market cooled down significantly in 2022, but that didn’t stop a host of popular and wealthy figures from stinking up the space with dreadful collections last year. In the 2022 edition of the worst influencer and…
” Magic Eden hosting service compromised: Nifty Newsletter, Dec 28–Jan 3 “ In this week’s newsletter, read about how nonfungible tokens (NFTs) in the Magic Eden marketplace showed “unsavory images.” Read about Final Fantasy developer Square Enix’s aggressive investments in blockchain gaming and how play-to-earn (P2E) will transition from the growth phase to maturation. In…
“Ex-NFL star claims ‘racist’ CEO urged him sleep with co-workers” The CEO of a New York-based metaverse company has been accused of sexually harassing a pair of African-American subordinates — including a former NFL player who claims she subjected him to bizarre come-ons and prodded him to have sex with co-workers. Teyo Johnson — a…
” 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…
” Top five crypto winners (and losers) of 2022 “ Cointelegraph looks back on the best and worst-performing cryptocurrencies of 2022 among the top 100 assets by market capitalization. We used the highest and the lowest year-to-date (YTD) returns through the close of Dec. 25, 2022. Overall, Cryptoindex.com 100 (CIX100), an index that tracks the…
” Animoca Brands is the most funded metaverse developer in 2022: Nasdaq “ The crypto bear market has also been called a builder’s market by many leading figures and companies in the industry. New data from Nasdaq reveals that investors had this mindset as they continued to sink money into Web3, particularly metaverse-related projects. According…
” ‘Huge signal and validation’ — Top Activision exec to take Yuga Labs’ helm “ The appointment of one of Activision Blizzard’s highest-ranking executives to a leadership position at Bored Ape Yacht Club (BAYC) parent Yuga Labs has been seen as a boon for its metaverse efforts and another sign of validation of the crypto…