What marketers should consider when it comes metaverse brand safety
As brands seek to stake a claim in the metaverse, marketers must know the risks and lingering issues associated with the emerging space. Issues of safety and inclusivity cannot be overlooked. To help marketers and developers better understand the risks associated
Meta (FB) Takes Metaverse to Brick-and-Mortar Retail Store
Facebook parent company Meta Platforms, Inc. (FB) announced on Monday, April 25, that it is opening its first physical retail store to sell metaverse-related products, such as virtual- and augmented-reality devices, as it extends its foray into the virtual world.1 In the store, which
EU Decision-Makers Kick Off Negotiations On Controversial ‘Unhosted Wallets’ Regulation
As the members of the European Parliament have launched the final round of negotiations on the controversial Transfer of Funds Regulation (TFR) today, the crypto industry hopes to impact the legislative proposal’s wording through a lobbying campaign aimed at the European Union’s
Moonbirds drive 85% surge in weekly NFT sales to $456 million. These were the 5 best-selling digital collections.
The cryptocurrency boom over the past few years has helped propel a newer market to record heights: digital collectibles known as NFTs. The craze has pushed total NFT sales volume to $25 billion over the past year as artists, investors, and
DeGods Solana NFT Project to Buy Team Stake in Ice Cube’s BIG3 League
In brief BIG3, a 3-on-3 basketball league, recently unveiled plans to sell team ownership stakes via NFTs.Solana NFT project DeGods will purchase the top ownership stakes in one team, with DeGods holders offered access to lower-tier stakes. Professional basketball league BIG3—founded by
New York to Ban Proof-of-Work Crypto Mining for Two Years
This week, the New York State Assembly passed legislation imposing a two-year moratorium on Bitcoin mining powered by fossil fuels. https://twitter.com/annakelles/status/1519114842916937730?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1519114842916937730%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.thestreet.com%2Fcrypto%2Fnews%2Fnew-york-state-assembly-to-ban-proof-of-work-crypto-mining-for-two-years The bill prohibits fossil fuel permits for crypto-mining relying on the proof-of-work consensus algorithm. The consensus algorithm validates a cryptocurrency transaction
Crypto Hires on the Rise in US, More Women Hired but the Gender Gap Is Getting Worse
The cryptoasset industry is intensifying its recruitment of new employees, with crypto hires rising by a robust 73% between 2019 and 2021 in the US. The number of female professionals hired by the industry is also on the rise, but
CZ Praises Gulf Countries for ‘Great’ Regulations!
The CEO of the major crypto exchange Binance, Changpeng Zhao (CZ), has said the Gulf countries, including the United Arab Emirates’ financial hub Dubai, have a “great regulatory climate” for crypto, and governments in the region understand that crypto is the
Investing in Crypto? 5 Things Everyone Should Know Today
There's a red-hot tool quickly gaining traction for those looking for a new way to make money. It's cryptocurrency, and players ready to invest in digital coinage should keep in mind its risky, wildly volatile and controversial nature. To some, bitcoin, stablecoin and NFTs represent
How an NFT creator lost $34 million due to a smart contract error
Due to a simple smart contract error during a new NFT launch, $34 million in ETH is locked away from both the creator and buyers, as of Friday. On April 22, major league baseball player turned NFT artist Micah Johnson launched his