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Microsoft Moving Past Social VR And Focusing On Business

Virtual reality (VR) is no longer just for gaming and entertainment. In fact, it’s quickly becoming a powerful tool for businesses looking to enhance collaboration and productivity in the workplace. One of the major players in this field is Microsoft, which recently announced that it will be shutting down its social VR platform AltspaceVR in […]

Explaining The Dismal Sales Performance Of The Porsche NFT

Porsche NFT failure was stated as due to a lack of community and following consultation Big name brands and companies have been utilizing non-fungible tokens (NFTs) to build upon their business in recent years. However, not all companies have been successful in this endeavor. One example of this is Porsche, the German luxury car brand, […]

Phantom Is The Crypto Hero We Need And The One We Deserve

Popular Solana Wallet Has Thwarted Many Malicious Attacks Phantom is here to protect As the world of cryptocurrency continues to evolve and expand, so too do the threats and dangers facing users. Phishing and scam attacks have become all too common in the crypto space, with hackers and fraudsters looking to exploit vulnerabilities and steal […]

Web3 Gaming Company Forced To Change Course Due To Dungeons And Dragons

Changing course Web3 gaming company Gripnr has been forced to change course on its upcoming project, The Glimmering, after it became clear that Dungeons & Dragons (D&D) publisher Wizards of the Coast wanted nothing to do with non-fungible tokens (NFTs). The Louisiana-based firm had originally set out to create a blockchain-based tabletop game, leveraging Ethereum […]

One U.S Senator Is A Complete Fan OF Bitcoin

Senator Cruz Wants Bitcoin Payments Senator Ted Cruz, a Texas lawmaker, introduced a resolution in the Senate on Wednesday, advocating for the use of cryptocurrency payments within certain areas of the Capitol. This move is a sign of Republicans’ continued focus on regulations related to digital assets. The resolution would apply to officials who oversee […]

Latest Tesla Earnings Report Shows $34 Million Dollar Loss

  Impairment Charges Tesla reported in its latest earnings report that it had not bought or sold any Bitcoin in Q4 2022. However, the company recorded $34 million in impairment charges as the value of its Bitcoin holdings dropped to $184 million from $218 million in Q3 2022. An impairment charge is when an asset’s […]

Popular Crypto Trading Firm Is Yet Again Fined For Violations

Coinbase gets fined in The Netherlands Oops Coinbase did it again At the start of November 2020, Coinbase, the world’s largest crypto exchange, was preparing to enter the Netherlands with its services, having already secured its license from the Dutch Central Bank (DNB). Unfortunately, Coinbase stumbled out of the gate due to a bureaucratic snag, […]

New Startup Is Making Waves In Web3 Fashion And Sales

Spatial Labs Is Here To change The Game •Web3 startup Spatial Labs has raised $10 million in its seed funding round, led by Blockchain Capital and backed by Jay-Z’s venture capital firm Marcy Venture Partners. • The new round brings the startup’s total funding to $14 million and they have developed a 13-millimeter microchip called […]

Mango Markets Is Suing Avraham Eisenberg For The Money They Gave Him In A Deal

Not so sweet Mango Labs, the developer of the decentralized finance (DeFi) lending protocol Mango Markets, is suing Avraham Eisenberg for the $47 million he allegedly still holds from the exploit, plus damages. Mango Markets is a decentralized exchange built on the Solana blockchain. On October 11, 2022, Eisenberg allegedly executed a malicious attack on […]

Doodles and Golden Wolf Join Forces in Innovative Acquisition

Will Doodles Meet Rick and Morty? Brief Summary Doodles, a leading Web3 media and entertainment brand, has agreed to acquire Emmy-nominated animation studio, Golden Wolf. The acquisition signals an ambitious move for Doodles to become one of the world’s most innovative franchises. As part of the deal, Golden Wolf’s team will join Doodles and Ingi […]