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Finance

Metaverse Token Gamium Surges 340% After Meta and Telefonica Partnership Announcement

The token has a market cap of $29 million and has surged by 340% over the past 24-hours.

Gamium token (TradingView)

Videos

Facebook Parent Meta’s Metaverse Unit Lost $13.7B Last Year

According to its earnings release Wednesday, Meta Platforms (META)'s Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations, lost $13.7 billion in 2022. "The Hash" panel discusses the outlook for Meta's metaverse ambitions.

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Finance

Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022

The social media giant reported losing $4.3 billion in the division in the fourth quarter of 2022 on revenues of $727 million.

Mark Zuckerberg, CEO de Meta. (Shutterstock)

Videos

Aptos Token Price Doubles in Two Weeks Amid Strong NFT Interest

Layer 1 blockchain Aptos' native token has surged over 400% since the start of the year amid increased interest in NFT trading. Aptos Labs Co-Founder & CEO Mohammad Shaikh discusses the potential catalysts for the rally, the outlook for NFTs, and layer 1 competition. Plus, insights into his time at Meta while building the Diem blockchain.

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Videos

Top NFT Projects Launched on Instagram Are Selling Out in Seconds

NFT creators and collectors saw opportunities to present their digital assets to Instagram, one of the largest social media platforms in the world, since its parent company Meta Platforms began testing out non-fungible token (NFT) sharing early last year. "The Hash" panel discusses what this means to mainstream adoption of NFTs.

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Web3

Notorious B.I.G. in the Limelight in Metaverse VR Concert Experience

The virtual performance from a digital recreation of the late rapper was an impressive showcase of technology.

Screenshot from The Notorious B.I.G "Sky's the Limit: A VR Concert Experience" (Meta Horizon Worlds)

Videos

Polygon Studios CEO on Partnership With Starbucks

Polygon’s business-development team has managed to land partnerships with major brands entering the Web3 space, including Nike, Reddit, Meta and Robinhood. Polygon Studios CEO Ryan Wyatt, who made CoinDesk's Most Influential 2022 list, discusses the details of their latest collaboration with Starbucks and his outlook for mainstream adoption of crypto.

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Videos

Facebook Parent Meta's Latest Gameplan to Boost Metaverse

After Meta Platforms (META) famously riled up U.S. regulators with Facebook’s abortive stablecoin initiative in 2019, the company is back with an effort to influence digital policy for the metaverse. "The Hash" team discusses what this means for Meta's metaverse ambitions and future regulation.

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Opinion

Brands Will Save Crypto? Be Careful What You Wish For

Legacy platforms and mega-companies are helping usher blockchain frameworks into the mainstream, but we must deliberately build systems over which those corporate machines can’t exert control.

(Rachel Sun/CoinDesk)

Finance

Meta CEO Mark Zuckerberg Still 'Long-Term Optimistic' on Metaverse

“The skepticism doesn’t bother me that much,” the CEO of Facebook's parent company said at the DealBook Summit on Wednesday.

Andrew Ross Sorkin speaks with Mark Zuckerberg during the New York Times DealBook Summit. (Michael M. Santiago/Getty Images)

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