Metaverse
Saudi Arabia's NEOM Is Working to Build the 'City of the Future' With Blockchain, Web3: Yat Siu
Metaverse and gaming VC firm Animoca Brands is gearing up to enter into a partnership with Saudi Arabia's NEOM Investment Fund to support its aspirations as a futuristic tech hub. Animoca Brands Executive Chairman Yat Siu discusses the partnership and the outlook for Web3 in the region. Plus, Siu reacts to FTX founder Sam Bankman-Fried being found guilty on all seven counts of fraud and what it means for the crypto industry.
Animoca Brands Courts $50M Investment From Saudi Arabia's NEOM
Animoca will build Web3 service capabilities with global commercial application alongside NEOM to support its aspirations as a futuristic tech hub.
Sam Bankman-Fried Says He Made 'Mistakes' at FTX; Binance CEO CZ's Fortune Revealed
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories shaping the crypto industry today, including Sam Bankman-Fried's testimony as he takes the stand in front of jurors during his criminal trial. Bloomberg reports on the change in Binance founder CZ's net worth during crypto winter. Plus, users of the hi debit Mastercard can now spend Metaverse platform Sandbox’s SAND token in eligible markets.
Decentraland Foundation Exec on Future of AI in the Metaverse
Nvidia, decentralized artificial intelligence (AI) network SingularityNET and others are participating in Decentraland's AI World Fair this week. Decentraland Foundation executive director Yemel Jardi shares insights into the event, exploring the opportunities of AI innovation in the metaverse and the outlook for mainstream adoption.
MultiversX's EGLD Token Rallies on Partnership With Google Cloud
EGLD ticked up nearly 10% to just over $26 during European morning hours on Friday
Fortnite Developer Epic Games Lays Off 16% of Staff Following Metaverse-Inspired Transition
The game's growth is now primarily driven by creator content, meaning lower revenue for Epic as the revenue is more distributed.
UK Just Passed an Online Safety Bill That Will Apply to the Metaverse
The bill requires companies to assess the likelihood that children will encounter harmful content in virtual worlds and have measures in place to mitigate such risks.
Animoca Brands Raises $20M to Advance its Metaverse Project Mocaverse
Metaverse and gaming venture capital firm Animoca Brands has raised $20 million from a group of other prominent Web3 investors for its Mocaverse project. "First Mover" host Jennifer Sanasie and The Tie director of content Lawrence Lewitinn discuss the state of metaverse and blockchain gaming, as crypto winter drags on.
Animoca Brands Raises $20M for Metaverse Project Mocaverse
The investment was led by CMCC Global and included contributions from Kingsway Capital, Liberty City Ventures and GameFi Ventures.
Shiba Inu’s Ethereum Layer-2 Blockchain Shibarium Goes Live Amid Push for DeFi Growth
The much-awaited Shibarium network saw over 21 million wallets created during its testnet and is expected to position Shiba Inu as a serious DeFi contender.
