Transactions In The Metaverse Would Be Worth $5 Trillion By 2030 – McKinsey
A recent McKinsey report has hailed the Metaverse as a potential future for socialization and entertainment. It foresees that transactions…
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Hong Kong Financial Secretary Stresses the City’s Pro-Crypto Credentials
Hong Kong's financial secretary Paul Chan restated the city's preparedness to shape the region's crypto industry. In his January 9…
Ferrari Terminates Sponsorship Contract With Velas Blockchain
Automobile manufacturer Ferrari suffers a loss of more than $50 million after terminating a contract with Velas blockchain. The source…
NFT Platform SuperRare Labs Admits Overhiring and Lays Off 30%
The social-based NFT platform admitted over-hiring during the aggressive crypto growth. The digital artwork marketplace. SuperRare Labs joined the list…
Coinbase And ENS Partner To Expand Web3 Names On Android And iOS
The decentralized name-tagging system, Ethereum Network Service (ENS), has collaborated with Coinbase to increase the usage of Web3 names. According…
Crypto And Web3 Firms Might Struggle To Raise Funds In 2023 – Research
2022 was a challenging year for the crypto community. Meanwhile, crypto venture capital firms still invested immensely in several projects…
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Justin Sun Counters Withdrawals by Moving $100M in Stablecoins to Huobi Exchange
The scrutiny of the Huobi exchange by blockchain data analytic firm Nansen revealed a huge inflow of stablecoins. The detailed…
An Aptos-Based Multi-Sig Wallet Secures $5 Million In Funding
MSafe, a prominent Aptos-based multi-sig wallet provider, recently achieved $5 million in Series A funding, with Jump Capital being the…
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5 Crypto Wallets To Rule 2023
Browser extensions, mobile apps, hardware products – crypto wallets raised eyebrows in 2022. While FTX and BlockFi collapsed, crypto enthusiasts…
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How NFTs Will Dominate 2023
People creating art in digital form have claimed NFTs as a new monetization avenue. Hundreds of thousands of authentic and…
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Why 2023 Is The Year To Buy Your First Crypto
Extra cash from your side-hustle or a Christmas bonus – the time is right to upgrade your investment portfolio with…
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Ethereum To Outperform Bitcoin In 2023, Financial Analyst Predicts
Micheal McGlone, a financial analyst, published a report with his forecast for 2023. In the report, he stated that, despite…
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LG Heightens Metaverse Ambitions in 2023
The South Korean tech company issued a series of metaverse-oriented projects in 2023. LG Electronics utilized the Consumer Electronics Show…
Magic Eden Addresses Pornographic Display Situation; Blames Third-party Breach
A scandalous attempt was made on the Magic Eden Solana marketplace, showing explicit pornographic content on the marketplace. Magic Eden…
2022 Funding Review: Web3 Start-Ups Secured $7.1 Billion Of Total Investment Inflows
According to a report by Metaverse Post, start-ups innovating in Web3 secured $7.1 billion in funding throughout 2022. Multiple reports…
Japan’s Largest Insurance Company To Offer Insurance Services In The Metaverse
Tokio Marine, the largest insurance company in Japan, has joined the metaverse trend. The company plans to extend its operation…