As confirmed by the vice president for Global Affairs and Communications at Meta Platforms Nick Clegg, has hinted at the major plans of the company with regards to the metaverse. He shared this in his speech at Lisbon’s Web Summit 2021. Meta Vice President Shares The Company’s Plans During his interview with Financial Times’ Matthew
According to recent Google Trends data, people from the Asia-Pacific APAC region of the world were the most interested in the word “NFT”, over the past year. Possibly as a result of the ongoing nonfungible token (NFT) boom, people from China, Hong Kong, and Singapore had the highest number of Google searches for the keyword
As part of its efforts to accelerate the emergence of the Metaverse, Sfermion has now raised $100 million venture funds to that effect. The firm which originally aims to gain exposure to NFT assets, is now bent on expanding its portfolio to the metaverse space since re-emerging into the public discourse. Sfermion Announces $100 Million
Popularly known for creating the Assassin’s Creed franchise, and arguably one of the world’s biggest video game companies, Ubisoft has hosted its Q2 earnings call this week, where it discussed blockchain as a key topic. Now, despite reporting a 15% rise in unique active players for the first half of the year — in comparison
XDEFI Wallet, a browser-based service for Decentralized Finance DeFi and NFT assets, now officially supports the layer-1 blockchain protocol Terra on its platform. This new development comes, following several weeks of testing and development. Now with the integration of Terra, the platform is now supporting no fewer than 9 blockchain networks including Bitcoin, Polygon, and Ethereum.
Traditional finance and cryptocurrencies have finally found a connection. As per recent reports, starting 2020, it might be legal for German banks to sell cryptocurrencies like Bitcoin and Ethereum and also provide custody solutions. Bill Awaits Consensus of 16 States In the present scenario, German financial institutions are not allowed to sell crypto assets to
The Chinese president, Xi Jinping in an organized study session said that the communist party should use blockchain technology for important innovations and also take steps to accelerate the development of the same. Will China emerge as a Blockchain Leader? Jinping lauded blockchain in a meeting with the political bureau of the party’s Central Committee.
Binance CEO, CZ in a recent tweet shared that now WeChat pay in Shenzhen is putting its receipts on the blockchain. WeChat is a Chinese multi-purpose messaging and mobile payment app developed by Tencent. Is it a hint enough that WeChat pay will soon support crypto payments as well? Crypto Twitter Lauds Chinese Efforts Cz’s
South Korean giant Samsung is all set to launch another blockchain-based phone dubbed “KlaytnPhone,” as a Galaxy Note 10 variant. Samsung’s new smartphone will have a cryptocurrency wallet and blockchain apps pre-installed. The phone is expected to go on a sale starting today. It will be available in South Korea only. Per reports, the smartphone
Migros, the largest retailer in Switzerland recently announced its plan to implement blockchain solutions for better traceability of fruits and vegetables. Migros Implementing Blockchain Solution Almost every industry finds Blockchain technology as an advanced methodology to fight for various issues prevailing in the respective industry. As such, Migros with a mission to bring safety and
I bitcoin enthusiast and crypto believer, Anthony Pompliano during an interview on CNBC Tuesday stated that bitcoin will eventually become mainstream and will be in every institution investors’ portfolio. Anthony Pompliano, who simply goes by the name “Pomp” on Twitter, is the co-founder and partner at Morgan Creek Digital, SEC-approved crypto establishment which provides investment
Venezuela’s Petro is one such crypto token that comes often in limelight. The token has recently received a mainstream adoption from the largest department stores in the country, Traki. Traki Accepting Petro Token Traki, the country’s largest department stores recently began accepting Petro tokens as a form of payment. Though this is not something Traki
The result of a recently conducted survey by U.S. brokerage eToro showed that Facebook Libra is becoming more popular among American adults who have heard about cryptocurrencies. In fact, the population of American adults who know about Facebook Libra ranks above those of Ethereum, Litecoin and Ripple’s XRP at 16%. Bitcoin Still Dominates Although Bitcoin
Many bitcoin enthusiasts believe that a massive bitcoin adoption is underway. Surprisingly, they seem to be a bit less informed about the rapidity of this assertion. Recently, the United States Congress held a historical Libra hearing in which certain congresspersons made very bullish comments on the topic of bitcoin and blockchain. Not till that moment
Note: The original version of the article was published by Cloudbet and is part is part of the Cloudbet Blog’s series on big-picture blockchain stories. For more in-depth discussions on all things crypto, tune into our In the Cloudsection and follow us on Twitter. Home to over 1.2 billion people, the African continent is seeing