Tag Archives: metaverse

While the advent of Metaverse is seen as a major step in the crypto frontier, a report released by NYU Stem Center for Business and Human Rights (CBHR) warned that these developments could lead to an unprecedented erosion of privacy and a rapid surge in physical aggression. CBHR’s report recommends adopting solid steps by both the Web3 space and governments to avert a looming security and privacy crisis. Unprecedented Erosion of Privacy Metaverse, Extended Reality, or Spatial...

Darewise Entertainment, a subsidiary of Animoca Brands, has partnered with Horizen Labs to launch the first-ever metaverse ecosystem token on the Bitcoin blockchain. This partnership aims to usher in a new era of possibilities for gaming, brands, and real-life experiences within the Bitcoin ecosystem. Bitcoin’s First Metaverse Ecosystem Token Darewise Entertainment, known for its visionary work on the Life Beyond Gaming Metaverse, has announced that it is working closely with...

Qualcomm Global Senior Vice President Cheng Lixin expressed optimism about the partnership, emphasizing its potential to accelerate the development of China’s metaverse.  Chinese tech giant Baidu Inc (HKG: 9888) has announced a strategic partnership with Qualcomm Inc’s (NASDAQ: QCOM) local unit. This collaboration promises to propel the development of Extended Reality (XR) and Generative Artificial Intelligence (AI) to new heights. The partnership, revealed via a compelling social media...

Kim is advocating for a shift in strategy, proposing immediate taxation of all forms of income and assets within the metaverse. Christine Kim, a legal scholar and professor of law, in a recently published research paper has expressed concern about the possibility of tax evasion in the metaverse and has urged the relevant authorities to put in place the necessary structures. She claims that the digital space has the potential to become a tax haven, allowing people to avoid their tax...

The state-owned telecom operator China Mobile has reportedly proposed the creation of a “Digital Identity System” to keep track of all local metaverse users.  The idea has been discussed between tech experts and Chinese officials and could set global rules focused on that technology. A Safety Measure or Additional Government Control? According to a recent Politico coverage, the proposed “Digital Identity System” will require metaverse participants to share personal data...

CoinspeakerChina Proposes Its Social Credit System to Regulate the Metaverse According to some experts, the idea of providing each person with a digital ID that also contains their social traits and other personal information is more akin to the Chinese social credit system. China Proposes Its Social Credit System to Regulate the Metaverse

CoinspeakerZTX (ZapetoX) Launches on Abitrum to Revolutionize 3D Ecosystem The integration of ZTX with Arbitrum aligns perfectly with the expansion strategy it recently launched. ZTX (ZapetoX) Launches on Abitrum to Revolutionize 3D Ecosystem

Co-Branding im Metaverse: Gemeinsame Welt von Smile und QoQa There has been renewed interest in the virtual reality space since Apple released its Vision Pro headset. This is the $2.9 trillion company’s first major foray into the metaverse: a mixed reality headset that combines virtual reality (VR) and augmented reality (AR). A recent survey by Paypal showed that an estimated 38 million people now spend $28 billion a year on metaverse gaming....

Leading cryptocurrency exchange, Binance, has just concluded its first metaverse reality show dubbed “Build The Block.” The show ends with the blockchain project zkPass emerging as the winner, opening the way to several awards from the exchange. zkPass is a decentralized privacy-protecting identity protocol that harnesses Multi-party Computation (MPC) and Zero-knowledge Proof (ZKP) technology to enable users to prove their verifiable data in the Web2 and Web3 networks. zkPass...

Blockchain gaming giant – Animoca Brands – revealed around $3.4 billion in assets in an interim financial update that outlined its key unaudited financial positions as of April 30, 2023. The Hong Kong-based company announced that it remains financially strong with a cash and stablecoin balance of $194 million. The financial statement also reported liquid digital assets of $566 million, including reserves of SAND, the utility token used in The Sandbox platform. Additionally,...