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Jeju Island Goes Meta: NFTs to Lure Gen Z Tourists

Jeju Island Goes Meta: NFTs to Lure Gen Z TouristsJeju Island, South Korea’s special self-governing province, plans to introduce NFT-based digital resident tourism cards in the second half of this year. Jeju Authorities Target Millennial and Gen Z Visitors South Korea’s special self-governing province, Jeju Island, has announced plans to issue a non-fungible token (NFT)-based digital resident tourism cards in the second half of […]

Hyperliquid addresses concerns over validator selection and network centralization

PUBG creator ‘not even thinking about’ NFTs for upcoming metaverse: Report

Brendan Greene, the creator of PUBG, said his upcoming metaverse may integrate blockchain technology, but doesn’t have any plans for NFTs.

Brendan Greene, creator of the online battle royale shooter PlayerUnknown’s Battlegrounds (PUBG), unveiled plans to create a new generation of a gameplay-focused metaverse called Artemis.

Non-fungible tokens (NFTs) are unlikely to make an appearance. 

Speaking to IGN on Jan. 4, Greene said he’s “not even thinking about” including NFTs in the project, which is currently under development at his game studio PlayerUnkown Productions. 

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Hyperliquid addresses concerns over validator selection and network centralization

Nokia files patent for digital asset encryption device and program

A Nokia patent application shows that the company may be moving into digital asset encryption.

Finnish telecom company Nokia filed for a patent on a “device, method and computer program” that can encrypt digital assets. 

On Dec. 23, the China National Intellectual Property Administration (CNIPA), patent office of the People’s Republic of China, disclosed that Nokia Technologies had applied for the digital asset encryption patent.

According to English translations of the application, the patent is for a device and a program with a component that encrypts digital assets.

Translation of filing CN 119155674 A by Nokia Technologies. Source: CNIPA

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Hyperliquid addresses concerns over validator selection and network centralization

Ubisoft, Arbitrum to launch ‘Captain Laserhawk’ Web3 shooter Dec. 18

The French gaming company developed the title in partnership with the Arbitrum Foundation.

The Arbitrum Foundation and French gaming giant Ubisoft have announced Dec. 18 as the official launch date for “Captain Laserhawk: The G.A.M.E.” a web3-enabled top-down shooter. 

The game is set in the Ubisoft gaming universe and features a cast of characters from titles including Far Cry: Blood Dragon, Rayman, Assassin’s Creed, Beyond Good and Evil, The Crew, Rainbow Six, Splinter Cell and Watch Dogs.

Captain Laserhawk’s gameplay combines classic top-down shooter mechanics with competitive leaderboards and Web3 features. Story-wise, it’s a media spinoff of the 2023 Netflix-based television show “Captain Laserhawk: A Blood Dragon Remix.” The title is among the slate of Ubisoft games exploring Web3, blockchain, and non-fungible tokens (NFTs).  

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Hyperliquid addresses concerns over validator selection and network centralization

Meta’s Crypto Project Libra Victim of ‘Political Kill,’ Says Co-Creator David Marcus

Meta’s Crypto Project Libra Victim of ‘Political Kill,’ Says Co-Creator David Marcus

The co-creator of Meta’s ill-fated crypto payment project Libra says a political hit job stymied their efforts. David Marcus says Libra, later renamed Diem, would have “solved global payments at scale.” The tech executive notes his team spent months briefing “key regulators” in the US and abroad prior to announcing the project in June 2019 alongside […]

The post Meta’s Crypto Project Libra Victim of ‘Political Kill,’ Says Co-Creator David Marcus appeared first on The Daily Hodl.

Hyperliquid addresses concerns over validator selection and network centralization

Creators’ IP rights must be protected in the age of AI — Tracverse founder

Traverse founder Amos Thomas believes stories are the foundation of everything, and that humanity must do everything in its power to protect them.

Human stories and knowledge are the lifeblood of civilization and must protected at all costs in the age of artificial intelligence, according to Tracverse founder Amos Thomas.

Since their mainstream debut roughly two years ago, generative artificial intelligence solutions such as large language models (LLMs) have come under fierce criticism for reportedly sucking up the knowledge and creative outputs of humans, without credit or compensation, to train their algorithms.

The solution to this major issue lies in minting humanity’s stories on the blockchain, says Thomas.

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Hyperliquid addresses concerns over validator selection and network centralization

Study: 98% of 2024 NFT Drops Are Dead; Only 0.2% Have Generated Profits for Investors

Study: 98% of 2024 NFT Drops Are Dead; Only 0.2% Have Generated Profits for InvestorsA new study shows a slump in the non-fungible token market, with low trading activity and steep price drops hinting at potential market oversaturation. Demand and Supply Mismatch A study finds that 98% of non-fungible token (NFT) drops in 2024 have seen no trading activity since September, with 64% having fewer than 10 mints. This […]

Hyperliquid addresses concerns over validator selection and network centralization

Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes

Alibaba’s Metaverse Unit Layoffs Dozens as Interest WanesAlibaba has laid off employees at its metaverse unit, Yuanjing, reflecting a broader industry trend of waning interest in metaverse projects by large Chinese corporations. Despite Layoffs, Alibaba Remains Committed to the Metaverse Chinese tech giant Alibaba has reportedly laid off dozens of employees at its metaverse unit, Yuanjing, as part of a restructuring exercise. […]

Hyperliquid addresses concerns over validator selection and network centralization

FINRA Warns Member Firms of Metaverse Adoption Challenges

FINRA Warns Member Firms of Metaverse Adoption ChallengesThe Financial Industry Regulatory Authority has released a report highlighting the potential benefits and risks of the metaverse for the securities industry. The report emphasizes the importance of addressing challenges identified to ensure the responsible and ethical development of metaverse applications. Firms Must Weigh Challenges in Metaverse Adoption While the metaverse is said to provide […]

Hyperliquid addresses concerns over validator selection and network centralization

FINRA says rules still apply in the metaverse

The Financial Industry Regulatory Authority says brokers and dealers are increasingly experimenting in the metaverse.

The Financial Industry Regulatory Authority (FINRA), a non-governmental, self-regulatory organization, recently published a report outlining the potential regulatory implications for securities and finance firms operating in the metaverse. 

Along with a breakdown of the current state of metaverse activity in the finance industry and projections for the technology’s future, FINRA also dedicated several paragraphs of the report to reminding businesses that both its rules and relevant government regulations apply to their activities in the metaverse just as they would otherwise. 

FINRA announces the publication of its comprehensive metaverse report on X.com. Source: FINRA

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Hyperliquid addresses concerns over validator selection and network centralization