Crypto Scheme Settlement: Tennessee and GS Partners Resolve Misleading Digital Asset Investments

October 17, 2024 Bitcoin.com

bitcoin.com

Tennessee has secured a multi-million dollar settlement with GS Partners over alleged deceptive investment schemes involving digital assets and the metaverse. Investors were enticed with tokens and vouchers linked to physical gold, skyscrapers, and virtual staking pools. Now, affected individuals have 90 days to file claims, with promises of refunds for all deposited funds or […]

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Epic wants Fortnite, Minecraft, Roblox to become interoperable metaverse

October 7, 2024 Coin Telegraph

Coin Telegraph

Unreal 6 is being designed as a platform for metaverse development.

Epic Games CEO Tim Sweeney recently described a long-term plan for Unreal Games and Fortnite that could finally create the kind of game-agnostic digital assets marketplace Web3 gamers have been dreaming of since the advent of the metaverse.

In a recent interview with The Verge, Sweeney discussed the company’s upcoming Unreal Engine 6.

Unreal is among the most popular game engines in the world. It’s used by developers around the world to make titles such as Epic’s own Fortnite as well as the Mass Effect series and dozens of other AAA gaming franchises and titles.

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Discovering the Creator-Driven World of Nifty Island

October 7, 2024 Bitcoin.com

bitcoin.com

In the latest episode of Regina’s Web3 Gaming Odyssey, she dives headfirst into Nifty Island—a metaverse brimming with customizable islands, NFT integration, and social interaction. Last week’s quick recap Last episode’s livestreamed game showcased Spellborne’s side quests. After delving into Spellborne’s side quests, I also shared my personal insights and explored the game’s tokenomics. Want […]

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Meta shows off Web3-to-reality bridge with ‘Hyperscape’ metaverse demo

October 3, 2024 Coin Telegraph

artificial intelligence

The tech is still experimental, but its implications could change how users view reality.

Meta recently showed off a new “Hyperscape” tech that takes the idea of stitching photographs together to form a 3D environment — such as YouTube’s 360 videos — and turns it into a real-time rendering system that could potentially revolutionize telepresence and redefine the idea of working from home.

Meta’s still as bullish as ever when it comes to the metaverse. As Cointelegraph recently reported, Meta CEO Mark Zuckerberg showed off the company’s new “Orion” smart glasses at the company’s “Connect” event on Sept. 25.

The Orion glasses purportedly give the user an effective heads-up display, allowing them to navigate the physical world with digital information seamlessly integrated into what they are seeing.

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Zuckerberg becomes fourth-wealthiest person following shift to Meta

September 29, 2024 Coin Telegraph

Big Tech

Tech giant Meta's current market capitalization is more than $1.4 trillion — making it one of the most valuable companies in the world.

Tech entrepreneur Mark Zuckerberg is now the world's fourth-wealthiest billionaire — with a net worth of $201 billion — following Facebook's rebrand to Meta in October 2021, and expansion into metaverse hardware and artificial intelligence.

Meta is currently trading at approximately $567 per share at the time of this writing — a more than six-fold increase since the stock's November 2022 lows of roughly $88 per share.

In the year following the rebrand, Meta's stock fell sharply from trading in the $300 range to the November 2022 lows — reflecting investor sentiment toward the company's pivot to augmented reality experiences and the development of AI at the time.

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Animoca Brands, The Sandbox, and Smobler Launch Virtual Peace Sanctuary in Metaverse

September 24, 2024 Bitcoin.com

Animoca Brands

Animoca Brands, a company specializing in digital property rights and gaming, alongside The Sandbox, a decentralized virtual world, and Smobler, a metaverse architecture firm, have launched the virtual Universal Peace Sanctuary. The project, hosted in The Sandbox metaverse, aims to foster global peace and cultural understanding. Virtual Peace Sanctuary Debuts in The Sandbox Metaverse, Backed […]

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Web3 Gaming Platform UNKJD Soccer Collaborates With Puma for Exclusive In-Game Content

September 19, 2024 Bitcoin.com

bitcoin.com

UNKJD Soccer, a popular Web3 sports mobile game, has announced a new collaboration with global sportswear brand Puma. The partnership will bring Puma’s iconic designs and content to the game, offering players new characters, skins, and exclusive tournaments. UNKJD Soccer Introduces Puma-Inspired Characters and Skins in New Partnership According to the announcement shared with Bitcoin.com […]

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

5 US States Settle With GSB Group Over Unregistered Crypto Sales

September 14, 2024 Bitcoin.com

Alabama

Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency deposits. GSB chairman Josip Heit agreed to cease selling unregistered securities without admitting or denying violations. 5 States Reach Settlement With GSB Group Over Unregistered […]

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

‘Godmother of AI’ launches World Labs with $230M funding at $1B valuation

September 14, 2024 Coin Telegraph

‘Godmother of AI’ launches World Labs with 0M funding at B valuation

artificial intelligence

The company’s focus will be on developing artificial intelligence with 3D perception.

Artificial intelligence startup World Labs announced its official launch on Sept. 13. The firm is reportedly valued at over $1 billion and has raised more than $230 million in funding to build “spatial intelligence” systems.

World Labs was co-founded by Fei-Fei-Li, the former Google Cloud AI boss. Due to her involvement in much of the foundational research behind modern generative artificial intelligence, Fei-Fei-Li is often referred to as the “Godmother of AI.” She’s also the current co-director of the Stanford Institute for Human-Centered Artificial Intelligence.

World Labs describes its primary product as “Large World Models” (LWMs). In a blog post announcing the company’s launch, it pointed out that current generative AI models can only interact with the world through text, audio, and video.

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Spatial Computing Expert: AI Didn’t Contribute to Metaverse’s Decline

September 7, 2024 Bitcoin.com

artificial intelligence

Luis Oscar Ramirez, founder and CEO of Mawari, believes the idea that artificial intelligence (AI) has contributed to the decline in metaverse interest and investment is misguided. Instead, Ramirez said he sees AI as a powerful catalyst for metaverse innovation, enhancing user experiences and making digital interactions more natural, intuitive, and engaging. Metaverse, NFT Decline […]

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