FINRA Warns Member Firms of Metaverse Adoption Challenges

October 27, 2024 Bitcoin.com

bitcoin.com

The 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 […]

Market Cap of Top Five Stablecoins Surges to New All-Time High of 4,700,000,000, According to Analyst

Market Cap of Top Five Stablecoins Surges to New All-Time High of $204,700,000,000, According to Analyst

FINRA says rules still apply in the metaverse

October 25, 2024 Coin Telegraph

Coin Telegraph

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

Market Cap of Top Five Stablecoins Surges to New All-Time High of $204,700,000,000, According to Analyst

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 […]

Market Cap of Top Five Stablecoins Surges to New All-Time High of $204,700,000,000, According to Analyst

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.

Market Cap of Top Five Stablecoins Surges to New All-Time High of $204,700,000,000, According to Analyst

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 […]

Market Cap of Top Five Stablecoins Surges to New All-Time High of $204,700,000,000, According to Analyst

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.

Market Cap of Top Five Stablecoins Surges to New All-Time High of $204,700,000,000, According to Analyst

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.

Market Cap of Top Five Stablecoins Surges to New All-Time High of $204,700,000,000, According to Analyst

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 […]

Market Cap of Top Five Stablecoins Surges to New All-Time High of $204,700,000,000, According to Analyst

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 […]

Market Cap of Top Five Stablecoins Surges to New All-Time High of $204,700,000,000, According to Analyst

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 […]

Metaverse

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