On Friday, PayPal Holdings Inc. publicly announced its plans to roll out its own stablecoin as stated in a Bloomberg news article. According to the publication, the financial payment giant confirmed that it is in fact working toward launching a private stablecoin that will be backed by the U.S. dollar.Continue Reading
In the metaverse, a person can choose who they are, where they live, who they interact with, what they wear, what their hobbies are, and can even attend events, visit cultural objects, and, in short, do everything everyone is already doing in real life. In the metaverse, they can beContinue Reading
Bitcoin miners made more than $15 billion in revenue over the course of 2021, according to The Block Research. The estimate represents a year-over-year increase of 206%, per The Block Research’s 2022 Digital Asset Outlook Report. It should be noted that the estimate is premised on the notion that mining companies sell theirContinue Reading
Cryptocurrencies are a relatively new invention. In the past few years, they have gained tremendous traction thanks to mainstream popularity. It has also revolutionized numerous industries, especially the banking sector. Many fintech companies are based on blockchain and cryptocurrencies. For instance, crypto is now used for payment and cross-border remittances,Continue Reading
Consumers are increasingly engaging on video chats and thinking to themselves if “it could have been much easier as a phone call”? Especially when that video call involved a few people that have no idea how to use a computer, let alone connect to a video. Add in new complicationsContinue Reading
According to the latest crypto crime report from blockchain analytics company Chainalysis, illegal cryptocurrency activity hit a new all-time high in 2021, with illicit addresses receiving $14 billion worth of programmable funds during the year. That’s up from $7.8 billion in 2020 – marking a significant 66% increase. While theContinue Reading
Konami is a big player in the gaming industry. The Japanese company has published some truly genre defining games, including Silent Hill, Metal Gear Solid, Contra, Pro Evolution Soccer, Bomberman, Gradius, Yu-Gi-Oh! the Card Game, and even some installments of the X-Men series. Management of the company previously expressedContinue Reading
Despite being sued by Miramax due to the announcement of his latest NFT collection, Quentin Tarantino has announced the sale of new, never before seen Pulp Fiction NFTs. The auction is set to take place in January, with registration opening on the 10th. “I have the entire Pulp Fiction script writtenContinue Reading
SPACE, the commerce level of the metaverse virtual world, has unveiled a team of new hires to forge the next round of SPACE’s growth and development. The new hires are joining a team that’s attracted 15,000+ users, in less than 8 weeks, to their commerce metaverse. The team, assembled fromContinue Reading
Overwolf, the all-in-one platform that enables creators to build, distribute, and monetize in-game apps and mods, today announced an investment in SYN CITY, the first-of-its-kind “mafia metaverse” game built for the blockchain. As part of the deal, Overwolf and SYN CITY will explore new user-generated content (UGC) opportunities in theContinue Reading
