Wollito UAB

BitGo raised by far the most capital this week, though it didn’t reveal who put up the money

Crypto Funding: $158M week for layer-1 blockchains and a metaverse creator

Nine crypto companies raised a collective $158 million in fresh funding this week, with ZetaChain being a top performer among them. The blockchain developer put $27 million on th...

1 year ago

Sichuan, a southwestern Chinese province, once recognized as a thriving crypto mining hub prior to the national ban on mining, is now looking to expand the metaverse industry.

Sichuan Province of China Targets Metaverse Industry Expansion to Reach $34.4 Billion by 2025

Sichuan’s government unveiled an ambitious draft action plan with an aim to cultivate the nascent metaverse industry into a colossal market worth 250 billion yuan ($34....

1 year ago

Mega Dice Telegram Casino App

Mega Dice Telegram Casino App: World’s First Crypto Casino Offering Licensed Gambling Through TG

In a breakthrough for crypto casino adoption, Mega Dice is leading the way by opening the world’s first licensed crypto casino accessible via the Telegram app. The crypto c...

1 year ago

Meta’s latest suite of generative AI tools allows users to input text to create musical and audio compositions, rivaling a similar tool released this year by Google.

Meta launches suite of generative AI music tools rivaling Google’s MusicLM

Meta, the parent company of Facebook and Instagram, launched a suite of generative artificial intelligence (AI) models on Aug. 2 called AudioCraft for music creation from various inputs, ac...

1 year ago

Animoca Brands partners with hi, a Web3 app that features cryptocurrency exchange services, conventional digital banking and customized NFT-styled debit cards.

NFT-styled debit cards the future of Web3 - Animoca founder on $30M hi investment

Animoca Brands co-founder and executive chairman Yat Siu sees significant potential in the personalization of Web3-based services as his firm earmarks $30 million to neobank platform hi. ...

1 year ago

Meanwhile, Meta's metaverse-building business has racked up around $21 billion in losses since the start of 2022.

Meta sinks $3.7B in metaverse money pit as CEO eyes Threads user retention

Meta's metaverse-related losses topped $3.74 billion over the second quarter with the Big Tech player spending $7.7 billion on its virtual reality business so far in 2023. Its seco...

1 year ago

A cryptocurrency project described as being "dystopian" has been launched by AI entrepreneur Sam Altman.

Worldcoin: Sam Altman launches eyeball scanning crypto coin

Worldcoin gives people digital coins in exchange for a scan of their eyeballs. In sites around the world thousands of people queued to gaze into silver orbs on day one of the project&#...

1 year ago

After a lackluster start to July, The Sandbox (SAND) price finally broke above the critical $0.40 resistance this week. Can the bullish investors build momentum to continue the SAND price recovery mission?

Can The Sandbox (SAND) Continue Recovery Mission Despite Metaverse Woes?

Considering critical data points such as hiring rates and Google search results, global interest in the Metaverse and GameFi sectors has declined over the...

1 year ago