$150M Raised By Gaming Startup Improbable – Metaverse Direction
Improbable’s new entity, which seeks to bring large-scale Web3 metaverse universes to life, is valued at $1B by Andreessen and other investors.
19% of Bitcoin Mining Hashrate Is Managed by Publicly Listed Companies
Arcane Research’s findings show that Bitcoin’s hashrate is becoming more public due to the increasing number of publicly traded companies using it. The current data show that the share of Bitcoin’s havehrate owned by publicly listed miners is around 19%, an increase of 3% since January 2021.
UFC Fighters to Get Bonuses Paid In Bitcoin
A partnership with Crypto.com will allow the Ultimate Fighting Championship to pay bonuses in Bitcoin for fighters.
Large Trading App eToro Generates $20 Million NFT Creator Fund
The app will support “emerging creators of NFTs”, and has quietly collected Bored Apes, Crypto Punks, and other data.
Reports Suggest Meta (Facebook) Will Be Creating Tokens For The Metaverse
Although Diem is gone, Meta, the parent company of Facebook, is reportedly looking at other tokens to build a metaverse.
Adidas and Ready Player Me Partner to Launch AI-Generated Avatar Creation Platform
Adidas, a multinational German corporation, announced Tuesday that it is working with Ready Player Me to create a cross-game avatar platform. Ready Player Me and Adidas will collaborate to create an AI-generated avatar platform based on the personality of Ready Player Me. It will feature the Adidas Originals Ozworld shoe collection.
Who Were The Top Crypto Performers As The First Quarter Comes to a Close
The first quarter 2022 is over. However, certain digital currency markets saw a lot of activity in the past three months. Among the top ten digital currencies, terra, (LUNA), saw the greatest gains. It rose more than 43% against the U.S. Dollar in Q1. Unus sed Leo (LEO), which has risen 58% in value over the past three months, was the most popular crypto asset.
Spanish Authorities Warn Social Media Networks to Halt Unregistered Investment Platforms From Advertising
Spanish securities regulator, CNMV, has asked large search engines and social media networks to cease offering advertising services to platforms that aren’t registered to offer financial or investment services. If these companies fail to address the issue, the regulator stated that it would promote regulation.
Japanese Government to Consider Appointing Web3 Minister
A recently published white paper by a Japanese taskforce on non-fungible tokens (NFTs) has requested that the government consider appointing an official minister to oversee all matters related to Web3.
Rebound – $12 Billion of Trading in Q1 for the NFT Market
Volume fell once again last month but OpenSea daily trading volume continues to climb and the market posted a substantial first quarter total.
