Month: January 2023

Metaverse to possibly create $5T in value by 2030: McKinsey report

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While the 2022 bear market grazed off the excitement around the budding crypto sub-ecosystems such as nonfungible tokens (NFTs), the Metaverse remains well-positioned for long-term disruption. Considering the myriad consumer and business-centric use cases the metaverse could cater to, a McKinsey & Company report highlights the technology’s potential to generate up to $5 trillion in value by 2030. For the Metaverse to reach its full potential, the report highlighted the need for four technology enablers — devices (AR/VR, sensors, haptics, and peripherals), interoperability and open standards, facilitating platforms and development…

Web3 Company Animoca Brands Lowers Fundraising Goal to $1 Billion in Q1 2023 – Metaverse Bitcoin News

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Animoca Brands, a Web3 gaming-focused company, has announced it is now targeting a raise of $1 billion for a fund directed to inject help for already established blockchain projects. The number is significantly lower than the $2 billion the company announced back in November as an upper limit for this same fund. Animoca Brands Announces Lower Numbers for Web3 and Metaverse Fund Animoca Brands, one of the most popular Web3 gaming and blockchain companies, has made a new announcement regarding its fundraising goals for Q1 2023. Yat Siu, a co-founder…

Thai SEC Launches ‘Crypto Academy’ to Help Digital Asset Investors – Regulation Bitcoin News

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The Thai Securities and Exchange Commission (SEC) has launched a crypto academy where investors can learn about digital assets free of charge before investing. “The more you know your investments, the less risk you will have,” the Thai regulator emphasized. Thai SEC’s Crypto Academy Launched The Thai Securities and Exchange Commission (SEC) announced Wednesday that it has launched “Crypto Academy” to provide free online resources and courses on digital assets. The initiative aims to equip the public with in-depth knowledge of digital assets and blockchain technology before they invest, the…

Bitcoin Mining & Renewable Energy w/ Will Szamosszegi, CEO of Sazmining | Blockchain Interviews

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ashton Addison speaks with Will Szamosszegi, CEO of Sazmining, on their mining operations, owning your own units hosted at their facility, the renewable energy innovations powering their mining operation, and Bitcoin mining profitability outlook mid to long term Learn more: The interview is available on Reuters Insider/Refinitiv TV: & Investment Pitch Media: 🔔JOIN OUR FREE NEWSLETTER🔔: Bitcoin Trading at ByBit Exchange: 10% off the Best Crypto Portfolio Tracker: Get Buy and Sell Signal Indicators built into your charts!: BINANCE: SECURE YOUR ASSETS:…

Crypto Conglomerate DCG Being Investigated by DOJ, SEC: Report

The prosecutors with the DOJ’s Eastern District of New York office have so far requested interviews and documents from DCG and Genesis, the report said, while the SEC appears to be in a similarly early stage of its own inquiry. The report, which cited people familiar with the matter, said that neither Genesis nor DCG, which is also the parent company to CoinDesk, have so far “been accused of wrongdoing.” Source

Bluechip NFT project Moonbirds signs with Hollywood talent agents UTA

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The NFT-focused company was founded by early-stage Facebook and Twitter investor Kevin Rose, and designer Justin Mezzell in February 2022. The company also has the Proof Collective and Oddities NFT collections in its catalog. Announcing the move via Twitter on Jan. 6, Rose suggested that the goal of the deal is to get the Moonbirds brand known on a “global” mainstream scale, as opposed to just being recognized as a big hitter in the Web3 space. “What does UTA bring to the table? They are 1,400 people strong, with divisions…