Facebook’s Meta to hire staffs of its competitors to build the metaverse
With Meta’s ambition to establish the metaverse well underway, the Wall Street Journal reports that Meta has started recruiting personnel from Microsoft and Apple. Microsoft employees are being poached by Meta According to the article, Microsoft’s augmented reality unit lost roughly 100 people to Meta , according to a former employee. He went on to […]
Binance founder reveals the best approach to combat rising inflation rates
Changpeng CZ Zhao, the founder of Binance and a crypto millionaire, has recommended crypto as a means to combat inflation. Michael Saylor, a fellow billionaire, stepped in to say that Bitcoin is the ideal inflation hedge. Billionaires propose ways to fight crypto inflation In a tweet, the crypto millionaire said that inflation was an insurmountable […]
Singapore to venture into cryptos, NFTs and Metaverse with caution
One Singaporean Minister says, the government is “closely studying” NFTs and Metaverse, while another official has cautioned the public over crypto investment scams. In a written reply to a question from a parliament member, the Minister for Communications and Information S Iswaran said the government is tapping these “early-stage” technologies’ characteristics and risks. “The Government […]
Jack Dorsey to provide legal defence to BTC devs with new fund
By launching a new fund to offer legal defence for BTC developers, Jack Dorsey continues to work on new bitcoin-related projects. The “Bitcoin Legal Defense Fund,” as he named it, would begin its work by aiding in the Tulip Trading litigation, which is still underway. Jack Dorsey not relentless in his Bitcoin endeavours Dorsey defined […]
eToro announces the launch of smart portfolios for new metaverse investors
eToro’s portfolio includes meta platforms like Decentraland, The Sandbox, and Enjin. On Tuesday, brokerage company eToro launched MetaverseLife , a new smart portfolio comprising equities and crypto-assets from the booming metaverse business. The organization said that its purpose is to provide a wide selection of long-term investments. Meta Platforms, the new parent corporation behind Facebook, […]