Chinese investment is pouring money into the metaverse
As evidenced by investments, acquisitions, and trademark applications by everyone from the Chinese tech giants, China is serious about the metaverse. “Metaverse” made the list of Beijing Language and Culture University and Yaowen Jiaozi. “Metaverse” made the list of Beijing Language and Culture University and Yaowen Jiaozi Beijing Language and Culture University published its top 10 online […]
Terra’s UST stablecoin becomes the largest decentralized stablecoin and No. 4 stablecoin overall
Terra’s USD stablecoin has overtaken Maker’s equivalent DAI and is now the largest decentralized stablecoin and the No. 4 stablecoin overall. Terra surpasses Maker’s DAI and is the No. 4 stablecoin overall Terra’s UST stablecoin, which is tethered to the US dollar, has surpassed Maker’s DAI. The former currently has a total market capitalization of a little […]
Facebook spends $60 million to buy “Meta” trademarks from a South Dakota bank
Facebook recently paid a South Dakota bank $60 million for the trademark rights to its Meta Financial name, which gives Facebook extra leverage when it comes to stopping competitors from using specific words, phrases, or logos. Facebook paid a South Dakota bank $60 million Social media giant recently paid a South Dakota bank $60 million […]
Instagram is exploring nonfungible tokens (NFT) integration into its platform
Instagram’s chief executive officer, Adam Mosseri, says the platorm is actively exploring NFT integration into its platform and how it can make them more accessible to its growing user base. Instagram’s chief executive officer, Adam Mosseri, says the platform is looking into NFTs and how it can make them more accessible to its growing user base. […]
Polkadot launches its first parachains model
Polkadot announced the introduction of its first parachains, which were created with the belief that the future of Web3 will involve many different types of blockchains working together. Polkadot Introduces its first Parachains Polkadot, an open-source blockchain platform, has announced the introduction of its first parachains (or parallelized chains), which aim to improve interoperability between […]