Author: Donald Munn
Former CEO of Google, Eric Schmidt said he is opposed to the metaverse, mainly because: “There is still not a clear definition of the concept and how it will affect people’s lives”. Eric Schmidt reveals that he disagrees with the current conception of the metaverse According to Eric Schmidt, we still need to understand clearly what the metaverse is and how it will affect people’s future Indeed, during the Aspen Ideas Festival event held a few days ago in Aspen, Colorado, Schmidt expressed all his skepticism against metaverses and against Facebook, which in October 2021 even changed its name to…
Bungie has decided to sue PayPal to obtain relevant documentation that could win it a lawsuit against AimJunkies involving copyright infringement. Bungie seeks hope in PayPal: parties involved in the lawsuit Bungie seeks help with PayPal documentation to win the case Last summer, the company sued the other party accusing it of copyright and trademark infringement. These are the parties involved: AimJunkies, is a service that offers its users cheats and game strategies to gain strong advantages in some of the most popular video games on the market. Bungie, on the other hand, is a US-based company dedicated to developing…
In the run-up to the launch of the first issue of the comic book Metaborg, which will take place on 7 July at 6:30 AM (EST) on the Nifty Gateway platform, Poseidon DAO on 5 July at 7:30 PM (CET) will host an AMA, The secret of Metaborg, on its Twitter page to bring to the public’s attention the peculiarities of the project, but also to announce exclusive surprise content. Poseidon DAO and the AMA for the new Metaborg comic book by Giovanni Motta The creator Giovanni Motta will also be present at the AMA for the new Metaborg comic…
Lots of news this Monday regarding Non-Fungible-Tokens (NFTs) and the metaverse: ENS domains, Bored Apes setting new records, Wimbledon landing on Roblox, and Nike releasing a new project. Let’s go in order. A record-breaking ENS domain The Ethereum Name Service (ENS) 000.eth domain was sold for as much as 300 ETH, or a whopping $317,850 at the crypto’s value at the time of purchase, marking a new sales record for this type of asset. As reported by The NFT Magazine, the previous record was porn.eth which was sold for 184 ETH only four days ago. 000.eth just sold for 300…
The metaverse boom came at the turn of 2021 and 2022, but few may remember that the history of this industry began many years ago. Here are the most important dates and events of the past 50 years. History of the metaverse: the roadmap The history of the metaverse by @McKinsey pic.twitter.com/SSWdlBjMGi — Blockworks (@Blockworks_) June 27, 2022 As McKinsey & Co. helpfully traces with its roadmap, it starts in 1978 with MUD1, the first real-time multiplayer virtual world, followed in 1982 by Tron, one of the first films to envision a digital reality with the protagonist being a computer…
Celsius, Coinbase, Three Arrows Capital, the CEO of FTX explains that many are secretly insolvent exchanges… After the start of this new bear market and the failure of the Terra-Luna ecosystem, several crypto platforms have been having problems and it is now the turn of Vauld. The collapse of the crypto market is putting Vauld in a crisis The crypto trading, lending & borrowing platform is now in financial difficulty The Singapore-based crypto trading and lending platform (formerly Bank of Hodlers) halted withdrawals yesterday. In a post published this morning, 4 July, the company’s CEO, Darshan Bathija, explained that the…
Bitcoin Analysis Bitcoin’s price closed back above an important inflection point on Monday [$19,891] and concluded its daily session $+78.8. The first chart we’re analyzing for Tuesday is the BTC/USD 1D chart below from otwa2113. BTC’s price is trading between the 0 fibonacci level [$18,903.65] and 0.618 [$27,232.15] at the time of writing. The targets for bullish BTC traders to the upside are 0.618, 1 [$32,380.15], and 1.272 [$36,041.81]. From the bearish perspective, they’re aiming to push BTC’s price below the 0 fib level with a secondary target of $13,740.97. BTC/USD 1D chart: the price is trading between the 0…
Bitcoin Analysis Bitcoin’s price finally closed in green figures again on Sunday after posting seven straight days in red figures. BTC’s price concluded its daily session on Sunday +$78.8. The first chart we’re analyzing for the new week is the BTC/USD 1D chart below from BradMatheny. Traders can see that BTC’s price is trading well below a full retracement at 0 [$30,242.87] and is again trading below the $20k level, at the time of writing. Bullish traders first need to regain the territory above the 2017 all-time high of $19,891 and then reclaim the $20k level before attempting to eclipse…
SPONSORED POST* The use of Bitcoin has recently increased around the world and smartphones are one of the best methods to access this virtual currency. The best way to access and use digital currency is through these gadgets. Ideally, you can find a number of efficient techniques to manage the digital currency significantly with the aid of Android phones. These days, users are everywhere, and they make up a sizable portion of the user base. There are also a lot of startups throughout the world that use bitcoin and blockchain technology, the likes of casinos that use crypto as a…
There has been a real collapse in the average cost of fees on transactions recorded on the Ethereum blockchain in recent days. Big drop for fees on the Ethereum network The gas fees of the Ethereum network are close to historical lows After peaking at over $60 in November, the average daily cost per transaction had already dropped to $6 in March, with an initial 90% reduction. But it has fallen again since then. On 2 July, it fell as low as below $1.7, which is a further -70% from the March lows, meaning that compared to the November highs…