BlackRock, the world’s largest exchange-traded funds (ETFs) provider has moved to launch a metaverse ETF despite the weak market conditions in the crypto space. Dubbed “iShares Future Metaverse Tech and Communications ETF,” the metaverse product will track companies with metaverse exposure, a Thursday filing said. However, Bloomberg reports that
Meta has updated its NFT sharing feature on Facebook and Instagram to allow US-based users to connect their wallets and share their digital collectibles with friends and followers. According to the official announcement on Thursday, users of the social media platforms will be able cross-post their NFTs. Following the official
U.S. record label Warner Music Group has entered a partnership with NFT marketplace OpenSea to create a platform for “select WMG artists to build and extend their fan communities in Web3.” As part of the deal aimed at bolstering fan engagement, artists who are signed under Warner Music Group
While the general NFT market is experiencing dwindling sales volume, collectors have continued to leverage Ethereum’s falling price to snap up good deals in the current bear market. On Wednesday, CryptoPunk #2924 was purchased for nearly $4.5 million, making it the largest single NFT sale in recent months.
The UAE Ministry of Economy has continued to advance its metaverse push with the announcement of a new headquarters located in the metaverse. Minister of Economy, Abdulla bin Touq Al-Marri made the announcement on September 28 at the Dubai Metaverse Assembly, stating that the metaverse office was “not a proof
Coinbase Cloud, the blockchain infrastructure platform created by Coinbase crypto exchange, has teamed up with Chainlink Labs to launch NFT Floor Pricing Feeds. The new product will allow developers to access real-time NFT prices for DeFi applications like NFT indexes and lending markets. NFT Floor Pricing Feeds leverages Coinbase Cloud’
Earlier this week, cryptocurrency and fiat exchange hi announced the launch of the world’s first NFT-customizable avatar. NEWS! Today @hi_com_official launches the world’s first debit card featuring NFT Customization, allowing cardholders to personalize the face of their card with an NFT Avatar. Read more here 👇https:
Two ethical hackers have each received a $100,000 reward for discovering some critical bugs on OpenSea. The duo were individually rewarded for discovering separate critical vulnerabilities in the NFT marketplace in the last ten days. Corben Leo, a security expert and chief marketing officer at security firm Zellic, was
On the heels of South Korea’s big vision of becoming the fifth-largest metaverse market in the world by 2026, many of its cities are now seeking a presence in the virtual world. The industrial city of Changwon is now the latest addition to South Korea’s growing list of
Christie’s is one of the leading auction houses to embrace NFTs early, selling a piece of digital art from Beeple for $69 million in March 2021. Following a series of successful high-priced NFT sales, the 256-year-old fine art auction house is now delving deeper into the Web3 space. On
OpenSea has expanded its list of supported blockchains to include Ethereum layer-2 scaling solution Optimism. The leading NFT marketplace will now display several NFT collections based on Optimism, including popular projects like Apetimism, Bored Town, MotorHeadz, and OptiChads on its platform. The latest addition brings the number of blockchains supported
Months after becoming the laughing stock of the NFT community, the once-hyped Pixelmon project is attempting a comeback. In February 2022, Pixelmon raised $70 million from the sale of around 8,000 NFTs. The team promised to deliver a Pokémon-esque experience, a claim that gave gamers all over Web3 reasons
Months after filing patents for NFT-related products, Walmart may finally be ready to pull the trigger on its metaverse plans. The megastore has tapped on Roblox to premiere two metaverse experiences in the first phase of its metaverse exploration. According to Walmart's marketing chief William White, the two
AC Milan has inked a partnership deal with MonkeyLeague. As part of the deal, the Solana-based Web3 football game will become the Serie A club's new NFT gaming partner. The Italian soccer giants announced the partnership over the weekend, stating that MonkeyLeague will create exclusive club-branded wearables and
Apple’s decision to apply its customary 30% commission on in-app NFT purchases has irked many developers, with some arguing that the move is both unreasonable and not feasible. According to a Friday report by Aidan Ryan at The Information, Apple would now allow NFTs to be bought and sold
Metaverse
Months after patenting the tech for a metaverse-themed park, Walt Disney may be ready to delve fully into the Web3 space. Over the weekend, the company quietly posted a job listing for an experienced corporate attorney who is familiar with emerging technologies such as “NFTs, blockchain, metaverse and decentralized finance.