Crypto for Dummies

2023-03-02 21:00:38 Huawei to launch metaverse and Web3 Alliance for East Asia

The cloud branch of Chinese technology titan Huawei has entered into a ‘heavyweight’ partnership with multiple blockchain companies on the launch of its metaverse and Web3 Alliance project, which aims to facilitate the speedy adoption. Huawei Cloud announced cooperation with Polygon (MATIC), Deepbrain Chain (DBC), Morpheus Labs (MITX), and BlockChain Solutions, with others to follow in the future, at the 2023 Huawei Cloud Asia Pacific Partnership Leaders Summit in Bali, Indonesia, on February 23, as WeChat reported on February 25. Commenting on the partnership and launch announcement, the CEO of Morpheus Labs, Pei-Han, stressed his company’s involvement in the project as “one of the key partners in Huawei Metaverse – Web3 Alliance.” Открыть/Комментировать

2023-03-02 14:00:43 WEB3 TRADEMARK APPLICATION CONTINUE

Corporations continue to file trademark applications related to web3, crypto, NFT, and the metaverse.

General Motors, Lacoste, and Walmart are among the latest to file NFT trademark applications. Pedigree, Nationwide, Yves Saint-Laurent, and National Geographic have also filed web3-related trademarks in January. Открыть/Комментировать

2023-03-01 14:00:46 An 18-year-old Fornite streamer named Mongraal has decided to sell the Golden Key from Yugalabs' Sewer Pass for 1,000 ETH, or -~$1.6M USD.

Mongraal, who's real name is Kyle Jackson, said the sale was made on OpenSea and royalties will be paid in full.

They key was awarded to the top score of Yuga Labs’ endless runner game Dookey Dash. Открыть/Комментировать

2023-02-28 21:00:44 Apple’s reportedly already working on a more powerful version of its rumored “Reality Pro” headset.

According to Bloomberg’s Mark Gurman, the company is readying a second device equipped with a “more powerful” processor.

Apple’s set to debut its headset at WWDC June, which is rumored to come with next-gen hand-tracking and an external battery. But if you don’t want to spend upwards of $3,000 on the device, Gurman says Apple’s working on a cheaper “Reality One” headset as well. Открыть/Комментировать

2023-02-28 14:00:48 SOLANA NETWORK FREEZES

Solana network has been facing ongoing freeze on transactions and block production, leaving users unable to move their on-chain assets. Validators have attempted to restart the chain, but a first attempt failed due to selecting the wrong restart point, and they now require an 80% supermajority to proceed with a forked restart. Possible causes for the problem include a "fat block" clogging up the chain and a recent network upgrade. Открыть/Комментировать

2023-02-27 21:00:38 COURT HEARING IN THE METAVERSE

During a recent virtual court hearing in Colombia, Meta's metaverse Horizon Workrooms was utilized, allowing participants to join the hearing over VR or video using cartoonish avatars. The hearing lasted for two hours and was broadcasted live on YouTube. Открыть/Комментировать

2023-02-27 14:00:48 Dapper Labs said to lay off 20% more of its full-time employees

Dapper Labs lays off another 20% of staff. Less than four months after parting ways with more than 20% of its employees, Dapper Labs decided to let another 20% of full-time staff go, according to a document obtained by The Block.Gharegozlou also said that the company is in a “strong cash position with no outstanding debt.”

In an email to investors on Dapper Labs’ CEO Roham Gharegozlou announced a “corporate restructure” and the layoffs. “As part of this restructure, we have made the difficult decision to part ways with team members representing 20% of full-time employees," he wrote. The move to let more staff go comes as the NFT market has recently shown some signs of rebounding after a prolonged downturn. Dapper Labs, once celebrated as one of the elite NFT shops around thanks to its early success with NBA Top Shot, at one point achieved a valuation of $7.6 billion. Открыть/Комментировать

2023-02-26 21:00:40 NVIDIA CEO Jensen Huang claimed that Nvidia's GPUs had boosted AI processing performance by a factor of ONE MILLION in the last 10 years – and that it will do it all over again in the next 10 years:

"Moore's Law, in its best days, would have delivered 100x in a decade," Huang explained. “By coming up with new processors, new systems, new interconnects, new frameworks and algorithms and working with data scientists, AI researchers on new models, across that entire span, we've made large language model processing a million times faster."

"Over the course of the next 10 years, I hope through new chips, new interconnects, new systems, new operating systems, new distributed computing algorithms and new AI algorithms and working with developers coming up with new models, I believe we're going to accelerate AI by another million times." Открыть/Комментировать

2023-02-26 14:00:40 PHYSICAL HUB DEDICATED TO NFTS IN PARIS

The President of NFT Factory is endeavoring to construct a gallery-style building in the heart of Paris that will serve as a dedicated space for NFT education and crypto adoption. He shared that "physical art is the best way to touch as many people as possible." Открыть/Комментировать

2023-02-25 21:20:09 BlackRock Issues Metaverse Thematic ETF

BlackRock becomes the latest ETF issuer in the United States to launch a thematic equity fund aimed at companies around the world that are shaping the evolution of the metaverse. The expense ratio of the NYSE Arca-listed iShares Future Metaverse. An Exchange Traded Fund (ETF) is a collection of securities that can be traded on the stock market. It combines the traits of conventional shares and mutual funds because it is a group of securities dispersed across companies, much like a mutual fund, but it can also be traded as a package on the stock market, just like shares. BlackRock’s belief in the metaverse as the next major investment opportunity is supported by society’s growing interest. and music events all being transformed by metaverse technologies. Открыть/Комментировать