Crypto Insider

2023-03-04 21:00:38 Metaverse already needs competition scrutiny, says EU antitrust chief

The Metaverse could be next in EU competition regulators' crosshairs, said antitrust chief Margrethe Vestager on Thursday — with concerns about Meta's dominance at the top of the docket. It's already time for us to start asking what healthy competition would look like in the metaverse.

Vestager noted that there is already a political debate about the attention paid to digital markets, with all jurisdictions moving forward at different speeds. "We will not get the same legal framework," she said, adding: "And maybe that is not a bad thing. Because that will allow us to hone our toolkits in the process of mutual learning.". Meta, formerly Facebook, has made an audacious play to grab market share in this emerging tech area, putting billions on the line to develop hardware and software. Открыть/Комментировать

2023-03-04 14:00:39 Binance AI-powered NFT Generator Reaches Minting Cap In 2.5 Hours

Changpeng Zhao (CZ), the CEO of Binance, announced the introduction of a new non-fungible token (NFT) platform infused with artificial intelligence (AI) Wednesday. According to official data, there are currently 9,904 sole owners of the Bicasso AI collection. The AI-focused product is called Bicasso, and according to CZ, the beta version was only available for 10,000 mints yesterday. According to official data, there are currently 9,904 unique holders of Bicasso AI pilot collections. These images are part of a pilot and, therefore, not for resale. According to Binance’s official Twitter, users who missed the 10,000 NFT quota can still register for the full version of the waiting list. CZ said on Twitter yesterday evening that the first pilot of Bicasso has been completed, and 10,000 NFTs were minted within 2.5 hours (reaching the minting limit). Открыть/Комментировать

2023-03-03 21:00:40 Lil Pump Taps Into the ‘Grand Theft Auto’ Metaverse

After dropping his EP Tesla just last week (Feb. 24), 22-year-old rapper Lil Pump is already gearing up for his next project, LP2, by tapping into the metaverse. By way of Grand Theft Auto, the “Gucci Gang” artist created his own virtual world that encompass all facets of Lil Pump, including a strip club called “Pump Playhouse,”.

“We were intentional that we not only use GTA as a launchpad, but to migrate unique easter eggs throughout the experience.”. The Miami-born rapper has made recent headlines for his body transformation, $25,000 porcelain veneers and latest single “Tesla” alongside Smokepurpp, accumulating over a million YouTube views in three days. A collection of Lil Pump’s songs and videos play throughout the metaverse, including his Ty Dolla $ign-assisted “She Know.” Открыть/Комментировать

2023-03-03 14:00:41 Saxx uses its first metaverse store to promote new collection

The Canada-based brand sells products on its website as well as retailers like Nordstrom Rack, Dillard’s, REI and others. Men’s apparel offered in the virtual store include swimwear, long and short sleeve tops, hoodies, polos and of course, underwear. All of the tops feature UPF 50 and can be worn in the water. Virtual experience developer Emperia has been working with other brands to help launch metaverse spaces, most recently helping beauty brand Tatcha. The developer also worked with Bloomingdale’s ahead of New York Fashion Week in September and Lacoste for its own virtual store. Virtual experience developer Emperia has been working with other brands to help launch metaverse spaces, most recently helping beauty brand Tatcha. The developer also worked with Bloomingdale’s ahead of New York Fashion Week in September and Lacoste for its own virtual store. Открыть/Комментировать

2023-03-02 21:00:39 According to a report from The Information, Elon Musk has approached AI researchers in recent weeks about forming a team to develop an alternative to OpenAI’s ChatGPT, which has been described by Elon as “woke.”

To spearhead the effort, Musk has been recruiting Igor Babuschkin, a researcher who recently left Alphabet’s DeepMind AI. Открыть/Комментировать

2023-03-02 14:00:41 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

2023-03-01 21:00:39 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

2023-03-01 14:00:44 Fujitsu and Mitsubishi look to create Japanese 'metaverse economic zone'

A group of large Japanese companies — including Mitsubishi, Fujitsu and banking giant Mizuho — agreed to work together to create a "Metaverse Economic Zone" for the country, with the aim of building open metaverse infrastructure. Companies that signed the agreement will integrate their technologies and services. The new social infrastructure will be used for information dissemination, marketing and workstyle reform for domestic enterprises, the release said. Users will be able to engage in an RPG-like experience as they travel through different realms. The service could also be extended beyond Japan to other jurisdictions and governments. Mizuho will provide infrastructure for "metaverse coins," Mitsubishi will give capacity for "web3-type metaverse financial functions" and Sompo Japan Insurance will work on insurance and risk policy development for the web3 era. Открыть/Комментировать

2023-02-28 21:00:43 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 14:00:47 Largest NFT collectors joined Undeads Metaverse NFT drop

Undeads Metaverse, a highly anticipated AAA Web3 game, has announced that its first public mint event attracted some of the most prominent nonfungible token (NFT) collectors. The whitelisting phase saw a surge in demand for the Legendary and other NFTs. As a reward for early supporters of Undeads Metaverse, the Legendary Box is a unique and extremely limited offering that represents a symbol of honor throughout the game’s lifespan. The Legendary Box includes an exclusive comic book produced by ALT Animation that showcases the history and artwork of the owner’s legendary zombie, available in both digital and physical formats.  the Legendary Box comes with a complete 3D version of the owner’s game character that reflects the NFT artwork. Открыть/Комментировать