Market Analysis
META to Freeze Hiring and Cut Costs as Stock Falls 60% YTD
Meta has announced cost cuts and restructuring plans for the first time in 18 years.
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Metaverse
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Metaverse
Metaverse
Solana NFTs with Low Fees Gain Market Share as Ethereum Dominance Falls to 58%
Solana's affordability lowers Ethereum's NFT market share.
Metaverse
Meta Users Can Now Share NFTs Cross-Platform Between Facebook and Instagram
Meta users will now be able to connect their wallets to Facebook and Instagram and cross-share their digital collectibles.
Metaverse
Warner Partners With OpenSea to Expand Music NFT Ecosystem
WMG announced a partnership with Open Sea aimed at helping artists foster their community using NFT collections for personalized storytelling.
Metaverse
GMT Launches “Greedy Machines” NFT Project Backed by Computing Power
Mining firm GMT launched an innovative NFT collection "The Greedy Machines," backed by real computing power.
Metaverse
University in China Launches First Metaverse Major: Report
Nanjing University of Information Science & Technology in China is launching the first metaverse major in the country, according to the local media reports.
Metaverse
Web3 Startup Raises $30M to Build the Metaverse, Backed by Epic Games
Hadean raised $30 million in its Series A funding, led by Europe-based Molten Ventures.
Metaverse
S. Korea Enlists Meta’s Help Amid Reports of Virtual Sexual Harassment
South Korean media regulators met with Meta Platforms' executive to discuss ways to improve user safety in the metaverse amid reports of sexual harassment in virtual…
Metaverse
25 Million APE to be Unlocked for Creators: What it Means for ApeCoin
25 million APE tokens are slated to unlock this weekend, representing 8% of ApeCoin's total circulating supply.
Metaverse
Yuga Labs Aims to Secure $50M With New Mecha Apes NFT Collection
Yuga Labs hopes to raised $50 million from its upcoming Mecha Apes NFT collection later this year, according to a leaked document seen by Protos.
Metaverse
Tencent’s Cloud Unit to Create Virtual Experiences With a Singapore-based Web3 Firm
Tencent Cloud and Web3 firm Strange Universe have teamed up to explore Web3 opportunities and help businesses thrive in the virtual world.
Metaverse
Megadeth Forays into Web3 With “Rattleheads” NFT Collection
Thrash metal band Megadeth launched its own NFT collection 'Rattleheads', marking the latest music figure to join the Web3 space.
Metaverse
NFT Collection Doodles Valued at $704M After Raising $54M in Funding Round
NFT collection Doodles nabbed $54 million in a Series A funding round, taking its valuation to more than $700 million.