Metaverse to possibly create $5T in value by 2030: McKinsey report
The success of Metaverse will rely on a greater focus on maximizing the human experience aimed at delivering positive experiences for consumers, end-users, and citizens.
Bluechip NFT project Moonbirds signs with Hollywood talent agents UTA
PROOF Co-founder Kevin Rose announced the deal via Twitter on Jan. 6, noting that the aim is to get the Moonbirds brand recognized on a global scale and not just in the Web3 space.
Mastercard partners with Polygon to launch Web3 musician accelerator program
The program will help five emerging artists set up and manage their brands in the Web3 space, and is also aimed at educating people in the music scene on what avenues Web3 tech can offer them.
FTX collapse may boost 'further trust' in crypto ecosystem — Nomura exec
Jez Mohideen, co-founder and CEO at Laser Digital, argued that traditional financial companies entering the crypto space will help to regulate the industry.
Macroeconomic data points toward intensifying pain for crypto investors in 2023
Chances of a crypto bull market in 2023 decrease as the Fed maintains a hawkish stance and threats of a recession in the U.S. economy continue to appear.
December DeFi exploits were the lowest in 2022: Finance Redefined
The DeFi market didn't see much change in its first week of new year compared to the last week of 2022 as the price momentum remained in a similar zone.
A rally in equities markets is providing support to BTC and altcoins, but bulls will likely struggle in keeping the momentum needed to turn overhead resistance levels to support.
Sam Bankman-Fried’s lawyers claim he needs Robinhood shares ‘to pay for his criminal defense’
The legal team confirmed the U.S. Departure of Justice was in the process of seizing the Robinhood shares but said SBF was “compelled to reply” given other claims.
Fidelity has downsized the value of its investment in Twitter by more than half its initial stake in Elon Musk’s takeover of the social media platform.
Industry seeks solutions for NFT image-hosting disasters
NFT project executive Alex Altgausen said that if NFT projects are trying to disrupt traditional industries, they should explore storage technologies available in Web3.
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