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The objective of setting up special purpose acquisition companies (SPACs) is to raise money through an initial public offering to buy another company. In…
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Disney enters metaverse by patenting its technology for theme parks The world’s largest media and theme park company was recently approved for a virtual…
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Today, we got the chance to chat with Sky Guo, the Co-Founder and CEO at Cypherium. In this interview, we discussed Cypherium’s goals, what…
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Disney enters metaverse by patenting its technology for theme parks The world’s largest media and theme park company was recently approved for a virtual world simulator patent. The technology will help the company to offer headset-free augmented reality attractions at Disney theme parks. The Walt Disney Company has received…
The overall BTC holding of the global private firms surged after February 2021. MicroStrategy, a prominent BI organization, is bullish on BTC with an AUM worth over $6 Billion. BTC holding of private firms increased by 400% in just a year. Source: Bitcoin.com The BTC amount held by private…
NFTs sold on the layer-two protocol Polygon sales jumped 60% to a new record high at just short of 2 million. The NFT user demographic looks to be more aligned to developers and gaming companies than collectibles. The number of unique daily active proof-of-stake chain addresses on the Polygon…
On Thursday night, developer Samuel Dobson revealed that he is stepping down as a Bitcoin Core maintainer after three years because he “can no longer dedicate the time required, as I approach the end of my Ph.D.” as made known in a series of tweets. “I am officially stepping…
Being inflationary encourages people to spend Dogecoin, making it a better transaction currency, said Elon Musk. DOGE price meanwhile is still down 78% from it’s all-time high. Bitcoin, according to Tesla CEO, is more suitable as a store of value and that’s why investors prefer to “HODL” it. Tesla’s…
Six major crypto company executives went to the US congress for a landmark hearing. Call for tailor-made regulations was made while harsh regulations were cautioned against so as not to drive away innovation. The hearing has the crypto market optimistic and “overwhelmingly positive.” This week, the House Committee on…
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