“Metaverse” is a work in progress. However, since Mark Zuckerberg declared that his company would be driving the Metaverse and even renamed his company to reflect this new focus, a lot has been written about the Metaverse in general and many companies have shifted their focus to add some level…

The derivatives industry goes far beyond these retail-driven instruments, as institutional clients, mutual funds, market makers and professional traders can benefit from using the instrument‘s hedging capabilities. In April 2020, Renaissance Technologies, a $130 billion hedge fund, received the green light to invest in Bitcoin futures markets using instruments listed…

Pop culture NFTs, blockchain art games, Metaverse NFTs, charity auctions and worldwide NFT art are the year’s central themes. According to a recent report by Cointelegraph Research, the volume of nonfungible tokens (NFTs) sold this year could eclipse $18 billion. From artwork, music and in-game characters to videos and photographs…

It’s becoming more and more evident that the social media model is broken. Successive scandals continue to underline that social media platforms put shareholder profits and advertiser interests above consumer protection and security. You do this in banking you’re threatened with a jail sentence or at minimum a whopping fine…

The South Korean government has moved to block the release of new play-to-earn (P2E) games and requested that existing ones be removed from Google Play and Apple’s App Store. The Games Committee has strengthened its stance against P2E games by saying those games should not receive an age rating needed…

Jesse Powell said the exchange will expand into a marketplace for nonfungible tokens and NFT-backed loans beginning in 2022. Kraken founder and CEO Jesse Powell recently shared in an interview with Bloomberg News that the crypto exchange will launch a nonfungible token (NFT) marketplace that will enable users to borrow…

Blockchain gaming continues to grow and dominate the nonfungible token (NFT) space with a share of roughly 22% of all NFT trading volume in the third quarter of 2021, according to a report released by the Blockchain Gaming Alliance, or BGA for short. The report showed that NFT games accumulated…

Arcade, a platform that allows users to utilize non fungible tokens (NFTs) as loan collateral, has raised $15 million in a Series A funding round with participation from Pantera Capital. Pantera Capital’s Lauren Stephanian said the platform’s collateralization of NFTs could incentivize participation from institutional investors. In a Wednesday announcement…

While the metaverse caught the public attention with the renaming of Facebook earlier this year, the phrase first appeared back in 1996 in Neal Stephenson’s book Snow Crash, in which the science fiction author described an immersive version of the internet that was accessed via virtual reality. We’re still largely…