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November 8, 2022

Why Blockchain Is A Key Technology for The Metaverse?

Why Blockchain Is A Key Technology for The Metaverse?

The metaverse concept has been gaining recognition in recent months, with more people and business organizations paying more attention than ever to its application. However, not many of us would realize the technologies behind the Metaverse. Why understanding Metaverse technologies is essential? The immersive environment of the Metaverse isn’t just for consumer-centric businesses like e-commerce …

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Web3 infrastructure firm ChainSafe raises .75M as attention shifts to GameFi

Web3 infrastructure firm ChainSafe raises $18.75M as attention shifts to GameFi

Canadian Web3 infrastructure company ChainSafe has closed an $18.75 million funding round backed by industry-leading venture firms, putting the company on the way to expand its operations at a time to expand as demand for blockchain infrastructure and gaming services increases. The Round13 Venture Firm Series led a round with additional participation from NGC Ventures, …

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The Metaverse: What Is Tech’s Newest Trend

The Metaverse: What Is Tech’s Newest Trend

The pandemic has been a catalyst for accelerated growth for many companies worldwide. Few companies have been willing to switch to digital working methods. However, with the pandemic, things changed within weeks and companies were forced to switch to digital to continue their business. Businesses have transitioned to the work-from-home model during the pandemic, with …

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Solana-Based Lending App Solend Gets Hacked for .26 Million in ‘Oracle Attack’

Solana-Based Lending App Solend Gets Hacked for $1.26 Million in ‘Oracle Attack’

Solend, the Solana-aligned lending app, lost $1.26 million in an Oracle attack on Wednesday, according to Solend’s official Twitter account. Several affected groups have been disabled, and Solend says it gave the exploit address to crypto exchanges. Solana Defi Application Solend Loses $1.26 Million in Oracle Exploit The crypto community has seen two major hacks …

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GameFi would become the onboarding point for Metaverse: Animoca Brands CEO

GameFi would become the onboarding point for Metaverse: Animoca Brands CEO

The $200 billion gaming industry is fast becoming a significant interaction point between Web2 and Web3. Recently, more and more gambling companies have integrated reward systems based on digital wallets and non-fungible tokens (NFTs) and even launched their own. Metaverse. The growing importance of GameFi in the Web3 economy is leading companies like Animoca Brands …

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Changemakers: Meta’s Angie Gifford shares the social giant’s predictions for the metaverse future

Changemakers: Meta’s Angie Gifford shares the social giant’s predictions for the metaverse future

“Creativity is about building connections, but it’s a new way of making connections these days,” said Angie Gifford. The Cannes Lions Festival of Creativity 2022. And brand leaders should also pay more attention, he says. “For B2B and B2C, we’re seeing big technological improvements that can help you communicate,” he tiptoed at this point, saying, …

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