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Hong Kong could become the hub for digital assets trading from mainland China
Cryptocurrency companies are rushing to Hong Kong in the hope that the city’s high-profile push to become a hub for digital assets will help them to capture demand from mainland China to buy and sell tokens. Hong Kong is perceived by some companies to be more crypto-friendly than rival Singapore, which cracked down on the…
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Binance is expanding to Georgia
Cryptocurrency exchange Binance continues expanding its global reach by setting up a new blockchain hub in crypto-friendly Georgia. On March 26, Binance announced the opening of its brand-new blockchain hub in Georgia, aiming to promote further adoption of crypto in the country. Referring to the hub as a “Web3 outpost,” Binance intends to attract talent to the…
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Abu Dhabi Department of Health has joined the metaverse
The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the emirate, is the latest to join the rising metaverse sector, with the launch of the Abu Dhabi Life Science Hub in the virtual world. The hub will be home to the department’s virtual headquarters in the metaverse, with the…
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MBC Group partners with Vuz, the immersive social app
MBC Group has partnered with Vuz, an immersive social app that allows users to stream in the metaverse and extended reality, an umbrella term encompassing new technologies such as augmented reality, virtual reality, and mixed reality. Through the partnership, Vuz aims to “bring in the best content to integrate within our immersive social app,” while…
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The metaverse was showcased at the 2023 Mobile World Congress (MWC)
South Korean company SK Telecom’s air taxi mockup was one of the eye-catching demonstrations at the 2023 Mobile World Congress (MWC), the world’s biggest telecom industry trade show. Tech companies and wireless carriers at this week’s expo in Barcelona displayed advancements to connect people and businesses online, increasingly in new virtual reality worlds dubbed the metaverse.…
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Colombia holds its first legal proceedings in the virtual world
Another milestone has been marked for the metaverse after Colombia held its first legal proceedings in the virtual world. On February 15, the administrative court of Magdalena – located in the Caribbean city of Santa Marta, in the north of the country – conducted a court session from the metaverse to hear a case against…
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Aéropostale will launch virtual shopping in the Metaverse
The clothing brand Aéropostale has partnered with MetaversePlus to bring the online shopping and gaming experience to the Metaverse. The first phase, set to launch on March 23, will focus on AeroPax. AeroPax is a collection of one-of-a-kind NFTs, which will build community and give members exclusive perks, including access to limited-edition apparel and VIP promotions. In celebration…
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Al Ula gets a hot air balloon experience in the Metaverse
The Royal Commission for Al Ula’s (RCU) recent debut in the world of the Metaverse invited visitors to discover and explore a to-scale and completely immersive 3D model of Hegra’s Tomb of Lihyan, Son of Kuza – the first UNESCO World Heritage site in the exciting, and globally accessible, digital realm. Now, RCU has gone one…
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Decentraland to host 2nd annual Metaverse Fashion Week next week
Decentraland is hosting its second annual Metaverse Fashion Week (MVFW) next month, bringing in a slate of global brands to showcase their digital wearables, the company said Monday. Set to run from March 28-31 in Decentraland’s Luxury District, home of last year’s MVFW, the event will include Dolce & Gabbana, DKNY and Tommy Hilfiger returning with…
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Crypto could see an opportunity in Europe following the collapse of SVB and Silvergate
After the collapse of Sivergate and SVB, a lot of start-ups and venture capital firms are looking to diversify the banks they deal with. Crypto, however, does not have that option. Within the US there is already a limited number of crypto-friendly banks which has just significantly gone down in the past 2 weeks. [T]he…
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