The recently announced collaboration between Google and Magic Leap has sparked excitement in the extended reality (XR) space. Despite both companies facing challenges in the augmented reality (AR) market in the past, this partnership aims to combine their strengths in optics and technology infrastructure. Google’s initial venture with Google Glass received mixed reviews from consumers
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In a recent development, SEC commissioner Hester Peirce put forward an intriguing proposal for a shared digital securities sandbox between the US and the UK on May 29. This proposal aims to expand the existing joint digital securities sandbox (DSS) of the Bank of England and the FCA to include US firms. The idea behind
The collaboration between the Web3 gaming ecosystem XPLA and Com2uS Group has led to the official launch of XPLA Verse, a layer 2 chain, on the Oasys blockchain. This launch marks the inclusion of popular games from Com2uS, such as “Summoners War: Chronicle” and “The Walking Dead: All-Stars,” into the blockchain gaming world. XPLA Verse
Senator Cynthia Lummis has been a key figure in advocating for pro-crypto legislation in the United States. Her efforts to educate fellow senators about digital assets have not gone unnoticed. Lummis has been instrumental in establishing a financial innovation caucus and a framework for managing the crypto sector. Her emphasis on Bitcoin as a store
The recent surge in Ethereum meme coin markets has brought attention to Baby Apu Apustaja (BAPU), with the coin experiencing sensational overnight gains. The current market price for BAPU stands at $0.000000059, representing a significant 24-hour change of +8,522%. The coin’s technical rally has been impressive, hitting a local all-time high at $0.00000007 around 3AM
In the bustling world of NFTs, Magic Eden Marketplace has emerged as a vibrant hub for enthusiasts in 2024. Initially focused on the Solana-based NFT sector, this decentralized marketplace has expanded to support Ethereum NFTs and the latest Bitcoin ordinals. With an impressive user count and reputation for low transaction costs, Magic Eden is the
The European Securities and Markets Authority (ESMA) has recently raised concerns regarding Maximum Extractable Value (MEV) as a form of illegal market abuse in the context of the proposed technical standards for the Markets in Crypto-Assets (MiCA) regulation. Patrick Hansen, a well-known figure in the crypto regulation space, has drawn attention to this issue on
Recently, Coinbase announced the launch of a new initiative called ‘Tech Against Scams’ in partnership with several industry leaders such as Meta, Ripple, Gemini, Kraken, Match Group, and GASO. This initiative aims to combat online fraud and financial schemes, while also focusing on educating and protecting users. The coalition emphasizes that scams are not limited
The cryptocurrency market has been witnessing a concerning trend in recent times, with tokens being launched with high valuations but limited initial circulating supply. This has raised questions about the sustainability of the potential upside for traders following the token generation event (TGE). The latest findings from Binance Research shed light on this trend, revealing
Recently, a Bernstein report has shed light on the potential approval of a spot Ethereum (ETH) exchange-traded fund (ETF) in the United States. This approval could set a precedent for the classification of Solana (SOL) as a commodity. The classification of cryptocurrencies as either securities or commodities carries significant implications for the industry as a