Dubai Is Preparing to Take Its Government to the Metaverse
The Government of Dubai is preparing to make part of its offices available in the metaverse, according to reports. The country is currently seeking third parties to help it arrange…
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Former Google CEO Eric Schmidt Is Skeptical About the Metaverse Concept
Eric Schmidt, who was CEO of Google, has declared that there is confusion about the concept of the metaverse and what it means for people. Schmidt stated that, even with…
Russia to Trial Digital Ruble Settlements for Real Estate Deals
The Central Bank of Russia and participating commercial banks want to test various types of payments with the digital ruble, the Russian press reported. The plan is to experiment with…
Report: 42.9% of Turks View Gold as Best Form of Investment, Only 1.9% Would Invest in Crypto
A new study has found that nearly 43% of Turkish individuals surveyed consider gold to be the best form of investment, while just 1.9% said they would invest in cryptocurrencies.…
In the Economy 3.0, metaverses will create jobs for millions
Metaverse job opportunities will likely exceed our expectations, with many keeping the same job even after the transition to virtual space.
Largest NFT mint ever: Making sense of Yuga Lab’s ‘virtual’ land bonanza
Bored Ape creator Yuga’s Otherdeed launch was the largest NFT mint ever, but are metaverse communities turning into gated communities?
Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto
An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion…
Chainlink set to power Latin American real estate platform
Chainlink is set to automate rental payments to property owners of a Latin American real estate platform, adding a new blockchain use-case for the sector.
Weiss Ratings Report Claims Crypto-Backed Home Loans Spell Trouble
A report published on May 2 by the rating agency Weiss Ratings warns that crypto-backed mortgages “spell risk.” Weiss editor Jon D. Markman said backing a mortgage with crypto is…
ApeCoin slides 40% in three days despite Otherside metaverse land sale — here’s why
APE price could see more downside in the coming days as the Otherside hype cools down.