Tag: big tech

With blockchain technology evolving at an unprecedented rate, you’ll often notice new terms thrown around the internet and social media forums. “Web 3.0” and “metaverse” are two such terms hanging on the tip of every tongue these days. As the world struggles to familiarize itself with the fundamentals of concepts that are still a long […]

March Market OutlookBitcoin has now been in existence for over 13 years. Last year it crossed the $1 trillion threshold in market value.But crypto is...

The former co-head of digital assets said he wanted to assist in the maturation of the crypto market via a new venture

The post Citi Director Leaves To Start Own Crypto Company appeared first on Blockworks.

The technology landscape is currently going through a lot of change. Companies are switching their playbooks as they hope to become more flexible, and many of them are looking to adopt different trends to grow their businesses. One such trend is Web3. A lot of people don’t know what Web3 is, but this is one […]

If “pandemic” was the buzzword of 2020 (and, you know, 2021), then “sanctions” feels…

The post Ankr interview – what the team think of MetaMask & Infura restrictions appeared first on Coin Journal.

The central bank of China has recently issued a report claiming that bitcoin trading in the country has fallen from about 90 percent to ten percent worldwide at the time of writing. China Bitcoin Trading Has Really Fallen Automatically, we feel a huge inclination to shout, “Duh!” at the bank’s representatives. If they are reporting...

The post China Says Its Bitcoin Industry Is Pretty Much Dead appeared first on Live Bitcoin News.

Why webs of trust may be unavoidable even in an optimally decentralized world.

Chinese tech giant Tencent has extended its metaverse push by submitting a patent for virtual concerts,  according to industry data tracker Qichacha. Tencent Wants to Enter Metaverse Chinese internet firm Tencent has applied for a virtual concerts patent with the Chinese National Intellectual Property Administration (CNIPA). The abstract shows that the application method includes ‘in the current object’s song practice interface, the presentation of the concert entrance; based on this entrance, receive the concert creation instructions for the target singer, and then create a song simulation concert room; collect the corresponding singing content of the target singer’s song, and play it through the concert room’ which essentially means that the company wants to create or host virtual concerts in the metaverse realm. On December 31 2021, Tencent hosted China’s first-ever virtual concert in the Metaverse on NYE which saw over 1.1 million fans joining the festival. Ring in 2022 in #TMELAND, China’s first virtual #MusicFestival. Groove to the music on #NYE from your couch while your #avatar meets world-renowned DJs and artists with other partygoers. Dive in via #QQMusic, #WeSing and other Tencent Music apps. Happy #NYE2022 pic.twitter.com/hLrqvjX1Yn — Tencent 腾讯 (@TencentGlobal) December 31, 2021 The company also acquired Los Angeles-based VR concert firm Wave which exploded into popularity after The Weeknd hosted a live virtual concert on TikTok last year which drew in over two million viewers globally and raised $350,000 for the Equal Justice Initiative. China’s Big Tech Files Metaverse Patent Despite Govt’s Rejection Tencent’s patent application comes at a time, the People’s Bank of China (PBoC) took a strong stance against the Metaverse and non-fungible tokens (NFTs) in November, going even ahead to say that it would track them with Anti-Money Laundering (AML) tools. However, according to the Chinese news outlet The Paper, more than a thousand Chinese companies have already submitted over 16,000 metaverse-related trademark applications including tech titans such as Tencent, ByteDance, NetEase, and Baidu filing for related trademarks.

The post Tencent Files Patent to Host Virtual Concerts in Metaverse appeared first on Cryptoknowmics-Crypto News and Media Platform.

Like many, I watched the excellent Michael Jordan documentary, The Last Dance, during one…

The post Russian sanctions a moral dilemma for crypto appeared first on Coin Journal.

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Parler tries to attract crypto users with a new Trump NFT while also looking to broaden its reach as we can see more in today’s latest crypto news. Parler is a “free speech” alternative to Twitter and now it is looking to broaden its reach by getting to new users. Parler tries to attract these […]