Bandai Namco to Invest $130 Million in Building Its Own IP Metaverse
Bandai Namco, a game development and publishing company, has announced its intention of creating its own metaverse to increase the engagement fans have with the brand. The strategy was announced during the reveal of its new mid-term plan, which outlines the roadmap of the company for the next three years. The company expects to spend 15 billion yen ($130 million) on this project.
Intel to Develop Crypto Mining Accelerators, Claims Circuits Will Deliver '1000x Better Performance
The California-based technology company and the world’s largest semiconductor chip manufacturer by revenue, Intel, has revealed the company will “contribute to the development of blockchain technologies” by offering “energy-efficient accelerators.” Intel executive Raja M. Koduri explained that the company expects its circuit innovations will deliver “1000x better performance per watt” than today’s GPU or SHA256-based mining equipment.
Over 5,000 ‘Bitcoiners’ contribute to Canadian truckers as donations approach $1 million
Over 5,000 contributors have raised money for the Canadian truckers protesting COVID-19 restrictions via Bitcoin (BTC) following GoFundMe’s decision not to distribute the remaining $9 million to the Freedom Convoy 2022 campaign.
Luxury Auction House Sotheby's Plans to Auction 104 Cryptopunks Worth an Estimated $20M
On Tuesday, the British-founded American multinational luxury auction company Sotheby’s, headquartered in New York City, announced the auction house is planning to auction a lot of 104 non-fungible token (NFT) Cryptopunks. The lot of 104 NFTs is predicted to fetch around $20 million to $30 million in USD value, according to Sotheby’s.
144.2 Million SHIB Burned, While SHIB Becomes Token with Largest USD Value for Whales
Over the past three days, over 144 million SHIB tokens have been taken out of circulation
McDonald’s Metaverse Moves: 11 Trademark Applications for 'Virtual Restaurant' & Virtual Goods
American fast-food behemoth McDonald’s is the latest major brand to make a move into the metaverse by filing no fewer than twelve trademark applications on February 4, eleven of which make direct references to virtual restaurants, cafes, concerts, and other virtual services, goods, and events.
11 years ago today, Bitcoin reached $1
This day 11 years ago, bitcoin reached parity with the U.S. dollar. Those who were fortunate, or clever, enough to buy bitcoin at $1, and managed to HODL on to it, have made a handsome profit since.
High profile lawyer Tony Buzbee accepts Bitcoin for his $27-million mansion in Houston
Tony Buzbee, the high-profile lawyer and former mayoral candidate, has put his house in Houston for sale and is open to accepting Bitcoin (BTC) as a form of payment, according to the initial listing on the Douglas Elliman Real Estate website.
Tesla Holding Bitcoin Worth $2 Billion-Sees Crypto as Both Investment and Liquid Alternative to Cash
Elon Musk’s electric car company, Tesla, has filed an annual report with the U.S. Securities and Exchange Commission (SEC) showing bitcoin holdings with a fair value of almost $2 billion at the end of December. The company sees crypto as both an investment and liquid alternative to cash.
Global Crypto Adoption Could “Soon Hit a Hyper-Inflection Point”: Wells Fargo Report
Wells Fargo Investment Institute, the research arm of Wells Fargo Wealth and Investment Management, has released a report highlighting the potential of cryptocurrencies as an investment opportunity akin to the early days of the internet.
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