Editorial

Is there even a coherent definition of “the metaverse” yet? It feels like it’s still in the stage of being a brand name that anyone can claim to describe their thing if the thing feels “meta” or virtual enough or whatever. More

HTC is all set to launch a new metaverse-focused smartphone under its ‘Viverse’ brand on June 28. As per the poster shared by HTC, the upcoming device may integrate its open source metaverse platform called Viveverse. More

MG Motor said it aims to make the same experience available with virtual reality headsets in the future. The virtual MG Car Club is a digital twin of the real MG Car Club, where members will be able to connect with each other and access member-only events and concerts digitally. More

“We are taking this action today to put Celsius in a better position to honor, over time, its withdrawal obligations,” wrote Celsius, which counts stablecoin-issuer Tether International, growth equity fund WestCap Group and Canadian pension fund Caisse de Dépôt et Placement du Québec among its investors. Celsius has also grappled with high sell-offs in recent months. More

Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. Bitcoin looks poised to crash to $20K and ethereum to $1K … Don’t buy this dip. You’ll lose a lot more money. The need to sell bitcoin to pay the bills will only get worse as the recession […] More

Nobel Prize-winning economist Paul Krugman has compared the current state of cryptocurrency to the housing bubble and the subprime mortgage crisis. It just didn’t seem plausible that markets, and the conventional wisdom saying that markets were OK, could be that wrong. But they were. More

A presentation made public along with the announcement explores the different components of the proposed platform. The Block subsidiary’s alternative ditches Web 3’s blockchain-centric model and places bitcoin at the forefront. But there is no official release date, as yet. More

The theft was a real debacle for Green, who had been developing an animated series called White House Tavern featuring characters from his NFT collection – most notably Bored Ape #8398. The Bored Ape is now housed in a solitary wallet and Mr Cheese – who became something of a crypto antihero for unwittingly purchasing […] More

Value investor Mohnish Pabrai shared his thoughts on the current state of the cryptocurrency industry in a recent interview with CNBC, claiming that the worst is yet to come for digital assets despite a significant correction. This is not the first time that the disciple of billionaire Warren Buffett has criticized cryptocurrencies. More

Russians have yet again baffled the world, this time with their stance on crypto. Over the past few months, crypto investors have seen Russian central bankers, politicians and authorities going back and forth on their stance on cryptocurrencies and they have yet again stumped us. More

According to Coinmarketcap.com, its dominance in the crypto market is currently at 46.44 per cent, down by 0.09 per cent in the last 24 hours. According to Coinmarketcap.com, the global crypto market cap was at $1.25 trillion, an increase of 0.13 per cent in the last 24 hours, while the total crypto market volume was […] More

Edge to launch confidential no KYC crypto Mastercard. Edge launches the first confidential Mastercard with no KYC verification requirements via which users can transact in crypto. More