Adidas is not shying away from deep diving into Web3 exploration as a way to connect and engage with its younger and more tech-savvy customers. The shoes and apparel brand has announced the launch of its ALTS Dynamic NFT collection, as part of expanding its ‘Into The Metaverse’ initiative that was kickstarted in 2021. Adidas … Read more
The Sandbox, a popular metaverse firm, has warned community members of a security breach. As per its most recent blog post, the platform has revealed that an unauthorised third part has managed to bypass its security measures and may have gathered details of its users. The Sandbox community has been warned against interacting with any … Read more
The metaverse, shared virtual worlds accessible via the Internet, is the next digital market to attract regulatory scrutiny, EU antitrust chief Margrethe Vestager said on Thursday. The metaverse has come into sharper focus since Facebook changed its name to Meta Platforms two years ago to reflect its bet on the new sector as the successor to … Read more
Indian-American Neal Mohan, the newly appointed CEO of YouTube is open and rather excited to explore ways in which Web3 can make the streaming experience better on an overall basis. The Google-owned video streaming platform could soon have its nearly 75 billion monthly visitors witness how immersive the metaverse experience could be. Mohan, who had … Read more
Microsoft drew the curtains on its industrial metaverse division as part of the recent layoffs it announced to strategise spendings during the ongoing global recession climate. The hundred staff members who were part of this team have reportedly been fired, putting future plans for this unit on an indefinite hold. This special division was brought … Read more
The metaverse, exploding in its use-cases for immersive digital ecosystems, is also becoming a playground for tech-savvy criminals. The International Criminal Police Organisation (ICPO), also dubbed Interpol, is now concerned that the crimes are on a rise in the metaverse. These crimes include phishing, money laundering, sexual harassment, data theft, and counterfeiting. The Interpol is … Read more