In this week’s newsletter, read about how a nonfungible token (NFT) artist raised money to support a cancer charity and why payments platform PayPal has filed a patent application for an NFT ...

Metaverse-related non-fungible token sales rose 27% in August from the month prior, suggesting people could be “slowly sneaking back into virtual worlds,” according to an analyst from DappRadar. There ...

Today’s music industry will look as old-fashioned as a cassette tape once the metaverse is able to take full advantage of 5G technology, says one music industry lawyer. Aarash Darroodi, executive vice ...

Salnikov wasted no time addressing what he called a widespread misunderstanding of the metaverse. Moving beyond the common association with game-like visuals and virtual spaces, he described it as an ...

How long was it really going to take until the world’s love of wine broke through into the metaverse? Not long apparently, as Italy-based Cellarverse arrived on the scene last year as the first ...

In total, artworks from thirteen artists will be available for a limited period of time on the Sotheby’s Metaverse secondary-sale marketplace. The initial offerings will be followed by sales of works ...

NFTs are a relatively new concept that burst onto the scene with the metaverse development. NFT stands for non-fungible token. When dealing with economics, fungible assets refer to readily ...

Meta previously cut 11,000 workers, its biggest layoff in company history, in November. With the closure of its NFT sales, Meta intends to “focus on other ways to support creators, people, and ...

Bored Ape Yacht Club founders Wylie Aranow and Greg Solano talk to CNET about how they conquered NFTs -- and what comes next. Daniel Van Boom is an award-winning Senior Writer based in Sydney, ...

Social media giant Meta is reportedly planning to scale back its metaverse spending by up to 30% and redirect the funds into ...