Sony Announces Metaverse Push in Latest Annual Corporate Strategy Meeting
May22

Sony Announces Metaverse Push in Latest Annual Corporate Strategy Meeting

Sony, the global electronics giant, has announced it will take a more focused approach when it comes to metaverse experiences as part of its entertainment strategy. The company that owns the Playstation brand revealed that prior investments in Epic, makers of the Fortnite game, and Bungie, another gaming studio, are part of this new push. Sony to Take Metaverse Seriously Gaming and entertainment brands are now trying to integrate...

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Singapore High Court Injunction Blocks Sale or Transfer of BAYC #2162 NFT
May22

Singapore High Court Injunction Blocks Sale or Transfer of BAYC #2162 NFT

The Singapore High Court has granted a court injunction which stops or blocks the sale of a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) that one man claims was wrongfully taken away from him. NFT Used as Collateral A Singapore man has won a court injunction that blocks the sale or potential transfer of a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) that he claims to be rightfully his. According to a report, the NFT is...

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Report: BRICS Countries Told to Consider Countering the Dollar’s Global Hegemony
May22

Report: BRICS Countries Told to Consider Countering the Dollar’s Global Hegemony

Chinese experts have called on leaders of BRICS (Brazil, Russia, India, China and South Africa) countries to consider countering the dollar, whose global hegemony is thought to be abusive. Still, the experts concede that any attempt to diminish the dollar’s dominance will take time. BRICS Countries’ Dependence on the US-Dominated Global Financial System Chinese experts have urged BRICS countries, namely Brazil, Russia, India, China...

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Bill Gates: Crypto Has No Valuable Output — It’s Not Adding to Society Like Other Investments
May22

Bill Gates: Crypto Has No Valuable Output — It’s Not Adding to Society Like Other Investments

Microsoft co-founder Bill Gates has explained why he does not own any bitcoin or other cryptocurrencies. “I like investing in things that have valuable output,” Gates said, adding that crypto is “not adding to society like other investments.” Bill Gates on Crypto, and Why He Isn’t Investing Microsoft co-founder Bill Gates shared his opinion about bitcoin and cryptocurrencies in a Reddit AMA (Ask Me Anything) session Thursday. One of...

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Rich Dad Poor Dad’s Robert Kiyosaki Thinks Bitcoin Could Bottom Out at $9K — Reveals Why He Remains Bullish
May22

Rich Dad Poor Dad’s Robert Kiyosaki Thinks Bitcoin Could Bottom Out at $9K — Reveals Why He Remains Bullish

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has explained why he is still bullish about bitcoin. He’s waiting for the cryptocurrency to test a new bottom before getting in, which he indicated could be as low as $9K. Kiyosaki Believes the Price of Bitcoin Could Fall to $9K The author of Rich Dad Poor Dad, Robert Kiyosaki, is still bullish about bitcoin. He’s waiting for the price of BTC to test a new...

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Tim Draper Bullish on Bitcoin Due to Its Inflation Hedge Traits
May21

Tim Draper Bullish on Bitcoin Due to Its Inflation Hedge Traits

Tim Draper, an early bitcoin investor, has declared he is still optimistic about the value of the first cryptocurrency even with the downturn its price has taken in the last months. Draper believes that the asset is still valuable as an inflation hedge, and that the market we are navigating right now is “very similar” to the dot-com bubble burst, but with higher inflation. Tim Draper Still Bullish on Bitcoin Tim Draper, the venture...

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