Samsung Participates in Series A Round That Raised $25 Million for a Metaverse Startup
Apr25

Samsung Participates in Series A Round That Raised $25 Million for a Metaverse Startup

A Korean metaverse startup, Doubleme, is said to have raised $25 million in a Series A round that saw the leading South Korean electronics manufacturer Samsung Electronics take part. Capital Raised to Fund Marketing Efforts The South Korean electronics and smartphone maker Samsung is reported to have participated in Series A funding which raised $25 million for a Korea-based metaverse startup, Doubleme. The round was led by Coentry...

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Bank of Russia to Pilot Digital Ruble Settlements in 2023
Apr25

Bank of Russia to Pilot Digital Ruble Settlements in 2023

Russia’s monetary authority intends to conduct the first settlements with the digital ruble next year, its governor announced this week. Speaking to Russian lawmakers, the official highlighted the important role the new currency is going to play for Russia under sanctions. Russia to Trial Digital Ruble in Settlements, International Payments The full launch of the digital ruble, Russia’s central bank digital currency (CBDC), should...

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The Olive Corporation Could Be the Next Big Thing in Crypto, the Metaverse and the Food Sector
Apr25

The Olive Corporation Could Be the Next Big Thing in Crypto, the Metaverse and the Food Sector

Everyone would agree that the metaverse is a novel concept that is only going to become more popular as time goes on. Even now, many international companies from a variety of backgrounds such as Samsung, Emirates Airlines, and even JPMorgan have all gotten involved with the metaverse, so it is safe to say that this idea is not going away anytime soon. As such, the Olive Corporation’s metaverse platform may best be understood as an...

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Coinbase CEO Says Apple’s Crypto Policy Raises ‘Potential Antitrust Issues’
Apr25

Coinbase CEO Says Apple’s Crypto Policy Raises ‘Potential Antitrust Issues’

The CEO of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, says Apple has not played nice with crypto, noting that the tech giant has banned a bunch of crypto features in its App Store. Apple’s anti-crypto policy raises “potential antitrust issues,” said the Coinbase executive. Potential Antitrust Issues Coinbase CEO Brian Armstrong talked about Apple’s crypto policy in an episode of the Superteam podcast, which...

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Skybridge Capital: We Are ‘Extremely Bullish’ on Crypto
Apr25

Skybridge Capital: We Are ‘Extremely Bullish’ on Crypto

Skybridge Capital, a $3.5 billion asset management firm, is “extremely bullish” on the crypto sector, says an executive of the firm. “For us, we think the cryptocurrency markets represent tremendous growth.” ‘The Cryptocurrency Markets Represent Tremendous Growth’ Two executives of Skybridge Capital — founder Anthony Scaramucci and director John Darsie — talked about the firm’s crypto outlook in an interview with Bloomberg ahead of...

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