Crypto.com Capital announced Monday that it is expanding its $200 million Web 3 fund, and it has appointed Jon Russell, a former technology journalist based in Bangkok where he wrote for Tech Crunch and The Ken, as an Asia-based limited partner. Crypto.com Capital initially launched the fund in March 2021 with $200 million in capital, […]
Archives for January 2022
Walmart Preparing a Metaverse Push, Trademark Filings Show
Apparently dominating retail competition in the real world isn’t enough for Walmart, which filed seven trademarks at the end of December that signal its plan to make and sell virtual goods in the metaverse as well. According to one of those filings, the big-box retailer also is exploring whether to offer users a cryptocurrency along […]
Derivatives Data Shows Softening Crypto Enthusiasm
Several months ago, investors facing FOMO – the fear of missing out – worried that the ship had sailed when it came to crypto. Now, however, while that ship may have left the harbor, the wind is out of its sails as it floats directionless for the time being. Perhaps it’s because of upcoming Fed […]
Hulu Targets `Streamers of Tomorrow’ as It Seeks Candidates With Metaverse, NFT Backgrounds
Hulu is looking for help breaking into crypto, non-fungible tokens (NFTs) and the metaverse to target “the streamers of tomorrow,” according to a new job posting. The streaming platform is hiring a “culture trend marketing manager” to help the company “break through into other spaces outside of streaming,” with a background in “metaverse and/or crypto […]
Strike App Won’t Support Bitcoin in Argentina
Three days after announcing it was launching services in Argentina, Bitcoin’s Lightning Network-powered app Strike is only supporting Tether’s USDT stablecoin in the country. Argentine users have complained the app will not allow them to buy, sell or hold bitcoin as Strike users in other countries can. The company made no mention of supporting only […]
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