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Web3 Startup Mysten Labs Seeks $200m in Series B Financing, Closing Valuation at $2B

Web3 Startup Mysten Labs Seeks $200m in Series B Financing, Closing Valuation at $2B

Mysten Labs, a crypto startup founded by former Meta executives, is closing a Series B round that could value the company at $2 billion. Reportedly, the company is seeking at least $200 million in funding.

Meta to Launch Text-Based Content App Supporting Decentralized Social Networking

Meta to Launch Text-Based Content App Supporting Decentralized Social Networking

Meta, the parent company of Facebook and Instagram, is reportedly creating a new text-based content app called P92 that will support ActivityPub, the decentralized social networking protocol used by Mastodon and other decentralized apps. The app will enable users to log in with their existing Instagram credentials, and it will populate users' profiles with their Instagram account details. The app's initial version will include tappable links in posts with previews, user bios, usernames, verification badges, images, and videos that can be shared, as well as followers and likes.

Bitcoin's Market Cap Surpasses Meta's Despite Turbulent Week for Crypto

Bitcoin's Market Cap Surpasses Meta's Despite Turbulent Week for Crypto

Bitcoin's market cap has surpassed that of tech giant Meta, despite a turbulent week for the crypto market following the downfall of Silicon Valley Bank and Signature Bank. Bitcoin's market cap has risen 9.7% in the past 24 hours, sitting at $471.86 billion and ranking it 11th among top assets by market cap.

Meta Opens Up Horizon OS to Third-Party XR Headsets

Meta Opens Up Horizon OS to Third-Party XR Headsets

Meta is collaborating with third-party hardware manufacturers to open up Meta Horizon OS, allowing devices to run the same system, apps, and games. This move aims to create a more open ecosystem, with leading tech companies like ASUS, Lenovo, and Xbox already partnering.

Meta's Virtual Reality Programmers Earn $1 Million

Meta's Virtual Reality Programmers Earn $1 Million

Meta’s virtual reality programmers earn up to $1 million, according to anonymous sources. Despite significant losses in its metaverse-building division, the company's CEO, Mark Zuckerberg, is committed to its long-term vision.

MetaWeek in Dubai to bring together artists, NFT creators, investors, and blockchain Masterminds

MetaWeek in Dubai to bring together artists, NFT creators, investors, and blockchain Masterminds

A week-long event, set for March 7-10, 2022, will cover how paradigm-shifting technologies revolutionize and scale in industries like finance, art, cybersecurity, media and investment.

Alchemy Snaps Up ChainShot as its First Acquisition

Alchemy Snaps Up ChainShot as its First Acquisition

Blockchain infrastructure service provider, Alchemy has announced the acquisition of ChainShot, a crypto education platform to help complement its plethora of crypto-focused offerings.

Metaverse Seen to Bring in Big Investments, Says Morgan Stanley

Metaverse Seen to Bring in Big Investments, Says Morgan Stanley

The metaverse is a booming investment topic, Morgan Stanley said in a research note, and stock sectors are already making the most of it.

Meta Introduces Digital Collectibles NFT Features on Instagram & Facebook

Meta Introduces Digital Collectibles NFT Features on Instagram & Facebook

Meta, the parent company of Facebook and Instagram, announced that everyone on Facebook and Instagram in the US can now connect their wallets and share their digital collectables.

Meta Partners with Digital Brand DressX for New Avatar Store

Meta Partners with Digital Brand DressX for New Avatar Store

Meta said that it is partnering with digital fashion startup DressX for Meta's new Avatar Store to introduce new avatar fashion, expanding its business in Metaverse.

Has the DeFi Bubble Burst? Top DeFi Tokens Crash by 50%

Has the DeFi Bubble Burst? Top DeFi Tokens Crash by 50%

The decentralized finance (DeFi) industry appears to be crashing, with DeFi tokens plummeting and dropping by 50% and more over the past seven days.

Why Bitcoin Doesn’t Feel Like a Bull Market

Why Bitcoin Doesn’t Feel Like a Bull Market

Why does everybody still act like bitcoin is in a bear market?

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