Tag: microsoft

Aug 29 2022

Xbox Head Shows More Interest In Metaverse Than Play-To-Earn Games

Aug 29 2022 Published at Bitcoinist.com under tags  mark cuban metaverse microsoft

Play-to-earn games are simply games that offer rewards to players, but Xbox executives are now intrigued by the metaverse. They are entirely dissimilar to the traditional video games most people are familiar with. Every play-to-earn game provides a unique reward to players for the time spent during in-game activity. But traditional gamers don't earn real-world value from their games. Usually, players of such...

Jul 20 2022

Minecraft Won’t Allow In-Game NFTs

Jul 20 2022 Published at Crypto Briefing under tags  microsoft minecraft news nfts

Minecraft said in an announcement today that it will not permit the use of NFTs in its popular voxel sandbox game. Minecraft Rejects NFT Integration Minecraft said that "integrations of...

Minecraft’s Updated Usage Terms: No NFTs Allowed

Jul 20 2022 Published at Bitcoinist.com under tags  microsoft minecraft nft nfts wrldusdt

Minecraft is on the short-list of iconic video games that have truly stood the test of time. The title has endured over a decade of innovation in gaming, and still stands as a highly respected, highly engaged title. This week, the staff at Minecraft released a blog post titled "Minecraft and NFTs," establishing the Microsoft-owned title's stance around NFTs after...

Mar 21 2022

ConsenSys is Driving Institutional Interest in Web 3

ConsenSys is in the limelight in recent times for all the right reasons. The blockchain technology startup firm recently raised $450 million in a funding round. According to ConsenSys, the funding came from top institutional firms like Microsoft, Temasek, and Japan’s Softbank. This is a clear indicator of the growing interest in Web 3.0 by institutional-grade firms. This article covers details of top...

Feb 11 2022

Bitcoin Surpasses Buffet’s Berkshire Hathaway in Terms of Market Cap, Eyes Tesla for Sixth Spot

The price recovery of virtually all assets in the cryptocurrency sector in the first half of February saw Bitcoin reclaim its $715 billion market capitalization figure. With that, the world’s oldest and largest crypto surpassed the market valuation of one of the world’s largest investment companies in the world, Warren Buffet’s Berkshire Hathaway.

Jan 28 2022

Apple Stock Rises as CEO Tim Cook Reveals iPhone Maker is Investing in the Metaverse

Apple is the latest in the long list of companies that have recently hopped on the metaverse train. During the company’s Q1 2022 earning call on Thursday, Apple CEO Tim Cook revealed that the tech giant is pursuing investments in the metaverse sector.

Jan 27 2022

The Sandbox Commits $50 Million to Invest in Metaverse Startups

The rise of blockchain-powered metaverse projects has been one of the major storylines in crypto over the last couple of months. Few projects in the sector have enjoyed as much market success and rapid growth of its userbase as the Ethereum-based virtual multiplayer game The Sandbox. The team behind the highly successful game has now launched a $50 million accelerator program, designed to...

Jan 24 2022

Are You Bullish on Crypto?

While it is true that a week or so of industry news in itself is not a reason to become either bullish or bearish, there are times when you scroll through developments and cannot help but come away...

Jan 19 2022

Microsoft Ramps Up Its Metaverse Plans With $68.7B Acquisition of Activision Blizzard

Tech giant Microsoft has announced it will be buying Activision Blizzard, one of the largest gaming companies and owner of some of the most popular gaming franchises, such as Call of Duty, StarCraft, Tony Hawk’s, World of Warcraft, to name a few.

Microsoft Reveals Metaverse Ambitions With Activision Acquisition

Global software giant Microsoft is the latest big business name to mention the Metaverse with its latest acquisition. The world’s second-largest company by market capitalization, Microsoft, announced that it was acquiring gaming giant Activision Blizzard on January 18. The massive move to buy the largest video games company in Europe and North America is reportedly worth a whopping $68.7 billion. Furthermore, Microsoft has...

Jan 13 2022

Facebook’s Meta is hiring staffs of its rivals to build the metaverse

With Meta’s plan to build the metaverse already in full swing, reports from Wall Street Journal have indicated that the tech company has been poaching employees of rival tech firms like Microsoft and Apple. Meta is poaching staff from Microsoft According to the...

Nov 20 2021

NFTs In A Nutshell: A Weekly Review

Nov 20 2021 Published at Bitcoinist.com under tags  hen mars attacks microsoft nft nfts

NFTs have found another month this year where Google searches hit an all-time high. The Macy's parade will come with a non-fungible friend. And Phil Spencer at Xbox shares his thoughts on NFTs. It's just another week of non-fungible news. Every weekend, we take a quick recap at the past seven days of what's been happening with NFTs. Let's dive in on these...

Nov 17 2021

Nov 09 2021

Microsoft’s Decentralized Identifier ION Running Atop BTC Network Could Make Entering Passwords a Thing of the Past

The process of entering your username and password could soon become a thing of the past, thanks to Microsoft’s ION Decentralized Identifier (DID). The service utilizes blockchain technology to authenticate online identities and runs as a layer 2 solution on the Bitcoin network.

Nov 04 2021

Metaverse Race: As Microsoft Steps Up, Will the Virtual Space Create Real Value?

Nov 04 2021 Published at Blockonomi under tags  facebook meta metaverse microsoft

Big Tech has sparked a huge interest in the concept of that metaverse as leading companies like Facebook, Epic Games plan to invest billions of dollars in research and bring the metaverse into existence. Facebook’s metaverse- oriented ambition is stimulating other big guys to engage in this potential sector. Microsoft is the next one in line. [...] The post Metaverse Race: As Microsoft Steps...

Nov 03 2021

Microsoft is Developing its Own Version of Metaverse

Microsoft, one of the Big Five US information technology giants, is working on a version of a metaverse, which will be focused on corporate use-cases as well as on entertainment features as a part of the Xbox gaming ecosystem.

Oct 18 2021

Crypto market cap hits an all-time high of $2.5 trillion

Oct 18 2021 Published at CryptoSlate under tags  amazon analysis bitcoin btc crypto market cap

The cryptocurrency market has set a new record with an all-time high of $2.6 trillion according to data from CryptoSlate. Crypto market touches new ATH This gives the crypto industry a lead over some of the largest tech giants, such as Apple. Bitcoin is currently hovering over a $1 trillion market cap. As highlighted by the...

Aug 26 2021

Microsoft Gets Patent Approval For Service That Allows Users Create Crypto Tokens

Crypto is, no doubt, going mainstream. There is simply no turning back at this point. The question is whether or not people decide to get on the moving train or get left behind. Microsoft, one of the largest companies in the world, does not desire to get left behind, it seems. Short of owning its own blockchain, Microsoft was...

Microsoft Secures Patent for Ledger-Independent Token Service

The United States Patent and Trademark Office (USPTO) granted the patent to Microsoft Technology Licensing.

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