Ethereum’s much-awaited upgrade called the Merge is ready to transition on its final testnet for tech checks between August 4 and August 12. The name of this final testnet is Goerli, Merge developer Tim Beiko informed in a blog post on Thursday, July 28.

In Meta’s Q2 earnings call, its chief Mark Zuckerberg announced that the company’s metaverse-focussed ‘Facebook Reality Labs’ division has reported losses of a whopping $2.81 billion (roughly Rs. 22,410 crore). Despite the financial setback, Zuckerberg has exuded confidence that in the coming years, all the trials and errors that are costing the company billio…

The US Federal Trade Commission on Wednesday filed suit to block Facebook owner Meta from buying the maker of a virtual reality fitness app named Within, claiming that it would weaken competition in the VR fitness app market.

Bitcoin and Ether saw substantial profits on Thursday, July 28, that helped these top two cryptocurrencies to maintain their pumped prices after a long low-spell. Solana, Cardano, and Binance Coin also joined BTC and ETH on the greener-side of the crypto charts. Only a few altcoins like USD Coin and Flex failed to rope-in gains on an otherwise, profitable market openi…

In a first-of-its-kind certification program titled ‘Business in the Metaverse Economy,’ the Wharton School of the University of Pennsylvania will offer business professionals a six-week crash course on topics like VR technologies and blockchain-based worlds.

Cryptocurrency treats regulatory arbitrage as a feature, not a bug. The arbitrage conveys the message that the old regulations need to change. In the post-COVID world, software automatically issues crypto tokens, based on smart contracts that specify conditions for issuance. Standard US regulatory practice typically focuses on regulating host firms and intermediaries,…

DeFi and Degrowth have emerged as alternative utopian narratives to capitalism. However, both lack some basic lessons. While degrowthers ignore the natural urge for status and advancement, DeFiers ignore the natural urge of bad actors to exploit unregulated systems.

The US Securities and Exchange Commission (SEC) is reportedly probing crypto exchange Coinbase on suspicion it allowed US persons to trade unregistered securities and the traditional stock market hasn’t responded well to the news.

KuCoin chief, Johnny Lyu is launching the ‘anti-fud fund’ in order to safeguard the Web3 industry against spreaders of fake news. This anti-fud fund will deliver knowledge around crypto, encourage industry leaders to engage with the crypto community, and initiate legal action against fake news spreaders, Lyu has said in a Twitter post.

Fomo Pay, the online payment major from Singapore has inked a deal with Ripple to enable quick and cost-efficient payments regardless of geographical borders. The US dollar and the Euro are the two fiat currencies that have been chosen by Fomo Pay for Ripple-backed instant oversees transactions. The Singaporean fintech giant has over 10,000 customers who may now get t…