Metaverse


Finance

Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3, Expects Losses to Grow in 2023

Meta's revenue for the division came in at $285 million, down from $452 million in the second quarter.

Mark Zuckerberg's Meta Platforms has joined an industry privacy group that includes many blockchain companies. (Christophe Morin/IP3/Getty Images)

Web3

Norway Steps Into the Metaverse With Decentraland Tax Office

The move is part of a greater effort to educate a younger audience about taxes related to DeFi and NFTs, starting with an office in Decentraland.

Virtual shtick aside, the metaverse has its share of bad actors. (Danny Nelson/CoinDesk)

Policy

Start Regulating the Metaverse Now, Researchers Tell French Leaders

A team of researchers commissioned by the French government said leaders should avoid previous mistakes made with the EU’s crypto rules when regulating the metaverse.

Researchers hired by the French government say metaverse regulation should start now. (Thinkhubstudio/Getty Images)

Videos

EU Antitrust Officials Worried About Metaverse Competition

Officials from the European Union’s antitrust authority said metaverse companies could limit users’ choice and raise prices if they grow to dominate the market. CoinDesk Regulatory Reporter Jack Schickler explains why the officials worry that tech giants like Meta could choke metaverse competition.

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Web3

Top Brands in Web3, NFTs and the Metaverse

From Nike to Budweiser to Tiffany, some of the most famous brands in the world are making big bets, and big money, with NFTs and other Web3 projects.

The X Evolutions (RTFKT)

Policy

Build on Blockchain, Stay Away From Gambling With Crypto, Turkey’s Erdoğan Says

Not necessarily known for being friendly to crypto, the president's remarks suggest an openness to at least some aspects of the industry.

Turkey's President Recep Tayyip Erdoğan says his country seeks to build its own metaverse. (Anna Moneymaker/Getty Images)

Web3

The Floor Price for Bored Ape’s Otherdeed NFTs Is Crashing

Volume is up and prices are down as sellers dump them well below 1.65 ETH.

(Bored Ape Yacht Club, modified by CoinDesk)

Policy

Interpol pone en marcha su propio metaverso policial

“Para que podamos entender el metaverso, necesitamos experimentarlo”, dijo un funcionario de Interpol.

Interpol lanza su propio metaverso policial. (Shutterstock)

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Policy

Interpol Starts Its Own Police Metaverse

The international organization of law enforcement has been in the crypto news for its part in trying to track down Do Kwon, co-founder of the Terra network.

Interpol lanza su propio metaverso policial. (Shutterstock)

Finance

State Securities Regulators Move to Shut Down NFT Scam Tied to Metaverse Casino

The action comes as states are increasingly joining forces to tackle crypto crimes.

DEX traders chase downside bets in BTC. (Pixabay)