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Xbox Boss Phil Spencer Calls Today’s Metaverse a ‘Poorly Built Video Game’

Phil Spencer, CEO of gaming at Microsoft and head of Xbox, directed some criticism at the idea of the metaverse and how it is being executed. Spencer remarked that for him, the current metaverse is a “poorly built video game,” but also that the sector was still in its early stages and will surely evolve. …

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Elon Musk Takes Control of Twitter, Fires CEO and CFO — Says He Buys Twitter ‘to Help Humanity’

Tesla and Spacex CEO Elon Musk has completed the acquisition of Twitter Inc. and reportedly fired the company’s CEO and CFO. “The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square,” he said. “There is currently great danger that social media will splinter …

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Topps Reveals 2022 MLB Postseason NFTs Prior to the World Series

As fans prepare for game one of the World Series between Major League Baseball’s (MLB) Philadelphia Phillies and the Houston Astros, the candy and collectibles firm Topps released the company’s 2022 NOW MLB Postseason non-fungible token (NFT) collection. The MLB Postseason NFT collection is being released in three drops via the Topps NFT marketplace. Topps …

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Egyptian Currency Plunges 15% After Cairo Accedes to Key IMF Exchange Rate Condition

After authorities in Egypt announced the adoption of a more flexible exchange rate regime, the pound exchange rate versus the U.S dollar plunged to 23.09:1, a new low for the currency. Cairo’s apparent devaluation of the Egyptian pound met a key condition set by the International Monetary Fund (IMF) before it eventually approved a $3 …

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LD Capital Founder Jack Yi Gave a Keynote Address at BWB 2022 in South Korea: Opening of a New Era of Web3

PRESS RELEASE. LD Capital was established in 2016. Its main business involves direct investment and trading. It has established LD Capital X Ecological Fund, Web3 Alliance Incubation Accelerator, and Hero Group Secondary Hedging Asset Management. In the future, LD Capital’s investment in the field of Web3 will mainly focus on the Ethereum ecosystem, new public …

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The Competition For Bitcoiners Between Nation-States Is Heating Up

As countries compete to attract well-heeled Bitcoiners, the orange wave appears increasingly seductive. This is an opinion editorial by Nazar Taras, head of content and partnerships PowerInside. You want to pay your taxes in Colorado with bitcoin? No problem. You want to buy a beach property in El Salvador with bitcoin? Come on over. You …

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Bitcoin Is Here To Stay And Bitcoiners Aren’t Going Anywhere

Though some people are denouncing Bitcoin Maximalism, the ethics of Bitcoin are stronger than ever and the number of Bitcoiners is only growing. This is a transcribed excerpt of “Bitcoin Audible” Guy’s Take #59 – “We’re Not Going Anywhere” by Guy Swann, adapted into article form for Bitcoin Magazine. We’re gonna do a “Guy’s Take” …

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