Microsoft has announced the launch of a metaverse-inspired feature for its Teams app called Mesh. Mesh will allow users to introduce personalized avatars in digital worlds, making meetings more immersive. The platform is being announced on the heels of Facebook’s pivot to becoming a metaverse-dedicated company, changing its name to “Meta.”
Microsoft Embraces the…
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“The metaverse enables us to embed computing into the real world, and to embed the real world into computing. Bringing real presence to any digital space,” said Microsoft CEO Satya Nadella. U.S. tech giant Microsoft is taking the plunge into the Metaverse via updates to its Teams and Xbox gaming console services, along with a…
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The price of bitcoin had crossed the $60K zone at 1:30 a.m. (EST) early Friday morning. The leading crypto asset’s latest price jump has made it so bitcoin’s overall market valuation of $1.119 trillion has surpassed Facebook’s market capitalization. The digital asset is also nearing the entire net worth of all the silver in the…
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Could the migration from Microsoft’s Azure Blockchain to ConsenSys’ Quorum Blockchain Service be good news? Is this where the enterprise blockchain industry is heading? Just as the cryptocurrency sector is constantly changing and evolving, the enterprise blockchain industry has been undergoing its fair share of developments lately. Most recently, enterprise blockchain solutions are shifting from…
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Microsoft is closing its Azure Blockchain Service, giving existing customers just four months to transition to new service providers. Microsoft is turning off its corporate Azure Blockchain Service on September 10 and will not accept any new deployments effective immediately, with no official explanation provided. Large corporate customers who use Azure Blockchain include J.P. Morgan,…
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The exchange has failed to publish relevant accompanying documents along with its recently launched stock tokens. Binance’s attempts to bridge traditional markets with the cryptocurrency space in the form of fractionalized stock tokens has drawn the attention of Germany’s financial regulator. The Federal Financial Supervisory Authority (BaFin) warned on Wednesday that the world’s largest cryptocurrency…
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Total crypto market cap briefly surpassed that of Saudi Aramco. Amid another bullish trend on cryptocurrency markets, total crypto market capitalization has broken a new historical record just unde $2 trillion. The market cap of all cryptocurrencies surpassed $1.9 trillion on March 31, according to data from major crypto monitoring resources like CoinGecko and CoinMarketCap.…
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Microsoft wants to know if gamers would spend crypto at the Xbox online store. Tech giant Microsoft seems to be considering introducing Bitcoin (BTC) payments at its Xbox gaming console online store. According to a March 21 Reddit post on r/XboxSeriesX, Microsoft has put out a survey asking Xbox users about their preferred payment options…
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Tesla’s stock fell 7% following its announcement that it invested $1.5 billion of its cash reserves in the cryptocurrency. Electric car manufacturer Tesla has seen more than $55 billion wiped from its market cap since announcing the purchase of $1.5 billion in Bitcoin four days ago — but Twitter and MasterCard have headed in the…
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The enterprise blockchain space in 2020 looks a lot different from previous years, demonstrating the continuation and a drive to mature and advance. Enterprise blockchain started gaining traction in 2017 shortly after Bitcoin had reached its all-time high of nearly $20,000. Since then, enterprise blockchain has mainly been defined by private blockchain networks used by…
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