The Latest Breaking News from metaverse

What happened: Virtual land tokenized as an NFT just sold for $7,816, which is 2.50x the current floor price of 1.6 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

The Central African Republic, the first country in Africa to make Bitcoin legal tender and second in the world after El Salvador, Tuesday announced the building of Sango, a crypto island to attract businesses and global crypto enthusiasts.

You’ve likely heard recently how the metaverse will usher in a new era of digital connectivity, virtual reality (VR) experiences and e-commerce. Tech companies are betting big on it: Microsoft’s massive US$68.7 billion acquisition of game developing giant Activision Blizzard reflected the company’s desire to bolster its position in the…

A slew of celebrity endorsements helped inflate a multi-billion dollar bubble around digital tokens over the past year, but cryptocurrencies are crashing and some fear NFTs could be next. NFTs are tokens linked to digital images, "collectable" items, avatars in games or property and objects in the burgeoning virtual world…

The not-for-profit HomeStart helps strapped families with proceeds from the sale of virtual apartments.

The space agency is collaborating with Epic Games to create a metaverse experience on the Red Planet. 

The LaLiga agreement lets users compete in metaverse challenges and mini-games and collect items for their digital avatar.

The World Health Organization’s newly released report on regulating cross-border alcohol marketing raises the alarm for countries like Australia and New Zealand, given their light touch towards alcohol advertising.

UK parkour champ Robbie Griffith, BMX rider Connor Stitt and break-dancer B-Girl Terra also participate in the virtual games.