Microsoft’s Bold Move with Activision Blizzard
In an unexpected but game-changing move, Microsoft has decided to dive headfirst into the metaverse by acquiring gaming behemoth Activision Blizzard for a whopping $68.7 billion. That’s one way to flex your corporate muscles! The tech titan plans to leverage Activision’s renowned franchises like Call of Duty and World of Warcraft to craft a gaming experience that is not just competitive but inclusive and secure.
“Together we will usher in a new era of gaming that puts players and creators first,” said CEO Satya Nadella.
Coinbase and Mastercard: A Match Made for NFTs
In a move that will surely make NFT collectors do a happy dance, Mastercard has teamed up with Coinbase to allow users to purchase non-fungible tokens right with their credit cards. This partnership means you can now snag your beloved digital collectibles without the hassle of setting up a crypto wallet or worrying about holding onto Ethereum.
- No Crypto Wallet? No Problem!
- Boosting Mainstream Adoption is key!
Intel Steps Up Its Game in Bitcoin Mining
Hold the phone — Intel is unveiling an energy-efficient Bitcoin mining ASIC at the upcoming IEEE International Solid-State Circuits Conference. The aptly named Bonanza Mine is set to reduce power consumption by roughly 15% and could change the mining landscape as we know it. Intel’s entry into this space could be huge, potentially raking in $2.8 billion in just three years!
Animoca Brands Hits a Major Funding Milestone
In funding news that has the crypto world buzzing, Animoca Brands just raised $358 million, propelling its valuation to a jaw-dropping $5 billion. The NFT-focused company aims to protect users’ digital property rights in the metaverse. If digital property rights had a superhero, it would be Animoca!
iTrustCapital: Crypto IRAs on the Rise
Speaking of major financial news, crypto-focused 401(k) provider iTrustCapital raised $125 million in a Series A funding round. This cash infusion will help them to expand product offerings and maybe even put Uncle Sam in a better mood when it comes to taxes. After all, who doesn’t want to invest in Crypto while keeping the taxman at bay?
