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Metaverse ETF ‘PUNK’ closing after betting against Meta’s vision

After 15 months and an approximate 30% loss, an exchange-traded fund (ETF) opposing Meta’s perspective on the metaverse is shutting down.Subversive Capital is set to shut down and liquidate its Subversive Metaverse ETF, known by its “PUNK,” ticker, as the company shifts its focus toward artificial intelligence (AI).In January 2022,

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SoftBank Vision Fund Records $32B Loss in Its Fiscal 2022 Year amid Weakening Economy

Vision Fund, SoftBank’s tech investment arm, posted a loss of 4.3 trillion yen for its fiscal year that ended March 31st.  SoftBank sustained a $32 billion record loss for its Vision Fund tech investment arm amid a challenging period for tech stocks. For its fiscal year ending March 31st, the Japanese investment holding company’s

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How Blockchain Pioneers David Rojas and Ashissh Raichura Are Disrupting the Industry With Their Vision and Leadership – Sponsored Bitcoin News

sponsored Blockchain technology has been a significant disruptor in various industries over the past decade, and it’s only expected to continue growing in influence and adoption in the coming years. In particular, David Rojas and Ashissh Raichura have earned a reputation as industry leaders in blockchain and cryptocurrency. Over the past

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European Banking Federation shares its vision of digital euro, wCBDC, bank tokens

The European Banking Federation (EBF) has released a paper detailing its vision for the digital money ecosystem of the future, and the retail digital euro in particular. The carefully worded paper expressed values and concerns about the digital euro from the perspective of commercial banks. The paper, released on March 28,

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NFTs will act as high-end property during boom cycles: Real Vision CEO

Real Vision CEO and co-founder Raoul Pal believes nonfungible tokens (NFTs) will act similar to “high-end property” in the traditional economy, outperforming Ether (ETH) during crypto market boom cycles. In an hour-long YouTube video published on Feb. 20, the former JPMorgan executive offered a run-down of what he felt most

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Musk’s Twitter Payment Vision in Tune With Fiat-Crypto Gateway Alchemy Pay – Sponsored Bitcoin News

sponsored Elon Musk’s Twitter has fallen into revenue difficulties, hoping to find new sources of revenue outside the original $5 billion a year advertising business model. According to a recent Financial Times report, Musk is betting this ambition for revenue growth on the payments business. He has said he wants Twitter

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Elon Musk’s Payments Vision for Twitter Takes Shape, Small Team Tasked to Build Infrastructure – Bitcoin News

Seven months ago, current Twitter owner Elon Musk said, prior to acquiring the social media giant, he would integrate cryptocurrency payments. According to sources, a team is working on the infrastructure for a payment platform, and Twitter is proceeding with regulatory approvals and registrations. Elon Musk’s Plan for Twitter Payment System

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Central Agency for Information Technology (CAIT) Supports the Kuwait Digital Transformation Conference on Driving the Nation towards Digitization in Line with Kuwait’s Vision 2035

Place/Date: Kuwait - October 24th, 2022 at 5:01 pm UTC · 5 min read Contact: Verna, Source: GM Events Photo: GM EventsUnder the sponsorship of the Central Agency for Information Technology (CAIT), the Kuwait Digital Transformation Conference takes place from the 2nd to

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