Wake – Coin Network News https://coinnetworknews.com If it's coin, it's news. Sun, 10 Mar 2024 21:04:33 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 Bitcoin Whale From 2015 Moves ‘Sleeping Bitcoins’ Worth $163M as Historic Wallets Wake Up https://coinnetworknews.com/bitcoin-whale-from-2015-moves-sleeping-bitcoins-worth-163m-as-historic-wallets-wake-up/ https://coinnetworknews.com/bitcoin-whale-from-2015-moves-sleeping-bitcoins-worth-163m-as-historic-wallets-wake-up/#respond Sun, 10 Mar 2024 21:04:33 +0000 https://coinnetworknews.com/bitcoin-whale-from-2015-moves-sleeping-bitcoins-worth-163m-as-historic-wallets-wake-up/ Bitcoin Whale From 2015 Moves 'Sleeping Bitcoins' Worth $163M as Historic Wallets Wake UpAs bitcoin remains stable above the $69K mark, an entity from 2015 made onchain waves by moving 2,352.62 bitcoins valued at more than $163 million. This individual executed the transfer through 80 distinct transactions, after letting the bitcoins remain untouched for more than eight years. 2015 Bitcoin Cache Comes Alive On March 10, 2024, a […]

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]]> https://coinnetworknews.com/bitcoin-whale-from-2015-moves-sleeping-bitcoins-worth-163m-as-historic-wallets-wake-up/feed/ 0 Epic CEO mocks ‘metaverse is dead’ notion — 600M coming to the ‘wake’ https://coinnetworknews.com/epic-ceo-mocks-metaverse-is-dead-notion-600m-coming-to-the-wake/ https://coinnetworknews.com/epic-ceo-mocks-metaverse-is-dead-notion-600m-coming-to-the-wake/#respond Wed, 10 May 2023 02:34:29 +0000 https://coinnetworknews.com/epic-ceo-mocks-metaverse-is-dead-notion-600m-coming-to-the-wake/

Epic Games CEO Tim Sweeney is just as optimistic about the Metaverse as ever, after poking fun at a recent suggestion that online virtual worlds are “dead.”

The now-billionaire video game entrepreneur — creator of the Unreal Engine and Fortnite — took to Twitter on May 9 to mock a newly published article from Business Insider titled “RIP Metaverse, we hardly knew ye.”

The article by PR firm CEO Ed Zitron suggested the “once-buzzy technology” had “died after being abandoned by the business world.”

The article made particular mention of Meta’s virtual reality (VR) platform Horizon Worlds which Zitron claims has failed to live up to its “grand promise” of becoming the future of the internet.

It also mentions Decentraland and Yuga Labs’ Otherside as examples of Metaverses that have seemingly failed to live up to their hype and claimed investors have turned their attention to the next big tech fad — generative AI.

Excerpt from RIP Metaverse – An obituary for the latest fad to join the tech graveyard. Source: Business Insider

Sweeney however doesn’t appear to agree, suggesting there are 600 million users across virtual world platforms such as Fortnite, Minecraft, Roblox, The Sandbox and VR Chat.

“The metaverse is dead! Let’s organize an online wake so that we 600,000,000 monthly active users in Fortnite, Minecraft, Roblox, PUBG Mobile, Sandbox, and VRChat can mourn its passing together in real-time 3D,” he joked, which was echoed soon after by Sandbox CEO Sebastien Borget.

Related: Meta coughing up big money to developers building its metaverse

In April 2022, Epic Games announced a $2 billion funding round with the aim of accelerating the company’s plans for the Metaverse. The investment included a $1 billion investment from Sony Group and KIRKBI, the holding company behind the LEGO Group.

It came not long after LEGO Group and Epic Games announced they were entering a long-term partnership to build a “family-friendly” Metaverse.

Neither company is yet to reveal what plans entail. However, Lego Group chief executive Niels Christiansen told the Financial Times earlier this year that it is looking to announce more details about the collaboration.

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