Texas looks to legalize Bitcoin as a state investment. (Getty Images)

Texas Looks to Legalize Bitcoin as a State Investment

Crypto is still up, but the candles are shorter. Texas looks to legalize Bitcoin as an investment, but the Fed continues to charge crypto companies as unregulated exchanges. Crypto companies continue to handle the market differently, and Yuga Labs is caught in an email breach. Apple’s XR product plan remains messy. News Briefs from MetaMask, the WEF, and more.

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Ryan Reynolds reads a commercial written by ChatGPT for his company Mint Mobile. (Mint Mobile)

Binance to Purchase Voyager plus Ryan Reynolds Reads Ad for Mint Mobile by ChatGPT

This week continued and accelerating green in charts have some calling for the end of Crypto’s Bear Market. Meanwhile, the DOJ looks at a major Solana company as the SEC fails to block a Binance acquisition. As Binance looks to buy up more companies, Coinbase looks to lay off employees. Then, Major Marketers use AI, followed by News Briefs from the XRA, Meta, Pico, and Ryan Reynolds reads ad for Mint Mobile.

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The year in review and why Meta still believes in the future. (Meta)

The Year in Review

Our eye on the charts, the Fed’s movement in crypto and potentially in the XR hardware space. News briefs from the VR Awards, Ori Inbar and the Augmented World Expo, Conquest VR, Yuga Labs, VIVE, Ready Player Me, and Meta. Year-in-review content from Rooom, Virtualwear, Niantic, Meta, Ashley Huffman, and XR news outlet Mixed.

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T-Mobile releases "Game of Phones" trivia contest in the Metaverse. (T-Mobile)

T-Mobile Releases ‘Game of Phones’ and 8th Wall Lists 10 Holiday WebAR Experiences

Our eye on the crypto charts, keeping up with FTX, Visa’s play in crypto, Meta’s projected revenue spend on XR, T-Mobile Releases “Game of Phones” plus a slew of other news including a special holiday roundup from 8th Wall.

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FTX Founder Sam Bankman-Fried Arrested in the Bahamas on fraud charges. (Photo: Eva Marie Uzcategui/Bloomberg via Getty Images)

FTX Founder Sam Bankman-Fried Arrested on Fraud Charges

Our eye on the charts, FTX Founder Sam Bankman-Fried arrested on fraud charges, a peak at XR Safety Week, the premiere of a metaverse documentary, AR performances by The Gorillaz, new virtual fashions on Ready Player Me, NFT trading cards from a former president, and a roundup of XR Gaming news including Niantic, Among Us VR, Gorilla Tag, and Population: One.

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Fifth annual Snap Lens Fest kicked off this week for its global AR community. (Snap)

Fifth Annual Snap Lens Fest and New Launches From Ready Player Me and Blippar

Our eye on crypto charts, continued fallout from the FTX collapse, the U.K. exploring crypto regulation, and news briefs from Lynx, Ready Player Me, the XR Association, Snap Lens Fest, adidas, Blippar, Meta, and the Augmented World Expo.

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Imint and Superhexa team up on next generation AR glasses featuring integrated dual cameras for hands-free capture of live video and still photography. (Imint)

Imint and Superhexa Team up on Next Gen AR Glasses

Our eye on the charts, changes in wallets and exchanges, following the continued FTX fallout, a potential body-tracking breakthrough from Sony (Japan), a discoverability feature comes to beta in VRChat, and Imint and Superhexa team up in next-generation SUPERHEXA Vision AR Glasses.

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Macy’s launches parade metaverse experience with five NFT projects. (Business Wire)

Macy’s Parade Metaverse Experience and Varjo Teams up With Unity and Unreal

Our eye on crypto prices, a look at how institutional investors and crypto natives approach market instability, an innovative company working on “life subtitled,” major software integrations for XR headset maker Varjo, and XR experiences from Hot Wheels, Activision Blizzard and Disney and Macy’s Parade Metaverse experience round out this Thanksgiving week in Web3.

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Tom Brady, Gisele Bündchen and Steph Curry sued following the FTX collapse. (Getty)

Fallout From FTX Collapse and Nike Launches Home for Virtual Creations

This week crypto markets continue to reckon with the fallout of the FTX collapse and the Fed steps in while also exploring a digital dollar. Nike launches a home for virtual creations and continues exploring blockchain and Sony may be as well. Also, a number of fashion companies are teaming up on virtual try-on, and Nreal Air offers support for major gaming consoles.

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