Bitcoin experienced a decline of more than 10% in the previous week due to the surge in the yield of the 10-year inflation-indexed security, marking its highest point since 2009.
The metaverse-focused layer-1 blockchain, dreamed up by science-fiction author Neal Stephenson and blockchain expert Peter Vessenes, is launching the Lamina1 Hub for Web3 builders and creators.
Despite Meta's pivot costing the social media giant billions of dollars, the company's founder and CEO, Mark Zuckerberg, remains steadfast, stating that they are not giving up on the metaverse anytime soon.
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