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Meta’s Metaverse Division Reports 3rd Quarter Loss of Over $3.7B
Meta's Facebook Reality Labs (FRL) division has reported a third-quarter loss of over $3.7 billion, making only $285 million, according to its earnings report…
Eastern Asia’s Crypto Market Growth Halts, China’s Crypto Transaction Volume Drops…
Chainalysis, a US blockchain analysis firm, released a new research study Thursday, showing that Eastern Asia is the fourth-largest cryptocurrency market, receiving…
Metaverse Will Bring About the “Construction of New Economies” – Animoca…
Yat Siu, the Co-Founder and Chief Executive Officer of Animoca Brands has shared his thoughts on what he believes the metaverse is metamorphosing into in the near…
Mythical Games Unveils Mythos Foundation DAO, Mythos Token to Democratize Web3 Gaming
On Wednesday, Mythical Games, a Los Angeles-based video game development company developing games for playable non-fungible tokens, announced the launch of the…
Digital Euro Would Not be Used for Commercial Purposes: Christine Lagarde
Christine Lagarde, the President of the European Central Bank (ECB), has given her word that the proposed Central Bank Digital Currency (CBDC) for the region dubbed…
CoinCorner Partners with Al Maktoum Family Office to Offer BTC Trading in UAE
British Bitcoin (BTC) exchange, CoinCorner has inked a strategic partnership with the Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al…
Compound Treasury Launches Borrowing for Institutions
Compound Treasury, an institutional DeFi yield platform backed by the Compound Finance protocol, announced on Wednesday a launch of a new crypto loan service that…
ETC Group to Launch New ETP Based on Upcoming Ethereum Hard Fork
ETC Group announced on Wednesday that it will launch a new exchange-traded product (ETP) in response to the upcoming Ethereum Merge.
The investment firm said it…
FTX CEO Says Crypto Winter Bailout had ‘Mixed’ Results
Sam Bankman-Fried, the Chief Executive Officer of FTX Derivatives Exchange, has shared his hopes about the company’s bouts of investment in distressed crypto firms.…
Over $100m Worth NFTs Stolen YoY: Elliptic
The theft of digital currencies might have been more publicized in the past year, but Non-Fungible Tokens (NFTs) have also had their fair share of exploits and cash…