Meta burns another $4.5B on metaverse in Q2, preps for AI growth
Meta’s share price popped 7% in after-hours trading following a better-than-expected Q2 earnings call.
Related Posts
Institutional Crypto Wallet Startup Raises $6.5 Million, ‘Eliminates Private Keys’
Curv, a digital asset startup headquartered in the United States, has raised $6.5 million to launch a cloud-based digital asset wallet for financial institutions that does not use private keys, a company press release published on Feb. 26 reveals.According to the statement, the seed round was led by digital asset investment company Digital Currency Group…
Everledger’s Leanne Kemp on How to Enable Marketplaces With Fair Pricing
This interview has been edited and condensed. Leanne Kemp is the founder of blockchain platform Everledger, which tracks high-class assets like diamonds in order to reduce fraud and promote more viable marketplaces. Cointelegraph spoke to Kemp about how the service’s role as a global digital registry can help ensure ethical trade across a variety of…
Coinbase, KuCoin, others join in Turkey crypto license application
As the CMB continues to update the list and companies work to meet regulatory requirements, the Turkish crypto market is poised for significant changes.
Kraken Appoints SAFT Architect Marco Santori as Chief Legal Officer
The U.S. based crypto exchange Kraken has appointed Marco Santori as the company’s new chief legal officer (CLO), according to an announcement shared with Cointelegraph on April 6th.Santori’s background in crypto lawSantori is known for his work in litigating, advising and creating new laws in the crypto industry.Among his professional experience, Kraken’s new CLO worked…
Crypto will be useful but Bitcoin is hard to understand, says SoftBank CEO
Masayoshi Son found Bitcoin to be “distracting his own focus on his own business.” 573 Total views 1 Total shares While the ongoing cryptocurrency bull run is boosting crypto adoption, some billionaire investors still find Bitcoin (BTC) to be something of a distraction. Masayoshi Son, a billionaire technology entrepreneur and CEO of Japanese conglomerate SoftBank, claimed that…
CoinShares and BNC support new high-performance DeFi derivatives exchange
The exchange is hosted on a layer two platform and uses Dai for margin. 1236 Total views 14 Total shares Leverj, a non-custodial derivatives platform based on an Ethereum sidechain, announced on Tuesday their cooperation with leading industry participants to support the launch and marketing of its exchange.The exchange offers perpetual swaps for Bitcoin (BTC)…
Canadian Bitcoin ETF adds 6.9K BTC in one day as GBTC discount hits record low
Bitcoin (BTC) descending to $24,000 has cost its largest institutional investment vehicle more than the average hodler.According to data from on-chain monitoring resource Coinglass on May 13, the Grayscale Bitcoin Trust (GBTC) is now trading at a nearly 31% discount.Grayscale CEO: Investors are "waiting for things to settle down"Amid ongoing market volatility this week, GBTC…
Nine Chilean cargo shipping companies approved to develop joint blockchain platform
It could become the first of its kind blockchain maritime cargo platform in the region 1672 Total views 20 Total shares Chile's National Economic Prosecutor's Office, or FNE, has granted approval to nine national freight maritime cargo companies to establish a joint venture to develop a blockchain platform, the first of its kind in the…