Meta cancels next-gen headset as Reality Labs remains mired in VR

Cryptocurrencies like Bitcoin and Ether are considered to be commodities by the United States Commodity Futures Trading Commission and the Securities and Exchange Commission. 455 Total views 5 Total shares Despite not having a clear regulatory framework on cryptocurrencies, the United States has positioned itself as the “most crypto-ready” nation in the world based on…

Banks in India are collaborating on a new blockchain platform to remove financing hurdles for micro, small and medium size businesses (MSMEs), local daily news outlet Economic Times reported Jan. 28.A total of eleven banks — including second-biggest lender Kotak Mahindra Bank, State Bank of India and ICICI Bank — are already meeting to discuss…

On August 10, the United States Senate voted to pass a $1 trillion bill to revitalize America’s infrastructure. From the standpoint of the crypto community, miners in particular, the Senate’s foray into crypto legislation has been a disaster. Unless the language defining brokers in the bill is clarified, it will singlehandedly thwart the growth of…

In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, the Japanese Liberal Democratic League said that it will formulate a quantum technology innovation strategy by the end of this year, crypto exchange Coincheck’s registered users are steadily increasing, Mt. Gox trustee extends the submission deadline again, and the SBI Holdings president is thinking…

The foundation that oversees and funds developments on the Ethereum network has disclosed its total holdings, which include a sizable fifth in non-crypto assets. 266 Total views 33 Total shares The Ethereum Foundation (EF) has released a report detailing how its $1.6 billion treasury consists mostly of Ether (ETH), but with a surprising 18.8% in…

The Bitcoin community was quick to point out a $150 million penalty paid by Deutsche Bank for serving Jeffrey Epstein. 1229 Total views 14 Total shares Deutsche Bank was recently ordered to pay a $150 million fine for “significant compliance failures” in its relationship with alleged child sex trafficker, Jeffrey Epstein. The Bitcoin community on…

The times they are a-changin'. Jim Cramer, host of the popular CNBC mainstream markets show, Mad Money, described changing mindsets across generations as they relate to wealth storage. "I think that my kids, when they get my inheritance, won't feel comfortable with gold, and will feel comfortable with crypto," Cramer told Morgan Creek Digital co-founder Anthony…

The revenue breakdown discloses a 1842.85% increase in operating income for FTX, from $14 million to $272 million in FY 2020-21. 177 Total views 13 Total shares FTX was among the many crypto exchanges with a front-row seat to witness the crypto hype of 2021, back when Bitcoin (BTC) and other cryptocurrencies hit their all-time…

The lack of recordkeeping of FTX coupled with “an auditor no one’s ever heard of” forces the CFTC to ask questions about the mindset of the institutional investors. 237 Total views 2 Total shares Own this piece of history Collect this article as an NFTAmid ongoing investigations around the defunct crypto exchange FTX, the Commodity…