Meta drops 15% on weak outlook and high AI and metaverse spending

Celestia will become an option for data availability within the Polygon CDK software. The Celestia network will integrate with Polygon’s chain development kit (CDK) sometime “early next year,” according to a Dec. 11 announcement. The integration will provide an “easily-pluggable component” for Polygon-based networks to use Celestia for data availability.Celestia block explorer “Celenium.” Source: CeleniumThe

The U.S. Securities and Exchange Commission (SEC) has filed charges against international securities dealer 1pool Ltd., which was offering Bitcoin-funded security-based swaps, according to an SEC announcement published September 27.Per the SEC, the case involves the Marshall Islands-based corporation 1pool Ltd., which provides cryptocurrency-related services and stands behind 1broker.com, and its Austria-based CEO Patrick Brunner.…

Crypto and land are the best assets to protect against currency debasement, advises contrarian investment firm, Horizon Kinetics. 1057 Total views 50 Total shares Contrarian investment firm, Horizon Kinetics, is advising investors to seek exposure to crypto assets amid mounting global economic challenges.Speaking to the Financial Times, Horizon’s co-founder Peter Doyle warned that the coronavirus…

FTX is seeking the cancellation of agreements made days before it collapsed, as well as the return of millions transferred to LayerZero Labs and its affiliates. 177 Total views 4 Total shares Bankrupt crypto exchange FTX has filed a lawsuit against cross-chain protocol LayerZero Labs, seeking to recover $21 million in funds that were allegedly

Over the weekend numerous traders pointed out that Bitcoin (BTC) price broke its parabolic uptrend which had dated back to September. Technical analysts are bracing for a pullback as the dominant cryptocurrency eyes consolidation.Bitcoin could still see a strong recovery after the weekly close if there is a continuation of the rally. But it would need…

Though the FSCA is an agency of the South African government, Binance claimed the country’s Financial Intelligence Centre was the “major regulator” with which it had been working to be in compliance with local laws. 493 Total views 10 Total shares In response to a warning from South Africa’s Financial Sector Conduct Authority, major cryptocurrency…

The IRS proposed the new crypto tax reporting rules in August, and if approved, the new crypto tax regime will come into effect from January 2026. 78 Total views 2 Total shares Coinbase crypto exchange chief legal officer Paul Grewal called on the crypto community to join the movement against the United States Treasury’s proposed

“We’re all kind of watching this and seeing what’s going to happen,” said WisdomTree's Will Peck on spot Bitcoin exchange-traded funds in the United States. 363 Total views 10 Total shares Will Peck, the head of digital assets at exchange-traded fund provider WisdomTree said regulators in the United States will “ultimately get there” on approving…

Analyst Michaël van de Poppe said that the Terra founder deserves jail, comparing Kwon to fraudster Bernie Madoff, who was jailed after running a Ponzi scheme. 234 Total views 31 Total shares Reports that Terra (the new LUNA orLUNA2) founder Do Kwon allegedly withdrew $80 million monthly before the project crashed surfaced Friday, leading members…