Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms

Nexus Mutual is now allowing users to cover their centralized exchange accounts. 3403 Total views 10 Total shares DeFi coverage protocol Nexus Mutual expanded the list of centralized exchanges eligible for incident protection. Users trading on Binance, Kraken, Coinbase and Gemini are now able to buy protection in the event of an exchange hack or…

Saturday, Jan. 12 — most of the top 20 cryptocurrencies are reporting moderate to slight losses, while some are reporting up to double-digit gains. Bitcoin’s (BTC) price is still hovering over $3,650, according to Coin360 data.Market visualization from Coin360At press time, Bitcoin is down under 1 percent on the day, trading at around $3,665. Looking…

The bipartisan bills target government transparency when using AI and the formation of a new Office of Global Competition Analysis to stay on top of innovation. 354 Total views 1 Total shares Lawmakers in the United States have proposed two new bipartisan bills targeting issues of transparency and innovation in artificial intelligence (AI). On June 8,…

Monday, June 17 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) passed the $9,300 mark again.Market visualization courtesy of Coin360Bitcoin is currently up about 2.69% on the day, trading around $9,341 at press time, according to Coin360. Looking at its weekly chart, the…

MicroStrategy completes a $1.01 billion convertible note offering, allocating proceeds for Bitcoin purchases and debt repayment.

Scaling solutions sometimes come at the cost of decentralization. 452 Total views 2 Total shares Most of DeFi's potential scaling options come at the cost of decentralization, according to Kosala Hemachandra, founder and CEO of crypto wallet solution MyEtherWallet. "From a perspective of fully decentralized blockchains, there's no blockchain that has a good enough scaling solution to…

The new studio, SuperLayer, aims to commercialize Web 3 products. It has already received commitments from notable investors, including Marc Andreessen. 1007 Total views 22 Total shares Two blockchain entrepreneurs have launched a new cryptocurrency fund designed to bootstrap promising Web 3 startups, sending a strong signal that venture capital is eyeing the next builders…

The group's policy head doubted a divided Congress can create crypto legislation but said it doesn’t give regulators absolute authority in the interim. 145 Total views 20 Total shares Own this piece of history Collect this article as an NFTDespite attempts to police cryptocurrency through enforcement actions, United States financial regulators “are bound by legal…

The firm's revenue only fell by 14% for the entire year as part of better industry conditions in Q1 and Q2 2022. 310 Total views 4 Total shares Own this piece of history Collect this article as an NFTAccording to a new filing with the U.S. Securities and Exchange Commission on Mar. 7, Canaan, a…