Reality Labs bleed grows but Zuckerberg vows ‘pivotal year’ for the metaverse
Meta’s metaverse-building Reality Labs operating losses last year rose 10% to $17.7 billion, taking its total losses since 2020 to over $60 billion.
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Price Analysis 8/17: BTC, ETH, XRP, LINK, BCH, LTC, BSV, ADA, EOS, BNB
Investors usually buy large quantities of gold when they do not have faith in fiat currencies and want to protect their purchasing power against debasement. Berkshire Hathaway’s recent purchase of the Canadian gold miner Barrick Gold suggests that Warren Buffet is not confident about the future health of the U.S. and global economy.Morgan Creek Digital…
Minority communities are investing in crypto to escape financial discrimination
Black and LBGTQ Americans are more than twice as likely to invest in crypto than White Americans. 127 Total views 149 Total shares A survey provided to USA Today by Harris Poll has found that Black, Hispanic, and LGBTQ Americans are significantly more likely to own crypto assets.According to surveys of 2,010 and 2,003 U.S…
MakerDAO community proposal to replace MKR governance token
The proposal introduces a new stkMKR token which will act as a bonding asset for MKR staked in governance proposals. 196 Total views 4 Total shares The community behind decentralized stablecoin platform MakerDAO is mulling over a major tokenomics shift that could replace its governance token, MKR.A proposal was made on the MakerDAO forum by…
OKEx to resume withdrawals next week with promises of 100% reserves
OKEx is set to lift its withdrawal freeze first introduced on Oct. 15, claims the exchange cooperated with authorities and no foul play was discovered. 928 Total views 6 Total shares Major cryptocurrency exchange OKEx is finally resuming withdrawals of customer assets after weeks of waiting.The exchange first suspended withdrawals on Oct. 15, a decision…
US lawmakers discuss crypto’s role in sanctions, national security and humanitarian aid
Industry experts and lawmakers who spoke at a hearing of the United States Senate Committee on Banking, Housing, and Urban Affairs clashed on how the country should handle digital assets used for illicit purposes.Speaking remotely in a Thursday hearing on “Understanding the Role of Digital Assets in Illicit Finance,” Michael Chobanian, the founder of Kuna…
High priced $80K Bitcoin options signal pro traders expect more upside
Bitcoin's recent price action and the increasing pace of institutional adoption suggest that traders betting on the June $80,000 Bitcoin call option will be handsomely rewarded. 2760 Total views 10 Total shares Betting on an $80,000 Bitcoin call options for June doesn't seem outrageous given BTC's bullish performance over the past few weeks. This was…
Stakeholders urge Nigeria to adopt compliance-focused crypto regulation
While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.
Bitcoin investors ‘relatively profitable’ even as the bull market takes a pause
A growing number of short-term Bitcoin traders’ positions are held at a small loss, but data shows a healthy market when compared to previous bull cycles.