Meta’s Metaverse Is Still Not Profitable: Reality Labs Unit Registers $2.8 Billion Losses During Q2
Meta, the social media company, has reported that its metaverse division, the Reality Labs Unit,…
Bitcoin News
IMF Warns of Further Crypto Selloffs and More Coins Failing
A director with the International Monetary Fund (IMF) has warned of further selloffs in both…
Goldman Sachs, JPMorgan Predict Euro-Area Recession
Global investment banks Goldman Sachs and JPMorgan have predicted an imminent recession in the euro…
Biggest Movers: UNI, BCH Surge by Over 20%, Hitting Multi-Month Highs
Uniswap was trading over 20% higher in Thursday’s session as the token rose to its…
Celsius Clients Beg Bankruptcy Court to Release Crypto, One Customer Needs Funds to ‘Put Food on the Table’
After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently…
Alphabet, Microsoft and Now Meta Release Disappointing Quarterly Earnings
Meta joined Alphabet and Microsoft in releasing disappointing quarterly financials, following the company’s Q2 earnings…
Foundry Digital Launches Logistics Arm to Advance Standards in the Cryptocurrency Mining Industry
On Thursday, Foundry Digital LLC, the mining company and subsidiary of Digital Currency Group (DCG),…
Sango – The First Digital Monetary System Built on Bitcoin
PRESS RELEASE. Sango, the Central African Republic’s crypto-initiative, has set off a wave of excitement…
Despite the White House Debate, Critics Insist US Officially in a Recession After 2 Consecutive Quarters of Negative GDP Growth
The U.S. economy has declined for the second-straight quarter as the country’s gross domestic product…
UK Law Commission Publishes Proposals to Reform Laws Relating to Digital Assets — Says Reforms Must Not ‘Stifle Development’
According to the Law Commission, the United Kingdom statutory body, digital assets play an increasingly…
Bitcoin, Ethereum Technical Analysis: BTC Surges by $2,000, Climbing Above $23,000 as Fed Hikes Bank Rate
Crypto prices surged in today’s session, as markets continued to react to the Federal Reserve’s…
UK National Crime Agency Seizes $33 Million in Cryptocurrency
The British National Crime Agency (NCA) has revealed that it has seized £26.894 million ($32.75…
Report: Terror Groups Using South African Financial System to Move Funds
Sympathizers of the terror group, the Islamic State (IS) are allegedly using South Africa’s financial…
European Banking Authority Concerned About Hiring Talent to Oversee Crypto Space
Europe’s banking sector regulator is worried it won’t manage to find the specialized personnel needed…
Finder’s Experts See ‘Fairly Bright Future’ for Binance Coin — Predict BNB Reaching $781 by 2025 and $1,814 by 2030
A panel of crypto industry experts “sees a fairly bright future ahead” for Binance coin,…