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Facebook Has Lost $1 Billion Every Month On VR Since June 2022


Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that since June 2022, the metaverse-focused division has lost a billion dollars per month, and Meta expects...

Fidelity Bitcoin ETF Records First Daily Net Outflows Since January Listing


The Fidelity Wise Origin Bitcoin (FBTC), a key player in the spot Bitcoin exchange-traded fund market, experienced a noteworthy outflow of nearly $23 million, marking a significant event in the cryptocurrency market. The post Fidelity Bitcoin ETF Records First Daily Net Outflows Since January...

Runes account for 68% of Bitcoin transactions since launch


In a revelation that has sent shockwaves through the cryptocurrency community, Runes, a revolutionary protocol introduced to the Bitcoin network, has emerged as the driving force behind a staggering 68% of all Bitcoin transactions since its launch. This unprecedented adoption rate underscores...

Runes Make Up 68% of All Bitcoin Transactions Since the Halving


Runes have contributed to up to 68% of Bitcoin transactions since the halving, however, the fees earned by Bitcoin miners have started to dwindle. The post Runes Make Up 68% of All Bitcoin Transactions Since the Halving appeared first on Cryptonews

Post ​​Bitcoin Halving Miners See Temporarily Higher Fees: CryptoQuant


Since the fourth Bitcoin halving took place resulting in Bitcoin issuance dropping from 900 to 450 per day miners have seen daily revenue hit a record high of over $100 million, said CryptoQuant the on-chain data analytics firm based in South Korea. The post Post ​​Bitcoin Halving Miners...

FBI, Europol Say Akira Ransomware Has Drained $42M from 250 Firms


Akira, a ransomware group, has drained $42 million from 250 firms since March 2023, said the Federal Bureau of Investigation (FBI), Europol, CISA, Europol’s European Cybercrime Centre (EC3), and the Netherlands’ National Cyber Security Centre (NCSC-NL) in a joint statement. The post FBI, Europol...

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