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Metaverse losses top $3.6B for Meta with spending set to increase
27.10.2022
The tech giant is just over $500 million away from topping its more than $10 billion Metaverse department losses in 2021, but it said its spending will only grow next year
Economist Peter Schiff Warns the US Dollar Will Crash — Says ‘We’re Going to Default’
27.10.2022
Economist Peter Schiff has warned that the U.S. dollar will crash. Noting that the U.S. is “in a much bigger fiscal mess than Great Britain,” with a much bigger debt problem, Schiff stressed: “Can we possibly repay this debt? Of course not. Repaying the debt is impossible....
JPMorgan CEO Jamie Dimon: US-China Tensions, Russia-Ukraine War ‘Far More Concerning’ Than Recession
27.10.2022
JPMorgan Chase CEO Jamie Dimon says the tensions between the U.S. and China and the Russia-Ukraine war are “far more concerning than whether there’s a mild or slightly severe recession.” He stressed: “I would worry much more about the geopolitics in the world today.”...
First Mover Asia: Crypto Traders Are Betting on World Cup-Themed Tokens. What’s Driving the Interest?
27.10.2022
Some of the tokens have soared in recent days, although they are not licensed or have an affiliation with World Cup teams. An analyst says they “have little to no intrinsic value.”
Dogecoin Soars as Elon Musk's Twitter Deal Nears Completion
27.10.2022
The billionaire entrepreneur is supposed to close his purchase of the social media platform on Friday
Fed Governor Waller Skeptical of Central Bank Digital Currencies — Says He’s ‘Not a Big Fan’ of the Fed Issuing Digital Dollar
27.10.2022
Federal Reserve Governor Christopher Waller says he is not a big fan of the Fed issuing a central bank digital currency (CBDC). “It’s just a checking account at the Fed,” said the governor. Federal Reserve Chairman Jerome Powell recently said that the central bank has not decided...
Blockchain.com May Raise Money at Significant Discount to Previous Valuation: Bloomberg
26.10.2022
Billionaire Quant Trader Donates a Record $1.9M of Bitcoin to a Super PAC
26.10.2022
Jeffrey Yass, founder of Susquehanna International Group, gave 100 bitcoin worth more than $1.9 million to a crypto-supporting super PAC
Market Wrap: Bitcoin Continues Its Upturn, Rests Comfortably Over $20.7K
26.10.2022
Ether also soars for a second consecutive day and is trading well over $1.5K. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3, Expects Losses to Grow in 2023
26.10.2022
Meta's revenues for the division came in at $285 million, down from $452 million in the second quarter
Norway Steps Into the Metaverse With Decentraland Tax Office
26.10.2022
The move is part of a greater effort to educate a younger audience about taxes related to DeFi and NFTs – starting with an office in the metaverse
Aspen Creek Digital and Compass Mining to Host Thousands of Bitcoin Mining Rigs at Texas Solar Farm
26.10.2022
On October 26, the bitcoin mining operator Aspen Creek Digital Corporation (ACDC) announced that the company has commenced operations at its solar farm-powered high performance computing center (HPCC) in Texas. ACDC further detailed that the company inked a deal with the firm Compass Mining...
What a Web3 Hackathon Teaches Us About Diversity in Crypto
26.10.2022
CRADL’s Katherine Paseman helped organize a new type of crypto bootcamp, helping founders address social, environmental and justice issues around the world
DeFi Must Be Defended
26.10.2022
Reddit NFT trading volume hits all-time high: Nifty Newsletter Oct. 19–25, 2022
26.10.2022
Apple published rules for NFT for the first time which included a 30% NFT “tax” and geo-limit exchanges
Los rollups de layer 2 de Ethereum reducen los costos, pero se subestiman sus riesgos
26.10.2022
Las redes oficiales de rollups de Ethereum actualmente no pueden decir que “toman prestada” la seguridad de la blockchain
Midwits, Wassies and HODLers: The Memes That Define Crypto Trading
26.10.2022
Tamadoge New Common NFT Drop Goes Live - Biggest NFT Drop 2022?
26.10.2022
Another collection of NFTs, dubbed Common NFTs, was just released by Tamadoge. OpenSea, a leading NFT marketplace, hosts the digital collectible.
According to a recent tweet, the new NFT launch would comprise 20,000 Common Tamadoge NFTs, which would help players to interact in the forthcoming...
Crypto Echoes Risks of 2008 Financial Crisis, Says US CFTC Commissioner
26.10.2022
Though the crypto industry is a sliver of the overall U.S. financial system, the “growing interest by traditional finance” firms should put regulators on notice of dangerous risks to come, said Christy Goldsmith Romero, a commissioner with the U.S. Commodity Futures Trading Commission
Crypto Payments Firm Bitpay Adds MATIC Support, Panini America to Accept Polygon Payments
26.10.2022
Bitcoin and crypto payment services provider Bitpay has announced that the company now supports the Polygon (MATIC) network. According to the firm, Bitpay app users will be able to store, trade, and spend MATIC later this week, and the collectibles company Panini America will be Bitpay’s first...