Cryptocurrency

February 02, 2024

Meta’s Reality Labs sets quarterly revenue record but lost over $4B

Meta’s Reality Labs division, dedicated to virtual reality (VR) and augmented reality (AR) innovation, reported a significant operating loss of over $4.6 billion in the fourth […]

$900M in vested tokens set to be released in February

The digital asset market is on the cusp of a significant event with nearly $900 million worth of vested tokens scheduled for release in February. Leading […]
February 01, 2024

US lawmakers push back on proposed CFPB rule, citing potential impact on crypto

Key members of the United States House Financial Services Committee and the Subcommittee on Digital Assets, Financial Technology, and Inclusion have called for an extended period […]

Traders pumped and dumped another ‘JUP’ during $700M Jupiter airdrop

A seven-year-old, inactive Ethereum-based protocol experienced a sudden and brief surge in its token value, likely due to confusion with a major airdrop event from a […]

Singapore police recommend hardware wallets against crypto drainers

Singapore’s authorities have issued a critical cybersecurity warning due to an increase in the use of cryptocurrency drainers, also known as wallet drainers. These are being […]

Singapore High Court greenlights DeFiance Capital suit against 3AC

The High Court of Singapore has made a significant ruling in the ongoing legal battle involving the bankrupt crypto hedge fund Three Arrows Capital (3AC) and […]

Celsius exits bankruptcy, commences return of over $3B to creditors

Celsius, a cryptocurrency lending firm, has successfully navigated its way out of Chapter 11 bankruptcy in the United States. The company is now set to redistribute […]

Bitcoin pump prompts ‘emergency’ review of US crypto miner energy use

The United States Department of Energy (DOE) is taking significant steps to monitor the energy consumption of cryptocurrency mining operations. This move comes amid rising concerns […]
January 31, 2024

Jack Dorsey’s Block announces layoffs, citing ‘leaner’ operations

Block Inc., the financial payment processing company co-founded by Jack Dorsey, has recently undergone a substantial reduction in its workforce. As reported by Business Insider on […]

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