Meta drops 15% on weak outlook and high AI and metaverse spending

Moscow and three other Russian regions will legally pilot the use of cryptocurrencies and blockchain technology, local media outlet Izvestia reports on April 24.The Russian Ministry of Economic Development is reportedly planning to test now-unregulated emerging technologies such as blockchain and crypto, as well as augmented and virtual reality, quantum tech, artificial intelligence and robotics.As…

Authorities in South Africa are warning investors to be wary of scams amid the current crypto bull market. 860 Total views 6 Total shares South Africa’s Financial Sector Conduct Authority is sounding the cryptocurrency scam alarm once again.In a press release issued on Thursday, the FSCA enjoined the public to do their own due diligence…

A bill requiring users to identify themselves while using digital currencies has been filed on March 8, according to the official Texas legislature portal.The bill’s text contains the definitions of digital currencies, digital wallets, distributed ledgers and verified identity digital currencies (VIDC). The latter is defined as “a digital currency that allows the true identities…

"We are very sorry for the concern and inconvenience caused to our customers due to the suspension of our services," the exchange wrote. 55 Total views 1 Total shares Own this piece of history Collect this article as an NFTAccording to a press release on Feb. 20, FTX Japan, the Japanese subsidiary of troubled cryptocurrency…

Monday, October 1: crypto markets today are shaky and largely red, with Ripple (XRP) losing the most among the large-market-cap coins and most altcoins hit with modest losses on the day, as data from Coin360 shows.Market visualization by Coin360Bitcoin (BTC) is down just over half a percent on the day, trading around $6,550 as of…

British blockchain technology group Setl has hired former governor of the French central bank Christian Noyer as a member of its board of directors. The new appointment was confirmed in a blog post published on Jan. 17.Founded in 2015, Setl is a financial company with a focus on blockchain technology. Setl  has built a blockchain-based…

Coinbase is in advanced talks to buy Deribit, a cryptocurrency derivatives exchange, according to a March 21 report by Bloomberg. Acquiring Deribit — the world’s largest venue for trading Bitcoin (BTC) and Ether (ETH) options — would bolster Coinbase’s existing derivatives platform, which currently focuses on futures.  Coinbase and Deribit have reportedly alerted regulators in

A new report from data researchers at the Blockchain Transparency Institute (BTI) claims that the majority of the top 25 Bitcoin (BTC) trading pairs listed on CoinMarketCap (CMC) are based upon “grossly” inflated false volumes. The researchers’ findings for December were published in BTI’s “Exchange Volumes Report” on Dec. 13.BTI presents its report as “a…