Metaverse division’s $4B loss drags on positive first quarter for Meta

Zuckerberg expects Reality Labs operating losses to increase year-over-year in 2023.

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SEC New Guidance: Companies Should Disclose Their Exposure To Crypto Assets

In light of recent events in the market, the Securities and Exchange Commission (SEC) has released new guidance related to crypto assets. The Division of Corporation Finance believes that every company should disclose its exposure to crypto assets, including risks and developments. Participants in the crypto asset market are now facing bankruptcy and economic instability, […]

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Crypto Flipsider News – Mixed Market for Bitcoin as Fed Tipped to Hike Interest Rates; SEC Crypto Division Expanded; Coinbase Behind Goldman’s Bitcoin-Backed Loan; Axie Infinity All-Time Sales Top $4 Billion

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Continue reading Crypto Flipsider News – Mixed Market for Bitcoin as Fed Tipped to Hike Interest Rates; SEC Crypto Division Expanded; Coinbase Behind Goldman’s Bitcoin-Backed Loan; Axie Infinity All-Time Sales Top $4 Billion at DailyCoin.com.

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FTX Continues Global Expansion, Launches Subsidiary Division in Australia

FTX has continued with its lines of expansion with the latest establishment of a new office in Australia. (Read More)

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Crypto Flipsider News – BTC Addresses Hit ATH, MoonPay Raises $555M, Binance Seeks Sovereign Wealth, Powell Returns as Fed Chair, Citigroup Expands Crypto Division

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Continue reading Crypto Flipsider News – BTC Addresses Hit ATH, MoonPay Raises $555M, Binance Seeks Sovereign Wealth, Powell Returns as Fed Chair, Citigroup Expands Crypto Division at DailyCoin.com.

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Twitter Is Developing a Crypto Division to Examine Decentralized Apps

Twitter says the establishment of a new crypto team that will be tasked with examining the potential of decentralized apps. (Read More)

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Axie Infinity, Decentraland and ‘metaverse’ cryptos rally after Facebook rebrands to Meta

The net market capitalization of metaverse tokens grew 13.40% to $12.36 billion in the past 24 hours.

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Sotheby’s to Auction 3AC’s NFT Collection, Including Larva Labs’ Zombie Punk and Dmitri Cherniak’s ‘Golden Goose’

On Wednesday, Sotheby’s, one of the world’s largest brokers of fine and decorative art, announced its plans to auction a number of non-fungible token (NFT) assets that were previously owned by the now-defunct crypto hedge fund Three Arrows Capital (3AC). The auction, called the “Grails” NFT collection, will take place during Marquee Sale Week at

The post Sotheby’s to Auction 3AC’s NFT Collection, Including Larva Labs’ Zombie Punk and Dmitri Cherniak’s ‘Golden Goose’ appeared first on BTC Ethereum Crypto Currency Blog.

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SEC Sues Bankrupt Crypto Lender Celsius, Alleges Misrepresentation of Customer Count and Risky Practices

The U.S. Securities and Exchange Commission has filed a lawsuit against the now-defunct cryptocurrency lender, Celsius. The suit, filed Thursday, also names former CEO Alexander “Alex” Mashinsky as a defendant. Both he and the company stand accused of falsely promising investors a safe investment with high returns. Bankrupt Crypto Lender Celsius Accused by SEC of [...]

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