Meta Q2 earnings: Reality Labs losses top $7.7B year to date By Cointelegraph
[ad_1] © Reuters. Meta’s metaverse-related losses topped $3.74 billion over the second quarter with the Big Tech player spending $7.7 billion on its virtual reality...
Flashbots becomes unicorn after raising $60 million By Crypto.news
[ad_1] Flashbots becomes unicorn after raising $60 million Crypto.news – San Francisco-based firm Paradigm has invested $60 million to support the development of Flashbots’ new...
‘Real’ Yield-Curve Shows Central Banks Are Almost Done (For Now)
Authored by Simon White, Bloomberg macro strategist, The inversion of the global real-yield curve confirms central banks are very near the end of their tightening...
Judge warns Sam Bankman-Fried to ‘take it seriously’ as prosecutors push to revoke bail: Report By Cointelegraph
[ad_1] A federal judge overseeing the criminal case against Sam Bankman-Fried, also known as “SBF,” will reportedly consider revoking the former FTX CEO’s $250 million...
JPMorgan stays bearish on the stock market and warns that an AI bubble is brewing amid record concentration in mega-cap stocks
Johannes Eisele/AFP via Getty Images JPMorgan’s Marko Kolanovic is staying bearish on the stock market despite its strong rally. He warned the hype around artificial...
McDonald’s in the metaverse, pro players to try Web3: Nifty Newsletter By Cointelegraph
[ad_1] In this week’s newsletter, read about how Reddit onboarded millions into Web3 through its nonfungible token (NFT) avatars, and check out McDonald’s first metaverse...
European banks flag bad loan risks as global economy falters
[1/3]The headquarters of Germany’s Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File Photo LONDON/MILAN/MADRID, July 26 (Reuters) – Europe’s major banks,...
ERC-20 inventor discusses origins, new blockchains, BRC-20 and more By Cointelegraph
[ad_1] In 2018, lead developer Fabian Vogelsteller contacted the community for a new standard for smart contracts he created alongside co-founder Vitalik Buterin. Dubbed ERC-20,...
It’s Fed Day. Gold climbs as Fed pushes rates to 22-year high
Fed Hikes Rates to 22-Year High As expected, the Federal Reserve continued to hike interest rates on Wednesday. the central bank raised rates for the...
Judge suggests IRS issued $4K refund over tax lawsuit based on quality of lawyers: Report By Cointelegraph
[ad_1] Oral arguments began on July 26 for an appeals case on a complaint a Tennessee couple filed against the United States Internal Revenue Service...