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3 Feb 2024

REALITY LABS’ Q4 REVENUE HITS $1B AMID $4.65B LOSS FOR META

Meta's metaverse division, Reality Labs, reported its most successful quarter to date in terms of revenue, surpassing $1 billion in the last quarter of 2023.

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3 Feb 2024

GERMAN BANK TO LAUNCH CRYPTO TRADING IN 2024

The trend of banking institutions embracing cryptocurrencies continues, as one of Germany's largest banking groups is set to introduce crypto trading services to its customers this year.

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3 Feb 2024

ANDREW FORREST DEEPFAKE PROMOTES SCAM CRYPTO SITE ON FACEBOOK

A new deepfake video featuring Australian mining magnate Andrew "Twiggy" Forrest on Facebook has sparked criticism and concerns about the platform's handling of scams.

News

2 Feb 2024

2023 SEES OVER $637M IN WEB3, AI VENTURES

The convergence of Web3 and Artificial Intelligence (AI) has become a significant focus for blockchain startups, capturing more than 11% of total venture capital (VC) funding in the blockchain sector.

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2 Feb 2024

BIDEN ADMINISTRATION STARTS URGENT SURVEY ON CRYPTO MINING ENERGY USE

As Bitcoin's price continues to rise, the U.S. government is concerned about the potential influx of new Bitcoin miners and its impact on electricity grids.

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2 Feb 2024

VICE PRESIDENT CONFIRMS EL SALVADOR’S BITCOIN BOND PLANS

El Salvador is gearing up to launch Bitcoin-backed bonds in the first quarter of 2024, contingent upon the success of President Nayib Bukele's party in the upcoming election.

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2 Feb 2024

OPNX EXCHANGE CLOSES, 3AC FOUNDERS’ TOKENS FLEX, OX PLUNGE

The Open Exchange, known as OPNX, launched by the founders of the bankrupt crypto hedge fund Three Arrows Capital (3AC), is set to cease operations this month.

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1 Feb 2024

GLOBAL X PULLS BITCOIN ETF LISTING REQUEST FROM CBOE BZX

Global X, the ETF provider, has officially withdrawn its application for a spot Bitcoin ETF, becoming the first among last year's SEC approval seekers to do so.

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1 Feb 2024

UK CONFISCATES $1.8B IN BITCOIN FROM MAJOR CHINESE FRAUD CASE

In a significant development, the UK police have confiscated 61,000 Bitcoin, believed to be the proceeds of a large-scale Chinese wealth management scam.

News

1 Feb 2024

BITCOIN MINERS INITIATE LARGEST SELL-OFF SINCE MAY 2023

Bitcoin miners have made a significant move by transferring over $173 million worth of BTC tokens to spot exchanges.

News

1 Feb 2024

XRP FALLS 5% AFTER RIPPLE CO-FOUNDER’S WALLETS HACKED

XRP's price has plunged to approximately $0.5, and a major security breach has left Chris Larson, Ripple's co-founder and executive chairman, at a loss of over $100 million in XRP, as reported by crypto analyst ZachXBT.

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31 Jan 2024

DOJ CHARGES TRIO IN $1.89 BILLION CRYPTOCURRENCY FRAUD CASE

The US Department of Justice (DOJ) has filed charges against three individuals for defrauding investors of nearly $2 billion through a fraudulent cryptocurrency investment program.