Meta’s Metaverse Division Loses $2.8 Billion in Q2
July 28, 2022
Decrypt
In the company’s quarterly earnings call, Mark Zuckerberg said the loss-heavy division could eventually be worth trillions.
Category: Decrypt
NFT Projects Lost $22M to Largely the Same Hackers on Discord: Reports
July 27, 2022
Decrypt
One analysis concludes that hackers targeting Bored Ape Yacht Club and other NFT projects are part of a ‘wider network.’
Binance CEO CZ Sues Bloomberg Businessweek for Defamation in Hong Kong
July 26, 2022
Decrypt
Lost in translation or defamation? Zhao’s lawsuit argues that the media statements were “calculated.”
Yuga Labs Threatened With Possible Class-Action Lawsuit
July 25, 2022
Decrypt
The suit likely will allege that Yuga Labs’ Bored Ape Yacht Club NFTs and ApeCoin are securities that failed to deliver on promised returns.
This Week in Coins: Ethereum Outpaces Bitcoin as Markets Thaw
July 24, 2022
Decrypt
Seven-day price action remained mostly positive even as industry news … did not.
Animoca Brands Launches DAO to Develop Metaverse Standards
July 23, 2022
Decrypt
Several prominent Web3 names have joined the effort to ensure interoperability among virtual worlds.
LinkedIn Founder Reid Hoffman Turns DALL-E AI Art Into Solana NFTs
July 22, 2022
Decrypt
Hoffman is using OpenAI’s AI-powered image rendering platform to generate NFT artwork to auction via Magic Eden.
Final Fantasy NFTs Coming to Polkadot in Square Enix, Enjin Alliance
July 21, 2022
Decrypt
Enjin’s Polkadot-based Efinity platform will power NFT collectibles and more for the smash role-playing video game franchise.
Colombia Advances Regulatory Framework for Local Crypto Industry
July 20, 2022
Decrypt
The South American nation is inching toward a future where banks and crypto exchanges work together.
DeFi Tokens Lido, Aave, Curve Post Whopping Weekly Gains Amid Crypto Market Recovery
July 19, 2022
Decrypt
Several DeFi tokens, including Lido and Aave, have enjoyed hefty, double-digit gains over the past seven days.