Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Due to the bad news, which includes the canceled games and financial challenges, Ubisoft plans to “depreciate around €500m of capitalized R&D”.
During Q4 2022, TSMC reported 52% in its operating margin, gross margin was 62.2%, and net profit margin was 47.3%.
Naming rights have been a popular initiative for crypto firms before the commencement of the crypto winter of 2022.
Considering the current business state of the company, it has revised its target for the year and it said it now expects its overall revenue to drop by 13-15%.
Lawmakers in El Salvador have greenlit a law that could facilitate the country’s long-standing Bitcoin bond initiative.
Reports say that tech powerhouse Apple could soon release touchscreen versions of its Mac laptop lineup in 2 years.
It is now unclear if the idea of selling names on Twitter will be in action. However, last month, its owner Elon Musk said Twitter was preparing to remove as many as 1.5 billion accounts that were inactive for at least a year.
This recovery in assets could be a major boon for FTX’s customers who have their massive crypto investments frozen after the bankruptcy filing.
The recent development comes as crypto exchange Huobi continues to lose market share in recent times which has now dropped to less than 4%.
According to a blog post by the firm, Quasar will use the majority part of the fund for product development.
The UK FDC will focus on the potential for a Central Bank Digital Currency (CBDC), as well as the regulatory approach to stablecoins and other valuable crypto assets.
Besides pursuing regulatory approval, Binance has also continued to expand its workforce.
Bitcoin price rally follows the growing cheer on Wall Street amid the cooling down of inflation and the expected softening stand by the Fed ahead.
Venom Ventures Fund (VVF) has announced a $20 million funding investment in Nümi Metaverse, a universal platform for creators, innovators, and followers, as its first Web3 backing.
Under the partnership, Ava Labs will also join AWS Activate, extending AWS credit advantages to builders within the Avalanche ecosystem.