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.