During a recent earnings call, Meta chief financial officer Susan Li said the company expects Reality Labs’ losses to “increase meaningfully year-over-year.” Read more »
Microsoft and Alphabet report earnings with significant advancements in AI and cloud computing and plans to push forward on AI trends in 2024. Read more »
Marathon announced a 467% increase in Bitcoin production year-on-year in the third quarter, while hashrate rose over 400% in the same timeframe. Read more »
Block’s Q1 earnings report reveals a 25% year-on-year increase in Bitcoin revenue from the fintech firm’s flagship product Cash App. Read more »
A new law signed by Kazakh President Kassym-Jomart Tokayev on Feb. 6 reinstated the nation’s stand against the unlawful mining operations and issuance of crypto assets. Read more »
A number of industry pundits believe the U.S. Office of Foreign Assets Control’s threat to impose sanctions has victims thinking twice about paying up. Read more »
As a software-as-a-service provider, Fireblocks witnessed overwhelming interest in decentralized finance, blockchain and Web3 technologies. Read more »
