Crypto lending may not be down and out, but it’s certainly on the ropes.
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The crypto industry was on edge on Monday morning on fears contagion from problems at major crypto players could unleash a major shakeout if not contained.
Tencent has formed an “extended reality” unit, sources said, formally placing its bets on the metaverse concept of virtual worlds.
At least five employees were fired by private rocket company SpaceX after drafting and circulating an open letter criticising founder Elon Musk.
SpaceX employees have penned a letter to company executives, denouncing the behavior of CEO Elon Musk in the wake of sexual harassment allegations.
Nippon Telegraph & Telephone’s data subsidiary is joining forces with Toyota to develop connected cars that can collect and share data.
Bitcoin fell on Wednesday to a new 18-month low, dragging down smaller tokens with it, as the recent tumble in crypto markets showed no sign of letting up.
Apple’s run as a $3-trillion stock proved fleeting. Now its grip on a $2-trillion market value is looking wobbly, too.
Billionaire Bill Gates has dismissed cryptocurrency projects such as non-fungible tokens as shams “based on the greater-fool theory”.
Coinbase Global will cut about 1 100 jobs, or 18% of its workforce, the cryptocurrency exchange said on Tuesday.