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.
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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.
The 500 wealthiest people in the world have lost a combined $1.4-trillion, including $206-billion on Monday alone.
Crypto markets have dived in the past few weeks as rising interest rates and surging inflation prompted investors to ditch riskier assets across financial markets.
Online platforms like Twitter, Facebook and TikTok will be required to register and open offices in Nigeria, draft regulations show.
The meteoric rise of the digital economy has been exempt from the kind of tariffs that apply to trade in physical goods. That era may come to a screeching halt this week.
The value of the cryptocurrency market on Monday fell below $1-trillion for the first time since January 2021, reaching as low as $926-billion.
Microsoft revealed dozens of new titles for its subscription service, Xbox Game Pass, including several from the big publishers it purchased in recent years.