Meta Metaverse Unit Has Lost $5.7B This Year
Meta CEO Mark Zuckerberg said its metaverse ambitions represent a “very expensive undertaking,” but he sees trillions in unlocked value
Facebook CEO Mark Zuckerberg | Source: Shutterstock
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Our newest Dune Dashboard tracks KPIs related to Layer 2s, specifically Optimism and Arbitrum, related to economics, user activity, and bridge flows.
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Breaking headlines across our core coverage categories.
The fund manager’s head of digital assets research says bitcoin could hit a low of $10,000 and a high of $30,000 in 2023
The New York Fed forecasts a 38% chance of a recession within the next year, which history shows is an almost certain indicator the economy will slow down
Rockstar and Microsoft have both recently officially banned NFTs from game servers
The number of mints on music NFT marketplace Sound.xyz has doubled in each of the last two months
Neither the SEC nor the CFTC has the power to solely take on crypto regulation, and the industry needs a stake in the game
Rep. Torres’ call for investigation comes months after he and several other representatives drafted a letter to Gensler asking about the SEC’s jurisdiction over non-SEC regulated entities