Meta’s Reality Labs Reports $3.6 Billion In Losses, When Will It End?
[ad_1] Meta (formerly Facebook) officially declared its entry into the metaverse space last year with the Reality Labs division. Its announcement had understandably triggered the popularity of metaverse projects and their tokens during this time, as a lot went on to rally to billions of dollars in market cap....
Read More
Cryptocurrency Mining Chip Producer Nvidia Reports Significant Profits After Decline
[ad_1] The American Chip developing company Nvidia attests to its dip in shares due to the CMP (Cryptocurrency Mining Process) sales decline. The company stated that its 52% decrease for its Q1 of “OAM and other” investments was because of the decrease in CMP sales. Nvidia stated this, as...
Read More
The INX Digital Company Reports Growth in New Registrations for Q1 2022
[ad_1] NEO-listed owner of digital asset trading platforms, The INX Digital Company recently released its financial results for the first quarter ended 31 March 2022. With a total of 17,674, the company saw a sharp surge in the number of new registrations. The reserve fund was maintained at $36...
Read More
Reports Bored Ape creator in talks with A16z: Potential valuation $5B
[ad_1] Silicon Valley tech VC Andreessen Horowitz (A16z) is reportedly eying an investment in Bored Ape Yacht Club creator Yuga Labs, with a reported valuation as high as $5 billion. Sources for the Financial Times revealed that Yuga Labs is seeking funding for a multi-million dollar piece of the...
Read More