Author: Yeek.io

1Meta’s Reality Labs division has reported another multi-billion-dollar loss as it continues to develop virtual and augmented reality technologies for its metaverse vision.  According to a recent report, the company disclosed a $4.97 billion operating loss, despite generating $1.1 billion in sales.  Following the announcement, Business Insider revealed an internal memo from Meta’s CTO, Andrew “Boz” Bosworth, addressed to employees. In the memo, Bosworth described 2025 as a crucial year for the company’s metaverse strategy. “This year likely determines whether this entire effort will go down as the work of visionaries or a legendary misadventure,” he stated.  Meta has been pushing its metaverse ambitions…

Federal prosecutors in the United States have charged a Canadian national with exploiting vulnerabilities across two decentralized finance protocols, alleging he stole millions in cryptocurrency and attempted to cover his tracks. Andean Medjedovic, a University of Waterloo mathematics graduate, has been indicted for wire fraud, computer hacking, attempted extortion, and money laundering in connection with the KyberSwap and Indexed Finance exploits, the Justice Department announced on Feb. 3. According to the charges, Medjedovic manipulated smart contracts on both platforms, using deceptive trades to trick automated systems into miscalculating key values. By exploiting these flaws, he allegedly drained $48.8 million from…

WIF saw a notable market drop in the past 24 hours; however, a major rally could be near. Market indicators and metrics presented mixed sentiment, but a clear path to a rally exists. The past 24 hours haven’t been favorable for many dogwifhat [WIF] market participants, as the asset experienced a 23.83% price decline, continuing a losing streak after dropping 64%. While this bearish sentiment persists, AMBCrypto noted the possibility of a slight fall before a major price movement, potentially leading to significant gains for WIF. WIF decline could lead to a price boom Recent chart analysis shows WIF is…

Este artículo también está disponible en español. Ethereum price started a recovery wave above the $2,500 zone. ETH is up nearly 10% and now faces a major resistance near $2,920. Ethereum started a decent upward move above the $2,500 support zone. The price is trading below $2,900 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,920 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,920 level. Ethereum Price Attempts Recovery Ethereum price started a major decline below…

XRP price recovered most losses and rallied over 25%. The price is back above $2.65 and now faces hurdles near the $2.820 level. XRP price started a strong upward move above the $2.50 level. The price is now trading below $2.80 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2.420 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it clears the $2.820 resistance zone. XRP Price Recovers Over 25% XRP price started a fresh decline below the…

One of the most exciting new concepts in Web3 gaming is NFT rentals, where players can rent unique digital items rather than purchase them. If you’re a game developer or just interested in blockchain gaming, this guide will walk you through everything you need to know about how NFT rentals can make you money and keep your players engaged.Understanding NFT RentalsNFT stands for Non-Fungible Token. In simpler terms, it’s a digital asset you can own or trade that’s one-of-a-kind—like a limited-edition trading card or a rare in-game costume. While “fungible” items, such as standard crypto coins (like Bitcoin), are all…

Homepage > News > Finance > Ghana urged to regulate burgeoning digital asset sector Ghana’s government must implement a digital asset regulatory framework to better protect investors as adoption skyrockets in the West African nation, experts say. Local financial, tech, and law industry leaders congregated at a recent fintech summit, where digital assets and blockchain were among the main items on the agenda. One speaker after another called on President John Mahama’s administration to follow up on its commitment to digital asset regulations, a process it kicked off last year. “We have adopted a wait-and-see attitude since the emergence of and continuing market dominance…

Spot Bitcoin exchange-traded funds in the U.S. shifted to outflows on Feb. 3 as Bitcoin dipped to a three-week low, as the risk of a trade war spooked investors and caused over $2 billion in liquidation in the crypto derivatives market. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded a net outflow of $234.54 million on Monday, Feb. 3 ending their four-day inflow streak that drew in over $1 billion into the funds. The majority of outflows came from Fidelity’s FBTC which saw $177.64 million exit the fund followed by ARK and 21shares’s ARKB which logged $50.75…

Follow Nikolaus On 𝕏 Here For Daily Posts Today, The Wall Street Journal (WSJ) published an article attempting to discredit Bitcoin amidst the recent US, Canada, and Mexico tariff trade war, because bitcoin’s price has gone down in the wake of the news.“Bitcoin — touted as a borderless, digital store of value — is down more than 4% over the last 24 hours, after the White House instigated cross-border tariffs,” the article stated. “Cryptocurrencies were once promoted as investments that act independently of stocks, but in fact their moves often resemble outsized versions of broader market swings.”In the second sentence…

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…