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US GDP Grew By 2.6% In The Third Quarter

US GDP Grew By 2.6% In The Third Quarter

US GDP growth is faster than analysts' expectations. They also argue that this could negatively affect bitcoin, as the Fed will be forced to continue its aggressive policy.  The US economy expanded in the third quarter, a sign that activity remains strong despite the Fed's aggressive move to raise rates to curb inflation this year. GDP rose 2.6%...

The Largest Mining Company On The Verge Of Bankruptcy

The Largest Mining Company On The Verge Of Bankruptcy

Core Scientific, one of the largest bitcoin mining companies in the world, is on the verge of bankruptcy.  In her statement, which she sent to the US Securities and Exchange Commission, she said that the main reasons were the cost of electricity, the fall in the value of bitcoin and the increase in the hash rate...

Meta's Earnings In The Metaverse Fell Short Of Expectations

Meta’s Earnings In The Metaverse Fell Short Of Expectations

Meta this week reported its earnings for the third quarter. Analysts' attention has been centred around the figures from Facebook's Reality Labs (FRL) division, which includes augmented and virtual reality operations. As it turns out, this quarter's revenue was only $285 million, instead of the expected $406 million.  The division lost $3.7 billion compared to a $2.8...

Dmitry Gordon Released NFT Super Gordon Collection

Dmitry Gordon Released NFT Super Gordon Collection

Gordon presented the author's collection of art tokens The journalist brightly advertised "his offspring" and promised the owners a "secured old age." Journalist Dmitry Gordon presented the NFT collection called SUPER GORDON. It included 3,500 art tokens - " unique and original, like Gordon himself ." They depict a colorful journalist in different images - with a naked torso, a Cossack...

The Sandbox Signs With MK2

The Sandbox Signs With MK2

The press service of the Metaverse platform The Sandbox announced that the leading French art-house film company MK2 had signed a contract with their startup for cooperation. The organization's leadership will launch its digital territory in the virtual world. The new MK2 Park will function as a cinematic carnival with an open-air cinema set in the...

Apple Has Updated The Rules For Working With NFTs In The App Store

Apple Has Updated The Rules For Working With NFTs In The App Store

Apple giant will leave a commission of 30% This will make NFT purchases unprofitable Apple has updated the rules for the App Store. A separate item about NFT appeared here. The apple giant did not listen to customers' requests and left a 30% commission. But there is also good news. The codified rules give an official green light to companies that...

0% Royalty Is The New Trend In NFTs

0% Royalty Is The New Trend In NFTs

Since the beginning of autumn, the trend for 0% royalties has gone viral in the NFT sphere. And we decided to analyze and analyze what it will lead to and also why did it start? In today's article, you will find the answers to these questions. 0% NFT royalty. Who started all this? No, this is not Frank and DeGods,...

Ethereum-based NFT Projects Earn $1.8 Billion In Royalties

Ethereum-based NFT Projects Earn $1.8 Billion In Royalties

The latest report from Galaxy Digital revealed that more than $1.8 billion in royalties had been paid to creators of Ethereum-based NFT collections.  Ten collections earned 27% from sales in the secondary market alone - half a billion dollars were learned. The leader is Yuga Labs, with its collections Bored Ape Yacht Club, Mutant Ape Yacht Club,...

FTX Users Lose Funds Due To Leaked API Keys

FTX Users Lose Funds Due To Leaked API Keys

Crypto journalist Colin Wu drew the attention of his Twitter followers to the recent FTX incident. Several users have reported losing funds.  One of the traders went into detail about losing $1.6 million after noticing his account was late trading DMG tokens. As a result, the attackers withdrew a multi-million dollar amount from his account through FTX tokens,...