In a latest court filing, bankrupt crypto exchange FTX owes a staggering $3 billion to its top 50 creditors. The filing did not include the names of those creditors. $1.5 billion is owed to top 10 creditors.
Popular crypto exchange Bitmex plans on taking its native token live on the 11th November. Users will be able to gain rewards from using the BMEX token.
LooksRare, a token-based marketplace that rewards creators with tokens, will no longer enforce royalties. A portion of the protocol fees will instead be paid to creators as a portion of the proceeds.
Meta’s metaverse unit Reality Labs suffered a loss of $3.7 billion during the third quarter. This poor performance comes after a hiring freeze, an increase in shareholder scrutiny and a push to sell virtual-reality technology solutions to corporate clients.
An Argentinian crypto mining farm has not properly declared its business activities in relation to its mining activities. The farm had enough equipment that it could earn $100,000 per year.
Meta partnered with L’Oreal makeup and HEC Paris to support a new startup accelerator program that fosters creativity in the metaverse.
The fake website actively promotes a fake giveaway of 500,000 USDT and asks users to connect their wallets (such as MetaMask) to claim the reward.
Recent reports from central bank officials indicate that the U.S. Federal Reserve is likely to increase its interest rate by approximately 75 basis points (bps), next month.
An alleged crypto gambling ring has been implicated in the murder of Halil Falyali, the head of a Turkish Cypriot casino and tycoon involved in crypto gambling.
The global police have revealed that they are increasing their oversight of virtual worlds by revealing information about their metaverse.
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