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Meta’s Reality Labs Achieves $1 Billion in Q4 Revenue Despite Operating Losses of $4.65 Billion

Meta’s Reality Labs Achieves $1 Billion in Q4 Revenue Despite Operating Losses of $4.65 Billion

Owen PatterFeb 2, 20242 min read

Reality Labs Sets Revenue Records Meta’s metaverse unit, Reality Labs, achieved its most successful quarter yet, generating over $1 billion in revenue in Q4 of 2023.…

Meta’s Reality Labs Records $4.65 Billion Operating Deficit in Q4 2023 Amid Ongoing Metaverse Initiatives

Meta’s Reality Labs Records $4.65 Billion Operating Deficit in Q4 2023 Amid Ongoing Metaverse Initiatives

Wyatt NewsonFeb 2, 20243 min read

Meta Subsidiary Reality Labs Reports Operating Loss in Q4 2023 Reality Labs, a subsidiary of Meta that focuses on metaverse development, recorded a significant operating loss…

Is Coinbase Operating Without Regulation? SEC Conflict Heightens Risks for Cryptocurrency Sector

Is Coinbase Operating Without Regulation? SEC Conflict Heightens Risks for Cryptocurrency Sector

Cino GaperiJan 27, 20242 min read

The Jan 17 Faceoff In a recent courtroom showdown, Coinbase found itself in a legal battle with the Securities and Exchange Commission (SEC). The lawsuit stems…

Is the Era Ripe for a Genuine Blockchain Operating System?

Is the Era Ripe for a Genuine Blockchain Operating System?

Cyrus DaileyJan 24, 20242 min read

The Infrastructural Cornerstones of Web3 With all the excitement around Web3 capabilities, it can be easy to overlook the essential infrastructure that supports it. These fundamental…

German National Accused by US Government of Operating a $150 Million Cryptocurrency Scam

German National Accused by US Government of Operating a $150 Million Cryptocurrency Scam

Daisy HodleyJan 23, 20243 min read

German Businessman Charged with Running $150 Million Crypto Scam A German businessman is facing charges from US authorities for allegedly operating a crypto pyramid scheme that…

IcomTech’s CEO Receives Five-Year Sentence for Operating Crypto Ponzi Scheme

IcomTech’s CEO Receives Five-Year Sentence for Operating Crypto Ponzi Scheme

Wyatt NewsonJan 22, 20242 min read

Crypto Ponzi Scheme CEO Sentenced to Five Years in Prison The CEO of IcomTech, a large-scale crypto Ponzi scheme, has been sentenced to five years in…

CFTC Accuses Debiex Cryptocurrency Exchange of Operating an ‘Online Romance’ Scam, Charging Fraud and Misappropriation

CFTC Accuses Debiex Cryptocurrency Exchange of Operating an ‘Online Romance’ Scam, Charging Fraud and Misappropriation

Daisy HodleyJan 21, 20242 min read

US Regulator Takes Legal Action Against Debiex Crypto Exchange for Fraudulent Activities The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal proceedings against Debiex, a…

Decline in Argo Blockchain stock by 8% after Chief Operating Officer’s resignation

Decline in Argo Blockchain stock by 8% after Chief Operating Officer’s resignation

Noah RyptonJan 8, 20243 min read

Mining company Argo Blockchain announces departure of former interim CEO and COO Argo Blockchain, a mining company, has announced that its former interim CEO and COO…

Advantages of Dogecoin Operating Without a DOGE ETF, According to Crypto Specialist

Advantages of Dogecoin Operating Without a DOGE ETF, According to Crypto Specialist

Bitro ConwellJan 4, 20243 min read

Why Dogecoin Can Thrive Without an ETF A crypto expert known as @itsALLrisky recently made a case for Dogecoin’s independence, arguing that the popular meme coin…

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