Microsoft Disbands Industrial Metaverse Project: Report

The 100 members of the team have all been laid off, according to the report, according to a person with direct knowledge of the matter.

Microsoft Disbands Industrial Metaverse Project: Report

The 100 members of the team have all been laid off, according to the report, according to a person with direct knowledge of the matter.

First Mover Asia: Kraken Crypto Staking Settlement Bedevils Markets as Bitcoin Lingers Below $21.9K

ALSO: CoinDesk analyst Glenn Williams considers the significance of "whales" sending bitcoin back to exchanges, while smaller investors remove it. Bitcoin falls below $21.9K.

First Mover Asia: Kraken Crypto Staking Settlement Bedevils Markets as Bitcoin Lingers Below $21.9K

ALSO: CoinDesk analyst Glenn Williams considers the significance of "whales" sending bitcoin back to exchanges, while smaller investors remove it. Bitcoin falls below $21.9K.

Central Bank of Brazil to Test Security and Transaction Privacy Levels of the Digital...

The Central Bank of Brazil will focus its first digital real tests on determining the levels of privacy and security that can be achieved with the proposed central bank digital currency (CBDC) infrastructure. The tests will be conducted later this year and will set up a simplified operation to transact with a still-to-be-determined tokenized asset.…

French Luxury Brand Hermes Wins NFT Trademark Infringement Lawsuit

French luxury brand Hermes has won a lawsuit against an artist who depicted its famous Birkin bags in a non-fungible token (NFT) collection. The artist argued that NFTs should be covered under the U.S. Constitution’s First Amendment but the jury disagreed. Hermes Wins Lawsuit Against ‘Metabirkins’ NFT Creator French luxury design house Hermes has won…

First Mover Asia: Kraken Crypto Staking Settlement Bedevils Markets as Bitcoin Lingers Below $21.9K

ALSO: CoinDesk analyst Glenn Williams considers the significance of "whales" sending bitcoin back to exchanges, while smaller investors remove it. Bitcoin falls below $21.9K.

Federal Reserve Officials Say More Interest Rate Hikes Are Needed to Curb Inflation

Several Federal Reserve governors and presidents say that more interest rate hikes are needed to curb inflation. “We are not done yet with raising interest rates,” Fed Governor Lisa Cook said. “We need to raise rates aggressively to put a ceiling on inflation,” Minneapolis Federal Reserve President Neel Kashkari stressed. Fed Officials on Raising Interest…

OP Token Falls After Surprise Optimism Airdrop

Optimism conducted a second airdrop that rewarded users of the Ethereum layer 2. OP token fell on the news.

Bitcoin Miner CleanSpark Plans to Continue Pursuing Acquisitions Amid Bear Market

The miner's revenue for the first quarter was $27.8 million, just shy of analyst estimate of $29.5 million, according to FactSet data.
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