China’s first firm to bet big on crypto warns of major net losses
Beauty filter app Meitu has warned investors it expects a net loss of up to $52 million in the first half of the year thanks to crypto winter.
Beauty filter app Meitu has warned investors it expects a net loss of up to $52 million in the first half of the year thanks to crypto winter.
Rumors about the possible insolvency of Three Arrows Capital were fueled on Wednesday thanks to a vague tweet by co-founder Zhu Su.
A whistleblower has asked the SEC to investigate a former director, William Hinman, and his financial ties to a pro-Ethereum entity.
Proof-of-work will be phased out and replaced with proof-of-stake, a change that comes with a costly barrier to entry for most miners.
Ethereum donors to Ukraine have sharply declined since the country canceled its airdrop. Most donations came in while rewards were promised.