Meta, which has spent hundreds of billions of dollars in the metaverse field over the past three years but has encountered obstacles everywhere, now seems to have to "cut off its own arm".
JinseFinanceThe Bank of Japan is unlikely to raise interest rates again for the rest of the year, but whether it will do so before March remains an open question.
JinseFinanceInvestors engaged in the popular yen carry trade are facing significant challenges due to the dual threat of an impending Federal Reserve rate cut and a potential interest rate hike by the Bank of Japan (BOJ).
WilfredZipmex’s rescue investor failed to deliver its promised 100% payment. V Ventures now only wants to pay 10 to 20 cents on the dollar to creditors, according to a letter obtained by The Block.
TheBlock
Coinlive FTX filed for bankruptcy Friday; users’ funds stuck on the platform; one marketplace for distressed claims posted bids for a fraction of the original value of claims.
CoindeskFollowing the fall of TerraUSD, DEI, the algorithmic stablecoin by DEUS Finance, takes a nosedive below 60 cents.
CointelegraphTerra USD (UST) and its backing coin LUNA have been in a veritable nosedive in price and market cap since major sell-offs began in the ecosystem.
CointelegraphThe executive director of the Bank of Japan announced that the long-awaited digital yen will not be used to achieve negative interest rates.
CointelegraphThe Bank of Japan’s executive director announced that the eagerly-awaited digital yen won’t be used to attain negative interest rates.
Cointelegraph