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Article by Steven Stradbrooke

Meta’s profit slides due to big bet on proprietary metaverse
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29 July, 2022

Meta’s profit slides due to big bet on proprietary metaverse

Meta, formerly Facebook, reported its first ever revenue decline in Q2, while profits tumbled by more than one-third as its...
Helium users fret as revenue fails to keep pace with network growth
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27 July, 2022

Helium users fret as revenue fails to keep pace with network growth

Helium set out to revolutionize ‘decentralized wireless’ networks but the users supporting this network are discovering that the later they...
Peter Thiel-backed ‘crypto’ lending platform Vauld bankrupt
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25 July, 2022

Peter Thiel-backed ‘crypto’ lending platform Vauld bankrupt

Singapore-registered/India-based Vauld filed an application for a moratorium order under section 64 of Singapore’s Insolvency, Restructuring and Dissolution Act 2018,...
SEC labels 9 tokens as securities in Coinbase insider trading scandal
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22 July, 2022

SEC labels 9 tokens as securities in Coinbase insider trading scandal

Ishan Wahi, his brother Nikhil and friend Sameer Ramani are accused of violating securities laws’ antifraud provisions to earn over...
Sell the dip: Tesla unloads 75% of its BTC, Musk dismisses ‘crypto’ as ‘sideshow’
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22 July, 2022

Sell the dip: Tesla unloads 75% of its BTC, Musk dismisses ‘crypto’ as ‘sideshow’

Tesla's latest financial report card indicated that the company had converted around 75% of its BTC purchases into fiat by...
3AC’s tangled web leaves creditors out missing billions
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20 July, 2022

3AC’s tangled web leaves creditors out missing billions

The bankruptcy of ‘crypto’ hedge fund Three Arrows Capital (3AC) continues to rock the wider digital asset sector, threatening an...

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