Mark Zuckerberg’s Meta is dropping VR support for its flagship metaverse world, which it launched in 2021 as part of the company’s big gamble on virtual worlds. Meta Platforms will shut down its Horizon Worlds metaverse for virtual reality users in June, pivoting to a mobile-only experience as it retreats from the aggressive metaverse push...Continue Reading

CoinCarp data shows over 91% of TRUMP supply is concentrated in the top 10 wallets, and 97% is held by the top 100 wallets. The number of whale wallets holding more than one million of US President Donald Trump’s memecoin has surged to a five-month high after announcing a luncheon at his Florida home for...Continue Reading

SEC chair Paul Atkins says the regulator should review giving a range of exemptions to crypto companies to allow “bespoke pathways” to raise money. US Securities and Exchange Commission chair Paul Atkins says the agency should consider a “safe harbor proposal” to give crypto companies and some tokens a regulatory carveout. Atkins said in remarks...Continue Reading

Bitrefill didn’t reveal how much money was drained in the March 1 incident but said it will absorb the losses using its operational capital. Crypto e-commerce store Bitrefill has revealed it was the victim of a cybersecurity attack on March 1, with the methods used closely resembling those of Lazarus Group, North Korea’s notorious hacking...Continue Reading

The interpretative notice included information on token taxonomy and what digital assets the regulator would consider a security under federal law. In one of its first actions since signing a memorandum of understanding with the Commodity Futures Trading Commission (CFTC), the US Securities and Exchange Commission (SEC) said it would interpret how “non-security crypto assets”...Continue Reading