
Meta to shutter Horizon Worlds metaverse on VR in favor of mobile
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.
Latest updates from the world of Crypto.

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.

Is the SEC's current strategy of 'no-action' letters creating a fragmented and uneven playing field for crypto innovators? Coin Center, a leading crypto policy think tank, argues the SEC needs to shift gears and prioritize clear, overarching regulations to foster a fair and transparent market.

The Securities and Exchange Commission is considering establishing 'safe harbor' exemptions for cryptocurrency companies, potentially offering a pathway to regulatory clarity and fostering innovation. This move could significantly alter the landscape for crypto startups seeking to raise capital within the US.

In a closely watched Illinois Senate primary, Lieutenant Governor Juliana Stratton secured a decisive victory over Representative Raja Krishnamoorthi, despite a massive influx of crypto-backed funding supporting her opponent. The outcome signals a potential shift in the influence of digital currency interests in state-level elections.

Cryptocurrency e-commerce platform Bitrefill has confirmed a sophisticated cyberattack, pointing fingers at the notorious North Korean hacking collective, Lazarus Group. The breach exposed sensitive customer purchase records and led to a loss of funds, highlighting the persistent vulnerability of even security-conscious crypto businesses.

In a move signaling a potentially seismic shift in cryptocurrency oversight, the SEC has indicated it will treat the majority of crypto assets as non-securities under federal law. This interpretive guidance, a first step since collaborating with the CFTC, aims to clarify the regulatory landscape amidst ongoing legislative efforts to define digital asset market structures.

Negotiations surrounding the stalled crypto market structure bill in the Senate have shown signs of progress, potentially paving the way for new regulations. Senator Tim Scott indicated that a revised draft, addressing key issues like stablecoin yield, could emerge soon, signaling a potential breakthrough in the long-standing legislative stalemate.

In a move that could reshape institutional finance, Moody's is now delivering its trusted credit ratings directly onto the blockchain. This pioneering integration with the Canton Network marks a significant step towards bridging traditional risk assessment with the burgeoning world of decentralized finance.

Bitcoin's recent surge is facing a crucial test as the Federal Reserve prepares to announce its latest interest rate decision. Investors are keenly watching for signals about future monetary policy, with implications for both crypto and traditional markets. The Fed's stance on inflation, particularly in light of rising oil prices, will be pivotal.

The U.S. Securities and Exchange Commission has finally delivered much-anticipated clarity on crypto regulation, issuing a comprehensive framework that categorizes digital assets and specifies which fall under securities laws. This move, a significant departure from previous ambiguity, aims to foster innovation while safeguarding investors.

Bitcoin's resurgence above $70,000 is putting spot Bitcoin ETF investors on the cusp of profitability, potentially reigniting the crypto bull market. On-chain metrics and exchange data are aligning, suggesting a shift from selling pressure to renewed accumulation. Is this the start of the next major surge?

The era of simply hoarding Bitcoin and watching valuations swell is over for publicly traded treasury companies. A significant market correction is forcing these firms to evolve beyond passive accumulation and embrace sophisticated strategies to generate real returns, or face obsolescence. The future belongs to those who treat Bitcoin as a productive asset, not just a speculative one.

In a bold move signaling unwavering faith in Bitcoin, Strategy has significantly altered its funding model. The company is now primarily leveraging its perpetual preferred stock to fuel its aggressive Bitcoin accumulation strategy, potentially reshaping its financial landscape.

In a significant victory for the Solana-based wallet, Phantom has received a crucial no-action letter from the CFTC. This regulatory green light allows Phantom to integrate access to regulated derivatives markets directly within its platform, marking a potential turning point for user access to sophisticated crypto financial products.

In a monumental move signaling the growing convergence of traditional finance and the digital asset space, Mastercard is set to acquire stablecoin infrastructure provider BVNK for a potential $1.8 billion. This acquisition positions Mastercard at the forefront of integrating blockchain-based payment systems, paving the way for wider adoption of stablecoins and tokenized deposits.

Bitcoin is locked in a fierce struggle around the $70,000 mark, testing the resolve of buyers against a backdrop of global uncertainty. Will Bitcoin solidify its gains, or will macro anxieties trigger another downturn? Analysts are closely watching key support levels and geopolitical events for clues.

The 2026 Iran conflict tested the mettle of both gold and Bitcoin as safe-haven assets. While gold initially saw a surge in demand, its gains were quickly curtailed by a strengthening US dollar, highlighting the dominance of traditional macroeconomic forces. Bitcoin, on the other hand, exhibited volatility but rebounded, showcasing its potential as an alternative asset, though its safe-haven properties remain nascent.

The audacious forecast of Bitcoin reaching $1 million has resurfaced, fueled by projections of its potential dominance in the global store-of-value market. While experts generally agree on the long-term possibility, debates rage about the timeline and the catalysts that could propel it to such heights.

Argentine President Javier Milei's past promotion of the Libra token is facing renewed scrutiny. A draft document, allegedly linked to Milei's endorsement, hints at a potential $5 million agreement, raising questions about undisclosed financial incentives.

The next trillion-dollar payments network won't have a checkout page. No card number, no CVV, no human at the keyboard. Just machines paying machines, thousands of times a second, for fractions of a cent.

The era of widespread altcoin rallies may be over, with market dynamics shifting towards Bitcoin, Ether, and tokenized real-world assets. Experts warn of a 'casino-style' future for many altcoins as liquidity dries up and institutional investors prioritize established cryptocurrencies and yield-generating instruments.

The Ethereum Foundation strategically offloaded 5,000 ETH to BitMine in a $10.2 million OTC deal, signaling a proactive approach to treasury management. This move aims to bolster core operations, research initiatives, and community development within the Ethereum ecosystem.

Bitcoin is navigating a complex landscape around the $71,000 mark, with large holders strategically increasing their positions. Data suggests a potential market bottom could be forming, contingent on a shift in retail investor behavior, highlighting the delicate balance between institutional and individual sentiment in the crypto market.

Bitcoin initially faltered amidst escalating geopolitical tensions between the U.S. and Iran, but it has since demonstrated remarkable resilience. Surpassing gold, equities, and even some commodities in performance, Bitcoin is showcasing its unique role as a rapid shock absorber in volatile global markets.

The CLARITY Act, designed to provide much-needed regulatory guidelines for the burgeoning crypto sector, faces a critical juncture. Industry insiders warn that failure to advance the legislation by the end of April significantly diminishes its prospects of passage in the foreseeable future, potentially delaying regulatory certainty for years.

A potential overhaul of Basel III regulations in 2026 could dramatically alter the landscape for Bitcoin and banking. Market observers suggest a revised risk weighting for Bitcoin could unleash substantial liquidity into the cryptocurrency market, potentially reshaping institutional investment strategies.

Austrian crypto firm Bitpanda is charting a new course for global expansion, shifting its focus from direct user acquisition to empowering established financial institutions with its crypto infrastructure. This strategic pivot, coupled with a keen eye on tokenization, positions Bitpanda for a potential IPO and long-term leadership in the evolving digital asset landscape.

Cardano’s founder recently made an argument about hyperscalers that needs to be addressed, says Fan.

Escalating tensions in the Middle East are causing a domino effect, forcing the postponement and cancellation of major events, including key crypto conferences and Formula 1 races. The turmoil casts a shadow over lucrative crypto sponsorships within F1, raising questions about their future effectiveness and reach in the region.

The Ethereum Foundation has strategically offloaded a portion of its Ether holdings in a significant transaction with Bitmine, a leading crypto treasury firm. This move underscores the Foundation's commitment to balancing its crypto assets with fiat reserves to ensure long-term operational stability and continued support for the Ethereum ecosystem.