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Bitcoin mining stock report: Wednesday, October 26

Bitcoin mining stock report: Wednesday, October 26

Here’s how crypto mining companies performed on Wednesday, Oct. 26.

The post Bitcoin mining stock report: Wednesday, October 26 appeared first on The Block.

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Meta’s metaverse losses top $9.4 billion for the year

Meta’s metaverse unit Reality Labs lost $3.7 billion in the third quarter of this year.

The post Meta’s metaverse losses top $9.4 billion for the year appeared first on The Block.

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Mapping Out zkSync’s Ecosystem

Quick Take

  • zkSync is a Layer-2 scaling protocol aiming to offer cheaper and faster transactions for the Ethereum ecosystem
  • zkSync, which is currently in testnet, has raised $58m to date, in total, over three venture capital rounds
  • The Block Research noticed and mapped out 154 projects across 14 categories that are out-of-stealth

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Elon Musk visits Twitter headquarters ahead of acquisition

Elon Musk has officially stepped foot inside Twitter’s headquarters, posting a video of the moment to his account.

The post Elon Musk visits Twitter headquarters ahead of acquisition appeared first on The Block.

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Crypto platform Freeway says trading failure ‘dramatically impacted’ portfolio

Freeway pointed to “market volatility” and halted services on its crypto investment platform.

The post Crypto platform Freeway says trading failure ‘dramatically impacted’ portfolio appeared first on The Block.

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Derivatives exchange Kollider launches publicly after a $2.4 million seed round

Kollider’s derivatives exchange, which uses Bitcoin’s Lightning Network, was launched to the public Wednesday.

The post Derivatives exchange Kollider launches publicly after a $2.4 million seed round appeared first on The Block.

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Lens Protocol stalls services due to transaction issues

Polygon gas limits and a third-party relay contributed to an issue mining transactions for Lens Protocol, which said an update is coming soon.

The post Lens Protocol stalls services due to transaction issues appeared first on The Block.

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Glassnode acquires crypto tax and portfolio platform Accointing.com

Blockchain market intelligence provider Glassnode has acquired crypto tax and portfolio tracking platform Accointing.com

The post Glassnode acquires crypto tax and portfolio platform Accointing.com appeared first on The Block.

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Crypto traders hit by $1.2 billion worth of short liquidations since Tuesday

Short liquidations continued to plague traders on Wednesday as crypto prices ticked higher.

The post Crypto traders hit by $1.2 billion worth of short liquidations since Tuesday appeared first on The Block.

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Binance releases oracle service on BNB Chain, rivaling Chainlink

Crypto exchange Binance has released an oracle service called Binance Oracle, to link real-world data to blockchain applications.

The post Binance releases oracle service on BNB Chain, rivaling Chainlink appeared first on The Block.

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