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Facebook Parent Meta’s Metaverse Unit Lost $13.7B Last Year

According to its earnings release Wednesday, Meta Platforms (META)'s Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations, lost $13.7 billion in 2022. "The Hash" panel discusses the outlook for Meta's metaverse ambitions.

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Oxhead Alpha President on Blockchain Outlook

Oxhead Alpha president Andrew Smith discusses his outlook on blockchain adoption and research as policymakers, including California's Governor Newsom, continue to explore their approach to crypto regulation.

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How California's DMV Aims to Modernize Car Title Management Via Tezos

Oxhead Alpha is partnering with California's DMV with the aim of modernizing vehicle titling solutions based on the Tezos blockchain. Andrew Smith of Oxhead Alpha explains the choice behind Tezos, referencing the blockchain's governance structure.

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Market Is Revisiting Pre-Pandemic Sentiment: Portfolio Manager

In his post-FOMC meeting press conference, Federal Reserve Chair Jerome Powell said the disinflationary process has started. NewEdge Wealth Senior Portfolio Manager weighs in on that statement, saying, "not this year, maybe not even next year, but the year after we'll be in some mild deflation scenario."

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Sam Bankman-Fried Barred From Contacting FTX Employees, Using Signal

A New York judge has prohibited Sam Bankman-Fried from attempting to contact any former or current employees of Alameda Research or FTX. Bankman-Fried has also been prohibited from using Signal or other ephemeral messaging applications. Hodder Law Firm Founder and Managing Partner Sasha Hodder discusses the feasibility of enforcing this ruling.

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Bitcoin Flirting With $24K After Fed’s Rate Hike

Bitcoin (BTC) is testing the $24,000 level as traders react to another rate hike of 25 basis points from the Federal Reserve. NewEdge Wealth Senior Portfolio Manager Ben Emons discusses bitcoin's price action and Fed Chair Jerome Powell's statement that the "disinflationary process" has started.

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India’s Budget Disappoints

India instituted a 30% tax on profits and a 1% tax deducted at source (TDS) on all transactions for the crypto sector last year. Traders' hopes of the tax change in 2023 dashed. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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Sen. Tim Scott To Unveil Priorities for Bipartisan Crypto Regulatory Framework: Report

U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee, will release his priorities for a bipartisan regulatory framework for cryptocurrency today, according to Politico. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the details and how it could pave the way for future crypto legislation. 

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How California’s DMV Is Utilizing Blockchain Technology

Oxhead Alpha is partnering with California's DMV with the aim of modernizing vehicle titling solutions based on the Tezos blockchain. Oxhead Alpha president Andrew Smith discusses what this means for car owners and the registration process, and why the Tezos blockchain was chosen.

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Understanding Decentralized Social Media Project Nostr's Damus

Jack Dorsey-backed decentralized social media project Nostr has launched its Damus mobile app on Apple's app store, which some bitcoiners say could replace Twitter as the next censorship-resistant global social network. CoinDesk Executive Director of Global Content Emily Parker discusses what we know so far.

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