On October 26th, Meta's metaverse department Reality Labs reported an operating loss of $3.74 billion in the third quarter, with a cumulative loss of nearly $25 billion since the beginning of 2022. Reality Labs also stated that its operating losses in VR/AR will increase significantly year-on-year due to ongoing product development and investments to further expand the ecosystem.
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Metaverse division Reality Labs' third-quarter operating loss reached $3.74 billion
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BTC falls below $57,000
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BlackRock BUIDL reaches $375 million, surpassing Franklin Templeton to become the largest tokenized Treasury fund
CoinDesk, on-chain data shows that BlackRock's BUIDL fund grew by $70 million last week, bringing its total size to $375 million, surpassing Franklin Templeton to become the largest tokenized government bond fund. -
Hong Kong spot Bitcoin and Ethereum ETFs have a half-day trading volume of more than $6.3 million after listing
According to data from the Hong Kong Stock Exchange, six new Bitcoin and Ethereum exchange-traded funds (ETFs) traded approximately HKD 49.4 million (approximately USD 6.3 million) on the first trading day of the week on Tuesday. In contrast, when 11 spot Bitcoin ETFs began trading in the United States in January of this year, their first day's trading volume reached approximately USD 4.6 billion. -
Bitcoin spot ETF total net asset value is $52.209 billion
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In the past 24 hours, the entire network has liquidated $142 million
According to Coinglass data, there were liquidations of $142 million in the past 24 hours, with long positions liquidated at $92.383 million and short positions liquidated at $49.93 million. Among them, BTC liquidated $6.6066 million. -
Ethereum stablecoin transaction volume exceeds $1 trillion so far in April, setting a new record
On April 29th, The Block data shows that as of April 28th, the trading volume of stablecoins on the Ethereum blockchain reached a record high of $1.08 trillion in April, with DAI trading volume ranking first at $578.07 billion, followed by USDC at $268.15 billion in second place, and USDT at $198.62 billion in third place. -
The total open interest of BTC contracts on the entire network dropped to $29.83 billion
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An independent Bitcoin miner obtained the entire 3.125 BTC block reward by verifying block 841,286
On April 29th, independent mining pool ckpool's software engineer and administrator Con Kolivas posted on social media that a miner had mined the 282nd independent block in Bitcoin history. The miner's computing power at the time was about 120PH, which is equivalent to about 0.12 EH, with an average of about 12 PH per week, accounting for about 0.02% of the total network hash rate. -
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“When you’re young, you look at television and think, There’s a conspiracy. The networks have conspired to dumb us down. But when you get a little older, you realize that’s not true. The networks are in business to give people exactly what they want. That’s a far more depressing thought. Conspiracy is optimistic! You can shoot the bastards! We can have a revolution! But the networks are really in business to give people what they want. It’s the truth.” - Steve Jobs
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