Best crypto memes of the day – June 2nd

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• Meta’s Horizon Worlds expands its reach to mobile and web

  TL;DR Breakdown Meta’s Horizon Worlds now extends beyond VR, launching early access for mobile and web, with experiences like the game ‘Super Rumble leading the way. In a quirky yet essential update, Horizon Worlds avatars now feature virtual legs, addressing a previously noted omission. Description In an ambitious move to extend the reach of its metaverse, Meta, formerly known as Facebook, has announced the expansion of its Horizon Worlds from a purely virtual reality domain to a wider audience of smartphone and desktop users. This step, reflecting Meta CEO Mark Zuckerberg’s expansive vision for a more inclusive metaverse, comes at … Read more In an ambitious move to extend the reach of its metaverse, Meta, formerly known as Facebook, has announced the expansion of its Horizon Worlds from a purely virtual reality domain to a wider audience of smartphone and desktop users. This step, reflecting Meta CEO Mark Zuckerberg’s expansive vision for a more inclusive metaverse, comes at a time when tech enthusiasts and analysts closely watch the race to establish a dominant space in the virtual realm. Contents hide…

  Article 2023年9月16日

• UBS assessing results delay post-Credit Suisse takeover

  TL;DR Breakdown Swiss banking giant UBS is considering delaying its quarterly results until late August due to complexities from its acquisition of Credit Suisse. The results publication, along with an update on Credit Suisse’s domestic operations, might be deferred. The potential delay, hinted at in a notice on UBS’s website, reflects the magnitude and complexity of the merger. Swiss banking colossus, UBS, is reportedly mulling over the prospect of postponing its quarterly results until late August, as it grapples with the complexities arising from its acquisition of Credit Suisse. This information comes in light of a recent Financial Times report. The UBS leadership is said to be deliberating over deferring the results’ publication as well as providing an update on the future of Credit Suisse’s domestic operations. While these changes might be consequential for stakeholders, it’s crucial to remember that the bank’s planned April-June results are officially due on July 25. UBS: A possibility of change In a notice posted on the UBS website, the bank subtly hinted at the potential delay. The notice expressed that the intended date for…

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• Major U.S. banks lose $262 billion in deposits; Heartland Tri-State Bank collapses

  TL;DR Breakdown Major U.S. banks lost $262 billion in deposits in a year; regional banks gained customers. Heartland Tri-State Bank collapsed on July 28th; assets transferred to Dream First Bank, N.A. Despite deposit loss, major banks like JPMorgan still report substantial profits. Description The U.S. banking industry is experiencing a significant transformation as major banks lose customer deposits while smaller regional banks gain traction. The Federal Deposit Insurance Corporation (FDIC) recently announced the failure of Heartland Tri-State Bank of Elkhart, Kansas, on July 28, with all customer deposits transferred to Dream First Bank, National Association (N.A.), also based … Read more The U.S. banking industry is experiencing a significant transformation as major banks lose customer deposits while smaller regional banks gain traction. The Federal Deposit Insurance Corporation (FDIC) recently announced the failure of Heartland Tri-State Bank of Elkhart, Kansas, on July 28, with all customer deposits transferred to Dream First Bank, National Association (N.A.), also based in Kansas. Major banks witness sharp decline in deposits The four largest banks in the U.S., namely JPMorgan Chase, Bank of America, Citigroup, and…

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• Celsius and Core Scientific settle mining dispute with $45 million deal

  TL;DR Breakdown Celsius and Core Scientific have settled their long-standing mining dispute with a $45 million deal, which includes the acquisition of the Cedarvale mining site in Texas by Celsius. The settlement resolves months of legal battles and financial complications, including bankruptcy issues for both companies. The deal awaits court approval and is expected to significantly impact the future operations of both companies, potentially aiding in their respective restructuring and recovery efforts. Description In a significant turn of events, Celsius and Core Scientific have reached a $45 million settlement to resolve their long-standing mining dispute. The deal, described as “fair, equitable, and carefully negotiated,” puts an end to the protracted litigation between the two companies. The settlement also includes the acquisition of Cedarvale, an 85-acre mining site in … Read more In a significant turn of events, Celsius and Core Scientific have reached a $45 million settlement to resolve their long-standing mining dispute. The deal, described as “fair, equitable, and carefully negotiated,” puts an end to the protracted litigation between the two companies. The settlement also includes the acquisition of…

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• Double crisis hits Europe: Recession avoidable, expert claims

  TL;DR Breakdown Europe is grappling with a “double crisis”: Russia’s invasion of Ukraine and its subsequent economic impact. Despite these challenges, Europe secured alternative energy sources, reducing dependency on Russia. The euro zone reported a growth rate of 3.5% in 2022, surpassing the U.S. and China. Description Dark clouds loom over Europe as the continent grapples with what Paolo Gentiloni, the European Commissioner for economic affairs, describes as a “double crisis.” The dual threats—the full-scale invasion of Ukraine by Russia and the subsequent economic ramifications—are no mere trifles. While these geopolitical shockwaves reverberated globally, Europe, particularly Germany, felt the pinch more than … Read more Dark clouds loom over Europe as the continent grapples with what Paolo Gentiloni, the European Commissioner for economic affairs, describes as a “double crisis.” The dual threats—the full-scale invasion of Ukraine by Russia and the subsequent economic ramifications—are no mere trifles. While these geopolitical shockwaves reverberated globally, Europe, particularly Germany, felt the pinch more than most. Russia’s Shadow and Europe’s Resilience Russia’s aggressive stance in Ukraine last February sent shivers down the European spine, igniting…

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