q3 2022 – DIGIT INFO

GameStop to drop crypto efforts as Q3 losses near $95M

DIGIT — Fri, 09 Dec 2022 03:00:32 +0000

The gaming company has stopped its cryptocurrency-related focuses but is seemingly still pushing ahead with its NFT and blockchain plans.

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Data From October Shows Gold Reserves Held by Central Banks Tapped the Highest Level in 47 Years

DIGIT — Wed, 07 Dec 2022 17:00:20 +0000

Following the World Gold Council’s (WGC) third-quarter report that shows central banks purchased a record amount of gold, data released by the WGC shows that central banks are buying more gold during 2022’s fourth quarter. Statistics show that the gold held by the world’s central banks is at the highest level since 1974. Central Banks […]

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Solana-Based Lending App Solend Gets Hacked for $1.26 Million in ‘Oracle Attack’

DIGIT — Wed, 02 Nov 2022 16:30:55 +0000

The Solana-centric lending application Solend lost $1.26 million in an oracle attack, according to Solend’s official Twitter account on Wednesday. A number of affected pools were disabled, and Solend says it has given crypto exchanges the exploiter’s address. Solana Defi Application Solend Loses $1.26 Million in Oracle Exploit The crypto community has seen two significant […]

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Central Bank Gold Buys This Year Reach an All-Time Quarterly High in Q3, 400 Tons Purchased Is the ‘Most on Record’

DIGIT — Wed, 02 Nov 2022 11:30:01 +0000

According to the World Gold Council’s (WGC) latest quarterly report, worldwide gold demand, excluding over-the-counter (OTC) markets, was 28% higher year-over-year. While demand jumped higher than last year in the third quarter, central bank gold buying tapped an all-time quarterly record in Q3 2022. The quarterly report indicates that the world’s central banks purchased close […]

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Metaverse losses top $3.6B for Meta with spending set to increase

DIGIT — Thu, 27 Oct 2022 02:34:48 +0000

The tech giant is just over $500 million away from topping its more than $10 billion Metaverse department losses in 2021, but it said its spending will only grow next year.

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