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Sony President Promises Better PlayStation Quality Checks After Concord's Failure
8.11.2024
There have been two massive questions hanging over Concord, the expensive PlayStation 5 hero shooter that almost nobody played. The first one is: how did a game that wasn’t busted or terrible bomb so spectacularly? The second is: how did a game seemingly destined to fail get through Sony’s quality...
Public Records Inquiry Reveals the Failure of Salvadoran Bitcoin Millionaire Investor Visa Program
29.10.2024
A recently disclosed public records request reveals contradictions between the number of visas issued under the ‘Adopting Bitcoin’ program, which allowed millionaires to acquire Salvadoran nationality, and the numbers publicly disclosed on social media. Public Records Investigation...
A Video Game Flopped Harder Than Anything At The Box Office This Year, And The Mainstream Press Barely Noticed
18.10.2024
In the summer of 2024, an entertainment project went more spectacularly wrong than possibly any entertainment project in human history. A venture that cost an approximated $400 million, and is thought to have made back only $1 million, representing a flop that dwarfs the likes of movie disasters...
Will $CATS Follow Hamster Kombat’s Failure?
8.10.2024
The highly anticipated listing of the $CATS token is scheduled for today, sparking excitement and speculation within the…
FTX’s Downfall Couldn’t Have Happened Without SBF’s Fraud – Or Prager Metis’ Audit Failure
23.9.2024
FTX’s auditor recently agreed to settle misconduct charges with the SEC. Jack Castonguay says auditors working with the crypto industry should take notice
After Friend.tech’s failure, SocialFi must ‘cross the chasm’ to succeed
23.9.2024
In the wake of Friend.tech’s collapse, Cointelegraph spoke with industry leaders to find out what went wrong and what comes next
After Friend.tech’s failure, SocialFi must ‘cross the chasm’ to succeed
23.9.2024
In the wake of Friend.tech’s collapse, Cointelegraph spoke with industry leaders to find out what went wrong and what comes next
Why Socialism Fails: A Misesian Perspective
2.9.2024
Socialism, despite its promises of equality and social welfare, inherently fails due to its inability to perform economic calculation and its reliance on coercive control over the means of production. Ludwig von Mises, in his seminal work “Socialism: An Economic and Sociological...
Concord: what its failure says about game discovery in 2024
30.8.2024
Also: this week's successful launches, and lots of other news
Microsoft Windows data blackout downs major financial firms, airlines
19.7.2024
Global Microsoft Windows failure possibly linked to a CrowdStrike software update has disrupted critical services worldwide, hitting banks with widespread online banking outages and grounding flights
Paxful co-founder Schaback faces 5 years jail, admits AML failure
9.7.2024
Artur Schaback, one of the co-founders of crypto exchange Paxful, has agreed to a plea deal with U.S. prosecutors that could see him locked up for five years
Watch these Bitcoin price levels next as $52K supertrend risks failure
5.7.2024
Bitcoin is challenging multi-month lows, and now risks violating support, which has sustained the entire BTC price bull run
McDonald's Drive-Thru AI Is McCanceled
19.6.2024
AI is such big business right now it’s propelled Nvidia, that company that you once knew for making your GeForce graphics cards, to becoming the biggest business in the world. And yet the technology is so far next to useless in all but the most specific circumstances. For example, McDonald’s...
Thai SEC revokes Zipmex’s licenses after failure to comply with orders
11.6.2024
Thailand’s Finance Minister determined the cryptocurrency exchange was “still in contravention” of orders imposed by the SEC in February
The Star Wars Hotel Failure Was Just A Real-Life Bad Video Game Launch
4.6.2024
Unless you’ve been living under a rock on Exegol for the last month, you’ve probably heard of YouTuber Jenny Nicholson’s viral, four-hour-long video reviewing the Star Wars hotel, officially known as Star Wars: Galactic Starcruiser. Titled “The Spectacular Failure of the Star Wars Hotel,” it goes...
Ex-Kansas Bank CEO Pleads Guilty to Embezzling $47M in Crypto Scheme
24.5.2024
Now-failed Heartland Tri-State Bank CEO Shan Hanes squandered millions in cryptocurrency, leading to the bank’s failure in July 2023.
The post Ex-Kansas Bank CEO Pleads Guilty to Embezzling $47M in Crypto Scheme appeared first on Cryptonews
Former Bank CEO Pleads Guilty to Embezzling $47M to Buy Crypto, Leading to Bank Collapse
24.5.2024
Former Heartland Tri-State Bank CEO Shan Hanes pleaded guilty on Thursday to embezzling $47.1 million for personal cryptocurrency purchases, leading to the bank’s collapse. From May to July 2023, Hanes executed at least 10 wire transfers from the Elkhart-based bank to cryptocurrency accounts....
FalconX Settles With CFTC for $1.8M Over Failure to Register as Futures Commission Merchant
13.5.2024
FalconX will pay $1.8 million to settle newly-announced charges from the Commodity Futures Trading Commission (CFTC) that the crypto trading firm violated commodities laws by failing to register as a futures commission merchant (FCM), according to a Monday announcement from the regulator
Digitex Founder Pleads Guilty to Failure in Anti-Money Laundering Program Implementation
8.5.2024
The U.S. Attorney’s Office for the Southern District of Florida said Todd pleaded guilty to “willfully causing” Digitex to violate the Bank Secrecy Act.
The post Digitex Founder Pleads Guilty to Failure in Anti-Money Laundering Program Implementation appeared first on Cryptonews
Ore wins Solana hackathon despite disrupting Solana’s network in April
7.5.2024
A sudden rise in Ore mining transactions was one of the main culprits behind Solana’s April congestion issue where up to 70% of non-vote transactions were being rejected