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S&P Global Report: New Legislation Could ‘Boost’ US Stablecoin Landscape
25.4.2024
According to a report from S&P Global Ratings, the introduction of the Lummis-Gillibrand Payment Stablecoin Act on April 17, 2024, promises to significantly reshape the U.S. stablecoin market. Authored by Mohamed Damak and Andrew O’Neill, the report outlines the potential for enhanced...
Silksong Fans Won't Survive Another Round Of Disappointment
17.4.2024
Today, Wednesday, April 17, Nintendo held a short Indie World Showcase. The tension in the air was palpable long before it started, as fans thought this might finally be the showcase to give us the long-awaited indie Metroidvania Hollow Knight: Silksong—the follow-up to 2017’s critically acclaimed...
Star Wars Outlaws Is Getting Every Scoundrel’s Favorite Card Game
16.4.2024
The latest trailer for Star Wars Outlaws, Ubisoft’s upcoming open-world RPG set in a galaxy far far away, gave us a deeper dive into the story of protagonist Kay Vess, as well as an August 30 release date. In addition to the trailer, the game has also been rated by the Entertainment Software Rating...
What An ESRB Rating Means For Hollow Knight: Silksong
5.4.2024
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Hollow Knight Silksong’s April Fools’ Day Update Is Real
2.4.2024
This year, like every year, the gaming industry celebrated April Fools’ Day with a myriad of fake news to entertain fans. That included classic celebrations in Overwatch and the continuation of a tired trend by Palworld’s devs. But one of the most unexpected April Fools’ Day developments came from...
Joe Lieberman, Senator Who Crusaded Against Video-Game Violence, Dead At 82
28.3.2024
Joe Lieberman, a former U.S. senator who crusaded against violence in video games, has passed away at 82. According to a statement from his family, he suffered “complications from a fall.”Read more
Goldman Sachs Reevaluates Coinbase, Eyes Neutral Stance Amid Crypto Surge
8.3.2024
In a significant shift, Goldman Sachs has upgraded its rating on Coinbase shares from selling to neutral, citing a surge in crypto prices and record-breaking daily volumes. The adjustment to a $282 price target reflects the bank’s reassessment of the San Francisco-based crypto...
S&P Global Ratings Introduces Stablecoin Stability Assessment Rankings
13.12.2023
In a combination of both traditional and decentralized finance (defi) sectors, S&P Global Ratings has announced the launch of its stablecoin stability assessment. The latest tool aims to evaluate the ability of stablecoins to maintain their value relative to fiat currencies. New S&P...
Final Fantasy VII Rebirth Will Feature Bodacious Beach Bod, But Who?
13.11.2023
Final Fantasy VII Rebirth isn’t out until early next year, but ahead of the game’s launch it’s been rated and reviewed by the Entertainment Software Rating Board (ESRB). Turns out the Teen-rated RPG will contain a “bodacious beach bod.” The question is: Who’s rocking that body? Read more
Moody’s Downgrades US Credit Rating to ‘Negative’ on Fiscal Deficits and Debt Concerns
11.11.2023
The credit agency Moody’s has revised the United States credit outlook to “negative” from “stable” due to concerns over persistent large fiscal deficits and diminishing debt affordability. The announcement follows a previous downgrade by Fitch and reflects ongoing...
Egypt Becomes First MENA Country to Issue Chinese Yuan-Denominated Bonds
24.10.2023
Eygpt has reportedly become the first Middle East North Africa (MENA) region country to issue so-called “panda bonds” after it issued Chinese yuan denominated bonds worth $479 million. Issuing panda bonds marks another step in Egypt’s attempts to move away from costly dollar...
Modern Warfare III Lets You Kill Opponents With Weed
21.9.2023
Activison Blizzard’s Call of Duty: Modern Warfare III multiplayer, out worldwide on November 10, apparently lets you murder people with marijuana. The detail was revealed in the Entertainment Software Rating Board’s decision summary for marking the first-person shooter as “mature,” and it seems...
Awakening of a Bitcoin Giant: $30 Million in BTC Moved From Dormant Wallets After 6-Year Slumber
28.8.2023
In 2023, multiple dormant bitcoin transactions caught the public’s attention and made headlines. Sunday night marks another significant event after a ‘sleeping bitcoin’ whale from 2017 stirred, spending an impressive 1,177.89 BTC — worth more than $30 million —...
Personal Finance Expert Says US Rating Downgrade Likely to Embolden BRICS Currency Supporters
6.8.2023
The American rating agency Fitch’s recent downgrade of the United States’ credit rating from AAA to AA+ may embolden proponents of a BRICS currency, Riley Adams, a personal finance expert, has said. Adams however argues that there are certain “geopolitical issues” that must...
JPMorgan Economists Discard Prior Recession Prediction, Foresee US Economic Resilience
5.8.2023
JPMorgan’s economists have jettisoned previous predictions of an impending U.S. recession. Their chief U.S. economist, Michael Feroli, is confident that the American economy will maintain a modest but steady growth trajectory throughout the remainder of the current year and well into 2024....
Economist Expects US Rating Downgrade to Accelerate De-Dollarization Process
5.8.2023
Economists have warned about the adverse impact of Fitch’s U.S. rating downgrade on the dollar. One expects the downgrade to “accelerate” the process of de-dollarization globally. Another stated that it may be “a part of the gradual decline of the U.S. dollar system.”...
Economist Peter Schiff Warns US Dollar Collapse ‘Inevitable’
5.8.2023
Economist Peter Schiff has warned of an impending collapse of the U.S. dollar even though he sees Fitch’s downgrade of the U.S. rating this week as “meaningless.” While cautioning about a financial crisis and a crash, Schiff emphasized: “Given the trajectory of U.S....
Poll: Majority of Americans See US Economy in Decline
3.8.2023
Despite months of increasingly positive economic indicators, a majority of Americans still believe the economy is worsening, according to a new CNN poll. CNN Poll Reveals Majority See Worsening Economy The survey of 1,279 adults found that 51% think the U.S. economy remains in a downturn that...
White House, Yellen Slam Fitch’s US Rating Downgrade — Biden Officials Call It ‘Bizarre and Baseless’
3.8.2023
Fitch Ratings has downgraded the United States’ debt rating. Biden officials call the downgrade decision “bizarre and baseless.” Both the White House and U.S. Treasury Secretary Janet Yellen strongly disagreed with the downgrade decision. Yellen claimed that the change by Fitch Ratings...
Fitch Downgrades US Government’s Debt Rating – Does This Boost Crypto’s Use-case?
2.8.2023
In a surprise move, global rating agency Fitch downgraded the US government’s credit rating from AAA to AA+ on Tuesday.
In a report released on its website, the ratings agency cited expected fiscal deterioration over the coming three years, a high and growing government debt burden and “erosion...