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Imminent BTC Supply Squeeze: Bybit Report Suggests Bitcoin Exchanges to Run Dry in 9 Months
16.4.2024
As the crypto landscape evolves, a significant tightening in bitcoin’s available supply on exchanges has emerged, hinting at just nine months of reserves left. Bybit’s latest halving report unveils the reasons behind this tightening grip, indicating a looming scarcity that could...
How To Unlock (And Win) FF7 Rebirth’s Crunch-Off Mini-Game
27.3.2024
Final Fantasy VII has been incorporating exercise mini-games ever since the original 1997 release challenged Cloud to pull off some competitive squats. Those returned in 2020’s Final Fantasy VII Remake, with pull-ups tossed in for good measure. Rebirth keeps things going by also introducing a...
GTA 6 Production Reportedly Falling Behind, Rockstar Urges Staff To Return To Office To Avoid Delay
22.3.2024
Grand Theft Auto VI is likely one of the most anticipated games in history, with millions of players around the world waiting for any scrap of info or screenshot of the upcoming open-world crime simulator. However, as remote workers struggle with an unwanted return-to-office mandate from Rockstar...
The Last Of Us Part II Is Finally Getting Its Making-Of Documentary
25.1.2024
Back in 2013, Naughty Dog released a documentary about the making of The Last of Us called Grounded: Making The Last of Us. It was originally included as part of the game’s season pass, then later released online. It’s a great documentary. Sure, it’s a bit of a puff piece, but it’s still one of...
Crypto Exchanges Face Historic Liquidity Crunch Ahead of Bitcoin Halving
30.10.2023
About 60,000 bitcoins valued at just over $2 billion were removed from trading platforms in the past 90 days. The number of bitcoins on centralized exchanges is slightly more than 2 million. A recent report from Falconx says swings in the market have been exacerbated by a persistent lack...
Report: Awful King Kong Game Was Made In A Year By Overworked Devs
20.10.2023
Skull Island: Rise of Kong was released earlier this week and was quickly derided as one of the worst games of 2023. What happened? Well, a new report claims it was made by a small team of developers on a tight budget in just one year, putting the studio in a situation where making something good...
Cyberpunk 2077 Dev Says The Game Was A Lesson In Avoiding Crunch
16.10.2023
Callous, crunch-heavy work culture keeps shaking the games industry, but it seems like some developers are at least trying to safeguard against it. Colin Walder, a CD Projekt Red engineering director with over a decade of AAA audio programming experience, discussed game industry leadership during...
Economist Steve Hanke Warns of an ‘Ugly’ Recession Looming and Accuses Federal Reserve of Directionless Policies
17.6.2023
Steve Hanke, an economist and professor of Applied Economics at Johns Hopkins University, as well as a former member of Ronald Reagan’s Council of Economic Advisors, recently expressed his belief that the U.S. Federal Reserve is lacking direction and “doesn’t know what it is doing.” Hanke...
JPMorgan Boss Warns ‘Everyone Should Be Prepared’ for Interest Rates ‘Going Higher From Here’
23.5.2023
JPMorgan Chase, the largest bank in the United States, held its investor day event on Monday, where CEO Jamie Dimon answered questions from analysts and journalists. Despite market expectations of a rate hike pause, Dimon cautioned that people “should be prepared for rates going higher from here.”...
Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals
18.5.2023
Investors, plagued by mounting pessimism, have sought refuge in cash, according to a recent survey conducted by Bank of America. The survey highlights a notable 5.6% increase in cash reserves during May, as apprehensive investors brace themselves for a potential credit crunch and a recession....
Explaining ‘Bank Walks’ — Study Assesses How They Might Affect Credit
11.4.2023
Bank walks are a new liquidity movement phenomenon identified by analysts, characterized by a slow drift of deposits to take advantage of better yield opportunities. Such “walks” might prove to be pernicious to the banking system, as they cannot be stopped and have effects on credit...
‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks
3.4.2023
Economist Nouriel Roubini has shared his opinion about bank problems in the United States in a recently published opinion editorial. In the article, Roubini insists that “most U.S. banks are technically near insolvency, and hundreds are already fully insolvent.” Roubini:...
Mike Novogratz Warns of Credit Crunch in US and Globally — Expects Fed to Cut Rates ‘Sooner Than We Think’
19.3.2023
Galaxy Digital CEO Mike Novogratz has warned of a credit crunch in the U.S. and globally. Emphasizing that “we are heading into a recession,” he expects the Federal Reserve to cut interest rates “sooner than we think.” Novogratz on Global Credit Crunch and Recession...
US credit crunch means it’s time to buy gold and Bitcoin: Novogratz
16.3.2023
The Galaxy Digital CEO predicts tough times ahead for the U.S. economy, but continues to be bullish on crypto
So, You Wanna Take Down Pokémon Scarlet And Violet’s Elite Four
23.12.2022
Defeating the Elite Four and the regional champion in battle is a rite of passage in most Pokémon games, and that includes Scarlet and Violet. These are supposed the most-powerful Pokémon trainers in the Paldea region, and overcoming them and their teams is the only way to become the regional...
CoinList addresses 'FUD' on withdrawals, cites technical issues for delays
25.11.2022
CoinList blamed “custodian issues” with one suffering an outage affecting “many tokens” on the platform as the reason for reported withdrawal problems
SEC, DOJ Investigate FTX — Regulators Suspect Crypto Exchange Mishandles Customer Funds
11.11.2022
The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) are reportedly investigating cryptocurrency exchange FTX. The crypto firm is suspected of mishandling customer funds and breaking securities laws. Regulatory probes are among the key reasons why Binance walked...
Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’
9.11.2022
Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not master plan this or anything related to it,” he told the Binance team, reminding them not to trade the FTX token (FTT) as the due diligence for the acquisition is still ongoing....
Report: FTX CEO Told Staff Crypto Exchange ‘Effectively Paused’ Withdrawals
8.11.2022
According to a report shared by an FTX staff member, prior to Binance announcing it would acquire the exchange, CEO Sam Bankman-Fried explained that in 72 hours FTX saw roughly $6 billion in withdrawals. Furthermore, the staff member’s account notes that withdrawals on the exchange FTX.com...
CZ Says Binance Intends to ‘Fully Acquire FTX,’ Sam Bankman-Fried Confirms Transaction
8.11.2022
After all the speculation surrounding the crypto exchanges Binance and FTX, Binance CEO Changpeng Zhao (CZ) revealed that his company is set to acquire FTX. CZ detailed that FTX asked for help and noted there is a “significant liquidity crunch.” FTX CEO Sam Bankman-Fried has confirmed...