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Former Cred execs face wire fraud and money laundering charges
4.5.2024
After attending their initial court appearance on May 2, the former CEO and CFO of Cred must enter their plea on May 8
FBI busts $43M crypto and Las Vegas hospitality Ponzi scheme
2.5.2024
The FBI arrested a New York resident for defrauding investors of at least $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality business and crypto trading operation
Bitcoin 4% dip may ‘panic’ short-term holders as price falls below average cost
2.5.2024
Bitcoin short-term holders are currently holding a 3% unrealized loss but it “isn’t the end of the world,” according to a crypto analyst
Video Game Adaptations Keep Coming As A Hit Indie Shooter Gets A Movie
22.4.2024
El Paso, Elsewhere, an indie third-person neo-noir shooter heavily inspired by Max Payne, is the latest video game getting a Hollywood adaptation. And while it’s surprising to see a smaller, indie game get a movie, El Paso, Elsewhere is a perfect candidate for a film adaptation. Read more
Will Smith Zombie Game No One Has Heard Of Bombs
22.3.2024
Undawn is a zombie survival shooter that launched in June 2023 on mobile and PC, but I don’t blame you for knowing anything about it. According to Reuters, the game, which appears to have been on very few people’s radar, didn’t perform well for Chinese conglomerate Tencent, despite Oscar-winning...
Coinbase Gets Another Upgrade, This Time at Raymond James, as Bears Capitulate
12.3.2024
The brokerage firm lifted its rating on the crypto exchange’s shares to market perform from underperform
Report: Global Crypto Investments Surge to Record $2.7 Billion in Weekly Inflows
11.3.2024
In an unprecedented surge, global crypto investment products experienced a historic influx of $2.7 billion last week, signaling strong confidence among investors and propelling assets under management (AUM) back to December 2021 levels. Record $2.7 Billion Flows Into Crypto Investments in...
Report: DCG, Barry Silbert Seek Dismissal of NYAG Lawsuit, Citing ‘Baseless Innuendo’ and Integrity in Operations
6.3.2024
Digital Currency Group (DCG) has submitted a request to the court to drop the legal action taken against it by New York Attorney General Letitia James. DCG argues that it’s “wrongfully” depicted and maintains that the lawsuit is nothing but a “thin web of baseless innuendo.” DCG Challenges...
Coin-for-Coin Payback — Gemini Announces Full Recovery of Crypto Assets for Earn Users After Genesis Settlement
1.3.2024
Gemini has reached a settlement with Genesis and other creditors within the Genesis bankruptcy proceedings, promising a full in-kind return of digital assets to Earn program users. This resolution, pending bankruptcy court approval, signifies a major victory for users, with over $1.8 billion...
*That* Borderlands Movie Trailer, A Nintendo Direct, And More Of What Went Down This Week
24.2.2024
As yet another week passes, we get more proof that 2024 is shaping up to be a very busy year in gaming—if not for game releases, then certainly for big stories around game exclusivity, adaptions, and, as always, streamers. This week we got our first look at the highly anticipated Borderlands movie...
MrBeast Is Visiting Walmarts And Forcing Them To Restock His Candy Bars
20.2.2024
James Donaldson, aka MrBeast aka that YouTuber who does weird charity videos aka that guy who sold me a terrible burger, is apparently visiting Walmarts and forcing employees to let him explore their storage areas and then making them restock his candy bars. Read more
Crypto Funds See Record $2.45 Billion Global Inflows in a Single Week: Coinshares
19.2.2024
In an unprecedented surge, crypto funds around the globe registered record inflows totaling $2.45 billion last week, marking a significant uptick in investor interest. This influx has propelled the total assets under management (AUM) back to levels not seen since December 2021, signaling a strong...
Report: Spot Bitcoin ETFs Lead Crypto Investment Surge With Record Inflows
13.2.2024
In a recent turn of events, spot bitcoin exchange-traded funds (ETFs) emerged as the market leaders in the realm of cryptocurrency investment products last week. According to a recent report by Coinshares, these funds attracted $1.1 billion in inflows, marking the highest assets under management...
Court Filing Shows Genesis Settled With NYAG, Aims to End Crypto Lending Platform Dispute
10.2.2024
After settling with the U.S. Securities and Exchange Commission (SEC), Genesis Global has reportedly reached an agreement to settle with the Office of the New York Attorney General. The official had accused the company, along with its parent company Digital Currency Group and Gemini, regarding...
New York Expands Fraud Case Against Digital Currency Group to $3 Billion
9.2.2024
New York Attorney General Letitia James has amplified its fraud case against Digital Currency Group (DCG), now saying the company is responsible for $3 billion in investor losses tied to the Gemini Earn product and to direct investments with Genesis, according to a new court filing
Dune 2 Director Loves The Ornithopter Lego Set As Much As We Do
7.2.2024
Denis Villeneuve got deadly serious when io9 mentioned the Dune Lego set to him. “I’ll be honest with you,” the director of Dune: Part Two said. “Probably I’m making movies because first I was a hardcore Lego player. I’m from that first generation where it was just bricks, right? I went to a...
2000s Video Game Launch Parties Are A Wild Millennial Time Capsule
6.2.2024
In that strange time period nestled between 9/11 and the Obama administration, the video game industry—specifically the console market—thrived in previously unimaginable ways. With Microsoft and Sony raking in numbers worthy of massive Hollywood production companies and global theater chains,...
Bitcoin ETFs See $700M Net Inflows as BlackRock, Fidelity Gains Offset GBTC Outflows: CoinShares
5.2.2024
New U.S. bitcoin ETFs have amassed $7.7 billion in funds since debut, offsetting the $6 billion outflows from incumbents, according to CoinShares data
Some Retailers May Be Done Selling Physical Xbox Games
2.2.2024
Preservation is a nightmare in the games industry, especially as some 87 percent of retro games are swiftly vanishing with the passing of time and many recent games get unceremoniously killed off for…reasons. It seems things may only get worse before they get better, as there are now indications...
Suicide Squad’s First 12 Hours Include Great Action, But A Lot Of Filler
1.2.2024
Suicide Squad: Kill The Justice League isn’t the game a lot of Arkham fans wanted. It’s also yet another live-service video game, something that folks are less and less excited about with each passing year. And it’s not had great previews or trailers. But, I’ve enjoyed Rocksteady’s past games a...