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Polimec positioned on Polkadot for initial project rating


Polimec, a decentralized and community-oriented funding parachain, has been formally positioned on Polkadot to kick start its initial project appraisal, as per its brief release to CryptoState.  The platform is involved in rating Web3-related projects for prospective fundraising initiatives....

S&P Global Report: New Legislation Could ‘Boost’ US Stablecoin Landscape


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


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


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...

Tekken 8 Players Drag Steam Rating Down After Battle Pass Woes


The honeymoon phase for Tekken 8 players has ended. After all he positive buzz Bandai Namco’s latest 3D brawler received following its January 26 launch, the game is slowly spiraling down the drain as its Steam rating has dropped from “mostly positive” to “mixed” now that its controversial battle...

Hollow Knight Silksong’s April Fools’ Day Update Is Real


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...

Goldman Sachs Reevaluates Coinbase, Eyes Neutral Stance Amid Crypto Surge


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...

Russia’s FATF Rating Downgraded Over Crypto Regulation Shortfalls


The Financial Action Task Force (FATF) has lowered Russia’s rating owing to insufficient oversight of cryptocurrencies, as indicated by regional coverage. According to RBC, this downgrade highlights escalating worries about the country’s capacity to oversee and mitigate dubious...

S&P Global Ratings Introduces Stablecoin Stability Assessment Rankings


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...

Stablecoin Tether Receives ‘Constrained’ Rating from S&P Global


Source: AdobeStock American credit ratings firm S&P Global Inc. said it has started assessing the ability of Tether (USDT) to maintain its peg to the U.S. dollar marking it at a ‘constrained’ rating of 4. Stablecoins are a cryptocurrency whose value is usually pegged to a fiat currency...

Bitcoin’s Difficulty Drops for First Time Since September


The latest figures reveal that on Dec. 9, 2023, at block height 820,512, Bitcoin experienced a 0.96% decrease in its difficulty rating. This decline marks the first since Sept. 19, 2023, interrupting a streak of six successive difficulty hikes. Concurrently, Bitcoin’s total hashrate...

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