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Bank of America Market Strategist Says ‘Summer Rally Is Over’ as Crypto and Stocks Slide Ahead of Fed Rate Hike This Week
19.9.2022
Digital currency markets, precious metals, and stocks dropped another leg down on Monday following the drop markets saw last Tuesday. Last week’s fall was one of the worst weeks in more than three months as market strategists believe a sizable Fed rate hike is coming this week. Bank...
PGA Tour Links With Autograph for Multi-Year NFT Platform Partnership
19.9.2022
The multi-year tie-up will lead to NFT content created from the PGA’s archive of videos and player data. The new NFT platform is set to launch sometime in early 2023
Bitcoin, Ethereum crash continues as US 10-year Treasury yield surpasses June high
19.9.2022
On-chain and technical indicators also hint at more pain for Bitcoin and Ethereum for the remainder of 2022
Nigerian Inflation Rate Rises to 20.52% in August — Month-on-Month Rate Drops
19.9.2022
While Nigeria’s year-on-year inflation rose for the seventh straight month to 20.52% in August 2022, the latest data from Nigeria’s National Bureau of Statistics shows that the month-on-month rate declined from 1.82% to 1.77% during the same period. The depreciation of the local...
Carlita, DJ Tennis, and Calamar Crew to Headline AFTER 2049, the Official Closing Event for Asia’s Largest Web3 Conference
19.9.2022
PRESS RELEASE. TOKEN2049, Asia’s premier crypto conference, announced the DJ line-up of AFTER 2049, the official closing event of this year’s September edition. Headlined by Istanbul-based DJ and producer Carlita, electronic icon DJ Tennis, and Moojo, Mo-Shi and Leon (Calamar Crew)...
Bitfarms Starts Bitcoin Megafarm Operations in Argentina
18.9.2022
Bitfarms, a global Bitcoin mining company, has started operations in its mining megafarm located in Argentina. The farm, launched on September 16, is currently generating 10 megawatts (MW) of mining power during the first phase and will scale operations to be fully operational next year. Bitfarms...
Influential celebrities that joined the crypto club over the past year
18.9.2022
Despite the prolonged bear market and an evident dip in cryptocurrency prices, celebrities continue to pour in support for the crypto market
Plus: how does 'long tail' differ for year-old games?
16.9.2022
We poke around in some of key Steam data - plus all our regular charts
Crypto Exchange Coinbase Could Earn $1.2B in Revenue Next Year From Higher Interest Rates, JPMorgan Says
16.9.2022
The added revenues would mainly come from the exchange's revenue share on interest income from USDC reserves
Suikoden Fans! It's Back! Suikoden I and II Remasters Due Next Year
16.9.2022
The long-term silence on the Suikoden games has mystified us, you, everyone, for over a decade. But Konami moves in mysterious ways, and last night at the Tokyo Game Show, the company knocked everyone off their chairs by surprise-announcing remasters of the first two games, due next year.Read more
Sales of Hardware Crypto Wallets Decline in Russia With Easing Currency Restrictions
16.9.2022
Interest in hardware wallets allowing cold storage of cryptocurrencies is decreasing among Russian users after this year’s surge that followed the invasion of Ukraine. The sale volumes for these devices have almost halved, according to a report quoting leading marketplaces. Russians’...
1 Year of Bitcoin in El Salvador: The Bad, the Good and the Ugly
15.9.2022
Despite many real stumbles and skeptical mainstream coverage of Nayib Bukele’s Bitcoin initiative, both tourism numbers and remittance usage are already showing meaningful payoffs, says David Z. Morris
G4TV Hit With Major Layoffs Less Than A Year After Coming Back
14.9.2022
At least somewhere between 15-20 staff were laid off at G4TV today, according to two sources familiar with business. The video game talk show network from the 2000s was resurrected last fall on streaming platforms like Twitch as well as cable TV, but now faces major upheaval less than a year later....
Russian Businesses to Choose Which Crypto to Use for Cross-Border Settlements, Lawmaker Says
14.9.2022
Russian companies may start transacting in cryptocurrency with partners abroad as early as next year and will be free to pick the coin they want to use, officials in Moscow have indicated. The sanctioned country is preparing to legalize foreign trade settlements with digital assets and this could...
Square Enix Shutting Down PS5's Worst Game Before It's Even A Year Old
13.9.2022
Today, publisher Square Enix and developer Platinum Games finally did what everyone had been predicting from the start: they announced Babylon’s Fall will shut down within its first year. While I’m hardly surprised, it still sucks. People paid $60 for this game just six months ago, and less than...
This Crypto Is Up 170% This Year, and There Are Bigger Gains to Come
13.9.2022
A lot has been written about the cryptocurrency industry and the current drop in coin prices. Even as the market struggles to break out of its current bearish trend, crypto experts recognise that several assets still offer opportunities to profit.
Finding high-value coins on sale that could...
Russia aims to set rules for crypto cross-border payments by year's end
13.9.2022
Russia might become the first country in the world to allow cross-border crypto payments while banning local crypto payments, a fintech expert in the Russian State Duma said
Treasury Secretary Janet Yellen Warns Gas Prices Could Spike This Winter — Says ‘It’s a Risk’
13.9.2022
U.S. Treasury Secretary Janet Yellen has warned that gas prices could rise again this year. “It’s a risk that we’re working on the price cap to try to address,” she stressed. “Our price cap proposal is designed to both lower Russian revenues … while also...
South Korea Has Tracked USD 1bn Worth of Fraudulent Crypto Transactions This Year
12.9.2022
A staggering USD 1 billion worth of fraudulent crypto-related transactions has been identified in South Korea in the first half of 2022, new data shows.
According to Asia Kyungjae, the figures were compiled by the Korea Customs Service and made public by the lawmaker Kang Byung-won.
The data...
Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre
10.9.2022
California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes amid plunging valuations in the crypto and fintech sectors. Bolt Gives Up Plan for $1.5 Billion Wyre Acquisition Bolt...