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Jake Paul, Lindsay Lohan & More Charged With 'Illegally' Shilling Crypto
22.3.2023
The Securities and Exchange Commission sent out a press release today announcing that “Crypto Entrepreneur” Justin Sun is being charged with fraud over his manipulation of the crypto market. That’s great news, but also of interest is the fact a whole range of celebrities were charged alongside...
PC & console games: predictions for 2023
22.3.2023
What took us so long? Also: lots of GDC news & more
Deloitte dives into immersive experiences as more industries turn to Web3
22.3.2023
The Big 4 accounting firm is betting on immersive experiences and other Web3 solutions to address various corporate needs
Vladimir Putin Says Russia Wrote Off African Countries’ Debts Totaling Over $20 Billion in 2022
22.3.2023
African countries’ debts totaling more than $20 billion were written off in the past year, Russian President Vladimir Putin said on March 20. Putin also revealed that trade between Russia and Africa had nearly reached $18 billion by the end of the year. According to the Russian leader,...
Blockchain Games Key to Onboarding a ‘Critical Mass of Users Onto Web3’ — Claudio Riff
22.3.2023
According to Claudio Riff, the CEO of Pooky, a sport prediction game powered by blockchain, gaming may be one of the more effective ways of getting users to experience the potential of blockchain and Web3 without dealing with the associated complexities. Onboarding People to Web3 Through Gaming...
Cathie Wood of Ark Invest Sees More Institutional Investors Entering Bitcoin Market Amid Bank Crisis – Here's What You Need to Know
22.3.2023
Ark Invest CEO Cathie Wood believes Bitcoin's rally amid the recent banking crisis will only “attract more institutions.”
In a March 21 interview with Bloomberg, Wood said Bitcoin's price behavior through the crisis “is going to attract more institutions.” She claimed this could help build a bull...
Bitcoin's banking crisis surge will 'attract more institutions': ARK's Cathie Wood
22.3.2023
Cathie Wood was impressed that Bitcoin “moved in a very different way” compared to the equity market in response to the recent banking crisis
Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion
22.3.2023
U.S. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if they “suffer deposit runs that pose the risk of contagion.” The government recently protected all deposits of Silicon Valley Bank and Signature Bank after they failed. U.S....
Yat Siu Says ‘Pro-Capitalist’ Asian Countries are More Ready to Embrace Web3
21.3.2023
The Animoca Brands chairman said at the Outer Edge conference in Los Angeles, California, that among major international game publishers, those located across Asia are more active in Web3 development
Bitcoin and the Liquidity Question: More Complex Than It Seems
21.3.2023
Bitcoin Outflows Surge to $95 Million: CoinShares Report Reveals Alarming Trend – Find Out More Here
21.3.2023
Outflows from investment funds backed by bitcoin (BTC) rose sharply last week, despite a massive increase in the spot price of the cryptocurrency.
The outflows from bitcoin funds for the week reached $112.8 million, marking slightly improved investor sentiment compared to the week before when...
Introducing Binance Oracle VRF: The Next Generation of Verifiable Randomness
21.3.2023
Main Takeaways Binance Oracle VRF is a Verifiable Random Function (VRF) solution that enables blockchain developers to generate random numbers. Binance Oracle VRF can be used for an extensive selection of use cases, including GameFi projects and other blockchain products built with smart contracts....
Economist David Rosenberg Warns of ‘Crash Landing’ and Recession, Citing Fed Data
21.3.2023
Famed economist David Rosenberg has warned of a “crash landing” and an impending recession for the U.S. economy. Referring to the Philadelphia Fed’s manufacturing index chart, he stressed: “Take a good hard look at this chart and tell me we are heading into...
Rain World: how UGC headlined a big sales comeback!
20.3.2023
Also: Netflix's games strategy evolves, and lots more besides
First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower
20.3.2023
After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic’s shares to junk status on Sunday. Investors are concerned that the cash infusion from 11 major financial...
Blockchain gaining adoption in more than just DeFi: Report
20.3.2023
Blockchain and other distributed ledger technologies are being adopted in many areas beyond DeFi and the metaverse
Cryptocurrency Market Set for More Upside After Bank Problems: Bernstein
20.3.2023
The current environment is the perfect setting for the decentralized financial system to stand out as an alternative to traditional banking, the report said
Blockchain to Become More Relevant in Payments This Year, Sberbank Exec Says
20.3.2023
Blockchain technology can help solve current issues with settlements, according to the deputy chief executive of Sberbank. Russia’s largest bank is working with other financial institutions to develop blockchain-based payment applications, the banker revealed. Sberbank Sees Solution to Russia’s...
More Than 80 Firms Express Interest in Establishing Presence in Hong Kong – Next Crypto Hub?
20.3.2023
Hong Kong has seen massive interest from virtual asset-related firms as the city pushes toward reclaiming its position as a global crypto hub with a more friendly regulatory stance.
Christian Hui, Hong Kong's Secretary for Financial Services and the Treasury, said during a recent speech that more...
Midsize US Banks Ask Regulators to Extend FDIC Insurance to All Deposits for 2 Years Before Another Bank Fails
20.3.2023
The Mid-Size Bank Coalition of America has asked federal regulators to extend FDIC insurance to cover all deposits for the next two years. “Doing so will immediately halt the exodus of deposits from smaller banks, stabilize the banking sector and greatly reduce chances of more bank...