Search
US Government Faces ‘Significant Risk’ of Default in June, Congressional Budget Office Warns
14.5.2023
The Congressional Budget Office (CBO) has stressed that “there is a significant risk that the Treasury will run out of funds at some point in the first two weeks of June” if the debt ceiling is not raised or suspended. The CBO’s projection is in line with the estimate by the Treasury Department...
Binance to Withdraw From Canadian Market Due to Regulatory Climate
13.5.2023
Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday that it is “proactively withdrawing from the Canadian market.” The company thanked the regulators who worked with them and said that the Canadian market was “small.” Binance...
Elon Musk Shares ‘Massive Incentive to Move Money out of Bank Accounts’
9.5.2023
Tesla and Twitter CEO Elon Musk has shared a “massive incentive” to move money out of bank accounts, citing a significant interest rate gap created by the U.S. Treasury and the Federal Reserve. “As more people & companies realize this, bank depositor flight will accelerate...
Gamers Are Memeing The Hell Out Of The King Charles Coronation
8.5.2023
Charles Philip Arthur George, aka Charles III, was officially crowned the King of England on May 6. The coronation, which took place at the Westminster Abbey Anglican church in London, was expectedly gaudy and lavish, overflowing with enough gold and jewels to make you blind with all the incessant...
Billionaire Bill Ackman on US Banking Crisis: We Are Running Out of Time to Fix This Problem
7.5.2023
Billionaire Bill Ackman has warned that “We are running out of time” to fix the problem that led to the collapses of regional banks. “How many more unnecessary bank failures do we need to watch before the FDIC, U.S. Treasury, and our government wake up?” he stressed, adding that “We need...
U.S. Regulator Cuts Digital Assets Out of Hedge Fund Rule
4.5.2023
The Securities and Exchange Commission has decided to leave digital assets out of a new rule requiring more information from hedge fund and private equity advisers.
The agency voted to adopt new changes to private fund reporting, specifically to Form PF — a reporting form for registered...
Xbox Is Running Out Of Time To Get It Right
3.5.2023
“As world builders, our greatest responsibility is to inspire and invite joy,” Microsoft Gaming CEO Phil Spencer said at the New York Game Awards in January. “It feels like today, seeking joy is an act of defiance.” In February, Microsoft lived up to that ideal with the stealth release of Hi-Fi...
Blockchain Association Packs Up Out of NY To Focus on Federal Crypto Policy
3.5.2023
The Blockchain Association is moving out of New York.
One of the biggest cryptocurrency lobbying groups said it had plans to shift resources out of the state to focus on federal policy....
Read More: Blockchain Association Packs Up Out of NY To Focus on Federal Crypto Policy
Blockbuster Game Development Costs Are Out Of Control
1.5.2023
The production of big-budget games has felt unsustainable for a while now, and all evidence points to major blockbusters only getting more expensive in the years to come. Testimony in the regulatory fight over Microsoft’s acquisition of Activision Blizzard shows that game publishers are spending...
NFT markets are out of balance with sellers dominating
27.4.2023
In April there hasn’t been a single day where total sellers on the market haven’t exceeded total buyers
Out of Compute North’s Bankruptcy Rises 300MW Bitcoin Miner With Novel Energy Offering
26.4.2023
Born out of the ashes of the Compute North bankruptcy, the new venture aims to give clients control over their energy strategy
Binance.US backs out of $1B Voyager asset purchase, blames regulatory environment
25.4.2023
The parties got the go-ahead on the deal last week, after overcoming several objections. Binance.US did not say what compelled it to change its mind now
Venom Foundation Announces the Release of its Public Testnet
25.4.2023
PRESS RELEASE. Abu Dhabi, 25 April, 2023 — Venom, a Layer-1 blockchain that operates out of the Abu Dhabi Global Market (ADGM), today announced that its public testnet is officially live. The milestone marks a significant accomplishment in Venom’s roadmap as it prepares to launch on mainnet. Along...
Lack of stablecoin regulation could push issuers out of US: Austin Campbell
19.4.2023
Lawmakers didn't reach a consensus between political parties on a stablecoin bill, as one witness warned this lack of regulatory clarify could drive certain projects abroad
Japan Has Completely Run Out Of Pokémon Cards
18.4.2023
Thanks to a set of hard-to-get Pokémon cards, The Pokémon Card company has admitted that the collectibles are currently totally sold out in Japan.Read more
How To Get The Most Out Of Lifeweaver In Overwatch 2
12.4.2023
Lifeweaver, Overwatch 2’s new support hero, has a pretty high skill ceiling. There’s an argument to be made this is because he’s not a great healer, and his support kit requires a pretty strong game sense to get the most out of. It’s still unclear how Lifeweaver might play into the competitive...
RenQ Finance Raises Nearly $1 Million in 24 Hours as Stage 4 Completes
12.4.2023
PRESS RELEASE. After RenQ Finance achieved remarkable success by completing stage 4, they generated immense excitement among investors after embarking on stage 5. In just the last 24 hours of stage 5, RenQ has secured over $1 million in funding, bringing the total raised for this stage to...
Google Trends Data Shows Bitcoin Search Interest Surged This Week Amid 10-Month Price High
12.4.2023
According to worldwide data from Google Trends, the search term “bitcoin” has reached a score of 93 out of 100 in the last seven days. Additionally, the price of bitcoin rose above the $30,000 range for the first time in ten months, or since June 2022. Bitcoin Search Interest Rises...
Bitcoin, Ethereum Technical Analysis: BTC Jumps Back Above $28,000, Following Easter Break
10.4.2023
Bitcoin started the week climbing back above $28,000, as markets returned from the Easter holidays. The move saw the world’s largest cryptocurrency briefly break out of a key resistance level of $28,500. Ethereum was also higher, as it closed in on the $1,900 level. Bitcoin Bitcoin (BTC)...
Bankruptcy Claims Exchange OPNX Stumbles Out of the Gate
5.4.2023
Bankruptcy claims exchange OPNX has struggled in terms of trading volume one day after it went live, the exchange's native token, FLEX, is is down by 26% in the past 24-hours