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Report: Sony Slashes PlayStation VR2 Production After Disappointing Preorders

31.1.2023
Sony’s PlayStation VR2 headsets don’t release for several more weeks, but the console manufacturer is already reportedly cutting inventory by half after receiving fewer preorders than expected. Some analysts are still skeptical the device will ever be more than an “expensive accessory for...

CertiK Report Reveals a Strange Twist Behind the ‘Monkey Drainer’ Scam

31.1.2023
The latest report by the security-focused ranking platform CertiK revealed two individuals behind a several-million-dollar-heavy scam – and there is a twist to the duo’s partnership. The report explained that “a number” of scammers had been using a phishing kit known as ‘Monkey Drainer’ over...

Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower, Ahead of Key Week of US Economic Data

31.1.2023
Bitcoin fell below $23,000 on Jan. 31, following a recent move to a five-month high over the weekend. Market volatility has since increased, as traders prepare for a big few days of economic data from the United States. The conference board will release its consumer confidence report later today...

Report: Microsoft, Sony & Nintendo All Skipping E3 2023

31.1.2023
This was supposed to be the year, after industry setbacks and a global pandemic, that E3—once the brightest centre of the video game universe—came back “recognizably epic” as a live show for the first time since 2019. Reports today indicate, however, that it will be doing so without any of...

Report: Elon Musk’s Payments Vision for Twitter Takes Shape, Small Team Tasked to Build Infrastructure

30.1.2023
Seven months ago, current Twitter owner Elon Musk said, prior to acquiring the social media giant, he would integrate cryptocurrency payments. According to sources, a team is working on the infrastructure for a payment platform, and Twitter is proceeding with regulatory approvals and registrations....

New York financial regulator investigates Gemini over FDIC claims: Report

30.1.2023
Many Gemini Earn users reportedly claimed assets in their accounts had been protected by the Federal Deposit Insurance Corporation

Digital asset investment products see highest inflows since July 2022: Report

30.1.2023
According to CoinShares, digital asset investment products saw $117 million in inflows last week

Crypto Exchange Gemini Emphasized FDIC Insurance in Communications With Earn Customers: Report

30.1.2023
Gemini reportedly claimed repeatedly that its the assets of customers using its Earn product were safe thanks to being backed by the FDIC

New York Regulator Investigating Crypto Exchange Gemini Over FDIC Claims: Report

30.1.2023
Gemini reportedly claimed repeatedly that its the assets of customers using its Earn product were safe thanks to being backed by the FDIC

Key takeaways from USDC $44.5 reserve report

30.1.2023
Circle has released its reserve report for December 2022 highlighting over-collateralized asset holdings currently backing 44.5 billion USDC tokens in circulation

Aussie regulator flagged concerns about FTX months before collapse: Report

30.1.2023
Australia’s financial regulator raised concerns about FTX Australia not long after it began operations in March 2022, according to documents

Silvergate suspends dividends to preserve 'highly liquid balance sheet'

28.1.2023
January has been a rough month for Silvergate, with the dividend halts coming just a few weeks after it announced a Q4 2022 loss of $1B and laid off 200 employees

FTX lawyers to reap millions from the bankruptcy case: Report

27.1.2023
FTX’s legal team from Sullivan & Cromwell has 150 people on the bankruptcy case, with thirty partners reportedly charging more than $2,000 per hour

Crypto Exchange Bithumb Raided in South Korean Price Manipulation Probe: Report

27.1.2023
South Korean prosecutors are investigating transactions related to a specific person or entity moving the price of a certain coin to make a profit

SEC Probing Investment Advisors Over Crypto Custody: Report

27.1.2023
The United States Securities and Exchange Commission (SEC) is conducting an inquiry into registered investment advisers about whether they are following rules around custody of client crypto assets

US securities regulator probes Wall Street over crypto custody: Report

27.1.2023
The regulator has been probing registered investment advisors over how they've been offering crypto custody to their clients, according to sources

Financial Advisors See Strong Interest in Crypto — 90% Receive Inquiries About Crypto Investing, Survey Shows

27.1.2023
A new survey shows that interest in cryptocurrency remains strong among financial advisors’ clients. “Despite market performance, the most common question was: ‘Should I consider an investment in crypto?'” the survey results reveal. Financial Advisors Bullish About...