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ECB Member Fabio Panetta Claims Rising Profit Margins Could Be Fueling Inflation
5.4.2023
Fabio Panetta, a member of the executive board of the European Central Bank (ECB), has stated that companies increasing their profit margins could be helping to fuel inflation. In an interview with the New York Times, Panetta warned about the effect that companies increasing such margins could have...
The =nil; Foundation Says Its New Software Is Rocket Fuel for Zero-Knowledge Developers
2.2.2023
The firm has already raised $22 million to build a suite of zero-knowledge developer tools
Neon Link Announces Limited Presale Of The $NEON Token That Will Power A Thousand Blockchain Games
2.2.2023
Press Release. LONDON, ENGLAND – February 2nd, 2023 – Neon Link, a blockchain gaming company building a technologically robust and scalable environment, announced its opening of the presale of the $NEON token, taking place on the 15th February at 5PM UTC, which is set to fuel the next generation...
Quicknode Raises $60 Million in Series B to ‘Fuel Blockchain Adoption’ and Expand Globally
24.1.2023
Web3 infrastructure firm Quicknode raised $60 million in a Series B funding round, according to an announcement the company made on Tuesday. The capital injection brings the company’s post-valuation to $800 million, and Quicknode says the funds will be used to “further fuel blockchain...
Did Magical Thinking Born of Financial Crisis Fuel Rise of Crypto – Was it Actually Realistic Thinking?
18.1.2023
Cryptocurrencies are "a manifestation of a magical thinking" born out of a financial crisis, said a finance professor. But there could be something very real behind it. Though not intentionally, the professor may have made a case for the 'financial crisis' being ever-present as cracks in the system...
Crypto-trading South Korean Soldier ‘Sold Fake Concert Tickets to Fuel Spending’
22.12.2022
South Korean police have charged a man in his twenties with embezzlement and fraud – claiming that, during his military service, he fueled his crypto trading habits by selling bogus concert tickets online.
The man, aged 22 but unnamed for legal reasons, was arrested at the Heungdeok Police Station...
Rare Puts Conker’s Face On Something That’s Not A New Game, Again
15.12.2022
In the 20 years since Microsoft acquired Rare in 2002, the studio has only produced one actual game in the Conker series, which was the 2005 remake of Conker’s Bad Fur Day called Conker: Live and Reloaded on the original Xbox. I don’t know how well a foulmouthed squirrel passing through a series...
Talks of Issuing a New FTT Token Fuel Coin’s Price Despite FTT’s Broken Tokenomics Scheme
10.12.2022
Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations and community drama ever since then. Moreover, the now-bankrupt crypto trading platform’s exchange token FTT is still trading above $1 per unit, and it managed...
Fenix Games raises $150M to fuel next-generation blockchain gaming
27.11.2022
Chris Ko, CEO and co-founder of Fenix Games, considers Fenix Games “like a VC fund” for powering the next generation of blockchain games
Claims and rumors fuel crypto market turmoil amid FTX collapse
10.11.2022
A report from Reuters claimed that FTX used some of its customer deposits to support Alameda Research
StarkWare Launches Nonprofit Foundation to Fuel StarkNet Ecosystem
9.11.2022
The foundation becomes official with a stash of StarkNet Tokens and a seven-member board
Natural Gas Price Hike Hits Crypto Miners in Iran
3.11.2022
Companies using natural gas as a power source to mint digital currency in Iran will have to deal with a sharp increase in the price of the fuel. The new rates set by the state-run supplier are almost double the previous and have been imposed retroactively, local media reported. Iran Raises Tariffs...
Crypto Hacks Fuel Memes of North Korea: Blockchain’s Biggest Baddie
12.10.2022
Seemingly every week in crypto yields another multimillion-dollar hack or exploit – and with it, reams of memes about North Korea, the supposed culprit
Ark Invest CEO Warns Rate Hikes Could Fuel a ‘Deflationary Bust’ in Open Letter to the Fed
11.10.2022
Following the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter to the U.S. central bank asking the institution to stop raising interest rates. Wood says that...
Report: G Fuel Fired Five Staff Members After They Complained About CEO’s Toxic Language
8.9.2022
In June, energy drink company G Fuel attracted controversy when it fired seven talent managers under mysterious circumstances, prompting over 70 G Fuel-partnered influencers to end their relationships with the brand. Today, a report from Digiday sheds new light on the circumstances that lead to...
Cult Of The Lamb’s Take On Resurrection Is Total Nightmare Fuel
26.8.2022
A few of us at Kotaku have been obsessed recently with Cult of the Lamb, the buzzy new Devolver-published roguelike about a cult led by a lamb. Last week, Kotaku’s Sisi Jiang asked me a simple question about the game in Slack: “Are we the baddies?”Read more
Aussies buy fuel and chips with crypto across 175 fuel outlets
18.8.2022
Commenting on the roll out, Crypto.com’s Asia & Pacific General Manager Karl Mohan tipped the adoption of an AUD-backed stablecoin as being the catalyst to make crypto payments mainstream in Australia
Landfill Gas Mitigation Firm Vespene Energy Secures $4.3M to Bolster Gas-to-Bitcoin Solutions
11.8.2022
On August 9, a firm that uses landfill methane to fuel bitcoin miners, Vespene Energy, announced the company has raised $4.3 million in a funding round led by Polychain Capital. Vespene aims to use the funds for its pilot in California by using landfill methane to mine bitcoin and “mitigate...
Federal Reserve Governor Supports More 75bps Rate Hikes Citing ‘Significant Risk of High Inflation Into Next Year’
9.8.2022
Federal Reserve Governor Michelle Bowman says she supports ongoing 75 basis point interest rate hikes “until inflation is on a consistent path to significantly decline,” citing “a significant risk of high inflation into next year for necessities including food, housing, fuel...
230 Economists Warn the US Government’s Proposed Inflation Reduction Act Will Fuel Inflation
5.8.2022
Last week, Democrats unveiled climate and health care legislation called the “Inflation Reduction Act,” and there’s a lot of debate over the name of the proposed public policy measures. After the legislation was revealed, 230 economists sent a letter to the country’s...