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Genesis Reaches Settlement With Parent Company DCG in $620M Lawsuit


Source: AdobeStock / Timon The beleaguered crypto lender Genesis and its parent company, Digital Currency Group (DCG), have reached a settlement that could end the protracted lawsuit aimed at recovering $620 million in repayments from DCG. DCG Commits to Settling $324.5M in Loans by April According...

Overwatch 2 Is Stripping Away What Made Mythic Skins Worth The Grind


When Overwatch 2 shifted the hero shooter’s economy away from loot boxes and into a seasonal battle pass, the customizable Mythic Skins unlocked at the end of that pass were framed as the light at the end of the grindy tunnel. Unlike any other Overwatch skin, these would be somewhat customizable...

Zelda Devs Reveal Why They Made Ganon ‘Robust And Sexy’ In TOTK


When you think of Ganondorf, the villainous entity that plagues The Legend of Zelda’s Hyrule, what comes to mind? Despicable, evil, heinous, repulsive, vile—all good adjectives for the Demon King. “Robust and sexy” might not cross your brain, but those two words were purposeful descriptors...

South Korean Police Shut Down ‘170-victim Robot-themed Crypto Scam’


Source: DrArt/Adobe Police in South Korea have arrested a group of people they suspect of duping 170 “crypto investors” – by posing as cryptoasset-issuing robot developers. Per Joongang Ilbo, the Jeonnam Police Agency, officers made at least two arrests, with a 63-year-old and a 36-year-old charged...

CZ’s Lawyers Push Back Against Flight Risk Claims, File Opposing Motion


Defense attorneys for former Binance CEO, Changpeng Zhao, have legally pushed back against claims made by the government that he is a “flight risk” who should not be allowed to leave the country.  Zhao’s incentive to stay In a court filing from November 23rd, representatives for...

Tether and Bitfinex Drop Opposition to FOIL Request


Stablecoin issuer, Tether, and cryptocurrency exchange, Bitfinex, have decided to drop their opposition to a Freedom of Information Law (FOIL) request made earlier this year by various news outlets. “We have nothing to hide” “Our decision is rooted in our unwavering commitment to transparency...

Richard Teng Takes Charge as Binance CEO Following Changpeng Zhao’s Exit


After Changpeng Zhao’s exit, Richard Teng has stepped in as the new chief executive officer of Binance, the globe’s largest crypto exchange in terms of trading volume. On Tuesday, Teng made his introduction to the public through social media platform X, assuring that under...

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