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Report: After Sony, Microsoft Wants Its Own Genshin Impact Now
26.10.2022
I was today years old when I found out that Microsoft tried to turn Genshin Impact into an Xbox console exclusive. According to sources, its failure to do so is one of the big reasons why the publisher is trying to sign deals with Chinese gaming studios. Read more
New CoinShares Report Shows Dwindling Volume on Crypto Investment Products – Here’s What You Need to Know
25.10.2022
Trading volumes in crypto-backed investment funds have dwindled in recent weeks, and last week hit its lowest since October 2020, a new report from the crypto researcher CoinShares shows.
According to the report, the volume in crypto investment products last week fell to as low as $758m, far below...
Southeast Asia Leads the World in Crypto Adoption, Propelled by Play-to-Earn Gaming: Chainalysis
25.10.2022
Games like Axie Infinity and cross-border crypto transfer applications push “lower middle income” nations to global leadership in crypto adoption
Report: US Central Bank Loses Billions From Rate Hikes, ‘Losses Pile up Into an IOU’
25.10.2022
While the U.S. Federal Reserve ramped up the benchmark bank rate with a barrage of rate hikes, U.S. Treasury markets and global bond markets, in general, have seen one of the worst selloffs in over a decade. The Fed’s actions has fueled criticism toward the U.S. central bank as some strategists...
Report: Saudi Government Privately Mocks Joe Biden’s Mental Acuity, Crown Prince Denies US President’s Oil Requests
25.10.2022
According to a recent report, members of the Saudi government and crown prince Mohammed bin Salman have been privately mocking U.S. president Joe Biden by questioning his keenness of thought and mental acuity. The report follows Biden’s recent trip to the region in July, when the U.S. president...
Why are Bitcoin whales accumulating BTC? Watch The Market Report
25.10.2022
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss why Bitcoin whales are accumulating right now and why this could be significant
BitMEX CEO Alexander Hoeptner Departs From the Crypto Futures Exchange
25.10.2022
Stephan Lutz will serve as the CEO in the interim, while also managing his duties as CFO
Report: Billionaire Says Britain May Be Forced to Seek Bailout From IMF if It Does Not Renegotiate Brexit Deal
25.10.2022
British billionaire investor Guy Hands has reckoned that Britain will become “the sick man of Europe” and may be forced to seek a bailout from the International Monetary Fund (IMF) if it does not renegotiate its Brexit deal. The billionaire insisted the United Kingdom’s current...
Report: US Department of Justice Files $60 Million Lawsuit Against Bitcoin Mixer Operator
25.10.2022
The United States Department of Justice recently filed a lawsuit to recover $60 million that was imposed on Larry Harmon, the operator of a bitcoin mixing service targeted by U.S. law enforcement in 2020. According to U.S. authorities, Harmon had operated an unlicensed money-transmitting business....
South Korean Regulator Plans to Look at Stablecoins' Role in Money Laundering: Report
24.10.2022
The country's Financial Services Commission considers stablecoins to be highly susceptible to money laundering, according to a new report
New Report: Web3 Can Add $1.1 Trillion to India GDP
24.10.2022
The Web3 industry can add as much as $1.1 trillion to India’s GDP by 2032, a new report from the Indian tech industry association Nasscom has shown.
The massive value-add to the economy will come as India continues on its path as a leading global player for Web3, both on the development...
Report: Ghanaian Cedi Slides Further Versus the US Dollar to Become World’s Worst-Performing Currency
24.10.2022
As Ghana waits for a financial bailout from the International Monetary Fund (IMF), the country’s currency continued its slide versus the dollar after the respective currencies’ exchange rate slipped to just under C15:$1. Following this latest plunge, the cedi has now depreciated by more...
Report: BTC Mining Investment Platform Declared Pyramid Scheme by South African Consumer Watchdog
23.10.2022
According to the National Consumer Commission, about 4,000 South Africans who invested in a bitcoin mining equipment supplier, Obelisk, may have participated in a pyramid scheme. The commission said participants in the pyramid scheme may have lost as much as over $6 million. Obelisk Used Social...
Web3 Ecosystem to Add $1.1 Trillion to India’s GDP by 2032: Report
23.10.2022
India has emerged as a leading global player in the Web3 market, a new report by Nasscom states. Web3 investments in the country grew 37 times from the start of 2020 to Q1 2022 and $1.1 trillion in Web3 economic value is projected to be added to India’s GDP by 2032. India Emerges a Leading...
Turkey Seizes $40 Million in Crypto, Detains 46 Suspects in Criminal Investigation: Report
22.10.2022
Turkish authorities have reportedly seized $40 million in cryptocurrency and detained 46 people in an illegal betting investigation. “This operation came out of Turkish Cyprus and is linked to the murder of Halil Falyalı,” Turkish Minister of Interior Süleyman Soylu said....
Cryptoqueen Ruja Ignatova Tipped Off About Onecoin Investigations Before She Vanished, Report
22.10.2022
Ruja Ignatova, founder of the notorious crypto pyramid Onecoin, was reportedly alerted about police investigations into the scam before she disappeared. The ‘Cryptoqueen’ has been on the run for several years, wanted by law enforcement agencies around the world. Onecoin Mastermind Learned About...
Polkadot Co-Founder Gavin Wood Steps Down From CEO Role at Blockchain's Builder: Report
21.10.2022
Gavin Wood has dropped the title of CEO, according to reports
S. Korean Prosecutors Say Reports of Do Kwon's Stopover in Dubai 'Not False': Bloomberg
21.10.2022
There have been rumours circulating that Do Kwon, co-founder of Terraform Labs, the firm behind the Terra blockchain network, has left Singapore for Dubai. Prosecutors have said that these rumours are "not false," Bloomberg reported Friday
Report: Bank of America Economist Predicts 20% Devaluation of the Nigerian Currency in 2023
21.10.2022
A Bank of America economist, Tatonga Rusike, has said the Nigerian currency is overvalued by as much as 20% and will likely be devalued in 2030. The remarks by the economist came just days after the currency’s exchange rate reportedly touched a new low of just under 750 naira for every U.S....
US regulator touts to ‘aggressively police' crypto in new report
21.10.2022
The Commodity Futures Trading Commission (CFTC) says 20% of its enforcement actions were aimed at the digital assets market in the 2022 fiscal year