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Nalezeno "points": 451

Fed Raises Interest Rate by 25 Basis Points in First Rate Hike Since 2018


  The US Federal Reserve (Fed) raised interest rates by 25 basis points today, marking the first rate hike in the US since before the COVID-19 pandemic. The increase was in line with what the central bank has long communicated to the market that it would do. (This is a developing story and...

Frogger Player Shatters World Record With Over 1 Million Points


On February 27, software engineer Michael Smith surpassed his own previous world record for Konami’s 1981 coin-op classic Frogger, a feat which involved maxing out the game’s score counter multiple times. His new score sits at a comfortable 1,356,520, handily toppling his previous record...

Global Watchdog Points at Growing Force of Crypto with Another Usual Warning


  The Financial Stability Board (FSB), an international body that monitors and prepares recommendations about the global financial system, is increasingly ringing the alarm about crypto. The institution’s latest report claims that cryptoasset markets are rapidly evolving and could reach a point...

Kazakhstan Extends Power Cuts for Cryptocurrency Miners


Crypto farms in Kazakhstan will remain unplugged until Feb. 7, as the local utility has extended power cuts for miners. The company points to ongoing difficulties with electricity supply as the main reason for the measure, which was supposed to expire at the end of January. Mining Facilities...

Report: Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022


In his Africa crypto market predictions for 2022, Marius Reitz, the general manager for Luno in Africa, has predicted that Kenya will scale up the adoption of cryptocurrencies. To support this assertion, Reitz points to Kenya’s as position as the leader in the world’s peer-to-peer...

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