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China Mulls Digital Yuan Settlements for Commodities
7.11.2023
The People’s Bank of China (PBOC) is considering using the digital yuan to settle services and commodities trades with Hong Kong. According to Di Gang, deputy director-general of the Digital Currency Institute of the PBOC, this would help companies avoid the difficulties of using a single...
Bug in Fed’s payment system prevents bank customers from getting paid
4.11.2023
Banks stressed customer accounts “remain secure” and balances will be updated as soon as the issue is resolved
MicroStrategy Acquires Additional 155 Bitcoin Worth $5.3 Million in October
2.11.2023
The prominent business intelligence and software company MicroStrategy reaffirmed its unwavering dedication to Bitcoin with the recent acquisition of an additional 155 BTC at a total cost of $5.3 million. On November 1, MicroStrategy’s chairman and founder, Michael Saylor, revealed that...
Ubisoft Using AI-Generated Assassin’s Creed Art Amid Cost Cutting
31.10.2023
Happy Halloween! Ubisoft Netherlands invites you to celebrate the spooky festivities with AI-generated Assassin’s Creed art. Terrifying indeed!Read more
BitFuFu: 10 Million Trial Cash Giveaway, Enjoy Bitcoin Cloud Mining at Zero Cost
26.10.2023
PRESS RELEASE. In order to allow more users to experience cloud mining, BitFuFu has introduced the Trial Cash feature. During the initial launch, we’re giving away 10 Million Trial Cash, so invite your friends to share this bounty! There are additional referral rewards waiting for you too!...
Last Chance Alert! Bitcoin Minetrix Stage 2 Ends Soon - Discover Why Missing Out Could Cost You BIG In 2024 Bitcoin Bull Run
20.10.2023
Friday, October 20th, 2023 - As the second stage of Bitcoin Minetrix's presale approaches its last few days, industry experts are highlighting its significance in the crypto market boom this ‘Uptober’.
Now, with the clock ticking and the conclusion of Stage 2 slated for Monday, October 23rd,...
Europe's AML regulations come at a high cost — for your privacy and otherwise
17.10.2023
The European Union’s anti-money laundering laws infringe upon personal privacy, and they come with costs that are simply too high
Rise of Ethereum staking came at cost of higher centralization: JPMorgan report
6.10.2023
Ethereum co-founder Vitalik Buterin previously admitted that centralization is one of Ethereum’s main challenges, which could take 20 years to solve
CD Projekt Red Spent Over $120 Million Saving Cyberpunk 2077’s Reputation
6.10.2023
Cyberpunk 2077’s highly acclaimed and massive expansion, Phantom Liberty, almost feels like its own game. That’s probably because the developers behind the expansion spent over $60 million on developing Phantom Liberty and $21 million on marketing it, bringing the total cost of producing the DLC...
Bitcoin halving to raise ‘efficient’ BTC mining costs to $30K
28.9.2023
Bitcoin miners may see “severe” economic consequences from BTC price action staying below $30,000 after the 2024 halving, Glassnode warns
Resident Evil 4 Remake Will Cost $60 On iPhone
26.9.2023
The Resident Evil 4 remake costs $60 for its iPhone 15 Pro port, as much as is charged for standard console editions.Read more
Nomura’s Laser Digital Launches ‘Bitcoin Adoption Fund’ for Institutional Investors
21.9.2023
Financial giant Nomura’s digital assets subsidiary, Laser Digital, has announced the launch of its Bitcoin Adoption Fund to provide “long-only exposure to bitcoin whilst being one of the most cost-effective and secure investment solutions.” Laser Digital’s Bitcoin Adoption Fund...
Xbox Leak Estimates Cost Of Bringing Blockbusters To Game Pass
19.9.2023
Starfield was supposed to be Microsoft’s biggest release of 2022. When it ended up getting delayed, the company looked into striking deals with third-party publishers like Electronic Arts and Ubisoft for major blockbusters it could bring to Game Pass day-and-date to fill the gap. A new internal...
Jedi: Survivor Runs Much Better After Latest Patch, But At A Cost
15.9.2023
Good news! With the latest Star Wars Jedi: Survivor patch, the game is finally achieving a near-consistent 60fps throughout all its action and exploration, translating to a much smoother experience. However, to achieve this some visual cuts were made, and that has added some quirks that might...
Devs React To Unity's Newly Announced Fee For Game Installs: ‘Not To Be Trusted’
12.9.2023
Unity, the cross-platform game engine that powers games like Rust, Hollow Knight, and Pokémon Go, has introduced a new, controversial fee for developers, set to take effect next year. Indie developers quickly responded to the announcement, with many suggesting the costs of this policy would kill...
Riot Showcases Demand Response Strategy: Bitcoin Mining’s Role in Strengthening Texas Energy Grid
7.9.2023
Bitcoin mining aided the Electric Reliability Council of Texas, or ERCOT, when the bitcoin mining company Riot Platforms reduced its power usage amid a Texas summer heatwave. Riot said in its most recent production and operations update that it received $31.7 million in power and demand response...
RBI Governor Touts CBDC as Solution to 'High Cost, Low Speed' Cross-Border Payments
5.9.2023
Reserve Bank of India’s (RBI) Governor Shaktikanta Das has touted Central Bank Digital Currencies (CBDCs) as a solution to 'high cost, low speed' cross-border payments.
In a recent keynote address at the G20 TechSprint Finale 2023 in Mumbai, RBI Governor emphasized the potential of CBDCs...
FTX founder’s expert witnesses would cost up to $1.2K an hour
1.9.2023
Sam Bankman-Fried’s potential expert witnesses could charge more than the U.S. prosecution witnesses, according to court filings
Bitcoin Miner Iris Energy Dives into Generative AI, Investing $10M in Nvidia GPUs Amidst Soaring Demand
31.8.2023
On August 29, the publicly traded bitcoin mining entity, Iris Energy, revealed its acquisition of 248 Nvidia H100 graphics processing units (GPUs) at a cost of $10 million. While the company emphasized that its primary focus remains on BTC mining, it views generative artificial intelligence (AI)...
Binance Launches Send Cash For Quick and Low-Cost Crypto Transfers in Nine Latin American Countries
30.8.2023
Following Binance's suspension of its cryptocurrency debit card services, Binance is introducing a new product in Latin America called "Send Cash," which enables users from 9 countries in the region to transfer crypto using Binance Pay.
In its statement on Tuesday, Binance ‘Send Cash’ will enable...