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Report: Nintendo Gives Non-Answer When Asked About New Switch Model
1.2.2021
Despite years of rumors and reports indicating that upgraded Switch hardware is in the works for 2021, Nintendo continues to dance around the question of a Switch Pro. During a quarterly earnings report Q&A earlier today, company president Shuntaro Furukawa said there were no plans to announce...
Bloomberg Report Reveals Major Dysfunction At Amazon Game Studios
29.1.2021
You may know it as the Everything Store. But there’s one chunk of “everything” Amazon has failed to crack: video games. A new report from Bloomberg’s Jason Schreier and Priya Anand sheds light on why Amazon Game Studios, backed by one of the planet’s biggest companies, can’t seem to make...
Report: Bitcoin Bull Run and Rising Awareness of Digital Currencies Led to a 20% Increase in Crypto Related Lawsuits in China
28.1.2021
A report from China says as many as 872 lawsuits relating to cryptocurrencies were filed in the past year, a figure which is approximately 20% more than that of 2019. Using data obtained from the China Judgment Document Network (CJDN), the report shows that the province of Guangdong had the highest...
Bitcoin Inflows in Past 30 Days Exceed BTC’s Total Market Cap in 2017 and 2019, Says Report
28.1.2021
The total amount of capital inflows into bitcoin during the 30 days to Jan. 25 are as high as the entire bitcoin market capitalization in September 2017 and early 2019, according to new data from Glassnode. Glassnode co-founder and CTO Rafael Schultze-Kraft tweeted that cash inflows into bitcoin...
Report: Activision Blizzard Calls Policy To Make Hiring More Diverse ‘Unworkable’
27.1.2021
Earlier this month, Activision Blizzard was asked to institute some version of the Rooney Rule, a policy requiring employers to interview diverse candidates when hiring, according to a new report by Motherboard. Lawyers for the massive publisher behind Call of Duty and World of Warcraft responded...
Geopolitics at Stake in US Response to China’s Digital Yuan: Report
27.1.2021
From privacy to political power, China’s digital yuan will have far-reaching implications
Research Proves Recent Transfers of 8,000 Ten-Year-Old ‘Forgotten Bitcoins’ Were Sold to Coinbase
27.1.2021
For months now our newsdesk has followed the tracks of a mysterious whale from 2010, a miner who not only mined thousands of bitcoin back in the day, but has also spent over 8,000 bitcoin during the past ten months. This week, the Russian blockchain researcher, Issak Shvarts published a report...
XRP Drops Despite Positive Report, A Lawsuit Over USD 50 Loss Emerges
27.1.2021
It seems that the recent bullish remarks by Brad Garlinghouse, CEO of blockchain company focusing on the banking sector Ripple, didn't help XRP move higher as its price has since dropped. Meanwhile, a lawsuit against Ripple over a USD 48.56 loss has emerged.
At the time of writing (13:41 UTC),...
Ethereum’s realized cap spikes to record highs as capital floods in: Report
27.1.2021
Ethereum’s realized cap has surged into new all-time highs this month, indicating that new money is rushing to accumulate ETH
Report Claims Harvard, Yale, and Brown University Endowments Have Been Discreetly Buying Bitcoin
26.1.2021
According to sources familiar with the matter, a number of Ivy League universities including the University of Michigan, Brown, Yale, and Harvard endowments have been discreetly purchasing cryptocurrencies. The prominent schools have been reportedly leveraging exchanges like Coinbase and other...
JP Morgan Gives 3 Reasons to Add Bitcoin to Investment Portfolios
26.1.2021
JP Morgan has outlined three key reasons why investors should add bitcoin to their investment portfolios. Small allocations to cryptocurrencies would “improve portfolio efficiency due to high returns and moderate correlations,” JPMorgan’s analyst explained. JP Morgan Sees Benefits...
Report: Harry Potter Spinoff Series Being Considered for HBO Max
25.1.2021
The Wizarding World of Harry Potter may be coming to streaming. The Hollywood Reporter says WarnerMedia is actively seeking out writers and ideas to bring the franchise to its HBO Max streaming service.Read more
Crypto Exchange Giant Coinbase to Sell Shares Privately Ahead of Public Offering
25.1.2021
According to a recent report, the San Francisco-based cryptocurrency exchange Coinbase is purportedly planning to sell stock on Nasdaq’s private market ahead of the initial public offering (IPO). Coinbase reportedly notified shareholders that they will receive information pertaining to...
Should I Buy Bitcoin? — Switzerland’s Largest Bank UBS Provides Guidance on BTC Investing
25.1.2021
Switzerland’s largest bank, UBS, has published guidance for clients about investing in bitcoin. The bank answers some important questions, such as whether one should buy bitcoin and other cryptocurrencies and whether bitcoin can be used to diversify portfolios. ‘Should I buy’...
Global Chip Shortages Disrupt Bitcoin Mining Rig Production: China’s Dominant Position as Hash Rate Leader Under Threat
24.1.2021
The ongoing global shortage of chips that are used in the production of bitcoin mining rigs is now causing manufacturing disruptions. According to one report, these disruptions are causing a shortage of rigs on the market and subsequent price increases. Already, the report suggests that the prices...
Nasdaq-Listed Crypto Firm Sued, Accused of Defrauding Investors With Fake Bitcoin Mining Business
24.1.2021
A class-action lawsuit has been filed against a Nasdaq-listed bitcoin mining company. The suit cites a report claiming that the business is “completely fraudulent,” with nonexistent bitcoin mining operations. Lawsuit Alleges Crypto Firm’s Bitcoin Mining Business...
Report: Vicarious Visions Is Working On A Diablo II Remake
23.1.2021
Earlier today, Activision Blizzard announced that it had absorbed Tony Hawk’s Pro Skater 1+2 developer Vicarious Visions to provide support on future projects. A few hours later, we now know that one of those projects is a Diablo II remake.Read more
Biden Administration Reported to Be Lining up a Former Ripple Advisor as the Next Bank Regulator
22.1.2021
Micheal Barr, the former member of Ripple’s board of advisors, is set to become the United States’ next banking regulator, according to a report. A former assistant treasury secretary, Barr will become the second individual with crypto connections to lead the Office of Currency...
Report: $250 Collector's Edition Of Cyberpunk 2077 Gets Refunded, Player Gets To Keep It Anyway
21.1.2021
For the last month, digital storefronts, brick-and-mortar retailers, and developer CD Projekt Red have been processing refunds for Cyberpunk 2077’s busted console version. That includes the game’s $250 collector’s edition, which in one case CDPR refunded without making the customer in question...
Reports Show Crypto Custodian Xapo Set to be a Digital Bank in Gibraltar
21.1.2021
According to a recent report, the cryptocurrency custodian Xapo is getting ready to become a “fully-fledged” bank in the British Overseas Territory of Gibraltar. The region located at the southern tip of the Iberian Peninsula has also been extending “regulatory guidelines...