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Signature Bank Considered a Buy as Last Major Bank Standing in Crypto Market Amid Silvergate and SVB Troubles
10.3.2023
Amid the demise of Silvergate Bank and the troubles faced by Silicon Valley Bank (SVB), market analysts believe Signature Bank (SBNY) may be a buy as it’s considered the “last game in crypto-town,” according to Wells Fargo equity analyst Jared Shaw. Silvergate’s liquidation...
Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss
10.3.2023
On March 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 hours. SVB was forced to sell a $21 billion bond portfolio at a $1.8 billion loss. CEO Greg Becker insists that the financial institution...
Report: Hong Kong Residents Lost More Than $216 Million to Crypto Scams in 2022
9.3.2023
According to Hong Kong police, in 2022 there were 2,336 reported crypto scam-related cases in which more than $216.6 million was lost. Although losses relating to crypto scams only constituted just over 10% of the nearly 23,000 reported technology crimes, they still accounted for more than half...
Sony Sounds More Paranoid Than Ever About Xbox Owning Call Of Duty
8.3.2023
In new documents, Sony seems worried and more paranoid than ever about the prospect of Microsoft owning Call of Duty should that company’s deal to consume Activision Blizzard go through. It goes so far as suggesting that Microsoft could raise the price on future Call of Duty installments...
YouTube’s New Profanity Policy Will Let You Cuss A Bit More
7.3.2023
Good news for all the potty-mouthed YouTubers out there. A new update introduced by the monetization policy team makes some important changes, letting you cuss more often in your uploads and still collect that ad-revenue bag.Read more
Yuga Labs’ Twelvefold Collection of Ordinal Inscriptions Generates 735 Bitcoin, Worth More Than $16 Million
7.3.2023
Yuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bidders. The Twelvefold collection of inscriptions generated 735.7 bitcoin, worth more than...
More than just an airdrop? Arbitrum builds a resilient DeFi fortress with unique primitives
7.3.2023
Arbitrum is making moves to become the hub of decentralized derivatives trading and DeFi activity within the layer-2 space
Xbox Announces A Solid Month For Game Pass, Adding Dead Space And More
7.3.2023
Xbox shared the latest games to join its subscription service Game Pass in a blog announcement earlier today, and it’s looking pretty good. This early month update adds Guilty Gear Strive, plenty of Dead Space, and a few important updates to games you already have.Read more
SEC Files Emergency Action Against Bkcoin in $100 Million Crypto Fraud Scheme
7.3.2023
The U.S. Securities and Exchange Commission (SEC) has filed an emergency action against Miami-based investment adviser Bkcoin and one of its principals, Kevin Kang. “The defendants disregarded the structure of the funds, commingled investor assets, and used more than $3.6 million to make...
Deep dive: how Cosmoteer became a breakout Steam hit
6.3.2023
Lots of numbers attached! Also: a follow-up on Steam keys & more
Naira redesign no more: President’s directive canned by Nigerian supreme court
6.3.2023
The supreme court of Nigeria says no to naira redesign, rules the old banknotes to remain in circulation
Dubai-Headquartered Crypto Exchange MaskEX Launches Virtual Card for Worldwide Spending and Welcomes Ben Caselin as Vice President to Drive Global Expansion Effort
6.3.2023
PRESS RELEASE. Dubai, United Arab Emirates, March, 2023 – MaskEX, a rapidly expanding third-generation crypto exchange, headquartered in Dubai, has announced the launch of its crypto-backed Virtual Card, enabling users to spend their crypto as fiat in more than 176 countries with over 50 million...
Brazilian Tax Authority Numbers Reveal Cryptocurrency Market Recovery in January
6.3.2023
Numbers from the Brazilian tax authority indicate that the cryptocurrency market experienced a resurgence in January, with trading increasing more than 10% compared to December. Tether’s usdt is still the currency that moves the most volume, a reality related to OTC (over-the-counter)...
The Last Of Us Show Makes Its Most Horrific Character More Horrifying
6.3.2023
When I finished The Last of Us’ eighth episode “When We Are in Need,” which recounts the events of the game’s winter section, I had to go take a walk. I thought I was emotionally prepared to see a live-action version of the source material’s darkest moments, but I was once again surprised by...
Gold Bug Schiff Says ‘The Months of Declining Inflation Are in the Review Mirror,’ AI Crypto Assets Surge, and More — Week in Review
5.3.2023
Economist and gold enthusiast Peter Schiff has said that the U.S. Fed may have to fight a “complete economic collapse” and be faced with more to worry about than the current battle against inflation. In other news, artificial intelligence (AI) crypto assets have seen a recent surge,...
Bank of America Expects the Fed to Keep Hiking Rates Until ‘Point of Pain’ for Consumer Demand
5.3.2023
Bank of America has warned that the Federal Reserve will have to keep raising interest rates until it finds “the point of pain for consumer demand.” Expecting a slowdown in consumer demand to “lead to an outright recession,” the bank’s economist cautioned that...
Nifty News: Dan Harmon’s NFT show set for season 3, NFT-friendly Square Enix CEO steps down and more…
4.3.2023
Square Enix’s NFT-friendly CEO is stepping down, but it may not impact the firm’s NFT plans, while Disney-backed Baobab Studios' first NFT drop sold out ahead of its upcoming RPG game
Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday
3.3.2023
According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin worth $190.9 million was bridged over to the Avalanche...
Why CryptoMories (CRYPTOMORIES) and Acrocalypse (ACROC) holders are buying more Collateral Network (COLT)?
3.3.2023
A common experience among crypto and NFT holders is diversifying their portfolios, especially when they see more promising projects. Collateral Network (COLT) has seen an influx of new investors recently, resulting from a token price of just $0.01, especially from Acrocalypse (ACROC)...
Former NBA Player Baron Davis Says Celebs Will Focus More on 'Utility' Tokens
2.3.2023
Following the SEC’s crackdown on celebrity-endorsed projects, the serial entrepreneur says celebrities jumping into crypto are more likely to focus on their core fan group with a project that provides real utility and reward opportunities