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PlayStation Plus Just Added 2022’s Most Stylish Arcade Racer


Driving games can loosely be divided into two sub-genres: simulation and arcade. The former category includes the likes of Gran Turismo or Forza (not the Horizon series) and focus on more realistic racing. But the latter is all about fun over realism. 2022’s Need for Speed Unbound, the latest...

Crypto Funding Picks Up As Bitcoin Bull Run Sparks Fresh Interest


Crypto’s comeback year is getting even better, as venture capitalists are reentering the funding arena. Breaking a downward trend, VC investment in crypto startups climbed 2.5% to $1.9b in Q4 2023, marking the first such rise since Q2 2022, PitchBook data published Thursday showed. Though still...

CoinList to Acquire FTX’s Digital Custody Subsidiary in Cut-Price Deal


The FTX Debtors estate, under the leadership of CEO John Ray III, has initiated the process of selling Digital Custody Inc. (DCI) to CoinList. FTX had previously acquired the subsidiary in two separate transactions, one in December 2021 and the other in August 2022, for a total of $10 million....

Web3 Importance Highlighted in Alex Tapscott’s New Book


A research report published by Spherical Insights & Consulting found that the global Web3 market size was valued at $1.82 billion in 2022. According to the report, this number is expected to reach $67.92 billion by 2032. Yet while the potential behind Web3 is massive, confusion remains when...

PS Plus Just Added 2022’s Most Underrated Action Game


It’s a new month, which means that PlayStation Plus subscribers have a new collection of games to download for free. For February, PS Plus has added Steelrising and Square Enix’s multiplayer shooter Foamstars. But the highlight of the new offerings is Rollerdrome from developer Roll7....

Bankrupt Crypto Lender Genesis Moves to Settle with NY Attorney General


Bankrupt lender Genesis on Thursday settled a lawsuit with New York Attorney General Letitia James over its now-defunct Earn program. The Earn program, operated jointly with Gemini Trust, offered customers up to 8% interest on crypto loans. But it was suspended amid the crypto market downturn...

Ripple Requests One Week Extension for Documents in SEC Suit


Ripple has filed a motion requesting an extension of one week to gather and submit documents in its ongoing courtroom battle against the SEC. The documents under examination largely comprise financial statements covering the period from 2022-2023. In addition, the SEC seeks “post-complaint...

DeFi TVL Reaches $60 Billion, Highest Level Since August 2022


The decentralized finance (DeFi) sector is experiencing a surge in popularity, with the total value of tokens (TVL) deposited on DeFi-focused blockchains reaching $60 billion. This marks the highest level since August 2022, according to data provider DeFi Llama.  The recent increase in TVL can...

British Columbia Court Upholds B.C. Hydro’s Ban on Crypto Mining


A provincial supreme court judge in British Columbia has deemed B.C. Hydro’s moratorium on crypto mining projects reasonable, according to a ruling posted on Monday. The moratorium, initially enacted in December 2022, faced a challenge from Conifex Timber, a forestry company diversifying into...

Shareholder Sues Crypto Mining Firm Over Unrealistic Pre-IPO Claims


A shareholder sued crypto mining firm Stronghold’s senior officials, claiming that they made impractical pre-IPO pledges. Glenn Bruno’s Friday complaint targets Stronghold’s officers and directors for alleged legal violations between July 2021 to March 2022. The violations include breaches...

Ripple Must Reveal Financial Statements in SEC Case, District Court Rules


Ripple will have to reveal its financial statements from 2022-2023 in its case against the United States Securities and Exchange Commission (SEC), a Monday court filing revealed. “At this stage, the Court sees no basis to short-circuit that inquiry by denying access to readily available information...

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