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Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go
28.1.2023
The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and “industry-wide capitulations”...
All Eyes on the Next Fed Meeting: Market Trajectories Hinge on Decision
21.1.2023
Equities, precious metals, and cryptocurrencies have been on a tear during the last three weeks of 2023, and all eyes are now focused on the next Federal Open Market Committee (FOMC) meeting, which is 11 days away. On Friday, Federal Reserve governor Christopher Waller said that he favors...
FTX Donations to Early Covid-19 Researchers Raise Questions of Propaganda Tied to Pandemic Prevention
12.1.2023
While the former CEO of FTX, Sam Bankman-Fried, awaits his trial at the end of the year, reports indicate that the company donated millions of dollars to early Covid-19 researchers. The research was reportedly used to cast doubt on specific treatments, such as the use of ivermectin...
Senator asks FDIC about allegations it discourages bank relations with crypto companies
17.8.2022
Sen. Pat Toomey says he has information from whistleblowers that the FDIC without a legal basis is discouraging banks from dealing with companies with crypto links
A Newly Published Book Claims to Tell the ‘Real Story Behind Mysterious Bitcoin Creator’
5.6.2022
During the last 13 years, a great number of individuals have claimed to be the inventor of Bitcoin, but no single person has been able to prove this to the greater crypto community. At the end of August 2019, a marketing and public relations (PR) agency published a press release that featured a...
Belarusian Devs Delay Cyberpunk Game Due To Ongoing War In Ukraine
25.5.2022
The forthcoming cyberpunk game Replaced won’t make its planned 2022 release. Today, developer Sad Cat Studios announced the side-scrolling platformer is now planned for next, citing the ongoing war in Ukraine as the cause.Read more
Nintendo Still Silent On Workplace Allegations Despite Acknowledging Them Internally
12.5.2022
It’s been nearly a month since a former employee filed a National Labor Relations Board complaint against Nintendo alleging surveillance, coercion, and retaliation. Outside of an initial statement denying the company engaged in union-busting, the house of Mario has remained publicly silent in...
BioWare Contractors Supporting On Games Like Mass Effect Seek To Unionize
25.4.2022
Keywords Studios developers working in support of Dragon Age 4 maker BioWare are seeking to unionize. That’s according to an April 20 application filed with the Alberta Labor Relations Board. The staff is preparing for a union vote following recent labor organizing efforts at other game...
Nintendo Worker Files Complaint With National Labor Relations Board
19.4.2022
On April 15, an anonymous employee filed a complaint against Nintendo and contracting company Aston Carter with the National Labor Relations Board. The public case docket lists allegations of coercive statements, discharge, retaliation against concerted activities, and surveillance. Read more
Fed’s Bullard Wants to Raise Bank Rate to 3.5% by Year’s End, Hints at 75 Basis Point Rate Hike
19.4.2022
The 12th president of the Federal Reserve Bank of St. Louis, James Bullard, thinks the U.S. central bank can increase the benchmark bank interest rate by 75 basis points this year. Bullard believes the Fed could raise rates to 3.5% by the fourth quarter of 2022 to combat the red hot inflation...
Russia May Legalize Software Piracy As Tech And Game Companies Continue To Pull Out
10.3.2022
The Russian government is looking to legalize at least some software piracy to help its citizens get around the growing list of tech, gaming, and software bans that the country faces due to its ongoing and destructive invasion of Ukraine. It seems Russian leaders and lawmakers are preparing to live...
Where Was Kotaku Last Week?
9.3.2022
So that just happened.Read more
Real-Life Spy Agencies Troll Each Other Over Wordle
3.2.2022
Wordle continues its gentle taking over of the world. In the days following the surprise announcement that the New York Times is buying the game for at least a million bucks, the head of the UK secret intelligence service, MI6, tweeted complaining about people’s results from the word game appearing...
Activision VP Posts Anti-Union Message In Company Slack
1.2.2022
Raven’s QA workers winning the right to unionize was a short-lived victory; in the days since returning from their strike Activision has announced plans to split everyone up, and then reveal a larger strategy that’s aimed at crushing this movement before it’s allowed to take hold.Read more
Australian Video Games Industry Is Getting Its Own Union
7.12.2021
Game Workers Unite Australia, a body that had previously been an advisory and support organisation, announced today that early next year it will be transitioning to becoming a full-blown union.Read more
Bobby Kotick Actually Wrote Fran Townsend's Deranged, Company-Wide Email
16.11.2021
Earlier this year, an email was sent to all employees of Activision Blizzard from the email account of Chief Compliance Officer, former Executive Sponsor of the ABV Employee Women’s Network and former Torture Apologist Fran Townsend. Sent in the midst of historic allegations of harassment against...
LD Capital Establishes $50M FOF for Supporting High-Quality Blockchain Funds Worldwide Including 1kx
25.9.2021
PRESS RELEASE. LD Capital announced it established a 50 million US dollars FOF towards supporting high-quality blockchain funds worldwide. Besides the financial support, hundreds of the projects invested by LD Capital will be shared as resources to the participated funds with post-investment...
EY Releases Nightfall 3 — Protocol Aims to Bolster Private and Affordable Ethereum Transfers
5.7.2021
EY, the multinational professional services network commonly known as Ernst & Young, has announced the company has contributed a set of tools for privately managing transactions on the Ethereum network. EY’s global media relations executive Joanna Hardy explained on Thursday how...
Jefferies’ Equity Strategist Expects Accommodating US Crypto Regulation Unlike China’s Authoritarian Model
29.6.2021
The head of global equity strategy at Jefferies, an investment bank and asset management firm, says that cryptocurrency regulation in the U.S. would “ultimately be very positive” for bitcoin or other crypto assets. It will also be more accommodating than China’s authoritarian...
G7 Leaders Ask Russia to Urgently Identify Those Who Abuse Cryptocurrency in Ransomware Attacks
14.6.2021
The G7 leaders have called on Russia to urgently “identify, disrupt, and hold to account” ransomware hackers and those abusing cryptocurrency to launder ransoms. “We reiterate our interest in stable and predictable relations with Russia, and will continue to engage where there...