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Argentinian Crypto Exchange Buenbit Cuts 45% of Staff Due to Tech Industry Downturn
24.5.2022
The company will focus on its current operations in Argentina, Mexico and Peru, and freeze previous plans to expand into other countries
Russia's updated crypto mining bill cuts tax amnesty for Bitcoin miners
24.5.2022
Legislators in the lower house of Russia's parliament also dropped the notion of a special register for mining operators
Core Scientific Cuts Hashrate Outlook, Q1 Revenue Misses Estimates
12.5.2022
Despite the news, shares of the miner were up in after-hours trading
Robinhood Cuts 9% of Workforce as ‘Hyper Growth’ Slows
26.4.2022
CEO Vlad Tenev said the platform’s rapid growth in 2020 and 2021 led to duplication of roles and functions
Global and Bitcoin Cuts, Ethereum Movie, Busy Binance, NFT Base, and 20 Crypto Jokes
23.4.2022
This week global markets have been shaken by the news of a worsening global economic outlook. At the same time, the IMF has issued DeFi governance recommendations, and the FSB once again issued another crypto warning. Moreover, there have been reports about stagnating bitcoin and IMF bond deals...
Binance Limits Services to Russian Users to Comply With EU Sanctions
22.4.2022
Following the latest round of EU restrictions against Russia, digital asset exchange Binance is limiting services to Russian clients. The company pledged to lead the industry in implementing the sanctions and urged all major trading platforms to follow. Crypto Exchange Binance Cuts Services...
Military MMO Dev Wargaming Cuts Ties With Belarus, Russia Over Invasion works
4.4.2022
Hit freemium developer Wargaming is abandoning its operations in Belarus and Russia over the invasion of Ukraine, now in its 39th day. The World of Tanks maker said it has turned over live operations of its games in both countries to its now-former studio in Russia and will “not profit from this...
Kazakhstan Auditors Go After Crypto Miners Accused of Exploiting Tax Benefits
3.4.2022
Authorities in Kazakhstan have found several businesses minting digital currencies that took advantage of tax cuts they were allegedly not supposed to benefit from. Auditors said the crypto firms registered as “innovative companies,” to receive millions of dollars in tax preferences....
Sony Cuts PlayStation Jobs Despite Growth
31.3.2022
Sony is cutting up to 90 jobs from its “merchandiser” and retail marketing teams as part of a “global transformation,” according to a new report by Axios. The layoffs come despite the continued growth of PlayStation thanks to the success of the PS5, and some employees were caught off guard by...
DA Davidson Cuts Miner Stronghold’s Target by 40% Ahead of Earnings
29.3.2022
The stock is still “super cheap” compared to other mining peers, analyst says
Kazakhstan Extends Power Cuts for Cryptocurrency Miners
3.2.2022
Crypto farms in Kazakhstan will remain unplugged until Feb. 7, as the local utility has extended power cuts for miners. The company points to ongoing difficulties with electricity supply as the main reason for the measure, which was supposed to expire at the end of January. Mining Facilities...
Sony Cuts PlayStation 5 Sales Expectations Due To Global Chip Shortage
2.2.2022
In what will come as a surprise to absolutely no one, chip shortages impacted the PlayStation 5 late last year. Don’t expect that to change just yet. During Sony’s most recent quarterly financial earnings, the company’s gaming division did see a rise in profit. However, as Reuters notes, Sony...
Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions
20.1.2022
The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated that crypto investors will be treated like those who put money into stocks. Presidential...
Argentinian Government Inquires About Energy Bitcoin Mining Companies Use Amidst Power Cuts
3.1.2022
The Argentinian government is starting to inquire about the power consumption of bitcoin mining companies after some provinces in the country faced power cuts during the last days of 2021. Cammesa, the state-owned power wholesaler, has sent a memo to big power consumers to reveal whether they...
Iceland cuts power to new Bitcoin miners
8.12.2021
Starting December 7, no new requests for power from Bitcoin mining operations will be accepted from the country’s energy utility service
Minigame That Gave Kids 'Cuts, Blisters & Burns' Returns To Mario Party With A Warning
25.10.2021
The upcoming Mario Party Superstars on the Switch features 100 minigames drawn from the long-running history of the series. One of those, Tug o’ War, is making a somewhat surprising return after what happened last time the game was available to play with an analogue stick.Read more
Resident Evil 4 VR Cuts Upskirts, Suggestive Dialogue
21.10.2021
The upcoming VR version of Resident Evil 4, which by my unofficial count is the 119th re-release of Capcom’s classic, is also apparently going to be one of the most unique, with at least one of the companies involved in its release—Facebook, Capcom and Armature—deciding to remove some of...
Death Stranding Director's Cut's Save Transfer System Is Kojima At His Best
23.9.2021
While the average game director would have players simply port their saves from the PlayStation 4 to the PlayStation 5 via some unobtrusive menu, Hideo Kojima is built different. No, players who want to play Death Stranding Director’s Cut on PS5 for high framerates and fast load times will have...
Ghost of Tsushima Director's Cut's Iki Island Expansion Is Just Fine
19.8.2021
Of all the features announced for the PlayStation 5 version of Ghost of Tsushima’s new director’s cut—bullet points like “DualSense wireless controller haptic feedback” and “dynamic 4K resolution targeting 60 fps”—the one that most caught my attention was “lip sync for Japanese voiceover.”Read more
Oscar Mayer Is Auctioning a 10-Pack of Dogecoin-Themed Hot Dogs, Proceeds Go to Hunger-Relief Charity
6.8.2021
After a great number of well known product brands like Burger King, Axe, Snickers, Milky Way, and Slim Jim have been riding the dogecoin hype, the American meat and cold cut manufacturer ​​Oscar Mayer has also jumped on the dogecoin bandwagon. Similar to Axe, Oscar Mayer has also...