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Sony Cuts PlayStation Jobs Despite Growth


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...

Report: E3 2022 Canceled


Pour one out for the “world reveals” and “world exclusives.” E3 won’t happen at all this summer, IGN reports.Read more

‘No Plan to Issue CBDC’ — Bank of Japan Governor


Haruhiko Kuroda, the governor of the Bank of Japan (BOJ), has said the bank is currently not planning to launch a digital currency. The remarks come just a few days after the BOJ announced the commencement of the second phase of central bank digital currency experiments. Role of CBDC...

The Growing Digital Asset Lifeline in Ukraine


Crypto donations have been a major source of support for Ukraine’s defense and humanitarian efforts. Meanwhile, Russian citizens may also embrace crypto more as their economy and currency craters due to international sanctions

US Senator Suggests Banning Fed From Issuing a Direct-to-Consumer CBDC


  US Senator Ted Cruz has introduced companion legislation to a January 2022 bill drafted by Representative Tom Emmer, which prohibits the Federal Reserve (Fed) from issuing a central bank digital currency (CBDC) directly to individuals. The legislation bans the Fed from developing...

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