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Drones, Fertility, and Defi — A Look at Alameda Research’s Massive $5.4 Billion Portfolio of Investments
8.12.2022
Over the last few weeks, there’s been a lot of information revealed surrounding the recent FTX and Alameda Research disaster. On Dec. 6, the Financial Times (FT) published documentation that shows Alameda’s investment portfolio, which alleges the company spent more than $5 billion on hundreds...
Aptos (APT), Quant (QNT), and Snowfall Protocol (SNW) headed towards double-digit growth?
6.12.2022
This year appears to be the year of small guys in cryptoverse. Almost every major cryptocurrency has crashed, sometimes leaving a long trail of devastation in its wake. We’ve witnessed the likes of Terra being wiped out of the market. We’ve also seen over $2 trillion lost from the crypto industry....
BNB Chain-Based Defi Protocol Ankr Suffers Major Exploit
2.12.2022
Decentralized Web3 infrastructure provider Ankr has become the latest victim of a hacking attack targeting the defi space. The perpetrators who hit the platform were able to mint and steal a massive amount of tokens in a multimillion-dollar exploit. Defi Protocol Ankr Hit by Unlimited Mint...
Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs
30.11.2022
During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay roughly $0.12 per kilowatt hour (kWh), only...
Vitalik on Suspect Centralization, FTX’s ‘Absolute Fraud,’ Coinbase Confirms Bitcoin Holdings — Week in Review
27.11.2022
As the smoke starts to clear around the massive crater left by the FTX disaster, Ethereum co-founder Vitalik Buterin has shared his thoughts on the ether community’s view of centralization. In related news, CME Group CEO Terry Duffy recalls in March when he called former FTX boss...
SBF Is Sleeping Better, Playing Video Games — New York Times Sam Bankman-Fried Interview Dunked on for Going Soft on FTX Co-Founder
15.11.2022
On Nov. 14, the New York Times (NYT) published a massive 2,200-word expose and interview with the former CEO of FTX, Sam Bankman-Fried (SBF), and the article was criticized a great deal after it was published. The article noted that SBF would only offer “limited details about the central questions...
FTX’s Failure Is Sparking a Massive Regulatory Response
14.11.2022
Lawmakers, regulators and criminal investigators are looking into FTX’s collapse, and Sam Bankman-Fried’s tweets aren’t helping
Crypto Trading Platforms Deal With Massive Withdrawal Requests — Over $5 Billion in BTC, ETH Removed From Exchanges
14.11.2022
During the last week, the crypto community has been dealing with the demise of FTX and its affiliated crypto businesses, and ever since then, the proof-of-reserves topic has found its way to the forefront of conversations. Another silver lining to the fiasco is the fact that cryptocurrency...
Gigantic burn on launch set to send Uniglo.io into the top 100 alongside Klaytn and Maker
11.11.2022
As the crypto industry looks to continue its growth and adoption in 2022, several new projects are launching that could significantly impact the space. Uniglo.io is a new social currency set to get listed on Uniswap on November 19 with a massive burn of leftover presale tokens. This move will...
Traders take a neutral position after Ethereum futures contracts see massive liquidations
11.11.2022
ETH price plummeted to a 4-month low at $1,070 after a wave of futures liquidations
Panic Grips SOL With Record Volatility and Massive Put Demand
10.11.2022
An incoming supply deluge seems to have spooked investors in both the spot and derivatives markets
Twitter Begins Mass Layoffs — Elon Musk Says ‘No Choice’ Citing $4M Loss per Day
6.11.2022
Tesla CEO and Twitter chief Elon Musk has begun massive layoffs at the social media company. The billionaire explained that there is no choice since Twitter is losing over $4 million a day. “Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though...
Conflicting Opinions on Future of US Economy, Bitcoin Added to Guinness World Records, and More — Week in Review
23.10.2022
Economist and gold bug Peter Schiff has warned that the United States Federal Reserve’s actions to rein in inflation could lead to a “massive financial crisis” or flight away from the dollar on a global scale. Meanwhile, Joe Biden says the economy is “strong as hell,”...
Massive Zelda Wiki Reclaims Independence Six Months Before Tears of The Kingdom
21.10.2022
Earlier this month, the wiki-hosting company Fandom scooped up several games sites, including Giant Bomb and GameSpot, in an acquisition worth $50 million. And that exorbitant price of the sale, coupled with what the website calls “questionable staffing decisions” at the company, has led the Zelda...
Blockchain Technology Could Be ‘Massive Disruptor’ for TradFi, Says Franklin Templeton CEO
19.10.2022
Jenny Johnson, President and CEO of the capital markets giant, joined CoinDesk TV live from I.D.E.A.S. 2022 in New York City to discuss the firm’s outlook on blockchain technology and the launch of its crypto-focused separately managed accounts
Understanding TRON Grand Hackathon 2022 Season 3 and the Hacker House Event
19.10.2022
TRON is a layer-1 blockchain utilizing a delegated proof of stake consensus mechanism. Its eco-friendly network, low fees, and easy to use developer tools have allowed it to attain a massive amount of user growth and innovative projects. Dave Uhryniak is the Director of Ecosystem Development...
Yakuza Producer Admits One Piece Was A 'Massive Influence’ On Like A Dragon
17.10.2022
Have you ever had the niggling feeling that Yakuza: Like a Dragon felt an awful lot like an anime, with its mixture of palpable melodramatic drama and the cognitive dissonance of its wildly entertaining “filler” side-quests? Your feelings are now validated, because the game’s head writer says...
Economist Peter Schiff Warns Fed Action Could Lead to Market Crashes, Massive Financial Crisis, Severe Recession
17.10.2022
Gold bug and economist Peter Schiff says there are two possible outcomes of the Federal Reserve’s action on the U.S. economy. One outcome leads to “a massive financial crisis and severe recession” as stocks, bonds, and real estate crash. In the second outcome, “the world...
Massive Madden 23 Patch Tries Addressing Backlash, Still Leaves Fans Fuming
14.10.2022
EA’s “most polished” Madden in years continues to walk a rough road. Madden 23 received its massive October title update on Thursday, and with it a lot of welcome tweaks to underlying gameplay. But despite a bevy of bug fixes, many fans still feel like EA isn’t been honest about the current...
Elden Ring Gets Massive Combat Overhaul As It Makes Way For DLC
13.10.2022
Another major update is shaking up the world of Elden Ring, and this time FromSoftware is calibrating the changes differently depending on whether you’re playing the main game or dunking on strangers in PVP. That addresses a longtime request by fans to balance the two sides of the game separately...