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Hut 8 Faces Multiple Lawsuits From Shareholders Following Stock Crash
7.3.2024
A class action securities lawsuit was filed against Hut 8 Corp., seeking to recover the losses of shareholders who were adversely affected by alleged securities fraud between November 9, 2023, and January 18, 2024.
The post Hut 8 Faces Multiple Lawsuits From Shareholders Following Stock Crash...
Hydro Crypto Token Price Manipulation Convict Gets Jail Term
8.2.2024
A Florida federal jury convicted Hydrogen Technology Corp’s former head of financial engineering over crypto price manipulation conspiracy. The convict, Shane Hampton, allegedly orchestrated a months-long scheme to manipulate the price of Hydrogen Tech’s native crypto token – Hydro. The beleaguered...
Elon Musk Will Fund Gina Carano's Lawsuit Over Star Wars Firing
6.2.2024
This is a lot so, sit down and take a deep breath. Gina Carano, the actress who was fired from The Mandalorian for “social media posts denigrating people based on their cultural and religious identities” is now suing Lucasfilm for discrimination and wrongful termination. And, because the comments...
Legendary Industry Veterans Get Candid On Ageism In Gaming
2.2.2024
Video game publisher Activision Blizzard has been embroiled in controversy within the last few years, from allegations that a culture of sexual harassment was allowed to thrive to reports of union-busting by management. But in January 2024, when a new lawsuit was filed against the Call of Duty...
Celsius Emerges From Bankruptcy, Begins to Distribute $3 Billion to Creditors
1.2.2024
Celsius has concluded its Chapter 11 bankruptcy process and is embarking on a new journey with the launch of Ionic Digital, Inc., a bitcoin mining company managed by Hut 8 Corp. This development follows a complex legal and financial restructuring, which will include over $3 billion distributed...
Celsius Emerges from Bankruptcy and will Distribute $3B to Creditors
1.2.2024
Celsius Network has emerged from bankruptcy and is planning to pay over $3 billion of cryptocurrency and fiat to its creditors. Part of the bankruptcy plan will include the creation of a new Bitcoin mining company named “Ionic Digital” which will be fully owned by Celsius’ creditors. Hut 8 Corp....
Everything We Know About The Nintendo Switch 2
26.1.2024
We know there’s going to be a follow-up to the Switch. Mostly because the other option is Nintendo just hanging up its hat and walking off into the sea, and that’d be weird. Nintendo is, as ever, entirely mute on the subject, but rumors are reaching category 5 that the console giant’s next console...
Bitcoin Miners Hut 8 and USBTC Complete Merger, Forming New Hut 8 Corp for Upcoming Halving
1.12.2023
The merger of Hut 8 Mining and USBTC ahead of the 2024 Bitcoin halving event has created the new Hut 8 Corp, the largest publicly traded Bitcoin mining company. Image by 24K-Production, Adobe Stock. On November 30 major players in the Bitcoin mining industry, Hut 8 Mining Corp. and US Bitcoin Corp...
AI Tokens Jump on Irrational Euphoria as Musk’s X Corp Reveals xAI Shareholding
20.11.2023
Developments in key AI companies sometimes drive gains in AI-focused tokens as traders bet on the long-term growth of such tokens
Largest Clearing House in the US Acquires Digital Asset Firm Securrency
19.10.2023
The Depository Trust & Clearing Corp., known as DTCC, has acquired digital asset infrastructure company Securrency, according to a Thursday announcement. Securrency will soon rebrand as “DTCC Digital Assets.” Looking ahead, DTCC said it plans to use blockchain technology to integrate digital...
New Game Tasks You With Running Twitter, Good Luck
18.10.2023
Social media sites like Twitter, Facebook, and Instagram are massive beasts that are hard to control, moderate, and keep profitable. Balancing user safety, privacy, ad revenue, employee mental health, and more is tricky. Luckily, you can find out just how tricky it is in a new free web game that...
Elon Musk's Diablo IV Play Isn't Bad But His Twitter Livestream Sure Was
3.10.2023
Elon Musk followed up on a September proclamation that he’d test out video game livestreaming on X (Twitter), with a run through Diablo IV’s most difficult Tier 100 Nightmare dungeon. The October 2 stream was an unprecedented success, in the sense that it happened with—as far as I can tell—zero...
Citizen Journalist Elon Musk Livestreams Mexican Border In Dead Space T-shirt
29.9.2023
South African-Canadian immigrant Elon Musk promised on September 27 that he’d test livestreaming on X (you know it as Twitter) “with some silly stuff,” he said, like a Diablo IV speedrun with no powerful Malignant Heart add-ons. On September 28, he decided to livestream the Texas-Mexico border...
Report: Huawei’s Kirin Chip May Have Been Accelerated by Bitcoin Mining Orders
6.9.2023
A recent report by The Miner Mag suggests bitcoin mining orders might have sped up Huawei’s development of its new Kirin smartphone chip. The chip, which powers Huawei’s new Mate 60 Pro smartphone, was produced by China’s Semiconductor Manufacturing International Corp. (SMIC)...
Naver Corp unveils South Korea's answer to ChatGPT and generative AI
24.8.2023
South Korean internet giant Naver Corp. has released CLOVA X, a Korean language chatbot similar to ChatGPT that can have conversations and summarize text
S&P Downgrades 5 Regional US Banks Amid Challenging Banking Environment
24.8.2023
On Monday, S&P Global Ratings slashed ratings for five U.S. regional banks, pointing to the strenuous operating atmosphere plaguing the sector since the year’s outset. The impacted banks include Associated Banc Corp., Comerica Inc., KeyCorp, UMB Financial Corp., and Valley National...
SEC seeks to question Terraform Labs co-founder Daniel Shin in Korea
18.8.2023
The SEC seeks to question Daniel Shin on Do Kwon and Chai Corporation’s relationship with Terraform Labs
FDIC Crypto Warning Underlines U.S. Banking Agencies' Arm’s-Length Policy
15.8.2023
The U.S. Federal Deposit Insurance Corp. added crypto as one of five broad categories this year in its annual risk report, a snapshot of the dangers the banking regulator considers a top priority at the moment
Twitter Owner Elon Musk Is Now A Fallout: New Vegas Bad Guy
28.7.2023
Fallout: New Vegas might be a 13-year-old game, but fans of Obsidian Entertainment’s open-world RPG continue to tinker with and release mods for it to this day. Hell, just this week, New Vegas received 88 new PC mods and one of them is hilariously on point, replacing one of the game’s main...
Elon Musk to rebrand Twitter to X, but Crypto Twitter has other ideas
24.7.2023
One pitch from Axie Infinity’s co-founder said to keep Twitter but have a crypto wallet named X for spending and creator tipping