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Vitalik: People still 'underrate' the superiority of crypto payments
25.8.2022
The Ethereum co-founder suggests that cryptocurrency payments are a "big boost" to international business, charity, and even payments within countries
GTA Producer's New Game Doesn't Have NFTs, They're Just Hiring People With Blockchain Experience
24.8.2022
The first game of Gamescom’s Opening Night Live was Everywhere, a shooting game led by the producer of the Grand Theft Auto series. However, the announcement and developer interview was so vague that many people started speculating that the game might be hosted on the blockchain. Today,...
RBI Governor Says Central Bank's Warnings Pushed People to Avoid Crypto: Report
23.8.2022
The central bank has maintained banning cryptocurrency is the most suitable choice for India
PlayStation Hit By $5.9 Billion Lawsuit For ‘Ripping People Off’ On Digital Games
22.8.2022
A consumer rights advocacy group is suing Sony for charging a 30 percent commission fee on all digital purchases made through the UK PlayStation Store. This is functionally a class action lawsuit that seeks to distribute billions of dollars to players who have used the PlayStation UK store since...
The Xbox Features Most People Forget About
18.8.2022
We did it for the Switch. We did it for the PlayStation 5. It’s only fair that we do it for the Xbox, too. Earlier this month, Sony announced it’d purge the barely-used Accolades feature from PS5, which allowed you to bestow awards on others in multiplayer games. This spurred a thought exercise:...
Ukraine has shown the value cryptocurrency offers to real people
18.8.2022
Ukrainian refugees have used cryptocurrency to survive. And contrary to what critics believe, sanctions have prevented Russia from finding much use for crypto
Chainalysis: Illicit Crypto Activity Falls — Scam Revenue 65% Lower Than Last Year
18.8.2022
Chainalysis has found that illicit crypto volumes are down this year, with total scam revenue sitting at $1.6 billion, 65% lower than where it was through the end of July last year. “Those numbers suggest that fewer people than ever are falling for cryptocurrency scams,”...
Israel Arrests 3 in Crypto Scheme to Launder Millions Stolen From France
17.8.2022
Police in Israel have detained three suspects who allegedly laundered millions of euros stolen from the French treasury through cryptocurrency transactions. The money came from government grants for businesses affected by the Covid-19 pandemic. Israeli Law Enforcement Busts Money-Laundering Ring...
Report: Celsius CEO Accused of Controlling Crypto Company’s Trading Scheme and Placing Bad Bets
17.8.2022
According to a recent report published on Tuesday, the Israeli-American founder and CEO of Celsius Network, Alex Mashinsky, was in charge of the company’s trading strategy. The report, citing multiple people familiar with the matter, said Mashinsky sold millions of dollars’ worth...
Proposed Ethereum PoW Fork Token Loses Half Its Market Value in Less Than 6 Days
14.8.2022
In 32 days, Ethereum is expected to upgrade from a proof-of-work (PoW) consensus algorithm to a proof-of-stake (PoS) system after the network used PoW for seven years. While the testnets have implemented the new rules, most people envision a relatively smooth mainnet transition. However, another...
Study: Number of People Working in Blockchain Industry Went up by 76%, Large Gap in Demand for Technical Talent Exists
12.8.2022
The number of people working in the blockchain industry went up by 76% year-on-year as of June 2022, a study undertaken by the professional networking platform Linkedin and the crypto trading app OKX has found. The study also found there is “a large gap in demand for technical talent in...
Bukele Takes a Laugh at South Korean Drama Featuring a Crypto-loving Character Based on Him
10.8.2022
The latest episode of a South Korean drama series about scorned women looking for revenge featured a character based on the El Salvadoran President Nayib Bukele – and the Bitcoin (BTC)-keen leader is looking on the light side.
The drama in question is named “Becoming Witch” and is currently airing...
The PlayStation 5 Features Most People Forget About
10.8.2022
Earlier this month, Sony announced the purge of a PlayStation 5 feature for the honestly pretty reasonable rationale of “absolutely fucking nobody was using this thing.” Called Accolades, it allowed users to award points to opponents in multiplayer games. Yeah. I’d also never heard of it before...
Defi Attacker Siphons $570,000 From Curve Finance, Crypto Exchange Fixedfloat Freezes 112 Ethereum
10.8.2022
Reports indicate that the decentralized finance (defi) protocol Curve was hacked for $570,000 in ethereum after people noticed that Curve’s front end was exploited. The attackers then tried to launder the funds via the crypto exchange Fixedfloat, and the trading platform’s team...
Decentralizing the Internet: How Wayru is Bringing People Together with Blockchain
10.8.2022
In 2011 the UN released a report declaring the internet a Human Right, but over a decade later millions of people in developing countries still lack the necessary means for a simple WiFi connection, many of which reside in Latin America. This is due to industry control by a few large Internet...
Ethereum Co-Founder Vitalik Buterin Downplays Ethereum PoW Fork, Hopes It ‘Doesn’t Lead to People Losing Money’
8.8.2022
Ethereum co-founder Vitalik Buterin recently discussed what he thinks about the recent Ethereum proof-of-work (PoW) fork topic that’s been finding its way into a number of conversations within the crypto community. Buterin remarked at the ETH-Seoul conference over the weekend, that...
A Second Ethereum PoW Chain Idea Gains Traction, Poloniex to List ‘Potential Forked’ Token Markets
6.8.2022
Five days ago, the influential Chinese crypto miner, Chandler Guo, explained that a proof-of-work (PoW) version of Ethereum is “coming soon” as the community prepares for the network’s transition to proof-of-stake (PoS) next month. As usual, the idea of a forked token gets...
Meta Reportedly Issuing $10 Billion in Bonds to Invest in Its Metaverse Products and Other Initiatives
5.8.2022
Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to reports. The company will be selling $10 billion in debt, to maintain a healthy cash flow and fund buybacks, per statements of two people with reported knowledge...
Two People Made A Killer Immersive Sim That Holds Up Against Prey, A Genre Classic
4.8.2022
Imagine if I told you there was a new immersive sim—think Prey, Dishonored, etc—but made by a team of just two people. And then imagine I told you it was really damned good. And now stop imagining, because it’s real, obviously. It’d be a weird intro if it weren’t. Ctrl Alt Ego is a PC game about...
The Nintendo Switch Features Most People Forget About
3.8.2022
The PlayStation 5’s Accolades feature has allowed users to offer awards to fellow players in multiplayer games, the idea being it’d help foment kindness and camaraderie in the gaming community. But Sony formally retired it from PS5 this week for one reason: No one used it. Most people (hi) didn’t...