Search
Legal battle avoided after YGG and Merit Circle DAO agree to a deal
15.6.2022
The passing of an investment proposal brought into question a legal agreement between the organizations and the Merit Circle DAO agreed to a counterproposal that would ensure a settlement
Bank of England’s Governor Warns About Crypto Amid Bloodbath — ‘Be Prepared to Lose All Your Money’
15.6.2022
The governor of the Bank of England, Andrew Bailey, has reiterated his warning about cryptocurrency investing after U.S. crypto lender Celsius abruptly froze withdrawals. He stressed that investors should be prepared to lose all their money, emphasizing that crypto has no intrinsic value. Bank...
Fallout 5 Is Bethesda’s Next Game After Elder Scrolls 6, Will Probably Be Out By 2050
15.6.2022
In an interview published today, Bethesda’s creative director Todd Howard revealed the studio’s future plans, explaining that after the Elder Scrolls 6 comes out, the studio’s next game will be Fallout 5, the next main entry in the company’s post-apocalyptic open-world RPG franchise. However...
Binance Reveals Incident That Forced It to Freeze BTC Withdrawals
14.6.2022
In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident that ultimately forced it to pause withdrawals. To fix the problem and to stop this from...
NFT ticketing may catch on faster in France after UEFA championship debacle
14.6.2022
French authorities take note after fake tickets and gatecrashers spoiled the UEFA Champions League final experience for many soccer fans in Paris last month
Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the Halving
14.6.2022
After reaching an all-time high on June 8, Bitcoin’s hashrate dropped during the recent bitcoin price drop on June 12-13 to a low of 182 exahash per second (EH/s). While bitcoin’s USD value remains under the $23K zone, Bitcoin’s hashrate has managed to climb back above the...
Team Fortress 2 Fans Inconsolable After PC Gaming Show Snub
14.6.2022
Some poor Team Fortress 2 players—beleaguered by bots, stomachs growling from the game’s lack of major updates—wrongly believed they would finally get a dose of good news after spotting the Engineer character in a promotional image for PC Gamer’s PC Gaming Show on June 12. They did not.Read more
El Salvador is Down $52M on its Bitcoin Bet After Market Crash
14.6.2022
Led by President Nayib Bukele, the country made bitcoin legal tender and began buying the crypto in September 2021
Shooter Dev Makes Joke 'White Blood' Mod After Fans Complain About Blood Effects
14.6.2022
So, the Steam Next Fest is currently underway. It’s this week-long digital celebration of upcoming PC games where you can check out tons of demos from FPS role-playing games to casual atmospheric adventures. Developer Altered Orbit Studios’ Doom-like Selaco is one of the available demos and...
Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token
14.6.2022
Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped to $0.974 per unit, indicating a small amount of instability continues to plague the fiat-pegged token. The dip to $0.97 follows...
First Mover Asia: What Analysts Are Saying After Crypto Lender Celsius Paused Withdrawals; BTC Drops Below $23K
14.6.2022
Some observers of digital asset markets criticized the move but others said that Celsius could be protecting user funds; cryptos plummet
Kojima Studio Confirms 'Good Relationship' With Sony After Xbox News, Angry Fanboy Reactions
14.6.2022
Do you hear that? Out in the distance, you can hear thousands of angry fanboys continuing to fight online in the endlessly sad console war. The latest battle involves Metal Gear and Death Stranding creator Hideo Kojima and his independent studio deciding to do business with Microsoft and work on...
Tron’s Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity
13.6.2022
After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX) dropped significantly in value and Tron’s founder Justin Sun spoke about traders shorting the digital...
Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm’s Assets
13.6.2022
On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region, as a great majority of crypto assets have lost between 10% to 25% during the last 24 hours. Meanwhile, the crypto community has been discussing the cryptocurrency lending application Celsius as rumors of insolvency...
Old Bitcoin mining rigs risk 'shutdown' after BTC price slips under $24K
13.6.2022
New generation Bitcoin mining machines would remain profitable even if the BTC price crashes by another 50%
Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False
13.6.2022
Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the whistleblower Fatman has accused Terra’s co-founder Do Kwon of cashing out $2.7 billion a few months before the UST de-pegging incident. Kwon, however,...
Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation
12.6.2022
Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value. However, after the Terra stablecoin fallout, the fiat-pegged token economy lost $16.31 billion in value since then. While that value was erased from...
Meme Token King Dogecoin Lost 91% in Value Since Last Year’s High, DOGE Mining Revenue Plummets
12.6.2022
After a prominent rise last year, 2022 has not been too kind to the top meme coin asset dogecoin. Currently, the father of the meme coin economy, dogecoin, has lost 91% in value since the crypto asset’s all-time high. Despite the drop, dogecoin is still a top ten contender among the largest...
US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’
11.6.2022
After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However, statistics from the U.S. Labor Department indicate the CPI increased 8.6% from a year...
Bitcoin price falls under $29.5K after 'unexpected' 40-year high US inflation
10.6.2022
The ghost of the highest inflation since 1981 gets traders pricing in three more 0.5% rate hikes by October