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JMP Securities Expects $1.5 Trillion to Flow Into Bitcoin as Retail Wealth Management Industry Follows Morgan Stanley to Offer BTC to Clients
24.3.2021
JMP Securities has predicted that “$1.5 trillion of incremental capital” could flow into bitcoin, an amount greater than the cryptocurrency’s current market cap. The firm sees more wealth management companies following Morgan Stanley’s example to offer bitcoin to their...
Konami Closes 16 Of Its Sports Clubs In Japan Due To Covid-19
24.3.2021
In Japan, Konami doesn’t only make video games. It also has a major chain of sports clubs. Gyms have been hit hard by the novel coronavirus pandemic, and Konami has to shutter a number of its locations.Read more
Final Fantasy XI Reboot Cancelled After Six Years Of Nothingness
24.3.2021
You will probably not remember this, but back in 2015, Nexon and Square Enix announced a mobile version of Final Fantasy XI that was due for release in 2016. It did not come out in 2016, or 2017, or 2018, or 2019, or 2020, and now will never be coming out, since it’s finally been put out of...
Video Game Companies Keep Coming Up With New Ways To Take Our Money
19.3.2021
Video games are expensive. They have been expensive for a very long time, and they keep getting more expensive. To an extent, it makes sense: Game developers need to eat! But after a certain point, it gets excessive. Loot boxes, gacha, and now NFTs are signs of that excess. On this week’s...
Report: More Layoffs Loom As Activision Blizzard Moves To Close European Publishing Offices
19.3.2021
Activision Blizzard is planning to close its publishing offices in Europe and lay off even more employees in the process, according to a new report by GamesIndustry.biz.Read more
Anime-Themed Gaming Chair Has A Katana Holder
19.3.2021
Forget a place to hold your drink or snacks! This Demon Slayer-themed gaming chair from Lenovo has a place to store a katana.Read more
Chinese Public Company Meitu Buys More Bitcoin — Treasury Now Holds $90 Million in Cryptocurrencies
19.3.2021
One of China’s top internet app makers, Meitu Inc., has purchased more bitcoin for its treasury. The company now holds about $90 million in cryptocurrencies. Meitu is listed on the Hong Kong stock exchange and its flagship app has more than 1 billion users worldwide. Chinese Publicly Traded...
US Court Sentences Bitcoin Scammer to 3 Years in Prison After Massive Twitter Hack to Promote BTC Scam
18.3.2021
The mastermind behind a large-scale Twitter hack to promote a bitcoin giveaway scam has pleaded guilty and been sentenced to three years in prison. During the hack, a number of high-profile companies, politicians, and celebrities saw their accounts taken over to promote the cryptocurrency scam....
Square Enix's Project Athia Is Now Called Forspoken, Coming In 2022
18.3.2021
As part of today’s Square Enix showcase, the publisher showed another snippet of its “narrative-driven adventure set in a beautiful yet cruel world,” Project Athia. Only it’s not called Project Athia anymore. Now it’s, uh, Forspoken, a name that, if nothing else, was not previously spoken for.Read...
More Game Companies Take A Public Stand Against Anti-Asian Racism Following Atlanta Shootings
17.3.2021
A white man entered an Atlanta, Georgia spa yesterday and opened fire, killing four people and wounding another. He then drove across town and repeated this heinous act at two more locations, killing four more people. Six of the victims were Asian women, four of them of Korean descent.Read more
Activision Blizzard CEO To Get Even Bigger Bonuses While Others Get Laid Off
17.3.2021
Activision Blizzard CEO Bobby Kotick routinely gets millions in stock bonuses every year based on how the company is doing. Now he’s set to get even more, for a total payout of nearly $200 million according to CtW Investment Group, a union pension fund advocacy organization. And it’s all thanks...
So, When Will You Be Able To Get A PS5?
17.3.2021
Picture this: You pop into your neighborhood big box store, hoping to buy a PlayStation 5, and it’s just there. It’s on the shelf. You can pay for it, you can leave the store with it, and it’s yours. No need to sit at your desk refreshing browser tabs all day. Sounds pretty nice, right?Read more
Even Square Enix Is Getting Into NFTs
17.3.2021
Square Enix is joining the NFTs fray with one-of-a-kind digital assets for their Million Arthur franchise. Please be excited.Read more
Hedge Fund Manager Says Sell-off in US Treasury Bonds a Threat to ‘High-Flying Assets’ Like BTC
17.3.2021
Hedge fund manager Bob Prince has warned that the recent sell-off in the U.S. government bond market could accelerate and this could “threaten high-flying assets” like cryptocurrencies and blank cheque companies. Prince, who is the co-CIO at Bridgewater Associates, links this looming...
Hoskinson: 100+ Companies Ready to Leave Ethereum for Cardano
15.3.2021
Charles Hoskinson. Source: a video screenshot, Youtube/Charles Hoskinson
Cardano (ADA) supremo Charles Hoskinson claims that his project is poised to steal some of Ethereum (ETH)’s thunder – with claims that “more than 100 companies” are “in the pipeline,” and will shift to Cardano when...
Valkyrie Hopes to Launch ‘Innovative Balance Sheet ETF’ Backed by Companies Exposed to Bitcoin
13.3.2021
At the end of January, the Texas-based firm Valkyrie Digital Assets filed an exchange-traded fund (ETF) registration for the “Valkyrie Bitcoin Trust” with the U.S. Securities and Exchange Commission (SEC). This month, the cryptocurrency investment manager announced it has filed...
VulcanVerse Takes NFTs to Next Level With Amazing Graphics, Gameplay and Lore
11.3.2021
The NFT industry has been exploding recently with all types of artists, sports brands and gaming companies joining the party. As a result, the top 100 NFT tokens by market cap are now worth well over $7 billion. However, many of the options in the segment offer simplistic game mechanics and...
Gordon Hall, Rockstar Leeds Founder, Dies At 51
11.3.2021
Gordon Hall, one of the founders of Rockstar Leeds, has died, Game Industry reports. He was 51. Read more
EA Investigating Claims An Employee Has Been Selling Rare Items
11.3.2021
EA makes most of its FIFA money from the game’s Ultimate Team mode, where fans spend real money in attempts to unlock elite players. Today, it’s being alleged that these lucrative items are being sold privately to users by employees within EA Sports.Read more
JP Morgan Launching Crypto Investment Product Tracking Public Company Stocks With Bitcoin Exposure
10.3.2021
JP Morgan is launching a structured investment product based on the performance of its “Cryptocurrency Exposure Basket,” which tracks stocks of publicly traded companies with exposure to cryptocurrencies. The weight of each stock is “determined based in part on exposure...