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Ripple vs. SEC — Respite for a Beleaguered Industry
25.7.2023
On July 13, 2023, the U.S. District Court for the Southern District of New York (SDNY) finally issued an order in the infamous case brought by the Securities and Exchange Commission (SEC) against the payment settlement system and currency exchange, Ripple Labs, Inc. (Ripple). District Judge Analisa...
Someone Bought A 16-Year-Old iPhone For Over $190,000
18.7.2023
Hey, quick question: If you had a spare $200,000 laying around in your bank account, what would you spend it on? You’d probably spend it on a house, or maybe a new car (several new cars?). What you probably wouldn’t do is drop that kind of cash on a 16-year-old iPhone. But that’s what happened over...
SEC Sues Bankrupt Crypto Lender Celsius, Alleges Misrepresentation of Customer Count and Risky Practices
13.7.2023
The U.S. Securities and Exchange Commission has filed a lawsuit against the now-defunct cryptocurrency lender, Celsius. The suit, filed Thursday, also names former CEO Alexander “Alex” Mashinsky as a defendant. Both he and the company stand accused of falsely promising investors a safe...
US Senator Expresses Concern Over Prometheum Co-CEO’s Congressional Testimony
11.7.2023
On Monday, U.S. senator Thomas Tuberville (R-AL) published an open letter to U.S. attorney general Merrick Garland and Securities and Exchange Commission (SEC) chairman Gary Gensler expressing concern over allegations that Prometheum, Inc., a registered digital asset company, may have provided...
People Mistakenly Think Five Nights At Freddy’s Meme Audio Is From Titan Sub
30.6.2023
If there’s one thing the internet loves, it’s spreading misinformation for the memes. In the midst of news flooding (sorry) through the internet about the OceanGate Titan submersible implosion, Five Nights At Freddy’s ended up becoming a part of the story on TikTok. It’s all thanks to a viral audio...
Niantic Lays Off 230 Employees, Moves Away From In-House Development
29.6.2023
Niantic is shuttering its Los Angeles studio and is moving away from in-house game development. As such, the Pokémon Go studio is laying off 230 employees, shuttering NBA All-World and cancelling its upcoming Marvel: World of Heroes.Read more
Elon Musk's Mom Can't Stop The Mark Zuckerberg Cage Fight In New Game
27.6.2023
Elon Musk and Mark Zuckerberg will likely never actually fight each other in a cage match during a UFC event. (I know that’s a weird way to start a paragraph, stick with me…) However, we can all experience the alternate and better timeline where that fight did happen thanks to a newly released free...
Pokemon GO Update Is So Good Players Think It's An Accident
27.6.2023
Pokémon GO recently released update 0.275.0, which apparently doubles the radius at which obtainable Pokémon spawn. Meanwhile, player frustration is building with Niantic’s historic lack of communication. These disgruntled players are so impressed with the update, they’re assuming it was deployed...
Fortnite’s New Nike Characters Are Made Out Of…Hmm
21.6.2023
Fortnite, Epic’s free-to-play online battle royale, is one of the biggest games in the world and contains some of the most famous characters in pop culture, including Spider-Man, Batman, Obi-Wan Kenobi, Goku, and Darth Vader. But now, it’s time to say hello to the two greatest fictional characters...
Why The Missing Titanic Tourist Sub Has Everyone Talking About A Cheap Old Gaming Controller
20.6.2023
Five people are currently missing after a tourist sub called the Titan tried searching for remains of the HMS Titanic. We don’t yet know why contact was lost, but the emergency search now underway has people pouring over every detail of the OceanGate Expeditions voyage and how the sub for it...
The Potential of NFTs and the Metaverse ‘Remain Vast and Largely Untapped’ Says Peer Inc CEO
12.6.2023
According to Tony Tran, the chairman and CEO of Peer Inc, the cooling interest in non-fungible tokens (NFTs) and the metaverse particularly by corporations and tech giants like Meta does not signal their end but instead “it reflects the natural cycle of innovation.” In written answers...
Cathie Wood’s ARK loads up crypto bags, buys $19.9M Block shares
9.6.2023
Just days after buying $21 million of Coinbase shares, ARK Invest CEO Cathie Wood has added another $19.9 million in Block Inc. shares across its ETFs
Cathedra Bitcoin Unveils Plans for Off-Grid Bitcoin Mining in Texas
3.6.2023
On Friday, Cathedra Bitcoin Inc. announced a partnership with 360 Mining, revealing plans to deploy mobile data centers and application-specific integrated circuit (ASIC) bitcoin miners at 360 Mining’s off-grid location in Texas. 360 Mining and Cathedra Bitcoin Announce Texas Bitcoin Mining...
Bitcoin Voucher Provider Azteco Secures $6 Million Funding Round Led by Jack Dorsey
20.5.2023
On Thursday, California-based bitcoin voucher company Azteco revealed it had garnered $6 million in seed funding through a round spearheaded by Block, Inc.’s CEO and chairperson, Jack Dorsey. Azteco stated that the newly acquired capital would further its objective to “provide...
Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit
9.5.2023
Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities ranging...
Disney Speedstorm Players Beg Devs To Nerf Monsters Inc.’s Mike Wazowski
8.5.2023
On the colorful, cartoonish race tracks of Gameloft’s free-to-play kart racer, Disney Speedstorm, one monster has become a menace. One monster can’t be stopped. That monster is Mike Wazowski from Monsters Inc. And while fans want this green little speed ball nerfed, Gameloft has no plans to do...
Chia Network Files for IPO With the SEC, Eyes Public Listing
15.4.2023
On Friday, Chia Network Inc. announced that it had submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC), requesting an initial public offering (IPO). The blockchain network company, founded by Bittorrent creator Bram Cohen, will initiate the...
Solana’s Crypto and Web3 Smartphone ‘Saga’ Available to the General Public on May 8
14.4.2023
Solana’s cryptocurrency and Web3 smartphone, Saga, will be available for purchase on Monday, May 8, 2023. Crafted by OSOM, the Android smartphone is designed specifically for Web3 applications and enables users to self-custody crypto assets using its Seed Vault feature. Solana Smartphone Saga...
Texas Lawmakers Introduce Bill Proposing to Establish a Gold-Backed Digital Currency
8.4.2023
Two Republican lawmakers from Texas, senator Bryan Hughes and representative Mark Dorazio, have introduced legislation to create a gold-backed digital currency that could be enacted by the state legislature. The policymakers believe that this currency could greatly benefit the Lone Star State...
Microstrategy Buys 6,455 More Bitcoin — Now Holds 138,955 BTC
27.3.2023
Microstrategy has purchased 6,455 bitcoins for approximately $150 million at an average price of $23,238 per coin. With its latest purchase, Microstrategy now holds 138,955 bitcoins acquired at an average of $29,817 per coin. Moreover, the company also paid off its loan from troubled Silvergate...