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The Fall of Medici Bank: Lessons on Fractional Reserve Banking From 15th Century Italy
16.4.2023
Amid the banking chaos of the 21st century, some are looking back more than 600 years ago, to the Medici Bank — one of the most powerful banks of its time. It established its business and became one of the most respected banks in Europe during its prime, and the prominent Italian family of bankers...
Report: Nigeria-China Currency Swap Agreement Fails to Ease Pressure on the Naira
16.4.2023
Nigerian economic experts have said the country’s five-year-old currency swap agreement with China has not eased the pressure against the Nigerian currency. According to one expert, implementation of the swap arrangement is being held back by the size of the trade imbalance between Nigeria...
G20 Finance Chiefs Agree Global Policy Responses to Crypto Are Required
16.4.2023
The G20 finance ministers and central bank governors have agreed that crypto regulation cannot be confined to one part of the world, said India’s finance minister. “Any action on crypto assets will have to be global,” she stressed, adding that the G20 finance chiefs’...
Silk Road Bitcoin Thief, Once Worth $3.4 Billion, Receives One-Year Prison Sentence
15.4.2023
A Georgia man who stole more than 50,000 Bitcoin from the Silk Road marketplace in 2012 has been sentenced to a year in prison.
In a Friday press release, the US Justice Department said James Zhong has been sentenced to one year and one day in prison for charges related to executing a scheme...
Crypto phishing attacks up by 40% in one year: Kaspersky
15.4.2023
Russian cybersecurity and anti-virus provider Kaspersky detected 5,040,520 crypto phishing attacks in the year as compared to 3,596,437 in 2021
To se povede jen jednou za život. Hráč CS: GO trefil jednou střelou pět lidí
15.4.2023
Během obyčejného soupeření s přáteli se hráči populární počítačové střílečky CS:GO povedl neuvěřitelný trik, který obletěl celý herní svět. Podařilo se mu totiž zneškodnit celý soupeřící tým jediným výstřelem z odstřelovací pušky
Sorry Necromancers, Diablo IV Is Nerfing One Of Its Most Popular Classes
14.4.2023
Diablo IV is still a couple of months away, but Blizzard is already stomping down some of the game’s most popular classes ahead of its June 6 release date. The studio posted a new blog on its website reflecting on the game’s recent beta, and shared what’s basically a full set of patch notes it will...
Individual behind $3.4B Silk Road Bitcoin theft sentenced to one year in prison
14.4.2023
James Zhong pleaded guilty to the wire fraud charges in November 2022 and had been awaiting sentencing for his role in the "unlawfully obtained" Bitcoin scheme
This Series Asks What If Harry Potter Couldn’t Do Magic, Was Swole
13.4.2023
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Biggest Movers: DOGE Snaps Losing Streak as SOL Hits Fresh 6-Week High
13.4.2023
Dogecoin snapped a two-day losing streak on Thursday, as sentiment in crypto markets remained bullish. The meme coin moved to a one-week high, moving away from a key price floor in the process. Solana rose for a fifth straight session. Dogecoin (DOGE) Dogecoin (DOGE) ended a two-day losing streak...
EU’s MiCA Vote Likely Delayed by One Day Without Further Changes
13.4.2023
The landmark crypto licensing framework and funds transfer rules will likely be rubber-stamped next week as last-minute upsets now seem unlikely
China Fines Bitmain $3.6 Million for Tax Violations, Report
13.4.2023
Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto community. Bitmain Fined for Failing to Pay Income...
Warren Buffett Likens Bitcoin to Gambling and Chain Letters in Recent Interview
12.4.2023
Finance mogul Warren Buffett, one of the most successful investors in history, discussed bitcoin during an interview on CNBC’s Squawk Box on April 12. As he has done in previous interviews, the business magnate likened bitcoin to a gambling scheme and chain letters he received as a child....
PlayStation Plus Axes Marvel’s Spider-Man, One Of Its Biggest Games, Soon
12.4.2023
It’s a new month, which means Sony’s adding another crop of games to its PlayStation Plus vault for Extra and Premium subscribers. There are some good additions here, including Dishonored and Doom Eternal. But, as the saying goes, out with the old and in with the new: Insomniac Games’ Marvel’s...
Fortnite Stops The 'One Pump' Shotgun, Unvaults Dirt Bikes
11.4.2023
If you had previously enjoyed the blistering body damage and absurd headshot multiplier of Fortnite’s Mythic Havoc pump shotgun, I’ve got some sad news. In a recent update, Epic Games nerfed the brutal weapon. But don’t worry, as update 24.20 still has a few exciting things to take advantage...
Seasonal Tokens: Summer’s Price Rises After the Halving as Expected
11.4.2023
PRESS RELEASE. The Seasonal Tokens economy has gone through its second change of season. Like bitcoin, the four tokens – Spring, Summer, Autumn and Winter – go through regular halvings of the supply from mining. Every nine months, the rate of production of one of the tokens is cut...
Counter-Strike Player Kills Five Guys With One Bullet
11.4.2023
A few days back a Counter-Strike: Global Offensive player by the name of sp1cay was playing with some friends when, after a quick sprint and toss of a grenade, they whipped out their AWP sniper rifle and fired off a single shot.Read more
Economist Harry Dent Expects Biggest Crash in Our Lifetime to Hit Between Now and Mid-June
11.4.2023
Harry Dent, economist and author of several best-selling books, has warned that the biggest crash in our lifetime is “going to hit between now and about mid-June.” He stressed: “People are going to know this is not a big correction — it is a major crash, one that...
Bitcoin Proponents Accuse the New York Times of Publishing One-Sided ‘Hit Piece’ on Bitcoin Mining
10.4.2023
After the New York Times was accused of writing favorable pieces about disgraced FTX co-founder Sam Bankman-Fried and inviting him to speak at the news outlet’s Dealbook Summit, it is once again being criticized for publishing a “hit piece” about bitcoin mining....
US President Joe Biden Extends Sanctions Against Russia, Has Argued Alternatives Would Involve Waging Third World War
10.4.2023
U.S. President Joe Biden decided to extend the sanctions that the U.S. government enacted against Russia for one more year, arguing that the country continues to pose a threat to the security of the nation. Biden had talked about these sanctions before, explaining that the only option besides...