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North Korea Hackers Continue to Target Crypto Platforms: UN Report
13.8.2023
Hackers working for North Korea have continued to attack companies in the crypto space this year, according to independent sanctions monitors. Their findings, which reveal that Pyongyang proceeds with the development of its nuclear and weapons programs, will be included in a U.N. report which is...
AI boom to beat electricity and PCs, $200B investment by 2025: Goldman Sachs
3.8.2023
Economists from Goldman Sachs predict that AI investment could account for up to 4% of GDP in the United States by 2025
FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust
1.8.2023
In the midst of the bankruptcy proceedings, FTX presented its primary reorganization strategy and term sheet to the U.S. bankruptcy court, detailing an ambitious plan to reinvent FTX as an “offshore crypto exchange” while also founding a new limited liability trust. At this time, the proposed...
Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss
13.7.2023
Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in the failed cryptocurrency exchange FTX. Temasek...
Report: Crypto Industry Boasts 10,000 Companies and 190,000 Professionals With a Collective Valuation of $180 Billion
9.7.2023
A recent report released by K33 Research three days ago reveals that as of July 2023, the cryptocurrency industry boasts approximately 10,000 companies, employing an estimated 190,000 crypto professionals. Notably, K33 provides a comprehensive snapshot of the crypto landscape, highlighting that...
Yuan Usage Soars in Argentina: Over 500 Companies Request to Pay for Imports in Chinese Currency, Report
27.6.2023
Over 500 companies in Argentina have reportedly requested to pay for imports using Chinese yuan as the U.S. dollar shortage worsens. “The central bank doesn’t have dollars so it needs the emergency aid China is offering,” a trade economist in Buenos Aires explained. Chinese Yuan Usage Hits Record...
Crypto Companies in Japan Get Tax Relief Under Revised Rules
26.6.2023
The tax administration of Japan has provided an exemption to companies issuing cryptocurrencies under a revision of the corporate tax rules. A local crypto media report described the move as a step toward improving the business environment for the digital asset sector in the country. Japan...
Controversial World Of Warcraft Quest Removed After Fan Backlash
23.6.2023
Popular fantasy MMO World of Warcraft has come under fire for a questline that pushed up against some of the darker parts of the franchise’s lore, and it was not flattering.Read more
Is PlayStation Really Worried About Losing Call of Duty To Microsoft? Private Emails Say No
22.6.2023
PlayStation boss Jim Ryan has been fighting Microsoft’s acquisition of Activision Blizzard tooth-and-nail, claiming it jeopardizes Call of Duty on PlayStation 5. But in a private email when the deal was first announced, Ryan apparently wrote that he didn’t think it was an “exclusivity play” to take...
Logitech Controllers Are On Sale At A Curious Time
21.6.2023
Just days after five people went missing on a tourist submarine believed to be (at least at one point during its construction) piloted by a wireless Logitech controller, Logitech appears to be running a controller sale on Amazon.Read more
Square Enix Re-Releases Game Without Its Controversial Microtransactions
20.6.2023
Square Enix’s once-abandoned Chocobo racing game, a Final Fantasy spin-off titled Chocobo GP, has received a second chance at life without all the bad microtransactions, which previously ended up nickle-and-diming players for game features. Read more
Gaming Just Isn't About You: Consoles Are Thrashed By Casual Games
19.6.2023
Gaming still isn’t all about you. New data released by PwC shows that “traditional” games make up only 26.7 percent of the revenue earned by the U.S. games industry, the vast majority of 2022's $54.1 billion coming from social or casual games. Esports, meanwhile, contributed just 0.8%. Added...
Twitch Enrages Streamers Again With Convoluted New Revenue Share Program
15.6.2023
Twitch’s mid-life platform crisis continues. After rolling out controversial new 50/50 revenue splits for top streamers last fall, the massively popular online gaming hangout is now announcing a new “Partner Plus Program” that will return certain channels to the previous 70/30 split, but with tons...
Diablo Cosplay Is As Far From Hell As Possible
15.6.2023
Cinderys is a professional cosplayer from France who has been active in the scene for almost a decade now. Over the years she’s cosplayed as a bunch of Blizzard characters, from World of Warcraft to Hearthstone, but her latest Diablo work is terrifyingly good.Read more
FTC Tries Blocking Microsoft, Activision's $69B Deal, Claiming It's Being Rushed
13.6.2023
Microsoft’s attempted $69 billion acquisition of Activision Blizzard has been in a kind of limbo due to scrutiny from various regulatory bodies here in the U.S. and in the UK, and today the tech company faces one more hurdle. The Federal Trade Commission has filed a request for both a restraining...
GameStock Fires CEO As Meme Stock Plummets
7.6.2023
GameStop has terminated CEO Matt Furlong and announced that meme stock investor and SuperStonk cult-hero, Ryan Cohen, will take over as Executive Chairman. The famous brick-and-mortar gaming retailer’s stock price proceeded to drop over 15 percent in after-hours trading. Read more
Russia’s Rosbank Launches Crypto Payments Solution for Cross-Border Settlements
5.6.2023
Rosbank has become the first large Russian bank to offer clients an option to use cryptocurrencies in international settlements. The solution, provided in tandem with a Russian fintech, is mostly intended to meet the needs of businesses working with foreign partners. Russian Companies to Be Able...
It Is June 2023 And EA Wants To Add NFTs To FIFA & Madden
5.6.2023
EA Sports and Nike announced yesterday that, at some point in the “future”, games like FIFA and Madden will feature integration with .Swoosh, which Nike describes as its “new digital community experience”.Read more
Waypoint Is Dead, Long Live Remap
2.6.2023
Back in April we brought you the very sad news that Waypoint, VICE’s video game website, was being shut down. Now, only a few weeks later, we get to bring you the excellent news that the site—and its podcast—will live on at a new home.Read more
Russian Businesses Ask Putin to Help Legalize Crypto
1.6.2023
A body representing the interests of Russian businesses has called on president Putin to help with crypto legalization. Their proposals, including on the use of cryptocurrencies in foreign trade settlements, have been included in a report to Russia’s head of state. Companies Urge President Putin...