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San Francisco Fed President Deems 2 Rate Hikes in 2023 ‘Reasonable,’ Urges Caution in Monetary Policy
26.6.2023
Mary Daly, the president of the San Francisco Federal Reserve Bank, expressed her views this week, stating that she believes two additional rate hikes this year would be appropriate. However, she maintains a neutral stance regarding the forthcoming July Federal Open Market Committee (FOMC) meeting...
SEC Seeks Court Approval to Freeze Binance US Crypto Assets, Citing Customer Safety Concerns
7.6.2023
Seeking court approval, the U.S. Securities and Exchange Commission (SEC) is actively pursuing a measure to freeze cryptocurrency assets linked to Binance US. In order to to “ensure the safety of customer assets,” the securities regulator deems this action as an urgent necessity. SEC Files...
Bitcoin Lightning company River raises $35M amid ‘new wave of institutional adoption’
16.5.2023
“We’re seeing another wave of Bitcoin interest, largely driven by business and institutional adoption,” says Alex Leishman, River CEO. “It’s not fueled by hype.”
The role of central limit order book DEXs in decentralized finance
16.5.2023
A look at the role of central limit order book DEXs in DeFi
Coinbase Shares Wells Response, Challenges SEC’s Change in Attitude Towards Its Core Businesses
28.4.2023
On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the regulatory body’s enforcement actions were...
San Francisco authorities make arrest in stabbing of Cash App creator Bob Lee
13.4.2023
Police chief Bill Scott said there was evidence that the suspect and Bob Lee knew each other but did not comment on the possible motive of the attack
San Francisco's Move to Hire CBDC Developer Signals Digital Currency Progress – Here's the Latest
20.2.2023
Joining the growing ranks of public actors across the world who wish to jump on the central bank digital currency (CBDC) wagon, the Federal Reserve Bank of San Francisco is looking for an experienced CBDC developer under a job opening titled “Senior Application Architect - Digital Currency”.
The...
San Francisco Fed is Seeking CBDC Developer as More Countries Join the Race
19.2.2023
The Federal Reserve Bank of San Francisco has announced a vacancy for a CBDC developer as the federal bank aims to explore the cost and benefits of the potential technologies for central bank digital currencies.
The San Francisco Fed posted a job opening titled “senior application developer...
San Francisco federal bank eyes CBDC system development, reveals job posting
19.2.2023
Within 24 hours of the job posting, 45 applicants have shown interest in joining the federal government to build an in-house CBDC
Crypto hotspots continue to thrive despite FTX collapse
13.12.2022
Crypto-friendly cities throughout the world report growth and innovation despite recent events
Elon Musk faces class-action suit over mass Twitter layoffs
4.11.2022
Elon Musk previously won a similar class-action lawsuit brought by Tesla employees, calling the case “trivial.”
Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Payment Orchestration Firm Elements
30.9.2022
On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly scale payment offerings.” Circle says the new service will make it easier...
Report: Digital Currency Exchange Kraken Under Investigation for Violating OFAC Sanctions
27.7.2022
On Tuesday, a newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S. sanctions, according to five people familiar with the matter. The unknown sources explained that the inquiry into Kraken started in 2019, and it’s...
Survey: Most Salvadorans Still Not Convinced About Bitcoin as Legal Tender
30.5.2022
A survey conducted recently by the Center for Citizen Studies of the Francisco Gavidia University, a private institution in El Salvador, has found that more than half of the Salvadorans surveyed still prefer the dollar over bitcoin as legal tender. Bitcoin, which has been pushed by Salvadoran...
Huobi Global Acquires Latin American Crypto Exchange Bitex
27.5.2022
The digital currency exchange Huobi Global has revealed it has acquired Bitex, a Latin American crypto platform that operates in Argentina, Chile, Paraguay, and Uruguay. Huobi details that the company is stepping up its presence in Latin America as it believes the region will be one of the most...
NYC Funding $2 Million Bachelor’s Degree Program In Game Design
16.5.2022
City College of New York will begin offering a bachelor’s degree in game design this fall, New York City mayor Eric Adams announced today, making it the first public institution in the city with such a program.Read more
PayPal is shuttering its San Francisco office: Report
27.4.2022
A spokesperson reportedly hinted the closure was aimed at the company evaluating its “global office footprint."
Elon Musk Buying Twitter Sucks, But Marginalized Game Devs Aren't Leaving
26.4.2022
Yesterday, Elon Musk bought Twitter for $44 billion dollars, and a lot of people in the video game industry are unhappy about it. Some are making Mastodon accounts, others are making jokes, while others are voicing their concerns about the Tesla founder taking over the platform. However, a sizable...
Kraken shuts down global headquarters as 'San Francisco is not safe'
8.4.2022
In a Tweet, Kraken CEO Jesse Powell has made the decision to close the Kraken global headquarters in San Francisco
Another Pro Gamer With History Of Homophobia Fired In Wake Of Men's Height Controversy
18.2.2022
Osaka-based esports team Cyclops Athlete Gaming has fired yet another player. Yesterday, it cancelled the contract of Tekken player Tanukana after a history of abusive comments, the last being about men under a certain height. Today, following revelations about some really unpleasant tweets, it...