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Concord: what its failure says about game discovery in 2024
30.8.2024
Also: this week's successful launches, and lots of other news
Microsoft Windows data blackout downs major financial firms, airlines
19.7.2024
Global Microsoft Windows failure possibly linked to a CrowdStrike software update has disrupted critical services worldwide, hitting banks with widespread online banking outages and grounding flights
Paxful co-founder Schaback faces 5 years jail, admits AML failure
9.7.2024
Artur Schaback, one of the co-founders of crypto exchange Paxful, has agreed to a plea deal with U.S. prosecutors that could see him locked up for five years
Watch these Bitcoin price levels next as $52K supertrend risks failure
5.7.2024
Bitcoin is challenging multi-month lows, and now risks violating support, which has sustained the entire BTC price bull run
McDonald's Drive-Thru AI Is McCanceled
19.6.2024
AI is such big business right now it’s propelled Nvidia, that company that you once knew for making your GeForce graphics cards, to becoming the biggest business in the world. And yet the technology is so far next to useless in all but the most specific circumstances. For example, McDonald’s...
Thai SEC revokes Zipmex’s licenses after failure to comply with orders
11.6.2024
Thailand’s Finance Minister determined the cryptocurrency exchange was “still in contravention” of orders imposed by the SEC in February
The Star Wars Hotel Failure Was Just A Real-Life Bad Video Game Launch
4.6.2024
Unless you’ve been living under a rock on Exegol for the last month, you’ve probably heard of YouTuber Jenny Nicholson’s viral, four-hour-long video reviewing the Star Wars hotel, officially known as Star Wars: Galactic Starcruiser. Titled “The Spectacular Failure of the Star Wars Hotel,” it goes...
Ex-Kansas Bank CEO Pleads Guilty to Embezzling $47M in Crypto Scheme
24.5.2024
Now-failed Heartland Tri-State Bank CEO Shan Hanes squandered millions in cryptocurrency, leading to the bank’s failure in July 2023.
The post Ex-Kansas Bank CEO Pleads Guilty to Embezzling $47M in Crypto Scheme appeared first on Cryptonews
Former Bank CEO Pleads Guilty to Embezzling $47M to Buy Crypto, Leading to Bank Collapse
24.5.2024
Former Heartland Tri-State Bank CEO Shan Hanes pleaded guilty on Thursday to embezzling $47.1 million for personal cryptocurrency purchases, leading to the bank’s collapse. From May to July 2023, Hanes executed at least 10 wire transfers from the Elkhart-based bank to cryptocurrency accounts....
FalconX Settles With CFTC for $1.8M Over Failure to Register as Futures Commission Merchant
13.5.2024
FalconX will pay $1.8 million to settle newly-announced charges from the Commodity Futures Trading Commission (CFTC) that the crypto trading firm violated commodities laws by failing to register as a futures commission merchant (FCM), according to a Monday announcement from the regulator
Digitex Founder Pleads Guilty to Failure in Anti-Money Laundering Program Implementation
8.5.2024
The U.S. Attorney’s Office for the Southern District of Florida said Todd pleaded guilty to “willfully causing” Digitex to violate the Bank Secrecy Act.
The post Digitex Founder Pleads Guilty to Failure in Anti-Money Laundering Program Implementation appeared first on Cryptonews
Ore wins Solana hackathon despite disrupting Solana’s network in April
7.5.2024
A sudden rise in Ore mining transactions was one of the main culprits behind Solana’s April congestion issue where up to 70% of non-vote transactions were being rejected
Report Reveals Hundreds of US Banks at Risk of Failure Amid High Interest Rate Environment
3.5.2024
Following the dramatic bank failures last year and the recent collapse of Philadelphia’s Republic First Bank last week, an analysis by Klaros Group indicates that hundreds of U.S. banks are at risk of failure. The study reveals that smaller and regional banks are experiencing stress due...
Philadelphia’s Republic First Bank Closed by Regulators, Assets Assumed by Fulton Bank
27.4.2024
In the wake of a turbulent period for U.S. banks, the Pennsylvania Department of Banking and Securities has shut down Philadelphia-based Republic First Bank, also known as Republic Bank. The Federal Deposit Insurance Corporation (FDIC) has stepped in as receiver, with Fulton Bank assuming nearly...
OKX API Failure Causes Account Balance Confusion, Thousands of Users Affected
27.3.2024
The OKX API has hit a snag, causing account balance chaos for users in Singapore, Japan, and the US. The Rest API crash has led to errors, incorrect data, and failed trades. OKX assures users of asset safety, but the glitch has impacted the OKB token value. Read on for more details and recent...
Russian Lawmakers – Failure to Regulate Crypto Hurting Russian Economy
15.3.2024
Russian lawmakers have criticized Moscow over its “failure” to regulate the crypto sector, claiming that inaction harms the nation’s economy.
The post Russian Lawmakers – Failure to Regulate Crypto Hurting Russian Economy appeared first on Cryptonews
Avalanche Blockchain Faces Block Production Disruption Following New Inscription Wave
23.2.2024
Avalanche, a layer-1 network, has encountered a block production failure lasting nearly two hours, as reported on its status page.
The post Avalanche Blockchain Faces Block Production Disruption Following New Inscription Wave appeared first on Cryptonews
VanEck Fined by SEC for ETF Marketing Blunder
19.2.2024
VanEck has been fined $1.75 million by the Securities and Exchange Commission (SEC) after failure to disclose a social media influencer’s role in the launch of an exchange-traded fund (ETF). In March 2021, Van Eck launched a “Social Sentiment ETF” trading under the ticker “BUZZ.” The ETF tracks...
Solana Back Online After 5-Hour Service Disruption
7.2.2024
Operations on the Solana network have resumed following a minor disruption on Tuesday. Commencing at 09:53 UTC, the outage persisted for some 5 hours. The Solana team said it is investigating the root cause and will soon share its report on the matter. Block production on Solana mainnet beta...
End of the Line for OPNX, Built by Three Arrows Co-Founders Zhu and Davies
2.2.2024
OPNX has declared it will cease all activities next month. This decision comes as co-founders Su Zhu and Kyle Davies grapple with legal repercussions stemming from their previous venture’s failure, Three Arrows Capital. OPNX to Shut Down Amid Three Arrows Co-Founders’ Legal Troubles...