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Do Kwon's Millions Are Not in South Korea, Prosecutors Say: Report

7.4.2023
South Korea requested the extradition of the Terraform Labs CEO after his recent arrest in Montenegro

Study claims 99.5% of crypto investors did not pay taxes in 2022

7.4.2023
Finland and Australia had the highest proportion of tax-paying crypto investors, while the United States ranked 10th on the list, according to the study

Sony Lashes Out At Government For Not Shutting Down Microsoft Activision Deal

6.4.2023
While not set in stone, the UK’s Competition and Markets Authority (CMA) now appears likely to approve Microsoft’s $69 billion purchase of Activision Blizzard, and Sony seems pissed. In its latest regulatory filing it blasted UK regulators over their “surprising, unprecedented, and irrational”...

Central Bank of Sri Lanka Warns of ‘Significant Risks’ in Using and Investing in Crypto

6.4.2023
Sri Lanka’s central bank has issued a warning about “the significant risks associated with using and investing in cryptocurrency.” The central bank reminded the public that “cryptocurrencies are unregulated investment instruments which are not recognized as an asset class...

Please, MTV, Do Not Honor The Last Of Us' Gross Zombie Kiss

6.4.2023
Every year, the MTV Movie Awards roll around and nominate a bunch of films and TV shows in some normal categories (Best Movie, Best Performance) and some not normal categories (Best Villain, “Best Duo”). It’s not a huge deal, the show is little more than an excuse to sell some ads, but one of this...

Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’

6.4.2023
Roughly 26 days ago and in the following days, the U.S. witnessed two significant bank failures when Silicon Valley Bank and Signature Bank collapsed. After speaking at an event on Monday at Yale University, Janet Yellen, the current U.S. Treasury secretary, told reporters that she was closely...

Sony's Next Gaming Handheld May Not Be The Vita 2 Fans Want

5.4.2023
A decade after the early demise of the PlayStation Vita, handheld gaming is more vibrant than ever, leading many people to wonder whether Sony will one day try to get back into the portable gaming market. Based on a new report by Insider Gaming, the answer is both yes and no. Sony is seemingly...

Is the age of crypto millionaires over? – Avorak AI and Algorand say, “not yet”

5.4.2023
It’s almost a decade and a half since the emergence of cryptocurrencies, and many events have come and passed during this period. This era has created a new class of wealthy individuals known as crypto millionaires who made substantial profits by investing in Bitcoin and others. However,...

‘Over-Collateralization Can Help Mitigate the Risk of Stablecoin Depegging’ — Pendulum CTO

5.4.2023
Despite being touted as a game-changing innovation, the decentralized finance (defi) ecosystem is still not connected to fiat rails largely because of regulatory and compliance issues, Torsten Stuber, the CTO at Pendulum says. According to Stuber, the defi ecosystem will succeed in getting more...

P2P Bitcoin Exchange Paxful Suspends Marketplace With Uncertainty of Return

4.4.2023
According to a message from Paxful Founder and CEO, Ray Youssef, the peer-to-peer bitcoin trading platform is suspending its marketplace, and the company is uncertain if it will return. Youssef cited challenges such as regulations and some key staff departures, but he also noted that he could...

US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States

4.4.2023
After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden’s National Security Council stated that reducing production is not advisable. According to a recent...

Fed liquidity injections drive down US Treasury yields, but not Bitcoin price

4.4.2023
Regulatory uncertainty and the recent enforcement actions taken against major crypto exchanges reduces the odds of Bitcoin breaking above $30,000 in the short-term, but investors are still bullish

The 4Chan Creepypasta That's Taking Over The World (And You May Not Even Realize It)

4.4.2023
The Backrooms began as an image. Posted on April 21, 2018, a small thumbnail picture appeared on 4chan’s /x/ board showing a yellow room, its walls all in the wrong places, with gold-yellow carpets and fading yellow flock wallpaper. It was at once entirely innocuous, and somewhat unsettling. And...

Naughty Dog Say The Last Of Us' PC Port Not 'The Quality Level You Expect And Deserve'

4.4.2023
The Last Of Us was re-released for the 117th time last week, this time on the PC (which was admittedly a first!), and like the huge launches for games like Horizon and God of War should have been cause for celebration. Instead the week, and fans’ expectations, were sunk by a ton of performance...

Arbitrum Foundation Sold ARB Tokens Ahead of 'Ratification' Vote on Governance, Budget

2.4.2023
Arbitrum Foundation would be “severely damaged” without blank check grantmaking powers, according to a blog post

‘AI Tools Will Provide Very Interesting Enhancements for the Metaverse’ — Upland Co-Founder

1.4.2023
According to Dirk Lueth, co-founder of the Upland Metaverse, the colonization of the metaverse by tech giants and the building of so-called “walled garden systems” is not sustainable. Lueth argues that instead of “locking users in,” the metaverse should usher in “a...

Sam Bankman-Fried Pleads Not Guilty to New Fraud and Bribery Charges in Federal Court – Here's What You Need to Know

31.3.2023
Disgraced FTX founder Sam Bankman-Fried has pleaded not guilty to five additional charges brought against him in federal court in the US. The new charges against Bankman-Fried are focused on alleged bribery of foreign officials from China. According to the charges, Bankman-Fried paid $40 million...