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Turks Turn to Tether Amid Record Inflation, Limited Access to Dollar, Report Reveals
12.6.2023
People in Turkey have been seeking refuge in stablecoins as their national fiat continues to depreciate against the greenback. The Turkish lira saw a record drop in its exchange rate with the U.S. dollar when the country’s central bank halted intervention after the recent presidential vote....
You Won’t Have To Buy Cyberpunk 2077’s New Expansion To Play Some Of Its Best Stuff
11.6.2023
Cyberpunk 2077’s Phantom Liberty expansion is coming on September 26, and it’s bringing a new spy thriller story to Night City. But on top of this, it will bring several of quality-of-life changes, new skill trees, and a few backend mechanical improvements to the mix. However, it sounds like...
Binance, Coinbase, Robinhood: A Week of Crypto Crackdowns and Regulatory Fallout — Week in Review
11.6.2023
Seismic shifts have been occurring in crypto this past week, with the United States Securities and Exchange Commission (SEC) leaning remarkably further into what some call its “regulation by enforcement” approach, as the entity is now suing both Binance and Coinbase for securities...
Altcoins Feel the Heat: Crypto Market Theories Run Wild, While Proponents Seek Guidance
11.6.2023
Amid the recent crackdown on two of the world’s largest crypto exchanges, cryptocurrency enthusiasts have been buzzing with discussions on various theories and investment strategies. While some have opted to sell their holdings in the face of uncertainty, others have taken a different...
Bitcoin Dominance Soars to 47.5%: Highest Level in a Year as Other Crypto Assets Suffer
11.6.2023
On June 10, 2023, bitcoin is dominating with a market capitalization dominance of 47.5%, marking its highest level since this time last year, according to coinmarketcap.com. Meanwhile, ethereum’s dominance is holding steady at 20%, indicating that the recent dominance gains made by these...
Three Gorgeous, Unreleased Games We Just Played That Should Have Your Attention
10.6.2023
The Day of the Devs showcase at Summer Game Fest is a colorful, diverse collection of indies offering up a wide variety of gaming experiences, and Kotaku got to play a handful of them.Read more
UK Bans ‘Refer a Friend’ Bonuses With Tougher Crypto Marketing Rules
10.6.2023
Businesses marketing crypto assets to U.K. consumers will have to abide by stricter advertising rules presented by the country’s financial watchdog. These include prohibiting ‘refer a friend’ bonuses for the industry as well as introducing a cooling-off period for first time investors. Regulator...
Binance US Halts USD Deposits, Withdrawals — Asks Users to Withdraw Dollars by June 13
10.6.2023
Binance US has informed its users that U.S. dollar deposits have been suspended and USD withdrawals will no longer be processed. The crypto exchange has asked customers to withdraw dollars by June 13 as it transitions into a crypto-only trading platform. The move followed a lawsuit against...
Two Russians Charged for Infiltrating Mt Gox and Operating Illicit Crypto Exchange, BTC-e
9.6.2023
In a statement issued on Friday, the U.S. Department of Justice (DOJ) revealed that two Russian individuals have been accused of infiltrating a cryptocurrency exchange and running an unlawful exchange. Reportedly, the pair gained unauthorized access to Mt Gox’s servers from 2011 to 2014...
Zelda Movie Rumors Have Nintendo Fans Mighty Nervous After Super Mario Bros.
9.6.2023
While rumors that Nintendo is close to closing a deal with animation studio Illumination for a Legend of Zelda film should come as no surprise in the wake of the record-breaking success of The Super Mario Bros. Movie, some fans have made it abundantly clear online that they aren’t all that jazzed...
Report: Pan-African Crypto Exchange Mara Lays Off Majority of Employees
9.6.2023
African crypto exchange Mara has not only parted ways with a reported 85% of its staff but has cut the salaries of workers that have remained. Although Mara has cast the layoffs as an exercise which aims to remove redundant roles, former employees have said the startup’s ballooning marketing...
Bitcoin Advocate Nic Carter Accuses ‘Laser-Eyed Maxis’ of Turning Bitcoin Into a ‘Secular Cult’
9.6.2023
In a tweet this week, crypto advocate Nic Carter took aim at those who claim to be bitcoin enthusiasts but have been applauding the U.S. Securities and Exchange Commission’s (SEC) enforcement actions. Carter accused these individuals of turning Bitcoin into a “secular cult”...
Chinese State-Owned Banks Cut Dollar Deposit Rates — Dismiss Government Influence Claims
9.6.2023
Major Chinese state-owned banks have lowered interest rates on U.S. dollar deposits. However, they reportedly dismissed claims that the moves were influenced by the Chinese government, stating that the rate cuts were market-driven. Chinese Banks Reduce Dollar Deposit Rates Major Chinese state-owned...
Lawmaker Calls SEC Enforcement Actions Against Crypto Exchanges ‘Complete Contempt for Congress’
9.6.2023
Several lawmakers have slammed the U.S. Securities and Exchange Commission (SEC) for regulating the crypto industry by enforcement. One lawmaker says the regulator’s latest action against crypto exchange Coinbase “demonstrates a complete contempt for Congress which is in the process of developing...
FTX Bankruptcy Judge Says U.S. Courts Should Have Full Control Over $7.3B in Disputed Assets
9.6.2023
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Do Kwon Moved $29 Million Worth of Coins Since Arrest, Prosecutor Says
8.6.2023
Founder of Terraform Labs, Do Kwon, has withdrawn millions of dollars in crypto from an entity linked to his failed blockchain firm, investigators claim. South Korean authorities are now trying to locate the digital assets that have been allegedly transferred since his arrest in Montenegro...
Whoopi Goldberg Calls Out Diablo IV For Not Being On Mac, But Fans Have A Fix
8.6.2023
Here’s an odd bit of port begging. Whoopi Goldberg is upset that Diablo IV has skipped Apple’s Mac and has posted a video asking Blizzard to port the game over. But good news: Mac fans have already figured out a solution that might help her (and other Mac users) play Diablo IV. Read more
The crypto market trio to watch in 2023: Toncoin, Filecoin, and DigiToads
8.6.2023
As the cryptocurrency market continues to grow and more coins enter the market, it is easy to lose track of which coins you should invest in due to the many options available. But in 2023, you don’t need to worry about where to put your money for the best returns. Filecoin, Toncoin,...
Binance may have lied to US lawmakers, argue senators: Report
8.6.2023
U.S. Senators asked the Justice Department to investigate whether the crypto exchange made a false statement to Congress in a letter earlier this year
Banks Have Come to the Metaverse
8.6.2023
JPMorgan, HSBC and others have created metaverse-native banking experiences, hoping to entice a new generation of clients