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An In-Depth Look Into the 2023 Banking Crisis — 3 of the Largest Bank Failures in US History
28.12.2023
The U.S. economy experienced an interesting year in 2023, marked by unprecedented upheaval within the American banking sector due to the combined collapse of three major banks, the largest the nation has historically seen. Amidst this chaos, crypto assets such as bitcoin demonstrated remarkable...
‘If You Want to Understand Bitcoin’s Value, Look at Politicians’ Hate Toward It,’ Says Sean Ono Lennon
22.12.2023
Sean Ono Lennon, the acclaimed American-British musician and son of Beatles icon John Lennon, revisited the subject of bitcoin on social media platform X, formerly known as Twitter. He poignantly observed, “If you want to understand how valuable bitcoin truly is, look how much...
Argentina’s Foreign Affairs Minister Says “Contracts Can Be Settled in Bitcoin,” Additional Cryptocurrencies
21.12.2023
Argentina’s Minister of Foreign Affairs, Diana Mondino, has announced that the South American country will allow contracts to be agreed upon in cryptocurrency. A crypto-friendly country “We ratify and confirm that in Argentina contracts can be agreed in Bitcoin,” Mondino posted to X on Thursday....
Bobby Kotick’s Goodbye Letter Calls Xbox ‘The World’s Most Admired Company’
20.12.2023
We knew that Activision Blizzard’s longtime CEO, Bobby Kotick, would be stepping down at the end of this year following Microsoft’s historic acquisition of his company—but we didn’t know that he’d officially leave on the last workday of 2023, technically two days before the end of the year. This...
Activision Sure Knows How To Bury A Story On A Friday Night
16.12.2023
Activision Blizzard has been the subject of scrutiny for several years now, due to its widely criticized “Boys’ Club” corporate culture of sleazy shenanigans. And now, late on a Friday evening just before the holiday season begins in earnest, The Wall Street Journal reports the embattled gaming...
Prepare for a North American Bitcoin Mining Infrastructure Boom + More News
15.12.2023
Source: AdobeStock / thodonal Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Prepare for the Next Bitcoin Mining Infrastructure Boom – BlocksBridge Consulting Bitcoin Miner Marathon...
Insomniac Games Held for Ransom: Hackers Demand Over $2M in Bitcoin
13.12.2023
Source: Insomniac Games / Twitter The infamous Rhysida hacker group has attacked Insomniac Games, allegedly asking for 50 BTC in ransom. Insomniac Games is an American, California-based video game developer and part of PlayStation Studios. The latter is a division of Sony Interactive Entertainment....
Stablecoin Tether Receives ‘Constrained’ Rating from S&P Global
13.12.2023
Source: AdobeStock American credit ratings firm S&P Global Inc. said it has started assessing the ability of Tether (USDT) to maintain its peg to the U.S. dollar marking it at a ‘constrained’ rating of 4. Stablecoins are a cryptocurrency whose value is usually pegged to a fiat currency...
US Presidential Candidates Tackle Crypto Issues at Groundbreaking Forum
12.12.2023
Highlighting the increasing significance of digital assets in American politics, several presidential candidates from the Republican and Democratic parties came together at the Crypto Presidential Forum to discuss their visions for the future of cryptocurrency in the U.S. Crypto Takes Center Stage...
Cambridge Study: Ethereum Consumes 28x Less Energy Than American Express
12.12.2023
Source: AdobeStock The world’s second-largest crypto protocol Ethereum network, is reported to consume 28 times less energy than the American Express business, according to a recent report from the University of Cambridge. The report compares the annual energy consumption of the smart...
Epic Games Wins Shocking Upset In Google Monopoly Trial
12.12.2023
Epic Games sued Google over anti-competitive practices and won. A jury in the in the Epic v. Google case delivered a swift verdict, concluding that the giant tech firm was operating an illegal monopoly on Android devices in the form of the Google Play storefront. Read more
The Best Part Of The Game Awards This Year Was The Fashion
8.12.2023
Last year, I caused a bit of a ruckus by saying the fashion at The Game Awards was indicative of the industry’s identity crisis. I lamented the t-shirt and blazer uniform and begged the men of the industry to do better. And though I said this not long before the 2022 awards show was set to kick...
Reebok’s Blockchain-Powered Gaming Experience Set to Transform Fashion
8.12.2023
Source: Futureverse, Reebok AI and metaverse technologies firm Futureverse and American sports culture brand Reebok have joined hands to create AI, Web3, blockchain-based gaming, and metaverse experiences. While the two are expected to make digital versions of Reebok wearables linked...
Matthew McConaughey Shows Off New Time-Bending Sci-Fi Game Exodus
8.12.2023
Today, at The Game Awards Exodus was officially announced via a new trailer and an on-stage appearance by actor Matthew McConaughey who stars in the game.Read more
House Committee Unanimously Passes Pro-Blockchain Bill
7.12.2023
The House Committee on Energy has voted unanimously to approve a new piece of legislation entitled the “Deploying American Blockchains Act.” What the bill entails According to the brief, the bill would “direct the Secretary of Commerce to promote the competitiveness of the United States related to...
Brazilian Financial Regulator Co-launches Crypto Glossary
7.12.2023
Source: mizar_21984/Adobe The CVM, Brazil’s markets regulator, has co-launched a glossary of crypto-related terms in a bid to “standardize” terminology in the Latin American nation. The glossary was co-compiled and published by the Brazilian Cryptoeconomics Association (ABCripto), a crypto industry...
Megadeth Drops NFT Collection, Offers Exclusive Access to Metaverse And Real World Events
6.12.2023
Megadeth’s new NFT drop enables exclusive metaverse and real-world access for fans. Image by Kerem Goktug Kaya, DALL-E 3. Yesterday, legendary American thrash metal band Megadeth announced the launch of a new non-fungible token (NFT) collection, offering fans exclusive access to digital...
El Salvador’s Bitcoin Strategy Pays Off with $3.6 Million Profit – Will President Nayib Bukele Sell BTC Holdings?
4.12.2023
El Salvador Flag With BTC Tokens / Source: Adobe The Bitcoin (BTC) price, which briefly surpassed $42,000 on Monday for the first time since April 2022, has risen back above El Salvador’s average purchase price, putting the emerging Central American nation’s crypto bet back in the green....
JPMorgan Report Highlights Resurgence in DeFi and NFT Sectors
1.12.2023
Source: Pixabay American banking giant JPMorgan has shed light of optimism in the decentralized finance (DeFi) and non-fungible tokens (NFT) sectors. A JPMorgan report published Thursday revealed notable revival in the DeFi and NFT activity, spurred by an improved crypto markets sentiment. Titled...
CZ Resigns as Chairman of Binance US, Signaling Strategic Shift
28.11.2023
On Tuesday, Binance US, the American branch of Binance.com, revealed that Changpeng Zhao (CZ), its former CEO, has relinquished his position as chairman of the board with immediate effect. The announcement emphasized that Binance US is fully functional and operates independently from Binance.com....