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Ethereum could pave way for $100,000 Bitcoin, Bloomberg analyst asserts
9.8.2021
"If Bitcoin were to catch up to Ethereum's performance this year, the No. 1 crypto's price would approach $100,000," believes Mike McGlone, senior commodity strategist at Bloomberg Intelligence
India Plans to Unveil Central Bank Digital Currency Model by Year End
9.8.2021
The deputy governor of India’s central bank, the Reserve Bank of India (RBI), says the bank should be able to come up with a central bank digital currency (CBDC) model by the end of this year. India May Unveil a CBDC Model by Year End The Reserve Bank of India (RBI) may unveil a model...
US Senator Warns Passing Unproven Crypto Law Will Stifle Innovation and ‘Make Americans Poorer’
8.8.2021
U.S. Senator Mike Lee has raised concerns that adopting the crypto tax provision in the $1.2 trillion infrastructure bill will stifle innovation and make Americans poorer. He explained that cryptocurrencies are not like securities and cannot be regulated with the same policies, noting that to do...
Sunday Comics: Déjà Vu
8.8.2021
Hello! It’s time for Kotaku’s Sunday Comics, your weekly roundup of the best webcomics. The images enlarge if you click on the magnifying glass icon.Read more
Analyst Predicts ‘Refreshed Bull Market’ for Bitcoin, Price Heading Toward $100K
6.8.2021
Bloomberg Intelligence analyst Mike McGlone sees “a refreshed bull market” for bitcoin. Comparing the performance of the cryptocurrency to the start of 2019, he explained, “we see performance parallels that could get the benchmark crypto back on track toward $100,000.”...
Activision Blizzard’s Latest Investor Call Was An Especially Ghoulish Affair
4.8.2021
Every few months big game companies hold investor calls in which one set of rich people reassures another set of rich people that they are both still rich and will, over the coming months, likely get even richer. Sometimes one of the rich people hints at a new game that’s in development. Other...
Mike Novogratz blasts US officials for poor grasp over crypto industry
4.8.2021
The billionaire crypto proponent said politicians and regulators have a flawed understanding of crypto and its technological underpinnings
Activision Blizzard Is Losing Overwatch Sponsors After Lawsuit
3.8.2021
In the wake of a lawsuit detailing a sickening culture of harassment at Activision Blizzard, the Overwatch and Call of Duty publisher is starting to bleed sponsorships. As spotted by the esports site Dexerto, T-Mobile has apparently pulled support for the professional leagues of both games.Read more
Blizzard President J. Allen Brack Is 'Stepping Down'
3.8.2021
J. Allen Brack, the President of Warcraft and Overwatch studio Blizzard Entertainment, is leaving his position less than two weeks after an investigation by the California Department of Fair Employment and Housing made public explosive allegations of harassment and discrimination within...
Miley Cyrus performs at birthday party for Mike Novogratz’s daughter
3.8.2021
Pop starlet Miley Cyrus was spotted performing at an extravagant private birthday party for actress Gabriela Novogratz, the daughter of Galaxy Digital CEO Mike Novogratz
Sunday Comics: Job Well Done!
1.8.2021
Hello! It’s time for Kotaku’s Sunday Comics, your weekly roundup of the best webcomics. The images enlarge if you click on the magnifying glass icon.Read more
Mike Novogratz Says Institutions Are Buying Bitcoin, Politicians Need More Crypto Education
29.7.2021
Galaxy Digital CEO Michael Novogratz says that cryptocurrencies, such as bitcoin, have bounced back because institutional investors are buying. Responding to U.S. Senator Elizabeth Warren’s anti-crypto stance, he stated, “We need to do a much better job going to D.C.” to educate...
The NBA’s Cleveland Cavaliers to Collaborate With Blockchain Firm Socios.com
27.7.2021
Following the announcement from the National Basketball Association’s (NBA) Boston Celtics, the Cleveland Cavaliers has officially partnered with the blockchain firm Socios.com. The partnership is aimed at increasing the Socios brand and awareness via the Cavaliers’ global asset...
Activision Blizzard Employees Plan Walkout Wednesday To Protest Working Conditions
27.7.2021
Following days of informal protests and denouncements of their company’s response to the California Department of Fair Employment and Housing lawsuit, Activision Blizzard employees are holding a formal walkout Wednesday, July 28, calling on leadership to improve conditions for women, particularly...
Former World of Warcraft Designer Apologizes For Disastrous 2010 Blizzcon Answer
26.7.2021
Last week, a clip from a developer Q&A session at Blizzcon 2010 went viral. In the video, a woman stepped up to a panel of men from Blizzard to point out that nearly all the female characters in World of Warcraft look like they have “stepped out of a Victoria’s Secret catalog.” The group’s...
Diablo Co-Creator Chris Metzen On Blizzard Lawsuit: 'We Failed'
26.7.2021
In the wake of the revelations about the severity of long-term sexual harassment and discrimination at Activision-Blizzard, a number of formerly senior men who have since left the company are taking it in turns to very publicly say how completely dreadful it all is, and how very sorry they are,...
FTX Slashes Leverage Limit from 100x to 20x — Community Suspects Competitors Will Follow Example
26.7.2021
FTX CEO Sam Bankman-Fried told his Twitter followers on Sunday that his crypto exchange has lowered its margin trading limit from 101x to 20x. Prior to the change, FTX supported 50x, 100x, and 101x leverage but Bankman-Fried said these high leverage positions represent “a tiny fraction...
Sunday Comics: Spoiled Food
25.7.2021
Hello! It’s time for Kotaku’s Sunday Comics, your weekly roundup of the best webcomics. The images enlarge if you click on the magnifying glass icon.Read more
Strategist Mike McGlone Believes Bitcoin Can Jump to $60K Resistance vs. $20K Support
25.7.2021
The senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has been long on bitcoin for a while now and he said last month that bitcoin has a “bullish ace up its sleeve.” This week the strategist’s analysis notes that bitcoin prices will likely revert toward the $60K...
Ex Blizzard Boss Mike Morhaime To Women: 'I Failed You'
24.7.2021
Blizzard co-founder and longtime boss Mike Morhaime took to Twitter just after midnight Friday to comment on the widespread allegations of sexual harassment and discrimination at the game company he led for so long. “To the Blizzard women who experienced any of these things, I am extremely sorry...