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US Personal Consumption Expenditures Tap Record Highs, Stanford Economist Says Fed Should Increase Rates Above 9%
31.7.2022
On July 29, the U.S. Bureau of Economic Analysis reported on America’s personal consumption expenditures (PCE) price index for the month of June, and the figure saw the largest 12-month increase since 1982. On the same day, Stanford University’s senior fellow at the Hoover Institution...
Report: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company
3.7.2022
According to the Chinese journalist Colin Wu, otherwise known as “Wu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firm’s staff due to “a sharp drop in revenue.” Furthermore, the reporter claims that Huobi’s co-founder Leon Li...
A Live-Action One Punch Man Movie Is In Development
14.6.2022
One Punch Man, originally a manga series and more recently an anime and video game (oh and a very clean pair of shoes), is about to make the jump to another media with the announcement that a live-action movie adaptation is in development at Sony.Read more
Web3 Gaming Company Metatheory Raises $24 Million With Backing From A16z, Pantera, and FTX
18.5.2022
Metatheory, a Web3 gaming company founded in 2021, has announced it has raised $24 million in a Series A funding round. The investment round, which was led by big VC names in the crypto space like a16z, also had the participation of Pantera Capital and FTX Ventures. Kevin Lin, CEO of the company...
Twitch co-founder raises $24M for Web3 gaming firm Metatheory
17.5.2022
The funding round led by Web3-focused venture capital firms will be used for upcoming nonfungible tokens, comics and a play-to-earn game slated for late 2022
NBA Star Jeremy Lin Dropping NFTs with Reel8 & Project Galaxy
4.5.2022
Jeremy Lin, the former NBA superstar, recently announced releasing the first film NFTs for Linsanity. The documentary-based NFTs will be used to assist the Asian American community. Project Galaxy is supporting the initiative by sharing allowlist spots across multiple campaigns. The Jeremy...
Web3 platform integrates social commerce app into Circle's payment infrastructure
9.3.2022
The platform was founded in 2018 by musical icon John Legend, alongside a number of Silicon Valley technology entrepreneurs
Bitcoin Mining Firm Luxor Launches ASIC Trading Desk
13.1.2022
On January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC) trading desk. According to the company, Luxor’s new trading desk will give miners and investors access to bitcoin ASIC mining rigs “at...
12 Recent Games To Play When You Want A Great Story Or Characters
30.12.2021
Games rooted in abstract systems or that see you controlling vast armies of faceless soldiers can be great, but sometimes you want something that feels a little more intimate and human. Something where the characters are so lively, playing the game almost feels like hanging out with friends,...
Harrah’s New Orleans Casino Requires Vaccination Card, On-Line Gambling Surges
4.9.2021
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
Cryptocurrency is moving from virtual exchanges to the gaming sphere as on-line casinos start accepting the digital currency. The move could spell lower participation rates for brick-and-mortar...
Offchain Labs Launches Arbitrum One Mainnet — Startup Raises $120 Million
2.9.2021
On August 31, 2021, Offchain Labs announced the official launch of Arbitrum One mainnet and further detailed that the company has raised $120 million in funding. The Series B financing led by Lightspeed Venture Partners gives the firm a $1.2 billion valuation. Arbitrum One Mainnet Is Now Live...
Economist Steve Hanke Warns Salvadoran Bitcoin Adoption Could ‘Completely Collapse the Economy’
20.6.2021
The professor of applied economics at Johns Hopkins University, Steve Hanke, has recently been criticizing bitcoin adoption taking place in El Salvador. Hanke doesn’t think it’s a good idea for the Latin American country to use bitcoin as legal tender and says it could “completely...
Dan’s Infinite Combo Seals Brilliant Street Fighter V Comeback
17.5.2021
Infinites, or fighting game combos that can be looped ad nauseam with no space for the opponent to escape or retaliate, are typically pretty difficult to pull off outside of the Marvel vs. Capcom series. They’re not easy to perform in training mode, let alone bust out for a serious match. But this...
Expect a Lot of Airbender From Nickelodeon's Avatar Studios
19.3.2021
When Nickelodeon announced earlier this year that it was in the early stages of building Avatar Studios, a new branch dedicated to crafting new projects meant to continue the larger Avatar: The Last Airbender franchise, one of the questions on many people’s minds was what this new endeavor would...
Poison Suspected In Death Of Yoozoo Games' Founder Lin Qi
29.12.2020
Lin Qi, the billionaire founder of China-based League of Angels developer Yoozoo Games, died on Christmas, several days after being admitted to the hospital. Shanghai police are now investigating the 39-year-old’s death as a possible poisoning, according to the Associated Press.Read more
Bitcoin Touches $18K, Crypto Asset Looks to Smash All-Time High, ETH Price Could Spike 20x
18.11.2020
On Wednesday, November 18, 2020, the price of bitcoin has been coasting along at levels not seen since the decentralized currency’s all-time high three years ago in 2017. The cryptocurrency’s market capitalization is currently hovering at around $334 billion today. Likewise, the daily...
Crypto Needs Less Government Regulation – Not More
2.9.2019
A recent opinion article by Peter Lin, “Why Regulation Is The Best Thing For Crypto,” presents common arguments on why the state and state-affiliated institutions should administer cryptocurrency. Underlying the arguments is an assumption: the free market cannot provide necessary...