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Report: Amazon Wants To Make A Mass Effect TV Series
24.11.2021
It was first announced all the way back in 2010 that beloved sci-fi series Mass Effect was being turned into a movie. Fast forward 11 years and, uh, no movie.Read more
Central Bank’s Targeting of P2P Crypto Transactions Forces Startup to Quit Nigeria
23.11.2021
The Nigerian startup behind the social payment app for cryptocurrency and fiat, Kurepay, says the Central Bank of Nigeria (CBN)’s current crackdown on crypto entities has forced it to suspend operations in Nigeria. ‘Horrible’ Year for Crypto Adoption According to a report...
Citigroup to Hire 100 People for Its Crypto Division: Report
23.11.2021
Citigroup is reportedly looking to hire 100 people for its new crypto team. “We believe in the potential of blockchain and digital assets including the benefits of efficiency, instant processing, fractionalization, programmability, and transparency.” Citigroup Growing Its Crypto Team...
Report: Nintendo Of America President Says Activision's Harassment Stories Are 'Distressing And Disturbing'
23.11.2021
Activision’s self-serving response to historic allegations of abuse and misogyny in its workplace has been drawing a lot of criticism lately, from shareholders demanding the resignation of CEO Bobby Kotick to staff staging multiple walkouts. Now Nintendo of America has reportedly joined the chorus...
Kenya Central Bank Governor on CBDC: It’s About Getting It Right Rather Than Being First
22.11.2021
The Central Bank of Kenya (CBK) governor, Patrick Njoroge, has said his institution is currently exploring the use of central bank digital currencies (CBDC) to settle cross-border payments. Njoroge however insists the bank’s priority is getting it right rather than being the first....
Finiko Founder Doronin Offers to Testify Against 44 Accomplices at Crypto Pyramid
22.11.2021
Kirill Doronin, mastermind of the Russian crypto Ponzi scheme Finiko, has proposed to testify against dozens of his former associates he claims violated his order to accept only cryptocurrency from investors. The founder of Russia’s largest financial pyramid in modern times has already...
IRS Expects to Seize Billions of Dollars in Cryptocurrency Next Year — More Than $3.5 Billion in Crypto Seized This Year
22.11.2021
The Internal Revenue Service (IRS) has revealed that $3.5 billion in crypto was seized during the fiscal year 2021. This represents 93% of all funds seized by its criminal investigation unit during the same time period. The agency expects to seize billions of dollars more in cryptocurrency next...
Report: Activision CEO Bobby Kotick Will 'Consider' Quitting If He Can't 'Fix' Company's Culture
22.11.2021
Besieged Activision Blizzard CEO Bobby Kotick, who last week was the subject of staff walkouts and shareholder calls for his resignation, has reportedly said he will “consider leaving the company” if he can’t speedily address the harassment issues that have made headlines around the world this...
Nigerian Remittances Rebound as Country Tops Sub Sahara Africa — Sending Costs Still High
21.11.2021
Nigeria is once again Sub Sahara Africa’s biggest recipient of remittances into the region where the money transfers went up by 6.2 percent to $45 billion, a new World Bank report has shown. The Impact of Nigerian Policies on Remittances According to the November 17, 2021 press release, this...
Alabama Securities Regulator Shuts Down 97 Fraudulent Cryptocurrency Trading Websites
20.11.2021
The securities regulator of the U.S. state of Alabama has issued a cease and desist order against Acoin Trading and 96 other cryptocurrency websites. The crypto investment schemes promise “excessive returns,” report “fictitious account values,” and impose...
Report: Activision Took Years To Fire Someone Who Signed Emails '1-800-ALLCOCK'
20.11.2021
A California lawsuit earlier this year alleged sexual harassment, discrimination, and a pervasive “frat boy culture” at Call of Duty publisher Activision Blizzard. At least in one instance, that culture included an employee signing all of his work emails as “1-800-ALLCOCK.” Read more
India Considers Allowing Only Preapproved Cryptocurrencies — Crypto Regulation Expected by Year-End: Report
19.11.2021
India is reportedly considering allowing only preapproved cryptocurrencies to be listed and traded on exchanges. In addition, the government aims to both introduce and pass a cryptocurrency law by year-end. Indian Crypto Regulation and Preapproved Cryptocurrencies India is considering allowing only...
NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round
19.11.2021
A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was...
Report: Leading NFT Marketplace Opensea Presented With $10 Billion Valuation, Investors Are ‘Clamoring’
18.11.2021
On November 17, a report disclosed that the leading non-fungible token (NFT) marketplace, Opensea, is “fielding new investment offers” according to two unknown sources familiar with the matter. The investment could propel Opensea’s valuation by six times to a $10 billion market...
How low will Bitcoin dip? | Find out now on The Market Report w/ Michael Kong
18.11.2021
“The Market Report” with Cointelegraph is live right now with special guest Michael Kong, CEO and chief information officer of Fantom Foundation
Bank of Russia plans to take fees for CBDC transactions: Report
18.11.2021
The Bank of Russia views CBDC as a responsible alternative to Bitcoin and wants to take fees from CBDC transactions
Nvidia’s Q3 report reveals sharp decline in crypto mining chip sales
18.11.2021
Nvidia's crypto mining product line sales are expected to decline to “very negligible” in the fourth quarter
Blockchain Industry to Surpass $67 Billion by 2027: Fintech Report Names 2021’s Most Influential Blockchain Companies
17.11.2021
Financial technology (fintech) has exploded during the last two years and cryptocurrency and blockchain firms have bolstered the billion-dollar industry. A recently published study by Utility Bidder indicates that the industry is predicted to surpass $382 billion by 2027. Moreover, fintech firms...
India To Define Crypto As Asset, Ban Payments, and Ads - Report
17.11.2021
Amid a rising number of signs indicating that India’s government could adopt a more nuanced approach to cryptoassets, another report claims that the authorities are finalizing work on legislation that could pave the way for regulation of cryptoasset trading - while banning crypto’s use in payments...
Report: Activision's Bobby Kotick Didn't Just Know, He Also Mistreated Women
16.11.2021
Activision Blizzard CEO Bobby Kotick claimed to be in the dark about widespread allegations of sexual harassment and discrimination that surfaced at the company earlier this year, but according to a new bombshell report by The Wall Street Journal, Kotick wasn’t just aware of the misconduct, he...