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EA Lays Off Almost 800 People Weeks After Posting Huge Profits
30.3.2023
Publishing giant Electronic Arts announced today that approximately 6% of its global workforce, or between 700-800 people, will be laid off as the company drives “greater focus across our portfolio”.Read more
Beaxy exchange shutters after SEC presses multiple charges against founder, execs
29.3.2023
The regulator is throwing the book at Beaxy and people associated with it on charges of unregistered securities offering and failing to register in a number of capacities
Binance concealed ties to China for years, even after 2017 crypto crackdown: Report
29.3.2023
Documents reviewed by the Financial Times show that Binance kept staff and operations in China despite announcing its departure in 2017
The Questions That Linger After Do Kwon’s Arrest
29.3.2023
CoinDesk's Chief Insights Columnist David Z. Morris suggests that the Terra founder's attempts to avoid prosecution may have added to his troubles
Bitcoin Halving Approaches: Less Than 400 Days Until Block Reward Subsidy Is Cut in Half
29.3.2023
According to current statistics, the Bitcoin network is fewer than 56,000 blocks away and less than 400 days away from the next reward halving. After the next halving, the block reward will be reduced by 50%, and the current block subsidy of 6.25 bitcoins will drop to 3.125 bitcoins per block...
Crypto Exchange Beaxy Shut Down After SEC Lawsuit
29.3.2023
Crypto platform Beaxy has officially closed its doors as the U.S. Securities and Exchange Commission (SEC) charged the company and its founder Artak Hamazaspyan with operating an unregistered exchange and brokerage, the agency said
Report: Do Kwon Successfully Formed a Company in Serbia Weeks After Interpol Issued Red Notice
29.3.2023
According to a report, the recently arrested Terraform Labs co-founder Do Kwon was able to register a company in Serbia just a few weeks after Interpol issued a Red Notice for him. Lawyers that helped Kwon form a company in Serbia reportedly said they were not aware of Interpol’s Red Notice...
Bitcoin price jumps above $28K after 1.5K BTC shorts 'blown out'
29.3.2023
Bitcoin bears get a sudden roasting as short squeeze sends BTC price action to levels last seen before the Binance regulatory debacle
Jake Paul-endorsed SafeMoon gets hacked after introducing a bug in upgrade
29.3.2023
A public burn() function introduced in the latest upgrade allegedly allows users to burn tokens from other addresses
Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses
29.3.2023
According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying...
Fear and Greed Index Pulls Back After Hitting 'Greediest' Level Since Late 2021
28.3.2023
The index, which measures the current sentiment in the crypto market, reached its highest point since 2021 last week hitting a rating of 68
Galaxy Digital swings to profit after $1B net loss in 2022
28.3.2023
The Mike Novogratz-led digital asset firm recorded a pre-tax income of $150 million during most of Q1 2023
Binance's BUSD Stablecoin Sees $500M Outflows After CFTC Lawsuit
28.3.2023
Some analysts say Binance’s recent decision to include other stablecoins in its zero-fee trading program could have contributed to lesser dependence on BUSD
Binance Experiences Significant BTC, ETH, and Stablecoin Withdrawals Following CFTC Lawsuit
28.3.2023
After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million in Ethereum-based funds were withdrawn in...
Bitcoin Sinks Below $27K After CFTC Files Suit Against Binance
27.3.2023
BTC dropped to the lowest level since March 17 after the agency sued the crypto exchange for alleged regulatory violations. Binance Coin (BNB)’s price declined by 5%
Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis
27.3.2023
After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist Charles Gasparino insists that Wall Street’s “low-rate”...
After Three Months Of Struggles, Ashika Island Saved Warzone 2.0
27.3.2023
Since its release in November 2022, Call of Duty: Warzone 2.0 has undergone immense scrutiny from the community due to its rocky launch. Warzone 2.0 dropped with numerous missing features that undid a lot of the goodwill garnered during the first game’s lifecycle, and while it still has a long...
Netflix Star Wants To Name Kids After Elden Ring Bosses, And The Internet Approves
27.3.2023
Love makes you do crazy things. When you feel connected to another person, you feel compelled to go to the ends of the Earth for them. Maybe you’ll take a bullet for your significant other. Maybe you’ll do their taxes and handle their dirty laundry (figuratively and literally). Or maybe, as in...
XRP price: 'sell the news' moment nears after crypto-leading 20% weekly gain
27.3.2023
XRP whales have been accumulating since February with only days remaining until the SEC vs. Ripple lawsuit could reach its potential conclusion
Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro
26.3.2023
According to the Montenegro-based newspaper Vijesti, Do Kwon, the co-founder of Terraform Labs, also known as Kwon Do-hyung, is appealing the detention extension ordered by a Montenegrin court. Kwon was arrested on March 23, 2023, after being caught at Podgorica Airport in Montenegro while...