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Disney Reportedly Axing Metaverse Division Amidst Company Restructuring
1.4.2023
The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storytelling and consumer-experience unit, comprised...
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”...
FaZe Clan Stock Price Too Embarrassing For Wall Street
27.3.2023
Less than a year into gaming content creator mega-brand FaZe Clan’s disastrous Wall Street experiment, the Nasdaq has said please, no more. The New York-based stock exchange sent a “Notice of Delisting” last week to the esports company threatening to drop it from trading if it doesn’t get its stock...
FTX seeks to claw back $460M from Bankman-Fried-backed VC firm
23.3.2023
While the funds represent a small portion of FTX’s overall asset shortfall, the settlement means the firms can avoid a costly legal battle
Bitcoin market cap grows 60% in 2023 as top Wall Street banks lose $100B
18.3.2023
Bitcoin has decoupled from stocks and rising ten years after the Cyprus banking crisis coincided with a BTC price boom
Banking Giant State Street Cuts Ties With Crypto Custody Firm Copper
16.3.2023
State Street and Copper have mutually decided to end their licensing agreement, a spokesman for the bank said
March’s PS Plus Update Is Big, Adding Games Like Ghostwire, Uncharted, and Street Fighter V
15.3.2023
Another month, another chance for Sony to convince you to keep your PlayStation Plus Extra or Premium subscription (or to sign up). And this month the lineup is solid enough that I’ll likely stick around. Over a dozen games are being added, including three classics and a few big triple-A games like...
US Authorities Probe Jump Trading and Jane Street Conversations About TerraUSD Bailout
14.3.2023
The US Justice Department has probed the two major trading firms Jump Trading and Jane Street about plans for a potential bailout of the Terra network’s failed algorithmic stablecoin TerraUSD (UST).
According to Bloomberg report from Monday, prosecutors are now looking into group chat...
Former Jane Street, PIMCO traders raise $15M for ZK proof-of-solvency protocol
9.3.2023
The team said it has already lined up clients, including CoinList, Bitso and TrueUSD
Greg Street opouští Riot Games, pracoval na League of Legends MMO
8.3.2023
Democratic Senators Push Against Meta’s Idea of Bringing the Metaverse to Teens
6.3.2023
Meta, the social network company, is getting some pushback on its plan to market and bring Horizon Worlds, its flagship metaverse app, to teens. Democratic senators Ed Markey and Richard Blumenthal directed a letter to the company to halt these actions, citing concerns about the interactions that...
Top 7 Wall Street movies you must watch
3.3.2023
Discover the best of Wall Street cinema with these top seven films, featuring captivating tales of finance, ambition and power
Silvergate Uncertainties May Put TradFi Heavy Hitters' Stakes in Jeopardy
1.3.2023
Silvergate shares have tumbled 29% in after hours trading on Wednesday as the crypto-friendly lender raised a “going concern” issue in a regulatory filing
The Internet Reacts To Street Fighter 6's New Cammy
25.2.2023
Yesterday during Sony’s State of Play showcase, the fighting game community witnessed three character reveal trailers for Street Fighter 6. I say three, but if we’re being honest with ourselves, the only street fighter who’s on anyone’s mind is one Cammy White. So let’s count the many ways that...
Bitcoin sees fresh $25K rejection as pre-Wall Street volatility returns
21.2.2023
BTC price action once again slips while trying to overcome $25,000 resistance as the rejections keep coming
Crypto bank Silvergate ranks as the second most-shorted stock on Wall Street
12.2.2023
Over 72% of Silvergate Capital Corp stocks were shorted as of Jan. 31, shows FINRA's latest data
Fed Policy Win Could Harm Bitcoin’s Wall Street Narrative
3.2.2023
The January rebound in equities and knockout employment report may have undermined a few buy-bitcoin narratives, but the real value proposition behind bitcoin lies far beyond Wall Street in emerging markets, where bitcoin is in strong demand
Fund Management Giant State Street Increases Stake in Silvergate to 9.3%
2.2.2023
State Street disclosed a 9.3% stake in troubled crypto lender Silvergate Capital (SI) as of Dec. 31, according to a filing Thursday with the Securities and Exchange Commission (SEC)
Top Gaming Influencer Group FaZe Clan Is Now A Penny Stock
31.1.2023
When FaZe Clan, an esports company turned gaming lifestyle agency, went public last year it claimed to be worth $700 million. Just six months later it’s worth just a fraction of that. Whether it’s the controversy constantly swirling around some of its members or the fact that the esports bubble...
Arbitrum-Based Vest Exchange Emerges, Aims to Democratize Perpetual Futures
31.1.2023
A new decentralized exchange (dex) on Arbitrum, called Vest Exchange, was announced this past weekend, and the team that created the project said the platform aims to focus on democratizing perpetual futures. The team behind Vest further detailed that the new Arbitrum dex is backed by firms such...