Disney reportedly scraps its metaverse division
The metaverse division was initially created to work on new ways of engaging Disney’s audience.
Year: 2023
Bitcoin ATM maker to refund customers impacted by zero-day hack
General Bytes has implemented several measures in the wake of the hack, including offering to reimburse its cloud-hosted customers and...
BlockFi to provide over $100K in refunds to California clients
At least 111 BlockFi borrowers had continued repaying loans between Nov. 11 and Nov. 22, even though they didn't need...
UK Treasury drops plans for Royal Mint NFT
The Economic Secretary of the Treasury told Parliament has confirmed the project has been put on the back burner, but...
Voyager’s $1B sale to Binance.US put on hold by US court
A federal judge has temporarily halted a proposed deal between Voyager and Binance.US in order to give the government more...
Market Strategist Discusses ‘Super Bubbles’ Bursting — Warns of ‘Outrageously Consequential, Painful Effects’
Market strategist Jeremy Grantham, co-founder of asset management firm GMO, has warned of “super bubbles” bursting. He explained that the...
Vaneck CEO Predicts Bull Cycle for Bitcoin and Gold — Expects Fed Tightening to End Soon
The CEO of investment management firm Vaneck has predicted a bull cycle for gold and bitcoin. “We are at the...
Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025
Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger...
Biden’s policy on crypto taxation undermines his environmental goals
We don’t tax houses while they’re under construction, and we shouldn’t impose taxes on cryptocurrency while it’s staked. Gains accrued...
Breaking: Binance CEO CZ rejects allegations of market manipulation
The response comes in relation to a series of claims made by the CFTC in its March 27 complaint against...
MakerDAO passes new ‘constitution’ to formalize governance process
The document creates multiple offices tasked with fulfilling various jobs for the protocol, each with their own powers and responsibilities....
Euler Finance exploiter returns another $37.1M worth of ETH and DAI
The exploiter originally drained $195 million worth of ETH and tokens from the protocol but has now returned around $138...
CFTC calls ETH a commodity in Binance suit, highlighting the complexity of classification
The suit claims Binance used Ether as a commodity in its financial products, experts explained, which says little about the...
Bitcoin Price Prediction for Today, March 27: BTC/USD Slumps as Price Targets $26,500 Support
The Bitcoin price prediction shows that BTC may continue to fall if the price slide below the 21-day moving average....
First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B
According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens...
