Industry News

PlayStation Plus: A New Addition to the Dragon Ball Z Gaming Library March is an exciting month for PlayStation Plus subscribers as Sony announces the latest title to join its extensive gaming collection. Among the diverse selection of offerings, one game stands out for role-playing game (RPG) enthusiasts: Dragon Ball Z: Kakarot by Bandai Namco….

Charles Hoskinson debunks FUD, confirms active development of Cardano Hydra

Amidst recent speculation suggesting abandonment of Hydra, Cardano’s much-anticipated layer-2 scaling solution, Charles Hoskinson, the founder of the project, has come forward to quell any doubts and emphasize the team’s unwavering commitment. In a post on social media platform X, Hoskinson addressed rumors directly, asserting that not only is the project far from being abandoned,…

Ether.fi unveiling ETHFI: A New Era in Decentralized Governance

The digital finance landscape is on the precipice of a groundbreaking transformation with the emergence of ETHFI, the governance token by ether.fi. This development represents a pivotal moment in the quest for a more decentralized and user-driven ecosystem within the realm of Decentralized Finance (DeFi). Let’s delve deeper into this intriguing announcement, the inner workings…

U.S. wants to keep Sam Bankman-Fried in jail until he is 80

Patrick Cliff10 months ago10 months ago07 mins

The Dramatic Downfall of Sam Bankman-Fried: From Crypto Tycoon to Accused Mastermind The captivating story of Sam Bankman-Fried, the former CEO of FTX – a now defunct cryptocurrency exchange empire – has taken an unexpected turn. This once celebrated figure is currently facing the possibility of spending the better part of his life in prison,…

Paris Hilton’s metaverse generates $60m in media adverts

Paris Hilton’s Virtual Fortune: A Game-Changing $60 Million Haul in Roblox The digital world has been set ablaze once again by media powerhouse Paris Hilton, but this time she’s raking in the big bucks without the usual billboards or TV spots. Hilton’s latest venture into Roblox, the immersive “Slivingland” experience, has generated a staggering equivalent…

SEC charges 17 $300m for crypto Ponzi Scheme targeting Latinos

Unraveling the $300 Million Crypto Con: The Dark Side of Financial Freedom The U.S. Securities and Exchange Commission (SEC) has taken decisive action against 17 individuals involved in a staggering $300 million crypto scam. This case, which is far from an isolated incident, highlights the dangerous underbelly of cryptocurrency’s allure of wealth and autonomy. The…

U.S. Representative exposes Federal Reserve’s secret CBDC plans

Rumors and Revelations: The U.S. Federal Reserve’s Secret Affair with a Central Bank Digital Currency (CBDC) The Federal Reserve’s Cryptic Courtship with a Digital Dollar Swirling rumors and intensified whispers have now transformed into an undeniable truth, as the long-awaited revelation regarding the U.S. Federal Reserve’s intentions towards a central bank digital currency (CBDC) has…

United States manufacturing firms turn their attention to the metaverse

The Industrial Metaverse: A Game Changer for United States Manufacturing Firms Manufacturing industries in the United States are experiencing a significant shift in their approach to production cycle challenges, with an increasing focus on the industrial metaverse. According to a report published by the World Economic Forum (WEF) on March 12, 2023, an astounding 92%…

Solana community embroiled in NFT tussle with Dogwifhat owners

In the fascinating world of Shiba Inu-themed meme coins, where endearing memes and a distinct language reign supreme, recent disagreements have emerged within the Solana community. These discords stem from a contentious issue surrounding an NFT depicting the real-life Shiba Inu named Achi, who has served as the inspiration for the renowned Dogwifhat (WIF) meme…

Solana experiences surge amid meme coin excitement

Solana’s Meteoric Rise: From Memecoin Mania to Robust Network The digital currency scene has been ablaze with excitement recently, particularly around meme coins. Among the cryptocurrencies that have seen notable price surges is Solana (SOL), which experienced a significant jump of nearly 24%, bringing its value to $180.72. This price hike can be linked to…

Aevo’s drastic trading volume drop triggers wash trading allegations

Recent Volatility in Aevo’s Trading Volume Sparks Concerns Over Potential Market Manipulation The Controversial Surge and Fall in Aevo’s Daily Trading Volume The decentralized crypto perpetual and options exchange, Aevo, has recently experienced a significant increase and subsequent decrease in daily trading volume, causing alarm among market participants regarding potential market manipulation. The exchange’s trading…

COPA seeks injunction against Craig Wright after court verdict

The Crypto Open Patent Alliance (COPA), an organization dedicated to safeguarding the cryptocurrency ecosystem, has recently secured a significant victory in its ongoing legal performance against Craig Wright, a computer scientist who has long claimed to be Satoshi Nakamoto, the enigmatic creator of Bitcoin. The presiding judge in the U.K. trial ruled that Wright is…

Former FTX CEO Sam Bankman-Fried faces a potential 40–50-year sentence

Following a lengthy and complex criminal trial, prosecutors have put forth their sentencing recommendation for Sam Bankman-Fried, the former CEO of the now-bankrupt cryptocurrency exchange FTX. Convicted on multiple charges, including wire fraud, securities fraud, and money laundering conspiracy, Bankman-Fried’s legal team has requested a maximum sentence of six and a half years in prison….

U.S. government reveals Sam Bankman-Fried’s attempts to repair public image amid legal woes

In a significant turn of events, the United States government has unveiled intriguing details concerning Sam Bankman-Fried’s attempts to restore his public image following the demise of FTX in late 2022. These disclosures were made through a court filing, adding fuel to the ongoing legal proceedings against the ex-FTX CEO, who currently faces multiple allegations…

Binance Lists BOME: Surges 243% in 24 Hours, What’s Behind the Hype?

Amidst the burgeoning crypto market, meme cryptocurrencies have once again taken center stage, attracting investors’ attention with their remarkable price increases. Among these meme coins, one name that has stood out is Book of Meme (BOME). In a matter of days, BOME experienced an extraordinary surge of over 200%, reaching a value of $0.0226. This…

Cryptocurrency policies: A comparative analysis of Biden and Trump administrations

The political landscape of cryptocurrency is significantly influenced by the policies and attitudes of presidential leaders. As the 2024 presidential campaign gathers momentum, comparing the cryptocurrency stances of former President Donald Trump and current President Joe Biden becomes an essential exercise. Biden Administration’s Cryptocurrency Policies During President Joe Biden’s tenure, the administration has taken a…

Helldivers 2 Surpasses Expectations, Analysts Say

Helldivers 2 Defies Industry Trends with Record-Breaking Sales and Continued Improvements TD Cowen analyst Doug Creutz has recently suggested that Helldivers 2, the cooperative shooter developed by Arrowhead Game Studios and published by Sony Interactive Entertainment, has exceeded sales expectations since its release. Although Sony has not officially disclosed sales figures, data from SteamDB indicates…

Crypto trader turns $9,000 investment into $123,000

The cryptocurrency market has recently experienced an extraordinary development with the value of the meme-inspired digital asset, Book of Meme (BOME), witnessing a meteoric surge of over 3000% within a single day. This unprecedented price escalation has propelled BOME into the limelight, generating significant interest among seasoned traders and newcomers alike. Background of Book of…

Nigerian SEC proposes hefty fee increase for crypto exchange registration

Nigerian Securities and Exchange Commission Proposes Significant Amendments to Crypto Regulations In a pivotal development for the crypto industry within Nigeria, the Securities and Exchange Commission (SEC) has announced plans to revise the regulations that govern platforms offering cryptocurrency services. This announcement comes as part of Nigeria’s broader strategy to establish a more regulated environment…

Bitcoin’s bullish backer MicroStrategy surpasses Amazon in trading volume