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Epic Games Cuts 16% Staff due to High Metaverse Ambitions
September 29, 2023
Epic Games, the creator of Fortnite, has let go 16% of its workforce, equivalent to 830 staff members. The company cited unrealistic transitions to revenue from metaverse-driven operations led it …
Read moreFrench Authorities Investigate Nvidia Amid Suspected Anti-Competitive Practices
September 29, 2023
Recent reports have unveiled an emergent concern around tech giant Nvidia seizing monopolistic tendencies within the graphics card industry. Legal authorities in France have intervened via an announced raid at …
Read moreLearn Concept: Understanding the Crypto Futures Market
September 29, 2023
The advent of cryptocurrency futures contracts is a significant breakthrough in the digital trading marketplace, opening new pathways for growth. Particularly, the recent introduction of perpetual futures trading for non-US …
Read moreRipple Calls Off Acquisition of Fortress Trust Following Security Breach Revelation
September 28, 2023
Fortress Trust's previously planned acquisition by Ripple has been ultimately scrapped, as indicated by official statements made last week. Ripple's CEO, Brad Garlinghouse, revealed that the firm had reversed its …
Read moreSam Bankman-Fried Denied Temporary Release Ahead of Fraud Trial
September 28, 2023
The former FTX CEO, Sam Bankman-Fried, has been denied temporary release from jail before his imminent criminal trial set to begin next week. Despite multiple attempts from his legal team …
Read moreCrypto Futures and Market Chaos: Keys to Bitcoin and Crypto Growth?
September 28, 2023
Crypto futures, the latest offering from Coinbase, serve as powerful new strategies for Bitcoin traders, fostering fresh avenues for market evolution. These futures contracts are pivotal in amplifying the overall …
Read moreBitfinex and Zodia Custody Join Forces to Boost Institutional Trading
September 28, 2023
Bitfinex has revealed a strategic collaboration with Zodia Custody, to provide institutional clients with seamless trading experiences on the exchange, whilst Zodia’s Interchange safeguards their assets through off-exchange settlement. This …
Read moreCoinbase Gains Approval for Global Retail Crypto Futures Trading
September 28, 2023
Bermuda Monetary Authority has granted regulatory approval to the international subsidiary of Coinbase, a leading crypto exchange, for its proposal to offer perpetual futures trading for non-U.S. retail clients. Eligible …
Read moreMarathon Digital's Bitcoin Mining Experiment Leads to Invalid Block
September 28, 2023
Marathon Digital, a well-known Bitcoin mining company, mined an invalid Bitcoin block while undertaking an operational optimization experiment. This experiment sparked a transaction ordering issue, resulting in an invalid block …
Read moreCross-Border Trading of Wholesale CBDCs Explored by Central Banks
September 28, 2023
The Bank for International Settlements (BIS), along with France, Singapore, and Switzerland's central banks have successfully completed the experimental phase of Project Mariana. The initiative focuses on the cross-border trading …
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