Indonesian authorities blocks Steam, Epic, Ubisoft and Nintendo

Over the weekend, the Indonesian government began the task of blocking any websites or services that do not register as part of a new “internet control” law. That ended up being a lot, including everything from Steam to the Epic Games Store to Nintendo Online to EA and Ubisoft platforms. Indonesia’s Ministry of Communications and … Read more

Indonesian authorities blocks Steam, Epic, Ubisoft and Nintendo

Over the weekend, the Indonesian government began the task of blocking any websites or services that do not register as part of a new “internet control” law. That ended up being a lot, including everything from Steam to the Epic Games Store to Nintendo Online to EA and Ubisoft platforms. Indonesia’s Ministry of Communications and … Read more

SEC Investigates Coinbase’s Previous

Gary Gensler, Chairman of the US Securities and Exchange Commission, has been quite adamant in his allegation that cryptocurrencies should be defined as a security for regulatory purposes.image: Bill Clark-Pool (beautiful pictures) The two US regulators cannot agree on who should be responsible for regulating cryptocurrencies, both acting in completely different ways to try and … Read more

What’s a ‘pig slaughter’ crypto rip-off?

image: JUSTIN TALLIS / AFP (beautiful pictures) Cryptocurrencies are rife with scams — we all know this to be true. Everyone has heard horror stories: “pull rug“”pump and pour“Typical Type”investment“The scam to drain your bank account. But there’s a new type of scam going on and it sounds pretty odd: it’s called ‘pig slaughter’ and … Read more

Coinbase blasts SEC over insider buying and selling case

Coinbase signage in New York’s Times Square during the company’s initial public offering on Nasdaq on April 14, 2021. Robert Nickelsberg | beautiful pictures Coinbase pushed back on claims from the Securities and Exchange Commission that it offered unregistered securities, following allegations of fraud against a former employee of the company. A former Coinbase product … Read more

Bitcoin (BTC) Rises Above $23,000

The drop in cryptocurrency prices and the onset of a new so-called “crypto winter” has led many companies in the industry to face a liquidity crisis. Artur Widak | Nurphoto | beautiful pictures Bitcoin broke the $23,000 threshold for the first time in over a month, as hopes of a rate hike being less intense … Read more

Former workers say issues plagued crypto firm C for years earlier than going bankrupt

The Celsius problems appear to have been simmering for years before the crypto lender filed for bankruptcy. The crypto company has seen a series of internal blunders that led to recent turmoil, according to former employees and internal documents reviewed by CNBC. Many employees painted a picture of risk-taking, disorganization and alleged market manipulation. “The … Read more

How the drop in levels Celsius has dragged down crypto buyers

The fact that C filed for bankruptcy this week hardly surprises anyone. When a platform freezes client assets, it usually ends. But just because the demise of this stranded crypto lender isn’t a shock, doesn’t mean it’s not a really big deal for the industry. In October 2021, CEO Alex Mashinsky said crypto lenders with … Read more

New York decide freezes property of Three Arrows Capital

A federal judge in a New York bankruptcy court has frozen the remaining assets of crypto hedge fund Three Arrows Capital after the company rapidly declined from popularity. The fund, founded nearly a decade ago, managed $10 billion in assets just a few months ago. Now, the company’s two cofounders are hiding from angry creditors … Read more

GameStop launches NFT market after shedding staff

Picture: GameStop GameStop celebrated its NFT market launch on Monday. Its trove of Ethereum-based signed virtual JPEGs has arrived just days after the meme-stock giant brutally fired more employees and based on my brief tour through its website , it also still a little broken in places. No one can understand GameStop’s well Current business … Read more