NetEase Declines Activision Blizzard’s Offer to Extend Partnership

Chinese games publisher NetEase said on Wednesday it has rejected a proposal from Activision Blizzard to extend their long-time partnership for six months, as the US game developer looks for a new partner. NetEase said the proposal was “commercially illogical” and accused the US firm of “seeking a divorce but still remaining attached,” in a … Read more

Ripple CEO Confident Over SEC Case Resolution in Less Than 6 Months

The long, drawn-out battle between fintech firm Ripple and the U.S. Securities and Exchange Commission could be coming to a conclusion, according to the company CEO. Speaking to CNBC at the World Economic Forum in Davos, Switzerland, on Jan. 18, Garlinghouse said that the judges are unlikely to rush a resolution, adding: “We’re optimistic that … Read more

Talos partners Formidium to enhance digital assets administration

Talos will collaborate with leading fund administrator, Formidium to integrate the latter’s digital asset accounting platform, according to a press release on Jan. 18. Talos, a provider of institutional-grade digital assets trading infrastructure, has announced integrating Formidium’s back-office platform called ‘Seamless Digital’ into its institutional digital asset investors protocol. The integration will facilitate access to … Read more

Yuga Labs affected by Mailchimp data breach

Mailchimp security team uncovered unauthorized personnel accessing a customer-facing tool used to offer customer support and account administration. In a tweet, Yuga Labs informed its audience that the company was among the many whose data was compromised and urged its audience to stay vigilant. Mailchimp, a popular mailing service platform, encountered a vulnerability breach discovered … Read more

Bitcoin Exchange Balance hits 4-year low: How will this impact BTC?

Glassnode chart revealed that Bitcoin was experiencing a low exchange balance. The current downtrend might be indicative of a bull trend rather than a bear trend. After the FTX meltdown, Bitcoin [BTC] began a rally that saw its value increase by over 25% and make up for the losses. The rest of the cryptocurrency market … Read more

Bitcoin long-term active supplies reach ATH as bullish signs emerge

After the one-year-long bear market, the crypto industry has finally gained an upward trend as 2023 started. The top data providers and analysts are optimistic about bitcoin (BTC)’s price as the on-chain indicators show bullish movements. According to the on-chain data provider Glassnode, the percentage of BTC supply last active before five or more years … Read more

Bitcoin Suisse explains why Swiss is a crypto pivot point: Davos 2023

Switzerland is a “pivot point” for crypto adoption in Europe and continues to be the “center point of the next stage of institutionalization,” said Dr. Dirk Klee, CEO of Bitcoin Suisse. The CEO divulged why Switzerland is still the top spot for crypto in Europe and will continue to attract institutional investors in an exclusive … Read more

Between stability and volatility. How do stablecoins work during bull market?

Offering the dependability of fiat money and the convenience of blockchain-based networks, stablecoins are fast becoming a new staple in the world of finance. The emergence of stablecoins has revolutionized the cryptocurrency realm and provided investors and users with novel means of investment and transaction. As the next bull market approaches, it may be worthwhile … Read more

Amazon to Cut Jobs in US, Canada, Costa Rica as Part of Mass Layoffs

Amazon will cut some jobs in the United States, Canada, and Costa Rica by the end of Wednesday as part of its plan to lay off 18,000 employees, the e-commerce giant said in a memo to staff seen by Reuters. The layoffs are the latest in the U.S. technology sector, with companies cutting their bloated … Read more

James Cameron Says You Don’t Have to See Avatar: The Way of Water in Theaters…But You Should

“You’re making a deal between yourself and a piece of art to give it your full attention. And you don’t when you’re at home,” James Cameron said. 20th Century Studios James Cameron says audiences don’t necessarily have to see Avatar: The Way of Water in theaters—a decent home setup will suffice—but the director highly recommends … Read more

TRON investors looking for profits should target this Fib level

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion TRX could trade sideways in the next few days. Development activity dropped slightly. The recent TRON [TRX] rally offered investors over 30% gains. However, the peak ushered in a price consolidation that could extend … Read more

K-pop star Jin of BTS completes basic training for military service in South Korea | CNN

Seoul, South Korea CNN — The oldest member of the K-pop supergroup BTS has completed five weeks of basic training as part of his mandatory military service in South Korea. On Wednesday, Jin posted on the fan community app Weverse for the first time since enlisting last month, sharing three photos of himself in a … Read more

Netflix Unveils 2023 Movie Slate with 49 Titles: The Full List

Netflix is bringing at least 49 new movies to its 2023 slate, which includes Zack Snyder’s Rebel Moon, Millie Bobby Brown-led Damsel, Murder Mystery 2, Extraction 2, and David Fincher’s latest project after the Oscar-nominated Lack, The Killer. Among that list, there are only two Indian originals for now, starting with the sports biopic Chakda … Read more

Apple Said to Be Working on an iPad-Like Smart Display, New TV Box

Apple is working on a slate of devices aimed at challenging Amazon and Google in the smart-home market, including new displays and a faster TV set-top box, after relaunching its larger HomePod speaker. The push into smart displays will start with a tablet product — essentially a low-end iPad — that can control things like … Read more

FTX Claims Hackers Stole $415 Million From The Collapsed Crypto Exchange

FTX disintegrated in November last year which then led to a cascade of events that exacerbated the already struggling crypto market. The failed exchange is again hogging the headlines as FTX reports more than $415 million worth of crypto was hacked. According to recent reports, the exchange recovered more than $5 billion worth of liquid … Read more

China’s recovery may mean the Fed will have to hike rates longer

SHANGHAI, CHINA – Tourists pose for a photo at the Shanghai Disney Resort as the resort kicked off a month of festivities from January 13 to February 10 to celebrate the upcoming Chinese New Year. China News Service | China News Service | Getty Images As the end of China’s stringent Covid restrictions quickens the … Read more

CoinDesk could be up for grabs as parent company DCG scrambles for funds

Crypto media outlet CoinDesk is reportedly considering a potential sale as its parent company Digital Currency Group (DCG) looks to strengthen its balance sheet. According to the Wall Street Journal, CoinDesk has sought the help of investment bankers from financial advisory firm Lazard, who are helping the firm weigh options including a full or partial … Read more

ETH NFT Activity Up Only for 5 Weeks in a Row: Data

While non-fungible tokens (NFTs) took a nosedive in popularity last year due to dwindling investor sentiments, the asset class has been gaining renewed user interest since the start of the year. The NFT market has seen strong activity over the past few weeks as the broader crypto market gradually recovers from the 2022 crypto winter. … Read more

Julian Sands: British actor goes missing while hiking in Californian mountains

British actor Julian Sands has gone missing while hiking in Californian mountains. The 65-year-old disappeared on Friday evening – with teams searching for him since the weekend. Avalanche risks and trail conditions meant ground crews were pulled off the mountain on Saturday evening. San Bernardino County Sheriff’s department said in a statement: “We continue to … Read more

Categories Uncategorized

Twitter to Lay Off 50 Workers in Product Division: Report

Twitter plans to lay off 50 workers in the social media site’s product division in the coming weeks, news site Insider reported on Wednesday, citing two people familiar with the company. The layoffs, which come six weeks after top boss Elon Musk reportedly told staff that there would not be further retrenchment, could reduce the … Read more

GMX (GMX) and Chiliz (CHZ) Are Exciting Projects But Snowfall Protocol (SNW) Will Be The Leading Crypto According To Experts | Coinspeaker

Place/Date: – January 19th, 2023 at 5:08 am UTC · 2 min read Source: Snowfall Protocol After a long bear market, the crypto market is finally showing signs of life and investors are taking notice. GMX (GMX) and Chiliz (CHZ) are two projects that have been gaining a lot of attention due to their innovative … Read more

Aussie ‘Big 4’ bank mints stablecoin for carbon trading and remittances

National Australia Bank (NAB) is set to become the second “Big 4” Australian bank to launch an Australian dollar-pegged stablecoin on the Ethereum network. Set to launch sometime in mid-2023, the AUDN stablecoin is aimed at streamlining cross-border remittances and carbon credit trading, according to a Jan. 18 report from the Australian Financial Review (AFR). … Read more

Every American could feel the pain of Washington’s next showdown | CNN Politics

CNN — Every American could get hurt if the new hardline Republican House’s dangerous game of roulette with a still vulnerable economy backfires. The nation reaches a first, critical threshold Thursday in the brewing Washington showdown over the national debt that could define the tenure of the new GOP majority and the final two years … Read more