The Grayscale Bitcoin Trust (GBTC) experienced significant withdrawals, with $359 million leaving the fund on Thursday (Mar 21). Those outflows come on the heels of a week of heavy withdrawals, culminating in a record single-day withdrawal of $642 million on Mar. 18. These recent withdrawals have escalated the total weekly...
The state of Pennsylvania has raked in a record iGaming revenue for the month of February to the tune of $184.9m. The Keystone State did however map year-on-year declines in all the other markets involving staking in sports betting markets. Pennsylvanian iGaming record profit The report from the Pennsylvanian Gaming...
Skydance New Media and Marvel have shown off the story trailer for the new 'Marvel 1943: Rise of Hydra' at the State of Unreal event. The Epic Games event displays the games that have been developed and produced in Unreal Engine 5. This comic book game follows Steve Rodger's Captain...
Bitcoin (BTC) experienced a sudden drop to $8,900 on BitMEX, deviating significantly from its stable $60,000+ valuation on other exchanges. What is a Bitcoin flash crash? On a late Monday, Bitcoin experienced a swift downturn, dropping to a low of $8,900 on the cryptocurrency exchange BitMEX, a stark contrast to...
Another huge player in the video game industry has today (Feb.27) declared significant layoffs will be needed. Sony has announced they will be laying off 900 employees from PlayStation - around 8% of the console maker's global workforce. Major PlayStation development studios affected include Naughty Dog, Insomniac, and Guerrilla Games,...
Supermassive Games, the developer of the Until Dawn and Dark Pictures franchise joins a growing list of studios making staff redundant early in 2024. Employees were updated about the looming lay-offs in accordance with labor laws and the games company is looking to reduce the company staff size by 25%....
Far-right social media network Gab has launched 91 new AI chatbots — with the majority of them perpetuating harmful messages related to Holocaust denial, anti-vaxxing, and the 'great replacement theory.' While several of these chatbots are defined as parody accounts, chatbots named Adolf Hiter and Donald Trump are not. Arya,...
Researchers have developed an AI model that can tell a person's sex through brain scans alone. Working at a level of 90% accuracy, the study arguably settles a long-running controversy over physiological differences. But before you ask, the answer is 'no' — that doesn't mean men are automatically smarter than...
Apple could be set to face a massive fine of around $539 million (€500m) from the European Union over alleged breaches of its competition laws. As reported by the Financial Times, the issue stems from an antitrust complaint filed by Spotify in 2019, relating to Apple's anti-competitive App Store functions...
Starship Technologies, the autonomous robot delivery services provider, has secured a fresh round of funding to power the next phase of its development. Led by Plural and Iconical, the funding round raised $90 million for the San Francisco-based company, taking its total funding to the figure of $230m since its...
Despite US sanctions prohibiting the activity, a report published by tomshardware, claims that individuals in nations bordering China have been purchasing complete pre-built PC systems with GeForce RTX 4090 GPUs, only to remove the graphics cards and resell them in China. For instance, it claims that in an attempt to...
An annual report posted by Amazon has revealed its spending on media content has increased to almost $19 billion. As one of the Big Five US tech giants, it owns several leading platforms, including Amazon Prime, Amazon Music, Twitch, and Audible. As reported by Variety, Amazon ran up a bill...
eBay, one of the world's largest online marketplaces, has agreed to pay $59 million to settle allegations by the U.S. Department of Justice, as per the Wall Street Journal. The federal government accused eBay of selling thousands of pill presses and encapsulating machines, which is a violation of the Controlled...
Microsoft will lay off 1,900 staff across its gaming divisions, impacting employees at Activision Blizzard and Xbox. The cuts, reported by The Verge, amount to around 8% of Microsoft's total gaming workforce of 22,000. In an internal memo on Thursday (Jan.25), Microsoft Gaming CEO Phil Spencer called the layoffs "painful"...
Israeli startup, Bluewhite, has secured $39 million in funding to advance its development of autonomous robots that can be retrofitted to any tractor to operate it autonomously, reports TechCrunch. The robots are to be sold as a Robots-as-a-Service play instead of one-off products, with customers able to take the service...
In much the same way as certain artists and bands throughout history are responsible for inspiring new eras and ushering in change when it comes to games Doom is, well the Mona Lisa. Doom (the 1993 one, not the later remakes) and its cousin Wolfenstein changed gaming. You can’t say...
The iGame Z690D5 Flow, the newest motherboard from Colorful, a Chinese tech company with over two decades of experience, presents a distinctive white and fluid design that distinguishes itself within the competitive mid-tier market. Retailing for just below $400, the motherboard exhibits solid performance across a variety of tests, but...
Japanese gaming review site Famitsu published its annual report with Nintendo on top of hardware and packaged software sales in Japan. The Nintendo Switch is the company’s flagship console. It is now the ripe old age of seven and still hitting the monetary heights. Switch beats Playstation 5 For the...
US chip stocks experienced further losses on Wednesday, following on from the strongest year on the markets since 2009. The tumble of over 2% across the stocks of Advanced Micro Devices, Qualcomm, and Broadcom were the feature hits on the PHLX index, Wall Street's main semiconductor benchmark, with its losses...
Xbox Game Pass is a staple for players who have chosen the Microsoft side of the street when it comes to console gaming, and they gave gamers nearly $9000 worth of games to play in the year 2023. Prices rose for Game Pass in the latter part of last year,...
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