“You know what’s the real fight, the real money fight? It’s me!” — UFC fans pumping themselves up before the next video game comes out. Luckily, you won’t have to wait long. Ultimate Fighting Champion is getting its fifth EA Sports-developed game less than a week before the epic rematch between Islam Makhachev and Charles Oliveira at UFC 294. Fans have…
Ryan Salame, the former co-CEO of FTX Digital Markets, has pleaded guilty to charges related to defrauding the United States Federal Elections Commission and conspiracy to operate an unlicensed money transmitting business According to a Sept. 7 announcement from the U.S. Justice Department, Salame pleaded guilty before a judge in U.S. District Court for the Southern District of New York,…
The United States House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion will be holding a hearing discussing central bank digital currencies (CBDCs) for the first time in months. In a Sept. 7 announcement, Republican lawmakers on the committee said they planned to hold a hearing discussing the implications of releasing a CBDC as well as “private sector…
The $41 million hack of crypto gambling site Stake was carried out by the North Korean Lazarus Group, the Federal Bureau of Investigation (FBI) stated in an announcement on Sept. 7. This group has stolen more than $200 million of crypto in 2023, the announcement stated. [JUST IN] FBI Identifies Lazarus Group Cyber Actors as Responsible for Theft of $41…
Big businesses are able to act as “mini-governments” and impose their own rules on payment infrastructure, Rohit Chopra, chair of the United States Consumer Financial Protection Bureau (CFPB), said at a fintech conference hosted by the Philadelphia Federal Reserve Bank on Sept. 7. As Big Tech continues to innovate, small firms may be squeezed out of the space, he added.…
Web3 basketball game Rumble Kong League has teamed up with apparel brand Stance to launch a collection of in-game NFT HyperSocks, alongside IRL counterparts. The partnership, which includes a collaboration with NBA superstar Paul George, will see the Rumble Kong League universe extend beyond the game and into the real world, with the launch of IRL socks featuring the same…
The Lazarus Group, a North Korean hacker organization, was responsible for swiping $41 million in digital assets from the crypto casino Stake this week, according to a statement released on Thursday by the FBI. The Drake-backed gambling firm, which initially described a batch of associated transactions as “unauthorized transfers,” notified users that a Stake-led investigation was underway Monday shortly after…
Starfield has already surpassed the one million concurrent player mark across all platforms after just one day, Xbox boss Phil Spencer tweeted late Wednesday. Bethesda announced Starfield in 2018 during its E3 presentation and released the Xbox and PC game to much fanfare five years later on September 6. The sci-fi action role-playing game is Bethesda Game Studios’ first new…
Chinese technology corporation Tencent unveiled its “Hunyuan” artificial intelligence (AI) system, a multimodal large language model (LLM) similar to OpenAI’s ChatGPT, at the Global Digital Ecosystem Summit in Shenzhen on Aug. 7. Say hi to Hunyuan! Our large foundation model, unveiled at the Global Digital Ecosystem Summit. The platform is now available to enterprises in China, supporting a heap of…
Running it back this season appears challenging for Dapper Labs’ officially licensed NFL All Day NFT collectibles platform, as sales struggle to gain pre-season momentum compared to the year before. The project, which made its rookie debut last fall, took Dapper Labs’ lucrative formula for NBA Top Shot and applied it to the gridiron. Both projects offer tokenized video highlights…
