The next generation of Microsoft’s Xbox console is potentially five years away—but new versions of the current Xbox Series X and S consoles will apparently be released in 2024. That’s according to documents revealed in the FTC’s case against Microsoft over its planned acquisition of game publisher Activision. The documents were apparently not intended for release without redactions, but ultimately…
Month: September 2023
Interest rate hikes may pause very soon — Here’s why
On this week’s episode of The Market Report, analyst Marcel Pechman discusses Bitcoin’s (BTC) strength ahead of the United States Federal Reserve’s Federal Open Market Committee (FOMC) meeting, with investors betting on an interest rate freeze. Pechman expresses skepticism about the claim that recent inflation data indicated the Federal Reserve’s 2% target was within reach, citing the time lag for interest…
Chat With Your Emails and Documents: Google Integrates Bard Into Its Product Suite
You can now let Google Bard read your email and browse your documents, giving it the ability to provide more personalized answers and insights. Google announced a major expansion of its AI chatbot tool, giving it the ability to access users’ personal information from Google Workspace apps like Gmail, Docs and Drive. While promising greater convenience and requiring users to…
What is Base, Coinbase’s Layer-2 Chain?
On August 9, 2023, Coinbase, a leading crypto wallet and exchange, announced the release of “Base,” which it describes as “a ‘bridge’ for users into the cryptoeconomy.” Base is a Ethereum Layer-2 chain, meaning that it’s a proprietary blockchain built upon the underlying Ethereum blockchain. Its goal? To house Coinbase’s existing on-chain products and an open ecosystem for millions of…
Sam Bankman-Fried’s father dragged his mother into an FTX US salary dispute
Joseph Bankman, the father of former FTX CEO Sam Bankman-Fried (SBF), complained to his son about the salary he was receiving during his employment at FTX US, turning the issue into a family matter. In a Sept. 18 filing in United States Bankruptcy Court for the District of Delaware, FTX debtors filed a complaint against Bankman and Barbara Fried, alleging…
Nintendo Switch 2: Everything You Need to Know
The Switch is Nintendo’s best-selling home console of all time, and widely beloved for its rich library of games—a dramatic turn from the middling Wii U before it. But it’s been over six years since the Switch launched, and fans are getting antsy for Nintendo’s next big thing. Luckily, it may not be far off. Rumors and reports point to…
CZ post on X about Ceffu and Binance.US contradicts SEC claims, adds to confusion
After a judge declined to give the United States Securities and Exchange Commission (SEC) unfettered access to Binance.US software at a hearing on Sept. 18, Binance CEO Changpeng Zhao (CZ) took to X (formerly Twitter) to make a statement about one point of contention with the SEC. “For the record. Binance US does not use, and have NEVER used Ceffu…
Announcing Super-Volume Rebate Tiers for Kraken Futures « Kraken Blog
We’re always looking for ways to improve your trading experience. That’s why we’re excited to announce a new trial that offers maker rebates to high-volume futures traders. Traders with 30-day volumes of $250M+ on select futures contracts will automatically earn maker rebates up to 0.01%. Kraken Futures Super-Volume Rebate Tiers details BTC Perpetual Contracts (Single and Multi-collateral) $250M+ volume =…
Max Zim talks Memecoins and SocialFi – This Time Will Be Different
Max and Reza dive into conversations about the current memecoin meta, the rising popularity of SocialFi and social tokens, and discuss lessons learned from big wins and big losses. Source: https://decrypt.co/videos/interviews/RnMigbJP/max-zim-talks-memecoins-and-socialfi-this-time-will-be-different
Bitcoin futures open interest jumps by $1B: Manipulation or hedge?
Bitcoin spiking above $27,200 amid a big jump in open interest has some analysts asking whether BTC’s price is being manipulated. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-futures-open-interest-1b-manipulation-hedge