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'Fortnite' Maker Epic Games Reveals Mass Layoffs, Says AI Isn’t to Blame

Epic Games, the developer of Fortnite, has announced significant layoffs affecting approximately 16% of its workforce, which translates to around 830 employees. The company clarified that the decision was not influenced by advancements in artificial intelligence, despite speculation. Epic Games is restructuring to focus on its core strengths and improve financial stability. The layoffs come amid broader challenges in the gaming industry, including reduced consumer spending and increased competition. CEO Tim Sweeney emphasized the need for the company to adapt and evolve in a rapidly changing market.

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Strike CEO Jack Mallers dismisses idea that Wall Street threatens Bitcoin

Strike CEO Jack Mallers has rejected the notion that Wall Street poses a threat to Bitcoin, asserting that institutional involvement could actually bolster the cryptocurrency's legitimacy and adoption. He emphasized that Bitcoin's decentralized nature and its role as a hedge against inflation make it resilient to

Spot Bitcoin ETFs log 6th straight week of net inflows for first time in 9 months

Spot Bitcoin exchange-traded funds (ETFs) have recorded their sixth consecutive week of net inflows, marking the first time this has occurred in nine months. This trend indicates growing investor confidence in Bitcoin as a viable asset. The inflows are attributed to increased institutional interest and a more favorable regulatory environment.

Court lets Arbitrum DAO to transfer $71M in ETH tied to North Korea hack to Aave

A court has authorized the Arbitrum Decentralized Autonomous Organization (DAO) to transfer $71 million in Ethereum (ETH) that is linked to a North Korean hack to the decentralized lending platform Aave. This decision comes after the funds were flagged due to their association with illicit activities. The transfer is part

Judge clears path for Aave to move $71 million in ETH linked to North Korea hack

A judge has authorized Aave to transfer $71 million in Ethereum (ETH) that is associated with a hack linked to North Korea. The funds were previously frozen due to concerns over their connection to illicit activities. Aave's request for the release of the funds was granted after the

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Strike CEO Jack Mallers dismisses idea that Wall Street threatens Bitcoin

Spot Bitcoin ETFs log 6th straight week of net inflows for first time in 9 months

Court lets Arbitrum DAO to transfer $71M in ETH tied to North Korea hack to Aave

Judge clears path for Aave to move $71 million in ETH linked to North Korea hack