Wake

Web3 Startup Community Gaming Announces Layoffs Due to Decline in Esports Industry.

Web3 Startup Community Gaming, a company that specializes in creating blockchain-based gaming platforms, has announced that it will be laying off a significant portion of its workforce due to a decline in the esports industry. The layoffs come as a result of the COVID-19 pandemic, which has caused a significant decrease in the number of esports events and tournaments being held around the world.Community Gaming was founded in 2018 with the goal of creating a decentralized platform for esports tournaments and competitions. The company's platform uses blockchain technology to provide

US Officials Discuss the Possibility of Increasing Deposit Insurance Coverage

In the wake of the 2008 financial crisis, US officials are discussing the possibility of increasing deposit insurance coverage. Deposit insurance is a type of insurance that protects depositors in case their bank fails. Currently, the Federal Deposit Insurance Corporation (FDIC) provides deposit insurance coverage up to $250,000 per depositor, per insured bank.The idea of increasing deposit insurance coverage has gained traction in recent years, as many people are still wary of the banking system after the financial crisis. The FDIC has been advocating for an increase in deposit insurance

US Officials Contemplate Extending Deposit Insurance Coverage to More Individuals and Institutions

In the wake of the 2008 financial crisis, US officials have been contemplating extending deposit insurance coverage to more individuals and institutions. Deposit insurance is a government-backed program that protects depositors in case their bank fails. The Federal Deposit Insurance Corporation (FDIC) is the agency responsible for administering this program.Currently, the FDIC insures deposits up to $250,000 per depositor per insured bank. This coverage applies to all types of deposit accounts, including checking, savings, money market, and certificate of deposit (CD) accounts. The FDIC does not insure investments such as

Nintendo and PlatinumGames Discuss Plans for Bayonetta’s Future Following Origins

Collection Nintendo and PlatinumGames have recently announced plans to collaborate on the future of Bayonetta, the popular hack-and-slash action game series. This announcement comes in the wake of the release of the Bayonetta & Vanquish 10th Anniversary Bundle, which includes remastered versions of both games. The Bayonetta series has been a fan-favorite since its debut in 2009. The series follows the titular character, Bayonetta, a witch with magical powers who fights against angels and demons in a variety of settings. The series has been praised for its fast-paced action, stylish

$18 Billion in SaaS M&A Deals for Qualtrics, Cvent, and Momentive During the Banking Crisis

The banking crisis of 2008-2009 had a profound impact on the global economy, and the software-as-a-service (SaaS) industry was no exception. In the wake of the crisis, many companies were forced to make difficult decisions in order to stay afloat. However, three SaaS companies—Qualtrics, Cvent, and Momentive—managed to emerge from the crisis with a combined total of $18 billion in mergers and acquisitions (M&A) deals.Qualtrics was founded in 2002 and specializes in customer experience management software. In 2018, Qualtrics was acquired by SAP for $8 billion. This was the largest

Analysis of $18 Billion in SaaS M&A Deals Involving Qualtrics, Cvent, and Momentive During the Banking Crisis

of 2008The banking crisis of 2008 had a profound impact on the global economy, and the software-as-a-service (SaaS) industry was no exception. In the wake of the crisis, SaaS companies such as Qualtrics, Cvent, and Momentive saw a surge in mergers and acquisitions (M&A) activity. In total, these three companies were involved in more than $18 billion worth of M&A deals during the banking crisis. Qualtrics was one of the most active SaaS companies during the banking crisis. The company was acquired by SAP in 2018 for a whopping $8

Silvergate Shutdown and SVB Bank Run: What Web3 Startups Can Learn from Banking Mishaps

The recent banking mishaps involving Silvergate and SVB Bank have been a wake-up call for Web3 startups. These events have highlighted the importance of understanding the banking landscape and the risks associated with it. Silvergate, a crypto-friendly bank, recently announced that it was shutting down its services to Web3 startups. This was due to increased scrutiny from regulators and the bank's inability to meet the requirements of the new regulations. This has caused a lot of disruption for Web3 startups, as they have had to find alternative banking solutions. The

US Dollar Strengthens Against Mexican Peso Despite Risk Aversion Following Mixed US Non-Farm Payrolls

The US dollar has strengthened against the Mexican peso despite risk aversion in the wake of mixed US non-farm payrolls. The US dollar index, which measures the greenback’s performance against a basket of six major currencies, rose 0.3 percent to 97.32 on Friday, its highest level since April. The US dollar has been on a steady climb since the beginning of the year, gaining more than 2.5 percent against the Mexican peso.The rise in the US dollar is attributed to the mixed US non-farm payrolls report released on Friday. The

BEC Fraud Losses Surpass $3 Billion as Cybercriminals Target Pig Butchering and Investment Scams

The world of cybercrime is a constantly evolving landscape, and one of the most recent trends is the rise of Business Email Compromise (BEC) fraud. BEC fraud is a type of scam in which criminals use email or other electronic communication to impersonate a legitimate business or individual in order to gain access to sensitive information or financial resources. In recent years, BEC fraud has become increasingly sophisticated and successful, resulting in losses of more than $3 billion in 2019 alone.One of the most common types of BEC fraud is

Silicon Valley Bank Plunges 70% as Venture Capital Firms Urge Startups to Withdraw Funds

Silicon Valley Bank (SVB) has recently experienced a dramatic drop in its stock price, plunging 70% in the wake of venture capital firms urging startups to withdraw their funds. This news has sent shockwaves throughout the tech industry, as SVB has long been a major player in the venture capital world.SVB has been a major source of venture capital for startups since its founding in 1983. The bank has provided financing to some of the most successful startups in the world, including Uber, Airbnb, and Dropbox. However, in recent months,

Development of Game from Logan Paul’s Abandoned Crypto Zoo Project in 30 Days

In late 2020, YouTube star Logan Paul announced his ambitious project to create a crypto zoo. The project was designed to be a virtual world where users could buy, sell, and trade digital animals using cryptocurrency. Unfortunately, the project was abandoned after only 30 days. Despite the short-lived nature of the project, it has inspired a new development in the world of gaming. In the wake of Logan Paul's abandoned crypto zoo project, developers have begun to create a game based on the concept. The game is set in a

Securing Warehouses & Distribution Centres: Tips & Checklist

Warehouses and distribution centres are essential components of the supply chain, and it is important to ensure that they are secure. This is especially true in the wake of the COVID-19 pandemic, as many warehouses and distribution centres have seen an increase in security threats. To help protect these facilities, here are some tips and a checklist to help secure warehouses and distribution centres.1. Install Security Cameras: Security cameras are an essential part of any warehouse or distribution centre security system. They can help deter theft and vandalism, as well