Jack Dorsey Should Be Replaced as Twitter CEO, Investor Proposes

Billionaire investor, Paul Singer, is pushing for the removal of Jack Dorsey as CEO of Twitter. According to a CNBC article dated Feb. 28, the Elliott Management founder and activist investor is concerned about Dorsey’s time being split between two $5 billion-plus companies, and his desire to move to Africa. Singer questions Dorsey’s focus The $40.2 billion hedge fund managed by Singer took a major stake in the social media giant recently and has already nominated four replacement directors to Twitter’s board according to reports. Dorsey has previously faced criticism…

Four Reasons the Xbox Series X Will Be No Threat to the PlayStation 5

The PlayStation 5 must compete with the new Xbox Series X features. However, the PS5 will have some gimmicks of its own. Sony’s eventual reveal will be a can’t-miss event. The Xbox Series X is shaping up to be a killer platform. This week’s revelation of the Xbox sporting a smart delivery, multi-app suspension means this device will have every quality-of-life feature on the planet. However, even with the current lack of information, the PlayStation 5 (PS5) will surely deliver. Here are a few reasons why. 1. PlayStation has a…

Peter Thiel-Backed Startup Says Texas Is the Best Place to Mine Bitcoin

Alex Liegl, CEO of Layer1 Technologies, a US-based Bitcoin (BTC) mining company that recently announced its intention to repatriate 30% of Bitcoin’s hash power by 2022, has described Texas as offering miners the “cheapest power in the world, at scale.” Less than two weeks ago, Layer1 commenced mining operations at its facility in western Texas, bringing multiple 2.5-megawatt container rigs online. Texas is the largest producer of wind power in the United States, outproducing the second, third, and fourth-largest producers combined. If Texas were an independent nation, it would be…

Chainlink (LINK) Up 40% despite Ongoing Crypto Meltdown; More Gains Coming?

Chainlink’s native token LINK was among the biggest gainers as a majority of assets in the crypto market plunged deeply earlier this week. The eleventh-largest cryptocurrency beat the bearish odds to grow by more than 40 percent since February 26. It established a week-to-day high at $4.38 in early Saturday trading, hinting its inclination to behave as a hedge against Bitcoin, the top asset that plunged by circa 16 percent this week. #Chainlink is receiving tremendous exposure during this $BTC, $ETH retrace. It’s performing with the lights on. There will…

Gaming’s Good Guys CD Projekt Truly Deserve All Their Successes

CD Projekt, the company behind Cyberpunk 2077, has been named the 2nd biggest European games company. They’ve done a great amount for older game preservation, as well as player-friendly company policies. No company currently in gaming deserves success as much as they do. If there’s a game company out there that deserves success, it’s CD Projekt. They run a great, DRM-free, game store. They make some really classic games, and they recently updated their refund policy to make it even better for consumers. In general, they tend to be one…

‘Digileaker’ Claims to Have Stolen KYC Documents for 8,000 Digitex Users

An ex-employee of cryptocurrency derivatives exchange Digitex began leaking stolen Know-Your-Customer (KYC) on Telegram. The stolen data reportedly includes passport and driving license scans and other sensitive documentation pertaining to more than 8,000 Digitex customers.  The Seychelles-based exchange issued Cointelegraph a statement indicating that it is not currently able to comment on the incident and is seeking legal counsel:  “Digitex Futures is aware of a leak of confidential data. We are not able to comment fully on the incident at this time and are currently seeking legal counsel. However, we…

Is a PS5 Reveal Event Happening Next Week?

Teasers from Godfall developer Counterplay Games and Death Stranding developer Kojima Productions suggest that a PS5 reveal event could be happening next week. Counterplay said that fans should expect more Godfall news “really, really soon.” A Twitter post has also hinted that Kojima Productions will be making an announcement next week. PlayStation fans had a lot to be excited about today as two major developers teased big announcements. At PAX East, Counterplay Games said that it would reveal more about PS5 launch title Godfall “really, really soon.” Godfall was announced…

‘You OK Boomer?’ Gold Sees Biggest Loss Since 2013 as Bitcoin Steadies

Bitcoin (BTC) saw a difficult week as it hit one-month lows, but on gold markets, traders were nursing the biggest daily falls in over seven years. According to data tracking XAU/USD on Feb. 29, Friday saw the precious metal’s worst 24-hour drop since 2013. Gold drops 7% in 5 days after coronavirus sell-off Over the past five days, gold broadly succumbed to the sell-offs affecting traditional markets due to the ongoing coronavirus outbreak. Between Feb. 24 and Feb. 29, XAU/USD lost a total of 7.3% before a slight rebound. The…

Bitcoin Falls Below Moving Averages that Made Super-Bullish Golden Cross

Bitcoin recently made a “Golden Cross” where the 50-day moving average closed above the 200-day moving average, a positive development for traders who see it as a very bullish indicator. However, the benchmark cryptocurrency fell sharply right after forming the bullish crossover. The bitcoin-to-dollar exchange rate slipped below both the 50- and 200-DMA earlier this week, going against the perceived upside sentiment that was led by the Golden Cross formation. The pair on Friday established a weekly low at $8,428.80. At its week-to-date high, it was trading at $10,030 on…

See Parents? Video Games are Good for Kids

New data may suggest a link between increased gaming and reduced underage drinking, drug use and sex. The data comes from the CDC via Twitter and Reddit. While the link is tenuous at best, it presents a positive outlook on the effects of gaming. It seems like every generation of video games has some sort of moral panic surrounding it. From Mortal Kombat to Hot Coffee, gaming is never safe from the moral guardians. Well, it might be time for those guardians to relax a bit. Data seem to suggest…