consolidation

Paribus. Trust Less.

One month ago, Jerome Powell, head of the Federal Reserve in the US, announced that the banking system was sound and robust despite the collapse of several large banks. After raising rates a further 0.25%, he said, “We’re committed to learning the lessons from this episode and to work to prevent events like this from happening again.” As we prepare for another potential 0.25% rate hike on May 3rd, another major bank in the US, First Republic Bank, has collapsed. Its collapse is part of a larger trend of consolidation

PreIPO® Chosen to raise $250M for SPiCE Fund II, shortly after SPiCE Fund I named leading VC fund of 2022 in Blockchain Ecosystem.

PreIPO®, a leading provider of innovative financial technology solutions, is pleased to announce a new partnership with SPiCE VC. This partnership will enable PreIPO® to further expand its offerings and bring cutting-edge financial technology to a broader market. SPiCE Fund I has yielded a market leading 50.7% IRR and we are pleased to announce the offering of SPiCE Fund II. SPiCE VC has been deemed the best Venture Capital Fund of 2022 in the blockchain and tokenization ecosystem. Through this partnership, SPiCE Fund II will be featured on the PreIPO®

Is the Future Digital?

These days you can’t scroll through YouTube without encountering videos foretelling the end of crypto and the collapse of the global financial system. The clickbait culture that invaded traditional journalism has now spread to citizen journalism too, but how realistic are all of these dramatic claims? Fear, uncertainty, and doubt (FUD) pervade the mainstream media. So much so that even people with little knowledge of the technology claim it’s all going to zero. If you’re looking for bottom signals this is the equivalent of everyone FOMOing in at the top.

The Four Quadrants of MEV Protection

Understanding the MEV Solution Landscape Like many other crypto narratives, the dark side of blockchain was first introduced on Reddit in a post titled “Miners Frontrunning.” In the now historical post, the author outlines how given the Ethereum mempool is inherently public, miners can frontrun transactions and profit on the ultimately arbitraged difference in that transaction. However, this isn’t an entirely new phenomenon in finance. The 2014 book, Flash Boys: A Wall Street Revolt by Michael Lewis investigates frontrunning orders in high-frequency trading. The paper Flash Boys 2.0, published in 2019, takes these observations into

device’s first six months in NIP

…with the Major in Stockholm coming up, bringing that home to Sweden is my number one goal. Lofty ambitions no doubt, but for a player who has been there and done that so many times, it's merely business as usual. device made no secret of his desires, and maybe even his expectations, when he joined NIP six months ago. It was a blockbuster move, one that came out of left field and shocked the world of Counter-Strike. It almost felt like ambitious goals were required, otherwise the transfer didn't really

Astralis at the Stockholm Major: Last hurrah, or new dynasty?

Astralis are the most successful organisation in the history of Counter-Strike. That is undeniable; the litany of tournament wins, the months upon months spent at the very top of the world rankings, the Majors to their name. Four Majors to be precise, the last three they have won on the bounce. At this point, with two years having passed since the last, it is almost difficult to remember anyone but Astralis winning a major; indeed, many newer fans of the game watching now will have never experienced anyone other than

TYLOO qualify for IEM Winter

TYLOO won the IEM Winter Asia Qualifier with a grand final victory over NKT to secure a spot at the ESL event that will take place on December 2-12. IEM Winter could be the first time the Chinese team travel to Europe to play an event since ESL Pro League Season 11 in April 2020, when they still had Seon-Ho "⁠xeta⁠" Son and WingHei "⁠Freeman⁠" Cheung on the squad, unless they can qualify for the Major in November through the upcoming IEM Fall, where they and ViCi will fight for

NIP qualify for BLAST Premier Fall Final with 2-1 win over G2

With a 2-1 victory over G2, NIP secured their spot at the LAN finals in Copenhagen's Royal Arena, taking place November 24-28. G2 on the other hand continued their shaky form since the player break but will have another chance to qualify directly to the Fall Final when they play the winner of MIBR vs. BIG in the consolidation final on Tuesday. The first map of the series was NIP's standard pick of Ancient, and it did not go as planned for the Swedes. They started on the T side,

Sony Pictures CEO Says to Expect More Gaming Acquisitions

Sony has been on a tear the last year, acquiring game studios for its first-party stable. And it seems that this isn’t the end, either, as the head of Sony Pictures has said that they expect the company will be making even more acquisitions going forward. I’m sure there are more worlds for Sony to conquer, and I’d be curious to see what the next company they acquire could be — and if it’s anyone other than Bluepoint, I’ll be very surprised. The remarks came from Sony Pictures CEO Tony

IEM Fall qualifiers come to an end in Oceania, Asia

The qualifying process for IEM Fall in Oceania and Asia came to an end, with LookingForOrg and VERTEX securing their spots in the Oceania division while NKT and Checkmate earned their berths in the Asian tournament. LookingForOrg were the first team to make it through the gauntlet in Oceania, defeating the third-placed 8Ballers in their opening series before taking out VERTEX in the upper bracket finals without dropping a map. Tom "⁠apocdud⁠" Henry and company then took a spot at the main event through the lower bracket, taking out the