Square Enix confirms layoffs & studio closures as it restructures its Western business
In a financial presentation following rumors, Square Enix stated it would ‘close overseas development studios’ and shift focus back towards Japan.
Category: technology
ARC Raiders beginner guide for new players
ARC Raiders beginner guide for new players
ShackStream: Surviving in the ring of fire that is Battlefield Redsec
Jan and Dusty will attempt to outlast all other squads in Battlefield’s new Battle Royale mode, Redsec.
Marvel 1943: Rise of Hydra delayed ‘beyond early 2026’
Marvel 1943: Rise of Hydra delayed ‘beyond early 2026’
Open AI’s Sam Altman: Building a strategic national reserve of computing power makes a lot of sense
OpenAI has been doing damage control following the CFO’s comments on government investment in AI, and now CEO Sam Altman is chiming in.
Bitcoin.com Partners with Concordium to Bring Age-Verification Service to 75M Wallets
The post Bitcoin.com Partners with Concordium to Bring Age-Verification Service to 75M Wallets appeared on BitcoinEthereumNews.com. Key Notes Concordium’s identity verification tech joins Bitcoin.com Wallet, giving users privacy-preserving age and location checks. Zero-knowledge proofs enable merchants to confirm compliance requirements without accessing unnecessary personal information. The integration addresses growing demand for blockchain verification as crypto adoption reaches 27% of US internet users. Cryptocurrency firm Bitcoin.com will integrate public blockchain platform Concordium’s ‘1-Click Verify & Pay’ service to its Wallet through a partnership announced on Nov. 6. Concordium’s “identity-first blockchain” and native CCD token will become accessible to Bitcoin.com as part of the deal. According to a press release, this will allow more than 75 million Bitcoin.com Wallet users to access pay services requiring private information such as age or location through a single, secure payment. The service uses zero-knowledge proofs (ZKPs) to verify only what’s necessary without exposing users’ personal data. This gives merchants a means to fulfill verification requirements while keeping user identities private. The integration also enables age-verified payments with Protocol-Level Tokens (PLTs), ensuring compliance and privacy at the protocol level. 💡 A milestone for Smart Money@BitcoinCom has partnered with Concordium to bring age-verified payments to 75+ million worldwide. pic.twitter.com/SZGBgDTq3q — Concordium (@ConcordiumNet) November 6, 2025 The Intersection of Privacy and Verification Many vendor offerings, including gaming, entertainment, and premium online events are locked behind a paywall requiring identity verification. Traditional finance methods for verifying whether a user meets compliance requirements for access to a service often require extraneous personal data for the purposes of verifying the legality of the payment itself, such as a user’s full address and phone number or a picture of their photo identification. Services such as Concordium’s ‘1-Click Verify & Pay’ allow users to expose the necessary information via secure blockchain transaction, without the need for extra data to verify the payment itself. As cryptocurrency services continue to permeate…
Aave’s USDT pool hits 92.8% utilization after $115M whale withdrawal
The post Aave’s USDT pool hits 92. 8% utilization after $115M whale withdrawal appeared com. One whale took out $114. 9M from Aave, taking most of the liquidity in its USDT vault. The loan increased the vault utilization to 92. 83%, breaking above the preferred limit of 92%. The whale’s outsized loan broke the balance of vault utilization on Aave, above the maximum threshold of 92%, showing the potential fragility of DeFi lending and threatening to block the funds of lenders. Crypto lending has grown in the past year, becoming one of the main sources of yield. Lending protocols competed on their yield, and the top platforms were usually conservative. Aave remained solvent and had normal loan utilization until now. A single whale went over the threshold with the outsized loan. The whale now holds over $115M in USDT, along with $5M in other assets. For DeFi lending, one of the fears is that user funds are redirected in a non-transparent way to other protocols. With over 69B locked in lending, there are fears that decentralized protocols may have the same effect as the FTX exchange. This time, however, lenders will have no recourse for recovery from a single legal entity. Is Aave in danger of over-utilization? Over-utilization has become a problem for smaller protocols with riskier vaults. Recent data shows smaller protocols have extremely high utilization, with some choosing forced liquidations. The recent aggressive borrowing means the lending pools do not see any repayments. The liquidity providers also cannot withdraw their funds, despite the promised high returns. I n a recent example of over-borrowing, two vaults on Lista DAO were force-liquidated after reaching 99% utilization with no repayments. The vaults used collateral in the form of a risky stablecoin and lent out more liquid assets. Utilization in DeFi refers to the percentage of funds borrowed from a protocol. As of November, there are warnings to check.
Google Project Suncatcher plans to build space-based solar-powered AI infrastructure systems
Suncatcher will aim to put Google’s compute systems in space by 2027 where the hope is that it will harness energy more directly from the sun.