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Fears

Coinbase cuts roughly 1,100 jobs amid fears of a ‘crypto winter’

Coinbase is still struggling with a worsening cryptocurrency market. The exchange has announced that it's laying off 18 percent of its workforce, or about 1,100 jobs, to help weather difficult economic conditions. There's a "crypto winter," according to company chief Brian Armstrong, and the move is purportedly necessary to keep costs down during this dark period. Armstrong also saw this as a response to excessive optimism about crypto's future. Coinbase felt it had to grow rapidly in 2021 to compete across numerous…

Global markets fall, roiled by U.S. inflation, rate adjustment fears

Global markets tanked on Monday with the dollar touching its peak in two decades as high U.S. inflation data stoked concerns that central banks will further raise rates. At 5.20 am ET, U.S. Dow Jones futures fell 1.9 per cent, while S&P 500 futures slipped by about 2.3 per cent. Nasdaq futures slid 2.9 per cent. The U.S. consumer price index quickened by 8.6 per cent last month, strengthening the possibility that the Federal Reserve could take an aggressive approach to tame price…

Fintechs delay IPO plans, focus on profitability amid recession fears

Investment in fintech is slowing as worries around rising inflation and the prospect of higher interest rates have dented economic sentiment.Elena Noviello | Moment | Getty ImagesAMSTERDAM — Financial technology companies are putting IPO plans on hold and cutting expenses as fears of an impending recession cause a shift in how investors view the market.At the Money 20/20 conference in Amsterdam, bosses of major fintech players sounded the alarm about the impact of a deteriorating macroeconomic climate on fundraising and…

Layers of Fears captures the whole series in one new horror trip

“Insanity runs in our family” After Blair Witch and The Medium, Bloober Team is returning to the world of Layers of Fear with a “psychedelic” horror game, Layers of Fears, that’s being developed in Unreal Engine 5 alongside Anshar Studios. A trailer debuted at Summer Game Fest 2022 with familiar characters and scenes from the wider series, albeit looking better than ever. https://www.youtube.com/watch?v=AwEXJ3T1EJM It really feels like history is repeating itself, both in terms of the tortured artist storyline and the…

Bloober Team’s next game is Layers of Fears, not Silent Hill

Bloober Team, best known for its psychological horror games, has announced Layers of Fears, which will launch in 2023. The developer revealed the game during Summer Game Fest 2022 with a horrifying new trailer accompanying the announcement. You can watch the trailer below: Layers of Fears is the third installment in the series, serving as a follow-up to 2019’s Layers of Fear 2. It will feature the same first-person gameplay from previous installments, with a focus on narrative instead of combat and action. Bloober…

‘Layers Of Fears’ premiere trailer reveals a haunting psychedelic horror

A trailer has been released for the next instalment of the Layers of Fear series, Layers of Fears. The third game in the series will be released in early 2023. Layers of Fears will be developed by Bloober Team, the Polish outfit that created the series. The Layers of Fear series began in 2016 and was followed up with Layers of Fear 2 in 2019. Bloober Team CEO Piotr Babieno stated in a news release that the original intention was to remake these two games, however, this project eventually became Layers of Fears: “Our…

‘Layers of Fears’ from Bloober Team hits PC and consoles in 2023

Bloober Team is returning to its roots with Layers of Fears, a "psychological horror chronicle" heading to PlayStation 5, Xbox Series X and S, and PC in early 2023. The game is a new story chapter in the Layers of Fear universe, building on the spooky psychedelic foundation laid out in the previous installments. "We are bringing back a franchise that is really special for us, in a new form that will give players a truly fresh gaming experience and that will shed new light on the overall story," Bloober Team CEO Piotr…

A look at the presentiment that social media is bad for society, as some researchers find the fears are overstated and others warn about…

Gideon Lewis-Kraus / New Yorker: A look at the presentiment that social media is bad for society, as some researchers find the fears are overstated and others warn about effects on individuals — There's a general sense that it's bad for society—which may be right. But studies offer surprisingly few easy answers. Gideon Lewis-Kraus / New Yorker: A look at the presentiment that social media is bad for society, as some researchers find the fears are overstated and others warn about…

Power Plays for Women in Tech: Fears Will Be There Until You Tap Into Them and Decide to Change Them

The HackerNoon editorial team has launched this interview series with women in tech to celebrate their achievements and share their struggles. We need more women in technology, and by sharing stories, we can encourage many girls to follow their dreams. Share your story today!Alexa SinyachovaChief Executive Officer and Co-Founder at MoecoPhoto by Miguel Bruna on UnsplashThe HackerNoon editorial team has launched this interview series with women in tech to celebrate their achievements and share their struggles.We need…

Canada Bans Huawei and ZTE Over Cybersecurity Fears

Canada is banning Huawei over cybersecurity concerns. This comes after a report stated that the Canadian government “delayed the decision” to avoid “stoking tensions” with China.In addition to Huawei, Canada is also banning Chinese manufacturer ZTE over similar concernsFollowing the Bloomberg report (via Android Central), Canada’s Minister of Public Safety Marco Mendicino, and the Minister of Innovation, Science and Industry, François-Philippe Champagne, held a joint press conference explaining the decision. The…