There is no question that advances in data technology have led to some major changes in the financial industry. A growing number of banks, insurance companies, investment management firms and other financial institutions are finding creative ways to leverage big data technology. The market size for financial analytics services is currently worth over $25 billion. […]
Rush Street Interactive (NYSE:RSI) is scheduled to deliver fourth-quarter results after the close of US markets on Wednesday, March 2. At least one analyst is optimistic about what the gaming company will tell investors. In a new note to clients, Roth Capital analyst Edward Engel says the iGaming and online sportsbook operator is likely to […]
One of the most dangerous and infamous threats is back again. In January 2021, global officials took down the botnet. Law enforcement sent a destructive update to the Emotet's executables. And it looked like the end of the trojan's story.
But the malware never ceased to surprise.
November 2021, it was reported that TrickBot no longer works alone and delivers Emotet. And ANY.RUN with colleagues
Fireworks set off inside Maryland’s MGM National Harbor Saturday caused a mass exit when patrons feared there was an active shooter inside the building. But police believe the pyrotechnics were conceived as a deliberate diversion so that criminals could steal chips. Prince George County Police were called to the casino at around 11 pm on […]
Due to international sanctions against Russia, the ruble has tumbled in value—so far, in fact, it's now worth less than a Robux. That's really bad news for the ruble, because the Robux is a video game currency that's mostly meaningful only to children.
Roblox, also known as “that game your kids play that looks like Minecraft but isn't,” has been around for over a decade. But with an explosion of at-home players during the pandemic, it's gone from fad to phenomenon, now boasting more than 100 million active players. It's so popular that its virtual currency value, which can in fact be converted back into US dollars, is now worth approximately $.0125, which is more than the Russian Federation's ruble.
At the time of writing, a nickel will snag you not one but five Robux. That rate is taken from the lowest amount of Robux one can buy directly from the developer: $4.99 for 400 Robux (the value of individual Robux diminishes if you buy in bulk or get it from sketchy third-party gold farmers). Since Robux can be earned in-game and redeemed for cash, that figure isn't just blowing smoke. At least a few players and developers earn the equivalent of a full-time income via the managed Roblox game publishing system.
After Russia began its invasion of Ukraine last week, the full front of international sanctions came into effect this weekend, slamming Russia's economic system. As Russian banks have been cut off from international trade, Russia's already-struggling markets are teetering on the brink of collapse. The Russian ruble has lost approximately 30 percent of its value in the last few days relative to the dollar. It traded at $.013 one week ago and is currently going for $.010, or one ruble to the penny.
As Vice noticed, that technically means Robux are more valuable than rubles at the moment. While currency value always has a certain arbitrary nature, and Russian rubles are hardly the only currency to be worth a small fraction of the dollar—one Colombian peso is worth $.00026 USD today, for example—it's a startling illustration of how hard international sanctions are rocking the Russian economy.
Before you decide to convert your savings to Robux, do some investigation. The game's digital marketplace is problematic to say the least, and its developer Roblox Corporation has been accused of effectively creating an online gambling system for children. When “cashing out” Robux to dollars, the company takes a hefty 30 percent “marketplace fee” cut. The many issues with the real-money equivalent Roblox marketplace, and its effect on millions of underage players, was documented by YouTube channel People Make Games in a startling investigation last August.
If you account for that 30 percent cash-out fee, Robux and rubles are effectively worth the same on international markets as of right now. If Russia continues to press its invasion of Ukraine, and the international community continues to punish and isolate it with sanctions, a currency for a kid's video game might soon be a much more sound investment.
Metro police are continuing to investigate the death last week of comedian and actor Donny Davis at Resorts World Las Vegas. Published reports said foul play was suspected in the passing of the Las Vegas showman. Davis, 43, died unexpectedly Tuesday. He was found unresponsive in a chair at a guest room in the casino’s […]
With sanctions against Russia becoming increasingly harsh a call has gone out to the crypto exchanges from one Ukrainian official asking to have Russian assets frozen. Ukraine’s Minister of Digital Transformation, Mykhailo Fedorov, took to Twitter on Sunday to ask that crypto exchanges block all Russian addresses. Not just the addresses tied to Russian politicians […]
A Tempestuous RevivalWritten by: KoznarovMany games have esports-related in-game cosmetics, which are one way of financially supporting your favorite teams. Heroes of the...
Nearly ten years since the first Shadow Warrior, a reboot of the 90s shooter, by Flying Wild Hog we’re finally at its action packed conclusion in Shadow Warrior 3. Shadow Warrior 3 Developer: Flying Wild Hog Price: $50 Platform: PC, PS4, and Xbox One MonsterVine was supplied with a PC code for review Shadow Warriors […]