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LAPD Recovers $6.9 Million Worth of Stolen Bitcoin Mining Rigs, Suspects in Custody
22.3.2024
The Los Angeles Police Department (LAPD) has apprehended three individuals following the theft of bitcoin mining equipment valued at $6.9 million. The Commercial Crimes Division’s Cargo Theft Unit announced the retrieval of all stolen items. California Authorities Arrest Trio for Stealing Bitcoin...
Former Activision Boss Bobby Kotick Wants To Buy Tiktok: Report
11.3.2024
TikTok is in an exceptionally tough spot these days. Despite everyone you know using it for hours on end, the video-sharing app is currently facing legislation that would force its ban in the U.S pending a potential sale, and prospective buyers are lining up. Regrettably, one of these buyers...
USC Professor's Crypto Startup 'Sahara' Raises $6M to Reward AI Trainers
5.3.2024
Sahara co-founder Sean Ren, a computer science professor at the University of Southern California, says his tech can help workers and businesses get compensated for their knowledge, data and expertise in the age of AI
Crypto Political Operation Targets California's Katie Porter by Undermining Her Base
28.2.2024
A leading crypto industry political operation, Fairshake, is trying to ensure that the U.S. Senate doesn't get a twin for its chief Washington antagonist Sen. Elizabeth Warren (D-Mass.) by trying to cut the legs from under U.S. Rep. Katie Porter (D-Calif.) in the 11th hour of her state's...
Crypto Political Group Fairshake Targets California Senate Candidate Katie Porter
13.2.2024
The U.S. crypto industry's most prominent campaign-finance organization, Fairshake, is going after Sen. Katie Porter (D-Calif.), spending a part of its war chest to try to derail the progressive lawmaker
Blizzard Dev Uses Company Perk To Get A Decade Of WoW Time Before Being Laid Off
29.1.2024
Last week, Microsoft laid off 1900 video game workers across its various studios. This included cuts at recently acquired Activision Blizzard. And one employee, before being laid off, used a Blizzard company perk to walk away with nearly 10 years of World of Warcraft subscription codes. Read more
Report: Microsoft Cancels Blizzard’s Survival Game Amid Layoffs
26.1.2024
Microsoft slashed nearly 2,000 jobs across its gaming division on January 25, impacting staff at Activision Blizzard, ZeniMax, and Xbox. And now, we’ve learned that an in-development survival game from Blizzard, codenamed “Odyssey,” has been canceled and most of the team working on the game were...
Activision Sure Knows How To Bury A Story On A Friday Night
16.12.2023
Activision Blizzard has been the subject of scrutiny for several years now, due to its widely criticized “Boys’ Club” corporate culture of sleazy shenanigans. And now, late on a Friday evening just before the holiday season begins in earnest, The Wall Street Journal reports the embattled gaming...
Alleged Crypto Investment Scam Worth $80M Sees Four People Charged With Money Laundering in U.S.
14.12.2023
The four allegedly obtained the money through so-called pig-butchering and other fraudulent schemes
US State Regulator Shares Most Common Crypto Complaints
24.11.2023
The California Department of Financial Protection and Innovation has outlined the most frequently reported complaints related to cryptocurrency. Emphasizing “a rising trend in crypto-related complaints,” the regulator advised: “Be careful what you post and make public online....
California, Texas Among States Accusing GS Partners of Misleading Crypto Investors
16.11.2023
Multiple U.S. states have ordered GS Partners to halt operations, accusing the company of defrauding investors in a number of crypto schemes, including tokenized pieces of a Dubai skyscraper and stakes of metaverse property
SBF claims innocence, contradicts other witnesses: Law Decoded
30.10.2023
Sam Bankman-Fried was the final witness to take the stand after more than three weeks of testimonies in court
California Enacts Digital Financial Assets Law
26.10.2023
On October 13, 2023, California enacted the Digital Financial Assets law. This law is California’s first comprehensive framework for regulation of digital asset markets, and some of its provisions may sound familiar to those versed in the state’s money transmitter licensing requirements. Under this...
California bill aims to cap crypto ATM withdrawals at $1,000 per day to combat scams
23.10.2023
A new legislative investigation found some crypto ATMs charging a premium as high as 33%, while a few ATMs had limits of up to $50,000
California's Crypto Regulation: Will It Push Firms Out?
19.10.2023
California has signed the Digital Financial Assets Law, raising concerns within the industry regarding the potential consequences of this legislation.
On Friday, Governor Gavin Newsom signed the bill into law, aiming to regulate California's cryptocurrency industry, which is home to nearly...
Crypto World Cautiously Hopeful as California Acts in Absence of U.S. Feds
18.10.2023
Crypto insiders feel they've been burned before in the cauldron of New York’s BitLicense, but they fell that California’s implementation leaves some room for hope
California Governor Signs "BitLicense" Crypto Licensing Bill Into Law, Effective July 2025
16.10.2023
California Governor Gavin Newsom approved a crypto licensing bill that is set to enforce a structural framework for businesses conducting operations in the crypto industry and is set to take effect in July 2025.
On Friday, October 14, Newsom declared that the bill, titled the Digital Financial...
California 'BitLicense' Bill Signed by Gov. Newsom
16.10.2023
The Digital Financial Assets Law will take effect on July 1, 2025
Every Franchise Xbox Now Owns After Buying Activision
13.10.2023
On October 13, Microsoft completed its nearly two-year-long process of consuming Activision Blizzard King. And while it will take months and years for Xbox and all the parties involved to sort everything out and start bringing past Activision Blizzard games to Game Pass, for now, we can tally...
Microsoft Asks Controversial Activision CEO Bobby Kotick To Stay For Two More Months
13.10.2023
Longtime Activision Blizzard CEO, Bobby Kotick, is almost gone, but not quite yet. Nearly two years after over 1,000 of his employees called on the controversial executive to resign, Microsoft Gaming CEO Phil Spencer confirmed that Kotick will remain the head of the Call of Duty publisher until...