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Pro-Bitcoin Senator to Introduce Comprehensive Crypto Bill in US


The pro-bitcoin U.S. Senator Cynthia Lummis has reportedly unveiled her plan to introduce a comprehensive crypto bill that will cover everything from how cryptocurrencies are taxed and categorized to consumer protections. The bill will also propose creating a new entity to oversee the digital asset...

Right-Wing Group Wants Bobby Kotick Removed From Coca-Cola's Board


The National Legal and Policy Center, a right-wing organisation that “promotes ethics in public life”, has written to Coca-Cola Chairman and CEO James Quincey asking that he “immediately seek the resignation” of besieged Activision Blizzard CEO Bobby Kotick from the company’s board of directors,...

Bobby Kotick Has Always Been A Siimy Douchebag


Bobby Kotick is a weasel of the highest order. And while he may finally be facing a reckoning for some of his actions as CEO of Activision Blizzard, it’s been a long time coming.Read more

Gary Gensler Explains Why SEC Approves a Bitcoin Futures ETF


SEC Chairman Gary Gensler has shared why the U.S. Securities and Exchange Commission (SEC) decided to approve a bitcoin futures exchange-traded fund (ETF) to trade on the NYSE. Meanwhile, the Commission has not approved a spot bitcoin ETF. Why SEC Approves Bitcoin Futures ETF As the first...

SEC Denies Freedom of Information Act Request Concerning Tether Documents


On September 24, the staff writer for The New Republic, Jacob Silverman, tweeted about a Freedom of Information Act (FOIA) request he filed that was ultimately denied. On the social media platform, Silverman wrote that he got Securities and Exchange Commission (SEC) responses to his FOIA requests...

Twitch And Music Industry Strike A Deal, But It's Not Great


Last year a music industry crackdown on streaming site Twitch resulted in copyright strikes and a mass deletion of videos, as the National Music Publishers’ Association (NMPA) sought to cut down on streamers playing licensed music. Twitch has now made a deal with the NMPA, but for streamers it’s...

Crypto Trading, Mining Are Illegal and Punishable, Nepal Central Bank Warns


Mining and trading of cryptocurrencies are illegal in Nepal, the country’s central bank has reminded citizens of the Himalayan nation. The regulator also warned that participating in such activities would entail penalties as per the current legislation. Despite its position, however,...

Riot Is Still Delaying Harassment Investigation, California Alleges


In addition to Activision Blizzard, California’s Department of Fair Employment and Housing has also been looking at Riot Games’ history of “unlawful workplace practices”, saying in a statement today that the League of Legends developer has once again delayed their investigations into harassment...

Bitmex Agrees to Pay $100 Million to Resolve Charges With FinCEN and CFTC


Global cryptocurrency derivatives exchange Bitmex has settled charges with the U.S. Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network (FinCEN). The exchange has agreed to pay as much as $100 million to end investigations by the two agencies. Bitmex Settles...

Activistion Blizzard Faces Second Lawsuit Over First Lawsuit


A class action lawsuit filed today in the U.S. District Court of Central California on behalf of investors alleges that Activision Blizzard’s intentional failure to disclose its ongoing problems with sexual harassment and discrimination artificially inflated the company’s stock value. In layman’s...

Take-Two Is Removing Old GTA Mods Using DMCA Notices


Rockstar Games’ parent company, Take-Two Interactive, has spent the past week or so using DMCA takedown requests to remove old Grand Theft Auto mods. The publisher hasn’t explained why it has started this sudden removal of old mods.Read more

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