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UK Watchdog Clarifies Rules for Memes and Finfluencers in Social Media Promotions
28.3.2024
The UK’s FCA on Tuesday issued new guidelines for financial services promotions on social media. These apply to formats like memes, reels, and gaming streams, highlighting the need for fairness and avoiding any misleading information.
The post UK Watchdog Clarifies Rules for Memes and Finfluencers...
Uma’s Latest Innovation Ova Promises Fairer Profit Distribution in Defi
25.1.2024
UMA has officially introduced Oval, a novel product designed to optimize the use of oracle data by defi protocols. This tool changes how protocols manage oracle-based MEV, enhancing efficiency and fairness in Ethereum’s blockchain profits. Oval Launch by Uma Aims to Redistribute Profits Back...
‘What Is an NFT’ the Most Searched for Crypto-Related Phrase in the US — Study
13.9.2023
The phrase “What is an NFT?” has been the most searched for crypto-related term with 39,459 average monthly queries, an analysis of nearly 300 questions has shown. With a search rate of 26,283, the queries for the phrase “What is the blockchain” were 1,681% more than...
Exploring Synergy of Provably Fairness & Crypto in Online Gaming
18.8.2023
Provably fair technology and cryptocurrencies have emerged as game-changing elements, revolutionizing how gamblers experience and perceive online gaming in a swiftly evolving landscape. Provably fair technology employs mathematical demonstrations and cryptographic algorithms to ensure the fairness...
Double Standards in Finance: SBF’s Legal Troubles Spark Concerns
29.7.2023
Cryptocurrencies and DeFi have shaken up the world of finance, but the spotlight on Sam Bankman-Fried (SBF), the mysterious FTX founder, has raised serious concerns about how the U.S. government handles financial regulation and fairness. SBF faces some serious accusations like misusing customer...
Biden Pledges to Eliminate Tax Loopholes for Crypto Traders — Vows to Make US Tax System Fair
30.6.2023
U.S. President Joe Biden has promised to make the federal tax system fair by eliminating loopholes for crypto traders and hedge fund managers. He aims to “achieve tax code fairness” by “ensuring that the burden is shared by the wealthy, super-wealthy, and large corporations while...
Bias in AI: What can blockchains do to ensure fairness?
14.4.2023
Experts believe that decentralized systems can help secure the integrity and objectivity of data being fed to AI systems, but there still exist very clear limitations
US Senators Introduce Bipartisan Bill to Exempt Small Crypto Transactions From Taxes
27.7.2022
A new bipartisan bill has been introduced in the Senate that would simplify the use of cryptocurrency for everyday purchases by creating tax exemption for personal crypto transactions under $50 as well as when the capital gains are less than $50. New ‘Virtual Currency Tax Fairness...
Senate Virtual Currency Tax Fairness companion bill drops purchase exclusion to $50
26.7.2022
After being seen in the House a few times, a bipartisan bill is introduced into the Senate with a drastically reduced exclusion for purchases made with cryptocurrency
New South Korean Regulatory Chief Promises More ‘Fairness’ for Crypto Investors
15.6.2022
The South Korean government and financial regulators appear keen to ensure that May’s Terra ecosystem crash – an event they have dubbed the “terra/LUNA incident” – will become a watershed moment for the crypto sector, with a slew of new regulations incoming. The new head of a leading regulatory...
Metaplex And Strata Protocol Partner To Work Towards Fairness
13.6.2022
Metaplex has partnered with Strata Protocol to integrate its Dynamic Pricing Mint tool into the Metaplex Program Library. The partnership between Metaplex and Strata Protocol is a significant step toward improving the community, creators, and collectors. Bots have been a severe issue in the...
US Lawmakers Introduce ‘Virtual Currency Tax Fairness Act’ to Boost Cryptocurrency Use for Payments
6.2.2022
Several U.S. lawmakers have introduced the Virtual Currency Tax Fairness Act to strengthen “the legitimacy of cryptocurrency in our digital economy.” The bill also aims to expand the use of cryptocurrencies for payments. Virtual Currency Tax Fairness Act Introduced in the...
The Winners of Metaverse Alliance 2021 Global Metathon
24.1.2022
PRESS RELEASE. Lasting for two months, the largest Metaverse Hackathon (called Metathon) organized by Metaverse Alliance and LD Capital has officially ended on January 21, 2022, PST. Over 100 contestants took part, with nearly 280 developers from 13 different countries engaged. To ensure...
The Ethereum Premine Debate On Fairness, Regulation, and Centralization
7.11.2021
You may not be aware of this, but back in July 2014, Ethereum (ETH) had a premine in which around ETH 60m (worth around USD 272bn now) tokens were sold for a total of USD 18.3m, while 12m was kept aside for early contributors and the Ethereum Foundation. At ETH 72m, this total accounts for around...
Union Pissed About Meager Activision Blizzard Settlement, Demands Fairness Hearing
12.10.2021
Today, the Communication Workers of America union filed an objection to the U.S. Equal Employment Opportunity Commission’s (EEOC) proposed settlement with Activision Blizzard regarding sexual harassment allegations at the game publisher. The union is, to say the least, unhappy with the settlement...
Epic Wins Big Fortnite Lawsuit Against Apple
10.9.2021
Today a U.S. District Court judge ruled in Epic Games’ favor in its lawsuit against Apple. As a result, Apple can no longer dictate that purchases made in apps on its own devices go through the App Store. Apple had previously collected 30% of the revenue for purchases made in Epic Games’...
PancakeSwap Partners with Chainlink for Provable Fairness
16.7.2021
PancakeSwap is on a roll yet again, and this time the platform has announced an integration of its mainnet with Chainlink VRF (Verifiable Random Function). The integration is important for empowering PancakeSwap Lottery V2 with provable fairness, according to PancakeSwap price prediction reports....
Arizona's Anti-Monopoly Bill Could Help Put Fortnite Back in the iOS App Store
4.3.2021
Arizona legislators just passed an anti-monopoly bill in a 31-29 vote, which could have big implications for Apple, Google, and, weirdly enough, Fortnite.Read more
Focus on DeFi ‘fairness’ benefits Holochain, Orion Protocol and Dodo
26.2.2021
Building real-world solutions that address scalability, data privacy and high Ethereum fees are adding value to Holochain, Orion Protocol and Dodo
Report: Epic Games Is Behind North Dakota App Store Bill
16.2.2021
Epic Games lobbyists drafted legislation that will be heard in North Dakota this week, attempting to bar app stores owned by the likes of Apple and Google from taking a cut of app sales, according to a report over the weekend by The New York Times.Read more