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UK Lawmakers Form Crypto and Digital Assets Group to Ensure Regulation Supports Innovation
11.1.2022
U.K. lawmakers have formed the Crypto and Digital Assets Group to ensure that new rules for the crypto industry support innovation. “We are at a crucial time for the sector as global policymakers are also now reviewing their approach to crypto and how it should be regulated,” said...
Cryptocurrency Worth $435 Million Seized by 12 UK Police Forces in Five Years
8.1.2022
U.K. police have revealed how much cryptocurrency they have seized in the past five years in response to Freedom of Information requests. The London Metropolitan Police seized more bitcoins than other police boroughs. UK Police Reveal Information About Seized Crypto Twelve of the U.K.’s...
Gibraltar Stock Exchange Receives Purchase Proposal by Blockchain Firm
1.1.2022
The stock exchange of Gibraltar, a British territory, has received a purchase offer by a blockchain firm called Valereum. The purchase, that is set to occur in the new year, if effective, might make the Gibraltar Stock Exchange the first bourse where cryptocurrencies and stocks could be traded with...
Former UK Chancellor Lord Hammond Warns About Crypto Investing — Says ‘It’s Gambling Money’
27.12.2021
Former U.K. chancellor of the exchequer Lord Hammond has reportedly warned about investing in cryptocurrencies. He said, “It’s gambling money,” noting that “people should be extremely cautious” and “Many regard them as closer to gaming than serious...
Hades Wins A Hugo Award, Making History As First Video Game To Ever Do So
19.12.2021
Yesterday, Hades made history by becoming the first video game to ever win a Hugo Award, an annual literary award presented to the best science fiction or fantasy works from the previous year.Read more
Henry Cavill Gently Corrects TV Host: It's Warhammer, Not Warcraft
7.12.2021
This is a conversation that I’m sure has played out countless times across kitchens and living rooms around the world as children, friends and partners patiently try and explain the difference between a video game universe and a tabletop wargaming universe. I just don’t know if it’s ever been done...
British Security Think Tank’s Report Warns NFTs Could Bolster Money Laundering Schemes
4.12.2021
The Royal United Services Institute (RUSI), the British defense and security think tank, questions whether or not non-fungible token (NFT) assets can be used for money laundering purposes. The report determines that in order to mitigate the money laundering risks a ‘know your...
‘New Blow’ as Large Crypto Exchanges Are Told to Pay British Tech Tax
29.11.2021
Crypto exchanges operating in the United Kingdom – including the likes of Coinbase – will be forced to pay a recently created tech tax – with the British tax body, HM Revenue and Customs (HMRC), declaring that cryptoassets “are not financial instruments.”
The British Treasury last year announced...
Sotheby’s to Bring Down the Hammer in Ethereum on 2 Iconic Banksy Paintings
11.11.2021
Sotheby’s, the British-founded American luxury auction house, has announced the company will be selling Banksy works for real-time bids in ethereum at “The Now Evening Auction” on November 18. While the upcoming auction will have pieces from highly acclaimed artists such...
Bank of England Governor Warns Crypto Is Providing Means of Payment for Criminals
11.11.2021
Bank of England Governor Andrew Bailey has warned that crypto assets are providing another means of payment for people who want to conduct criminal activity. Bank of England Governor Andrew Bailey Sees Crypto Helping Criminal Activities The governor of the Bank of England, Andrew Bailey, said...
UK Government Survey Shows 45% of Britons Would Ban Cryptocurrencies for Environmental Reasons
10.11.2021
Just before the 26th United Nations (UN) Climate Change Conference (COP-26), the UK government polled 3,071 adults from Britain to ask them their opinions on cryptocurrencies and the crypto industry’s effects on climate change. According to the survey, 45% of Britons would support banning...
Silk Road 2 Admin Forfeits $667,000 in Bitcoin to British Law Enforcement
3.11.2021
According to reports, the founder of the now-defunct Silk Road 2 marketplace has forfeited more than half-billion dollars worth of bitcoin to British authorities. White’s Silk Road 2 admin handle was called “Cthulhu,” and he also dubbed himself as “DPR2.” Silk...
UK Police Seize Bitcoin Worth $2.8 Million From Teen Operating Scam Website
29.10.2021
British police have seized bitcoin worth almost $3 million from a teenager who set up a fake website to scam consumers. “At the time they were worth £200,000. They are now worth a little over £2 million.” UK Police Seize $2.8 Million in Bitcoin British police have arrested...
Paris Hilton Lists a Few Pieces From Her NFT Collection via Sotheby’s Metaverse Marketplace
24.10.2021
Last week the leading luxury auction house Sotheby’s introduced its non-fungible token (NFT) marketplace called “Metaverse.” The Sotheby’s NFT marketplace has featured a number of collectible artworks including cards from the Rare Pepe card collection. Now the socialite...
PC Game Is Gonna Really Lean Into Slavery
22.9.2021
When Paradox announced Victoria III earlier this year, I was very excited, but also a little wary. Simulating the comedic excesses of medieval rulers is one thing, but how was a game coming out in 2022 (?) going to handle depictions of very real and lingering issues like the exploitation of workers...
Detroit Dev Quantic Dreams Wins Lawsuit Without Actually Disproving Misconduct Allegations
21.9.2021
Quantic Dream, creators of “so bad, they’re bad” games like Heavy Rain and Detroit: Become Human, recently brought libel action against two French newspapers which had jointly published allegations of misconduct against individuals at the company back in 2018. Now the court has ruled both for...
To Win The Game You Must Kill Me, Margaret Thatcher
15.9.2021
Margaret Thatcher, Queen of the Gatekeeping Gaslighting Girlbosses, is coming back from Hell, and it’s all up to you to stop her in the new Doom mod, Thatcher’s Techbase. And holy shit its music is good.Read more
Leading Auction House Sotheby’s Auctions 107 Bored Ape Yacht Club NFTs for $24 Million
11.9.2021
The British-founded American multinational corporation headquartered in New York City, Sotheby’s, closed the Yuga Labs “101 Bored Ape Yacht Club” non-fungible token (NFT) collection auction at $24.3 million for the lot. The auction ended on September 10 and surpassed...
Standard Chartered Report Structurally Values Ethereum at ‘$26K to $35K’
7.9.2021
A report published by the British bank Standard Chartered indicates the company’s analysts are bullish about the crypto asset ethereum. The bank’s analysts think that bitcoin could reach $175K and said “structurally, we ‘value’ ethereum at $26,000-$35,000.”...
British tween earns almost $400K on NFT sales without a bank account
2.9.2021
Benyamin Ahmed created and tokenized digital pictures of whale emojis and sold them in the form of NFTs during school vacation