Search
California Looks to Cap Crypto ATM Withdrawals to $1,000 Daily to Reduce Scams
24.10.2023
California is taking decisive action to combat what it perceives as a growing threat of crypto scams.
According to a new bill submitted to the State Legislative arm, the government is pushing for a cap on the amount of cash that can be withdrawn from crypto-powered automated teller machines...
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
Roblox to End Remote Work Policies; Metaverse and Digital Workspaces ‘Still Not There’
21.10.2023
Roblox, a metaverse gaming company, has recently announced the end of its remote work policies, calling all but a few workers to work from its headquarters in San Mateo, California. Roblox founder and CEO David Baszucki stated that the metaverse and digital workspaces were still not...
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
Bitcoin Above $28K Buoyed by California ‘BitLicense’ Bill Being Signed
17.10.2023
The broader crypto market returned just over 1.24% on average in the past 24 hours, CoinDesk Market Index shows
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
California Gov. Newsom greenlights crypto regulation bill for 2025
15.10.2023
The bill will mandate crypto firms to uphold financial records and allow regulators to conduct audits on these entities
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...
Microsoft Closes Activision Blizzard Acquisition, Making Call Of Duty Officially Part Of Xbox Now
13.10.2023
The video game industry just got a lot smaller. The long and winding saga of Microsoft’s $69 billion purchase of Activision Blizzard has finally come to a close with the companies announcing the completed merger today following one last greenlight from regulators in the UK. Call of Duty is now part...
Fed Report: Silvergate Bank Got Fatally Ensnared in Crypto While Examiners Shrugged
2.10.2023
Silvergate Bank transformed from a community lender to a high-flying crypto bank without its Federal Reserve examiners raising an alarm, according to a report from the Federal Reserve’s Office of Inspector General (OIG), allowing the bank to take risks that would turn fatal
California Revisits Stringent Licensing for Crypto Businesses with New Bill AB 39 - Here's What You Need to Know
21.9.2023
California is once again taking steps to tighten crypto regulation with a new bill, AB 39, introduced on Tuesday.
The legislation follows a previous attempt in February 2022, when the state introduced AB 2269. The older bill also proposed strict licensing requirements for companies engaged...
Introducing Presearch: The Decentralized Search Engine
18.9.2023
PRESS RELEASE. La Jolla, California – September 18th, 2023 – Presearch is a revolutionary platform that is changing the way people search the internet. Presearch is a decentralized search engine designed to empower users, respect their privacy, and provide a better search experience. It...
Franklin Templeton Seeks to Offer Spot Bitcoin ETF in US
14.9.2023
Asset manager Franklin Templeton has joined the race to issue America’s first exchange-traded fund (ETF) that invests directly in bitcoin. The company applied with the U.S. Securities and Exchange Commission (SEC), following in the footsteps of other major investment firms like Fidelity...
Fraud Lawsuit Against Michael Egorov, the CEO of DeFi Giant Curve, Is Quashed in California
7.9.2023
A judge ruled a California courtroom is the wrong venue since Egorov wasn’t living in the state when the alleged misdeeds took place
Bitgo Secures $100 Million in Series C, Firm’s Valuation Climbs to $1.75 Billion
16.8.2023
The digital asset trust firm Bitgo, headquartered in Palo Alto, California, has secured $100 million in a Series C funding round. While the company remains tight-lipped about the participants in this financial endeavor, this fresh infusion of capital catapults the firm’s post-valuation...
Report: Jeopardy! Players Turn Down Rare Opportunity To Return, With Good Reason
11.8.2023
Jeopardy!’s 40th season is scheduled to begin on September 11. And this time around the popular trivia show is inviting past players from previous seasons to play one more time, a rare opportunity that most contestants never dreamed would happen. But to play again these contestants are being asked...
Californian Regulator Updates Campaign Policy For Cryptocurrency Donations
11.8.2023
The California Fair Political Practices Commission has rolled out fresh disclosure requirements for politicians and political candidates seeking donations in digital assets.
A newly released agenda for the next commission’s meeting shows the latest updates on which political parties are to work...