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Binance Partners With Korean Entertainment Corporation — NFT and Metaverse Collaborations Envisioned
10.2.2022
Binance and the South Korean entertainment corporation, YG Entertainment, have signed an agreement that enables the two firms to collaborate on blockchain projects that include non-fungible tokens (NFTs). They also plan to develop games that are compatible with the Binance Smart Chain (BSC). NFTs...
FDIC Makes Crypto Evaluation a Priority This Year Citing ‘Significant Safety and Financial System Risks’
9.2.2022
The U.S. Federal Deposit Insurance Corporation (FDIC) has named the evaluation of crypto assets a priority this year. “The rapid introduction of a variety of crypto-asset or digital asset products into the financial system could pose significant safety and soundness and financial system...
Decentralized autonomous organizations: Tax considerations
6.2.2022
Much has been said about the legal implications of DAOs, but little attention has been paid to the tax and reporting considerations for DAOs and their token holders
Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners ‘Was Pointless’
29.1.2022
In mid-May 2021, the American multinational technology company Nvidia Corporation revealed that it added a hashrate limiter to curb the use of cryptocurrency mining with its graphics processing units (GPUs). However, crypto miners now say the move was pointless, and the mining organization Nicehash...
Flushing it: $8B New York commercial bank to offer Bitcoin services
28.1.2022
“As part of our ongoing digital transformation, we recognize the importance of staying current with emerging market trends,” said Flushing Financial Corporation CEO and president John R. Buran
Valve Announces Cloud Saving For Steam Deck
26.1.2022
Valve announced a big feature for its highly anticipated Steam Deck: cloud saving. The cloud saving option will allow players to seamlessly transition from playing on PC, Steam Deck, and back again without losing any saved data.Read more
Binance Becomes the Blockchain and Cryptocurrency Industry’s First to Join the National Cyber-Forensics and Training Alliance (NCFTA)
24.1.2022
Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, today announced that it has joined the National Cyber-Forensics and Training Alliance (NCFTA), a nonprofit corporation focused on identifying, validating, mitigating, and neutralizing cybercrime threats....
World’s Largest Asset Manager Blackrock Files for Blockchain Tech ETF
23.1.2022
The New York-based multinational investment management corporation Blackrock has filed an application with the Securities and Exchange Commission (SEC) for a blockchain tech exchange-traded fund (ETF). The Ishares blockchain tech ETF aims to track the Intercontinental Exchange (ICE) index called...
Court Urges YouTuber Banned From Roblox To Stop Making Terrorist Threats
21.1.2022
Controversial YouTuber Benjamin “Ruben Sim” Simon has been banned from gaming platform Roblox after allegedly leading an in-game “cybermob” to harass its predominantly younger player base with racist and homophobic slurs, and some sexual harassment to boot. According to the Oakland, CA court that...
What To Expect From Steam And Valve In 2022
19.1.2022
It’s shaping-up to be another record-breaking year for Valve-owned digital storefront Steam thanks to massive games like Elden Ring and Starfield, and new hardware like the Steam Deck. Last year was a sleepier one when it came to PC blockbusters due to covid-19-driven game delays, but 2021’s loss...
Report: Walmart Trademark Filings Hint at Retailer’s Intent to Produce Metaverse and NFT Concepts
17.1.2022
According to a recent report, the American multinational retail corporation that operates a chain of department stores, Walmart Inc., is seemingly prepping to enter the industry of non-fungible token (NFT) technology and metaverse concepts. Walmart USPTO Trademark Filings Are Littered With...
Court Dismisses Lawsuit By Parents Whose Kids 'Gambled' With CSGO Skins
14.1.2022
On January 7, a U.S. federal court dismissed the final lawsuit against Valve regarding the company’s alleged facilitation of what plaintiffs claimed amounts to illegal gambling in CSGO matches. This was the last case in a series of claims brought to the court by parents whose children had purchased...
Japanese Video Game Giant Konami Reveals Castlevania 35th Anniversary NFTs
7.1.2022
The Japanese entertainment conglomerate and video game company, Konami Holdings Corporation, has revealed a non-fungible token collection in order to celebrate the 35th anniversary of the firm’s franchise “Castlevania.” Konami follows the slew of gaming giants like Ubisoft...
Konami Celebrates Castlevania's 35th Anniversary With... NFTs
6.1.2022
While Castlevania’s actual 35th anniversary was in 2021, Konami, it seems, is excited about NFTs this year. So, to mark the milestone, it’s auctioning off some Castlevania NFTs. Read more
Adidas Originals NFT Compilation Enters Top 50 Collections by Volume, Close to $60M in Sales in 18 Days
4.1.2022
Less than 20 days ago, the German multinational sneaker and sportswear corporation Adidas launched the company’s Adidas Originals non-fungible token (NFT) collection and since then the NFT compilation has surged into the top 50 NFT collections in terms of sales. Adidas NFT Collection Sees...
Roblox CEO Outed For Using Completely Legal, Completely Ridiculous Tax Dodge
29.12.2021
Game-making platform and fledgling metaverse Roblox made the news yesterday as the focus of a New York Times report about a ‘90s era tax cut that’s spun out of control. Originally created to foster investment in small businesses, the Qualified Small Business Stock, or Q.S.B.S., exemption...
FBI Collaborates With Citibank, Sony, Japanese Authorities to Seize $180 Million in Bitcoin
23.12.2021
The Federal Bureau of Investigation (FBI), in collaboration with Citibank, Sony, and Japanese law enforcement, has taken action to “return more than $154 million in funds that were allegedly stolen from a subsidiary of Tokyo-based Sony Group Corporation.” The U.S. Department...
Adidas Reveals the Originals NFT Collection With Punks Comics, Gmoney, Bored Apes
17.12.2021
On Thursday, the German multinational corporation Adidas announced the launch of the company’s first Adidas Originals NFT collection. The Adidas Originals NFT drop is in partnership with the Bored Ape Yacht Club (BAYC), the cryptocurrency investor Gmoney, and the comic series Punks Comics....
YouTubers Are Making Roblox Sound Even Shadier Than Before
13.12.2021
Earlier this year, documentary group People Make Games reported that game creation platform Roblox was deceiving some of its young users. Roblox allows users to monetize their creations, but very few become popular enough to make the time investment worthwhile. All the while, Roblox promises users...
Adidas Steps Into the Metaverse by Partnering With NFT Projects Bored Ape Yacht Club, Punks Comic
3.12.2021
The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas AG is teaming up with the non-fungible token (NFT) brands the Bored Ape Yacht Club, and the comic series Punks Comic. Adidas revealed last week that the company partnered with Coinbase and believes...