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Crypto Companies in Japan Get Tax Relief Under Revised Rules
26.6.2023
The tax administration of Japan has provided an exemption to companies issuing cryptocurrencies under a revision of the corporate tax rules. A local crypto media report described the move as a step toward improving the business environment for the digital asset sector in the country. Japan...
Aussie Crypto Scammers Charged in $5.5 Million Fraud Case, $600K Ferrari Among Seized Luxury Vehicles
24.6.2023
Authorities in Australia have charged two individuals accused of operating a cryptocurrency scam that defrauded two companies of $5.5 million. Luxury vehicles worth $2.7 million including a $600,000 Ferrari have been seized by law enforcement. Ferrari Seized From Car Dealer Australian authorities...
Controversial World Of Warcraft Quest Removed After Fan Backlash
23.6.2023
Popular fantasy MMO World of Warcraft has come under fire for a questline that pushed up against some of the darker parts of the franchise’s lore, and it was not flattering.Read more
Is PlayStation Really Worried About Losing Call of Duty To Microsoft? Private Emails Say No
22.6.2023
PlayStation boss Jim Ryan has been fighting Microsoft’s acquisition of Activision Blizzard tooth-and-nail, claiming it jeopardizes Call of Duty on PlayStation 5. But in a private email when the deal was first announced, Ryan apparently wrote that he didn’t think it was an “exclusivity play” to take...
Logitech Controllers Are On Sale At A Curious Time
21.6.2023
Just days after five people went missing on a tourist submarine believed to be (at least at one point during its construction) piloted by a wireless Logitech controller, Logitech appears to be running a controller sale on Amazon.Read more
Today in Crypto: Citadel & Fidelity-Backed EDX Launches Trading, Core Scientific Files Chapter 11 Bankruptcy Plan, Canadian Securities Administrators Warns About Fraudulent Crypto Companies
21.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Citadel & Fidelity-Backed EDX Launches Trading, Core Scientific Files Chapter 11 Bankruptcy Plan, Canadian...
Over 2,400 Companies, Including Binance's UK Office, Share a Small Suffolk Building – What's Going On?
20.6.2023
A Reddit post shows "Binance Ltd" as well as some 2,400 other companies, use a small Suffolk Building as a registered office address in the UK.
In a Monday post on the r/Buttcoin subreddit, user solanawhale shared the address of a so-called “utility closet” that a firm called Binance Ltd uses...
Square Enix Re-Releases Game Without Its Controversial Microtransactions
20.6.2023
Square Enix’s once-abandoned Chocobo racing game, a Final Fantasy spin-off titled Chocobo GP, has received a second chance at life without all the bad microtransactions, which previously ended up nickle-and-diming players for game features. Read more
VC Chamath Palihapitiya Warns of Chaos in the Equity Market Due to Debt Issues
20.6.2023
Chamath Palihapitiya, CEO of VC company Social Capital, has warned about a looming crisis in equity markets due to the issuance of low-interest debt. According to Palihapitiya, this might be the “biggest business secret hiding in plain sight right now,” as many companies won’t...
Binance UK office one of 2,403 companies sharing ‘utility closet’ in Suffolk
20.6.2023
Binance has drawn attention for using a small building as its registered office in the UK, but tech firms have used a similar trick for years
Gaming Just Isn't About You: Consoles Are Thrashed By Casual Games
19.6.2023
Gaming still isn’t all about you. New data released by PwC shows that “traditional” games make up only 26.7 percent of the revenue earned by the U.S. games industry, the vast majority of 2022's $54.1 billion coming from social or casual games. Esports, meanwhile, contributed just 0.8%. Added...
Bear market allows crypto companies to ‘listen’ to users: KuCoin exec
19.6.2023
Dorian Vincileoni, an executive at KuCoin, spoke with Cointelegraph at the Proof of Talk blockchain conference in Paris about navigating the state of the current market
Robert Kiyosaki Warns More Banks Are About to Fail
18.6.2023
Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has warned that more banks are about to fail. “Regional banks and mortgage companies are falling,” he cautioned, urging investors to think for themselves and not rely on the guidance of President Joe Biden, Federal Reserve Chairman...
Tether Counted Securities Issued by Chinese Firms Among Its Reserves: Bloomberg News
16.6.2023
Tether Holdings Ltd. at one point counted securities issued by Chinese companies among the reserves backing its USDT stablecoin, according to Bloomberg News.
Tether at a point in time held securities issued by state-owned Chinese companies including Industrial & Commercial Bank of China Ltd....
Twitch Enrages Streamers Again With Convoluted New Revenue Share Program
15.6.2023
Twitch’s mid-life platform crisis continues. After rolling out controversial new 50/50 revenue splits for top streamers last fall, the massively popular online gaming hangout is now announcing a new “Partner Plus Program” that will return certain channels to the previous 70/30 split, but with tons...
Diablo Cosplay Is As Far From Hell As Possible
15.6.2023
Cinderys is a professional cosplayer from France who has been active in the scene for almost a decade now. Over the years she’s cosplayed as a bunch of Blizzard characters, from World of Warcraft to Hearthstone, but her latest Diablo work is terrifyingly good.Read more
US senators propose bill to eliminate section 230 protection for AI companies
14.6.2023
The bipartisan bill purportedly seeks to hold companies accountable for harm, but it’s unclear whether section 230 even applies to AI
FTC Tries Blocking Microsoft, Activision's $69B Deal, Claiming It's Being Rushed
13.6.2023
Microsoft’s attempted $69 billion acquisition of Activision Blizzard has been in a kind of limbo due to scrutiny from various regulatory bodies here in the U.S. and in the UK, and today the tech company faces one more hurdle. The Federal Trade Commission has filed a request for both a restraining...
Digital Asset Trust Firm Bitgo Sets Sights on Prime Trust Acquisition
9.6.2023
In a recent development, Bitgo, the digital asset trust firm, disclosed that it has penned a letter of intent to acquire Prime Trust, a crypto custodian based in Nevada. Should the acquisition proceed, Prime Trust would become an integral part of Bitgo’s network of regulated trust companies....
US Senator Cynthia Lummis Blasts SEC Actions Against Coinbase, Explains Crypto Industry Is Being Pushed Offshore
8.6.2023
Wyoming U.S. Senator Cynthia Lummis has heavily criticized the recent legal action of the Securities and Exchange Commission (SEC) against Coinbase, stating that it might push the cryptocurrency industry and its innovation offshore. Lummis also remarked that the SEC has failed to streamline a path...