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South Korean Regulator Excludes Certain NFTs From Crypto Regulations
11.6.2024
South Korea’s top financial regulator has issued guidelines clarifying when non-fungible tokens (NFTs) are considered virtual assets. This distinction aims to minimize the risk of widespread user harm. The guidelines will be part of the Virtual Asset User Protection Act, effective July...
South Korea enacts Virtual Asset User Protection Law, issues NFT guidelines
10.6.2024
South Korea is making significant strides in regulating the rapidly evolving cryptocurrency landscape with the implementation of the Virtual Asset User Protection Law. This landmark legislation, now in effect, aims to safeguard users and ensure the integrity of the virtual asset market. Alongside...
South Korea labels mass-produced NFTs as virtual assets
10.6.2024
NFTs considered as virtual assets are eligible to receive interest when deposited to exchanges according to the FSC’s guidelines published in 2023
US Authority Seizes 70 Crypto Scam Sites Targeting Russian Community
7.6.2024
The Brooklyn District Attorney’s Office has seized 70 domains used to scam the Russian community. The scam involved deceptive Facebook ads featuring a deepfake of Tesla CEO Elon Musk. Over 20 Brooklyn residents and additional victims nationwide lost a total of $5 million. 70 Crypto Scam...
Zilliqa 2.0 upgrade enhances speed and cross-chain compatibility
7.6.2024
Block times can also be adjusted as desired. The root mainnet shard features an average block time of just 2 seconds
30 Years Later, Tamagotchi Player Discovers In-Game Secret
7.6.2024
Remember Tamagotchi, the virtual pets who lived in an egg-shaped device you could clip to your keyring that dominated elementary schools in the ‘90s? You’d have to feed and care for them regularly throughout the day, and they’d suffer if you left them for too long. It was a nightmare for teachers...
McDonald’s metaverse debuts in Singapore
6.6.2024
McDonald’s Singapore launches the ‘My Happy Place’ metaverse, letting locals build virtual burgers, play multiplayer games, and earn rewards
Argentina Officially Launches Virtual Assets Service Providers Registry
5.6.2024
The Argentine securities watchdog (CNV) announced the official launch of Argentina’s Virtual Assets Service Provider (VASP) Registry, allowing almost 100 companies and individuals to apply to be authorized to offer digital assets linked services in the country. The registry will remain open...
Google and Magic Leap partner up to make metaverse goggles despite past flops
1.6.2024
It’s unclear why the two companies have partnered up, but the scheme comes amid Apple’s push to dominate the “spatial computing” market
OpenAI stopped 5 campaigns that used its tech for ‘deceptive influence’
31.5.2024
The AI firm has terminated accounts linked to several alleged foreign covert influence operations
7 Things We Just Learned About Sony’s Big PlayStation 5 Plans
30.5.2024
Sony recently held a business briefing for investors where it painted an incredibly rosy picture around the PlayStation 5 and its future outlook. Despite recent layoffs and failing to reach its sales goals for 2023, the company seems confident that the console’s best days are still ahead. Read more
New York sets customer service standards for virtual currency entities
30.5.2024
The BitLicense just got a little tougher with new mandatory standards for treating customers right
NYDFS Issues New Crypto Firm Guidance for Consumer Complaints
30.5.2024
New York’s top financial regulator has issued new guidance which requires cryptocurrency service providers to collect relevant data to assess whether they are resolving customer service requests and complaints in a timely and fair manner, it announced Thursday
South Korean Universities Face Banking Hurdles in Converting Crypto Donations to Cash
30.5.2024
South Korea’s regulations prohibiting corporations from opening virtual asset exchange accounts are making it impossible for local universities to liquidate their large cryptocurrency donations. Financial authorities cite money laundering concerns as the reason for maintaining the ban. Education...
Sony Announces Smaller PlayStation Showcase Featuring 14 Games
29.5.2024
Sony’s big summer PlayStation showcase has turned out to be a smaller State of Play event scheduled for May 30. The company announced it will include updates on new first-party games coming to PlayStation 5 as well as PS VR2.Read more
Multiversus’ Re-Launch Already Has Its Competitive Fans Upset
28.5.2024
Multiversus, the Warner Bros. crossover platform fighter starring Batman, Shaggy, Arya Stark and more, is out for real this time after going into a year-long hibernation. Now that it’s back and out of beta, the fighting game community is assessing if it could have the longevity of fighting games...
Big PlayStation Sale Is Full Of Discounts On PS5s, Spider-Man 2, And More
28.5.2024
The PlayStation 5 never officially got a price drop, but Sony continues to discount the console so aggressively that it’s basically the same thing. As part of its annual Days of Play sale event, the company’s taking $50 off the regular price of PS5s. Recent exclusives like Spider-Man 2 and Rise...
Hong Kong Will Inspect Offices of Crypto Platforms as Important Compliance Deadline Looms
28.5.2024
Hong Kong's Securities and Futures Commission (SFC) will conduct on-site inspections of those crypto trading platforms interested in continuing to pursue their licensing applications as a key deadline looms, the regulator announced Tuesday
OKX Withdraws VASP License Application in Hong Kong
24.5.2024
OKX announced on Friday that it has withdrawn its Virtual Asset Service Provider (VASP) license application in Hong Kong and will cease to provide trading services to residents.
The post OKX Withdraws VASP License Application in Hong Kong appeared first on Cryptonews
Super Mario 64 Speedrunner Explains How He Just Made History In The Wildest Way Possible
23.5.2024
How many hours would you stand around in Super Mario 64 waiting to do something that’s never been done before? Five? Ten? A whole day? A speedrunner who goes by Marbler recently clocked in over 80 hours with the Nintendo classic to be the first ever player to beat it without pressing the jump...