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FTX's Bankman-Fried Hints at Bitcoin Lightning Network Integration After Community Backlash
17.5.2022
After facing a backlash from the Bitcoin (BTC) community over comments to the Financial Times that Bitcoin is “not a payments network,” Sam Bankman-Fried, the billionaire CEO of crypto exchange FTX, now hints that his exchange may implement Bitcoin Lightning Network payments.
“Sounds right...
Luna Foundation Loans Out BTC to Defend Bitcoin Peg, Faces Community Backlash
9.5.2022
The Luna Foundation Guard (LFG), the entity tasked with holding bitcoin (BTC) as part of the reserves backing the TerraUSD (UST) stablecoin, has loaned out USD 750m worth of BTC to a trading firm “to help protect the UST peg.” Confronted with what this really means, Terra (LUNA) founder Do Kwon...
CRO Trims Losses as Crypto.com Scraps Plan to Cut Rewards After Community Backlash
3.5.2022
The crypto platform Crypto.com is again changing its stance on rewards in its own CRO token to cardholders, after a backlash from the community on plans to cut token rewards. CRO trimmed some of its earlier losses following the announcement.
At 13:07 UTC, CRO traded at almost USD 0.30 and...
ApeCoin integrates with Polygon amid NFT mint backlash and speculation
3.5.2022
ApeCoin DAO board member Yat Siu said that there is currently "no discussion" regarding an exclusive chain for APE
Yuga Labs’ Otherdeeds NFT mint triggers backlash from community
2.5.2022
Yuga Labs faces accusations of fraud, manipulation and preferential treatment from unhappy community members over Otherdeeds NFT mint
Square Enix Apologizes For Chocobo GP Grind Following Backlash
16.3.2022
Launch week was not kind to the $50 Final Fantasy kart racer Chocobo GP. Players were furious with the game’s microtransaction nickel-and-diming and grindy season pass. Posts warning about issues blew up on Twitter and Reddit, and now, Square Enix says it’s listening to the feedback and working...
Yuga Labs faces user backlash for under wraps KYC-restricted project
11.3.2022
Since Yuga Labs partnered with Animoca brands, other plans for a blockchain game expected to release in Q2 of 2022 have been revealed
EU Parliament Scraps Proof-of-Work Ban Following Backlash: Report
1.3.2022
How NFTs and the Metaverse Can Help Save the Planet
28.2.2022
The head of a leading South Korean cryptocurrency exchange has recently promised that its non-fungible tokens featuring the world-famous K-pop band BTS will be minted by “low carbon, eco-friendly” technology after receiving backlash from environmentally conscious young fans about...
Associated Press Cancels Sale of Migrant Video NFT After Backlash
25.2.2022
The video, which depicted a raft crowded with migrants, was a “poor choice” for an NFT, a spokesperson for the AP said
LooksRare team cashes out $30M in WETH, faces community backlash
15.2.2022
The price of the native token LOOKS tumbled by 15% after the news of the cash-out became public
YouTube sees ‘incredible potential’ in NFT video sales despite backlash threat
11.2.2022
“There’s a lot to consider in making sure we approach these new technologies responsibly, but we think there’s incredible potential as well,” said YouTube Chief Product Officer Neal Mohan
BuzzFeed backlash after ‘doxxing’ of Bored Ape Yacht Club founders
7.2.2022
Should Web3 billionaires be able to avoid public scrutiny under the guise of a pseudonym? With no clear answer, the community has lashed out at Buzzfeed for publishing the true identity of the pair behind the BAYC NFT collection
Nifty News: Coachella lifetime pass, WildEarth’s wildlife, Worms ditches NFTs after backlash
2.2.2022
The Worms franchise won’t be coming to the blockchain anymore, WildEarth TV has launched NFTs to support wildlife conservation and Rick Flair is set to be tokenized
Thailand scraps 15% crypto capital gains tax following public backlash
1.2.2022
The Thai Revenue Department had initially intended to tighten oversight of cryptocurrency trading after seeing substantial market growth
Russian Central Bank Still Wants to Ban Bitcoin & Crypto Mining, Despite Backlash
31.1.2022
Russia’s crypto-skeptic Central Bank appears ready to climb down over some aspects of its proposed crypto ban – but still wants to ban mining, despite recent comments on the matter from President Vladimir Putin.
VC.ru reported that the Central Bank has now repeated its calls for a ban...
Ubisoft Executive Thinks Players Reject NFTs Because They Don’t Understand Benefits
31.1.2022
Nicolas Pouard, an executive at Ubisoft, one of the leading videogame companies in the entertainment world, has issued his take on the backlash from gamers regarding the inclusion of NFTs in traditional franchises. The VP at Ubisoft’s Strategic Innovations Lab stated that this reaction could...
Ubisoft executive responds to the backlash over new NFT platform
28.1.2022
Players took offense to the suggestion that gamers may not yet fully understand the benefits of NFTs
OpenSea reverses limits on minting after community backlash
28.1.2022
OpenSea's critics said the policy change stifled NFT creators by trashing the ability to create unlimited collections and NFTs on the platform
Sega Might Drop NFT Experiments if Perceived by Gamers as a Money Grab
11.1.2022
Sega, a leading videogame development company, has announced its new stance when it comes to the play-to-earn model and the inclusion of NFTs in its games. In the latest management meeting of the company, which happened on December 24th, Sega CEO Haruki Satomi stated that the company may drop...