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Controversial Crypto Firm Prometheum to Treat Uniswap and Arbitrum's Tokens as Securities
21.8.2024
Prometheum is forging ahead with its strategy to comply with the U.S. Securities and Exchange Commission's view on cryptocurrency transactions by letting two more tokens into its custody operation for crypto securities, whether the rest of the industry agrees or not
Coin Center Wins Right to Sue U.S. Treasury, IRS Again Over Controversial Tax Reporting Rule
19.8.2024
Crypto think tank Coin Center will get another shot at suing the U.S. Treasury Department over what it says is an “unconstitutional” amendment to the tax code that would require Americans to disclose the details of certain crypto transactions to the Internal Revenue Service (IRS)
Food Price Controls in America? Kamala Harris’s Controversial 2024 Strategy Unveiled
15.8.2024
Vice President Kamala Harris, according to several reports, has outlined one of her key economic strategies if she wins the presidency in 2024—price controls. Her campaign is advocating for what they describe as the “first-ever federal ban” on food price increases. Despite the price...
Helldivers 2 Promises Players A Better Time After Its Most Controversial Update Yet
14.8.2024
It’s been a bad week for Helldivers 2, and whether because of recent nerfs or just general fatigue, morale seemed to be at a real low point from the highs of launch back in February. Arrowhead Studios is trying to push forward by promising fans a new approach to how it updates the game in...
Another Game Just Got Review-Bombed Into Dropping Controversial Login Requirement
26.7.2024
Good news! There’s a new Earth Defense Force game and it’s out now! Bad news, if you want to play the game online on Steam you’ll have to create an Epic Games account. This fact was revealed on launch day and went over so poorly with players that the devs behind the new giant bug-killin’ game...
Apex Legends Cancels Most Controversial Battle Pass Change After Weeks Of Backlash
24.7.2024
Earlier this month, Apex Legends announced it would overhaul its battle pass system, resulting in a price hike for players and them no longer being able to use in-game currency to earn the pass for free. After a weeks-long backlash resulting in over 70,000 negative reviews on Steam, Respawn...
India Keeps Controversial Crypto Tax Rules Unchanged, Finance Minister's Budget Speech
23.7.2024
The primary demand from India's crypto industry was to reduce the controversial tax-deducted-at-source (TDS) policy on crypto transactions from 1% to 0.01%
Latam Insights Encore: Bukele Pushes Controversial Substitution of National Products Policy To Fight Inflation, Offers Free Coffee on Top
22.7.2024
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we discuss the import duties exemption measure President Nayib Bukele pushed for and passed in Congress and its possible effects on El Salvador....
Messari CEO Selkis Resigns After Controversial Political Posts
21.7.2024
Ryan Selkis, founder of Messari, has stepped down as CEO, following controversial social media posts. He will transition to Senior Advisor, while Eric Turner takes over as interim CEO. “This week was the first week in 6.5 years that my politics and rhetoric put the team in harm’s...
U.S. House Fails to Override Biden's SEC Veto of Bill That Would End Controversial SEC Guidance
11.7.2024
As DOE Preps for Take Two of Controversial Crypto Mining Survey, Industry Weighs in
10.7.2024
After the U.S. Department of Energy’s (DOE) first attempt to survey crypto mining companies about their energy usage was kneecapped by a lawsuit, the department is getting ready to try again – but this time, it’s seeking input from crypto industry participants
Controversial Streamer Nickmercs Banned By Twitch After Dropping Transphobic Slur
28.6.2024
Former pro Gears of War playerNick “Nickmercs” Kolcheff received his first ever ban from Twitch after using a transphobic slur during a recent stream, commemorating another Pride Month with his annual anti-LGBTQ+ bullshit. Read more
Donkey Kong Country's Controversial $60 Price Tag Makes Metroid Prime Feel Like A Steal
27.6.2024
Donkey Kong Country Returns HD is an enhanced version of the 2o10 Wii game coming to Switch in 2025, and fans can’t believe Nintendo is charging $60 for it. The price was revealed in the new eShop listing and makes last year’s Metroid Prime Remaster look like an incredible deal by comparison. Read...
Martin Shkreli claims to co-create controversial DJT token
19.6.2024
DJT, the Solana-themed token based on Donald Trump, has been in the news for a bit. The token is gaining precedence once again but because of some controversial claims. Martin Shkreli, the problematic entrepreneur recently claimed to have co-created the DJT token. The news was shared by ZachXBT...
Controversial Figure Martin Shkreli Allegedly Behind New Trump-Themed Crypto Token DJT
19.6.2024
Martin Shkreli, known for his previous securities fraud conviction, has reportedly claimed to co-create the DJT token, a new crypto asset themed after Donald Trump. The revelation comes as the token’s association with the Trump campaign remains unverified, stirring significant speculation...
Banking Associations Support Resolution to Overturn SEC’s Controversial Crypto Rules
2.6.2024
The American Bankers Association, Bank Policy Institute, Financial Services Forum, and Securities Industry and Financial Markets Association sent a letter to President Joe Biden on May 31, urging him to sign the resolution passed by Congress to overturn the SEC’s Staff Accounting Bulletin...
Sony Deletes Its Controversial Interview With Last Of Us Director Due To ‘Significant Errors’
29.5.2024
On May 23, Sony published an interview with The Last of Us director Neil Druckmann as part of a company-wide campaign on the future of technology. The Q&A was extremely controversial, including quotes from Druckmann advocating for the use of artificial intelligence to write dialogue and cut costs...
Controversial Artist Damien Hirst Accused Of Backdating 1,000 Paintings In NFT Project
24.5.2024
English artist Damian Hirst is under increased scrutiny this week following claims he backdated more than 1,000 pieces of art from his NFT project “The Currency,” The Guardian reported Wednesday. The allegations come just two months after Hirst was accused of misrepresenting the dates of several...
US Senate Votes to Overturn SEC’s Controversial Crypto Rules — Biden’s Veto Threat Looms
16.5.2024
The U.S. Senate has voted to overturn the Securities and Exchange Commission (SEC)’s controversial SAB 121, which imposes regulatory burdens on digital asset custodians. The resolution also passed in the House and now faces a veto threat from President Joe Biden. Last week, the White House...
Breaking: Senate Overwhelmingly Votes To Overturn The SEC’s SAB121
16.5.2024
The U.S. Senate voted to formally issue a disapproval of the United States Securities and Exchange Commission’s (SEC) controversial staff accounting bulletin SAB121 on Monday afternoon. The vote follows a House vote of the federal agency’s guidelines, with the resolution now headed to President...