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Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners


President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax rates on crypto miners. The levy will depend on the amount and average price of electricity utilized in the extraction of digital currencies like bitcoin....

Spain to Offer Grants for Metaverse Companies


The government of Spain has announced it will issue a series of grants and aid for metaverse-related developments. The individuals and companies interested in receiving these grants will have to be based in the European Union or Spain and present a plan, and meet a series of requirements, to...

Developer Ambushes NFTs In Public Talk, Makes Crypto Sponsors Real Mad


During Brazil’s International Games Festival last week, developer Mark Venturelli (Chroma Squad) was scheduled to give a talk called “The Future Of Game Design”. A few seconds in, he flipped and revealed the presentation’s real title—“Why NFTs are a nightmare”—to a room full of applause.Read more

Rebase Token Economy Dropped From $8 Billion to $577 Million in 7 Months


Seven months ago, the top rebase crypto tokens by market capitalization were collectively worth $8.03 billion and since then, the entire rebase token economy has lost more than 92%, dropping to $577 million. Olympus has dropped 99% since the asset’s all-time high (ATH), klima dao shed 99.9%...

New Assassin's Creed Situation On Steam Is A Digital Nightmare


When games started making the switch from physical to digital, everyone knew there were trade-offs. Digital downloads were quicker and more convenient, but also meant you didn’t entirely own the game you bought. You were just licensing it, making you subject to the whims and future solvency of...

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