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South Korean Regulators to Inspect Companies Linked to Terraform
25.5.2022
South Korea’s financial regulators are planning to launch onsite inspections into domestic companies that have a business relationship with Terraform Labs – and particularly those that have made use of terra (LUNA) ecosystem coins.
In an exclusive article, the South Korean media outlet Money...
Activision Blizzard Devs Demand Breastfeeding Protections And Other Reforms
25.5.2022
10 months after a California lawsuit alleged widespread sexual harassment and discrimination at Call of Duty publisher Activision Blizzard, employees at the company don’t feel like it’s made the necessary changes and have created a worker committee to demand further reforms. Chief among them...
Reggie Fils-Aime: Companies Need To ‘Embrace’ Unions If That’s What Employees Want
24.5.2022
In an interview yesterday, former Nintendo of America boss Reggie Fils-Aime was asked about his thoughts on unions, which currently barely exist in the video game industry. Fils-Aime’s answer was not a ringing endorsement of unions, with the former exec saying they aren’t good or bad, just...
Coinbase Enters Fortune 500 List of Biggest US Companies
24.5.2022
Coinbase (COIN) became the first crypto company to enter the Fortune 500, ranking 437th in the business magazine's listing of the biggest companies in the U.S. by revenue
Sony Is Being Sued For Gender Discrimination At PlayStation Again
23.5.2022
A former PlayStation employee is suing parent company Sony for a second time over what the lawsuit describes as “gender-based discrimination and gender-based harassment” after a similar legal action was dismissed in April. (h/t Axios)Read more
Following French Montana, Son Tung M-TP, One of Vietnam’s Top Celebrity Singers, Joins Radio Caca’s USM Metaverse
19.5.2022
PRESS RELEASE. The Vietnamese music celebrity’s videos have garnered close to 2.5 billion lifetime views on Youtube. RACA Hits a High Note Radio Caca (RACA), one of the world’s leading Web 3.0 companies, today announced the collaboration between Radio Caca and Vietnamese celebrity...
Lawsuit: Blizzard Lets Minors ‘Gamble’ On ‘Worthless’ Hearthstone Card Packs
19.5.2022
Blizzard is facing a proposed class-action lawsuit over card packs sold to minors in Hearthstone, its popular World of Warcraft-themed trading card game. A parent in Arizona claims his child purchased hundreds of dollars worth of the cards without realizing how rare it is to get good cards out...
Ukrainian Devs Moving To 'Safer Areas' With Grant Money
19.5.2022
Frogwares, a Ukrainian studio known mostly for their Sherlock Holmes games, have somehow kept working through Russia’s unprovoked invasion of their country. And now, thanks to a large injection of cash, they’ll be able to keep on doing that.Read more
Layoffs At EA Austin Following Split With FIFA
18.5.2022
Electronic Arts is laying off a ton of customer service staff at its Austin office, according to internal emails viewed by Kotaku. One source familiar with the decision told Kotaku that as many as 100 employees could be affected, many of whom supported live operations on FIFA 22. Going forward,...
Aave Launches Social Media Project Lens Protocol With Over 50 Apps Built on Polygon
18.5.2022
The blockchain firm Aave has launched the Lens Protocol, a social media project with applications built on the Polygon blockchain. Lens is similar to the social media platform Twitter but Lens profiles are linked to a non-fungible token (NFT) that can be ported into decentralized applications. Lens...
Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says
18.5.2022
The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly Aksakov, who chairs the Financial Market Committee at the State Duma, the lower house...
Good News! PC Gaming Prices Might Stop Being A Hellscape Soon
18.5.2022
With an ongoing chip shortage that’s impacting basically everything that requires silicon and, everyone’s favorite topic, cryptocurrency draining stock of GPUs, getting new tech toys lately hasn’t been as easy as it once was. At least, not without paying a premium. Fortunately, shifts in the crypto...
Square Enix to Reinforce Blockchain Bet, According to Latest Earnings Report
17.5.2022
Square Enix has announced its new mid-term business plan, reinforcing its blockchain pivot according to the documents presented. The company will continue to invest in key companies in the blockchain arena, including Animoca Brands and The Sandbox, and will also consider other investments in...
Goldman Sachs’ Blankfein Advises Companies and Consumers to Prepare for US Recession — Says It’s a ‘Very, Very High Risk’
16.5.2022
Goldman Sachs Senior Chairman and former CEO Lloyd Blankfein has warned that companies and consumers should prepare for a recession in the U.S. He stressed that it’s a “very, very, high risk.” Goldman’s Blankfein Warns About a Recession Lloyd Blankfein, a former Goldman...
First Mover Asia: Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin Rebounds
16.5.2022
Terraform Labs, the Singapore-registered company behind the Terra protocol, doesn’t have a permanent office in the city-state; most major cryptos spend Sunday in the green
Following French Montana, Vietnam’s Number 1 Celebrity Singer Son Tung M-TP Joins RACA’s USM Metaverse
13.5.2022
PRESS RELEASE. The Vietnamese music celebrity’s videos have garnered close to 2.5 billion lifetime views on Youtube. RACA Hits a High Note Radio Caca (RACA), one of the world’s leading Web 3.0 companies, today announced the collaboration between Radio Caca and Vietnamese celebrity...
Masterminds Behind South African Bitcoin Ponzi Scheme Told to Pay Back Over $291 Million
12.5.2022
Masterminds of one of South Africa’s biggest bitcoin Ponzi schemes, Mirror Trading International (MTI), have been asked by the scheme’s liquidators to pay back over $291 million to cover the scam operation’s debts. Liquidators’ Influence Liquidators of the South African...
Top Diamond Producer De Beers Deploys Blockchain-Based Platform at Scale
11.5.2022
De Beers, one of the leading diamond-producing companies globally, recently announced the deployment of its blockchain-based diamond source platform at scale. The platform will “enable the provision of provenance information from source to Sightholder to store on a secure blockchain.”...
Qualcomm CEO States Metaverse Will Be a ‘Very Big’ Opportunity
10.5.2022
Qualcomm, one of the largest fabless mobile chip makers, is very optimistic about the future of the metaverse and what it might bring for companies and consumers in the area. Qualcomm CEO Cristiano Amon believes that, while there is much to do in the development space, this development is real...
Google Forms Web3 Team — Sees Tremendous Potential, Demand for Crypto Tech Support
8.5.2022
Google is establishing a Web3 team within its cloud unit, noting that “it is a market that is already demonstrating tremendous potential.” A Google executive explained: “We’re providing technologies for companies to use and take advantage of the distributed nature...