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Spanish Telecom Giant Telefonica Invests in Bit2Me, Pilots Cryptocurrency Payments
3.10.2022
Telefonica, one of the world’s largest telecom companies, has closed an investment in the Spanish cryptocurrency exchange Bit2me. The company, which has been very active in the metaverse space, is entering the crypto payments arena by running a pilot to allow its customers to make payments...
Japanese Gaming Giant Sega to Launch First Blockchain Game
3.10.2022
Sega, one of the largest Japanese gaming companies, has announced that it will launch its first blockchain game in collaboration with Double Jump Tokyo, another Japanese development company. The game, which is based on Sega’s Sangokushi Taisen franchise, will be built using Oasys, a Japanese...
Uzbekistan Introduces Monthly Fees for Cryptocurrency Companies
2.10.2022
Crypto firms in Uzbekistan will have to pay fees to the state under new legislation proposed by regulators. The charges vary depending on the business activity and can reach $11,000 a month in the case of digital asset exchanges. Failure to pay will result in license suspension. Crypto Operators...
Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered Companies
1.10.2022
New legislation proposed in the parliament of Kazakhstan will allow only authorized miners to mint digital currency, if adopted. The draft has been designed to comprehensively regulate the industry and reduce what its sponsors label as uncontrolled consumption of electricity in the sector....
Latest EU Sanctions to Restrict Russians’ Access to Crypto Services in Europe, Report Unveils
1.10.2022
New sanctions discussed by EU member states amid the current escalation of the conflict in Ukraine are going to restrict European crypto services for Russians. Reports about the tightening have come after earlier this year the Union banned only “high-value” crypto-asset services...
Stadia’s Exhibit Of Historic Gaming Blunders Is Now On eBay
30.9.2022
Outside of the 2019 Game Developers Conference, before anyone had ever heard the phrase “Google Stadia,” sat a small display outlining the history of gaming. Dates and bullet points marked some of the major events, and on three pedestals sat a few of the industry’s most notorious flops: Atari’s...
A Recent SEC Filing Shows the World’s Largest Asset Manager Blackrock Plans to Launch a Metaverse ETF
30.9.2022
According to a recent filing, Blackrock, the multi-national investment company based in New York City and the world’s largest asset manager, has plans to create a new exchange-traded fund (ETF) based on metaverse companies. The fund — dubbed the Ishares Future Metaverse Tech...
GameStop Pre-Orders Are A Mess Right Now, Staff Say
30.9.2022
“Is there anything you want to pre-order?” Almost nobody walks in and out of a GameStop without hearing those words. Employees are measured against how many pre-orders they can rack up while GameStop rakes in the cash months ahead of a game’s actual release. But lately, the strategy has been...
Uzbekistan Introduces Monthly Fees for Crypto Companies Effective Immediately
30.9.2022
The new regulations also require crypto custody platforms, mining pools and individual miners to pay monthly fees to the government
BlackRock’s newest ETF invests in 35 blockchain-related companies
30.9.2022
“We believe digital assets and blockchain technologies are going to become increasingly relevant for our clients,” said BlackRock ETF product strategist Omar Moufti
Bittrex, Merkle Science, Bitgo Join Crypto Market Integrity Coalition
30.9.2022
Following the introduction of the Crypto Market Integrity Coalition (CMIC) with 17 member firms last February, the organization has added eight new members. New coalition recruits include Bittrex, Merkle Science, Crystal Blockchain and Bitgo. 8 Crypto Market Firms Join Crypto Market Integrity...
All The Games We Might Lose Forever When Google Stadia Dies
29.9.2022
Earlier today, Google confirmed that its shutting down Stadia, its short-lived cloud gaming service. While the company plans on refunding all software and hardware purchases related to Stadia, the future of the few remaining exclusives on the service is less clear. And if they don’t get ported...
Google Kills Stadia, Its Cloud Gaming Service, Refunding Everyone
29.9.2022
Google is shutting down its video game streaming service, Stadia, on January 18th, 2023, the company announced today. All purchases will be refunded and the technology will still be used for YouTube and other parts of its business, but the consumer-facing app and storefront will be shuttered...
Brazilian Police Raid 15 Companies as Part of Crypto ‘Pyramid Scheme’ Bust
28.9.2022
Federal police officers in Brazil have performed search-and-seize raids at 15 firms in two states in a bid to break up a suspected crypto-themed “pyramid scheme.”
Per Agência Brasil, the country’s national public news agency, officers swooped on 15 unnamed companies based in the states of Santa...
California Launches Crackdown on 11 Crypto Firms Accused of Operating Ponzi Schemes
28.9.2022
The California Department of Financial Protection and Innovation (DFPI) has cracked down on 11 cryptocurrency companies that are accused of violating California securities laws. Nine of the firms reportedly solicited funds from investors in order to trade cryptocurrencies on the customer’s...
Take-Two Ditches Outriders Developer's Latest Action-Adventure Game
27.9.2022
Developer People Can Fly has just received another blow of bad news. After learning earlier this year that the studio didn’t see a penny of profit from Outriders during 2021, it’s now been revealed that Rockstar and 2K Games parent company Take-Two has made clear its intent to abandon publishing...
Nanjing University Sets Up One of the First Metaverse Majors in China
27.9.2022
Nanjing University in China has reportedly launched one of the first majors in the country dedicated to the study of metaverse-related knowledge. The university, located in eastern China, stated that this new push is directed to impart new metaverse-related courses that will help more students...
Streamer Kai Cenat Calls Out Twitch After Overtaking xQc For Most Subs
26.9.2022
Kai Cenat provided a bright spot at the end of what was a very bad week for Twitch. The 20-year-old streamer managed to crack 80,000 paid subs, overtaking Félix ‘xQc’ Lengyel to become the most subscribed English-speaking channel on Twitch. A tearful mid-stream call with his mom summed...
Web3 Metaverse Company Hadean Raises $30 Million in Series A Funding Round Backed by Epic Games and Tencent
26.9.2022
Hadean, a company using computing to scale virtual and metaverse worlds, has successfully closed its Series A funding round, raising $30 million. Among the companies that invested were gaming giant Epic Games and Chinese entertainment behemoth Tencent. Hadean aims to keep developing...
WEF Launches Crypto Sustainability Coalition to Leverage Web3 Technologies in Climate Change Battle
26.9.2022
The World Economic Forum (WEF) has launched the Crypto Sustainability Coalition, an initiative dedicated to assessing the role of Web3 technologies in the fight against climate change. The organization, which is composed of 30 companies, educative groups, and other institutions, will research...