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Senator Elizabeth Warren Announces Sanctions Compliance Bill for Crypto Companies
17.3.2022
The Digital Assets Sanctions Compliance Enhancement Act "would authorize the President to sanction foreign cryptocurrency firms that are doing business with sanctioned Russian entities," the Massachusetts lawmaker said
Adshares and cookie3 Announces: First of Its Kind Targeted Advertising in the Metaverse
17.3.2022
PRESS RELEASE. Adshares protocol and blockchain analytic platform cookie3 has announced the Strategic Partnership aiming to create convenient marketing tools with accurate targeting and audience segmentation across the metaverse. The integration of cookie3’s analytics platform solutions with...
Elliptic Identifies ‘Several Hundred Thousand Crypto Addresses’ Tied to Russia-Based Sanctioned Actors
17.3.2022
As the Russia-Ukraine conflict continues, blockchain surveillance companies have discussed and implemented ways to combat sanctioned countries from using digital assets. Last week, Chainalysis revealed screening tools for crypto firms that aim to comply with international sanctions. On Monday,...
Aave General Counsel Rebecca Rettig Joins Silvergate Board and Says the Companies Could Collaborate
16.3.2022
Rettig has been with Aave for one year, and prior to that was a partner at law firm Manatt, Phelps & Phillips, where she represented blockchain and digital currency clients
Luno Spins Out Investment Arm to Pump $15M to $75M a Year Into Crypto Companies
16.3.2022
Cryptocurrency exchange Luno has launched an investment arm, through which it plans to invest between $15-$75 million a year into early-stage crypto and fintech entrepreneurs
EA Cancels Its Big Summer Event
16.3.2022
First kicking off in 2016, Electronic Arts has traditionally used the week of E3 in early June to hold its own EA Play Live event, during which the publisher would make many of its biggest announcements for the year. That’s coming to an end in 2022.Read more
Elon Musk Says Tesla and Spacex See Significant Inflation Pressure — Confirms He Won’t Sell Crypto
15.3.2022
Tesla and Spacex CEO Elon Musk has revealed that his two companies are seeing significant inflation pressure in raw materials and logistics. He advised people to own physical things when inflation is high but stressed he will not sell his cryptocurrencies: bitcoin, ether, and dogecoin. Elon Musk...
EU Parliament Committee Votes Against Proof-of-Work Ban, Supports Alternative Amendment on Crypto Assets
14.3.2022
European Parliament’s economic and monetary affairs committee has voted against banning proof-of-work-based assets for companies in the European Union. An alternative proposal on crypto assets by European Parliament member Stefan Berger receives support instead. Committee Rejects...
Nintendo’s Reggie Kicked Too Much Ass For GameStop Suits
14.3.2022
When former Nintendo of America president, Reggie Fils-Aimé, joined GameStop’s board of directors in 2020 the video game retailer was trading at less than $5 a share. A year later the stock was over $150 and Fils-Aimé was headed for the door. Why did he get out when things were so hot? Apparently...
Upcoming AML Regulations in Estonia to Affect Cryptocurrency Industry
12.3.2022
Estonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating under Estonian license. The changes come amid concerns that Russia may use crypto to evade western sanctions and an ongoing audit of the Baltic nation’s...
Western Union Suspends Operations in Russia, Belarus Over Ukraine War
12.3.2022
Remittance giant Western Union has joined other financial services companies supporting sanctions in response to Russia’s invasion of Ukraine. The decision will affect customers in the Russian Federation as well as those in Belarus, an ally of Moscow, backing its military operation. Western...
Chainalysis Launches Screening Tools Designed to Prevent Sanctions Evasion
11.3.2022
Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Russia may use cryptocurrencies to evade sanctions imposed due to its invasion of Ukraine....
Veteran Trader Peter Brandt Gives Gen Zers Advice: ‘Contribute Monthly Savings to Bitcoin and Hold’
11.3.2022
Popular commentator and veteran trader Peter Brandt gave advice to Gen Zers on Thursday and said that they should contribute savings to bitcoin and stocks of solid companies. In the same Twitter thread, Brandt noted that “crypto is still unproven,” but also said that those that know...
Atari Buys MobyGames For $1.5 Million
11.3.2022
Atari, or at least the company currently holding the rights to use that name, announced earlier this week that it had spent $1.5 million buying MobyGames, a website most of you have probably used at one point or another in your lives without ever thinking about its monetary worth.Read more
Russia May Legalize Software Piracy As Tech And Game Companies Continue To Pull Out
10.3.2022
The Russian government is looking to legalize at least some software piracy to help its citizens get around the growing list of tech, gaming, and software bans that the country faces due to its ongoing and destructive invasion of Ukraine. It seems Russian leaders and lawmakers are preparing to live...
Binance unveils plans for world domination by buying up companies in every sector
10.3.2022
In the wake of increasing regulatory scrutiny, Binance has sought to diversify its revenue streams and increase crypto adoption further by acquiring traditional companies in “each economic sector”
Eight More Women Accuse PlayStation Of 'Systemic Sexism'
10.3.2022
In November 2021 a class-action lawsuit was filed against PlayStation alleging “pay disparity, wrongful termination, and other instances of gender-based discrimination” at the company’s California offices. Sony has since sought to have the case thrown out, but now, more women have come forward with...
The future of work: Companies open offices in the metaverse
9.3.2022
From online meetings to product demonstrations, companies have been using the metaverse to bring their businesses to the digital world
Sega And Koei Tecmo Donate To Humanitarian Efforts In Ukraine
9.3.2022
Earlier this week, Kotaku reported that Microsoft, Activision Blizzard, Ubisoft and Epic Games suspended Russian sales in the wake of the country’s illegal invasion of Ukraine. Now, Japanese companies Sega and Koei Tecmo are doing their part in helping the Ukrainian people, by donating money to...
How Crypto Companies Must Mesh With Traditional Financial Services Platforms for DeFi to Succeed
9.3.2022
Crypto companies looking to engage with traditional financial institutions must address risk management and compliance expectations stemming these institutions' regulatory obligations