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Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims
29.5.2022
Authorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims the state has already confiscated crypto assets worth millions of dollars. Companies...
Study Shows the United States Is Home to 41% of the NFT Companies Worldwide
27.5.2022
According to a study called “A World of NFT Adoption” published by nftclub.com, the United States has the most non-fungible token (NFT) company headquarters in the world. While the U.S. captures more than 41% of the NFT companies worldwide, the second largest number of NFT startup...
Xbox Boss Says He Will Recognize Raven Software's Union After Acquisition Closes
26.5.2022
In today’s internal all-hands meeting with Xbox Game Studios employees, Head of Xbox Phil Spencer said that he would recognize Raven Software’s union. This came after the QA testers at Raven voted to form the first labor union at a major studio.Read more
Chinese Indexes Company Launches Hang Seng Metaverse Index
26.5.2022
A Chinese indexes company, Hang Seng Indexes, has launched a new index which tracks the performance of metaverse-related companies in mainland China. The index is calculated and disseminated in real-time at two-second intervals, the company said. Rising Popularity of the Metaverse Hang Seng Indexes...
Hong Kong CMT Companies, PCCW & HKT, Partner With Sandbox
26.5.2022
Virtual lands have been bought by the two CMT companies, PCCW and HKT, in the neighborhood of Mega City, a cultural hub in Hong Kong theme that has recently introduced its second stage. As a part of their mission to enter the Metaverse, the companies are now set to bring forward the first-ever...
Governments, Companies Will Need To Develop Standards, Rules For Metaverse - Davos Panel
25.5.2022
The metaverse creates a range of opportunities for users and companies, but businesses and governments will need to come up with rules governing transactions and content, according to the participants of a panel held during this year’s edition of the World Economic Forum in Davos....
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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...