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The Sandbox Partners With a Myriad of Hong Kong Luminaries, Plans to Launch Metaverse ‘Mega City’
5.1.2022
The Animoca Brands subsidiary and blockchain-based virtual world, The Sandbox, has announced the firm has made multiple partnerships in Hong Kong, and has plans to create a “Mega City” in the metaverse. Partners who acquired land in The Sandbox to build Mega City include Hong Kong...
Cryptocurrency Draft Law Presented in Peru
5.1.2022
A draft of a new cryptocurrency asset law was introduced in Peru in December, seeking to regulate the cryptocurrency interactions that are already happening in the country. The draft law, besides defining what a crypto asset is and establishing the duties of virtual asset service providers (VASPs)...
14,000 Chinese Game Companies Have Gone Out Of Business Due To Regulation Freeze
4.1.2022
China’s freeze on video game licenses continues. South China Morning Post notes that the National Press and Publication Administration (NPPA) has not released a list of newly approved titles since July 2021. Because of this, state-run newspaper Securities Daily reports that approximately 14,000...
Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners
31.12.2021
The government in Kazakhstan is considering building a nuclear power plant to overcome an electricity deficit allegedly caused by the booming crypto mining industry. Problems with power supply are driving away miners that saw the Central Asian country as a new home when China recently cracked down...
The Year In Video Game Companies Buying Other Video Game Companies
30.12.2021
The video game industry went on a shopping spree in 2021. Throughout the year, a handful of larger companies consistently bought up a boatload of smaller ones, at a rate where it seemed a new acquisition was announced every few weeks.Read more
Dubai to Create Crypto Zone, Binance Joins Effort
23.12.2021
The Dubai World Trade Centre will become a comprehensive ecosystem for cryptocurrencies and providers of related services. The move is part of efforts to support new industries and the emirate intends to source help from crypto companies like Binance. Dubai World Trade Centre to Host and Regulate...
2 Cryptocurrency Companies Purchased Ad Slots for 2022’s Super Bowl
23.12.2021
On Wednesday, the Singapore-based digital currency exchange Crypto.com told the press that the firm purchased a 2022 Super Bowl advertisement slot. The firm follows the exchange FTX after the trading platform purchased a Super Bowl advertisement slot in October. Crypto.com Tells the Press...
Ubisoft Says 'We Understand' Where NFT Hate Comes From, Does Not Actually Understand
22.12.2021
Ubisoft’s entry into the maelstrom of NFTs, which has so far been comically inept, has also been received by the wider public with an enormous amount of outright hostility. And how has the company responded to this backlash? Exactly as you would expect.Read more
Call of Duty Studio Vaguely Promises To Do Better A Month After Sexual Harassment Report
21.12.2021
Call of Duty studio Treyarch just issued the latest in a long series of murky apologies from Activision-owned studios regarding the ongoing investigation into company-wide sexism, harassment, discrimination, and bullying. In a tweet issued today, a little over a month after the Wall Street Journal...
Kraken Ventures Raises $65 Million to Invest in Web3, Defi, Blockchain Startups and Protocols
18.12.2021
The independent investment fund led by Kraken alumni that’s focused on early-stage companies and protocols, Kraken Ventures, announced the successful closing of its first fund at $65 million. Presently, the fund holds positions in platforms like Hashflow, Pstake, Acala, Blockdaemon...
Tencent Buys Up Back 4 Blood Devs Turtle Rock, Its Sixth Studio Purchase In 2021
17.12.2021
Today, one of the largest companies in the world, Tencent, announced it acquired Turtle Rock Studios, the developers behind the recently released zombie shooter Back 4 Blood. The deal is just the latest in a long list of acquisitions over the last few years for the Chinese tech giant, including...
Longtime Super Robot Wars Producer Has Left Bandai Namco
13.12.2021
If you’re a fan of Super Robot Wars, then no doubt you know who Takanobu Terada is. The longtime Super Robot Wars series producer has announced that he’s left Bandai Namco Entertainment subsidiary B.B. Studio to go freelance. Terada recently made the announcement on a livestream (via Famitsu)...
Korean Officials Quit Jobs to Join Crypto Industry, Lawmaker Reveals
13.12.2021
Public officials in South Korea are increasingly choosing career opportunities in the cryptocurrency sector. Some of them come from financial authorities which raises ethical questions, according to the findings of a Korean lawmaker, quoted by local media. Former Financial Officials Hired by Major...
New Game Nightingale Is Probably Your Next Time Traveling Co-op Fixation
10.12.2021
Time travel. A fae realm. A shared world with all manner of gameplay elements. Yes, Nightingale, the next game helmed by former BioWare vet Aaryn Flynn, is essentially Cool Game Yahtzee!, and I am here for it. Here’s an initial trailer:Read more
The Hello Kitty Gaming Chair Was Bound To Happen
9.12.2021
This was inevitable! Razer is teaming up with Sanrio for a whole bunch of Hello Kitty and Friends branded gaming gear that includes a gaming chair and headphones. I am not surprised. No one is surprised. This is, after all, Hello Kity we’re talking about. “Come along with Hello Kitty and Friends...
Call Of Duty: Warzone Devs Stage Walkout Over Layoffs
6.12.2021
Quality assurance testers and other developers at Raven Software, the Activision studio in charge of the extremely lucrative free-to-play battle royale Call of Duty: Warzone, are walking out on the job today to protest surprise layoffs that were foisted on staff beginning last Friday. The group...
Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal
30.11.2021
After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose acquisition company (SPAC) deal. Griid will be listed on the New York Stock Exchange (NYSE)...
Less Than 5 Percent Of Managers At Nintendo HQ Are Women
30.11.2021
Following internal comments by Nintendo of America President Doug Bowser earlier this month about allegations of sexual misconduct and discrimination at Activision Blizzard, Nintendo has updated its Corporate Governance document today with a new commitment to “increase the proportion of women...
Arcades In Japan Keep Closing, Which Sucks
24.11.2021
The Covid-19 pandemic has hit the Japanese arcade industry hard. With the country closed off to tourism, it might only seem like big city arcades are the ones that are hurting the most. That’s simply not the case. Earlier this year, Kotaku reported that things were horrible for Japanese arcades....
Activision's Damage Control Reaches Sad New Low
23.11.2021
Faced with internal unrest, plummeting share prices and a growing public relations disaster, the men and women at the very top of Activision Blizzard—the senior executives and board of directors—should all be resigning. Instead, they’ve put out a desperate press release in the middle of the night...