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Singapore Seeks Detailed Information From Crypto Firms Ahead of New Regulations, Report Unveils
27.8.2022
Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-state’s central bank reportedly asking companies to provide additional information about their activities and assets. Ahead of a possible broadening of the applicable rules,...
Blockchain.com Inks Multi-Year Deal With Dallas Cowboys Star Quarterback Dak Prescott
24.8.2022
The crypto firm Blockchain․com announced on Tuesday that the company has inked a multi-year partnership deal with the Dallas Cowboys quarterback Dak Prescott. Blockchain.com says the Cowboys quarterback will appear on TV, radio, and social media in order to bring his “personal brand...
PlayStation Hit By $5.9 Billion Lawsuit For ‘Ripping People Off’ On Digital Games
22.8.2022
A consumer rights advocacy group is suing Sony for charging a 30 percent commission fee on all digital purchases made through the UK PlayStation Store. This is functionally a class action lawsuit that seeks to distribute billions of dollars to players who have used the PlayStation UK store since...
Uzbekistan Moves to Block Foreign Cryptocurrency Exchanges
12.8.2022
Authorities in Uzbekistan are restricting access to online crypto trading platforms based outside the country and not registered under its laws. A presidential decree obliges citizens and local companies to only use digital asset exchanges licensed by the government of the Central Asian nation....
Crunchyroll Bought A Popular Anime Video Store, Removed Its Hentai
6.8.2022
Yesterday, Crunchyroll announced its acquisition of Right Stuf, a popular online video publisher and distributor of anime products. The anime streaming service touted its merger leading to an expanded eCommerce platform that would allow it to serve a wider array of customers with anime goodies....
Portuguese Banks Close Accounts of Crypto Exchanges, Media Reveals
5.8.2022
Major Portuguese banks have started closing or refusing to open accounts for cryptocurrency platforms such as exchanges, according to media reports. The move threatens to tarnish the country’s image as one of Europe’s most crypto-friendly destinations, a haven for bitcoin enthusiasts....
Report: Tencent Wants To Expand Its Empire By Becoming Ubisoft’s Biggest Shareholder
4.8.2022
Tencent appears to be doubling down on its investment in Ubisoft. While it already owns 5 percent of the Assassin’s Creed publisher, Reuters now reports the Chinese mega-conglomerate with huge investments throughout the gaming industry has its sights set on becoming Ubisoft’s single biggest...
Sony Says Call Of Duty Is An ‘Essential Game’ Series While Microsoft Argues It Ain’t
3.8.2022
Microsoft, in a bid to downplay the possible ramifications of its attempted acquisition of Activision to various international regulating agencies, is arguing that the Call of Duty publisher it’s spending billions of dollars on doesn’t actually produce any games that could be considered “must...
Shots Fired At Facebook’s VR Monopoly
28.7.2022
It’s been a very bad year so far for Meta, the company formerly known as Facebook, in ways extremely unique to being one of the biggest tech companies in the world. Despite still making almost $7 billion in profit in recent months, TikTok is eating its lunch, the stock price is in shambles,...
Bitcoin Treasuries Records Show $2.1 Billion in BTC Was Erased From Balance Sheets
18.7.2022
During the 12 months, public companies, private companies, exchange-traded funds, and even countries have added bitcoin to their balance sheets. As of July 17, 2022, the aforementioned types of entities hold approximately 1,325,396 bitcoins worth $27.84 billion today. However, the number of coins...
Insurance Company Sued for Refusing to Cover $7.5 Million Bitcoin Ransom Payment
12.7.2022
A British jeweler has sued its insurance company for refusing to cover a bitcoin ransom payment of $7.5 million. The jeweler paid the hackers to prevent sensitive customer data from being published. Insurance Company Faces Lawsuit for Refusing to Cover Bitcoin Ransom Payment A luxury British...
Hacker Group Claims Elden Ring Publisher Is Its Latest Victim
11.7.2022
Bandai Namco, the Japanese publisher behind the Ace Combat, Dragon Ball Z, and Dark Souls games, appears to be the latest major gaming company to suffer a major hack. The ransomware group BlackCat added the Elden Ring publisher to its list of victims earlier today, though it’s not yet clear...
Tensions Rise At Bethesda As Employees Pressure Company On Abortion Measures
1.7.2022
In the wake of Roe v. Wade being struck down last week, many employees at Skyrim maker Bethesda Game Studios and its parent company ZeniMax Media have grown increasingly frustrated by what they see as their employer’s unwillingness to clearly support employees’ access to reproductive healthcare....
Financial Companies Report First Deal With Digital Assets Under Russian Law
1.7.2022
Two companies have carried out Russia’s first transactions with digital financial assets as defined by the country’s current legislation. The deal involved the tokenization of debt issued by a third party and its subsequent acquisition. Russian Companies Conduct Issue and Placement...
Fantasy Battle Royale Spellbreak Shutting Down, Studio Absorbed By Blizzard
29.6.2022
Spellbreak, the magic-based battle royale, is spellbroken, shutting down early next year, developer Proletariat announced in a blog post. Also, the whole studio is getting absorbed by Blizzard, the result of a recent acquisition intended to beef up development on World of Warcraft.Read more
Xbox Head Defends Bethesda In Wake Of Crunch Allegations
28.6.2022
At an all-hands meeting on Thursday, Xbox addressed the growing employee concerns about labor conditions at Bethesda Game Studios and its parent company, ZeniMax. Matt Booty, head of Xbox Game Studios, said he was “confident” that the studio was not crunching, and that it was “unfair” to attribute...
RIP Bernie Stolar, Who Helped Launch Both The PlayStation And Dreamcast
27.6.2022
Bernie Stolar, one of the most important video game executives of the 1990s, has passed away at the age of 75, GamesBeat reports.Read more
Bobby Kotick Is Staying On Activision Blizzard's Board, Ew
22.6.2022
Just yesterday, Activision Blizzard shareholders voted to approve a report looking into the company’s anti-harassment efforts. While the company itself is “carefully considering” that, stockholders also gave the green light to the Board of Directors nominees, which included shitty CEO Bobby Kotick....
Bank of Spain Has Registered 17 Crypto Companies, Big Names Still Missing
21.6.2022
The Bank of Spain has already included 17 virtual asset service providers in its own registry, in which cryptocurrency exchanges and custody providers must be listed to operate, according to Spanish law. Three new companies were included last week, but big names in the crypto ecosystem are still...
Activision Stockholders Vote To Release Annual Harassment Reports, Company Will 'Consider' It
21.6.2022
Today, Activision Blizzard shareholders voted to approve a proposed annual report that would document the company’s ongoing efforts to stop workplace abuse and harassment as well as catalog the company’s total number of sexual harassment settlements and pending complaints. Read more