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Square Enix President Talks NFTs, Metaverse, Blockchain Gaming in New Year’s Letter
3.1.2022
Yosuke Matsuda, president of Square Enix, a leading game developing company, has voiced his opinion about the rise of new technologies and trends like NFTs, blockchain gaming, and the metaverse concept in the gaming space. Matsuda explains the business strategy around these, detailing how Square...
Canadian Regulator Insists Binance Is Unauthorized, Calls the Crypto Exchange’s Letter to Users ‘Unacceptable’
1.1.2022
The Ontario Securities Commission (OSC) claims that Binance has rescinded its commitment to comply with previously agreed requirements. The crypto exchange told the regulator that there would be no new transactions involving Ontario residents after Dec. 31. However, Binance recently informed...
A letter to Zuckerberg: The Metaverse is not what you think it is
12.12.2021
Facebook changing its name to Meta will likely have a huge repercussion on the narrative of the metaverse as a whole
Elizabeth Warren Queries Bitcoin Mining Operation, US Senator Says Crypto Miners Raise Environmental Concerns
4.12.2021
Senator Elizabeth Warren has written a letter to the CEO of the New York bitcoin mining firm Greenidge Generation, Jeff Kirt, asking for details on the company’s emissions. Warren’s letter insists “Greenidge and other [bitcoin mining] plants raise concerns about their impacts...
Microsoft Publishes 1999 Letter From Failed Attempt To Buy Nintendo
24.11.2021
Over 20 years ago, as Microsoft were gearing up to release the original Xbox, some at the company were concerned that they wouldn’t have enough games to accompany the console at launch. So someone had the bright idea to go and try to buy Nintendo. Problem solved.Read more
Square’s Cash App Generates $1.8 Billion in Bitcoin Revenue, BTC Profit up 29% in Q3
6.11.2021
Square Inc. has reported bitcoin revenue of $1.82 billion in the third quarter, an 11% increase from the same period last year. Its bitcoin gross profit was $42 million during the time period, a 29% increase year-over-year. Square’s Bitcoin Profit up 29% in Q3 In the company’s Q3 2021...
Hideki Kamiya Hosts 'Very Sorry Stream' With Uncomfortable Letter From Alleged Fan
3.11.2021
Yesterday, developer Hideki Kamiya hosted an “apology stream” announcing, and subsequently apologizing for, a delay on the company’s upcoming shoot-em-up, Sol Cresta. The stream was, all things considered, kind of a weird vibe.Read more
26 NFT Developers Send Very Sad Letter To Valve After Steam Ban
29.10.2021
Earlier this month Valve instituted a ban on all cryptocurrency and NFT sales on Steam, which not only laid down rules governing the future sales (or lack thereof) of titles on its platform, but also booted a few games off that had already launched and were based on the technology.Read more
Bobby Kotick Takes Another Pay Cut, Waives Arbitration In Letter To Staff
28.10.2021
In the wake of all that’s been happening at Activision Blizzard, CEO Bobby Kotick is taking to meet his commitment to inclusiveness. Among them, waiving arbitration and having his salary cut once again.Read more
Local Businesses in New York Urge Governor to Impose Statewide Bitcoin Mining Moratorium
18.10.2021
The governor of New York state, Kathy Hochul, has been urged by a group of local companies to deny business permits to bitcoin miners. The letter specifically asks for the “denial of permits for the Greenidge Generating Station and the Fortistar North Tonawanda Facility.” The letter...
Zimbabwean Dollar Could Collapse, Business Lobby Warns
14.10.2021
A Zimbabwean business lobby group, the Confederation of Zimbabwe Industries (CZI), has warned that the country’s currency could collapse if authorities fail to “implement policy measures that are needed to support it.” Central Bank Approach Unsettling the Market In a letter...
US Lawmakers Urge Fed Chair Jerome Powell to Support Crypto Innovation
3.10.2021
Several U.S. lawmakers have called on Federal Reserve Chairman Jerome Powell to support cryptocurrency innovation. “The Federal Reserve must work to support domestic innovation … Our government should never be in the business of thwarting innovation.” Members of Congress Urge...
US Senator Calls on SEC Chairman to Provide Regulatory Clarity on Cryptocurrencies
25.9.2021
A U.S. senator has asked the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, to provide clear guidance on cryptocurrency regulation. The senator stated that in many enforcement actions, “the SEC did not identify the securities involved or the rationale for their...
SEC Chair Tells Senator Legislative Priority Should Center on Crypto Trading, Lending, Defi Platforms
11.8.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has written a letter to Senator Elizabeth Warren about crypto regulation. After outlining his concerns and priorities in the crypto sector, he said, “additional authorities” and “more resources...
Q2 Earnings Show Coinbase Raked in $2 Billion — Firm Forms Partnerships With Elon Musk, PNC Bank, Spacex
11.8.2021
Coinbase published the company’s shareholder letter on Tuesday which detailed it made over $2 billion in net revenue during the second quarter. The firm said “Q2 was a strong quarter” for Coinbase as it saw both “growth and diversification” this year. While netting...
Over 1,000 Activision Blizzard Employees Sign Letter Condemning Company's Response To Allegations
26.7.2021
“Following the announcement from Activision Blizzard, and in light of the internal memo circulated by Frances Townsend, a group of over 800 employees from across all of Activision-Blizzard-King and its subsidiaries came together to take action,” a representative of the group told Kotaku. “Over...
A Gorgeous Love Letter To JRPGs Where You Bend Time
23.7.2021
Between its big-eyed characters and its bright and colorful hand-drawn 2D visuals, Cris Tales could be mistaken for a My Little Pony-adjacent animation project. But beneath the twee exterior of this love-letter to classic Japanese role-playing games there’s an incredibly smart combat system that...
Steve Job’s Physical Job Application and Mirror Copy in NFT Form to Faceoff on the Auction Block
22.7.2021
In another world-first for the non-fungible token (NFT) space, Steve Job’s handwritten job application letter in its physical form and an accompanying digital NFT of the same item will go head to head in respective auctions. Auction to Expose How Collectors Value Different Formats As NFTs...
Ripple Asks Court to Throw out SEC Case Following Commissioners’ Letter
21.7.2021
The XRP-affiliated Ripple is looking to capitalize on a recent statement from members of the US Securities and Exchange Commission (SEC) calling for more transparency in cryptoasset classification – and now hopes to have its protracted war with the regulator dismissed.
As reported last week, two...
Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets
20.7.2021
On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.” Allaire’s blog post follows a letter from the Centre...