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Crypto Industry’s Custody, Ownership Rights Are 'Fundamental Problems' That Need Solving - US Official
25.5.2022
The recent collapse of the TerraUSD (UST) stablecoin has demonstrated that custody and ownership rights are underdeveloped for the size, scope, and ambitions of the crypto industry, according to the US Acting Comptroller of the Currency Michael J. Hsu.
The comptroller presented his opinion...
'Code is not law': Seth Green thief stole Bored Apes, not the rights say experts
25.5.2022
Green planned on using the BAYC in an upcoming TV series, and he has hinted he will go to court to get his Apes back if the new owner does not give it up
Draft Law About NFTs Submitted to Russian Parliament
21.5.2022
Lawmakers have filed a bill with the State Duma aimed at introducing the term NFTs to Russian legislation. The authors of the draft say the rights of those who own non-fungible tokens need to be protected as Russians are currently dealing with NFTs at their own risk. Russian Deputies Propose...
Texas Game Studio Will Help Employees Fleeing Anti-Trans, Anti-Abortion Laws
20.5.2022
As large areas of the United States grow increasingly hostile toward trans folks and abortion rights, one Texas game studio CEO is promising to assist employees who want to leave the state should it come to that (h/t GamesIndustry.biz).Read more
PlayStation Boss Asks Staff To Respect All Abortion Opinions In Email About Cats
13.5.2022
An internal email from PlayStation president Jim Ryan contains several paragraphs about cats, but doesn’t contain a hard stance in support of his staff’s reproductive rights, and even asks employees to “respect” anti-abortion views and opinions, leaving many PlayStation staff angry and upset.Read...
Shanghai court affirms that Bitcoin is virtual property, subject to property rights
12.5.2022
A district court in Shanghai ruled for Bitcoin owner’s right to compensation in case involving unpaid loan and decided on Bitcoin legal status in the process
Wordle Removes ‘Fetus’ Answer Following Attack On Abortion Rights
9.5.2022
Today’s Wordle answer was supposed to be “fetus,” and for many it still was, despite The New York Times trying to pull the word ahead of time. In light of reports that the Supreme Court is currently slated to overturn Roe v. Wade and toss out abortion rights for millions along with it, the Greylady...
Bungie Defends Abortion Rights Even As People Urge It To Stick To Games
5.5.2022
A studio best known for blockbuster games about shooting aliens now increasingly has a reputation for not taking shit from the people who play them. Creator of Halo and Destiny 2, Bungie, took fire from angry gamers this week, for coming out in support of abortion rights. Instead of flinching like...
Sports NFT Platform Stakes Raises $5.3M for ‘Digital Bragging Rights’
4.5.2022
The platform lets users bet against each other’s sports picks, with winners minting their takes as NFTs
Ice Cube’s Big3 Professional Basketball League Sells Team to a DAO for 25 NFTs
30.4.2022
Decentralized autonomous organizations (DAOs) have been acquiring high ticket items over the last 12 months and on April 28, the Degods DAO revealed it acquired a Big3 professional basketball team called the “Killer 3s.” The Big3 professional basketball league was founded by...
Report: Twitter Engages in Negotiations With Elon Musk, Analyst Says Unless a Second Bidder Appears Musk Will Acquire the Company
25.4.2022
According to multiple reports stemming from people familiar with the matter, Twitter has been engaged in negotiations with Elon Musk over his proposal to purchase the social media platform for $46.5 billion. Sources detail that a number of Twitter shareholders allegedly reached out to...
Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus
25.4.2022
Exmo, a U.K.-based crypto exchange with extensive presence in Eastern Europe, is pulling out of Russia, Belarus and Kazakhstan. The trading platform, Exmo.com, says it’s making the move to avoid jeopardizing its expansion in other regions by operating in high-risk markets like these....
An In-Depth Look at Satoshi Island — A Crypto-Centric Residential Community in Vanuatu Where Land Titles Are NFTs
28.3.2022
According to reports, there’s a 32 million square-foot island located in Vanuatu that’s in the midst of being constructed into a crypto-centric residential community by the island’s owners: Satoshi Island Holdings Limited. So far, more than 50,000 individuals have applied...
Maradona 'Suspended' From FIFA Because His Image Rights Are An Absolute Shambles
25.3.2022
Argentinian star Diego Maradona—who passed away in 2020—has long been one of a number of ‘Icons’ available to control in EA Sports’ FIFA series, alongside other retired greats like Pele and Johan Cryuff. Until this week, when his avatar was ‘suspended’ by EA.Read more
Yuga Labs Obtains Cryptopunks and Meebits Brands, Gives Commercial Rights to NFT Holders
12.3.2022
On Friday, Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, announced the company acquired the intellectual property behind the Cryptopunks and Meebits brands. Furthermore, after obtaining the IP from Larva Labs, Yuga has decided to give “full...
Pakistan’s Central Bank Sees Few Good Use Cases for Crypto Citing ‘a Lot of Misuses’ Worldwide
9.3.2022
The central bank of Pakistan does not see many good use cases for crypto. However, the regulator cites “a lot of misuses” of cryptocurrency around the world, “including human rights violations, trafficking of people, money laundering, and many other things.” Pakistani...
Ubisoft Moves Rainbow Six Tournament After Fans Protest
23.2.2022
Until today, Ubisoft had been planning on holding a “Six Major”, a major competitive event for Rainbow Six Siege players, in Abu Dhabi, capital of the United Arab Emirates. After a massive fan protest on social media, though, the publisher has now decided to move the tournament to another...
Law Decoded: States’ crypto rights and the influx of digital money into analog politics, Feb. 7–14.
14.2.2022
As U.S. Congress continues its crypto education at a measured pace, states race to explore the benefits of financial innovation
The Four-Day Workweek Is Getting Popular Among Devs, And It Sure Sounds Nice
11.2.2022
Ah, Friday. The fifth day of the typical workweek. The end of said workweek, for many. But how nice would it be if [sentiment redacted by bosses]? Just ask folks from Blackbird Interactive, the developer behind Homeworld 3 and Hardspace: Shipbreaker and the latest studio to switch to a four-day...
Lord Of The Rings Mod Hit With Takedown Just As Series' Rights Are Up For Sale
11.2.2022
Ownership of the Lord of the Rings series has somehow been in the news twice this week. Firstly and most prominently because the rights to the series are going up for sale for the first time since the 1970s. Secondly, and more bizarrely, because this week of all weeks a prominent Lord of the Rings...