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US senators propose bill to eliminate section 230 protection for AI companies
14.6.2023
The bipartisan bill purportedly seeks to hold companies accountable for harm, but it’s unclear whether section 230 even applies to AI
FTC Tries Blocking Microsoft, Activision's $69B Deal, Claiming It's Being Rushed
13.6.2023
Microsoft’s attempted $69 billion acquisition of Activision Blizzard has been in a kind of limbo due to scrutiny from various regulatory bodies here in the U.S. and in the UK, and today the tech company faces one more hurdle. The Federal Trade Commission has filed a request for both a restraining...
Digital Asset Trust Firm Bitgo Sets Sights on Prime Trust Acquisition
9.6.2023
In a recent development, Bitgo, the digital asset trust firm, disclosed that it has penned a letter of intent to acquire Prime Trust, a crypto custodian based in Nevada. Should the acquisition proceed, Prime Trust would become an integral part of Bitgo’s network of regulated trust companies....
US Senator Cynthia Lummis Blasts SEC Actions Against Coinbase, Explains Crypto Industry Is Being Pushed Offshore
8.6.2023
Wyoming U.S. Senator Cynthia Lummis has heavily criticized the recent legal action of the Securities and Exchange Commission (SEC) against Coinbase, stating that it might push the cryptocurrency industry and its innovation offshore. Lummis also remarked that the SEC has failed to streamline a path...
GameStock Fires CEO As Meme Stock Plummets
7.6.2023
GameStop has terminated CEO Matt Furlong and announced that meme stock investor and SuperStonk cult-hero, Ryan Cohen, will take over as Executive Chairman. The famous brick-and-mortar gaming retailer’s stock price proceeded to drop over 15 percent in after-hours trading. Read more
Russia’s Rosbank Launches Crypto Payments Solution for Cross-Border Settlements
5.6.2023
Rosbank has become the first large Russian bank to offer clients an option to use cryptocurrencies in international settlements. The solution, provided in tandem with a Russian fintech, is mostly intended to meet the needs of businesses working with foreign partners. Russian Companies to Be Able...
It Is June 2023 And EA Wants To Add NFTs To FIFA & Madden
5.6.2023
EA Sports and Nike announced yesterday that, at some point in the “future”, games like FIFA and Madden will feature integration with .Swoosh, which Nike describes as its “new digital community experience”.Read more
Qatar gets slammed for not taking enough action against crypto companies
2.6.2023
Qatar has been told by the global money-laundering watchdog to improve its “understanding of more complex forms” of financial crime
Waypoint Is Dead, Long Live Remap
2.6.2023
Back in April we brought you the very sad news that Waypoint, VICE’s video game website, was being shut down. Now, only a few weeks later, we get to bring you the excellent news that the site—and its podcast—will live on at a new home.Read more
Russian Businesses Ask Putin to Help Legalize Crypto
1.6.2023
A body representing the interests of Russian businesses has called on president Putin to help with crypto legalization. Their proposals, including on the use of cryptocurrencies in foreign trade settlements, have been included in a report to Russia’s head of state. Companies Urge President Putin...
Crypto Exchange Bybit Granted In-principle Approval to Operate in Kazakhstan
31.5.2023
Cryptocurrency exchange Bybit has received an in-principle approval to work in Kazakhstan, a jurisdiction increasingly seen by crypto companies as a gateway to the former-Soviet space. The trading platform wants to expand its presence in the region and other emerging markets. Bybit on Route...
Game Developers Open Up About The ‘Worst’ Games They Worked On
30.5.2023
Last week, Daedalic Entertainment, the developers of the stealth adventure J.R.R. Tolkien video game The Lord of The Rings: Gollum, posted an apology for the game failing to “meet the expectations” of players and devs alike. Although Gollum being one of the worst-rated games of 2023 on Metacritic...
That Is An Excellent Portable Computer Design
30.5.2023
Timur Kvasov is a veteran concept artist based in Serbia who has done work for companies like Tencent and 5518 Studios.Read more
Today in Crypto: Gemini Chooses Ireland for European Headquarters, Coinone Exec Admits to Bribe-for-Listing Charges, Chinese's City Reveals Metaverse Policy Draft to Attract Companies
26.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Gemini Chooses Ireland for European Headquarters, Coinone Exec Admits to Bribe-for-Listing Charges...
Microsoft urges lawmakers, companies to ‘step up’ with AI guardrails
26.5.2023
Microsoft President Brad Smith is the latest tech industry heavyweight to call for better risk management and regulation for artificial intelligence
Elon Musk Discusses Creating AI Giant to Challenge Google, Microsoft — Suggests Twitter and Tesla Could Play a Role
25.5.2023
Tesla CEO Elon Musk says “there should be a significant third horse” in the artificial intelligence (AI) race besides Microsoft and Google. The billionaire suggested that his companies Tesla and Twitter could partner with an AI firm similar to how Microsoft collaborates with Openai. Elon Musk...
Chinese Companies Selling Fentanyl Received More Than $27 Million In Crypto Payments: Report
24.5.2023
Chinese chemical producers selling fentanyl ingredients have received more than $27 million in crypto payments.
According to a new report by blockchain analytics firm Elliptic, approximately 90% of Chinese pharmaceutical chemical companies supplying fentanyl precursors accept cryptocurrencies like...
‘Apple and Google Are Systemic Risks to Crypto,’ Says Ex-Coinbase CTO
21.5.2023
Authorities in the U.S. and elsewhere may try to compel tech firms like Apple and Google to exfiltrate private keys from devices and apps under their control, crypto entrepreneur Balaji Srinivasan warned on social media. The former executive of Coinbase believes this would be done to remit funds...
Bank of Russia Expects Significant Growth in Digital Assets Market
20.5.2023
The Central Bank of Russia predicts an increase in the issuance of digital assets, citing some of their advantages. The monetary authority has published a report presenting the progress made by the growing industry and assessing the prospects for its further development. Russia’s Central Bank...
Bitpay Ceases Prepaid Mastercard Program, Promises Enhanced Card Service in the Future
19.5.2023
Cryptocurrency proponents in the United States are facing increasing challenges when it comes to utilizing digital assets for expenditures. Several crypto companies have encountered difficulties in securing banking partners. This week, Bitpay, a prominent player in the crypto payments sector, made...