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A Recent SEC Filing Shows the World’s Largest Asset Manager Blackrock Plans to Launch a Metaverse ETF
30.9.2022
According to a recent filing, Blackrock, the multi-national investment company based in New York City and the world’s largest asset manager, has plans to create a new exchange-traded fund (ETF) based on metaverse companies. The fund — dubbed the Ishares Future Metaverse Tech...
GameStop Pre-Orders Are A Mess Right Now, Staff Say
30.9.2022
“Is there anything you want to pre-order?” Almost nobody walks in and out of a GameStop without hearing those words. Employees are measured against how many pre-orders they can rack up while GameStop rakes in the cash months ahead of a game’s actual release. But lately, the strategy has been...
Uzbekistan Introduces Monthly Fees for Crypto Companies Effective Immediately
30.9.2022
The new regulations also require crypto custody platforms, mining pools and individual miners to pay monthly fees to the government
BlackRock’s newest ETF invests in 35 blockchain-related companies
30.9.2022
“We believe digital assets and blockchain technologies are going to become increasingly relevant for our clients,” said BlackRock ETF product strategist Omar Moufti
Bittrex, Merkle Science, Bitgo Join Crypto Market Integrity Coalition
30.9.2022
Following the introduction of the Crypto Market Integrity Coalition (CMIC) with 17 member firms last February, the organization has added eight new members. New coalition recruits include Bittrex, Merkle Science, Crystal Blockchain and Bitgo. 8 Crypto Market Firms Join Crypto Market Integrity...
All The Games We Might Lose Forever When Google Stadia Dies
29.9.2022
Earlier today, Google confirmed that its shutting down Stadia, its short-lived cloud gaming service. While the company plans on refunding all software and hardware purchases related to Stadia, the future of the few remaining exclusives on the service is less clear. And if they don’t get ported...
Google Kills Stadia, Its Cloud Gaming Service, Refunding Everyone
29.9.2022
Google is shutting down its video game streaming service, Stadia, on January 18th, 2023, the company announced today. All purchases will be refunded and the technology will still be used for YouTube and other parts of its business, but the consumer-facing app and storefront will be shuttered...
Brazilian Police Raid 15 Companies as Part of Crypto ‘Pyramid Scheme’ Bust
28.9.2022
Federal police officers in Brazil have performed search-and-seize raids at 15 firms in two states in a bid to break up a suspected crypto-themed “pyramid scheme.”
Per Agência Brasil, the country’s national public news agency, officers swooped on 15 unnamed companies based in the states of Santa...
California Launches Crackdown on 11 Crypto Firms Accused of Operating Ponzi Schemes
28.9.2022
The California Department of Financial Protection and Innovation (DFPI) has cracked down on 11 cryptocurrency companies that are accused of violating California securities laws. Nine of the firms reportedly solicited funds from investors in order to trade cryptocurrencies on the customer’s...
Take-Two Ditches Outriders Developer's Latest Action-Adventure Game
27.9.2022
Developer People Can Fly has just received another blow of bad news. After learning earlier this year that the studio didn’t see a penny of profit from Outriders during 2021, it’s now been revealed that Rockstar and 2K Games parent company Take-Two has made clear its intent to abandon publishing...
Nanjing University Sets Up One of the First Metaverse Majors in China
27.9.2022
Nanjing University in China has reportedly launched one of the first majors in the country dedicated to the study of metaverse-related knowledge. The university, located in eastern China, stated that this new push is directed to impart new metaverse-related courses that will help more students...
Streamer Kai Cenat Calls Out Twitch After Overtaking xQc For Most Subs
26.9.2022
Kai Cenat provided a bright spot at the end of what was a very bad week for Twitch. The 20-year-old streamer managed to crack 80,000 paid subs, overtaking Félix ‘xQc’ Lengyel to become the most subscribed English-speaking channel on Twitch. A tearful mid-stream call with his mom summed...
Web3 Metaverse Company Hadean Raises $30 Million in Series A Funding Round Backed by Epic Games and Tencent
26.9.2022
Hadean, a company using computing to scale virtual and metaverse worlds, has successfully closed its Series A funding round, raising $30 million. Among the companies that invested were gaming giant Epic Games and Chinese entertainment behemoth Tencent. Hadean aims to keep developing...
WEF Launches Crypto Sustainability Coalition to Leverage Web3 Technologies in Climate Change Battle
26.9.2022
The World Economic Forum (WEF) has launched the Crypto Sustainability Coalition, an initiative dedicated to assessing the role of Web3 technologies in the fight against climate change. The organization, which is composed of 30 companies, educative groups, and other institutions, will research...
Crypto Crash Prompts Founder Exodus - Can The Companies They Built Survive and Thrive?
23.9.2022
Kraken has appointed a new CEO after founder and current chief executive Jesse Powell stepped down two days ago, with Powell citing a desire to devote more time to the exchange's products as his main reason for vacating his position. Powell will continue to serve as chairman of Kraken's board...
Brazilian Federal Police Launch Operation Colossus, 6 Cryptocurrency Exchanges Involved
23.9.2022
The Brazilian Federal Police and the Brazilian tax authority have launched the final stage of “Operation Colossus,” a movement that has executed hundreds of court orders against cryptocurrency exchanges, arbitrage agents, and fake companies in four states of the country....
Twitch Streamers Are Pissed That Amazon Is Taking More Of Their Money For BS Reasons
22.9.2022
Yesterday, the president of Twitch, Dan Clancy, announced a change to the revenue system that would mean some of the top performing Twitch streamers will get less money. According to Clancy, Twitch was making this change in order to afford increasing server costs.The changes would not affect “the...
‘GameStop Daycare’ Is A Thing And Employees Are Tired Of It
22.9.2022
Gamers of a certain age have fond memories of that first time they played Super Mario 64 or another Nintendo classic at the demo station in the mall. It felt like you were touching a piece of the future. Maybe you played for hours. What they probably don’t remember is how much it pissed off...
Former Suicide Squad Game Writer Turns Down Award Over Sexual Harassment Allegations
20.9.2022
Kim MacAskill, a writer whose career includes work on upcoming Rocksteady game Suicide Squad: Kill the Justice League, was recently nominated for a lifetime achievement award by the nonprofit organization Women in Games. However, she recently took to Twitter to announce that she cannot in good...
Study: Samsung Named Most Active Investor in Crypto and Blockchain Startups
19.9.2022
Between September 2021 and mid-June 2022, Samsung invested in 13 crypto/blockchain companies thus making the South Korean corporation the most active among the top 40 corporations. Google’s parent Alphabet firm, on the other hand, tops the category of top corporations that participated...