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TerraUSD, Terra LUNA Price Drop As Algorithmic Stablecoins Face Ban


The USTC, LUNA and LUNC price are in the red today amid breaking news that a House stablecoin bill could see coins like TerraUSD banned for two years. Bloomberg, who obtained a copy of the proposed stablecoin bill, reported: Stablecoin legislation being drafted in the House would place a two-year...

Tornado Cash Ban Will Aid China’s AI Goals


The U.S. government's decision to sanction Tornado Cash and force blockchains to make transaction data public has dangerous geopolitical implications in the tech race against China

Diablo Immortal Community Faces New Unrest Over Ill-Gotten Orbs, Lack Of Bans


In the real world, everything runs on Dunkin. In Diablo Immortal, it’s powered by orbs. Eternal Orbs, to be precise. And players are once again reckoning with the mobile action-RPG’s microtransaction economy after Blizzard announced that players who’d purchased hundreds of thousands of illicit orbs...

US Lawmaker Says ‘Too Much Money and Power’ Behind Crypto to Ban It


U.S. Representative Brad Sherman says Congress has not banned crypto because “there’s too much money and power behind it.” He elaborated: “Money for lobbying and money for campaign contributions works, or people wouldn’t do it, and that’s why...

Steam Bans Scammers After Dev Reveals Potential Shady Game Reselling


Earlier this week, a developer’s Twitter thread about shady Steam curators who potentially lie to get free game codes went viral. In the thread, using a bit of a sting-like operation to support his suspicions, the dev theorized that these shady curators take game keys and sell them instead of using...

Nintendo Bans Splatoon 3 Cheaters Before The Game's Even Out


Splatoon 3 fans were treated to a nice surprise this past weekend when Nintendo staged a special Splatfest event before the game’s official release. This gave folks a chance to download and play a demo of the colorful shooter ahead of its September 9 release date. However, players bold enough...

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