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Fantasy Battle Royale Spellbreak Shutting Down, Studio Absorbed By Blizzard
29.6.2022
Spellbreak, the magic-based battle royale, is spellbroken, shutting down early next year, developer Proletariat announced in a blog post. Also, the whole studio is getting absorbed by Blizzard, the result of a recent acquisition intended to beef up development on World of Warcraft.Read more
Russian Parliament Adopts Tax Rules for Digital Assets
29.6.2022
Russian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases, the burden for Russian companies will be reduced as compared to foreign entities. Russian Duma Passes...
Xbox Head Defends Bethesda In Wake Of Crunch Allegations
28.6.2022
At an all-hands meeting on Thursday, Xbox addressed the growing employee concerns about labor conditions at Bethesda Game Studios and its parent company, ZeniMax. Matt Booty, head of Xbox Game Studios, said he was “confident” that the studio was not crunching, and that it was “unfair” to attribute...
RIP Bernie Stolar, Who Helped Launch Both The PlayStation And Dreamcast
27.6.2022
Bernie Stolar, one of the most important video game executives of the 1990s, has passed away at the age of 75, GamesBeat reports.Read more
Japanese Virtual IP Firm Raises $10 Million to Accelerate Metaverse Business
25.6.2022
Brave Group Inc., a Japanese virtual IP firm, recently said it had raised $10 million in new capital and that the company expects to use part of these funds to boost its “solution services for clients in the metaverse marketing business.” Taking part in Brave Group’s latest...
Meta, Microsoft, and Others Launch Metaverse Standards Group
23.6.2022
Meta, Microsoft, and 31 more companies have united to form an organization to promote the creation of open standards regarding metaverse tech. The institution, named the Metaverse Standards Forum, will focus on establishing standards to make each one of the metaverses on the internet interoperable...
Bobby Kotick Is Staying On Activision Blizzard's Board, Ew
22.6.2022
Just yesterday, Activision Blizzard shareholders voted to approve a report looking into the company’s anti-harassment efforts. While the company itself is “carefully considering” that, stockholders also gave the green light to the Board of Directors nominees, which included shitty CEO Bobby Kotick....
Bank of Spain Has Registered 17 Crypto Companies, Big Names Still Missing
21.6.2022
The Bank of Spain has already included 17 virtual asset service providers in its own registry, in which cryptocurrency exchanges and custody providers must be listed to operate, according to Spanish law. Three new companies were included last week, but big names in the crypto ecosystem are still...
Activision Stockholders Vote To Release Annual Harassment Reports, Company Will 'Consider' It
21.6.2022
Today, Activision Blizzard shareholders voted to approve a proposed annual report that would document the company’s ongoing efforts to stop workplace abuse and harassment as well as catalog the company’s total number of sexual harassment settlements and pending complaints. Read more
Visa Launches Bitcoin and Crypto Enabled Cards in Latam
21.6.2022
Visa, one of the biggest payments companies in the world, has announced the launch of a series of crypto-enabled cards in partnership with several fintech startups in Latam. These cards will allow users to spend crypto, purchase crypto where Visa cards are accepted for such, and also receive crypto...
Tony Hawk Says A Pro Skater 3+4 Remake Was Killed By Activision's Moves
21.6.2022
From 1991 until 2021, Vicarious Visions was the name of a studio that made a ton of pretty cool licensed games, but which had also contributed to the beloved Tony Hawk Pro Skater series. Then Activision stepped in and made some changes.Read more
Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors
19.6.2022
Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by the plaintiff Nick Patterson on behalf of others...
Report: Bitmex, Deribit Liquidate 3AC’s Positions — Negativity Continues to Plague the Crypto Hedge Fund
17.6.2022
Two days ago, Bitcoin.com News reported on the crypto hedge fund Three Arrows Capital (3AC) after reports claimed that the company was allegedly struggling with financial hardship and possible insolvency. Now the crypto firm Finblox is feeling the effects of 3AC’s troubles, and a few digital...
Elon Musk, Tesla, Spacex Facing $258 Billion Lawsuit for Promoting Dogecoin
16.6.2022
Elon Musk, Tesla, and Spacex are being sued for $258 billion over claims that they “are engaged in a crypto pyramid scheme (aka Ponzi scheme) by way of dogecoin cryptocurrency.” The lawsuit states that Musk and his companies “falsely and deceptively claim that dogecoin is...
Self-Custody Is More Than a Feature – Dennis Jarvis, CEO of Bitcoin.com
16.6.2022
While markets are going up, people get more comfortable putting their cryptoassets into trusted third parties such as centralized exchanges and centralized lending platforms that promise increasingly enticing returns. The good times never last, though. As markets peak and monetary policy tightens...
Co-founder of Argentinian Tech Giant Globant Thinks Companies Should Take Metaverse, NFTs, and Crypto Seriously
14.6.2022
Guibert Englebienne, co-founder of Globant, an Argentinian software development company, stated that all companies should be aware of what nascent technologies such as crypto, NFTs, and the metaverse are offering. Englebienne explained that these new technologies might disrupt the operations...
Crypto Lending Company Blockfi Cuts Staff by 20%
13.6.2022
On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business and it will be laying off “roughly 20%” of its staff. The message written by Blockfi co-founders Zac Prince...
Bermuda's Crypto Companies Are Launching an Industry Association
9.6.2022
Report: South Korea to Recruit Companies for Metaverse Content Creation Project
7.6.2022
The South Korean science and ICT ministry has said it will recruit companies that will participate in its 2022 Metaverse Content Creation Project. A director in the ministry said the project is being promoted as part of the country’s industry-leading metaverse strategy. Building Trust in...
Bitso Partners With Addem Capital to Provide Cryptocurrency Investment Instruments in Latam
7.6.2022
Bitso, the Mexico-based cryptocurrency exchange, has announced a new partnership with Addem Capital, a debt fund that provides startups and other companies with financing options. The cryptocurrency exchange will process payments for the fund and provide conversion functions, allowing it to accept...