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Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis
18.1.2023
According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Securities and Exchange Commission (SEC) charging a subsidiary firm of DCG, Genesis...
Microsoft Slashes 10K Jobs, Including At Xbox And Halo Studios
18.1.2023
Following rumors earlier this week from Sky News, tech giant Microsoft has announced a slew of layoffs affecting 10,000 workers, some within its game studios, blaming slowing e-commerce sales and a potential economic recession. Kotaku has confirmed that a number of developers at 343 Industries,...
Would a Clear Out of Crypto Moguls and Their Centralized Companies Be Good for the Digital Asset Class?
18.1.2023
As more and more crypto companies face scrutiny – and some throw in the towel after a rough bear market - questions are being raised whether that could be a good thing for crypto after all....
Read More: Would a Clear Out of Crypto Moguls and Their Centralized Companies Be Good for the Digital...
French Crypto Companies Must Seek Authorization by 2024 Under New Lawmaker Plans
18.1.2023
The French National Assembly plans offer more time than a Senate proposal, as the country prepares for a new EU crypto law
'AI Art' Companies & DeviantArt Are Being Sued By Artists
15.1.2023
Stability AI and Midjourney—two of the biggest names in the exploding field of AI-generated imagery—and portfolio site DeviantArt have become the target of a class action lawsuit, filed in California on behalf of artists.Read more
DMCC Crypto Centre Surpasses 500 member companies in 2022
14.1.2023
The presence of over 500 blockchain and Web3 firms inside the Dubai Multi Commodities Centre (DMCC)’s Crypto Centre shows that demand for space is still very high, a statement has said. According to CEO at DMCC Ahmed Bin Sulayem, the “record-high” number of overall new company...
Released Today, The Last Google Stadia Game Is A Piece Of History
13.1.2023
If you haven’t heard, Google Stadia is shutting down and closing shop next week. But before the never-quite-successful game streaming service dies, it has provided one neat (and free) little gift you can only play for a few days before it all goes offline. Read more
Bitcoin Mining Companies Need to Better Manage Risk
13.1.2023
Web3 can help artists and companies manage music metadata: B2B music exec
13.1.2023
Web3 features such as NFTs and blockchain-based systemization offer clarity and a new sense of accessibility to managing music metadata
Cryptocurrency Exchanges Still Fighting Private Banks for Right to Open Bank Accounts in Chile
13.1.2023
The conflict between banks and cryptocurrency exchanges in Chile is still developing, as some banks are reticent to serve this kind of institution. A new report prepared by exchanges reports that most of these banks refuse to include crypto companies as customers for risks that are nevertheless...
After FTX, Crypto Companies No Longer Have ‘Benefit of the Doubt’ on Capitol Hill, Says Congressman
12.1.2023
U.S. Rep. Jim Himes says that following the collapse of FTX, lawmakers have their “shields up."
15 ways crypto companies can be more transparent with customers
12.1.2023
Full transparency around transactions, projects and technologies is the only way crypto can grow as an industry
Why Blockchains Are as Important as ERP for the Future of Companies
11.1.2023
The next stage of blockchain technology may not have whizz-bang of the crypto bull run, but, as real use cases are developed, it can revolutionize how enterprises are run, says EY's Paul Brody
Metaverse Can Build Access for Big Companies, Says Virtual Brand Group CEO
10.1.2023
The metaverse-building company is looking to leverage the digital ecosystem so big brands can expand their demographic footprint while increasing their revenue streams
Bank of France Governor Calls for Mandatory Licensing for Crypto Companies
8.1.2023
France has to adopt a licensing regime for crypto service providers, the head of the country’s central bank has suggested. According to the executive, the need to tighten regulatory oversight stems from the “disorder” in the industry throughout the past year. Licensing Should Replace Registration...
Crypto Miners in Kazakhstan Start Paying Higher Electricity Fees
7.1.2023
Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint digital coins. A surcharge introduced in 2021 now depends on the price of electricity consumed by bitcoin farms and can be much higher than the original levy....
IRS Official: Crypto Is Here to Stay and ‘Becoming More Legitimate’
7.1.2023
A top Internal Revenue Service (IRS) official says, “Cryptocurrency is here to stay,” and “it’s becoming more legitimate.” The official added that the U.S. tax authority is looking to partner with crypto companies, noting: “I don’t see how we can operate...
Crypto companies aim to build trust within future products and services
6.1.2023
Companies are taking new approaches to building trust within Web3 and crypto products
Oops: Microsoft Called FTC Unconstitutional, Regrets The Error
6.1.2023
Today, Microsoft filed a revised response to the United States Federal Trade Commission’s lawsuit intended to stop the tech giant from buying up Call of Duty publisher Activision. The initial filing contained multiple arguments claiming the FTC itself and its court system were unconstitutional....
Guy Allegedly Stole Hundreds Of Thousands From Work And Then Lost It All On GameStop
5.1.2023
Crime never pays. Unless you get away with it. Ermenildo “Ernie” Castro seemingly did not. The former software engineer at Zulily is accused of stealing over $300,000 from the online retailer through a scheme straight out of the 1999 slacker revenge movie Office Space. He now claims the money’s...