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Turkish Draft Law Regulating Cryptocurrencies Enters Parliament in October
21.7.2021
The Turkish government has prepared a bill designed to implement new regulations for the country’s crypto space. The legislation, which will be filed in the parliament this fall, will introduce taxation for crypto holdings and specific capital requirements for companies operating with digital...
Tencent's Buying Spree Continues With Majority Stake In Battlerite developer Stunlock Studios
20.7.2021
Yesterday, Kotaku reported that Tencent wants to buy British game maker Sumo Group for an eye-watering $1.3 billion. Today, we’re reporting that the Chinese conglomerate acquired a majority stake in Stunlock Studios.Based in Sweden, Stunlock Studios is best known for free-to-play Battlerite, which...
A Way For Twitch Streamers To Avoid DMCAs That Might Actually Work
19.7.2021
Despite unprecedented growth and burgeoning mainstream acceptance—or perhaps, in part, because of them—Twitch’s past year and change has been defined by DMCA woes. While it doesn’t seem like they’re going to abate anytime soon, a developer has created an intriguing workaround.Read more
Tencent Buys Sumo Group For $1.3 Billion
19.7.2021
British company Sumo Group, whose various studios have worked on everything from Hitman to Forza to Disney Infinity, has been bought by Chinese giant Tencent for a whopping $1.3 billion, Reuters report.Read more
Jackson, Tennessee Mayor Praises Bitcoin’s Benefits Against Inflation, Aims to Create a BTC Hub
18.7.2021
Jackson, Tennessee’s mayor is a fan of bitcoin and he wants the city to become a bitcoin hub in order to entice technology companies and innovation. Jackson’s mayor Scott Conger is in the midst of discussing creating legislation that allows Jackson residents to pay property taxes with...
Tencent Patent Wants To Let You Pass Down V-Bucks After Death
15.7.2021
Tencent recently obtained a patent relating to digital asset inheritance that might allow games to pass on in-game items and currency when they die. According to video game industry analyst Daniel Ahmad, who first spotted the news on Monday, the Chinese tech giant originally filed for the patent...
Gamble Crypto with ZenBet - One of the Most Trusted Betting Companies
13.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
With the UEFA Euro 2020 and Wimbledon 2021 being close to their final games, now is the best time to try your luck and bet on your favorite teams and athletes.
And what better platform to use than ZenBet -...
UK Advertising Watchdog to Crack Down on ‘Misleading’ Crypto Ads
13.7.2021
The Advertising Standards Authority (ASA), the U.K. advertising watchdog, declared it would crack down on misleading ads promoting cryptocurrency investments. The organization will include cryptocurrency campaigns as a “red alert” priority in the financial marketing department....
Some Chinese Crypto Companies Still Hiring Employees Despite Crackdown
13.7.2021
China’s most recent crypto crackdown may not be as watertight as first thought – with reports from the Middle Kingdom claiming that some domestic crypto-related companies are still recruiting new staff.
Per the China Securities Journal, via East Money, a number of firms in cities such as...
Grayscale Investments’ Diversified Cryptocurrency Fund Now an SEC Reporting Company
13.7.2021
Grayscale Investments now has three SEC reporting funds, with the newest addition being the Digital Large Cap Fund. The company has also filed to make three other funds SEC reporting companies. Grayscale Investments, the world’s largest crypto asset manager, made two announcements Monday....
Your Future PC Might Have A PS5 Chip Inside
12.7.2021
This is the AMD 4700S Desktop Kit, a small piece of hardware that combines a CPU, cooler, and memory on a tiny motherboard. It’s basically a mostly self-contained computer system that will soon be appearing in more than 80 different machines from AMD’s system integration partners. It’s also...
Thailand Sees Rising Adoption of Cryptocurrencies as Means of Payment — Warns of Risks
11.7.2021
Bank of Thailand says a growing number of companies are asking for payments in cryptocurrencies, such as bitcoin and ether. The central bank reiterates its stance on crypto and warns of the risks of using them as a means of payment. The Bank of Thailand (BOT), the country’s central bank...
Riot Blockchain Bitcoin Production Jumps More Than 400% Year-on-Year Amidst Mining Exodus
10.7.2021
Riot Blockchain, a Nasdaq-listed mining company, reported Thursday on its Bitcoin production last month. The company’s numbers jumped a little more than 400% year-on-year, as a result of the increase in mining power. The recent mining crackdown in China is also helping companies like Riot...
Bizarre Scarlet Nexus Shadow Glitch Gets Fixed
9.7.2021
A recent Scarlet Nexus update revealed that Bandai Namco’s stylish action RPG wasn’t rendering character and enemy shadows on PC if it was being played in several non-English languages. Even the biggest video games are technical marvels held together by hopes, dreams, and duct tape, but this takes...
Visa and 50 Crypto Platforms to Enable Cryptocurrency Payments at 70 Million Merchants
9.7.2021
Visa Inc. announced Wednesday that the transactions via crypto-linked Visa cards exceeded $1 billion in the first quarter. The company further said that it is partnering with 50 major cryptocurrency platforms “to launch card programs that make it easy to convert and spend digital currency...
Konami Fires Soccer Star After Racism Controversy
8.7.2021
Last month, Barcelona and France star Antoine Griezmann was announced as a global ambassador for Yu-Gi-Oh! He’s now been dropped from that role after a video emerged of a teammate saying some pretty bad shit to their Japanese hotel staff.Read more
Your Summer 2021 Anime Guide
7.7.2021
In Japan right now, it’s the rainy season. The humidity is kicking in, and we’re just waiting for the sweltering heat. Maybe it’s hot where you are. Maybe you should stay inside and watch anime. Read more
Report: Fintech’s Growing Popularity a Threat to Profitability of Nigerian Banks
7.7.2021
Financial technology companies (fintechs) are now among the biggest threats to the overall profitability of Nigerian banks, analysts from the country’s Coronation Merchant Bank (CMB) have warned. The Efficiency of Fintech As a report carried by local media explains, this threat from fintech...
Crypto Derivatives Exchange Bybit to Introduce Stringent KYC Policy
7.7.2021
The British Virgin Islands-based Bybit Fintech Limited has announced the cryptocurrency derivatives exchange is introducing an updated know-your-customer (KYC) policy on July 12. Bybit notes that it already had certain KYC requirements implemented, but the new system reform is meant...
China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning
7.7.2021
The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in cryptocurrency transactions. The central bank also warned organizations not to “provide premises, commercial display, advertising … and other services...