Fractal and Twitch co-founder Justin Kan gives Decrypt’s Kate Irwin an update on all things Fractal and his perspective on blockchain technology in gaming. Source: https://decrypt.co/videos/interviews/rKVvsPFb/twitch-co-founder-justin-kan-18-months-is-several-decades-in-crypto
What are crypto users doing now that the US has gone after two of the largest cryptocurrency platforms? Turning to decentralized finance, or DeFi, apparently. Back-to-back days of lawsuits from the US Securities and Exchange Commission (SEC) against the two largest cryptocurrency exchanges caused many to decry that there is a “war on crypto.” It’s a pattern the market has…
Members of the Screen Actor Guild voted Monday to authorize a strike in preparation for negotiations with the Alliance of Motion Picture and Television Producers. And as with the Writer’s Guild of America, artificial intelligence is a significant factor in SAG discussions. “I think generative AI is the game changer that presents a particular threat—and maybe some opportunities—for our members,”…
Bitcoin and most major altcoins are facing selling at higher levels, but there are no signs of panic selling at the moment. Source: https://cointelegraph.com/news/price-analysis-6-7-btc-eth-bnb-xrp-ada-doge-matic-sol-dot-ltc
The metaverse continues to expand, with industry giants and upcoming players racing to seize a slice of the potentially trillion-dollar pie. Close to $2 billion was invested in blockchain-based metaverse deals in 2022, according to Cointelegraph Research’s VC database. A 2022 report by McKinsey estimated the metaverse industry to potentially generate up to $5 trillion in revenue by 2030, an…
In this week’s newsletter, read about GameStop’s nonfungible token (NFT) platform partnership with game company Illuvium, and check out how NFTs can store digital assets, and how blue-chip NFT collaterals are being used in NFT lending. In other news, Nike’s NFTs are coming to EA Sports games, and don’t forget this week’s Nifty News, featuring upcoming blockchain games from Epic…
Excitement over the EU’s landmark crypto regulation, coined MiCA, was restrained at Brussels Blockchain Week on Wednesday, as speakers agreed it was too soon to tell if it would give the local industry the serious boost it needs. Markets in Crypto Assets (MiCA) was passed by the European Parliament in April, bringing in sweeping rules that will unify the approach…
This story comes from GG. Your Web3 Gaming Power-Up Discover GG Sabastien Borget, co-founder and Chief Operating Officer of The Sandbox, responded today to the bombshell lawsuits filed against two leading crypto exchanges this week—and addressed the impact of its SAND token potentially running afoul of U.S. securities laws. The United States Securities and Exchange Commission (SEC) ramped up its…
The United States District Court in Washington, D.C. has issued a summons for Binance CEO Changpeng Zhao on June 7, just two days after the Securities and Exchange Commission (SEC) formally sued the exchange for alleged unregistered securities operations. “A lawsuit has been filed against you,” the summons read. NEW: @binance CEO @cz_binance has been order to respond/answer the summons…
As central bankers all over the world consider issuing their own digital currency, coined CBDCs, a former member of the fold has argued that they should leave it up to the industry. Jón Helgi Egilsson, a former chairman of the Icelandic central bank’s supervisory board, said at a conference on Wednesday that central bank digital currencies (CBDCs) need not be…
