The recent Wells notice issued by the U.S. SEC to OpenSea has put the spotlight on digital-asset regulation and raised concerns about the classification of NFTs as unregistered securities. This development has sparked discussions about the potential consequences for OpenSea, the NFT market, and the broader crypto industry. The SEC’s allegation that some NFTs traded
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Japan’s Minister of Economy, Trade, and Industry, Takeru Saito, recently announced tax reforms aimed at fostering the growth of startups in the Web3 and blockchain sectors. This announcement was made during the WebX Conference in Tokyo, Japan’s largest event dedicated to cryptocurrencies. Saito’s goal is to create a favorable environment for innovation and attract international
Blowfish Studios, a game studio under Animoca Brands, is set to release a groundbreaking new medieval-themed multiplayer PvP game called DarkTimes. This game is not your typical battle royale; instead, it introduces a unique concept known as a brawler royale. The development team behind DarkTimes has taken inspiration from Nordic mythology to create a dark
If you are considering entering the cryptocurrency market, one important aspect to consider is the age requirements for buying and selling crypto. It is crucial to understand the legal restrictions and guidelines surrounding the minimum age needed to participate in these transactions. By having a clear understanding of these age restrictions, you can ensure compliance
Gameplay Galaxy, an emerging player in the blockchain gaming sector, has recently closed an impressive $11.17 million seed extension round. This funding boost has catapulted the company’s total valuation to $71 million, with a cumulative funding of $24 million. Co-led by Blockchain Capital and Merit Circle, this round will primarily fuel the development of Trial
Sony Blockchain Solutions Labs, in collaboration with Startale labs, has unveiled its ambitious project to bridge the gap between Web3 and Web2 through the development of Soneium. The primary goal of this blockchain platform is to make blockchain technology more accessible, scalable, efficient, and capable of solving real-world problems. Soneium functions as a Layer 2
Meta’s recent decision to cancel the development of their next-generation mixed-reality headset has sent shockwaves through the tech community. CEO Mark Zuckerberg and other executives made the call after a product review meeting where it became apparent that the project was no longer sustainable. The high costs associated with advanced OLED display technology played a
In a surprising turn of events, the FBI has decided to utilize Non-Fungible Tokens (NFTs) to return $1.14 million to victims of the CluCoin fraud. This groundbreaking move marks the first time law enforcement agencies have employed NFTs to assist victims of fraudulent activities. Through the use of NFTs, victims of the CluCoin fraud will
Aethir and Return Entertainment have joined forces to bring cloud-based gaming experiences right into your living room. By combining Aethir’s robust GPU cloud infrastructure with Return Entertainment’s cutting-edge streaming platform, this collaboration aims to deliver cinematic and scalable gaming adventures directly to your TV screen. This innovative alliance between Aethir, renowned for its enterprise-grade GPU
Bright Star Studios, the developers behind the highly anticipated MMORPG Ember Sword, made waves in the gaming industry with their decision to switch from Immutable X to the Mantle Network. This bold move is aimed at revolutionizing the gaming experience by leveraging Mantle’s cutting-edge technology. But what exactly does this transition mean for the game,