The recent Wells notice issued by the U.S. SEC to OpenSea has brought to light the potential issues surrounding digital-asset regulation. The SEC alleges that some NFTs traded on the platform could be considered unregistered securities, which raises questions about the legality of OpenSea itself. This move by the SEC is part of their broader
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The mobile game NFL Rivals, in collaboration with the National Football League (NFL) and the NFL Players Association, has embarked on a groundbreaking partnership with the Kansas City Chiefs, the reigning champions of Super Bowl LVIII. This exciting venture marks a new chapter for NFL Rivals as it becomes the “Official Mobile Game of the
Japan’s Minister of Economy, Trade, and Industry, Takeru Saito, recently unveiled tax reforms aimed at fostering the growth of startups in the Web3 and blockchain sectors. This initiative was announced during the WebX Conference, Tokyo’s premier event focused on cryptocurrencies. Saito’s announcement underscored the Japanese government’s commitment to creating an enabling environment for innovation in
Blowfish Studios, a prominent game studio under the Animoca Brands umbrella, has been hard at work developing their latest creation – a medieval-themed multiplayer PvP game called DARKTIMES. Set in a dark and fantastical world inspired by Nordic mythology, DARKTIMES aims to revolutionize the gaming industry by integrating the Sui blockchain into its gameplay, with
When it comes to entering the world of cryptocurrency trading, it is crucial to have a clear understanding of the age requirements for buying and selling crypto assets. In 2024, the minimum age to legally purchase cryptocurrencies is typically 18 years old. This age restriction is commonly applied by centralized exchanges to comply with Know
Gameplay Galaxy, an emerging player in the blockchain gaming industry, has recently closed a seed extension round amounting to $11.17 million. This latest funding round has propelled the company’s total valuation to $71 million, with a cumulative funding of $24 million. The primary use of the funds from this seed extension round will be to
Sony Blockchain Solutions Labs, a subsidiary of the Sony Group, has recently partnered with Startale Labs to introduce an innovative blockchain platform called Soneium. The primary goal of this collaboration is to bridge the gap between Web3 and Web2, aiming to make blockchain technology more accessible and user-friendly for individuals. This initiative seeks to provide
Meta’s recent cancellation of their next-generation mixed-reality headset has sent shockwaves through the tech community. The decision, made after a product review meeting led by CEO Mark Zuckerberg, has raised questions about the company’s strategic direction. The high costs associated with advanced OLED display technology were cited as a primary reason for the cancellation. This
The Federal Bureau of Investigation has taken a bold step in utilizing Non-Fungible Tokens (NFTs) to return $1.14 million to victims of the CluCoin fraud. This unprecedented move marks the first time that law enforcement agencies have employed NFTs to provide restitution to victims of fraud. By leveraging NFTs, the FBI aims to revolutionize the
The partnership between Aethir and Return Entertainment marks a significant step forward in the world of cloud-based gaming. By combining Aethir’s enterprise-grade GPU services with Return Entertainment’s streaming platform, they are aiming to provide cinematic scalable gaming adventures directly to your living room TV. This collaboration is not only beneficial for gamers but also for
