UK study flags metaverse as a potential hotbed for copyright violations, urging updated IP regulations. Researchers in the United Kingdom have examined the suitability of the current intellectual property (IP) laws and how they apply to emerging technologies such as
Game7’s State of Web3 Gaming 2023 report reveals Asia-Pacific’s lead in game development and the U.S.’s dominance in funding, offering a deep dive into the evolving landscape of blockchain-based gaming. The report, led by George Isichos and Steven Chen from
An influencer-led esports league advertised by YouTube creator MrBeast plunged into chaos soon after its announcement on Saturday when the influencers leading it learned its connection to blockchain and NFT technology. CDawgVA, one of the eight influencers signed up to
Software developer Udi Wertheimer made sensational claims on Twitter this week, suggesting Bitcoin founder Satoshi Nakamoto supported the first NFT transaction on the Bitcoin blockchain – the sale of a picture worth 500 BTC. His comments come as Casey Rodarmor’s
The European Union is reportedly planning to include non-fungible tokens (NFTs) and foreign companies in the upcoming crypto tax, reported Coindesk. The EU has prepared a draft text, known as the eighth directive on administrative cooperation (DAC8), which would require
Team members at NFT lending protocol ParaSpace have accused project founder Yubo Ruan of withholding corporate funds worth millions of dollars. In March, ParaSpace recovered $5 million from a platform hack – but the team now claims Ruan kept the
The average cost of sending a transaction over the Bitcoin (BTC) blockchain soared 960% to $31.14 since the start of this month, according to BitInfoCharts data, driven up by bitcoin NFTs made with the Ordinals protocol. Created by software developer
High-profile industry veterans are quitting their posts in gaming to join Yuga Labs and build the Bored Apes metaverse Otherside. Mike Seavers is Yuga Labs’ latest recruit, leaving Epic Games to take on the role of CTO on May 22.
The number of daily bitcoin transactions hit a fresh high over the weekend, just days after Grayscale published a report praising the effect of Ordinals on the crypto network. On Saturday, the average number of daily transactions over the previous
This past weekend Yuga Labs, the owner of popular NFT collection Bored Ape Yacht Club, hosted the ‘Second Trip’ to its Otherside metaverse, with thousands of users taking part. The maiden journey to the Otherside metaverse took place last July
A fully-audited marketplace for Ordinals NFTs is now available on Magic Eden. Through the popular platform, NFT traders will be able to list, buy and sell over 70 Ordinals collections, with Magic Eden also integrating support for Bitcoin wallets Hiro
Meta, the parent company of Facebook, Instagram, and Whatsapp, has announced that it will slash its workforce by a further 10,000 jobs, having laid off 11,000 employees in November of last year. The news of the layoffs came directly from
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