Japan’s Minister of Economy, Trade, and Industry, Takeru Saito, recently unveiled tax reforms designed to support the development of startups in the Web3 and blockchain sectors. This announcement signifies Japan’s commitment to fostering innovation in the rapidly evolving digital landscape. A Vision for Web3 Innovation During the WebX Conference in Tokyo, Minister Saito emphasized the
NFT
The recent Wells notice issued by the U.S. SEC to OpenSea has generated significant discussions around the regulation of digital assets, particularly non-fungible tokens (NFTs). The SEC has raised concerns that certain NFTs traded on the platform may qualify as unregistered securities, potentially implicating OpenSea itself in unlawful activities. This development has raised questions about
The NFL Rivals mobile game, which is licensed by the National Football League (NFL) and the NFL Players Association, has recently announced a partnership with the Kansas City Chiefs. This collaboration comes ahead of the upcoming NFL season in 2024, marking the second year of the game’s existence. As the “Official Mobile Game of the
Blowfish Studios, a game developer under the Animoca Brands umbrella, is creating waves in the gaming industry with their latest project, DarkTimes. This medieval-themed multiplayer PvP game is not just your standard battle royale; it is a brawler royale that promises a unique gaming experience for players. Set in a dark and fantastical world inspired
When delving into the world of cryptocurrency, one might ponder the age prerequisites for purchasing and selling digital assets. Is there a minimum age limit for buying cryptocurrencies legally in 2024? Are there contrasting age regulations for selling crypto compared to buying it? Having insight into these age restrictions is crucial for abiding by legal
Gameplay Galaxy, a rising star in the blockchain gaming sector, has recently secured an impressive $11.17 million in a seed extension round. This latest funding has brought the company’s total valuation to $71 million, with a total funding of $24 million. The primary focus of this seed extension round is to support the development of
Meta’s recent decision to cancel the development of their next-gen mixed-reality headset has sent ripples through the tech community. CEO Mark Zuckerberg and other executives made the call after a product review meeting where they deemed the project unviable. Initially positioned as a direct competitor to Apple’s Vision Pro, the cancellation was primarily driven by
Sony Blockchain Solutions Labs, a subsidiary of the Sony Group, has partnered with Startale labs to introduce an innovative blockchain platform named Soneium. The primary goal of this project is to bridge the gap between Web3 and Web2, making blockchain technology more accessible and user-friendly for the general population. The focus is on creating a
In a groundbreaking move, the Federal Bureau of Investigation (FBI) has announced its decision to utilize Non-Fungible Tokens (NFTs) to return $1.14 million to victims of the CluCoin fraud. This marks the first instance of law enforcement agencies leveraging NFTs to facilitate the recovery of funds for fraud victims. The use of NFTs in this
Aethir and Return Entertainment have joined forces to bring cloud-based gaming experiences directly to your living room. This exciting collaboration aims to provide high-quality cinematic gaming adventures on your TV by combining Aethir’s powerful GPU cloud infrastructure with Return Entertainment’s innovative streaming platform. This partnership is not only beneficial for gamers but also for streaming