The fintech giant Square is changing its name to Block, effective December 10. The name change, which has been in the works for over a year, is intended to house the company’s various products — including music streaming service Tidal, Cash App, TBD, and of course, Square — under one brand. This announcement comes just […]
Sequoia backs blockchain scaling startup StarkWare at $2 billion valuation
As the crypto world continues to heat up, developers are clinging to the Ethereum network despite its general struggle to meet the stresses of a global network’s transaction load. To speed and cheapen transactions on Ethereum, developers are looking toward so-called Layer-2 (L2) blockchains, which build on the Ethereum network, offloading the computational stresses while […]
26 NFT Developers Send Very Sad Letter To Valve After Steam Ban
Earlier this month Valve instituted a ban on all cryptocurrency and NFT sales on Steam, which not only laid down rules governing the future sales (or lack thereof) of titles on its platform, but also booted a few games off that had already launched and…
Ubisoft Is Getting Into The Blockchain Grift
At this point, we’re all just holding out hope that our favorite video game franchises aren’t getting into weird crypto shit. Sometimes, it’s a vain hope. In today’s second quarterly earnings report, Ubisoft said it is exploring blockchain for games. R…
Ethereum: The great handshake
Ethereum and the emergence of Web 3.0 paint a shifting picture — an internet not just private, but open and transparent by default.
Good Riddance: Steam Bans Games That Feature Crypto And NFTs
Damn. Good Guy Steam is (sort of) back. The developer of an upcoming NFT-based PC game revealed in a tweet that Steam is no longer allowing games built on blockchain technology or that “issue or allow exchange of cryptocurrencies or NFTs.” Indeed, Valv…
Ben Rubin explains why the Web3 era of social media will help everybody get paid
After a decade of a handful of social media companies trading what are essentially publishing tools in exchange for serving us all an endless deluge of ads, the winds of change are finally blowing.
Ukraine’s crypto legislation is a step in the right direction
With corruption, unlawful asset seizures by politicians and the collapse of several of Ukraine’s prominent banks, it is only reasonable that the decentralized nature of Bitcoin appeals to the people.
NBA Top Shot creator on the NFT craze and why Ethereum still isn’t consumer friendly
We caught up with the Dapper Labs CEO at TechCrunch Disrupt 2021 last week to discuss the challenges facing the crypto space, the future of Ethereum, and how quickly NFTs blew up this year.
New Treasury sanctions take aim at blocking ransomware groups from cashing out
The U.S. Treasury is wading into the fight against ransomware by sanctioning virtual cryptocurrency exchange Suex for its role in facilitating ransomware payments. The sanctions are the first of its kind against a cryptocurrency exchange, and prohibit Americans from doing business with the company. It’s the latest action as part of a U.S. government-wide effort […]