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On July 5, Jason Fung, former head of TikTok’s gaming unit, announced that he left TikTok to launch Meta0, a startup focused on blockchain video games. Fung said he left “his comfortable corporate life” at TikTok to take…

Binance CEO Changpeng Zhao is cracking down on wash trading occurring on its crypto exchange following the firm’s decision to remove fees for Bitcoin spot trades.  Wash trading is when when traders sell and buy assets from themselves or…

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The Competition and Markets Authority (CMA) in the UK is investigating Amazon on its dominant position in the UK. Amazon could be distorting competition. “Any loss of competition is a loss to consumers”, says Sarah Cardell, general…

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Regulators in Puerto Rico have issued a cease-and-desist order to a bank that is owned by bitcoin critic Peter Schiff, which has been the subject of an international investigation over tax evasion and money laundering. The news…

Play-to-earn gaming was one of the breakout sectors of the cryptocurrency market in 2021 and the trend was led by Axie Infinity (AXS), a mobile, blockchain-based game where users collect, breed, raise and battle nonfungible tokens (NFTs)…

The social media and discussion website Reddit has announced the launch of blockchain-backed collectible avatars. The collectible avatars are stored via the Polygon blockchain as the chain was chosen for its “low-cost…

When it comes to nonfungible tokens, or NFTs, the subject is often a hit or miss for traditional gamers. While some players welcome the idea of being able to trade in-game digital collectibles for real money, others lament that NFTs…