Tag: blockchain

TaxBit Executive Advocates for IRS-Inspired Clarity in Crypto Regulation

TaxBit Executive Advocates for IRS-Inspired Clarity in Crypto Regulation

• Regulation

The Securities and Exchange Commission (SEC) is receiving harsh rebuke for its heavy-handed tactics against crypto. Many are now calling for a more transparent and collaborative rulemaking framework, like the one used by the Internal Revenue Service (IRS). Miles Fuller, TaxBit’s Director of Government Solutions, thinks the SEC could take...

Walking Dead NFT Game Shuts Down: What Happens to Your NFTs?

Walking Dead NFT Game Shuts Down: What Happens to Your NFTs?

• Facts

Gala Games, a prominent player in the blockchain gaming space, has announced the shutdown of The Walking Dead: Empires, a multiplayer survival game built around Ethereum NFTs. The final playable date is July 31, 2025. This uncertainty has left NFT holders deeply concerned about what will happen to their in-game...

Gala Games Pulls Plug on The Walking Dead NFT Game

Gala Games Pulls Plug on The Walking Dead NFT Game

• NFT Drops

Gala Games has announced it will shut down The Walking Dead: Empires, a multiplayer survival game built around Ethereum NFTs, by July 31. Developed by Studio Wildcard, the action-adventure role-playing game based on the massive multiplayer game had previously been announced in 2021. Players finally got their hands on its...

Gala Games' Walking Dead Debacle Signals Web3's Regulatory Reckoning

Gala Games' Walking Dead Debacle Signals Web3's Regulatory Reckoning

• Commentary

The abrupt demise of Gala Games' The Walking Dead: Empires isn't just about a failed NFT game. This troubling state of affairs should set off alarm bells. Consider it Web3’s canary in the coal mine, sounding the alarm for more regulatory oversight in the largely unregulated space that is Web3....

Apple Revises App Store Policy, Easing Crypto App Payment Restrictions

Apple Revises App Store Policy, Easing Crypto App Payment Restrictions

• NFT Drops

Take, for example, Apple’s recent U.S. App Store guideline revisions enabling app developers to directly link visitors to external payment systems. This amendment, passed in May 2025, is the biggest victory yet for proponents of opening up Apple’s digital marketplace. The crypto community has widely cheered this move, looking forward...

Apple's Crypto Shift 5 Ways It Empowers Emerging Artists

Apple's Crypto Shift 5 Ways It Empowers Emerging Artists

• Commentary

Meet Aisyah, one of the best batik artists based in Yogyakarta. She puts so much love into her detailed designs but has a difficult time getting the word out to the world. Established galleries often demand high commissions, and global transaction services charge brain-numbing costs. Her vision? To be able...

Apple's Crypto U-Turn A Regulatory Wake-Up Call?

Apple's Crypto U-Turn A Regulatory Wake-Up Call?

• Commentary

Apple's decision to loosen its grip on App Store payments, allowing developers to link to external systems in the U.S., feels less like a change of heart and more like a reluctant surrender. A capitulation to the unrelenting march of doom wrought by antitrust persecution. Think of it as a...

Walking Dead Empires Shuts Down: What Happens to Your NFTs?

Walking Dead Empires Shuts Down: What Happens to Your NFTs?

• Facts

Gala Games has announced the impending shutdown of The Walking Dead: Empires, a blockchain-based multiplayer survival game, by July 31, 2025. Understandably, this development has NFT holders worried about the fate of their in-game NFTs. In most instances, these assets are major taxpayer investments. DeliciousNFT.com is here to set the...

Gala Games NFT Debacle A Warning Sign For Web3 Regulation?

Gala Games NFT Debacle A Warning Sign For Web3 Regulation?

• Commentary

The impending sunset of The Walking Dead: Empires by Gala Games isn't just another game closure. Surprisingly, or rather not at all, it’s a blaring klaxon that Web3 gaming is the Wild West and we need regulatory guardrails ASAP. We’re not just talking about digital assets, NFTs, promised permanence, these...

Gala Games' NFT Game Shutdown A Betrayal Of Web3 Ideals?

Gala Games' NFT Game Shutdown A Betrayal Of Web3 Ideals?

• Commentary

The Walking Dead: Empires is shuffling off this mortal coil. New technology platform Gala Games has announced plans to wind down operations. Billions of people, especially deep in emerging markets, were just dealt a body blow by this move. Is this simply another example of an unfortunate game closure, or...

Japan's "New Capitalism 2025" Plan Signals Regulatory Embrace of Bitcoin and Web3

Japan is strategically positioning itself as a global leader in digital innovation with its updated "New Capitalism 2025" plan, released on April 13. Taken together, this plan represents a major regulatory turning point event toward welcoming Bitcoin and Web3 technologies. The initiative aims to leverage digital assets to solve social...

ProCap's Billion-Dollar Bitcoin Bet: Genius Move or Regulatory Minefield?

ProCap’s billion-dollar Bitcoin play, made possible by taking the company public through a SPAC merger with Columbus Circle Capital, is nothing if not audacious. It's a statement. A great big middle finger, I suppose, to the established financial universe. Anthony Pompaliano, Bitcoin bull and crypto entrepreneur. He is taking a...

5 Ways MiCA Fuels Europe's Crypto Art Boom While US Stalls

Let’s face it, the crypto art world is booming. It’s a great sign that digital artists are getting their long-overdue recognition. They are establishing tangible careers, reaching audiences across the world in ways we could have never fathomed just years ago. Here's the thing: that explosion is happening much faster...

Crypto Confidence Scams: $225M Seized! Are You at Risk?

The crypto space is teeming with both innovation and opportunity. It obscures terrible risks, chief among them being confidence scams. Just last week, the U.S. government seized another $225 million in cryptocurrency. This is the largest-ever seizure of funds stolen through so-called “pig butchering” scams. In this article, we’ll look...

U.S. Attorney Aims to Recover Millions Lost in Crypto ‘Confidence Scams’

The U.S. Attorney’s Office recently filed a civil action targeting cryptocurrency investment fraud, seeking to recover funds lost by dozens of victims across the country. U.S. Attorney Jeanine Ferris Pirro joined other officials in announcing the dramatic action. This action comes in response to more than $225.3 million connected to...

Trump's Crypto Promises Ring Hollow As MiCA Steals The Show

Donald Trump speeding into the crypto lane now has all the makings of a not-so-subtle, last ditch effort to grab votes. He's saying all the right things, promising a crypto-friendly environment, but forgive me if I don't exactly rush out to buy a "Trump Coin" just yet. Words are cheap....

Coinbase Goes EU-Wide: MiCA License Secured in Luxembourg!

Coinbase has received an official Markets in Crypto-Assets (MiCA) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). This pivotal move allows the cryptocurrency exchange to extend its services across all 27 member states of the European Union, potentially reaching a market of 450 million people. This license puts...