Tag: regulatory issues

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....

PGI Global Scam Reveals DeFi's Regulatory Black Hole

PGI Global Scam Reveals DeFi's Regulatory Black Hole

• Commentary

The PGI Global case isn't just another crypto scam. It's a glaring indictment of the regulatory vacuum that currently exists in the Decentralized Finance (DeFi) space. No surprise—the mastermind behind PGI Global, Ramil Palafox, has allegedly duped investors out of almost $300 million. He attracted them with false promises of...

Magic Eden's ME Rewards: Genius Move or Web3's Next Regulatory Target?

Magic Eden's ME Rewards: Genius Move or Web3's Next Regulatory Target?

• Commentary

On the surface, this seems like an incredible opportunity for NFT creators. Stake ME tokens, trade NFTs even connect your wallet – and just like that, you’re earning points for more ME. 10 million ME tokens were distributed during Season 1, and Season 2 is shaping up to be just...

Further Reading

DeGods' Drama Signals NFT Market's Maturation Or Just Another Exit Scam?

Frank's out. Rohun Vora, the figure who became the face of DeGods, is leaving his role. After three years, he’s passing the reins over to 0x_chill and Pastagotsauce. Fine. People move on. The timing reeks. On that fourth front, Solana sales have increased 101%. At the same time, Ethereum sales...

DeGods' Frank Exit: A Warning Sign for Web3's 'Cult of Personality'?

Frank DeGods is out. Poof. And just like that, one of the most iconic characters of the NFT space has departed. While some are celebrating fresh blood and a new direction for DeGods, I can't help but see this as a flashing neon sign screaming about a problem festering within...

DeGods' New Dawn: Can Decentralization Save NFTs From Themselves?

Frank DeGods is out. Realistic goals Two pseudonymous figures we’re calling @0x_chill and @pastagotsauce are all the way in. The NFT world holds its breath. Beyond the leadership shuffle, a more profound question looms: can decentralization really finally save NFTs from the very problems that plague them? Beyond that, will...

Solana's New Tokens: Are Whales Manipulating HOTMOM, DOOD, and IKUN?

In short, are we just seeing Wild West 2.0, but on Solana blockchain this time? Assets such as HOTMOM, DOOD, and IKUN soared in the third week of May 2025. Their increase has been astronomical to say the least. But behind the flashy headlines and impressive daily transaction volumes, a...

DeGods' Founder Quits: Is This the End of NFT Hype or a Smart Pivot?

Frank DeGods is out. After three years at the helm of DeGods, Rohun Vora has stepped down, leaving many in the NFT space scratching their heads. 0x_chill and Pastagotsauce are both really at the helm—that’s a part of what has made these communities powerful. Sales are booming on both Solana...

DeGods Founder Steps Down: Is This Web3's Southeast Asia Moment?

Frank DeGods is out. 0x_chill and Pastagotsauce are in. Sales are up. To be frank, who gives a hoot about the inner workings of yet another NFT project. Unless this season of change in leadership is indicative of something much more. Something that could finally unlock the potential of Web3...

SEC's Crypto Overhaul: Will It Unleash Southeast Asia's Web3 Potential?

Paul Atkins' call for a crypto policy overhaul at the SEC isn't just about Wall Street. It's about the forgotten voices of Southeast Asia. While the US debates becoming the "crypto capital," a vibrant Web3 revolution is already brewing in the region, and the SEC's actions could either fuel its...