Tech

Meta’s cryptocurrency ploy all but dead with Libra/Diem seeking to sell assets

Enlarge / With an image of Federal Reserve Bank Chairman Jerome Powell on a screen in the background, Facebook/Meta co-founder and CEO Mark Zuckerberg testifies before the House Financial Services Committee on October 23, 2019, in Washington, DC. (credit: Chip Somodevilla/Getty Images) After years of effort, Meta’s cryptocurrency initiative has collapsed under the weight of […]

Tech

Square Enix signals major push into “blockchain gaming” mania

Enlarge / Which popular Sq . Enix franchises will be graced with a blockchain-based marketplace full of user-created items? Rectangular Enix President Yosuke Matsuda used a New Year’s message this weekend to telegraph the company’s interest in “blockchain gaming” and “decentralized games” as “a major strategic theme for us starting in 2022. ” Specifically, Matsuda […]

Tech

Ubisoft’s first NFT plans make no sense

Enlarge / Galaxy brain, meet Ubisoft brain… (credit: Aurich Lawson | Getty Images | Ubisoft) Ubisoft became the first big-name game publisher to jump on the non-fungible token bandwagon Tuesday. After teasing its interest in the space last month, the company is officially rolling out Quartz, a system of in-game cosmetic items powered by a […]