Have you heard of HoweyCoin? It's "one of the largest cryptocurrency platforms ever built" and has the backing of several celebrities. It's also officially registered with the US government and will trade on an SEC-compliant exchange where you can buy and sell them for profit, though you can score a discount if you take advantage of the coin's pre-ICO sale. There's only one problem—HoweyCoin is fake, and none of those claims are true.The US Securities and Exchange Commission created HoweyCoin and an accompanying website hyping its perks so that investors will know some of the red flags to look for before pouring money into a potentially fraudulent ICO, or initial coin offering.It's a bit of an unusual move for the decades old agency, which as The Wall Street Journal points out is not exactly known for being all that plugged in to the digital communications scene. But with the rise of fraudulent ICOs, the SEC felt compelled to step in and issue a cleverly constructed … [Read more...] about SEC created a fake cryptocurrency site to warn investors of ICO scams
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In real life, RPG guru Brian Fargo ranks a star-12 in the silver-tongued persuasion attribute. On stage at a recent games business event, he crooned to an avid audience on the Next Big Thing in gaming. Fargo is best known for founding Interplay and InXile, companies that brought us role-playing series like Wasteland and The Bard’s Tale. His love of games, in which chat and personality play a big part, will come as no surprise to anyone who has spent time with him. He loves to talk, most especially about whatever it is he’s obsessing over at the moment. Right now, his big thing is blockchain, a decentralized ledger and the technology behind Bitcoin and other cryptocurrencies, with (so far) unhackable security. “I’ve drunk the Kool Aid,” he told his audience at GamesBeat last month. But it’s not the tech itself that animates Fargo. It’s the potential to track digital transactions. For him, blockchain is the key to something gamers could really … [Read more...] about Reselling your digital games will soon be a reality, but what does that mean?
What if you make the wrong decision? You’ve ever been paralyzed by that question in your head I have to and we’re going to talk about how to overcome it and some ways to make better decision coming up. What’s up guys Tim Ruswick here from Game Dev Underground helping you build finish and launch better games. Today we’re talking about decision-making. More specifically what if you make the wrong decision. We’ve all been there. We’ve all been and whether it’s design decision whether it’s a business decision whether it’s a life decision we’ve all been there. We’ve all been facing this decision looking at it scared of it terrified of it not wanting to make the decision because it could be wrong. Like what if we do the wrong thing. I did this a lot with like investing especially like and— I’m dude okay so I started you know investing in Cryptocurrencies and Bitcoin and theory and all that kind of stuff, and … [Read more...] about What If I Make The Wrong Decision? I’m Scared!
What is believed to be the biggest cryptocurrency marketplace hack ever has just occurred in Japan, where digital thieves made off with over half a billion dollars worth of NEM (XEM) tokens, CoinDesk reports. It's difficult to pin an exact dollar figure on the theft, since the value fluctuates. What we know is hackers stole 500 million NEM tokens from Coincheck's digital wallets. The exchange's president Wakata Yoshihiro and chief operating officer Yusuke Otsuka estimated the loss at 58 billion yen, or around $533 million. Other estimates peg the loss a bit lower at around $420 million, and some have it as high as $600 million. Regardless of the official tally, it's a major theft, surpassing the ~$340 million that was famously stolen from Mt. Gox in 2014. However, the impact on the cryptocurrency market at large probably won't be as big, given that the overall market cap is much bigger now than it was over three years ago. Following the breach, Coincheck put a halt on NEM trading, … [Read more...] about Over $500 million in cryptocurrency stolen
It doesn’t take much to freak the gamer community out. That’s all it takes. A genuine surprise. An out of the blue announcement that takes Nintendo’s hit Switch console and flips ideas of what a game and toy can be. It takes balls and free minds to come up with something like that. Everyone else has been too busy chasing Battle Royale modes. So here we have Nintendo Labo, a set of card construction kits that turn the Switch into a robot suit, VR vehicle, musical instrument, fishing rod and more. Combine that surprise with the need for everyone in 2018 to have an opinion and the snake-filled shitpit that is social media, and you’ll find all of these unwelcome hot takes endlessely spewing up on your timeline for the next 24 hours. Well done, everyone. Let’s start with the new and and innovative ways people are thinking of using the Nintendo Labo. Testing out the dev kit for Nintendo Labo pic.twitter.com/du5sAHxb6Z — Kaycee … [Read more...] about Nintendo Labo: here’s every good, bad and asshole opinion about Nintendo’s new cardboard toys you’ll see today