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Roblox cracks down on its user-created content following multiple child safety lawsuits

by admin August 17, 2025


Following a wave of lawsuits alleging that Roblox doesn’t provide a safe environment for its underage users, the gaming platform made a series of sweeping updates to its policies. To address recent concerns, Roblox published a post on its website detailing these major changes, including restricting all unrated experiences, which is what Roblox calls its user-generated games, to the developer or those actively working with them. Roblox said this change will roll out in the coming months, representing a big shift from its previous policy that allowed users 13 or older to access unrated experiences.

To further prevent any inappropriate behavior, any “social hangout” experiences that depict private spaces, like bedrooms or bathrooms, will be limited to ID-verified users who are 17 or older. Roblox will also restrict social hangout games that mostly take place in those previously-mentioned private spaces or adult-only places, like bars or clubs, to users who are at least 17 and have been ID-verified. To assist with the new rules, Roblox will roll out a new tool that automatically detects “violative scenes,” or more simply, user activity that goes against the rules. According to Roblox’s new policies, a server that hits enough violations will automatically get taken down and will have to work with the Roblox team to adjust the experience and get it back online.

These policy changes come after several lawsuits were filed against Roblox that claim the game doesn’t protect its younger users. In response to the lawsuit filed by Louisiana’s attorney general, Roblox wrote in a separate post that it works to block any efforts at exploitative behavior and constantly enhances its moderation approaches.

“Any assertion that Roblox would intentionally put our users at risk of exploitation is simply untrue,” the company statement read. “No system is perfect and bad actors adapt to evade detection, including efforts to take users to other platforms, where safety standards and moderation practices may differ.



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August 17, 2025 0 comments
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India crypto rules still in limbo as RBI says ‘no thanks’
GameFi Guides

India cracks down on crypto tax evasion in enforcement push

by admin June 13, 2025



India’s Income Tax Department has launched a fresh crackdown on potential tax evasion and money laundering tied to virtual digital assets, including cryptocurrencies. 

According to government officials and local reporting, the department has identified individuals and entities engaging in crypto transactions who failed to comply with the Income Tax Act, 1961.

The Central Board of Direct Taxes recently sent emails to thousands of individuals, urging them to review and update their income tax returns if crypto income was misreported or omitted. The initiative is part of CBDT’s broader NUDGE campaign, aimed at encouraging voluntary compliance.

This marks the third NUDGE campaign in six months, following earlier drives that focused on foreign asset disclosures and false political donation deductions.

Although India does not recognize cryptocurrencies as legal tender, income from VDA transfers has been taxable since April 2022. Under Section 115BBH of the Income Tax Act, crypto income is taxed at a flat 30% without deductions, except for the cost of acquisition.

Losses cannot be offset or carried forward.

India’s mismatching tax documents 

Officials say discrepancies are being uncovered through data analytics, including mismatches between income tax returns and tax deducted at source filings by crypto exchanges, or Virtual Asset Service Providers. 

Some taxpayers reportedly failed to file the mandatory Schedule VDA or declared crypto income at lower tax rates, while others wrongly claimed deductions.

The crackdown comes amid broader concerns over the use of unaccounted income in high-risk crypto investments. While the government is working on a discussion paper to explore regulatory options for VDAs, including a possible ban, it has clarified that taxation does not imply formal approval of cryptocurrencies.



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June 13, 2025 0 comments
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Coinbase
NFT Gaming

Locked Out No More? Coinbase Cracks Down On Account Freezes

by admin June 9, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Coinbase has cut the number of unnecessary account freezes by 82%, the exchange’s CEO announced last week. It was a problem that many users said went on for far too long. Now the company says it’s close to fixing the worst of it, but some customers remain wary.

Account Freezes Drop Dramatically

According to a June 6 post on X by CEO Brian Armstrong, Coinbase has reduced unwanted freezes by 82% so far. He said the change is a top priority and that more improvements will roll out soon. Short freezes are one thing. Months-long lockouts are another. Many users reported being locked out for several months at a time.

Account freezing has been a major issue at Coinbase for longer than is acceptable. I could list a bunch of the underlying reasons why it got so bad in the first place, but what’s more important is that we’ve made it a priority to fix, and we have been making good progress. Shout… https://t.co/Emrq6KQhpD

— Brian Armstrong (@brian_armstrong) June 6, 2025

New Team Member Takes Charge

Based on reports from inside Coinbase, most of the progress comes from the work of Dor Levi. He joined the product team nine weeks ago with a clear goal: stop freezing good accounts. The company invested heavily in its machine learning models. Those upgrades seem to have paid off. Coinbase says its new systems catch more bad behavior while letting normal trades go through.

I joined @coinbase 9 weeks ago with a vital goal: fixing unnecessary account restrictions.

If you’re on CT, you know how significant this issue has been for users. I myself am a Coinbase user and our restriction experience is not meeting my own bar.

The goal is clear: Account… pic.twitter.com/zvGuM3QSZi

— Dor (@dorvonlevi) June 6, 2025

Data Breach Raises Concerns

Users’ confidence was also shaken by a data breach that affected more than 70,000 accounts. At least some overseas service agents were bribed last December to hand over customer ID photos and home addresses.

The breach wasn’t disclosed until mid-May. That gap has frustrated many. One user even shared a story of a family friend losing Bitcoin and Ether in a scam they believe was linked to the hack.

Total crypto market cap at $3.24 trillion on the daily chart: TradingView.com

Ongoing Legal Restrictions Remain

Coinbase will still comply with court orders and sanctions that require account freezes, Armstrong and Levi said. Those freezes are not part of the 82% reduction. They are a separate matter entirely. The company needs to meet legal rules in the US and abroad. Users who believe their freeze is tied to those rules should contact support for details.

Calls For Better Customer Support

Some users say it’s nearly impossible to reach a live support agent. One X commenter wrote that tracking someone down “can take forever.” Another said he has been locked out for two years. Armstrong asked any customer with a frozen account to get in touch with support. But if users can’t make a call or start a chat, even the best model won’t help them feel heard.

Building Lasting Trust

Coinbase is the top custodian of spot Bitcoin exchange-traded funds. Cutting unnecessary freezes is a step forward, but real trust takes time. Users will want clear updates on how the new system works, and they’ll want proof that their data is safe. If Coinbase can keep its word, it may finally calm the people who felt locked out for far too long.

Featured image from ARZDigital, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





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June 9, 2025 0 comments
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crypto
GameFi Guides

Australia Cracks Down Amid Scam Surge

by admin June 3, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Australia’s financial watchdog and federal police are warning that scams using crypto ATMs are draining wallets across the country.

Between January 2024 and January 2025, 150 people filed unique reports with ReportCyber about crypto ATM scams, and those losses topped A$3.1 million (about US$2 million). Many older Australians are being targeted, and regulators are scrambling to put safer rules in place.

Operators Face New Transaction Caps

According to the Australian Transaction Reports and Analysis Centre (AUSTRAC), a new rule now limits cash deposits and withdrawals at crypto ATMs to A$5,000 (around US$3,250). Operators must also put up clear scam warning signs, keep a closer eye on every transaction, and step up checks on customers.

Image: AML Intelligence

These measures began on June 3. Right now, they only apply to ATM providers, but AUSTRAC says crypto exchanges should think about doing the same if they let people use cash to buy crypto.

AUSTRAC CEO Brendan Thomas mentioned that these conditions will be watched closely and could change if they aren’t working as planned.

Seniors At Higher Risk

Based on reports from AUSTRAC’s task force, most people who use cash to buy crypto at ATMs are over 50, and about 72% of all transaction value comes from this older age group.

It’s a big worry because many in their 60s and 70s end up as victims of scams. Scammers often tell them to send money to a crypto ATM to “prove” an investment or to recover stolen funds.

Many victims don’t even realize they’ve been scammed until it’s too late. That’s partly why AUSTRAC wants stronger “know your customer” checks right at the kiosk.

Total crypto market cap currently at $3.27 trillion. Chart: TradingView

Public Reporting Remains Low

AFP Commander Graeme Marshall says that a lot of people who lose money don’t report it. Sometimes they feel too embarrassed. Other times, they just don’t know how to get help. Marshall encouraged anyone who has been scammed to tell their family and friends about it.

People need to share what happened so others won’t fall into the same trap. Right now, with 150 reports logged over 12 months, the Australian Federal Police (AFP) thinks those numbers are just scratching the surface. They believe many more scams are happening without being recorded.

Image: MakeUseOf

Rising Number Of ATMs

Australia used to have very few crypto ATMs—just 67 in August 2022. But by June 2025, that number had exploded to nearly 1,820. That makes Australia the third-largest market for these machines in the world.

In a single year, almost 150,000 cash-based transactions went through, moving roughly A$275 million (about US$178 million) into Bitcoin, Ether, and various stablecoins. Private firms like Localcoin (753 machines), Coinflip (700), and Bitcoin Depot (182) lead the pack.

With more ATMs popping up, there’s more chance for scammers to trick people, especially if operators aren’t watching closely.

Featured image from Gemini, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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June 3, 2025 0 comments
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