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Writing Defi Code Won’t Land You In Jail

by admin August 22, 2025


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

In a major policy shift, federal prosecutors are changing how they approach decentralized finance, or Defi.

After years of uncertainty around liability for coders and software developers, officials are now drawing a clear line between creating technology and committing a crime.

The US Justice Department has announced it will no longer target software developers who build Defi platforms without proof of criminal intent.

Acting Assistant Attorney General Matthew Galeotti made the remarks Thursday during a digital assets summit in Wyoming. He said that writing code alone does not constitute a crime.

This signals a significant change from earlier enforcement strategies where prosecutors charged developers for operating unlicensed money transmission businesses.

Debate Over Money Transmission Rules

Regulators have long applied stringent rules to companies in the money remittance business, but the rise of Defi systems is putting those standards to the test.

Traditional payment platforms face clear obligations, while DeFi projects say those same rules don’t make sense in a code-driven environment.

Money transmitters such as PayPal and Cash App must secure licenses and comply with anti-money laundering obligations. They also have to verify customers and report suspicious transactions.

But decentralized exchanges argue these rules don’t fit their model since they have no control over user activity on their platforms.

NEW: US DOJ’S ACTING AAG MATTHEW GALEOTTI SAYS “OUR VIEW IS THAT MERELY WRITING CODE, WITHOUT ILL INTENT, IS NOT A CRIME. INNOVATING NEW WAYS FOR THE ECONOMY TO STORE AND TRANSMIT VALUE AND CREATE WEALTH, WITHOUT ILL INTENT, IS NOT A CRIME”https://t.co/iyGVBr0BCZ

— DEGEN NEWS (@DegenerateNews) August 21, 2025

Source: Getty Images

On Defi, Hiding Money & Ill Intent

The issue came under the spotlight after a New York jury recently convicted Roman Storm, co-founder of Tornado Cash, on conspiracy charges linked to operating an unlicensed money transmitting business.

Tornado Cash is a privacy service specifically designed to make Defi and cryptocurrency transactions more difficult to trace.

Jurors could not reach a decision on whether Storm committed money laundering or violated sanctions.

Prosecutors said the service allowed illicit finance, while critics of the case argued Storm had only written code.

Total crypto market cap currently at $3.7 trillion. Chart: TradingView

Prosecutors Will Prioritize Evidence Of Intent

According to Galeotti, future cases in the Defi and crypto space will require proof that a developer knowingly aided fraud, sanctions evasion, or laundering.

“Innovating new ways for the economy to store and transmit value and create wealth, without ill-intent, is not a crime,” he said.

He added that laws banning unlicensed money transmission will not apply to developers unless there is evidence of deliberate wrongdoing.

The focus of the US justices will remain on fraud, Ponzi schemes, and global laundering networks, including those based in China and other countries suspected of carrying out illicit transactions.

Featured image from Getty Images, 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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August 22, 2025 0 comments
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The Chinese Room defend Bloodlines 2's paywalled vampire clans: "we have been expanding it from where we originally planned to land it"
Game Updates

The Chinese Room defend Bloodlines 2’s paywalled vampire clans: “we have been expanding it from where we originally planned to land it”

by admin August 22, 2025



You really have to hand it to the publishers of Vampire: The Masquerade – Bloodlines 2. They are the absolute masters of snatching defeat from the jaws of victory, the doyens of stepping on rakes, even as they near the checkered flag. The long-awaited RPG got a new trailer and what may actually prove to be the final release date at Gamescom Opening Night Live this week. The trailer was a feisty show of Dishonored-esque mayhem, and the hands-on verdicts I’ve read (save for stinky uncle Eurogamer) have been positive. Ours is forthcoming.


But then came the revelation that this much-delayed sequel to a quintessentially faction-led RPG from a company famous for downloadable add-ons would sell two of its vampire clans as day-one DLC. How we laughed! How we clutched our faces and chittered like gerbils! How we ran outside, begging for the moon to fall on our heads! Despair springs anew.


Our reporter on the ground at Gamescom is hardware editor James ‘Hardwearing’ Archer. He caught up with current and hopefully, final Bloodlines 2 developers The Chinese Room in person yesterday and, much like a parent coaxing a child away from a poisonous snake, casually asked them ‘What’s the thinking behind splitting off two of the clans as DLC?’


The answer, broadly, is that the new clans represent additional work on top of The Chinese Room’s original plans for the game – sometimes at Paradox’s request – so it’s fair to flog those bits separately. As for releasing the DLC alongside the main game, which naturally suggests that it could be sold as part of the main game, a PR told James, not in so many words, that they don’t want players to have to wait.


Narrative director Ian Thomas attempted to spell it all out. “It’s worthwhile saying that the game – well, I’ve only been on the game, I think, for two and a half years – but during that period, we’ve had huge cycles of ‘What are the player base thinking? What are they asking for? How does that fit in? What does the early alpha testing say, and what are they actually asking for?'” he said. (Side note to any more prosperous game developers reading: I feel like you are all taught by media training people to stall for time with rhetorical questions. Please stop doing this, it’s very exasperating and only makes me suspicious.)


“So we’ve made a huge amount of changes over that time, based on that cycle, if you like,” Thomas continued. “Including a massive amount of story content and features and all the rest of it. So we have been expanding it from where we originally planned to land it, I think, constantly, and Paradox have been really good when we go, or when the clients go, or when Paradox go: ‘We should add a bit more here. Let’s push the date back.’ As you know, the date has pushed back, but that has been to fatten it out into something that we feel does land where the players want it.”


According to Thomas, The Chinese Room are still “adding additional content even over the last few weeks”. The extra clan material and associated story bits fall into this rubric of post-concept ‘fattening’. So do certain character customisation features like hairstyles, piercings and tattoos, according to project design director Jey Hicks. “It’s not all, like, just fluff that we’re chucking in,” he said. “It’s all got that same quality there.”


The original Bloodlines shipped with seven vampire clans, including one of the clans Bloodlines 2 wants to paywall. They appear to be very different games, however – Paradox have taken to describing the sequel as a “spiritual successor” – as one might expect from the fact that The Chinese Room have sod-all experience making CRPGs. I think it would be fair to argue that Bloodlines 2 only having four clans by default simply reflects a necessary change of direction, however much fans of the original might dislike that change of direction. It’s also worth noting that the conditions of game development have changed enormously since 2004, and that given the turmoil of Bloodlines 2’s overall development under Paradox, it’s miraculous they have anything to show at all.

But that’s not the case the developers made to us at Gamescom. And in particular, none of the above really explains the decision to ship features returning players would reasonably expect to form part of the base package as day-one ‘extras’. The “additional work” argument would ring truer if the DLC clans landed after release; as it is, the designation as to what constitutes the original concept and what constitutes an ‘extra’ seems totally arbitrary. The language about not wanting fans to wait just feels like predictable camouflage for the boring truth that they’d like to make more money.

Check out our Gamescom 2025 event hub for all the PC game announcements and preview coverage from Cologne.



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August 22, 2025 0 comments
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GameFi Guides

Japanese Company Ispace’s Probe Expected to Land On The Moon Tomorrow

by admin June 5, 2025



In brief

  • The landing is expected Friday at 4:17 a.m. JST near Mare Frigoris.
  • ispace will be streaming the landing live in Japanese and English.
  • The startup wants to build a lunar city and economy called Moon Valley

Tokyo-listed rocket startup ispace is set for its lunar lander, RESILIENCE, to touch down on the surface of the moon tomorrow morning Japan Standard Time.

RESILIENCE is currently expected to land at 4:17 am JST (3:17 pm ET) near the centre of the Mare Frigoris (Sea of Cold), located 60.5 degrees north latitude and 4.6 degrees west longitude.

The company will stream the landing event starting from 3:10 JST (2:10 pm ET) in both Japanese and English.

If successful, it would mark the first successful moon landing by a private Japanese company.

Takeshi Hakamada, the founder and CEO of ispace, said in a statement he was proud to announce a second attempt at landing on the moon following a failed HAKUTO-R Mission 1 two years ago, when the company lost communication with the lander just before touchdown.

“Since that time, we have drawn on the experience, using it as motivation to move forward with resolve. We are now at the dawn of our next attempt to make history,” said Hakamada.

Founded in 2010, ispace has grown to over 280 employees and has laid out ambitious long-term plans for its lunar exploration, including constructing a lunar settlement dubbed “Moon Valley” by 2040. 



The company’s vision includes 1,000 permanent moon inhabitants and 10,000 annual visitors, and the creation of a thriving “cislunar economy” between the Earth and the moon.

 “We view the success of the lunar landing as merely a stepping stone toward that goal,” Hakamada said.

Ispace is part of a broader wave of private-sector interest in space and interplanetary travel. Last week, Elon Musk unveiled SpaceX’s vision to establish a self-sustaining colony on Mars by the end of the next decade. 

However, that effort still faces significant technological hurdles, with Starship rockets continuing to experience failures in test flights.

As for lunar ambitions, the last crewed mission to the moon was NASA’s Apollo 17 in 1972. NASA aims to return astronauts to the moon by 2027, while China targets a manned moon landing by 2030. Both timelines have faced delays.

But uncrewed probe missions have surged in recent years. Since 2020, China’s Chang’e 5 and 6 have returned lunar samples, India has landed its Vikram probe, and Japan has deployed small rovers LEV-1 and LEV-2.

Private U.S. firms such as Intuitive Machines and Firefly Aerospace have also conducted successful landings.

Edited by Sebastian Sinclair

Generally Intelligent Newsletter

A weekly AI journey narrated by Gen, a generative AI model.



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June 5, 2025 0 comments
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Disney Pulls Back the Curtain on Its New 'Cars' Land
Gaming Gear

Disney Pulls Back the Curtain on Its New ‘Cars’ Land

by admin June 3, 2025


If all goes according to plan, when the new Cars-inspired land opens at the Magic Kingdom at Walt Disney World, you won’t even see it. Back at the D23 Expo last year, Disney announced it was adding a Cars-themed land to its signature Orlando park, and now, the company has revealed a ton of additional info. There’s a map of what it’ll look like, an explanation of its theming, and the news that even though it’ll be sitting in the middle of the theme park, it’ll be carefully designed to make sure it doesn’t stand out.

Oh, and it’s got a name too. The land is called Piston Peak National Park (though fans are sure to just call it “Piston Peak” or “Cars Land”), and though it’s fully set in the world of Cars, it’s being conceived as a national park in that franchise. The idea being, a national park—even if it’s filled with sentient talking vehicles—is a more seamless fit into the land’s location, which is near Liberty Square and Frontierland. You can see the full map above, though it’s just an artist’s interpretation and won’t be exactly that.

So, unlike the decidedly city-based theming in Radiator Springs, Disney’s first Cars land at California Adventure, here everything will be much more natural. More earthy. Imagineers are even calling it “Parkitecture.” That’s a key too because, as Disney explains in its news release, “From the outside, trees will provide a natural barrier between the off-road rally and other parts of Frontierland and Liberty Square. Rugged mountains with dramatic peaks will be nestled along a calming waterway across from Grizzly Hall and soaring geysers from the famed Big Thunder Mountain Railroad will stretch into the trails of our off-road rally.”

Previously, it was announced that the land now known as Piston Peak will have two rides in it, one geared at families and another, more exciting “race rally through the mountains” which will see your vehicle “climb mountain trails, dodge geysers and… splash through mudholes.” To make this land into a reality, the park will close Rivers of America, Tom Sawyer Island, and the Liberty Square Riverboat beginning July 7. Plus, as we already knew, on the other side of Big Thunder, a land focused exclusively on Disney Villains is coming too. But no word on specifics for that quite yet.

For more on Piston Peak check out the new post on the Disney Parks Blog and revisit that initial news right here.

Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.



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June 3, 2025 0 comments
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War Between Land And Sea Trailer Sea Devil
Gaming Gear

The ‘War Between Land and the Sea’ Trailer Gives Earth a Battle the Doctor Can’t Stop

by admin May 31, 2025


With the conclusion of the latest season of Doctor Who, all eyes are on what’s next for adventures in time and space… and when, exactly, we’ll be getting them. But before the Doctor returns, Earth is going to have to stand alone in a new spinoff miniseries, The War Between Land and the Sea.

To mark the climax of Doctor Who‘s 2025 season, today the BBC revealed the first footage from War Between Land and Sea, which will see UNIT as the front line of defense when the Sea Devils—a race of aquatic reptilians who have existed on Earth since the dawn of time, hiding their advance civilization in hibernation alongside their other distantly affiliated ancient Earth dwellers, the Silurians, for millions of years—emerge from hiding and make themselves known to the Human race.

How do things go? Well, you could tell by the title of the miniseries alone that the answer to that is seemingly “not well”—and without the Doctor to fall back on like they’ve been able to the last couple of times the Sea Devils and Silurians alike tried to emerge, it’s up to humanity to find away to counter the threat of Earth’s ancient reclaimers… and if not co-exist with them, survive their wrath.

War Between Land and the Sea will feature several familiar faces from Doctor Who. There’s a few returning characters, including Jemma Redgrave, Alexander Devrient, and Ruth Madeley reprising their roles in UNIT as Kate Lethbridge-Stewart, Colonel Ibrahim, and Shirley Ann Bingham, respectively. In more of a deep cut, Colin McFarlane will reprise his role as General Austin Pierce from the third season of Torchwood, Children of Earth.

But, as seen in the trailer above, the series also stars two Doctor Who favorites, but as entirely new characters. Loki‘s Gugu Mbatha-Raw played companion Martha Jones’ sister, Tish, throughout the third season of Doctor Who, and is now a mysterious vanguard of the Sea Devils’ return, while Being Human‘s Russell Tovey previously appeared in the 2007 holiday special “Voyage of the Damned” as Midshipman Alonso Frame, now plays Barclay, a human who has seemingly been tasked with leading humanity’s response.

The War Between Land and the Sea will run for five episodes when it hits the BBC in the UK, and Disney+ internationally, and is currently expected to launch sometime in 2026.

Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.



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May 31, 2025 0 comments
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Crypto Trends

Central African Republic to Tokenize Land Using National Solana Meme Coin

by admin May 31, 2025



In brief

  • Starting in June, more than 1,700 hectares of land west of the capital Bangui will be tokenized and sold online using the $CAR token via the Solana blockchain.
  • The presidential decree cites the country’s mining code and tokenization laws, indicating the land may be designated for mining activities such as gold or diamond extraction.
  • The $CAR token rose 21% on the day of the announcement and is up over 127% this week, though gains began prior to the news.

The Central African Republic’s national meme coin, $CAR, surged on Thursday mere hours before President Faustin-Archange Touadéra announced the country would begin tokenizing over 1,700 hectares of land.

“Starting June, land concessions will be accessible online using $CAR, directly on Solana,” Touadéra said Thursday on X. He also shared a presidential decree authorising the tokenization of the land. “A new era of access and transparency begins.”

The decree marks the country’s latest effort to integrate crypto with national development.

The land, which spans an area equivalent to almost 2,500 football pitches, is situated west of the village of Bossongo, located 45 km west of the capital, Bangui. 

The decree also references the country’s mining code and 2023 laws related to tokenizing natural resources, suggesting that the land may be used for mining purposes. 

The industry is big business in the country—Russia’s Wagner Group has run several mining projects there during Touadéra’s tenure, particularly when it comes to gold and diamonds.

However, the price began rising well before the official announcement was made. After hovering around $0.025 on May 26, $CAR experienced notable gains earlier this week.

$CAR is up 21% on the day to $0.05. It’s up more than 127% over the past week, according to CoinGecko, with a current market cap of $56.63 million and over 18,400 holders.



$CAR was launched in February after President Touadéra posted a flurry of social media messages declaring the coin an experiment in uniting citizens and spotlighting the country on the global stage. 

The token briefly hit a peak market cap of $884.31 million a day after launch, before crashing due to unclear utility and waning interest. Despite the current rally, the coin remains down 92.7% from its all-time high of $0.7.

Even still, President Touadéra has continued to post about it regularly on X.

Reminiscent of Donald Trump’s $TRUMP token rollout, Touadéra also offered the top 100 $CAR holders a chance to meet him in Dubai on April 30.

The land tokenization push comes amid the winding down of CAR’s earlier crypto venture, Sango Coin. Launched in 2022 as a national digital currency initiative, the project sparked controversy and frustration among investors.

On April 29, the Sango team said, “The original Sango project… will not continue in its previous form” but hinted at a reboot.

“After careful consideration and strategic planning, we are preparing a new direction that honors the initial ambition, but adapts it to a stronger path forward,” it wrote on X at the time.

Edited by Sebastian Sinclair

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



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May 31, 2025 0 comments
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Central African Republic to tokenize over 1,700 hectares of land through CAR meme coin
Crypto Trends

Central African Republic to tokenize over 1,700 hectares of land through CAR meme coin

by admin May 30, 2025



Central African Republic President Faustin-Archange Touadéra announced that in June, over 1,700 hectares of land in the region will be tokenized through the Solana-based meme coin CAR. The meme coin has long sparked suspicion among traders.

On May 30, Touadéra posted on his X account that he has signed a presidential decree that would tokenize over 1,700 hectares of land and make it available on the Solana (SOL) chain by June 2025. The land concession would be available online for traders across the globe by purchasing the meme coin CAR, which Touadéra dubs the “national meme coin” of the state.

The land is reportedly located in the western area of Bosongo village, 45 kilometers west of the nation’s capital, Bangui. The presidential decree refers to the country’s mining code and its 2023 laws regarding the tokenization of natural resources. This implies that the land may be intended for mining purposes.

After Touadéra’s announcement on X, the Central African Republic meme coin jumped more than 20% based on data from CoinGecko. CAR’s daily trading volume also rose by 31.9% compared to the previous day of trading, indicating a rise in trading activity. The Solana-based token has seen major gains in the past few weeks, rising by more than 182% in the past week and more than 216% in the past month.

Price chart for the meme coin CAR in the past 24 hours, May 30, 2025 | Source: CoinGecko

The token is currently up by 10.7% and is trading hands at $0.05. It has accumulated a market cap of $53 million since its launch last February. The token’s market cap briefly soared past $884 million, before crashing not long after the launch.

Last month, the top 100 holders of CAR were invited to Dubai to meet with Central African Republic President Touadéra, in a move similar to Donald Trump’s invite-only dinner for the top 220 holders of the official TRUMP (TRUMP) meme coin on May 22.

Controversy surrounding Central African Republic’s meme coin

On Feb. 10, the Central African Republic announced the launch of its own meme coin, CAR. President Faustin-Archange Touadéra called the project an experiment designed to “unite people, support national development, and put the Central African Republic on the world stage in a unique way.”

After a meteoric rise to an all-time high of $0.775 on launch day, the meme coin crashed. Its market cap fell more than 50% from $884 million to $460 million. The drop was fueled by deepfake allegations, website and account suspensions, and questionable domain registrations which made traders suspicious of whether the project was actually trustworthy.

Several AI detection tools flagged the president’s announcement video as AI-generated. Moreover, the meme coin’s official X account was suspended suddenly without explanation. The president then went on X to clarify that his team was working to restore the account as soon as possible.

Yokai Ryujin, founder of UnrevealedXYZ, also pointed out that the meme coin’s registered domain was registered on a budget-friendly domain provider only three days before the announcement. According to Ryujin, this was odd considering the token is supposed to be a government-backed initiative.

Shortly after, Namecheap suspended the website, confirming that it had been flagged as an “abusive service.”

At press time, the president’s post included a link to a website which contains the description for the meme coin and its purpose. The site also contained the coin’s address and the exchanges that list it.

“Born as a meme, built for utility. $CAR started as a presidential meme coin —now we’re driving toward real-world impact,” wrote the website’s description.



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May 30, 2025 0 comments
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Car HUDs Are Bad. Jaguar Land Rover Is Testing Tech to Change That
Product Reviews

Car HUDs Are Bad. Jaguar Land Rover Is Testing Tech to Change That

by admin May 27, 2025


New technology doesn’t arrive fully formed, I remind myself as I strap on a pirate’s eye patch, then place a heavily modified bicycle helmet onto my head. It isn’t the most glamorous getup. But here, in a small office on an unassuming business park on the outskirts of Cambridge, England, it could be the foundations of something quite remarkable

I’m here to meet AllFocal Optics, a startup that has patented a new type of nanophotonic lens with the power to transform everything from virtual and augmented reality headsets, to night vision goggles, binoculars, cameras and heads-up displays (HUDs). It’s the latter that piqued my interest, after hearing Jaguar Land Rover has embarked on a research project to discover whether the lens can improve car HUDs and, with it, road safety.

Its makers also claim—and prove, with the aforementioned helmet, as well as a butchered Meta Quest 3—that the lens can produce a digital image with perfect clarity, even if you have poor vision, without the need for glasses.

Founded in 2022 as Lark but since renamed AllFocal Optics, the company is headed by former Royal Academy of Engineering enterprise fellow Dr Pawan Shrestha. Dr Ash Saulsbury, former technology VP at Microsoft and former Meta AR boss, joined late last year as chair, around the same time that the startup secured a $5.3m funding round.

AllFocal Optics says the lens it has created offers two technological breakthroughs. Firstly, when used in an AR or VR headset, like the Apple Vision Pro or Meta Quest 3, it claims to provide crystal-clear vision to the wearer, even if they need glasses but aren’t wearing them.

Even if you require a significant prescription, or suffer from astigmatism, its makers say the lens beams a clear picture directly to your retina, bypassing the needs for glasses entirely. In theory, two people could share the same AR or VR headset, even if one has 20/20 vision and the other needs very strong corrective lenses.

I tried several prototypes of the lens and, yes, it works. I don’t wear glasses, so the first demonstration—viewing digital text beamed from a laptop to an augmented reality headset—didn’t seem overly impressive. But then I repeated the test while wearing glasses so strong I couldn’t see my own hands in front of my face, and yet the digital text was still pin-sharp. It’s the sort of tech demo that takes a moment to truly appreciate, but when your brain finally connects the dots it feels like magic.

Not only does the lens sidestep vision impairment, it also produces an image far sharper than the likes of Microsoft’s HoloLens (may it rest in peace), despite the input being the same 720p resolution. With the prototype lens it was easy—and this is where the eyepatch comes in—to read a chunk of text where half was augmented and half was printed on a sheet of paper, but with the HoloLens this was impossible. The augmented half of each line was a blurred mess.

Looking Sharp

What’s more, the text remains sharp regardless of what your eyes are actually focused on. I experimented with focusing first on my hand just a few inches from my face, then on the other side of the room, yet the augmented text stayed in focus. Interestingly, its size adjusts depending on where you’re looking; I could make it appear as a tiny font on my finger, or as poster-sized writing on the opposite wall. It’s also possible to look through it, focusing on the middle-distance as you might while driving, but no matter what your eyes and their lenses do, the digital text remains sharp and legible.



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May 27, 2025 0 comments
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Krisztian Sandor
NFT Gaming

Dubai Land Department Unveils Real Estate Tokenization Platform

by admin May 26, 2025



The Dubai Land Department (DLD), a government agency for the real estate industry, has launched its first tokenized real estate platform as part of a government-backed effort that could see $16 billion worth of real estate digitized by 2033.

The platform, called Prypco Mint and developed in partnership with real estate fintech firm Prypco, allows investors to purchase fractional ownership in Dubai properties using local currency starting at 2,000 dirhams, or about $540, according to a Sunday press release by the agency.

In the initial phase, the platform only supports dirham transactions and is available to United Arab Emirates ID cardholders, but the agency said it plans to expand access globally in the near future and integrate more platforms later. Zand Digital Bank is serving as the banking partner, while regulatory oversight comes from the UAE Central Bank, Dubai’s Virtual Assets Regulatory Authority (VARA) and the Dubai Future Foundation through its Real Estate Sandbox.

The technical backbone of the project is tokenization specialist Ctrl Alt’s infrastructure, which has selected the XRP Ledger blockchain to place property title deeds on. The company said it has directly integrated with DLD’s systems to ensure that the blockchain records stay in sync with traditional government real estate ledgers.

The launch builds on Dubai’s initiative that aims to accelerate tokenization, a red-hot crypto trend, of the city’s booming property market. The agency projected that tokenized real estate could account for 7%, roughly $16 billion, of the city’s total property transactions by 2033.

Tokenization stands for using blockchains for moving and recording ownership of traditional financial instruments like bonds, funds or real estate, attracting a slew of global banks and asset managers with the promise of operational gains and faster, cheaper settlements. It could be a huge opportunity: tokenized assets could grow to a multiple trillion-dollar market over the next few years, as projected by Ripple, BCG, McKinsey and others.

Read more: Ripple, BCG Project $18.9T Tokenized Asset Market by 2033



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May 26, 2025 0 comments
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GameFi Guides

YGG Launches New Publishing Arm, Debuts First Game ‘LOL Land’

by admin May 23, 2025



In brief

  • Yield Guild Games has launched a new publishing division, YGG Play, focused on casual, crypto-native titles it dubs “Casual Degen” games.
  • Its first release, LOL Land, is a browser-based board game that features Pudgy Penguins community characters and offers token-based rewards.
  • The game has launched exclusively on Pudgy Penguins’ Abstract Chain and has received over 100,000 pre-registrations ahead of release, according to YGG.

After four years of watching Web3 games struggle to find their audience, Yield Guild Games decided the industry had to rethink how it matches players with the kind of games they’re actually in for: lighthearted chaos, in a “casual degen” vibe.

Instead of chasing broad mainstream adoption, the guild protocol launched YGG Play, a new game publishing unit dedicated to games that embrace the degen culture, with LOL Land, a web browser-based game explicitly designed for crypto-native players who live in the proverbial trenches.

“People play casual games on their phones while commuting, waiting in line, or taking a break,” Gabby Dizon, co-founder of YGG, told Decrypt. “They do it for fun as well as rewards like streaks, badges, or collectibles. And they happily spend a lot of real money on those games.”

Through its years of establishing a foothold with Web3 gamers by pioneering the so-called “play-to-earn” movement from 2020, YGG has learned “what’s fun, what works and what doesn’t,” leading it to develop “some very strong opinions on how to best serve the crypto market,” Dizon explained in a separate statement shared with Decrypt.

The move represents a strategic shift for YGG from investing in Web3 games to creating them directly. Rather than targeting mainstream gamers, the guild is focusing on crypto-native users who trade memecoins, mint NFTs, and engage in speculative activities.

The new game, LOL Land, features four thematic boards, including YGG City, Beach Day, Carnival, and Ice World Wonderland, which showcases Pudgy Penguins IP with playable characters based on community members like Aaron Teng and Rusk0f. 

The game offers two distinct gameplay modes. Free play provides unlimited rolls without token rewards, while premium mode requires purchasing rolls to earn points redeemable for YGG tokens from a $10 million prize pool.

The browser-based board game surpassed 100,000 pre-registrations before launching exclusively on Abstract Chain, according to YGG.

For LOL Land, players can “earn YGG tokens and [you] can use them to claim NFTs,” Dizon explained.

The game draws directly from Dizon’s experience in casual games and his experience in Web3 gaming thereafter.

“Before getting into crypto and founding YGG, I was a game developer for a little bit over 20 years,” Dizon shared with Decrypt. “I was making casual games for much of my career.”

Degens over mass market

The publishing strategy deliberately targets crypto enthusiasts rather than attempting to onboard traditional gamers. Dizon argues this approach addresses an underserved market segment larger than hardcore Web3 gaming.

“If you look at people who are trading memecoins, minting NFTs, or trading on exchanges, these are people that you can consider to be possible players under the ‘Casual Degen’ label,” Dizon said.

Asked about how he thinks Web3 games could last, Dizon, who claims to prefer playing single-player RPGs like Clair Obscur: Expedition 33, told Decrypt it’s a matter of perseverance.

“I do think that Web3 games can have a lasting impact on people,” he said. “It’s hard to make games in general. It’s even harder to make games that have new technology and figure out what the right format is for that technology, for people to use it.

Edited by Sebastian Sinclair

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