China’s Regulatory Crackdown at a Glance: From Bitcoin to Ride-Hailing Apps

[ad_1] China has launched a multi-pronged crackdown on its tech companies, leaving startups and decades-old firms alike operating in a new, uncertain environment. Here are sectors that are facing regulatory pressure: Gaming companies Chinese regulators have slashed the amount of time players under the age of 18 can spend on online games to an hour…

As NFT Craze Gets Mainstream, Axie Infinity Game Registers Strong Growth

[ad_1] When the NFT cryptocurrency-collectibles exploded in popularity in early 2021, they drew the interest of a large number of millennials, helping the NFT craze become mainstream. Seeing an opportunity opening up, several blockchain-based gaming companies began working to occupy the new market. The Axie Infinity game, by indie studio Sky Mavis, was one of them….