Google is cautiously allowing Android app developers to add NFTs into their apps and games. It has worked on a new policy that will ensure NFTs are offered in a safe and trustworthy manner.
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Meta has decided to shelve its work with NFTs and focus on other ways to help creators make money. It comes as the company tries to run a tighter ship to help it out in this worsening economy.
Mojang has said that it's banning the use of blockchain technologies, including NFTs, in Minecraft. This means online servers can't leverage the technology to sell in-game items either.
In an attempt to bring NFTs to a broader audience and to provide new monetization opportunities to its users, Instagram is testing digital collectibles with some U.S. creators and collectors.
In an effort to raise funds for the ongoing armed conflict, the Ukrainian government has indicated that it will 'offer' Non-Fungible Tokens (NFTs). The govt. has canceled plans to issue airdrops.
Cryptocurrencies are being used to facilitate the transfer of millions of dollars in aid to Ukraine. The firm Elliptic said that over $16.7 million has been sent to the Ukrainian government and NGOs.
The HMRC in the UK has claimed that it "seized" Non-Fungible Tokens (NFTs) as part of a tax evasion and fraud case, amounting to $1.9 million, making this the first-ever crypto-asset seizure.
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In a blunt interview, a Ubisoft executive has indicated that gamers who are opposed to the idea of NFTs in games just can't comprehend how beneficial the technology is for the community.
Microsoft subsidiary M12, a venture fund, has helped Palm NFT Studio raise $27 million in Series B funding. M12 said NFTs will help to unlock Web3 which will have several advantages over Web2.
AMC and Sony will be giving 86,000 NFTs away to select customers who come and see Spider-Man: No Way Home on December 16. The event is going to be notable because AMC is the first cinema to do this.
Microsoft had lots of stuff to announce this week including tons of Windows 10 and Windows 11 builds, a surprise drop for Halo Infinite Multiplayer, and enhancements to its Edge browser.
Xbox chief Phil Spencer has shared his thoughts on the state of NFTs and blockchain in gaming, saying that the current implementations are experimental in nature and feel very exploitative.
Binance Labs has announced the start of Season 3 of its Incubation Program which will help nine nascent crypto projects develop further, find funding from investors and find new partners.
Valve has announced that games based on blockchain technology that allow the exchange of NFTs are not welcome on Steam. Meanwhile, the doors at Epic Games Store are still open for those affected.
