Day: February 15, 2020

The IRS’ Fortnite Currency Tax Mishap Is a ‘Black Mirror’ Moment for Gaming

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The IRS mistakenly classified in-game currencies as taxable for months. It removed this classification almost immediately after reports went live. This mistake hints at a dystopian future for in-game currencies. Imagine a world where not only your real-life purchases were taxed but also your in-game ones, like Fortnite’s V-bucks. We caught a little glimpse of that era today via a CNN report on an IRS document regarding the subject. Put in place back in October, the posting considers in-game currencies such as V-bucks as a “convertible virtual currency” like bitcoin. That…

This Company Wants to Save E3 2020, and It’s Inviting Keanu Reeves for the Ride

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Limited Run Games, a company that releases physical versions of digital games, announced a plan to “save E3.” The company will be holding an E3 live stream on June 8 at 3 p.m. ET. The announcement comes after Geoff Keighley, who hosts a popular interview event at E3, announced that he won’t be going to E3 2020. On Twitter, Limited Run Games announced its “Limited Run Saves E3” live stream. On June 8 at 3 p.m. ET, the company will be streaming announcements on its Twitch channel. It’s unclear which…

Analysis That Predicted Ripple XRP’s $0.17 Bottom: 200% Rally is Coming

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XRP has been on an absolute tear over the past 60 days. Since bottoming at $0.17 in the middle of December, the cryptocurrency, currently the third-largest by market capitalization/value, has surged by just under 100%, hitting $0.336 just minutes ago as the time of this article’s writing. Related Reading: This Bitcoin Metric Is Over 100% Higher in 2 Months, and It’s Critical for Bulls This move has caught many traders off guard; indeed, after the asset’s -50% performance in 2019, some cryptocurrency investors were sure the asset was on a…

Analysis That Predicted Ripple XRP’s $0.17 Bottom: 200% Rally is Coming

boss

XRP has been on an absolute tear over the past 60 days. Since bottoming at $0.17 in the middle of December, the cryptocurrency, currently the third-largest by market capitalization/value, has surged by just under 100%, hitting $0.336 just minutes ago as the time of this article’s writing. Related Reading: This Bitcoin Metric Is Over 100% Higher in 2 Months, and It’s Critical for Bulls This move has caught many traders off guard; indeed, after the asset’s -50% performance in 2019, some cryptocurrency investors were sure the asset was on a…

Police Are Silently Stealing Your Photos to Use Against You

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Clearview AI can create an in-depth profile on any person based on a single photo. Everything from that person’s activities and interests to their network of friends is easily accessible via the Clearview database. The police say the tech is “the biggest breakthrough in the last decade,” and the privacy concerns that raises are alarming. A tiny company headed up by an Australian has quietly opened up Pandora’s box. Clearview AI created advanced facial recognition technology that law-enforcement officers say is “the biggest breakthrough in the last decade.” The software,…