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Fear & Greed
65
Greed (+3)
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4h ago · Decrypt

Minecraft, Candy Crush Among 11 Games in EU Virtual Currency Crackdown

European consumer authorities have opened eleven coordinated actions against ten video games companies over the way they sell and price in-game virtual currencies, the European Commission <a href="https://ec.europa.eu/commission/presscorner/detail/en/ip_26_2018" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">said</a> Wednesday. The Consumer Protection Cooperation Network, which groups national enforcement bodies and is coordinated by the Commission, named Activision Blizzard UK, Crytek, InnoGames, King.com, Mojang, Plarium Europe, PLR Worldwide Sales, Riot Games, Supercell and Ubisoft EMEA in a <a href="https://commission.europa.eu/document/75ff33d4-77a6-4f14-916a-766a8c6c281c_en" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">joint statement</a>. The games are Diablo Immortal, Call of Duty Mobile, Hunt: Showdown 1896, Forge of Empires, Candy Crush Saga, Minecraft, Mech Arena, Gardenscapes, Valorant, Clash of Clans and For Honor, picked for their broad reach, availability across devices and range of age ratings. The actions follow <a href="https://commission.europa.eu/document/download/8af13e88-6540-436c-b137-9853e7fe866a_en?filename=Key+principles+on+in-game+virtual+currencies.pdf" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">key principles</a> the network published in March 2025. Those say the real-world price of in-game items and currency must be shown prominently, that traders should not mix several currencies or require repeated exchanges in ways that obscure cost, and that players should not be pushed into buying more currency than an item needs. Bundles that deliberately mismatch item prices, leaving players with a stranded balance, are among the practices to avoid. Players also keep a 14-day right of withdrawal, the principles say, including for virtual currency they have bought but not spent. Contract terms granting companies the unilateral right to change the value of in-game currency, or to close accounts without the possibility of contesting it, are flagged as unfair. Children are treated as always vulnerable, and any game not aimed exclusively at adults should expect a significant share of under-18 players. It also classes high spenders as a vulnerable group, saying so-called whales "are likely to struggle with impulse control or gambling disorders" and that games built around them face a stricter fairness test. Crypto sits outside all of it. A footnote excludes <a href="/?post_type=post&p=5742" target="_blank" rel="noreferrer" class="sc-adb616fe-0 dJryYS">><span class="sc-fe458747-4 eaOPgC">cryptocurrencies</span></a> and similar digital currencies that work as an alternative form of payment using encryption, along with virtual currencies as defined in the EU's fifth anti-money laundering directive. Currencies that can only be earned through play, and never bought, are excluded too. The regime is aimed squarely at currencies bought with real money inside closed game economies. The acti

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Flash 2026-10-02 01:48:37 · Bijing Flash

Federal Reserve's Kashkari: Market inflation expectations remain anchored around 2%.

According to CoinWorld news, Federal Reserve's Kashkari stated that market inflation expectations remain anchored around 2%.

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Flash 2026-10-02 01:48:07 · Bijing Flash

Federal Reserve's Kashkari: Supply shocks will gradually fade.

According to Bijie News, Federal Reserve's Kashkari stated that supply shocks should gradually fade, and interest rate hikes are aimed at curbing price expectations.

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Flash 2026-10-02 01:48:01 · Bijing Flash

Federal Reserve's Kashkari: May need to raise rates more than expected.

According to Bijie Network news, Federal Reserve official Kashkari stated that future rate hikes will depend on economic performance and that more rate increases may be needed than expected.

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Flash 2026-10-02 01:47:30 · Bijing Flash

Fed's Kashkari: Financial conditions have not tightened notably

According to CoinWorld news, Federal Reserve's Kashkari stated that based on current data, financial conditions have not shown significant tightening.

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Flash 2026-10-02 01:47:17 · Bijing Flash

Fed's Kashkari: Markets believe Warsh will act to bring down inflation

According to Bijie News, Federal Reserve's Kashkari stated that the market currently believes that Fed Chairman Warsh will take action to push down inflation.

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Flash 2026-10-02 01:46:43 · Bijing Flash

Federal Reserve's Kashkari: Confident about inflation falling back

According to CoinWorld news, Federal Reserve's Kashkari stated that he has some confidence that inflation will fall back, but shocks are still occurring continuously.

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Flash 2026-10-02 01:46:03 · Bijing Flash

Fed's Kashkari: Open to a rate hike in October

According to CoinWorld news, Federal Reserve's Kashkari said he does not have a strong view on whether to raise rates in October and is open-minded about the pace of Fed rate hikes. His September interest rate projection was one more hike this year and another in 2027.

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Flash 2026-10-02 01:44:49 · Bijing Flash

AMD acquires World Labs for $8.2 billion to advance AI research

Coin World News, AMD announced on September 28, 2026, that it would acquire World Labs for $8.2 billion. The all-stock deal is the company's second-largest acquisition in history, after the 2022 acquisition of Xilinx. Founded in 2024, World Labs focuses on developing spatial intelligence and provides AI models that generate and reason about 3D environments. Its products include Marble, a tool for creating 3D environments for robot training, Atlas, an autoregressive diffusion transformer, and Spark 2.0, a streaming 3D Gaussian renderer. The acquisition will put AMD in direct competition with NVIDIA in the AI hardware sector, and AMD's Instinct MI400 series will become the default foundation for physical AI workloads.

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Flash 2026-10-02 01:44:43 · Bijing Flash

Strategy烧掉64% STRC救助基金

CoinWorld data: Protos reports that Strategy has burned through 64% of its once up-to-$2 billion STRC rescue fund, spending $1.28 billion over 10 weeks in an attempt to push its price higher, with less than $724 million remaining. STRC was supposed to maintain a price of $100 per share but failed to do so for most of its trading history. Although Strategy's digital credit securities buyback program allows for the repurchase of its other three stocks, the fund only buys back STRC. STRC has responded somewhat under the company's buying pressure, recently trading at $99.18. Strategy spent $151.7 million repurchasing STRC last week, and the buyback price has also been continuously rising.

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⚠️ Information is for reference only. Data from public sources, may have delays.