Monthly Archives: September 2022

Metaverse Magna raises $3.2M at a $30M valuation to build Africa’s largest gaming DAO

This February, Africa and emerging market-focused Nestcoin raised a pre-seed round to build, operate and invest in its web3 applications, including crypto content platform Breach Club and gaming guild Metaverse Magna (MVM). Nine months after its launch last December, the latter has completed a seed sale token round of $3.2 million at a $30M fully…

Russia bans actors Ben Stiller and Sean Penn as part of new round of sanctions

Ben Stiller testified before the Senate Foreign Relations Committee on May 1, 2019 in Washington, D.C. Aurora Samperio/NurPhoto via Getty Images Russia is banning Ben Stiller, Sean Penn, and 23 other Americans from entering its country. The new round of sanctions also named several US senators, including Pat Toomey and Kyrsten Sinema. Stiller and Penn…

Federal judge grants Trump’s request for a special master to look through docs seized in the FBI’s search of Mar-a-Lago

Former President Donald Trump speaks at CPAC in Dallas, Tex., on August 6, 2022. Brandon Bell/Getty Images A federal judge granted Trump’s request for a special master to review seized docs.  The special master would screen for “potentially privileged material.”  The DOJ had opposed the move, arguing that Trump “lacked standing.” A federal judge in…

Meta faces $402 million EU fine over Instagram’s privacy settings for children

Meta has been fined €405 million ($402 million) by the Irish Data Protection Commission for its handling of children’s privacy settings on Instagram, which violated Europe’s General Data Protection Regulation (GDPR). As Politico reports, it’s the second-largest fine to come out of Europe’s GDPR laws, and the third (and largest) fine levied against Meta by…