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People love referring to Bitcoin as a "cryptocurrency," but the Internal Revenue Service looks at it a little differently. According to a new IRS statement, Bitcoin should be considered property, not currency. What does that mean for US Bitcoin aficionados? Quite a bit, actually....

11 months ago 0 Comments
March 25, 2014 at 3:49PM
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Business Insider (no relation) is reporting that Worlds.com CEO Thom Kidrin is intending to sue anyone who will not license their virtual worlds product through him, and since Kidrin claims they hold the patent to virtual worlds, everyone has to get a license. Since this is a legal issue I'll lay ...

5 years ago 0 Comments
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MetaPlace is not an MMOG. It's a platform for creating virtual spaces that can be used for anything the creators can imagine. As such, the traditional MMO EULA is completely inadequate. Raph Koster -- the head honcho on the MetaPlace project -- made that clear in a panel at AGDC08. So, the folks wo...

6 years ago 0 Comments
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Now that Blizzard has confirmed that beta keys from Blizzcon 07 and Worldwide Invitation 08 will be used to get into the Wrath of the Lich King test, they've become a pretty hot commodity. Sure they're for sale on eBay ranging from about $200 to $600, but what are they worth. I kind of wish I'd been...

6 years ago 0 Comments
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Linden Lab has been overhauling its website and promotional material lately for the poorly understood virtual world Second Life. One of the key changes to be spotted is the alteration of the long-standing descriptor, "Second Life is a 3D online digital world imagined, created and owned by its reside...

7 years ago 0 Comments
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As if the Burj Al-Arab (and Time Residences) in Dubai wasn't unique enough, Omniyat Properties is getting set to construct a 23-story luxury tower inspired by none other than Apple's iPod. Slated to be built in Business Bay, the "iPad residential tower" is scheduled to house more than 200 units, and...

8 years ago 0 Comments