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Games & Commerce
U.S. court rules Krafton\'s firing of Unknown Worlds CEO was unfair, orders reinstatement
A U.S. court has ruled that Krafton\'s dismissal of Unknown Worlds\' management was unfair and ordered the reinstatement of the fired chief executive. The Delaware Court of Chancery said Krafton must return operational control of the studio, including authority over the release of Subnautica 2, and extend the calculation period for conditional earn-out payments by 258 days. A separate damages lawsuit will continue.
Crypto
Coinbase ex-CTO warns Silicon Valley could collapse within 10 years, touts crypto as alternative
A warning has emerged that Silicon Valley’s dominance is no longer a given and that its decline is not merely hypothetical. Former Coinbase chief technology officer Balaji Srinivasan points to political risk and structural policy shifts, citing a proposed 2026 California billionaire tax that would levy a 5 percent one-time excise on individuals with net assets above $1 billion. He says growing uncertainty could erode venture capital and that crypto networks could prove more resilient.
Crypto
Dubai Insurance launches crypto wallet for premiums and claims payouts
Dubai Insurance has launched a digital wallet that allows customers to pay insurance premiums in cryptocurrency and receive claims payouts in digital assets, Cointelegraph reported on Jan. 28 local time. The wallet is built on Zodia Custody infrastructure and operates under UAE regulation. Zodia Custody executive Jane Suren said insurers need trusted infrastructure as digital asset adoption accelerates. Cointelegraph said supported assets and coverage across products have not been disclosed.
