A lawsuit against Sony is currently pending, demanding $5.9 billion USD from the business for allegedly "ripping off individuals" through the sale of downloadable games for the PlayStation. According to a recent Sky News article, a consumer rights group in the U.K. led by Alex Neill has filed a lawsuit against the Japanese gaming giant, alleging that it charges predatory and anti-competitive prices for the digital versions of its games.

According to the petition, Sony charges a 30 percent fee on all games and microtransactions purchased through its online store, raising the price for customers. Up to nine million customers could share in a settlement from the case that would cost between $79 and 61 USD. 

Tee Grizzley's Grand Theft Auto Roleplay Server has announced a partnership between XSET and him.

Tee Grizzley, a Detroit rapper, has signed an exclusive deal with XSET, the world's fastest-growing gaming and leisure organization. Grizzley and XSET will work together to recruit ex-convicts to join the Grizzley Gang and play on Grizzley World RP, Grizzley's modified Grand Theft Auto roleplay server. Tee Grizzley's Grand Theft Auto Server was used to announce the agreement, making history as the first time a talent joined a gaming organization live in-game. 

"I'm excited to join XSET and take Grizzley Gang Gaming to the next level," said Grizzley. "I've always loved gaming for fun, but now it's so much more than that. I've seen how this industry can really change lives and I can't wait to provide more opportunities for people who have faced similar challenges and adversities as I have."

Just in time for the holidays, the mobile powerhouse makes its way to the Switch.

​As part of the franchise's 10th anniversary celebration, GungHo Online Entertainment has revealed that its blockbuster mobile game Puzzle and Dragons will be coming to the Nintendo Switch. 

Preorders are now open for Puzzle and Dragons Nintendo Switch Edition, which will be released on February 19 at the special price of $4.37. The updated version is tailored to the Nintendo Switch, allowing for seamless transitions between TV, tabletop, and handheld modes.

Naturally, you start to wonder – how is all of this happening? Why are crypto gaming companies like Axie and UFO Gaming up 38% over the last week and still have significant room for growth, leaving their legacy competitors scrambling to keep up? Market News is here to explain to you how.
The Intersection of Two Unstoppable Industries: Gaming and Cryptocurrency.
The gaming industry is currently worth a staggering 180 billion. It's the fastest-growing form of entertainment globally, with a higher market worth than both music and movies combined.
In 2021, we saw the rise of GameFi and NFTs in the crypto and blockchain world.

Cybersecurity researchers have identified members of the hacking group Lapsus$, one of whom is believed to be a teenager in the UK.

Jack Grimshaw
A recent report by Bloomberg details the findings, stating that some of the attacks have been traced back to a 16-year old living in his mother’s home near Oxford, England. Four companies were targeted by Lapsus$, including Microsoft, Nvidia, Ubisoft and Okta, with the motivation remaining unclear.

Electronic Arts, a worldwide leader in interactive entertainment and sports gaming, and CLC, the nation’s leading collegiate trademark licensing company, announced the expected return of college football to EA SPORTS™. The partnership allows for EA SPORTS to be the exclusive developer of simulation college football video game experiences. Development of EA SPORTS College Football is just underway, with launch timing still to come as the project progresses in the years ahead.