Techme101.com

On Friday afternoon, President Joe Biden announced his decision to veto a House of Representatives move that sought to repeal the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin 121 (SAB 121).
The controversial SEC accounting guidance requires financial institutions holding crypto assets for customers to include these assets on their own balance sheets, which critics argue makes it challenging for these institutions to work with crypto companies. In his veto statement, President Biden wrote:
This Republican-led resolution would inappropriately constrain the SEC’s ability to set forth appropriate guardrails and address future issues. This reversal of the considered judgment of SEC staff in this way risks undercutting the SEC’s broader authorities regarding accounting practices. […] My Administration will not support measures that jeopardize the well-being of consumers and investors.
Banks can’t hold crypto
The veto announcement came shortly after banking group American Banker Association sent a letter to the President, urging him to sign the resolution to overturn SAB 121. The banking organizations’ letter argued that the guidance, as per the Government Accounting Office, prevents regulated banking groups from offering custody services.
Lawmakers also requested that the administration work with the SEC to rescind the guidance if the President still intended to veto the resolution. Despite the resolution passing both chambers of Congress with significant majorities, President Biden’s veto demonstrates his administration’s stance on the matter.
Senator Ron Wyden (D-Ore.), a member of Biden’s party who voted for the resolution, criticized the guidance during CoinDesk’s Consensus 2024 conference in Austin, Texas, arguing that it creates a different standard for crypto compared to other assets in the financial sector.
The post Biden vetoes Congressional repeal of anti-crypto banking measure appeared first on ReadWrite.

Sony has announced that the PlayStation VR2 will allow players access to games on PC via an adapter.
The Japanese console giant released a new statement on the adapter and the changes coming to the virtual reality headset. Owners of the PlayStation VR2 will be able to access these features on August 7.
PlayStation VR2 PC compatibility
As we reported late last month, details emerged about a possible adapter for Sony’s flagship headset. No major updates were announced, but a Sony blog post did hint at a non-descript 2024 release for PC compatibility.
The statement said, “We are currently testing the ability for PS VR2 players to access additional games on PC to offer even more game variety in addition to the PS VR2 titles available through PS5. We hope to make this support available in 2024, so stay tuned for more updates.”
Sony has now made good on its decision to leap into the PC realm and make it possible for expensive tech owners.
Players can access the Steam library of games, meaning “thousands of VR games, including fan favorites like Half-Life: Alyx, Fallout 4 VR, and War Thunder.”
The adapter isn’t cheap, though. It costs $59.99 / €59.99 / £49.99. Sony also mentioned a “commercially available DisplayPort cable (sold separately) that is compatible with DisplayPort 1.4, as well as a Steam account and a PC that meets the minimum requirements.”
Minimum requirements:

Operating system: Windows 10 64-bit / Windows 11 64-bit
Processor: Intel Core i5-7600 / AMD Ryzen 3 3100 (Zen 2 or later architecture is required)
RAM / memory: 8 GB or more
GPU / graphics card: NVIDIA GeForce GTX 1650 or later (Turing or later architecture is required), NVIDIA RTX series, AMD Radeon RX 5500XT or later / AMD Radeon RX 6500XT or later, (For the best performance, we recommend that you use an NVIDIA GeForce RTX 3060 or later or AMD Radeon RX 6600XT or later graphics card)
DisplayPort: DisplayPort 1.4 (must have a standard DisplayPort or Mini DisplayPort output port)
USB: Direct connection only
Bluetooth: Bluetooth 4.0 or later

Players can access a large library of Steam games, but Sony hasn’t made the transition as accessible and easy as possible. Sony hopes players stick to their manufactured devices, but this is a positive step in a much-needed direction.
Image: Sony.
The post PlayStation VR2 players will be able to access PC games via adapter appeared first on ReadWrite.

E3, the Electronic Entertainment Expo staged by the Entertainment Software Association of America, is no more, but its spirit lives on, in the sense that June is still when video game enthusiasts expect major stage shows and live stream reveals for what publishers have cooking in the coming year, and beyond.
Anchored by Geoff Keighley’s Summer Game Fest, which stepped in for E3 when the COVID-19 pandemic first canceled the annual convention in Los Angeles in 2020, the first weekend of June will see 13 — and counting — streamed events showcasing new video games and hardware due to release in the coming year. These are their dates and start times:

Guerrilla Collective Online Showcase: Thursday, June 6, 1 p.m. EDT. Twitch and YouTube
Summer Game Fest: Friday, June 7, 5 p.m. EDT. (Twitch and YouTube)
Day of the Devs 2024: Friday, June 7, 7 p.m, EDT (right after Summer Game Fest. Twitch and YouTube)
IGN Live: Friday, June 7 to Sunday, June 9, airing 10 a.m. to 6 p.m. EDT all three days.
Devolver Direct: Friday, June 7, 8 p.m. EDT. Twitch and YouTube.
Future of Play Direct: Saturday, June 8, 11 a.m. EDT. YouTube.
Wholesome Direct: Saturday, June 8, noon EDT. Twitch and YouTube.
Latin American Games Showcase: Saturday, June 8, 1 p.m. EDT. Twitch and YouTube.
Women-Led Games Showcase: Saturday, June 8, 2:30 p.m. EDT. Twitch and YouTube.
Future Games Summer Showcase: Saturday, June 8, 3 p.m. EDT YouTube, Twitch, Facebook, and X.
Xbox Games Showcase (immediately followed by) Call of Duty: Black Ops 6 Direct: Sunday, June 9, 1 p.m. Facebook, Twitch, and YouTube.
PC Gaming Show: Sunday, June 9, 4 p.m. EDT. Twitch and YouTube.
Ubisoft Forward: Monday, June 10, 3 p.m. EDT. Twitch and YouTube.

Featured image via Wikipedia.
The post Here’s the schedule for this summer’s video game reveals and livestreams appeared first on ReadWrite.

Helldivers 2 fans were jubilant after the black hole created by their most recent military success. Still, it might be short-lived as the ominous signs of The Illuminate, a potential game-changer, emerge.
The event was centered around the Merida supercolony of insect villains, the Termanids, that plagued the planetary sector. Helldivers were tasked with spreading a new “dark fluid” weapon around the area to encase the planet.
The weapon wasn’t a casket to keep the insectoid race at bay but rather a weapon capable of collapsing an entire planet. The resulting military operation would cause a climatic event and create a black hole or, according to some players, a wormhole.
Khoakuma, a player on the Helldivers 2 Reddit, said, “A mass of a typical planet cannot produce a black hole that big. You need to compress the mass of the Earth into the size of a pea (about 9mm) in order to turn it into a black hole. It’s probably a wormhole lol.”
This is what happened if you were in orbit around Meridia when the MO completed + bonus after byu/Interjessing-Salary inHelldivers

Helldivers collapse Meridia
Arrowhead Studio’s cheesy media cycle released a newsfeed covering the weapon’s resulting fallout. Strohmann news via the Helldivers X said:

Breaking: Helldivers Destroy Bug Supercolony!
Where once the heart of Terminid darkness stood, now a beautiful black hole shines as a symbol of justice on a galactic scale. pic.twitter.com/n6nXKuuFoZ
— HELLDIVERS 2 (@helldivers2) June 3, 2024

The news feed says that the Termanid threat has been reduced, and a counter-offensive has been launched against the game’s other villains, the Automatons.
Rumors, a staple of the Helldivers experience, are swirling around the new black hole. They hint at the possibility of something emerging from this tear in the time-space continuum, perhaps an old villain from Helldivers 1, The Illuminate.
It would make sense for a new enemy to join the fray to bring some variation to battles and operations. It would also be overwhelming for players to fight a war on three fronts and keep the narrative turning. So the Termanid menace might get benched in preference to the mysterious Illuminate.
Players like Inlukewarmblood think how this possible portal was created speaks to the dark humor of the Helldivers universe. Saying on Reddit: “If we truly did make a wormhole instead of a black hole – which honestly I’m pretty sure we did, seeing as AH (Arrowhead) need a good way to introduce the Illuminate and this tech was stolen from them – then this was quite possibly the funniest thing we could’ve done to piss them off. When they come through that portal brandishing the bug-infested hellhole we just left on their front porch, I will not be surprised in the slightest.”
We’ll need to wait for more information about the mysterious villain’s emergence into the game. For now, Arrowhead released a patch over the weekend to tackle a few persisting bugs.
Image: Arrowhead Studios.
The post Helldivers 2 recent black hole event was celebrated by fans but signals The Illuminate appeared first on ReadWrite.