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83 articles found
Latest
Sonic SVM Launches Token and Airdrop
Sonic SVM, the layer-2 gaming network on Solana, has officially announced the launch of its token on Tuesday, accompanied by an exclusive airdrop for its TikTok gaming audience. This strategic step aims to onboard Web2 users into the Web3 ecosystem.
CyberKongz NFT Project Under SEC Scrutiny
The U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to CyberKongz, signaling heightened regulatory action. This development raises fresh concerns about the future of web3 gaming.
B3 Gaming Platform by Base Developers: Activity Guide
B3 has raised $21 million in funding and aims to build a cutting-edge gaming ecosystem. This article provides an overview of available activities and step-by-step instructions for participation.
Immutable Reacts to Potential SEC Lawsuit
Blockchain gaming company Immutable received a Wells Notice from the US SEC (Securities and Exchange Commission). This means the agency is considering filing a lawsuit against Immutable for violating securities law.
Investors Pour $12M into Sonic, the L2 Blockchain
Sonic, a second-layer gaming blockchain built on Solana, has raised $12 million in its latest funding round, reaching a diluted valuation of $100 million. Prominent venture firms like Bitkraft Ventures, Galaxy Interactive, OKX Ventures, and others participated in the investment.
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ZKasino Pledges to Return Client Assets
Gaming project ZKasino has initiated a 72-hour registration window for anyone wishing to return their ZKAS tokens and reclaim their ETH investments. Following this period, the developers will verify and publish a list of wallets eligible for an ETH refund to facilitate community discussion.
VR Games: Which One to Choose?
The launch of accessible VR headsets has ushered in a new era for developers: the ability to craft games for virtual and mixed realities, as well as to retrofit beloved multimedia apps for 3D gaming needs. Let's explore a handful of standout projects that VR gamers should not miss.
In the Shadow of Sakura: Japan's Untapped Liquidity
Director Ryo Matsubara of Japan's GameFi project, Oasys, stood as the voice of the blockchain community in discussions with the governing Liberal Democratic Party. These crucial talks, held with the LDP's Web3 Project team, tackled the intricacies of Japan's blockchain gaming industry.
Off The Grid: A Web3 Game on Xbox
Xbox, the world’s most powerful gaming console, is embracing Web3 technologies. To maintain its competitive edge and draw in new players, the company has added the first blockchain-based shooter developed by Gunzilla Games to its gaming store.
Web3 Gaming Developer Wemade Under Scrutiny
South Korean prosecutors have launched an investigation into Wemade, a developer of Web3 games with a market capitalization exceeding $1 billion. The company is suspected of failing to register officially as a virtual asset service provider, thereby allegedly violating local laws and gaining unfair profits over an extended period.
Community Gaming’s Forkast Platform to Launch in January
The Web3 gaming ecosystem, Community Gaming, has announced the launch of its Forkast prediction market platform on January 7, 2025, alongside the CGX token on the Ronin bridge.
How Crypto Exchanges’ Games Are Transforming GameFi in 2024
2024 marks a turning point for the GameFi industry. Previously associated with niche projects and complex mechanics, the sector is now embracing a new trend: top cryptocurrency exchanges are rolling out their own gaming products.
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KOLs: Definition, Characteristics, and Industry Influence
Key opinion leaders (KOLs) play a pivotal role across sectors like finance, gaming, fashion, and crypto is no exception.
Treasure Considers Switching to ZKsync
Treasure DAO, which is set to launch its own gaming network, is considering migrating to the Layer 2 blockchain ZKsync instead of Arbitrum, citing a more suitable infrastructure for decentralized games. A vote is scheduled for September 17 to allow users time to discuss the proposal.
Ethereum’s TPS Hits New All-Time High
The Ethereum ecosystem, including its L2 and L3 blockchains, has set a new record for transactions per second at 245 TPS. A significant portion of this achievement, nearly 50% or 101 TPS, was contributed by the relatively new gaming-focused L3 blockchain, Xai, even though its total value locked (TVL) is less than $2 million.
Neoclassic Capital Enters the Crypto Investment Arena
Michael Busella and Steve Lee, with storied careers at Goldman Sachs and BlockTower, introduce Neoclassic Capital, an investment company targeting the digital asset landscape. Their strategic focus spans tokenization to gaming and social networks, covering a broad spectrum from emerging startups to established public firms.
A New Virus Targets the Cryptocurrency of Cheaters
A newly discovered computer virus specifically targets gamers who buy and use cheats, aiming to pilfer their login details and crypto holdings. To date, it has compromised over 4.9 million gaming accounts and an indeterminate amount of cryptocurrency.
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Best GameFi Projects To Watch in February 2024
The beginning of 2024 marks a bullish turn in the market, reigniting interest in Play-to-Earn technologies that blend gaming with decentralized finance. Which projects are at the forefront of this sector?
PlayDapp Endures Double Hack Disaster
PlayDapp, the cryptocurrency gaming platform, is reeling from a massive $290 million token loss following two hacking incidents in just one week. The initial breach was on February 9, where a hacker managed to mint 200 million PLA tokens, valued at $36.5 million, presumably by cracking into the developers' private key.
Roblox Breaks Down Language Barriers for Players
The popular gaming platform Roblox has added an AI-powered translator to its in-game chat, enabling players to communicate in real time across different languages and understand each other seamlessly.
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