42 articles found
🌋 In the Shadow of Sakura: Japan's Untapped Liquidity
🔥 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.
🔥 Sleepless AI Receives Backing from Folius Ventures
Folius Ventures, a venture capital company, has recently invested in the gaming studio Sleepless AI, renowned for its innovative blend of blockchain and artificial intelligence in gaming. The studio's development team is keenly focused on crafting immersive game experiences enhanced by AI companions.
🌋 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.