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Binance Labs pledges $15M for Xterio: Boosts AI & Web3 gaming
13.7.2023
Binance Labs, which is the venture capital wing of Binance, has pledged the amount of $15 million towards Xterio, a top Web3 game platform. The entity is also engaged in free-to-play and on-chain gaming. It is in the process of developing in-house as well as third-party games. The funding amount...
Binance Labs Invests $15M in Web3 Gaming Startup Xterio
13.7.2023
The capital will help Xterio add more games and artificial intelligence integrations to its platform
Blockchain gaming platform creates refundable NFT program
12.7.2023
Spielworks CEO Adrian Krion said that the NFTs will also provide mining power and material drops to players of their Dungeon Worlds game
GGEM: Connecting Web2 and Web3 gaming realms
12.7.2023
GameFi has been one of the most lucrative and fastest-growing sectors in the Web3 industry in the last two years. Market research estimates that blockchain gaming pulled in around $4.5 billion in funding in 2022. Many reputable experts are very bullish on Web3 gaming, including Animoca’s...
EU ‘Understands the Benefits of Having One Crypto Market’, Says Blocktrade CEO Christian Niedermüller
12.7.2023
The EU's comprehensive work on regulating the industry will provide numerous benefits to crypto companies and their customers, argued Christian Niedermüller, CEO of the fully regulated crypto platform Blocktrade, in an interview with Cryptonews.
However, it will also create certain difficulties...
50th GST Council Meet announces 28% GST on online gaming
12.7.2023
The 50th meeting of the GST Council has made multiple significant revelations. The council has decided to levy 28% GST on multiple online gaming activities. This tax will apply at the full face value, covering activities such as Horse Racing and Casino gaming. The Ministry of Finance released...
Stepn Creator Plans to Give Away $430,000+ in Crypto to Generate Buzz for New Video Game
11.7.2023
Find Satoshi Lab, the team behind the blockchain-powered fitness app STEPN, has revealed its first Web3 video game called 'Gas Hero' and said it would give away some $431,400 in a contest promoting it.
Per Find Satoshi Lab, this is a Web3 social game that will invite users to collect Gas Hero...
Japanese Gaming Giant Sega to Pull Support From ‘Boring’ Blockchain Games
11.7.2023
Sega, one of the biggest game developers in Japan, has recently announced changes regarding its blockchain and Web3 gaming policy. The company announced it would not involve its largest franchises in blockchain initiatives, avoiding a possible devaluation of its intellectual properties (IPs)...
Best Prime Day Deals So You Stop Running Out Of Storage On Your PS5, Xbox, And Switch
11.7.2023
Games downloads are enormous these days, and they’re showing no signs of getting smaller. Those gigabyte numbers just keep going up, so your storage, whether hard drives, solid-state drives, or microSD cards, must match it. Tomorrow and Wednesday (July 11 and 12) could be a good time to expand your...
Prime Day Sales: Grab Elden Ring, No Man’s Sky, And More For Cheap
11.7.2023
Is that gaming shelf of yours looking a little sparse? Missed out on a few modern classics? Been meaning to pick up a couple of games that grabbed your attention but were perhaps not quite worth full price? This year’s (two-day) Amazon Prime Day sale has some particularly excellent games worth...
Gaming gear maker Razer hacked, user data, encryption keys for sale online: Report
10.7.2023
The Singapore-U.S. gaming company has responded to reports of 404,000 emails, keys, logins and other info for sale; it hasn’t finished dealing with a 2020 leak yet
Sega Admits Crypto Games ‘Aren’t Fun to Play’ – Could Other Gaming Firms Follow Suit?
10.7.2023
A top executive at the gaming giant Sega says “play to earn crypto games” are “no fun” to play, and could reel in its blockchain gaming ambitions.
The firm has previously explored the notion of using NFTs in gaming and has signed blockchain partnership deals with a number of notable domestic...
Report: Crypto Industry Boasts 10,000 Companies and 190,000 Professionals With a Collective Valuation of $180 Billion
9.7.2023
A recent report released by K33 Research three days ago reveals that as of July 2023, the cryptocurrency industry boasts approximately 10,000 companies, employing an estimated 190,000 crypto professionals. Notably, K33 provides a comprehensive snapshot of the crypto landscape, highlighting that...
Web3 Gaming Ecosystem Neon Link Announces July 13 for Public Token Sale
7.7.2023
Pioneering Web3 gaming platform Neon Link has announced the launch date of its public token sale, which will commence on July 13, 2023, at 13:00 UTC. The emerging blockchain innovator has created an entire ecosystem to play and develop online games with a community-driven focus at its center. With...
Today in Crypto: Saga Pulls Back From Blockchain Gaming, Bitfinex Recovers More Stolen Assets, BarnBridge DAO Members Told to Stop 'All Work' Amidst Investigation, Lightning Labs Releases Tools for Bitcoin Lightning & AI Devs
7.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Saga Pulls Back From Blockchain Gaming, Bitfinex Recovers More Stolen Assets, BarnBridge DAO Members Told...
The future of online gaming: Insights from statistical reports
7.7.2023
Online gaming refers to video games that can be played using a device and an internet connection. The industry is witnessing a growing demand for gaming access and has become one of the largest fantasy markets in the world. Due to various factors, such as geographical restrictions and the COVID-19...
Vermantia & Edgio enter partnership for custom live streaming
7.7.2023
Vermantia and Edgio recently announced a partnership in EMEA. The collaboration will see the parties holding customized live-streaming events in the region. The reseller partnership with a global content provider will allow Edgio to promote its services. Similarly, Vermantia will use Edgio’s Uplynk...
Sega Rethinks GameFi Plans, COO Calls Blockchain Gaming 'Boring': Bloomberg
7.7.2023
Sega earlier promised it would carefully assess play-to-earn gaming models and NFTs to make sure its efforts in the space weren’t seen as “simply money making.”
It Is 2023, Please Stop Blowing Into Nintendo Consoles
7.7.2023
Yeah, it’s cute, it’s folklore, people used to blow into the cartridge slots of their Nintendo games in the olden days if they were having hardware issues. The thing is, it was all bullshit. It didn’t fix them, if anything it made things worse. Yet so strong has the urban legend become that, in...
iGaming Platform unveils a new brand identity
6.7.2023
iGaming Platform, also known as iGP, has announced a brand new identity. iGaming Platform recently went through a full-scale rebrand as a part of its ambitious and bold branding strategy. It has launched a new website to officially mark the significant milestone in its existence of 7 years. iGaming...