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Spellfire Oversubscribed Twice, a Staggering $3.8M Raised


Spellfire Re-Master the Magic, a modern take on classic collectible card games, has completed its private funding round, raising a staggering $3.8 million. Leading investors DAO Maker and Shima capital, are joined by Genblock, IBC group, Faculty group, IBA, Maven Capital, Autonomy Capital...

Russia Busts Revil Ransomware Group on US Request, Arrests 14 Members


Russian law enforcement agencies have dismantled the notorious hacking group Revil, believed to be behind ransomware attacks in the U.S. involving cryptocurrency. Although Moscow is unlikely to hand over Russian citizens to Washington, the operation has been carried out on request from the United...

Despite Pandemic, Gaming CEOs Made An Obscene Amount Of Money In 2020


In 2020, as the world grappled with a paradigmatic societal shift in the form of a globe-spanning pandemic, chief executives of the biggest gaming companies collectively brought home close to $1 billion. That’s according to a new report from market intelligence firm Games One, which collates...

NYCB and Group of Banks Join to Launch USDF Stablecoin


A group of U.S.-based banks is launching their own stablecoin, USDF. The stablecoin will be issued by the USDF Consortium, which will allow its members (financial and banking institutions) to issue USDF. The proposed stablecoin will be the first currency of its kind to be minted by FDIC-insured...

Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition


The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with services and solutions for digital financial assets. Tinkoff Bank Buys Stake in Aximetria TCS Group...

Near Foundation Raises $150 Million to Bolster Web3 Adoption


On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than...

GTA Publisher To Buy Farmville Maker Zynga For $12.7 Billion


Take-Two, the publisher behind some of the biggest names in gaming like Grand Theft Auto and NBA 2K, today announced a deal to buy mobile game company Zynga for $12.7 billion. If the acquisition of the FarmVille creator goes through, it will mark the biggest sale in video game history.Read more

Decentraland Gets Its Own Times Square and New Year's Eve Ball Drop


  Jamestown, the owner of the Times Square building in New York, partnered with Digital Currency Group (DCG) to recreate this famous place in the Big Apple in the virtual world of Decentraland (MANA) for the New Year’s Eve ball drop.... Read More: Decentraland Gets Its Own Times Square and...

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