FTX Acquires Good Luck Games
Cryptocurrency exchange FTX & FTX Gaming make progress and expansion into the blockchain video game realm by acquiring Good Luck Games.
Crypto Exchange FTX Enters Gaming (Updated)
Crypto and gaming nexus is getting a solid expansion with FTX crypto exchange launching its gaming department.
Bitcoin And NFT Gabe Newell Talks
While on a promotion spree of Valve’s newest venture and product Steam Deck, Gabe Newell has shared thoughts on several subjects.
Blockchain Tech, Games and P2E
Blockchain Technology, Video Games equals Earning Opportunities for every gamer! Play To Earn (P2E) Opportunities are all over in 2022.
Reddit Founder On Crypto Games and More
He believes that the play-to-earn crypto games phenomenon will be the new norm for gamers in the next five years.
Axie NFTs Reach $4 billion
Axie Infinity’s run in 2021 was spectacular in terms of NFT transactions with a transaction volume of more than $3.5 billion.
South Korea’s Removal Play-to-Earn
In a recent move by the authorities in South Korea, Apple and Google are asked to remove play-to-earn games from their respective stores
Valve Criticized On NFT Games Ban – 2023
A group of blockchain game studios said that Valve was wrong to ban the NFT-based game from Steam. Steam has a strict ban on NFT games.
Mythical Games Announces Partners 2023
Mythical Games announced the first developer for the Mythical Platform to build or integrate playable blockchain-based economies into games.
Potential Crypto, NFT, Blockchain 2023
The massive potential of crypto, NFT, and blockchain-based games has made people switch careers from traditional ways of earning.
Epic Games Support Cryptocurrency – 2023
Epic Games is one of the few gaming companies that came forward to support NFT, web3, and blockchain-based games.
Electronic Arts And NFT Games – 2023
EA, Electronic Arts sees Huge Potential in NFT Games. NFT Games and Blockchain technology are the buzzwords in the gaming industry nowadays.
Blockchain Trending Among Developers – 2023
The rise in blockchain technology’s massive popularity is also due to the soaring popularity of play-to-earn gaming model.
CEO Kraken On Metaverse, Crypto, NFT – 2023
Jesse Powell, CEO of Kraken, shared thoughts on metaverse, liked the idea already in several games World of Warcraft, Second Life, Runescape.
Future Internet, Inspiration Games
The internet future gets inspired by our video games industry. We got introduced to new terminologies NFT, blockchain, crypto, metaverse
Gaming Guilds & Crypto Games, A Simple Guide
Gaming Guilds and Crypto Games, what does it mean? So what exactly are gaming guilds and why are they becoming so popular?
Video Game Industry NFT’s; Cash Grab?
Video Game Industry NFT: A Real Change or Just a Way to Make More Money?
The tech and gaming industries have been all about NFTs and blockchain gaming for the past few years. But there are different opinions on the subject in the gaming industry. Some call it a revolution and the future of gaming. Others aren’t sure about it and think it’s just another way to make money. Also, gamers and fans have said what they think about the problem and are very vocal about it.
Fractal NFT Platform Victim Of Scam
Justin Kan’s Fractal NFT platform, marred with scam even before its debut. Hack attacks and scams are rampant when it comes to crypto-verse.
Nexon America makes Big Move Towards Crypto
Nexon America, a gaming company and subsidiary of South Korean gaming giant Nexon, announced that it has started accepting cryptocurrencies.
Voodoo Blockchain Games Is A GO
French hyper-casual game company Voodoo announces that it plans to make massive investments in blockchain-based mobile games.
China Warns Citizens Against Blockchain
China’s offensive against crypto-related things continues and now it has warned its citizens via state television.
Hackers Focus On Crypto Gaming
Hackers on the Prowl as $404 Million Lost in Attacks this Month. There is an influx of massive amounts of money hackers try to break in
Games Accelerate Growth Crypto’s
Play-to-earn games have propelled the popularity of crypto’s in a huge way and the reason behind it is easy to understand.
Gala Games & C2 Ventures
Gala Games has made tremendous efforts and progress when it comes to blockchain technology and gaming. C2 Ventures Launch $100 Fund w/ Gala
Crypto Games Surpass DeFi in Popularity
Play to Earn Crypto, GameFi, Games Surpasses DeFi in Popularity. DappRadar has come up with interesting stats on crypto
What’s Up With Blockchain & Games?
Blockchain Tech and Video Games, what is all the Fuss About? People have stopped using traditional ways to make money because crypto, NFT, and blockchain-based games have so much potential. Nowadays the trendy buzzwords in the tech world are NFTs, cryptocurrency, blockchain, DeFi, and more. And the video game industry has also picked up with the newest trend as it did in the past with others.
Crypto Investment Program Animoca
Animoca Brands and Binance Smart Chain joined hands to launch a $200 million investment program to facilitate crypto gaming startups.
Play Ventures invests $75 million in blockchain technology
Play Ventures sets up the Play Future Fund and puts $75 million into blockchain gaming.
A gaming venture capital company called Play Ventures has raised $75 million for a blockchain gaming fund called the Play Future Fund. The fund will put money into blockchain gaming startup projects and web3 startups. Singapore-based Play Ventures has put money into three companies: Community Gaming, ReNFT, and GuildFi. All three projects have something to do with blockchain gaming, and Community Gaming is using NFTs and blockchain to run a tournament.
Metaverse Ahead Of The Big Tech Companies – 2023
Metaverse, NFT’s, and cryptocurrencies have become massively popular. Many big names have already announced their plans to create a metaverse.
NFTs and Video Games Industry 2023
The gaming industry is discussing NFT. Know what?
As a gamer, you’ve probably heard the term NFTs in the last year or so. It’s confusing. NFTs have to do with cryptocurrencies and the blockchain, but why are they being linked to games? Why are video game publishers are now creating NFT-based games? What do gamers have to do with N-FT’s? I mean what are NFT’s? Many do not know about it. The answer lies in the interdisciplinary barren and drylands of the economy and computer sciences. Bear with us today, as we will answer all your questions.
Forte Raises $725M
The funding for Forte came when other NFT gaming companies have crossed the $1 billion valuations. Some companies reached unicorn status
Games Driving Blockchain Technology – 2023
Blockchain technology and cryptocurrencies are present some time now. Technology witnessed steady growth thanks to its unique features
Steam Removes NFT Games – 2023
A new version of Steam’s rules and guidelines shows thatit has banned games that are built on blockchain, trade NFT and cryptocurrencies.
Tim Sweeney, Epic Games And Blockchain – 2023
Even though NFT and blockchain technology are constantly criticized, Tim Sweeney decided to go for it. The biggest problem with NFTs and blockchain technology is that scams and shady business practices are common.
Binance Shuts Down Binance Connect Amidst Industry Shakeup and Regulatory Battle
In a significant development, Binance, a prominent player in the cryptocurrency exchange realm, has announced the discontinuation of its year-long project, Binance Connect. This move has reverberated throughout the cryptocurrency industry, signaling a shift in the landscape. Binance Connect, formerly known as Bifinity, aimed to facilitate cryptocurrency payments for traditional businesses and establish connections between decentralized digital currencies and traditional financial systems. Notably, it collaborated with major credit card companies like Visa and Mastercard, supporting a variety of cryptocurrencies. The closure of this service has stunned the crypto sector.
Binance’s strategic trajectory is evolving in response to market dynamics, exemplifying its commitment to enhance services and attain long-term objectives. Over the past six years, Binance’s evolution has transformed it from a mere cryptocurrency exchange into a comprehensive global blockchain ecosystem encompassing diverse components.
A spokesperson from Binance emphasized the company’s adaptive approach to cater to evolving customer needs and industry trends. The spokesperson’s communication to CoinDesk highlighted the periodic review of products and services to maintain alignment with long-term strategies.
In March 2022, the launch of “Binance Connect” exemplified the platform’s adaptability by facilitating merchant acceptance of cryptocurrency payments. This initiative aimed to bridge the gap for businesses to embrace cryptocurrencies in everyday transactions, streamlining their path to becoming “crypto-ready.”
Despite these changes, Binance remains committed to delivering pioneering services and fostering global cryptocurrency adoption. This dedication endures as the company adapts its business model to stay attuned to the ever-changing cryptocurrency market.
Binance is concurrently navigating regulatory challenges, as evidenced by its petition for a temporary restraining order against the U.S. Securities and Exchange Commission (SEC). The SEC’s broad and challenging information requests prompted Binance’s move, aiming to restrict the scope of the SEC’s actions, particularly concerning employee depositions. This legal maneuver is part of Binance’s response to the SEC’s allegations of deceptive practices, mishandling of customer funds, and dissemination of false information. Binance vehemently denies these claims and aims to contest the SEC’s information requests and perceived inflexibility.
The outcome of Binance’s legal tussle with the SEC carries considerable implications. It could potentially reshape the dynamics of interactions between cryptocurrency exchanges and regulatory bodies. This shift might influence compliance procedures, information sharing protocols, and investigative practices, consequently impacting the broader cryptocurrency market.
As the situation unfolds, industry experts closely monitor ongoing court proceedings to gauge the ramifications of Binance’s decisions. This outcome has the potential to reshape the cryptocurrency landscape, prompting changes in collaboration between government agencies and cryptocurrency exchanges, with ripple effects on compliance standards, information sharing norms, and investigative procedures.