Mythical Games Forced To Make Mass Layoffs
Mythical Games recently announced the organization was forced to lay off 10% of its staff. The firm cited a toughContinue Reading
Tag: coindesk
TSM Dealing With The Fallout Of FTX’s Failure
The biggest sponsorship deal in esports history is on life support. On November 16th, Team SoloMid (TSM) announced it hadContinue Reading
AC Milan Launching NFT Collection
The world-famous Italian soccer team AC Milan recently announced it was joining forces with MonkeyLeague to launch a new collectionContinue Reading
How Do Video Game Journalists Feel About Blockchain Technologies?
On September 22nd, Big Games Machine released a report that surveyed 160 gaming industry writers. According to this survey, almostContinue Reading
Xterio Closes Funding Round Worth Tens Of Millions Of Dollars
The blockchain gaming platform Xterio recently announced it closed a $40 million funding round that was led by FunPlus, FTXContinue Reading
Gaming Made Up Over Half Of July’s Blockchain Activities
On July 29th, DappRadar released a new report providing an analysis of the blockchain gaming market during the second quarterContinue Reading
This Company Is Building A Web3 Mobile Phone
Solana Labs is designing a mobile phone called Saga, an Android handset with specialty crypto wallet functions and the “SolanaContinue Reading
What Is Admix Valued At After Its Merger?
Admix, a gaming company that specializes in in-game product placements that are non-intrusive, recently announced it had achieved a $300Continue Reading
The Inventor Of The Metaverse Is Now Looking To Build His Own
Before the metaverse became the immersive, billion-dollar concept it is today, it started as an idea in Neal Stephenson’s 1992Continue Reading
Former OpenSea Exec Arrested And Charged With NFT Insider Trading
According to a press release from the United States Department of Justice, Nate Chastain was recently charged with wire fraudContinue Reading
Gaming DAOs, Merit Circle, And Yield Guild Games At Odds Over Investments
Merit Circle DAO has put forward a proposal to refund an investment from Yield Guild Games (YGG) due to whatContinue Reading
LimeWire Inks Deal With Universal Music Group To Leverage The Latter’s NFT Licensing Platform
LimeWire has announced a deal with Universal Music Group in a partnership which will see both sides collaborate to makeContinue Reading
N3TWORK Studios Closes $46M Series A Funding Round
N3TWORK Studios wrapped up a very successful Series A funding round led by Griffin Gaming Partners, with participation from KleinerContinue Reading
Ready Games Raises $3M For Web 3 Endeavors
Ready Games raised $3 million in a sale of its new AURA token to develop a web 3 mobile gamingContinue Reading
Blockchain-Based Gaming Activity Rose By 2,000%
On April 20th, DappRadar and BGA Games unveiled their Blockchain Games Report for Q1 2022. According to the survey, blockchain-basedContinue Reading
Metaverse Majors’ User Base Falls Short Of Market Expectations
The metaverse, despite all the interest from venture capitalists and the world’s major brands, is struggling to attract users, and tokenContinue Reading
Nansen Makes First Venture Capital Investment In Gaming Analytics Firm ZeroDrop
On-chain data platform Nansen is leading a $1.27 million seed round for Web 3 gaming startup ZeroDrop. This is a milestoneContinue Reading
Sky Mavis Raises $150M To Reimburse Victims Of Axie Infinity Hack
On April 6th, Sky Mavis announced the company had closed a $150 million funding round in an attempt to reimburseContinue Reading
Community Gaming Closes $16M Series A Funding Round
Community Gaming recently closed a $16 million Series A funding round that was led by SoftBank Group’s SB Opportunity Fund.Continue Reading
Metaverse Firm Infinite Reality To Buy Esports Company ReKT
The metaverse company Infinite Reality has agreed to purchase esports giant ReKT Global for $470 million in an all-stock deal, bolsteringContinue Reading
Crypto Raiders NFT Game Closes $6M Funding Round
The NFT game Crypto Raiders recently announced it closed a $6 million funding round. This money will be used toContinue Reading
Andreessen Horowitz Leads $4.8M Seed Round For Gaming Startup Battlebound
Play-to-earn (P2E) gaming startup Battlebound has announced a $4.8 million seed round led by Andreessen Horowitz (a16z), with participation fromContinue Reading
FTX Acquires Good Luck Games
The world-famous cryptocurrency exchange service FTX recently announced it had acquired Good Luck Games. The value of this deal hasContinue Reading
C2X On Terra Blockchain Raises $25M In Token Sale
Blockchain gaming platform C2X raised $25 million in a private token sale that included purchases from FTX Ventures, Jump Crypto, and AnimocaContinue Reading
Hex Trust Raises $88M For Crypto Custody
Asia-focused crypto custody provider Hex Trust has raised $88 million in a funding round co-led by Animoca Brands and LibertyContinue Reading
Avalanche Commits $290M in AVAX Tokens As Part Of Multiverse Initiative
The Avalanche Foundation announced a major push to woo top projects with a cache of 4 million AVAX tokens (worthContinue Reading
Poker Players Dominating Decentraland Metaverse
In a metaverse often criticized for being devoid of things to do, the poker tables in Decentraland’s ICE Poker virtual casino have never beenContinue Reading
JPMorgan Becomes The First Bank To Enter Into The Metaverse
JPMorgan, the largest bank in the U.S., recently announced it has become the first lender to move into the metaverseContinue Reading