Blockchain Game Financial News

25.08 / 06:57

business Adoption Gaming GameFi Blockchain Game Atari founder, Animoca sees Web3 games as vital for virtual ownership and education

Nolan Bushnell, the founder of Atari and inventor of Pong — one of the first commercially successful video games — has shared optimism for the future of Web3 games, particularly as it comes to bringing ownership to virtual worlds.

17.08 / 08:07

business regulation Scams Police Blockchain Game National play Axie Infinity’s play-to-earn ‘scheme’ alarms Phillippine National Police

The Philippine National Police Anti-Cybercrime Group (PNP ACG) scrutinized some of the models used by cryptocurrency games, warning Filipino citizens against the various schemes used to extort money from the gaming community.

15.08 / 22:25

Blockchain Analysis Gaming Opinion Blockchain Game Illuvium Illuvium's collapsing token represents the problems with GameFi

Blockchain games began as a means to effectively test technology’s true potential. However, making sure they reach that potential remains a challenge. While Illuvium was one of the most highly anticipated crypto game releases in history, the price of its ILV token has fallen significantly since 2021 — to the tune of 97%.

14.08 / 23:51

Blockchain Ethereum Adoption NFT GameFi Blockchain Game Testnet Immutable zkEVM Immutable zkEVM begins testnet phase with 12 Web3 games in development

Web3 gaming platform Immutable has commenced public testing of its Immutable zkEVM in collaboration with Polygon Labs.

25.07 / 13:55

Blockchain NFT Polygon Gaming GameFi Sky Mavis Blockchain Game Axie Infinity creator to develop new game in partnership with CyberKongz

Sky Mavis, the company behind the popular play-to-earn (P2E) blockchain game Axie Infinity, has announced a partnership with the Ethereum-based nonfungible token (NFT) collection CyberKongz to create a more comprehensive gaming ecosystem for the Ronin blockchain.

21.07 / 10:45

Blockchain Adoption Gaming GameFi Blockchain Game Dota 2, Rocket League pros ‘want to explore’ Web3 and blockchain gaming

While game developers seem to hate the idea of Web3 coming into games, players who compete in gaming tournaments for a living are more open to trying out blockchain gaming.

12.07 / 19:05

Ethereum NFT Gaming Loans Blockchain Game Bored Ape floor price falls below 30 ETH: Nifty Newsletter, July 5–11

In this week’s newsletter, read about Ethereum nonfungible token (NFT) royalties hitting their lowest point in two years. Check out Bitcoin Ordinals trading volume, which hit $210 million in the second quarter of 2023, and how a decentralized finance (DeFi) borrower used an NFT representing a physical luxury watch to take out a loan. In other news, find out why Animoca Brands co-founder Yat Siu is still bullish on blockchain games, and don’t forget this week’s Nifty News, featuring a Sega executive’s opinion on play-to-earn gaming.

12.07 / 15:29

NFT defi Blockchain Game Blockchain gaming platform creates refundable NFT program

Blockchain gaming startup Spielworks has partnered with the Web3 platform Mycelium Network to launch a program that allows full refunds for nonfungible token (NFT) purchases.

07.07 / 19:19

business Polygon layer2 policies Blockchain Game Shakeup at Polygon Labs: President will step down and chief legal officer will become CEO

Ryan Wyatt will be stepping down as president of Polygon Labs and moving into an advisory role after more than a year at the firm.

07.07 / 06:29

NFT Sport Metaverse play-to-earn Blockchain Game Nifty News: Sega exec calls P2E games ‘boring,’ Tom Brady’s NFT firm switches it up and more

The co-chief operating officer of Sega has called play-to-earn games “boring” amid the firm’s retreat from franchising some of its hottest properties to the blockchain gaming space.

29.06 / 20:35

Blockchain interview Decentralization Blockchain Game LayerZero’s market shifting, there’s a better environment ahead for everyone, CEO says

The outlook for the crypto industry is bright. As a matter of fact, the present isn’t even all that grim, Bryan Pellegrino, CEO of cross-chain interoperability protocol LayerZero, told Cointelegraph at the Collision conference in Toronto. “2015 was basically unbearable. […] Nobody cared; there was nothing. This really doesn't seem that bad to me,” Pellegrino said.

27.06 / 14:43

business Blockchain NFT Blockchain Game Mythical Games raises $37M for in-game marketplace in Series C round

Game publisher Mythical Games has secured $37 million in Series C1 funding, with plans to launch a new marketplace and pursue other revenue-generating initiatives. With this funding, Mythical will continue to hold the unicorn status with a valuation of over $1 billion.

22.06 / 00:07

Ethereum Adoption NFT Web3 play-to-earn Blockchain Game epic Immutable’s Gods Unchained launches on Epic Games Store

Immutable Games’ Web3 trading card game Gods Unchained is now listed on the Epic Games Store and is available to its 230 million customers, according to a June 21 announcement.

17.06 / 01:25

NFT Gaming Crypto Collectibles Blockchain Game Nike teases upcoming ‘Airphoria’ NFT sneaker hunt on Fortnite

Footwear and apparel giant Nike has hinted that it may soon drop a collection of sneaker nonfungible tokens in Epic Games’ widely popular online game Fortnite.

16.06 / 14:39

Blockchain Ethereum Adoption Polygon Gaming Dapps Blockchain Game Power dApp Store kit adopts new tech stack to power Web3 gaming development

dApp Store Kit, which was initially incubated by Polygon Labs, will integrate Ready Games’ mobile game development toolkit to help developers roll out Web3 games.

08.06 / 08:05

business NFT Marketplace Blockchain Game crypto push GameStop fires CEO Matt Furlong months after axing crypto push

GameStop has fired its CEO Matt Furlong, the executive responsible for launching the company’s push into nonfungible tokens (NFTs).

07.06 / 19:17

NFT wallet Gaming Marketplace Blockchain Game Nike NFTs are coming to EA Sports games: Nifty Newsletter, May 31–June 6

In this week’s newsletter, read about GameStop’s nonfungible token (NFT) platform partnership with game company Illuvium, and check out how NFTs can store digital assets, and how blue-chip NFT collaterals are being used in NFT lending. In other news, Nike’s NFTs are coming to EA Sports games, and don’t forget this week’s Nifty News, featuring upcoming blockchain games from Epic Games.

06.06 / 20:51

business Adoption Gaming Tokens Mobile Games Blockchain Game Grinding out a living: Can blockchain games really offer a sustainable income?

Blockchain games are mostly played for entertainment, but some developers within the industry think the games could eventually evolve into a form of employment where players can grind out a living wage.

01.06 / 07:07

NFT Gaming Scams Metaverse Blockchain Game epic Nifty News: Pixel Penguin accused of ‘charity rug,’ Epic adds new NFT games and more…

Nonfungible-token (NFT) project Pixel Penguin has caused a stir this week in what a blockchain investigator ZachXBT has alleged is a “charity project rug.”

27.05 / 21:07

business NFT play-to-earn Blockchain Game Why is Grand Theft Auto 6 unlikely to incorporate cryptocurrencies?

Rumors suggesting that Grand Theft Auto 6 will incorporate cryptocurrencies surface every once in a while, fueling expectations that the highly awaited game may incorporate digital assets as rewards for players, nonfungible tokens (NFTs) as in-game goods, or even as part of the storyline's humor.

13.05 / 03:53

NFT Gaming Crypto Collectibles Blockchain Game Nifty News: Assassin’s Creed unveils ‘smart collectibles’, MechaFightClub winds down and more ….

Assassin’s Creed, one of Ubisoft’s most popular gaming franchises, has announced a series of customizable “smart collectibles” featuring both digital and physical components.

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