Gaming Financial News

Ubisoft is teaming up with Arbitrum and Sequence to launch a new Web3 game based on the Netflix series Captain Laserhawk.

Bitcoin approaches its all-time high, excitement is building around a potential “altcoin season” across the crypto market. In a recent ETMarkets live stream, Anush Jafer, Content Lead at Mudrex Research, shared insights into how Bitcoin’s price movement could shape the broader cryptocurrency landscape and spark opportunities for altcoins. Jafer highlighted Bitcoin’s resilience in its climb toward previous highs, a journey that has reignited discussions about its role as a market driver. “When Bitcoin reaches these levels, the impact on the entire cryptocurrency market is significant,” Jafer noted, suggesting that Bitcoin’s strength often triggers a market-wide reaction. Historically, Bitcoin rallies have been followed by altcoin surges, known as “altcoin season,” where alternative cryptocurrencies gain traction and attract new capital.

Wemix.fi, a decentralized finance platform associated with the South Korean blockchain game developer Wemade, has suspended its lending and borrowing services, despite Wemade’s significant legal victory in a $7 million token dispute.

South Korean gaming giant WeMade is planning to divest its shares in Lightscale, a subsidiary focused on blockchain project development, as reported by local media outlet Naver.

Hamster Kombat mania is driving up percussion massage gun sales in Russia, as the Telegram-based game’s popularity skyrockets, a report has claimed.

Proof of Play CEO Amitt Mahajan is anticipating a surge in dedicated blockchain usage for gaming applications.

In an exclusive interview with Cryptonews, Jack O’Holleran, the co-founder and CEO of SKALE Labs, a gasless EVM-compatible blockchain designed for secure Ethereum scaling, discussed Web3 gaming and its path to a “massive breakout.”

Crypto: The Game made the 2024 Primetime Emmy Awards ballot for outstanding emerging media programs on June 14, according to the legendary award show’s nominations-round voting site.

Cryptonews Podcast’s Matt Zahab recently sat down for a chat with Chris Liquin, the CEO of Cupcake.com, a social layer on the Solana blockchain.

HyperPlay announced a partnership with MetaMask on Wednesday, aiming to introduce a games directory within the self-custodial crypto wallet.

Cryptonews Podcast host Matt Zahab recently sat down for a chat with Tomer Pascal, the CEO and co-founder of OwnPlay, a Web3 mobile gaming ecosystem and developer of CityVerse Tycoon, a PWA game allowing players to trade, buy, and sell tokenized replicas of real buildings in New York City, USA.

MetalCore, a free-to-play massive multiplayer online (MMO) combat game led by former developers from Activision, Disney, Lucasfilm, and Midway, has announced a partnership with the universal gaming ecosystem Portal.

Game and 3D world builder Crucible has announced the Emergence Marketplace, set for launch this Summer.

Web3 games are having an excellent week, with Nyan Heroes, Shrapnel, and The Sandbox in the spotlight.

Thanks to a recent partnership, developers can build non-custodial, on-chain Web3 games and products as Telegram Mini Apps (TMAs).

Bitcoin registering a red candle after seven consecutive greens. Bitcoin, buoyed by its halving and ETF narrative, continues to be a key growth vehicle with a 50% gain in 2024 even as macro and geopolitical issues have a short-term impact on the asset class. The current consolidation phase will likely provide the strong base needed to push for the next leg up. Key altcoins (Ethereum, Solana, and BNB) are still 20-40% off their 2021 highs — once they are breached, price discovery will likely kickstart an euphoria phase by the end of this year.

The Directorate of Enforcement (ED) of India, has seized a major crypto money laundering case connected to a gaming app. The authority also seized frozen crypto assets worth ₹90 crore ($10 million) in connection with the scam.

Animoca Brands, a Hong Kong-based game software company, is entering the Bitcoin ecosystem with the Opal Foundation, using the Opal Protocol to build the Largest Web3 Ecosystem.

Galactic Group to launch AAA Web3 game publisher in the United Arab Emirates (UAE) with the backing of world-class talent from Hollywood and the gaming industry.

The crypto bull market may be driving a renewed interest in non-fungible tokens (NFTs) . 

Cryptonews Podcast host Matt Zahab recently sat down for a chat with Matt Duea, co-founder of the popular betting brand Roobet.