Tag: nft games

[ad_1] The former head of short video giant TikTok’s gaming unit, Jason Fung, is launching a blockchain gaming startup as one of two co-founders, he told Reuters in an interview, as the buzz around blockchain games grows while sector heavyweights remain wary. The 34-year-old left TikTok last month after two years with the firm, and…

[ad_1] Video games are increasingly incorporating blockchains, the decentralised databases that underpin cryptocurrencies, as well as NFTs and other “digital assets”. New games are emerging expressly to support blockchain technology, while traditional games are being updated to incorporate blockchains. As of October 2021, “crypto gaming” accounted for more than half of the blockchain activity over…

[ad_1] The metaverse and NFT gaming sectors have shown signs of flourishment in recent years. In a bid to accelerate research and development in this consumer-centric industry, Andreessen Horowitz (a16z) has pledged a fund of $600 million (roughly Rs. 4,661 crore). The name of this fund pool is ‘Games Fund One’ and it will focus…

[ad_1] Axie Infinity, a major play-to-earn (P2E) blockchain game, has posted a tweet to alert gamers of a fresh hacking attempt involving its Discord bot MEE6. The MEE6 bot is a commonly used Discord bot by several projects to automate various roles and messages. As mentioned in Axie Infinity’s tweets, the attackers took control of…

[ad_1] Tegro, the Indian Web3 games marketplace, has taken a step to add some capital to the Indian Web3 space. The company has announced a funding of $1 million (roughly Rs. 7.75 crore) for Indian game developers, who are working in the blockchain game sector. In an announcement posted on Tuesday, May 17, Tegro invited…

[ad_1] US-based rapper turned businessman Snoop Dogg and his son Cordell Broadus aka “ChampMedici” are bringing digital weed to the metaverse after announcing a partnership with mafia-themed metaverse project MOBLAND. Snoop will own and operate the digital weed farm in MOBLAND — a blockchain game backed by Twitch Co-Founder Justin Kan, Terra’s Do Kwon, ​​Animoca…

[ad_1] The resurgent stock market appears to have had an immediate bearing on the crypto market mid-week although cryptocurrencies are considered by many to be defensive investments against equity market downturns. In terms of value, Bitcoin rose over the past 24 hours, registering a 3.26 percent gain through Wednesday, staying above the $41,000 (roughly Rs.…

[ad_1] Animoca Brands, a digital entertainment company that focusses on GameFi via blockchain technology, has announced the acquisition of reputed game studio Eden Games — a name synonymous with a host of popular racing titles and series that include Need for Speed: Porsche Unleashed, F1 Mobile Racing, Gear.Club, Test Drive, and V-Rally. According to an…

[ad_1] Sky Mavis, the developer studio of popular NFT game Axie Infinity, is ramping up efforts to secure its networks. The firm is offering up to $1 million (roughly Rs. 7.5 crore) as a bug bounty to developers who could identify security loopholes in its networks. The step follows a mega hack incident that drained…

[ad_1] Ronin Network validator nodes for Sky Mavis, the parent of NFT game Axie Infinity, were breached by hackers. A whooping amount of $625 million (roughly Rs. 4,729 crore) have been stolen in the form of Ether and USD Coin tokens, making it the largest-ever loot to have been extracted out of a blockchain hack.…