blockchain gaming

It’s tough to ignore crypto’s raging bull run. Bitcoin is up 50% in February and the rising digital tide lifts all boats. The blockchain gaming sector, for example, recently recorded its highest number of unique daily active wallets in more than two years. Beyond strong numbers, this...

Cryptocurrency-related venture capital inflows remained tepid in the final quarter of 2023, leaving many wondering: "Has the thaw even begun?" What Happened: Deal count plummeted to a new low of 359, a significant drop from the third quarter's (Q3) 430. It's also a far cry from...

Venture capital firm Andreessen Horowitz (a16z) on Friday released its 2024 predictions report, which focused on democratization, user experience and the integration of artificial intelligence (AI) as the driving forces behind crypto's evolution. Decentralization Takes...

Hong Kong-based gaming company Animoca Brands on Monday disclosed substantial financial holdings and a wide array of investments, in an apparent bid to highlight its strong position in the burgeoning Web3 and blockchain industry. According to the report, as of Nov. 30, 2023, Animoca...

Blockchain companies, including Animoca Brands and Chainalysis, are now in the crosshairs of a $500 million fund aimed at acquiring secondary shares in crypto firms at significant discounts. This fund, C1, established by ex-Coinbase (NASDAQ: COIN) legal and investment professionals,...

Cryptocurrency Solana (CRYPTO: SOL) has soared in value over the last week gaining over 20%, with gains outpacing both Bitcoin and Ethereum. Here's a look at how investors could perform if they invest in Solana now and if the coin returns to all-time highs. What Happened: Solana been in the news a...

Numerous sports leagues and companies leveraging sports have turned to the blockchain and launched non-fungible tokens. Among the companies is Third Time Entertainment, which launched Photo Finish LIVE, a virtual horse racing game, earlier this year. New Funding Round: Third Time Entertainment...

The EOS Network Foundation, under the leadership of CEO Yves La Rose, is actively preparing for what they believe will be the next significant surge in the blockchain sector. Through a series of strategic initiatives, the foundation aims to position the EOS Network to meet the forthcoming demands...

In an unprecedented move, leading gaming company Gala Games obliterated nearly 21 billion of its (CRYPTO: GALA) tokens, equating to more than $637 million at the time of the burn. What Happened: This colossal token burn was undertaken following the completion of the V2 token airdrop...

The blockchain gaming industry has witnessed a 12.95% surge in investments, reaching $739 million in Q1 2023, according to a report. Despite a slight decline in on-chain gaming activity, the gaming industry remains a crucial contributor to the dapp industry's overall activity, propelling...

The virtual land trading market experienced unprecedented growth, reaching an all-time high with 147,000 trades in the first quarter of 2023. According to data compiled by DappRadar, Otherside and MG.Land were the driving forces behind this surge, accounting for 75% of first-...

Ethereum-based (CRYPTO: ETH) play to earn game Axie Infinity (CRYPTO: AXS) saw one of its tokens skyrocket in value after its dedicated sidechain — meant to power fast and low-cost transactions for the game — launched its own decentralized exchange (DEX). What Happened:...

Axie Infinity (CRYPTO: AXS) skyrocketed 66.41% over 24 hours to trade at $72.53 as of late Tuesday night. What’s Moving?: The Ethereum (CRYPTO: ETH) and non fungible token or NFT-based cryptocurrency of a blockchain-based game has shot up 89.97% over seven days. See Also: How To Buy Axie...