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Axie Infinity Loses $600 Million – Hack Attack
Axie Infinity Loses $600 Million in one of the Biggest Crypto Heist Ever. One of the biggest hacker heists to date took place against crypto gaming where the hackers took off with $600 million. The victim this time is the biggest success story of blockchain crypto gaming; Axie Infinity. Crucial As Sky Mavis explains, the…
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Cryptocurrency Exchange FTX Acquires Good Luck Games
FTX Gaming Acquires Storybook Brawl Developers Good Luck Games. Cryptocurrency exchange FTX & FTX Gaming makes further progress and expansion into the blockchain video game realm by acquiring Good Luck Games. For those of you who are not familiar, Good Luck Games is the developer behind the popular fantasy card game namely Storybook Brawl. The…
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Blockchain Technology, Video Games and Play To Earn Opportunities
Blockchain Tech, Video Games equals Earning Opportunities for every gamer! Play To Earn Opportunities are all over the place in 2022. Video games reign the interactive entertainment domain with more than two billion gamers worldwide. The amount of revenue the video game industry generates is astronomical, Hollywood and sports combined can’t compete with it. Video…
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India Plans To Ban Crypto
India Plans to Ban Cryptocurrencies Except Few. After China and Korea crusades against the crypto industry, India also plans to follow suit. At the end of 2021, India announced a bill aimed at imposing a complete ban on all cryptocurrencies except a few. Moreover, India also plans to introduce its own digital currency regulated and…
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Zynga And Forte Develop Blockchain-based Games
Zynga Join Hands with Forte to Develop Blockchain-based Games. In a bid to create blockchain-based games, Zynga has entered into a strategic partnership with software maker Forte. The partnership will lead to the creation of blockchain-based games that will fall in line with Zynga’s portfolio and user base. Zynga’s blockchain-based games VP, Matt Wolf said,…
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Hackers Focus More On Crypto Gaming Companies
Hackers on the Prowl as $404 Million Lost in Attacks this Month. Wherever there is an influx of massive amounts of money hackers try to break in and steal some of it. Nowadays crypto and blockchain-related games are trendy and have generated billions of dollars in transactions. Such a huge amount of money has caught…
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Video Games Driving Factor Behind Mass Adoption Blockchain Technology
How Video Games are becoming the driving factor behind mass adoption of blockchain technology. Blockchain technology and cryptocurrencies are present for quite some time now. The technology witnessed steady growth thanks to its unique features. People are embracing blockchain tech due to it being decentralized, secure, huge profits, inflation-free, cheap global funds transfer, irreversible transactions,…
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Electronic Arts And NFT Games
EA, Electronic Arts sees Huge Potential in NFT Games. NFT Games and Blockchain technology are the buzzwords in the gaming industry nowadays. In a recent interview, EA’s CEO Andrew Wilson weighed in on the subject and shared his valuable insights. According to him, the play-to-earn games, and NFT-games are “the future of our industry.” However,…
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Blockchain Game Report Q3 2021
Blockchain Game Report Q3 2021. Growth for Play to Earn business models and games backed by blockchain technologies. The blockchain game sector is booming and continuously enjoys soaring numbers. The Q3 of 2021 shows that the Play to Earn business models and games backed by blockchain technology will sustain their growth. The key players behind…
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NFT and blockchain-based Axie Infinity Raises $152 Million
Axie Infinity Raises $152 Million in a Funding Round Led by Billionaire Firm. Sky Mavis, the developer behind the famous NFT based game Axie Infinity, raises $152 million in recent funding led by Andreessen Horowitz. The funding will help grow the already popular “play to earn” game. The B series funding round was led by…
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