In a recent announcement, Japan’s Minister of Economy, Trade, and Industry, Takeru Saito, unveiled tax reforms aimed at fostering the growth of startups in the Web3 and blockchain sectors. This move signifies Japan’s strong support for innovation in the Web3 space. The reforms were presented at the WebX Conference, Tokyo’s premier event dedicated to cryptocurrencies,
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Blowfish Studios, a flagship game studio under Animoca Brands, is currently in the process of developing an exciting new multiplayer PvP game known as DarkTimes. This medieval-themed game is already making significant strides in the gaming industry by incorporating the innovative Sui blockchain, with assistance from Mysten Labs. Drawing inspiration from Nordic mythology, DarkTimes is
Gameplay Galaxy, a rising star in the blockchain gaming industry, has recently closed a seed extension round, raising an impressive $11.17 million. This latest funding round has not only boosted the company’s valuation to $71 million but has also brought its total funding to $24 million. This significant influx of capital will primarily be used
Sony Blockchain Solutions Labs, in collaboration with Startale labs, has unveiled its latest project – the Soneium blockchain platform. The primary objective of Soneium is to bridge the gap between Web3 and Web2, making it simpler and more accessible for individuals to adopt blockchain technology that is user-friendly, scalable, efficient, and capable of addressing real-world
Meta, formerly known as Facebook, recently made headlines with the cancellation of its next-gen mixed-reality headset. This decision has sparked a debate within the tech community about the company’s strategic direction and its potential impact on the AR/VR market. The cancellation of the Reality Labs headset can be seen as a strategic shift for Meta.
The Federal Bureau of Investigation (FBI) has recently made a groundbreaking decision to utilize Non-Fungible Tokens (NFTs) in order to return $1.14 million to victims of the CluCoin fraud. This marks a significant shift in the way law enforcement agencies interact with victims of fraud, as it is the first time NFTs have been employed
In a groundbreaking collaboration, Aethir and Return Entertainment have joined forces to bring cloud-based gaming experiences right into your living room. By utilizing Aethir’s GPU cloud infrastructure and Return Entertainment’s streaming platform, this partnership aims to revolutionize the way gamers access and enjoy their favorite titles. The alliance between Aethir, renowned for its enterprise-grade GPU
Bright Star Studios has made a bold decision to switch from Immutable X to the Mantle Network for their MMORPG, Ember Sword. This move aims to elevate the gaming experience by harnessing Mantle’s technology. While Immutable X laid a groundwork by enabling gasless transactions, Mantle Network takes it up a notch in terms of technical
Shaquille O’Neal, the legendary basketball player, is currently facing a class action lawsuit in connection with his involvement in the Astrals NFT project. The lawsuit alleges that Astrals promoted unregistered securities, leading to financial losses for investors. The court has ruled that O’Neal could be considered a ‘seller’ of Astral NFTs, but dismissed the claim
Confiction Labs, the developer behind the popular shooter game Riftstorm, has recently unveiled a groundbreaking system known as Proof of Exposure. This system is specifically designed to tackle the growing issue of bot accounts in Web3 gaming by integrating NFT allowlist verification. The introduction of this system is a direct response to the disruptions caused
