After losing a battle with the SEC earlier this month, the business behind the blockchain publishing platform LBRY published a heartfelt tweet yesterday. Tweets sent by LBRY, Inc. on Monday said that the company had been “killed by legal and SEC debts.” A follow-up tweet from the firm clarified that
Tokenization of assets is “the next generation for markets,” BlackRock CEO Larry Fink has remarked. Tokenization is a term used in the blockchain industry to describe the process of creating a digital token on the blockchain that represents an asset and verifies its ownership and transaction history. With this method,
SuperOne, a pioneering blockchain gaming company building the world’s first gamified social network, has partnered with Footballco, the biggest media company in the world, to raise awareness and promote SuperOne and with FIFPRO, the global football players union, to license the game content, as well as facilitate value creation for
Glip, a company based in India that offers a global web3 game discovery and wallet app, raised $2.5 million in a round-headed by Hashed Emergent and included participation from Beenext and existing investor Prime Venture Partners. Axie Infinity, League of Kingdoms, and KOF Arena from Netmarble are just a few
Partnerships are the backbone of any successful company particularly if long-term success is to be guaranteed. With that in mind, Over the Reality (OVER) recently collaborated with Decentraland (MANA), which resulted in its participation in one of the largest cross-metaverse events ever, namely Decentraland’s Metaverse Music Festival 2022. OVER’s objective
Game7, a Web3 gaming DAO, launched a grant programme with a $100 million allocation. Funding such as this is intended to encourage developers to improve and expand the infrastructure necessary for Web3 gaming. According to a recent tweet from crypto and blockchain analyst WuBlockchain. The DAO plans to enhance smart
Following the success of the past AIBC Summits in Dubai, Toronto, and the Balkans, SiGMA Group organised the flagship event. This November, the best names in Crypto, Blockchain, and Emerging Technologies have assembled for Malta Week 2022. In the centre of the Mediterranean, from the 14th to the 18th of
Vladimir Putin, President of Russia, agrees that a new digital payment system is needed for global settlements. According to proponents of the new payment system, no banks nor third parties are necessary to process transactions. This information was leaked to the public by one of the regional media outlets. Distributed
Fenix Games, a Web3 game developer, has secured $150 million in capital to purchase, invest, and deliver blockchain games. A publishing business dedicated to bringing blockchain games to a wider audience will be established with the funds. According to Jinse, a local news outlet, investors such as Phoenix Group and
After the horrific aftermath of the FTX exchange’s failure, the cryptocurrency market plummeted to lows not seen since the bear market of 2018. The Hedera project, which operates on the company’s patented Hashgraph technology, has continued to thrive despite this. After a rough second quarter, the Hedera Network rebounded with
