Blockchain Gaming | Blockchain Technology News

Warner Music Singapore ushers in new era of digital content through Web3 gaming world

Warner Music Singapore and Affyn, a Singapore-based Web3 company, have partnered to create new opportunities for artists and audiences in the gaming industry.

The deal aims to motivate and inspire creators to explore the endless possibilities of the Web3 gaming world, and provide everyone with unique experiences that have never been seen before.

As part of the partnership, Warner Music Singapore will produce a customized song featuring bilingual artist J.M3 (pronounced...

11 May 2023 | Gaming

Huobi partners with Gala Games for web3 gaming integration

Huobi Global, a cryptocurrency exchange, has declared a strategic partnership with Gala Games, a blockchain-based play-to-earn gaming platform.

Cryptocurrency exchange Huobi Global has entered into a strategic partnership with blockchain-based gaming platform Gala Games.

Founded in China, the now Seychelles-based exchange said the partnership will enable both companies to develop for the Web3 ecosystem.

Huobi and Gala plan to invest in and list projects...

3 April 2023 | Cryptocurrency

Listen-to-earn lets you earn Bitcoin for listening to a podcast

Podcast platform Fountain has partnered with app monetisation company ZEBEDEE to bring Bitcoin micropayments to podcast listeners.

The partnership will give both podcast creators and listeners the ability to earn Bitcoin based on the amount of time spent with content.

ZEBEDEE says that listeners will support creators by paying for content by the minute as they listen to it. Listeners themselves will also earn money for their first hour of daily podcast listening and for...

26 January 2023 | Bitcoin

Zack Gall, EOS Network Foundation: On forking to a new protocol

Zack Gall, VP of communications at EOS Network Foundation, spoke with The Block ahead of EOS's upcoming talks at Blockchain Expo Europe on 20-21 September.

The Block: What is the EOS Network Foundation’s current core focus?Zack Gall: We serve as the hub and shepherd of the EOS Network, coordinating both financial and non-financial forms of support to encourage the growth and development of the EOS Network, through its constituent projects, entities, and creators. It’s a...

19 September 2022 | Blockchain

Standard Chartered buys into metaverse with The Sandbox partnership

Global banking giant Standard Chartered is following other major competitors journeying into the metaverse by partnering with decentralised gaming platform The Sandbox.

The company’s Hong Kong subsidiary (SCBHK) bought space in The Sandbox’s Mega City district, an area announced in January alongside a number of Hong Kong partners from various sectors.

Led by SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, the partnership will seek...

27 April 2022 | Enterprise

Axie Infinity network loses £468m in largest ever DeFi hack

Axie Infinity, one of the biggest success stories in the world of blockchain-based gaming, has become the victim of the largest decentralised finance (DeFi) hack in history.

The Pokémon-style NFT battler saw $615 million (£468m) stolen from its Ronin Network – the Ethereum sidechain created to run the game’s transactions – on March 23.

It took a user being unable to withdraw 5,000 ether (£12m) on March 29 for Ronin to realise that 173,600 ether (£448m) and 25.5...

30 March 2022 | Cyber Security

PwC report calls NFTs key future revenue stream for sports industry

A new report from PwC, one of the Big Four accounting firms, has called non-fungible tokens (NFTs) “the future of digital assets in sports”.

According to the report, titled Sports Industry Outlook 2022, NFTs and digital assets will be one of the ten major trends across the industry in 2022.

PwC sees three key use cases surrounding NFTs’ “potential to shape fan experiences and boost bottom lines”.

The first and most obvious use case is collectible...

14 March 2022 | Digital Assets

RTFKT Studios acquired by Nike in virtual fashion move

RTFKT Studios, a virtual fashion company, has been acquired by sports giant Nike.

The company, pronounced “artifact”, is largely focused on virtual and augmented reality sneakers that are modelled as 3D assets, turned into NFTs, and authenticated through the Ethereum blockchain.

The purchase marks Nike’s first public step into the world of digital assets and the metaverse, following on from Adidas’ partnership with notable NFT brand Bored Ape Yacht Club earlier...

15 December 2021 | Digital Assets

Virtual real estate sells for record $2.4m in Decentraland metaverse

A piece of virtual real estate from the online world Decentraland has sold for $2.4 million (£1.8m) worth of cryptocurrency.

That’s right. For the sceptics still denouncing the perceived stupidity of NFTs, the emergence of the metaverse as a world of virtual ownership will have such individuals pulling their hair out.

Decentraland is an online virtual world where players can purchase land, explore, create, sell assets, and interact with others.

This sale of...

25 November 2021 | Cryptocurrency

Reddit co-founder sets up $100m investment initiative with Solana

Reddit co-founder Alexis Ohanian’s venture firm has teamed up with the Solana blockchain’s venture arm for a $100 million (£74m) investment initiative into decentralised social projects.

Seven Seven Six, Ohanian’s firm, will pay for half of the initiative with Solana coughing up the remaining $50 million.

Ohanian gave his thoughts on Solana at a conference in Lisbon on November 9: "With a high-performance blockchain like Solana, there is an unprecedented...