Day: March 29, 2024

Parallel Studios’ Major Crypto Funding

Parallel Studios, the innovative force behind the Ethereum NFT card-battler game Parallel, has just secured a significant $35 million in funding, with contributions from leading firms in the crypto sphere and several high-profile angel investors. This notable round of financing includes contributions from VanEck, Solana Ventures, the Base Ecosystem Fund, and numerous other key players, […]

Meme Coins Surge on SBF Sentencing News

The recent 25-year prison sentencing of FTX founder Sam Bankman-Fried has spurred the creation of meme coins capitalizing on the news, with some experiencing astronomical surges in value. On the Ethereum scaling network Base, the “Sam Baseman Fraud” token saw a nearly 35,000% spike in value, momentarily captivating the crypto community’s attention before its inevitable […]

Ethereum ETF Race Heats Up

Bitwise has officially thrown its hat into the ring with the Securities and Exchange Commission (SEC) to launch a spot Ethereum ETF, marking a significant step towards broadening access to Ethereum for traditional investors. This move positions Bitwise amidst a competitive landscape alongside financial titans like BlackRock, Grayscale, and VanEck, all of whom share the […]

AI Tokens Surge Post-Merger News

AI tokens linked to Fetch.AI, SingularityNET, and Ocean Protocol have witnessed a significant surge, marking a 30% increase over the week. This uptick comes in the wake of an announcement made on Wednesday about a potential merger, which, if sanctioned by their respective communities, promises to usher in a groundbreaking decentralized AI ecosystem dubbed the […]

Decentralized Pictures Unveils Blockchain Streaming

Decentralized Pictures, a pioneering blockchain-based film funding platform, is setting the stage for a significant evolution in how films are distributed and monetized with the introduction of its in-app streaming service, DCP+. This beta launch, expected “in the next month or so,” represents a bold stride toward democratizing the film industry, leveraging blockchain technology to […]

Gamers Targeted in Crypto-Draining Malware Scam

Players of the iconic first-person shooter game Call of Duty and other popular titles on Activision Blizzard’s Battle.net platform fell victim to a cunning phishing scheme. The cybersecurity firm VX Underground has brought to light that individuals seeking unauthorized “cheat” software for games like World of Warcraft, Overwatch, and Diablo inadvertently downloaded crypto-drainer malware, placing […]

The Fall of Sam Bankman-Fried

Sam Bankman-Fried, the once-revered co-founder and CEO of FTX, was sentenced to 25 years in prison. This sentencing, handed down by U.S. District Judge Lewis Kaplan in New York City, marks a dramatic close to a saga filled with intrigue, legal battles, and a stark warning to the crypto industry at large. Bankman-Fried, a figure […]

Helika Launches Game-Changing Blockchain Game Accelerator

Helika, an AI-powered analytics company, has emerged at the forefront of innovation with its latest venture, Helika Accelerate. Announced on Thursday, this accelerator program is designed to propel studios around the globe into the future of gaming, focusing on blockchain technology to foster user and revenue growth. Venture capital powerhouses such as Pantera, Spartan Capital, […]