Day: June 7, 2024

Sky Mavis Launches Ronin Forge to Boost Crypto Gaming

Sky Mavis, the developer behind the Ronin sidechain network on Ethereum, has unveiled a new initiative, Ronin Forge, aimed at fostering innovation in the crypto gaming sphere. Announced on Thursday, this early access program is designed to support up to six gaming studios with grants and infrastructure to develop “experimental” crypto games on the Ronin […]

The Sandbox Hits $1 Billion Valuation, Joins Crypto Unicorns

The Sandbox, a leading Ethereum-based metaverse game platform, has achieved a significant milestone by securing $20 million in convertible promissory notes, propelling its valuation to a formidable $1 billion. This recent financial boost places the platform among the elite ranks of crypto “unicorns” — a term reserved for startups exceeding a billion-dollar valuation. This latest […]

Hamster Kombat Skyrockets on Telegram, Eyes Token Launch

Hamster Kombat, a Telegram-based game, has captivated a massive audience with its recent explosive growth in player numbers, mirroring the success of the crypto gaming hit Notcoin. As anticipation builds for its upcoming token launch on The Open Network (TON), the game’s developers have just shared significant milestones and hinted at a launch date for […]

NYAG Targets Crypto Scams with Billion-Dollar Lawsuit

New York Attorney General Letitia James has initiated a billion-dollar lawsuit against two cryptocurrency entities, NovaTech and AWS Mining, accusing them of defrauding hundreds of thousands of investors through illegal pyramid schemes. This legal action, announced in a recent press release, specifically highlights the victimization of over 11,000 New Yorkers, with losses totaling more than […]

Hulk Hogan’s Twitter Tied to Meme Coin Scam

In a week marked by celebrity involvement in cryptocurrency, Hulk Hogan became the latest public figure linked to a dubious meme coin launch, following Caitlyn Jenner and Iggy Azalea. The buzz was initially high with the introduction of the HULK token on the Solana blockchain, but the excitement quickly turned sour as the token was […]

NFT Scam Nets $3 Million: UK Trio Charged

The U.S. Department of Justice (DOJ) has announced charges against three UK nationals for their alleged involvement in a $3 million scam centered around the “Evolved Apes” NFT collection. Mohamed-Amin Atcha, Mohamed Rilaz Waleedh, and Daood Hassan face accusations of wire fraud and money laundering in a classic pump-and-dump operation. According to the DOJ, the […]