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 […]
Solana Sets Record with Massive Token Launches
Last month, the Solana blockchain witnessed an unprecedented surge in token launches, setting a new record for the platform. Nearly half a million tokens were launched on Solana in May, significantly surpassing the activity on other major platforms like the Ethereum layer 2 network, Base. Specifically, Solana saw the creation of 455,000 tokens, more than […]
Thailand Launches Its First Bitcoin ETF
Thailand is set to introduce its first spot Bitcoin exchange-traded fund (ETF), marking a significant step forward in the nation’s embrace of regulated Bitcoin investment vehicles. The Thai Securities and Exchange Commission (SEC) has approved asset manager One Asset Management (ONEAM) to launch the ONE Bitcoin ETF Fund, as reported by the Bangkok Post. This […]
Linea Network Pauses Amid $7M Exploit
In a swift move to mitigate damage, the Layer 2 network Linea temporarily halted transactions for an hour on Sunday. This decision came after a significant security breach involving Velocore, a protocol on the chain, which suffered a $7 million exploit. Linea’s prompt intervention likely curbed further financial losses stemming from the exploit. However, the […]
GameStop and GME Token Surge Amid Roaring Kitty’s Return
GameStop’s stock price witnessed a significant surge in pre-market trading this Monday, following the unexpected return of iconic bull trader Roaring Kitty on Sunday night. Although the stock’s momentum has tempered since the market opened, the excitement triggered a substantial increase in the price of the unofficial GME meme coin on the Solana blockchain. Over […]
Estonian Nationals Face Court in Crypto Fraud Case
Two Estonian nationals, Sergei Potapenko and Ivan Turõgin, both aged 39, made their initial court appearance yesterday, facing severe allegations tied to a substantial cryptocurrency fraud, as detailed in a Department of Justice (DOJ) press release. The arrests of Potapenko and Turõgin occurred in Tallinn, Estonia, in November 2022, following an extensive 18-count indictment from […]
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