Nearly every video game studio (Web2 or otherwise) has felt the impact of both the rise of generative AI tools and broader industry layoffs that have shaken the gaming industry to its core. And just as many gamers have vocally rebelled against the rise of crypto gaming and NFTs, they’re doing much the same with AI. McKinsey called 2023 generative…
Holiday airdrop, anyone? The Arbitrum “layer-3” gaming network Xai, first announced in June 2023, has scheduled its season one token airdrop. It’ll occur on December 27 this year, just before the new year rolls in, according to a Twitter post from Xai Games. Arbitrum developers at Offchain Labs are collaborating on the Xai initiative, which consists of the Xai Foundation,…
As the clock ticks down to the January deadline for the Securities and Exchange Commission to approve, deny, or delay its decision on spot Bitcoin ETFs, there’s one last hurdle for potential issuers: Authorized participants. Bloomberg Intelligence analyst Eric Balchunas predicted that each Bitcoin ETF hopeful will need to have explicit authorized participant parameters in its S-1 before it’s considered…
‘If You Play Well, You’re Gonna be Rewarded’: How FPS Web3War is Bringing ‘Skill-to-Earn’ to Crypto Gaming Roll1ng Thund3rz co-founder Valentin Cobelea and Zilliqa CEO Matt Dyer joined Decrypt to discuss how the new FPS game Web3War is shaking up the crypto gaming space with a novel “skill to earn” mechanic that rewards players for high-quality gameplay. Source: https://decrypt.co/videos/interviews/Jl5AEFuD/if-you-play-well-youre-gonna-be-rewarded-how-fps-web3war-is-bringing-skill-to-earn-to-crypto-gaming
Hardware wallet manufacturer Ledger will disable blind signing for EVM decentralized applications (dapps) by June 2024, following an exploit in which a wallet drainer was added to a library used by many developers to connect to its devices. In a tweet, Ledger said that around $600,000 in crypto assets were stolen during the exploit. It announced that affected victims would…
Bitcoin is back above $44,000 per coin after hitting that mark earlier in December for the first time since April 2022. The largest digital coin by market cap is now trading for just under $44,095. The asset is up by 4% in 24 hours. In the past week, it has risen by more than 6%, according to CoinGecko. Bitcoin has…
The crypto market is in the green today—but Solana is greener than most, with SOL popping to a 2023 high price as it continues its recent upswing. Solana rose above $80 for the first time since May 2022 early Wednesday, jumping as high as $80.77 before settling slightly to about $79.50 at the time of writing. SOL is up 8%…
First-person shooter Web3War is a game with a mission: to overhaul the crypto gaming landscape. The problem, Valentin Cobelea, co-founder of Web3War developer Roll1ng Thund3rz told Decrypt, is that to date, Web3 games just haven’t been fun. That’s down to misaligned incentives baked into their reward system, he explained. The first generation of play-to-earn Web3 games require players to “consume…
Crypto gaming firm Immutable’s IMX token has surged to highs not seen since April 2022, rising 77% in the past month to roughly $2.35, per CoinGecko data. IMX is up about 428% in the past year and has a market cap of over $3 billion, making it one of the biggest gaming-focused cryptocurrencies. It’s up 11% in the last 24…
The line between artificial intelligence and human creativity are blurring rapidly across the board, but the shades of gray are especially muddled in the art world. New research shows that AI images are already good enough that people are often unable to differentiate between it and art created by humans—but somehow manage to prefer the latter. As AI tools like…
