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Peaky Blinders Set to Enter Web3 Realm with Blockchain-Powered Ecosystem
The popular television series Peaky Blinders, which has garnered an estimated 80 million viewers worldwide through platforms such as Netflix, is poised to be transformed into a blockchain-based video game and a broader Web3 ecosystem, as announced by the companies behind the project on Thursday. Developed by Anonymous Labs, a renowned Web3 venture builder known for launching the Simon's Cat carto…
April 24, 2025, noon
Web3
Hacker Returns $5 Million in Stolen ZKSync Tokens Following Bounty Agreement
Following a recent security breach involving the theft of $5 million worth of tokens from an admin wallet, ZKSync has announced that the stolen funds have been recovered, bringing the incident to a close. The layer-2 blockchain platform was compromised when its admin wallet was hacked, resulting in the theft of unclaimed tokens from a recent airdrop. In a statement, the project revealed that the …
April 24, 2025, 8:04 a.m.
Web3
Aavegotchi Shifts from Polygon to Coinbase's Base in a Bid to Revitalize User Engagement
In a decisive vote, the DAO governing Aavegotchi, a unique non-fungible token game, has chosen to relocate its entire ecosystem from Polygon to Base, a layer-2 blockchain operated by Coinbase. This move reflects a broader shift in sentiment among developers and users within the Ethereum layer-2 landscape, with 93.25% of voters supporting the proposal dubbed 'Make Aavegotchi Based Again'. The plan…
April 8, 2025, 4:18 p.m.
Web3
PwC Italy and SKChain Advisors Collaborate on EU Digital Identity Solution Based on Blockchain
PricewaterhouseCoopers' Italian branch has partnered with SKChain Advisors, a blockchain consulting firm, to develop a digital identity product for the European Union. The upcoming product, as announced on Monday, will allow European companies and their customers to securely access digital platforms, including those within the Web3 ecosystem. Built on World Mobile Chain, a layer-3 network that ut…
March 24, 2025, 2 p.m.
Web3
Solana's DeFi Tokens Appear Undervalued Compared to Ethereum Counterparts, According to Franklin Templeton
The decentralized finance scene on Solana is experiencing rapid growth, outpacing Ethereum in terms of expansion and revenue generation. However, as highlighted in a report by Franklin Templeton on Tuesday, the valuation of Solana's tokens lags behind that of Ethereum's. The report notes, "Despite exhibiting significantly higher growth profiles, Solana DeFi valuation multiples trade at lower aver…
March 5, 2025, 8:15 p.m.
Web3
Animoca Brands Sees Shift in Revenue Streams as Advisory Services Surpass Web3 Business
The latest financial report from Animoca Brands reveals a notable change in the company's revenue streams, with its Digital Assets Advisory emerging as the primary source of income. This division, which provides services such as token advisory, tokenomics, and marketing to web3 projects, generated $165 million in 2024, marking a 116% year-over-year increase. In contrast, the company's traditional…
March 5, 2025, 11 a.m.
Web3
Raydium Contributor Dismisses Pump.Fun's Alleged AMM Shift as a 'Tactical Blunder'
Raydium, Solana's leading automated market maker, responded on Monday to speculation that Pump.Fun, a significant driver of volume, is planning to launch its own AMM. According to InfraRAY, a core contributor to Raydium, abandoning the platform would be a 'strategic miscalculation' for Pump.Fun, which has achieved immense popularity and profitability as a memecoin factory. InfraRAY expressed doub…
Feb. 25, 2025, 2:39 a.m.
Web3
Web3 Gaming Sector Witnesses a Paradigm Shift as Traditional Gaming Experts Surpass Cryptocurrency Specialists
A significant shift has occurred in the Web3 gaming industry, with professionals from traditional gaming backgrounds now outnumbering those with expertise in blockchain and cryptocurrency, as per the Blockchain Game Alliance. The alliance's 2024 State of the Industry report reveals that 52.5% of respondents possess gaming expertise, marking the highest percentage since the survey's inception in 2…
Dec. 17, 2024, 11 a.m.
Web3
Line Set to Introduce Mini Dapps in Bid to Replicate Telegram's In-App Gaming Success
Line, a prominent Japanese messaging app with 196 million active users, is poised to roll out decentralized applications, including games and utilities, by next year. Initially, 30 dapps will be introduced by the end of January, with plans to expand to 150 by the end of the first quarter, as stated by Sam Seo, chairman of the Kaia DLT Foundation, which will host these applications on its Kaia blo…
Nov. 27, 2024, 10:02 a.m.
Web3
Axie Infinity Developer Reduces Workforce by 21% Amidst a Year of Significant Progress
Sky Mavis, the company behind the popular web3 game Axie Infinity, has undergone a restructuring process, resulting in a 21% reduction in staff. According to Trung Nguyen, the company's co-founder and CEO, this move is not a response to financial difficulties but rather a deliberate decision to streamline operations and position the company for accelerated growth in 2025 and beyond. Despite exper…
Nov. 25, 2024, 6:13 a.m.