Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

In the fast-paced world of cryptocurrency and NFTs, Yuga Labs has emerged as a prominent player. The creator of Bored Ape NFTs, Yuga Labs had carved a niche for itself in the digital art world. However, recent market challenges and uncertainties have prompted the company to reevaluate its direction.Under the leadership of CEO Daniel Alegre, Yuga Labs is making bold moves. The shift towards the Otherside Metaverse project showcases a determination to adapt and thrive in an industry known for its dynamism. This decision, accompanied by employee layoffs, highlights the company's commitment to a future where innovation and resilience are paramount."This excerpt provides a glimpse into Yuga Labs' response to market challenges and introduces the role of CEO Daniel Alegre in shaping the company's future.

After China and Korea crusades against the crypto industry, India also plans to follow suit. At the end of 2021, India announced a bill

In a bid to create blockchain-based games, Zynga has entered into a strategic partnership with software maker Forte

Video games industry as a catalyst to NFT mass adoption. NFT's are now a household term and commonly used by all of us!

Nexon America, a gaming company and subsidiary of South Korean gaming giant Nexon, announced that it has started accepting cryptocurrencies.

French hyper-casual game company Voodoo announces that it plans to make massive investments in blockchain-based mobile games.

China’s offensive against crypto-related things continues and now it has warned its citizens via state television.

The funding for Forte came when other NFT gaming companies have crossed the $1 billion valuations. Some companies reached unicorn status

Mythical Games announced the first developer for the Mythical Platform to build or integrate playable blockchain-based economies into games.