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

Read Daily: The Latest Crypto, NFTs, Web3, Blockchain, and Play-to-Earn News

Stay in the loop with our daily gaming news! Discover the latest in blockchain tech, play-to-earn games, NFTs, Web3, and metaverse gaming, keeping you on top of crypto gaming trends.

Tag: Digital Assets

Experts Call for Regulatory Action as Web3 Revolutionizes Finance

Experts Call for Regulatory Action as Web3 Revolutionizes Finance

Web3 assets are still a long way from being used by most people. No matter if it's NFTs, cryptocurrency, tokens, or some other type of digital asset, there are a number of problems that are slowing the growth of Web3. One of the biggest problems is that states all over the world move slowly when it comes to making rules for Web3 digital assets. Part of the reason for the slow method is that Web3's new technology is very fluid. And politicians are trying to figure out and learn more about Web3. But experts say that states need to start regulating Web3 assets as soon as possible. Experts say that states should make rules about Web3 assets as soon as possible. And not wait until the field has reached its peak, since it is always changing. Monday at the Dubai FinTech Summit, there was a panel discussion where these thoughts and points of view were brought up.

Read more
The Sandbox: Web3 Security Breach Exposes Users to Phishing Threats

The Sandbox: Web3 Security Breach Exposes Users to Phishing Threats

The first Web3 security breach makes headlines in 2023 as the blockchain game Sandbox gets compromised and sends phishing emails to users.The Sandbox Sends users are at risk of phishing or malware emails after an unauthorized third party gained access to an employee's computer.The popular metaverse firm, The Sandbox, has issued a warning to its community members about a security breach. In their recent blog post, the platform disclosed that an unauthorized third party has successfully evaded its security measures and could have obtained information about its users. The Sandbox has warned its community not to open any suspicious emails that could give attackers access to their digital assets. This is the first significant Web3 breach to make headlines in 2023. According to the official blog post, the email titled 'The Sandbox Game (PURELAND) Access' may have been delivered to the email inboxes of The Sandbox community members. The email has links to malware that can sneakily install itself on users' computers and access their data without their knowledge.The blog post further explains that an employee's computer at The Sandbox was unlawfully accessed by a third party. It allowed them to obtain several email addresses to which they sent the email. An unauthorized third party had gained access to the computer of an employee of The Sandbox. This enabled the third party to access a number of email addresses. It then sent an email targeting the community.The Web3 game ecosystem provider identified the security breach at the end of the previous month. It is now contacting users who may have received a malicious phishing email. People have told these people not to click on the links in the email, which means they shouldn't open, play, or download anything. To address the issue, The Sandbox has blocked the employee's accounts and access to their platform. Additionally, it reformatted their laptop, and reset all relevant passwords while requiring two-factor authentication. While the company has not discovered any additional impacts resulting from the breach, they are actively monitoring the situation.“We have blocked the employee's accounts and access to The Sandbox, reformatted the employee's laptop, and reset all related passwords including requiring two-factor authentication. We have not identified any further impacts. However, we are working to monitor the situation,” the blog added.The Sandbox has urged its community members to utilize a trusted antivirus program and reformat any affected systems. In 2018, Animoca Brands, a game software company based in Hong Kong, acquired The Sandbox, a mobile game firm. Moreover, Animoca revamped the platform with a metaverse twist.

Read more
Warner Bros Partners with ImmutableX to Power Blocklete Golf

Warner Bros Partners with ImmutableX to Power Blocklete Golf

ImmutableX will Provide its Blockchain Platform for the Mobile Web3 Game Blocklete GolfImmutableX joins hands with Warner Bros. to work on the Web3 mobile blockchain game Blocklete Golf, which will permit players to own NFTs.ImmutableX announces the expansion of its collaboration with Warner Bros. Discovery Sports. Warner Bros. will be utilizing the ImmutableX blockchain platform to power Blocklete Golf - a mobile Web3 game, created by Warner Bros. Discovery Sports. The game lets players use non-fungible tokens (NFTs) to buy, train, and trade unique virtual golfers. Andrew Sorokovsky, the vice president of global business development at Immutable, stated in a release that they were pleased to partner with a pioneer like Warner Bros. and will provide the blockchain infrastructure for Warner Bros Discovery and Turner Sports in the sports media sector. He also mentioned that their commitment to exploring new possibilities and embracing early web3 adoption demonstrates that decentralized solutions are swiftly moving toward mass adoption. This will offer millions of individuals, new and engaging methods of interacting with entertainment media while maintaining complete control over their digital assets.Blocklete Golf, which was first released on the Flow blockchain, is going to move to ImmutableX to take advantage of its fast transactions and gas-free non-fungible token (NFT) minting. Another reason for this shift is that it is supported by Ethereum's powerful security and decentralization. Warner Bros. Discovery Sports and Immutable have decided to keep working together. This comes after the launch of the first interactive trivia and fan loyalty program, which can be seen every week during the Inside the NBA show after an NBA game.

Read more
NFTs and Video Games Industry 2024

NFTs and Video Games Industry 2024

The gaming industry is discussing NFT. Know what?As a gamer, you've probably heard the term NFTs in the last year or so. It's confusing. NFTs have to do with cryptocurrencies and the blockchain, but why are they being linked to games? Why are video game publishers are now creating NFT-based games? What do gamers have to do with N-FT's? I mean what are NFT's? Many do not know about it. The answer lies in the interdisciplinary barren and drylands of the economy and computer sciences. Bear with us today, as we will answer all your questions.

Read more
Video Game Industry NFT's; Cash Grab?

Video Game Industry NFT's; Cash Grab?

Video Game Industry NFT: A Real Change or Just a Way to Make More Money?The tech and gaming industries have been all about NFTs and blockchain gaming for the past few years. But there are different opinions on the subject in the gaming industry. Some call it a revolution and the future of gaming. Others aren't sure about it and think it's just another way to make money. Also, gamers and fans have said what they think about the problem and are very vocal about it.

Read more
What's Up With Blockchain & Games?

What's Up With Blockchain & Games?

Blockchain Tech and Video Games, what is all the Fuss About? People have stopped using traditional ways to make money because crypto, NFT, and blockchain-based games have so much potential. Nowadays the trendy buzzwords in the tech world are NFTs, cryptocurrency, blockchain, DeFi, and more. And the video game industry has also picked up with the newest trend as it did in the past with others.

Read more

Want to stay updated about Play-To-Earn Games?

Join our weekly newsletter now.

Play To Earn Games: Best Blockchain Game List For NFTs and Crypto

Play-to-Earn Game List
No obligationsFree to use