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Horizon Blockchain Games Raises $40 Million From Ubisoft, Take-Two and Other Investors

As NFT games boom, the traditional video game industry is starting to take an interest in Web3 development, investing large sums of money in blockchain gaming companies. On October 04,…

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Ripple and Armin van Buuren’s Armada Music to Launch an Album in the Metaverse

The blockchain company Ripple joined forces with the music integration platform Styngr and the record label Armada Music to release an exclusive album in Maladroids (a video game built on…

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Study: Samsung Named Most Active Investor in Crypto and Blockchain Startups

Between September 2021 and mid-June 2022, Samsung invested in 13 crypto/blockchain companies thus making the South Korean corporation the most active among the top 40 corporations. Google’s parent Alphabet firm,…

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Doodles’ NFT Sales Volume Skyrockets After $54M Capital Infusion by Reddit’s Ohanian

After the announcement of a $54 million funding round, Doodles’ sales volume spiked by over 1,000% in a matter of just a few hours earlier this week. Doodles’ record-breaking traction…

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Someone Paid $60K (36 ETH) in Fees to Mint the First NFT on Ethereum After The Merge

The Ethereum network went through its largest upgrade in history, transitioning to a Proof-of-Stake consensus algorithm. Immediately after that, users are finding clever ways to commemorate the event and to…

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Web3 Games and Metaverse Projects Raised $748 Million in August (Report)

According to a report by the data acquisition and analysis company DappRadar, Web3-based games and Metaverse projects raised $748 million since August 1, 2022. Last month, on average, 847,000 daily…

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Japanese Mayors Awarded With NFTs for Excelling at Usage of Digital Technology

The Japanese government is handing out non-fungible tokens (NFTs) as a supplementary award to local authorities that excelled in utilizing digital technology to solve local issues as well as fostering…

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