Catch up on the latest funding and partnership news about GameFi and Web3 gaming. This week, Cointelegraph covers LootRush, Axie Infinity and Polygon Studios.
Ornella is a news writer covering all things related to DeFi and NFTs. In the past, she has worked for TV outlets such as CNBC and Telemundo reporting on lifestyle and technology. She originally began investing in Ethereum after hearing about it from her dad, and hasn't looked back since. She speaks English, Spanish, French and Italian.
GameFi News: Tilting Point partners with Polygon Studios and LootRush raises $12M Nifty News: Louis Vuitton and Johnnie Walker dabble in Web3
Other notable NFT news this week includes Larva Labs deleting all of its tweets and Elon Musk briefly changing his Twitter profile picture to a Bored Ape Yacht Club collage.
Nym Technologies raises $300M to advance internet privacy, sending token price up
The NYM Innovation Fund will support research on mixnets and privacy-enhancing technologies.
4-digit ENS domains spike in demand this week and continue soaring
Ethereum users rushing to purchase scarce three- and four-digit names have been driving NFT market sales activity.
Internet Computer's ORIGYN is watching the watches using NFT authentication
ICP-powered ORIGYN is leveraging blockchain and biometric technology to tackle the issue of counterfeit watches.
'Ready, steady, NFT:' Ukrainian government accepts NFT donations
Ukraine continues to use crypto and NFTs to fund the two-month long ongoing Russia-Ukraine war.
Crypto Bahamas: Attendees talk of the future of NFTs
As the inaugural conference presented by FTX and SALT is underway in the Bahamas, Cointelegraph gathered some key insights.
Nifty News: OpenSea acquires Gem, and Chess.com makes a move into NFTs
OpenSea's NFT empire just got bigger with its latest acquisition, while virtual influencer Rae creates an NFT collection to advance girls' education, and online chess players can now turn memorable matches into NFTs with Chess.com.
Crypto gains trust as investment, but still lags behind other options: Bitstamp report
Uncertainty over regulation remains a key barrier to crypto investing, according to Bitstamp.
Takeaways and reviews, what went down during Miami Tech Week
One of largest VC deals so far in Q1 2022 went to Miami-Based Yuga Labs with its $450 million seed funding round led by Andreessen Horowitz.
Wildlife conservation efforts turn to NFT-funded initiatives
Coorest and the PLCnetwork of the Southern Hemisphere believe that blockchain and NFT technology are a solution for protecting endangered wildlife and funding costly conservation areas.
Tezos co-founder Arthur Breitman discusses the untapped potential of DeFi
Breitman revealed that Tezos’ solution to the blockchain trilemma is using optimistic rollups in an exclusive interview with Cointelegraph.
Blockchain games are leading the DApp industry, says latest DappRadar report
DappRadar and the Blockchain Game Alliance produce the Q1 numbers behind the top play-to-earn and GameFi DApps.
Blockchain.com co-founder thinks the EU and UK are 'progressive' crypto regulators
In a conversation on stage at Paris Blockchain Week Summit and in an exclusive interview afterwards, Nicolas Cary shared his insights on inflation, regulation and Web3.
Andre Cronje sees a ‘necessity for regulation’ ahead of crypto’s new era
A Medium post revealed Cronje's disdain for crypto culture and his likely return to the space.
Making Bitcoin legal tender in Mexico will be ‘an uphill battle,’ says Ricardo Salinas
Billionaire and Bitcoin advocate Ricardo Salinas believes that the growth of Bitcoin is inevitable, but its future depends on how fast and cheap transactions can get.
Opera Crypto Browser is now available on iPhone and iPad
Even though mobile Android users have been able to access the browser for the past few months, over a billion Apple users can now download it via the App Store.
Algorand founder Silvio Micali wants to usher in the democratization of finance
Cointelegraph conducted an exclusive interview with Silvio Micali at the Paris Blockchain Week Summit.
Animoca Brands to bet big on MMORPG blockchain games
In less than a week, Animoca Brands has acquired two major video games publishers: Eden Games and Darewise Entertainment.
Archie Comics and Palm NFT Studio want fans to co-create the comic’s future series
Archie Comics is one of the first major comic book companies to launch its characters into Web3, and its inaugural NFT collection is inspired by The Chilling Adventures of Sabrina.
Bitcoin 2022 Miami: Conference recap and major themes
The four-day event brought together developers, business leaders, policymakers and builders of the Bitcoin economy.
Dozens of VIP backers invest $87M into crypto payment startup MoonPay
Ashton Kutcher, Gwyneth Paltrow, Justin Bieber and Snoop Dogg are among MoonPay's strategic investors who have brought the company's valuation to $3.4 billion.
Polygon commits to going carbon neutral in 2022
The network also pledged $20 million to offset its carbon footprint and foster an industry-wide movement.
Nifty News: Bored & Hungry? Or want to listen to a podcast hosted by a Mutant Ape?
Bored Ape Yacht Club owners can take advantage of IP rights by auditioning for a BAYC movie trilogy, while other popular NFT characters now make up the cast of iHeartMedia's latest podcast venture.
Blue Chip and Metaverse NFTs propel growth of NFT market, says Nansen report
Blue Chip NFT collections such as Azuki, Clone X and Doodles are leading the steady growth of a market that has traded over $17 billion since 2020.
Fortnite creators Epic Games raise $2B from Sony and LEGO to fund metaverse plans
Looks like its latest raise brings Epic Games' valuation to $31.5 billion.
Mastercard files 15 metaverse and NFT related trademarks
Mastercard joins Visa and American Express with moves into the Metaverse as it seeks to increase revenue streams and remain competitive in the virtual economy.
Cash App users can now invest paychecks into Bitcoin
The Bitcoin 2022 conference in Miami set the stage for the announcement followed by a panel with athletes Serena Williams, Odell Beckham Jr. and Aaron Rodgers.
Spells of Genesis game celebrates 5 years by opening a virtual NFT history museum
CryptoVoxels will be the home of the Spells of Genesis trading card exhibit as NFT galleries become increasingly commonplace in the metaverse.
ESPN and Tom Brady's Autograph ink multi-year NFT deal
ESPN’s first NFT collection is based on its "Man in the Arena: Tom Brady" documentary and magazine issue.