Latest News on GameFi

OpenSea co-founder and CEO Devin Finzer said the SEC dropping its investigation into the NFT marketplace is a huge win for the space.

The Hamster Kombat team told Cointelegraph that the layer-2 network on TON is a foundation for an entertainment ecosystem.

Illuvium CEO Keiran Warwick said it was a “somber moment” as the blockchain gaming firm made the decision to cut its workforce by 40%.

DappRadar reported that there were 7 million daily unique active wallets in Web3 gaming last month, up 386% compared to January 2024.

The US-based Ready Makers says it won a court order to freeze crypto tokens from its Gibraltar subsidiary, Ready Maker, which it claims it lost control of.

The Ronin Network has introduced a $10 million grant program to boost blockchain development, focusing on gaming, consumer DApps and DeFi protocols.

Illuvium said the partnership with AI agent protocol Virtuals will allow its in-game NPCs to adapt quests, dialogue and challenges based on the player’s actions.

According to a Blockchain Game Alliance survey, player reward models are a top benefit for attracting new users.

Gamers of a certain age will feel the nostalgic pull of the Web3 incarnation of a 2000s MMORPG fan favorite.

Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects. 

Mythical’s CEO John Linden anticipates that FIFA Rivals could attract over 100 million gamers into the Web3 space.

Jeffrey Zirlin says the election of Donald Trump will take regulatory pressure off the “token design” and allow for radical new kinds of innovation. 

Hamster Kombat is planning its comeback as Telegram Mini Apps Paws and Blum surge in popularity. 

The feature is limited to game-issued assets, but Immutable plans to expand it to IMX, USDC and ETH. 

Blockchain gaming platform Immutable says it received a Wells notice from the SEC over alleged securities law violations within "hours" of its first interaction with the regulator.