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Blockchain Game

VC investments in blockchain games plunged by 57% in Q1, data shows

by Isaac Wright
VC investments in blockchain games plunged by 57% in Q1, data shows

The blockchain gaming sector faced a rough start of the year, as venture capital deals dropped by nearly 60%, totaling $288 million, signaling caution among investors. Developers in the blockchain …

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Russian-language cybercrime operation mimics web3 games to target macOS, Windows

by Isaac Wright
Russian-language cybercrime operation mimics web3 games to target macOS, Windows

A new malware is faking web3 gaming initiatives to distribute infostealers across macOS and Windows platforms. A recent investigation by Insikt Group has unveiled a new Russian-language cybercrime operation targeting …

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Blockchain game developer Crystal Fun raises $5m from KuCoin and others

by Isaac Wright
Blockchain game developer Crystal Fun raises m from KuCoin and others

KuCoin Ventures has backed blockchain game development firm Crystal Fun in an effort to further decentralize gaming platforms. In a press release on Feb. 20, KuCoin‘s investment arm, KuCoin Ventures, …

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PIXEL launches with $441m market cap, Ronin gamers receive airdrop tokens

by Isaac Wright
PIXEL launches with 1m market cap, Ronin gamers receive airdrop tokens

Blockchain-based farming and social game Pixels launched its PIXEL token this Monday, seeing a notable increase in value after its debut. Following a series of play-to-airdrop campaigns and a Binance …

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Over 30% of blockchain games are now abandoned, data shows

by Isaac Wright
Over 30% of blockchain games are now abandoned, data shows

Out of more than 1,300 blockchain games that have been announced since 2021, over 400 are now discontinued or canned. According to data compiled by BlockchainGamer.biz, out of a total …

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Blockchain game developer SkyArk Studio raises $15m in round led by Binance Labs

by Isaac Wright
Blockchain game developer SkyArk Studio raises m in round led by Binance Labs

SkyArk Studio, a developer of blockchain-based video games, has secured $15 million from over 40 investors in its latest funding round. In an X announcement on Jan. 12, SkyArk Studio …

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Fable series creator launches web3 game on Gala Games

by Isaac Wright
Fable series creator launches web3 game on Gala Games

Peter Molyneux’s new play-to-earn blockchain game Legacy wants to reinvent the gaming experience with non-fungible tokens. Legacy, a web3 business simulator and city management game from Peter Molyneux, best known …

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