The Saudi Ministry of Culture, in partnership with droppGroup and Oracle, recently introduced the ‘Cultural Universe’, a national Metaverse project dedicated to exploring Saudi culture and heritage. This initiative, which utilizes droppGroup’s Generative Media Intelligence (GMI) AI system, droppPhygital, and Oracle’s Hyperledger Fabric 2.5 blockchain technology, was officially launched on February 22nd, coinciding with Saudi
NFT
The partnership between OVERDARE, KRAFTON, NAVER Z, and Circle Internet Financial marks a new era in the mobile gaming sector. By leveraging Circle’s Programmable Wallets, game content creators will now have access to secure in-game Web3 wallets to receive direct USDC payouts. This collaboration aims to revolutionize the way user-generated content is created and shared
The realm of cryptocurrency is fraught with scams and thefts, leaving victims reeling from the loss of millions of dollars to cybercriminals. However, amidst this chaos, on-chain researcher ZachXBT has emerged as a beacon of hope for those who have fallen victim to digital asset theft. His recent successful recovery of stolen funds from a
Nemesis Downfall, the long-awaited first-person shooter game, is gearing up for its open beta launch on February 28. With its innovative play-to-earn concept, the game is set to make waves in the gaming industry. Players will have the opportunity to earn rewards while engaging in thrilling combat scenarios on the PancakeSwap Gaming Marketplace. The game
The concept of airdrops has been gaining popularity in the cryptocurrency space. It involves the free distribution of tokens or coins by blockchain projects to attract attention and bring in new users. Airdrops can take various forms such as tokens, coins, or NFTs (non-fungible tokens). The main goal of airdrops is to generate buzz and
After the departure of former CEO Daniel Alegre, Greg Solano has taken the reins once again as the chief executive officer of Yuga Labs. In an announcement on X (formerly Twitter), Solano expressed his enthusiasm for leading the company and highlighted the ongoing development of the virtual game, Otherside. Despite facing delays, Solano is committed
Pudgy Penguins recently announced an expansion of their partnership with Walmart, increasing their presence to 3,100 locations across the United States. This marks a significant milestone in their collaboration, as they introduce 1,100 new locations featuring Pudgy Toys and exclusive Walmart collectibles. The brand’s success with their NFT collection inspired the creation of Pudgy Toys,
In a world where online threats are constantly evolving, it has become essential for companies to prioritize security measures to protect their users. MetaMask, a popular cryptocurrency wallet, has recently announced the expansion of its Security Alerts feature, aiming to provide added protection for its Extension and Mobile users across various blockchain networks. This enhancement
NFTs have become a global sensation, offering a unique way to represent ownership of exclusive items. Sports Illustrated has recently jumped on the NFT bandwagon with their innovative ticketing platform, Box Office. This collaboration with Avalanche, a well-known blockchain network, marks a new era in the ticketing industry. Through the use of blockchain technology, individuals
The recent sale of a complete set of 10 Autoglyphs has sent shockwaves through the blockchain and art communities, garnering attention for its staggering purchase price of 5,000 ETH, equivalent to approximately $14.6 million today. This sale stands as the highest NFT sale in the past two years and the fifth-largest on-chain purchase to date,
Yuga Labs, a prominent player in the world of Web3 innovation, has recently made waves with its acquisition of PROOF. PROOF is a platform known for its focus on art and community engagement, making it a strategic addition to Yuga Labs’ portfolio. This acquisition encompasses not only the team and intellectual property of PROOF but
Exverse, a trailblazing free-to-play Web3 game, has recently garnered an impressive $3 million in a private funding round. Unlike its predecessors in the Web3 gaming space, Exverse is dedicated to reinventing the AAA first-person-shooter genre by integrating cutting-edge Web3 technology. By addressing the shortcomings of early Web3 gaming models, Exverse strives to provide players with
Lamborghini, a household name in the world of luxurious sports cars, is now making a significant impact in the digital realm with its latest move. Teaming up with VeVe, a renowned digital marketplace for premium licensed digital collectibles, Lamborghini is set to launch a groundbreaking NFT car collection on February 18. Non-Fungible Tokens (NFTs) have
In an era of constant change and advancement within the entertainment industry, Gala Film is making waves with its innovative approach to incorporating Web3 technology into the cinema experience. The aim is to not only make entertainment more accessible but also to make it more rewarding for users, potentially ushering in a new era in