‘Major implications’ for gaming tokens as CyberKongz hit with SEC Wells notice
CyberKongz said it was first contacted by the SEC two years ago and had been “suffering in silence” ever since. Go to Source
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Immutable pledges to fight after SEC ‘sprayed and prayed’ Wells notice
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. Go to Source
How the Lindy Effect can make users overconfident in DeFi ‘brands’
Users have more confidence in DeFi brands the longer they survive without incident, but every new upgrade may reset the clock. Go to Source
Independence Day director creating TV series based on Web3 game
The show, which is based on the “Space Nation” game, plans to use non-traditional distribution channels such as second-window broadcasts for streamers. Go to Source
Immutable taps Fireblocks to help game developers manage digital assets
Immutable teams up with Fireblocks to secure asset management for Web3 games, NFTs and DeFi projects within its ecosystem. Go to Source
Immutable shuts NFT marketplace, why Web3 gaming needs its own Steam: Nifty Newsletter
Immutable has wound down its NFT marketplace to allow marketplaces within its ecosystem to flourish. Go to Source
Immutable to shut down NFT marketplace
Immutable wrote that they would rather support marketplaces within the ecosystem than compete. Go to Source
GameFi studios are booming once again as crypto prices recover
New Web3 gaming projects continue to enter the sector as the price of cryptocurrencies surge. Go to Source
Vested crypto tokens worth over $3B to be unlocked in May
Sui, Pyth Network, Avalanche, Arbitrum and Aptos are set to release vested crypto tokens in May, according to data tracker Token Unlocks. Go to Source
Immutable’s zkEVM to eliminate Web3 gaming gas fees
Immutable’s blockchain protocol will allow the game studio to cut out gas fees for users, which is widely cited as a significant barrier to Web3 gaming adoption. Go to Source
