Metaverse of Entertainment Expected to Grow to Almost $29 Billion Driven by Consumer Spending by 2026, Study Says

A study from Technavio, a market research firm, has predicted that the area of the metaverse dedicated to entertainment, including virtual concerts, video games, and movies, will grow to $28.92 billion in value from 2021 to 2026. The report states that 33% of this growth will originate in U.S. markets, due to the intersection of … Read more

Live-Streaming Service Twitch Gives Subscribers 10% Discount if They Pay With Cryptocurrency

The live-streaming service Twitch is now offering a 10% subscription discount for people who register with cryptocurrency. The new offer from Twitch leverages the Bitpay payment processor, as this is the first crypto-based discount promotion from a company of this magnitude. This week, the live-streaming service Twitch revealed it is offering a 10% discount for … Read more

ESPN Announces Online Gaming That Allows Bitcoin Deposits and Withdrawals

ESPN Global has announced the launch of a blockchain-powered gaming platform, which will allow competitors to deposit and withdraw using bitcoin and other cryptocurrencies through Cryptopay. The platform is also integrating an online treasure hunt, Satoshi’s Treasure, with $1 million worth of bitcoin to be split among 1000 winners. In a June 23 statement, the … Read more

Developers Reveal Sandbox Video Game Powered by Bitcoin Cash

On August 7, developers from the team Block Hop announced a new sandbox game powered by the Bitcoin Cash (BCH) blockchain. The gaming software called Realmx is a “next-generation” game that uses blockchain technology, extensible crafted items, and online gaming to create unique experiences and gameplay. Also Read: SLP Developers Publish Specs for a Unique … Read more

PR: Bitpunter Launches Transaction Mining for Online Gaming

The recent advent of transaction mining as a business model has taken the cryptocurrency world by storm, with transaction fee mining exchanges such as BitMax and FCoin overtaking other long-serving exchange powerhouses in a short span of time. The post PR: Bitpunter Launches Transaction Mining for Online Gaming appeared first on Bitcoin News. Go to … Read more

$350 Million Bitstamp Acquisition Negotiations Denied by Nexon CEO

The bitcoin exchange industry is widely considered to be in a process of transition, with big players stepping in and acquisitions leading to greater consolidation. As such it is not surprising to hear that Bitstamp is on the shelf, although a rumored buyer now denies it.   Also Read: Bitcoin in Brief Wednesday: Crypto Leakers, … Read more