Tagged: gaming

Gaming, Payments Top Fraud Areas: AU10TIX

AU10TIX, a provider of identity verification and management, this week released its Q1 2024 Global Identity Fraud Report. Drawing insights from millions of transactions processed around the globe from January to March 2024, the report uncovers significant trends in large-scale organized identity fraud. Most notably, the online gaming industry’s share… Read More

CFPB Says Gaming Marketplaces Put Personal Data at Risk Due to Financial Info

The Consumer Financial Protection Bureau (CFPB) says the increase in financial transactions in the gaming world is putting users’ information at risk. The agency claims that gaming platforms are not benefitting from the protections of federal law. The CFPB states that it has received consumer… Read More

Web3 Adoption: OVERDARE and Stablecoin Issuer Circle to Enhance Mobile Gaming Experiences

OVERDARE, Inc., a joint venture backed by gaming/metaverse industry participants KRAFTON, Inc. and NAVER Z Corporation, announced a partnership with Circle Internet Financial, a global financial technology firm and the issuer of USDC, the world’s “largest regulated” US dollar-backed stablecoin. This collaboration is set to… Read More

Fintech Cross River and Aeropay to Enhance Instant Payouts for Gaming

On the cusp of Sunday’s “Big Game” and the upcoming college basketball playoff season, players in the gaming industry can now receive their winnings instantly, thanks to a partnership between Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and Aeropay, a… Read More

Republic and Creta to Enhance Web3 and Metaverse Gaming Experience

Republic, a global technology company supporting the digital transformation of finance and investing, and Creta, a Web3-based multiverse gaming platform formed by a coalition of developers, creators, producers, are announcing their partnership with eyes towards collaboration in the Web3 development space. Republic is an financial… Read More

Yield Guild Games Partners with Iskra to Introduce Questing Systems in Blockchain Gaming Hub

Philippine-based web3 gaming player Yield Guild Games (YGG) announced its collaboration with Iskra, a blockchain gaming hub and launchpad, to introduce innovative questing systems to its platform. Iskra, backed by industry giants such as LINE, Kakao, Wemade, and Netmarble, boasts over four million registered wallets… Read More

Singapore’s Whampoa Digital, Wemade to Establish $100M Web3 Fund to Support Crypto-Asset Initiatives in Middle East

Singapore-based Whampoa Digital and Wemade, a Korean gaming company, have entered into a strategic partnership to collaborate on a US$100 million Web3 Fund to be established by Wemade as well as on digital asset initiatives in the Middle East. As part of this collaboration, Whampoa… Read More

Regtech Sumsub Launches Full-Cycle Verification, Anti-fraud Solution for Gaming

Sumsub announces the first integrated solution for user verification, anti-fraud and compliance in gaming enabling both platforms and operators to seamlessly cover the entire player lifecycle and maximize revenue while “staying compliant with all regulations and guidelines.” With this launch, Sumsub claims that is the… Read More

TrueLayer to Enable Gaming Operator William Hill to Prove Instant Payouts an Pay-ins

TrueLayer has issued an update stating they will be enabling William Hill, a UK gaming operator, to provide instant pay-ins and pay-outs for its customers. William Hill provides sports betting, poker, and more. TrueLayer says the winnings can be transferred instantly into a user’s bank… Read More

Animoca Brands Subsidiary to Launch Metaverse Ecosystem Token on Bitcoin, Partners with Horizen Labs

Darewise Entertainment, a subsidiary of Animoca Brands and the force behind the Life Beyond Gaming Metaverse, announced an engagement with Horizen Labs for technical token, development, and consulting services. Horizen Labs, which previously “provided smart contracting and token strategy advice relating to the launch of… Read More

Digital Property Rights, Metaverse Platform Animoca Brands Secures $20M for Mocaverse Project

Animoca Brands Corporation Limited, the company advancing digital property rights for gaming and the open metaverse, announced it has received binding commitments for a funding round to accelerate Mocaverse, one of the Company’s marquee projects. Animoca Brands has raised US$20 million (approximately A$31.3 million) via… Read More

DLT Adoption: IOST, Lifty to Advance Web3 Gaming, Support Blockchain Awareness Initiatives

Lifty, a Web3 gaming platform, has joined forces with IOST in order “to propel the adoption of blockchain technologies among the general public.” This partnership aims “to leverage Lifty’s transparent blockchain analytics and innovative Web3 marketing tools to empower gamers and enhance the gaming experience… Read More

Binance Labs Commits $15M to Xterio Ecosystem to Enhance Its Game Development Capabilities in AI, Web3

Binance Labs, the venture capital and incubation arm of Binance, which is being sued by US regulators for a wide range of issues, has committed $15 million into Xterio, a Web3 game platform and publisher bridging free-to-play and on-chain gaming with in-house and third-party games… Read More

Web3: Animoca Brands, the Firm Advancing Digital Property Rights for Gaming and Metaverse, Joins Celo Ecosystem

The team at Celo is pleased to announce that Animoca Brands, the company advancing digital property rights for gaming and the metaverse, joins the Celo ecosystem in order “to scale up Web3 gaming in a shared effort to drive social impact and climate action by… Read More

Renz Chong: CEO at BreederDAO Explains How AI Can Unlock the Potential of NFT Gaming

The convergence of AI and NFTs has far-reaching implications for the gaming industry. It introduces a new level of customization and creativity for players, enabling them to personalize assets within the gaming space. NFTs, providing the technology for creative ownership, synergize with AI, which breaks… Read More

Web3: Binance Labs Co-Leads $6.6M Seed Round for Fusionist to Support Web 3.0 Gaming Innovation

Binance Labs, the venture capital arm and accelerator of Binance, has co-led a $6.6 million seed funding round for Fusionist, a Web3 gaming company, alongside Web2 gaming giant FunPlus in May 2022. The move aligns “with Binance Lab’s commitment to supporting early-stage Web3 gaming projects… Read More

Southeast Asia: HoYoverse, Coda Payments Launch Partnership with Honkai: Star Rail to Offer Vouchers

HoYoverse, the game publisher that created Genshin Impact and Honkai Impact and Coda Payments, the provider of cross-border content monetization solutions including Codashop, have partnered “to offer a series of Honkai: Star Rail vouchers as part of the game’s sensational launch in April.” Game fans… Read More

Web3 Infrastructure: Polygon Labs, Horizon to Advance Sequence’s Wallet, Developer Stack on Polygon Supernets

Horizon Blockchain Games, a web3 infrastructure and gaming company, and Polygon Labs, a growth and development team for the Polygon protocols, announced a strategic alliance aimed at enhancing web3 infrastructure. Horizon’s Sequence product is described as “a leading web3 developer platform: its modular all-in-one web3… Read More

Metaverse: Hex Trust, The Sandbox to Enable Secure Custody of Virtual Assets

Hex Trust, an institutional-grade digital asset custodian licensed across global financial hubs, has partnered with The Sandbox, a decentralized gaming virtual world to enable fully-licensed and highly-secure custody of assets such as LAND in The Sandbox’s metaverse. Hex Trust has fully “integrated LAND into its… Read More

Binance Labs Invests in GOMBLE, a South Korean Developer of Blockchain-based Casual Games

Binance Labs, the venture capital arm and accelerator of Binance, committed an investment in the seed funding round of GOMBLE, a blockchain-based casual game developer. GOMBLE will use the funds “to develop and release its first mobile game, RumbyStars, and continue to expand its gaming… Read More

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