Blockchain

How NFTs are raising money for charity

Square Enix sells off $300 million in IP and studios to invest in blockchain

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advertisement The Japanese video game company Square Enix, which is behind popular titles such as Final Fantasy, Kingdom Hearts and Dragon Quest, signed a deal Monday to sell off some of its intellectual property and studios in order to fund new blockchain, AI and cloud investments. Swedish gaming firm Embracer is paying Square Enix $300 …

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Blockchain interoperability protocol Connext unveils token, plans airdrop

Blockchain interoperability protocol Connext unveils token, plans airdrop

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Connext, a blockchain interoperability protocol that enables developers to build cross-chain applications, has unveiled a native token called NEXT as it plans to convert into a decentralized autonomous organization (DAO). Sharing the news exclusively with The Block on Wednesday, Connext said NEXT is a utility and governance token that will power the full decentralization of …

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Cosmos-Based Juno Blockchain Pushed Offline in Apparent Attack

Cosmos-Based Juno Blockchain Pushed Offline in Apparent Attack

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According to Daniel Hwang, head of protocols at Stakefish, which runs a validator for Juno, members of the Juno community are trying to figure out who would have been motivated to execute the attack for no obvious financial gain. According to Hwang, token holders are pointing fingers at potential culprits ranging from competitor blockchains to …

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Riot Blockchain Sees 2022 as Year of Consolidation in Bitcoin Mining Sector

Riot Blockchain Sees 2022 as Year of Consolidation in Bitcoin Mining Sector

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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part …

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Blockchain Infrastructure Startup InfStones Raises $33M in Series B Funding

Blockchain Infrastructure Startup InfStones Raises $33M in Series B Funding

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“Just as AWS has made it easy for companies to deploy applications across servers, storage, and databases, InfStones is making it simple to deploy nodes, APIs, and other services,” said Dragonfly Capital Partner Tom Schmidt in a press release. “Their platform helps reduce the barriers to entry for new companies that are looking to incorporate …

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An Incumbent Asset Manager Enters the Blockchain Disruption Game

An Incumbent Asset Manager Enters the Blockchain Disruption Game

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“We can now fractionalize anything with an NFT, and that allows us to take any physical asset we’re very confident in the pricing trajectory for over the next 50-100 years and fractionalize the risk of ownership and make it liquid so people can trade it whenever they want to,” said Lemberg. “That’s a huge innovation …

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Virtual World Frenzy, the Evolution of Blockchain Gaming, and In-Game Economies

Virtual World Frenzy, the Evolution of Blockchain Gaming, and In-Game Economies

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November 26, 2021, 7:05PM EST • 16 min read Quick Take This weekly series explores the most interesting insights in NFTs, blockchain gaming, and virtual worlds The metaverse frenzy, which Facebook helped unleash, started to spill over to virtual world projects Investigating the current trends in blockchain gaming unearthed different types of games, which range …

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