Tag Archives: Blockchain Technology

Crypto and fintech firm ZTX has stated it’s looking to build a new 3D virtual world atop the Arbitrum blockchain, which accounts for more than 60 percent of ETH’s Layer-2 market share. ZTX and Arbitrum… The Perfect Match? ZTX has said in this new virtual world, users can enjoy games, social interactions, and hold stakes in both economic and government activities while establishing and selling digital assets. ZTX is also a joint initiative between companies Jump...

Blockchain firm Artela has announced it recently garnered more than $6 million in new funding. Among the companies to participate in the round and donate their cash are Seven X Ventures, Dispersion Capital, Amino Capital, Big Brain Holdings, and A&T Capital. The round was led by Shima Capital. Artela Seeks to Build Atop Its Network Founder and CEO Of Artela Jerry Li mentioned in a statement: The seed round marks an important step for Artela, enabling us to...

Google Play is updating its terms to allow blockchain games in its store. The company has agreed to do so after many of its users have shown heavy interest in both crypto and non-fungible tokens (NFTs). Google Play Allows Blockchain Games Joseph Mills – the group product manager for Google Play – explained in an interview: Like with any emerging technology, we must balance innovation with our responsibility to protect users. So, we’ve spoken with developers about...

There are many gaming companies out there that have joined hands with blockchain technology as a means of enhancing experiences for many players, but Sega is not (and likely will not be) one of them. Sega Doesn’t Think Much of Blockchain Sega, as we all know, is a major competitor to Nintendo and has produced some of the world’s most recognized titles such as the “Sonic the Hedgehog” series, “Golden Axe,” and many others. In several ways, Sega has been ahead of...

Community Made is a Los Angeles footwear company. The firm wants to use blockchain to build out its supply chain and ensure the transparency of all its products and transactions. Community Made is Intrigued by Blockchain The company is now joining hands with Chroma Way in Stockholm, Sweden. Chroma Way is a blockchain firm that will develop the blockchain technology Community Made needs to make its products as viable and as trustworthy as possible. Community Made...

Mighty Bear Games has joined hands with web3 game developer Treasure to move its “Mighty Action Heroes” series to the Arbitrum blockchain. Mighty Bear Games and Treasure… A Perfect Match? CEO of Mighty Bear Simon Davis explained in an interview: The Treasure ecosystem is built on Arbitrum, and this creates a positive reinforcing dynamic between the chain and Treasure’s own ecosystem. The fact the two are closely intertwined is mutually beneficial and helped make...

There’s been a lot of talk about crypto tax cheats over the last few years, and according to a new report by the International Monetary Fund (IMF), the problem doesn’t end with anti-money laundering laws. The organization feels more steps are needed if things are going to come to a complete stop. The IMF Details Crypto Tax Evasion The big concern is that crypto is primarily being used by illicit players who garner money that’s not theirs (or that stems from...

Does blockchain going to space or taking over it sound foolhardy or impossible? According to a few different crypto companies, the idea isn’t as odd as it might seem at first glance. Blockchain and Space… The Perfect Match? There are many crypto and blockchain companies out there that are very curious about the universe and what distributed ledger technology can do when it comes to space. One of those companies is Lunar Crush. It recently announced plans to rover...

Steven Goldfeder of Arbitrum said in a recent interview he thinks it’s a mistake for blockchains to try and compete with Ethereum. Steven Goldfeder on What’s Coming for Blockchain Ethereum is the most popular network around. However, its high gas fees and slow speeds in the past have given rise to several Layer-2 blockchain networks that have sought to complement it or aid it along. They realize it’s too big for them to compete with, and they seek to enhance its...

Two Decembers ago, project funding platform Kickstarter announced it was considering a shift to blockchain, and that it was potentially looking into placing all its operations atop the same distributed ledger technology that has grown so close with digital assets. Kickstarter Says “No” to Blockchain Now, however, it appears this move is not going to happen. Kickstarter recently hired a new group of board members that have decided against the blockchain switch....