Author: Crypto News Live

Illuvium Game Studio recently announced July 25 as the release date of its upcoming blockchain game. The launch comes after a series of play-to-earn airdrops as part of Private Beta 4 and the open beta Testnet launched on May 28. Also read: New Alliance in Web3 Gaming as Illuvium (IBG) partners with Samsung The game’s development team has delayed its release to include new features, such as an Arena mode that comes with a new weapons system and a Gauntlet mode. Similarly, it will also feature the Overworld mode with NPC interactions, combat, character customizations, economy adjustments, and more. Along…

PLEXUS, a popular cross-chain bridge aggregating company, has recently announced another development. As per the platform, it is introducing the Theta Algorithm V2 to begin an exclusive epoch of cross-chain operations, enhancing the user experience. On its official X account, the firm disclosed this development. 🚀 Big News! PLEXUS unveils Theta Algorithm V2! Multi-Layered Transactions: Theta V2 uses machine learning to optimize liquidity across chains, considering fees, gas costs, slippage, and price impact for the best trading experience.Enjoy faster, safer, and more scalable… pic.twitter.com/me6GiLMQSv — PLEXUS | We’re Hiring! (@plexus_fi) June 5, 2024 PLEXUS Releases Theta Algorithm V2 to Improve…

TL;DRFull StoryAlright, let’s cap things off with a bit more fumb (fun + dumb) news.Ever wanted to explore the metaverse (i.e. the 3D version of the internet) from your phone? Nope? Nah, us either. But it will soon be possible, thanks to The Sandbox’s next development of a decentralized metaverse for mobile.Here’s the argument for this:Now, we get it – we’re not in 2008 anymore – but remember when Zuck decided to focus all of Facebook’s attention, energy and budget on mobile?Then suddenly, instead of people using a clunky web-based version on their smartphone, literally everyone started using the FB…

Pallavi Thakur, Director of Strategy and Innovation at Swift, and Julien Clausse, head of Asset Foundry at BMP Paribas, shared insights about tokenization at the Money20/20 conference. During their joint presentation, both Clausse and Thakur agreed that tokenization faces significant interoperability challenges, requiring solutions at multiple levels. Citing themes from her talk yesterday, Thakur cited interoperability as a barrier to tokenization, claiming that tokenization platforms often create isolated networks or “islands” that don’t inherently communicate with each other. “Tokenization is gaining momentum and is poised to transform the securities market,” said Thakur. However, she highlighted a significant hurdle: “These tokenization…

Hamster Kombat, the latest Telegram-based game to follow in the footsteps of crypto gaming sensation Notcoin, is seeing skyrocketing interest ahead of the upcoming token launch on The Open Network (TON). Now the team has revealed a massive milestone for players and has teased a launch target for the impending token. On Wednesday, the Hamster Kombat team announced that it has drawn 100 million players into the Telegram mini app to date, blasting upwards from a claimed mark of 60 million players last Friday. That’s an enormous amount of players for any game, let alone one that is set to…

The metaverse is no longer a distant concept. It’s here, transforming the digital world and how we interact within it.Creating a metaverse app is a complex yet rewarding endeavor. It requires a blend of creativity, technical prowess, and an understanding of the digital landscape.This guide will walk you through the process of creating your own metaverse app. From understanding the metaverse landscape to launching and evolving your app, we’ve got you covered.The metaverse is a collective virtual shared space. It’s created by the convergence of virtually enhanced physical reality and physically persistent virtual reality.Metaverse apps are the gateways to these…

Sky Mavis’s prominent blockchain platform, Ronin Network, has achieved a remarkable milestone by surpassing 20 million unique wallets. This achievement underscores Ronin’s rapid growth and its increasing popularity, particularly in the blockchain gaming sector. Launched as a dedicated sidechain to support the Axie Infinity ecosystem, Ronin has gained substantial traction by offering lower transaction fees and faster processing times compared to the Ethereum mainnet. The booming popularity of Axie Infinity, one of the leading play-to-earn games in the blockchain space, is largely responsible for the surge in unique wallets on the Ronin Network. Axie Infinity’s innovative model, which allows players…

TL;DRFull StoryAlright, it’s Friday.Let’s keep things as fumb (fun n’ dumb) as possible…So, the folks at 9GAG (the spiritual home of early internet memes) and their associated web3-focused venture studio ‘Memeland,‘ are throwing the first inaugural MemeDay celebration on, 6/9/24.(With meetups at McDonalds’ in 10 cities worldwide).Why?To create the meme-focused version of Bitcoin’s annual Pizza Day, which celebrates the first time Bitcoin was used to buy real-world items — two pizzas for $30 worth of BTC (or $710M at today’s prices).Is an annual MemeDay needed?No. But it’s fun and dumb, and if there’s a: Then we think its safe to…

Stream has reportedly started a new collaboration. As per the reports, it has partnered with Azarus (a prominent Web3 layer that offers game streaming services) to combine the communities of streaming as well as gaming sectors. Azarus operates as an open platform providing interactive, live, and open digital experiences to expand content engagement. Stream Collaborates with Azarus, Joining the Streaming and Gaming Communities Azarus occupies an important place in the market by using the interactive overlay facility. Entities like Twitch utilize this feature for playable ads. With this technology, Azarus has distributed more than $2 million in rewards. In addition…

The Polkadot Blockchain Academy (PBA) has announced the launch of its highly anticipated fifth cohort, which began on May 20, 2024, in Singapore. As a reputed institution driving blockchain education, PBA aims to nurture developer talent and propel the growth of the Polkadot ecosystem.With a track record of success from its previous programs, the fifth cohort in Singapore is providing participants with an immersive and valuable learning experience. Moreover, with 18 seasoned instructors, students receive quality instruction and individualized guidance throughout the program.Source Polkadot Blockchain AcademyUnderstanding of Blockchain Technology and PolkadotThe fifth cohort encompasses approximately 184 lecture hours, providing students…