Author: Jeremy Ryan

Influence announces the date for phase 3 of their test and earn game preview. Offering new features, functionality, and chances to earn SWAY tokens, this event begins on January 25th and is open to everyone! This will be the third of the test and earn events from Influence. During these events, players who participate and complete specific tasks can earn SWAY tokens. In the past, tasks have included things such as buying an asteroid or creating a crew member. This upcoming release brings us a number of new features related to extracting, moving, and storing resources. Now players can get…

The sense of smell has been added to the virtual reality (VR) experience as showcased by metaverse-focused companies at the Consumer Electronics Show (CES) 2023.A recent report from consulting firm McKinsey & Company predicted that the metaverse could potentially generate $5 trillion in value by 2030. However, the report noted that metaverse success would need a more developed human aspect that delivers positive experiences to its users. One of these catalysts may be the integration of the sense of smell and touch into VR experiences which were showcased at the recent CES. As reported by Fortune, one of the firms…

DOGAMÍ, a Web3 game featuring companion pets, raised $7M in a seed funding round led by Berlin and Paris-based VC firm XAnge. The investment round also included Bpifrance, a French investment bank, Wagram Capital, and Blockchain Founders Fund. The $7M seed funding follows an initial round of $6M that took place in January 2022 in which Ubisoft, Animoca Brands, The Sandbox co-founders, Draper Goren Holm, Tezos, GSR, and other strategic investors backed DOGAMÍ. The game company secured a total of $14M in funding with these rounds. Following the seed funding, Max Stöckl, Co-founder and CEO of DOGAMÍ, said, “With DOGAMÍ, we aspire to…

Less than 48 hours after a raid on cryptocurrency lender Nexo’s offices in the Bulgarian capital of Sofia, prosecutors have reportedly charged four people.According to a Jan. 13 report by Bloomberg, authorities charged four Bulgarian nationals with forming an organized crime group, which may have included activities related to money laundering and unlicensed banking. The country’s National Police Service reportedly seized a number of assets as part of the investigation, including cryptocurrency, cash and computers.Following the Jan. 12 raid, Nexo described prosecutors’ actions as a “kick first, ask questions later” approach. The company reportedly planned to file a lawsuit seeking…

When it comes to Metaverse gaming, Project Drone Galaxy from the Drone Racing League is perhaps one of the most anticipated. Due to debut on Algroland later this year, its first trailer has officially been released. The trailer shows a little of what is to come, with players being able to build their own drones and then compete for glory on the race track. The Incoming GameDrone racing is already popular in its own right but the Drone Racing League is looking to take it to the next level. The incoming Project Drone Galaxy will feature top-notch and hyperrealistic visuals that will…

beginner Market volatility is nothing new, but it has reached its height in recent years. This has led to a lot of hype and buzz around stablecoins, which are designed to maintain their value regardless of market trends. The USDT Tether token is one of the most popular stablecoins on the market, and many traders have turned to it to mitigate the effects of market volatility. However, there is some controversy surrounding USDT Tether, as some have claimed it’s being used to manipulate the crypto market. Despite this, it is still among the most widely used stablecoins. Let’s deep dive…

In this week’s newsletter, read about how the metaverse may integrate touch and smell. Check out how the nonfungible token (NFT) project Moonbirds plans to become a global brand and how NFT marketplace Magic Eden will refund users affected by a recent exploit. In other news, find out how NFT image hosting issues can be resolved, according to executives within the NFT space. And don’t forget this week’s Nifty News featuring a warning to gamers about a fake Pokemon NFT game spreading malware. Touch and smell become the next big thing for the metaverse at CES 2023One of the catalysts for…

Hackers hide malware in fake NFT gameA phishing website purporting to offer a Pokémon-branded nonfungible token (NFT) card game has been spreading malware to unsuspecting gamers, a cybersecurity firm has warned. The website, which at the time of writing was still online, also claims to offer an NFT marketplace, with a link to buy tokens, and even an area to stake NFTs — all based on the popular Japanese media franchise.However, an arm of the South Korean cybersecurity firm AhnLab warned the public about the website on Jan. 6, noting that instead of downloading agame, users were actually downloading a remote…

The latest expansion for Skyweaver, Hexbound Invasion, lands on January 16th. Featuring 50 new cards, 10 for each Prism, this expansion release includes a new card ability, and the new Skypass! Skyweaver prepares to release their next expansion, Hexbound Invasion. The lore for this release features armies of creatures infected by Hexbound sickness gathering for destruction while the other forces of the world marshal their troops for defense. With ten new cards for each Prism, six units and four spells, there should be plenty of opportunity for everyone to tweak their decks with these new cards. Hexbound Invasion comes with…

Nikhil Gopalani, the COO at RTFKT, is starting the year on a sad note after his NFT wallet was compromised in a phishing attack. This resulted in the loss of most of his portfolio of digital collectibles, worth a fortune, in an instant.The COO went on Twitter on Tuesday to break the news, sounding quite depressed by the whole ordeal. Unfortunately, some of his valuable pieces have changed hands several times, despite the fact that some buyers appear to be unaware of their origin.Hey Clone X community – I was hacked by a clever Phisher (same phone # as apple…