Blockchain

Ava Labs has hired executives from OKX and Polygon to lead India operations, citing the country’s passion for crypto and blockchain-friendly policies.

FRUITS Eco-Blockchain is revolutionizing play-to-earn gaming by allowing users to earn NFTs representing physical gold eggs through gameplay.

Reddit is shutting down its Community Points program that used blockchain tokens to reward users, citing challenges with scaling and regulations.

The new partnership between pioneering Metaverse company LasMeta and innovative software platform Stardust may dramatically transform blockchain gaming in the emerging Metaverse.

Despite the crypto bear market, blockchain gaming attracted $600 million in investments in Q3 2023, though still only half of Q3 2022’s total.

Immutable has collaborated with Amazon Web Services (AWS) in an effort to transform blockchain-based gaming by improving scalability, reducing costs, and supporting developers.

Hong Kong-based Web3 and blockchain fund CMCC Global has launched a new $100 million venture capital fund called Titan Fund focused on early-stage investments.

Brazil is rolling out a blockchain-based digital identity program, with Rio de Janeiro, Goiás, and Paraná being the first states to issue ID documents on the blockchain.

Google Cloud’s BigQuery data warehouse service expanded its blockchain coverage by adding 11 more networks, now totaling 19 different blockchain datasets.

South Korea’s second largest city Busan is allocating $75 million to develop an open public blockchain network compatible with Ethereum and Cosmos, aiming to make Busan a blockchain city.