Tokyo-listed game developer Gumi wants to buy $6.6m in Bitcoin amid growing crypto interest
Japanese game studio Gumi has approved a $6.6 million Bitcoin purchase to double down on blockchain staking. Gumi Inc., a Japanese mobile game studio, is looking to strengthen its crypto presence with a major Bitcoin (BTC) purchase. In a Feb. 10 press release, the Tokyo-listed firm revealed that its board of directors has approved the […]
Stablecoin developer Usual faces backlash after changing redeem function
Stablecoin developer Usual is under scrutiny after changing 1:1 redemption mechanism for USD0++, its yield-bearing staked token tied to the USD0 stablecoin. USD0++, the staked version of the USD0 stablecoin by Usual, dropped to $0.92 — 8% below its previous redemption value — after new early exit options triggered a sell-off and disrupted its largest […]
Web3 smart ring developer CUDIS joins forces with Californian sports giant
Draper Associates-backed CUDIS has partnered with UCLA Athletics for a year-long collaboration to promote web3 smart rings among students and athletes. The web3 wellness company CUDIS has announced a one-year partnership with UCLA Athletics, a Californian collegiate sports program, to promote its AI-powered smart rings. According to a Thursday press release shared with crypto.news, the […]
Blockchain developer market becomes more centralized post-FTX, data shows
The blockchain developer ecosystem is shifting: fewer developers are entering the space, and experienced developers are dominating the work, Electric Capital’s research report shows. Blockchain developers are key to the crypto industry. They build apps and tools that attract users and create value. More users bring more developers, therefore creating a cycle of growth. Yet, […]
US charges developer in LockBit group, paid in crypto
The U.S. Department of Justice has charged Rostislav Panev, a dual Russian and Israeli national, for his alleged involvement with the LockBit ransomware group. Panev, 51, is accused of working as a developer for the group, earning over $230,000 in cryptocurrency for his contributions. Arrested in Israel in August, Panev is currently awaiting extradition to […]
First VR developer integrates with OpenAI setting stage for no-code VR development
Victoria VR’s new AI builder platform enables users to create virtual reality experiences and entire metaverses, without any programming skills. Source link
