Istanbul-based game studio Circle Games recently completed a $7.25 million seed financing round, primarily aimed at developing the project Sort Express and other games, to facilitate team expansion. This financing reflects the rapid rise of the mobile gaming industry in Turkey.

According to reports, the new Ethereum Improvement Proposal (EIP) will reduce the block time by 33% and increase the data capacity, thereby increasing the overall throughput by 50%. The proposal aims to reduce the block time on the Ethereum network from 12 seconds to 8 seconds, increase the aggregated latency, and increase the capacity of the blob. This is considered the "first big step" in improving the underlying layer of the Ethereum network, allowing developers to focus on the Ethereum L2 network as an expansion solution. The proposal has been endorsed by Justin Drake, a researcher at the Ethereum Foundation.

The Open Platform (TOP) announced a strategic investment in game development company Akedo Games to support its development of the TON blockchain ecosystem in Telegram games. The Akedo team has been involved in the development of numerous well-known games and will benefit from TOP's TON developer network and ecosystem resources. TOP has previously supported several prominent projects on TON.

Odaily Planet Daily News Akedo Games receives strategic investment from The Open Platform (TOP) to support its development of Telegram games in the TON blockchain ecosystem. The first Telegram game, Akedog, will be launched on July 18. (The Block)

This week, mainstream cryptocurrencies across the network will collectively unlock $188 million in tokens, with 7 projects experiencing one-time unlocks, including AltLayer, Yield Guild Games, SingularityNET, Echelon Prime, Optimism, Ethena Labs, and Sui. The total amount of these tokens accounts for between 0.67% and 6.92% of the circulating supply.

According to ChainCatcher news reported by Protos, Ammar Zaeem, co-CEO of Revolving Games, has been accused by an angel investor of failing to fulfill a promise regarding a $100,000 investment refund and NFT losses. The investor claims that despite multiple reminders and a clear deadline, Zaeem has still not fulfilled the refund promise and even deleted the chat records. Zaeem, on the other hand, countered that the refund is not within his business scope and that he has tried to assist the investor in other ways.

Gate News bot message, recently, game development studio Cold River Games announced the completion of $2 million in financing, which will be used to support the development of its ARPG game "Crystalfall." This round of financing has received support from multiple investment institutions, including Beam Investments, CoinFund, Partnerinvest Norr, Avalanche Foundation, and A100x.

Gate News bot message, game development studio Cold River Games announced that it has secured $2 million in financing, which will be used for the development of the ARPG game "Crystalfall." The investors in this round of financing include Beam Investments, CoinFund, Partnerinvest Norr, Avalanche Foundation, A100x Ventures, Lyrik Ventures, and MH Ventures.

According to the Gate News bot and PANews, game development studio Cold River Games has recently completed a $2 million funding round. This round was supported by institutions such as Beam Investments, CoinFund, Partnerinvest Norr, Avalanche Foundation, A100x Ventures, Lyrik Ventures, and MH Ventures. The funding will be used to support its ARPG.

Gate News bot message, Swedish game studio Cold River Games has completed a $2 million financing round, which will be used to develop the free ARPG game "Crystalfall". This round of financing was led by Beam Investments, with participation from Partnerinvest Norr, CoinFund, Avalanche Foundation, A100X, MH Ventures, and others. It is reported that "Cryst

Golden Finance reported that the Web3 identification protocol Shards Protocol has completed a $2 million funding round, with participation from institutions such as Animoca Brands, Kyber Ventures, and Yield Guild Games.

According to Gate News bot, Voya Games, a Web3 game developer, has raised $5 million in funding. This round of financing was co-led by 1kx and Makers Fund, with participation from institutions such as RockawayX. The funds raised will be invested in the development of the leisure resource management game Craft World, which is currently in the testnet phase. Source: Wu Shuo

Voya Games has secured $5 million in funding, primarily to support the development of its casual Web3 game Craft World, which is currently in the testing phase. Investors include 1kx, Makers Fund, and RockawayX, with angel investors such as Sky Mavis co-founder Jeff 'Jihoz' Zirlin and The Sandbox COO Sébastien Borget.

Web3 game developer Voya Games has completed a $5 million financing round led by 1kx and Makers Fund, with participation from RockawayX. Angel investors include Jeff Jihoz Zirlin, co-founder of Sky Mavis, and Sébastien Borget, COO of The Sandbox. The funds will be used to support the development of the casual Web3 game Craft World, a casual resource management game where players collaborate with dinosaurs to rebuild civilization, which is currently in the Testnet phase.

Game guild Yield Guild Games launches Studio Chain, with partners including Karrat, My Pet Hooligan, and AMGI Studios. The platform features high throughput, low latency, custom gasToken, security, and Cross-Chain Interaction interoperability, among other characteristics. Additionally, the platform supports fast data processing and off-chain channels.

Piers Kicks, founding partner of Delphi Ventures, said that the investment in Gunzilla Games is its largest game investment to date, and its Off The Grid is the first on-chain game to land on PC and game consoles in less than 60 days. This may also be the best opportunity in the industry to attract the next 50 million users to go on-chain.

According to Gate News bot, Tencent is exploring a $15 billion acquisition deal for game developer Nexon, as reported by the Financial Association. Tencent has established a long-term partnership with Nexon, with Tencent responsible for the operation of the domestic version of the game Dungeon & Fighter. Nexon's portfolio in the Web3 space includes MapleStory Universe, Oasys, and CCP Games.

On December 19, Jinshi Data reported that on December 18 local time, Epic, the developer of the Unreal Engine,

1. Opti Games completed a $2 million financing, with L1D as the lead investor; 2. Chain game platform Party Icons completed a $9 million seed round financing; 3. Blockchain payment company Borderless.xyz completed a $3 million financing; 4. Defi lending platform Fluid Protocol completed a $3.9 million seed round financing;

Game studio Gunzilla Games announced that encryption risk investment company Delphi Ventures has become the largest validators on the GUNZ Block platform. GUNZ provides in-game assets as fully owned Non-fungible Tokens for trading, and OTG games are expected to be released later this year. Delphi Ventures has also invested around $6 million in Gunzilla Games.

Odaily Planet Daily News Nakamoto Games announced the launch of Web2 Onboarding V1 on the X platform, with specific updates including: easy registration and login, and the ability to manage NAKA directly on the platform via Telegram or mobile device.

The shooting game BloodLoop on the PC based on Avalanche has been launched on the Epic Games Store, and the first season of play-to-airdrop activities has been released. Players earn points by completing missions, and the higher the level, the larger the airdrop amount. The server will be online every day before June 30th, UTC time, from 10 am to 3 pm and from 7 pm to midnight. Developer 7 Digital Labs previously completed a $4 million seed round of financing.

Odaily Star News: The Colony announced on X platform that it has reached a cooperation with Orange Cap Games and will launch a TCG based on the Pudgy Penguins IP.

Gate News bot news, the blockchain game development studio Orange Cap Games announced the acquisition of the Moonbirds, Mythics, and Oddities IP from Yuga Labs. According to the acquisition plan, Orange Cap Games will create 3D virtual avatars for Moonbirds and integrate them into the Otherside virtual world. In addition, related on-chain content will be prioritized for deployment on the Mainnet or ApeChain Layer 2 network. Source: Wu Says

According to Gate.io News bot, Decrypt reported that after Epic Games lost the antitrust case, Apple updated the review guidelines for the iOS App Store. The new policy targets applications in the US region, allowing developers to guide users to use third-party payment methods and lifting the restrictions on users browsing others' NFT collections. The court previously ruled that Apple "deliberately" violated the 2021 injunction, requiring it to stop charging a 27% fee for external app payments and to lift restrictions on payment redirection. The new regulation does not involve in-app features such as premium content or in-game purchases. Apple has made it clear in its new policy that it still prohibits applications from distributing tokens through task completion, launching ICOs, or using devices for cryptocurrency mining.

Odaily Planet Daily News Chain Game Guild Yield Guild Games said that YGG Token can now be transferred on Base. In addition, the official said that the zero gas fee activity for YGG on Base will continue from January 6, 2025 to February 2.

PANews, August 16 news, according to Jin10 reports, Epic Games has launched the iOS store in Europe and the Android store globally. Epic Games expects to have 100 million users by the end of the year. iOS users outside the EU will not have access to the store.

On August 16, Jinshi Data reported that Epic Games launched the iOS store in Europe and rolled out the Android store globally. Epic Games expects to have 100 million users by the end of the year. iOS users outside the EU will not be able to access the store.

A100x Venture Capital has announced the launch of its second fund, totaling $50 million, to support AI, digital asset, and Blockchain startups. The fund will begin operations in mid-2024 and has already completed 15 rounds of investment. A100x's portfolio includes companies such as Blockdaemon, Coreweave, Nansen, Mythical Games, and Securitize.

A100x has announced the launch of a new fund, with a scale of $50 million, dedicated to supporting startups in the fields of artificial intelligence, digital assets, and Blockchain. Investments have been made in projects including Blockdaemon, Coreweave, Nansen, Mythical Games, Securitize, and others.

Epic Games has sparked a class action lawsuit over accusations of defrauding players over its Fortnite store sales strategy. The prosecution said that it created a "scarcity illusion" to affect players' emotions, and it has been submitted to the US court. Epic Games has denied the allegations, saying the description misrepresents how Fortnite works.

Golden Finance reported that YOLO Games, according to data released on the X platform, its ETH Liquidity Provider has acquired over 1,000 ETH in just two months. The Yolo pool is still open, supporting the earning of Blast Gold through stacking Droplets and holding yYOLO.

According to the Gate.io News bot, Cointelegraph reported that the Supreme Court of Gibraltar recently ruled to lift the freeze on 542 million PLAY Tokens. The court found that the evidence for the previous freeze was insufficient and that the freeze had a negative impact on the value of the Tokens. The freeze stems from allegations made by Ready Games regarding the illegal takeover of its Gibraltar subsidiary and CEO Christina Macedo's company and assets. The number of frozen tokens accounts for nearly two-thirds of the total circulating supply of PLAY tokens, currently valued at approximately $2.6 million. According to the data, since its launch in December 2023, the price of the PLAY Token has dropped by over 97%.

Gaia is a decentralized web project that aims to provide secure, censorship-resistant, and monetizable AI proxy services. Its core developer, Harish Kotra, shared the topic of running an open source LLM at ETHDenver 2025. GaiaNet is built on edge computing nodes controlled by individuals and businesses, designed to fuse everyone's know-how and skills while protecting privacy.

YGG's game project Guild Advancement Program Season 7 has been launched, including 11 games. Participants can receive rewards by completing tasks without waiting for the end of the season.

Block chain game development studio Orange Cap Games has completed a $2 million Pre-Seed Angel Round financing, with financing from LayerZero CEO Bryan Pellegrino, YGG founder Gabriel Dizon, Dapper Labs executive Amber, and others. The new funds will be used for the development of its upcoming trading card game Vibes, which has the intellectual property of Pudgy Penguins.

Jinse Caijing reported that the MultiversX Foundation has announced the launch of a $1.5 million annual funding program 'Growth'

Golden Finance reported that blockchain game developer Delabs Games announced the completion of a new round of strategic financing, with TON Ventures participating. The specific financing amount and valuation information have not been disclosed. The new funds will be used for the rise of Delabs Games and deploying its game projects on the TON blockchain. Previous reports indicated that Delabs

On October 5th, Jinshi Data reported that according to foreign media reports, Prince Faisal bin Bandar, Vice Chairman of the Savvy Games Group, a subsidiary of the Saudi sovereign wealth fund, said in an interview that the fund is considering increasing its stake in Nintendo and other Japanese game companies. The report quoted him as saying that Public Investment...

Golden Finance reported that the game-centric Mythos Chain on-chain Non-fungible Token sales have exceeded 500 million dollars, reaching 501,013,216 dollars at the time of writing, with an on-chain volume of nearly 2.8 million transactions, including approximately 562,000 buyers and close to 500,000 sellers. It is reported that Mythos Chain is a licensed EVM blockchain and gaming ecosystem, with Mythical Games being the initial contributors and supporters of Mythos. Mythos Chain primarily hosts its game assets and Non-fungible Token marketplace.