Justin Sun, the founder of Tron, stated that Tron, Huobi Global, and Poloniex will back Binance in their endeavor. Binance CEO Changpeng "CZ" Zhao has announced the establishment of an industry recovery fund to aid in the rebuilding of the industry. CZ stated that further information would be released in the following days and that the fund is accessible to industry co-investors. Justin Sun, the founder of Tron, stated that Tron, Huobi Global, and Poloniex will back Binance in their endeavor.

Facing the growing mistrust among crypto investors after the FTX collapse, crypto exchanges unanimously agreed to disclose proof of reserve with the public as a way to demonstrate legitimacy However, certain anomalies discovered during on-chain investigations point to fraud and market manipulation. Investigators discovered that 320,000 Ether was sent to Gate.io on October 21, 2022, just two days after Crypto.com made the details of their cold storage information available. The Twitter community

The cryptocurrency firm Aptos has revealed that it will collaborate with Google Cloud. According to Mo Shaikh, co-founder and CEO of the startup, this time the collaboration between the two organizations is “aimed at moving the Web3 movement forward with community and strong tech at the heart”. In a panel discussion at Token2049 in London, Shaikh provided details of the partnership alongside Simon Baksys, the go-to-market and business development lead for Google's web3 division. "I think the f

Sam Bankman-Fried has reportedly asked investors for $8 billion in emergency funding to cover a shortfall caused by the flood of withdrawal requests to his crypto exchange in recent days. The CEO reportedly made the request to investors in a Nov. 9 call where he discussed ways to help solve FTX's financial problems, the Wall Street Journal (WSJ) reported. According to the source, Bankman-Fried wants to raise $3 billion to $4 billion in equity, and the exchange could raise additional debt to ma

The consumer price index (CPI) increased by 0.4% in October, much less than the 0.6% consensus estimate, according to data released on Thursday by the U.S. Labor Department. In contrast to expectations for 8% and down from 8.2% in September, the annual pace slowed to just 7.7%. Due to the FTX meltdown, Bitcoin (BTC), which dropped to a new two-year low of $15,554 on Wednesday, quickly gained $1,500, or roughly 10%, in the minutes following the report. Its price at the time of publication is $17

In collaboration with Uplandme, Matchday, Phygtl, and Altered State Machine, the world's governing body of soccer has introduced a variety of World Cup-themed games. You can now experience the thrill of FIFA World Cup through these blockchain titles FIFA, the international governing body of soccer, has expanded into Web3 gaming by releasing four NFT games ahead of World Cup 2022. Ahead of the 2022 World Cup, FIFA, the world's governing body of soccer, entered the Web3 gaming market by produc

GameFi.org community can rest assured we safeguard all users and project assets and GameFi.org is unaffected financially by the FTX, Alameda Research, Three Arrows Capital, and Terra occurrences.

MetaMask, a well-known crypto wallet provider, has released a new feature that allows users to transfer their cryptocurrency across several chains. According to a blog post by MetaMask, the service is a component of its recently released portfolio app and is currently in beta testing. Connext, Hop, Celer cBridge, and Polygon Bridge are the four bridge providers that MetaMask claims its bridge aggregator will support. The cryptocurrency wallet service asserted to have gone through a thorough sc

According to the official statement, Symbiogenesis is a digital art experience that lets users collect in-game characters as NFTs Japanese gaming giant's official entry into blockchain by launching its First NFT Game in Spring 2023 Meet Symbiogenesis - a Web3 title by Square Enix Guess what? Square Enix, the company that created Final Fantasy, has unveiled Symbiogenesis as its first NFT game. That marks the Japanese gaming giant's official entry into blockchain gaming on a larger scale. Sym

The firms plan to collaborate on Web3 games after NCSoft contributed to Mysten Labs' recent $300M Series B round. The well-known South Korean developer and publisher NCSoft is focusing more on Web3 gaming. The company announced today that it contributed to the $300 million Series B fundraising round recently completed by Mysten Labs, the company behind the developing Sui blockchain, and that the two will work together on further initiatives   NCSoft—the company behind hit online game franchise