Crypto market-maker Caladan estimates that 93% of Web3 gaming projects are now effectively dead. Roughly $12 billion in capital has been committed since 2020, with average token prices off 95% from their 2022 peaks. Published April 22, the study is built on a ChainPlay review of more than 3,200 GameFi titles. It reads as one … Read more

The gaming world is at a crossroads. For decades, the success of a video game has been measured by two core metrics, the depth of its storyline and the quality of its graphics. Yet, in the era of decentralized technology and the ubiquitous mobile phone, these traditional fundamentals are being challenged and expanded upon. This … Read more

Online gaming storefront Steam unknowingly hosted crypto malware through one of its games. “Block Blasters,” the fake game in question, enabled at least $150,000 in token thefts. Steam removed this game after popular crypto sleuths amplified news of the hack. Still, the incident represents a major security breach for this venerable software platform. Steam Hosted … Read more