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The investment came against a backdrop of surging Web3 gaming activity. Between January 2024 and January 2025, the number of daily active Web3 gamers reached 7.3 million, according to DappRadar. Overall, blockchain gaming activity surged 386% over that period.
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Web3 gaming studio ACID Labs closed an $8 million funding round led by a16z Speedrun to advance its social gaming infrastructure. Additional investors included NFX, Fusion VC and various gaming executives. ACID is the company behind Boinkers, a Telegram game with 11.5 million monthly players. It intends to use the funds to continue scaling its Web3 social games on Telegram.
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Once the platform becomes operational, users will have access to more than 1,300 titles across PlayStation, Microsoft Store and Steam. Some of the titles it has access to include Call of Duty, Fortnite and Rocket League.
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The SEC’s statement comes after ABC News reported the same day that US House Democrats are set to introduce a bill banning public officials, including presidents, from being able to issue, sponsor or endorse any security, commodity or digital asset, including memecoins.
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However, Milei later backtracked, pulling his support for the token, which resulted in a $107-million rug pull and has been described as an international incident.
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HK joins several companies from across Asia, including Hong Kong construction firm Ming Shing and Japan-based Metaplanet, in buying Bitcoin. In the case of Metaplanet, the company’s shares have spiked by more than 3,900% since disclosing its first Bitcoin purchase.
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https://warpcast.com/i82923598/0xc85c4c4f
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https://warpcast.com/i82923598/0x15c87a86
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https://warpcast.com/i82923598/0xd9e7106b
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https://warpcast.com/i82923598/0xd9e7106b
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Chinese gaming firm Boyaa Interactive announced that it expects its net profit for 2024 to surge by as much as 640% to 680% compared to 2023, primarily due to gains from its Bitcoin holdings, according to a filing on Feb. 16.
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On Feb. 12, the firm announced that World ID verification had become available in the Indonesian capital, Jakarta.
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The Bitcoin community has reacted strongly to Trump’s Solana-based memecoin, criticizing it as opportunistic and fundamentally at odds with Bitcoin’s principles.
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Amid the hype, some on X speculated about a potential “USA coin” as the next project. Eric Trump dismissed these rumors, clarifying that no such project was developing.
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Moonshot processed nearly $400 million in volume over the past 12 hours, breaking records for fiat on-ramp usage and bringing over 200,000 new users onchain.
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In November, US crypto stocks such as COIN saw massive gains following Donald Trump’s victory in the presidential election, as many say his win will benefit the industry, Cointelegraph Research said.
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While the tradition stems from a crypto-like commitment to open records and transparency, an unintended consequence is providing criminals with a “hit list” of wealthy citizens to target who have large, self-custodied crypto holdings. The move has been labeled by one Norwegian Bitcoiner as “completely insane, putting a target on the back of all of these people.”
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Scandinavian countries — Norway, Sweden and Finland — have a policy of total financial transparency that sees each citizen’s financial records published annually along with their names, birth date and home addresses.
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South Korea has faced political turmoil in recent weeks, with President Yoon Suk Yeol declaring martial law on Dec. 3. The declaration sent Bitcoin’s price crashing on local exchanges.
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When the allegations surfaced in 2023, Kim stepped down from the Democratic Party.
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