Bitcoin Runes Launch, Yuga Labs Sell Gaming IP, Ronin Partners with Ragnarok

GM. This is the Wise Dog, the best source for web3 gaming news. We curate all the latest Crypto gaming news, so you have time to watch the new Fallout series.

Never financial advice.

MARKET REVIEW

_{* Cryptocurrency data as of 4:00 AM ET 23rd April}

CRYPTO GAMING HEADLINES

($RON) Ronin Network has announced a partnership with Ragnarok for Ragnarok: Monster World. The iconic gaming universe becomes the first web 2 IP to launch on Ronin.

Yuga Labs has sold the IP for NFT games HV-MTL and Legends of the Mara to Faraway. This move comes as they shift their focus on their remaining gaming projects, "Otherside" and “Donkey Dash”. 

Animoca Brands has entered into a memorandum of understanding with Square Enix. The collaboration aims to strengthen the global marketing of Square enix’s NFT game, SYMBIOGENESIS. 

A16Z has raised $600 million following the successful closure of A16Z GAMES FUND TWO. The raised funds will be allocated to investing in early-stage game developers.

($ILV) Illuvium is launching a token airdrop following the release of its Private Beta 4. A total of 250,000 ILV tokens will be airdropped, with a value exceeding $23 million.

($XTER) Xterio games and BNB have revealed their new L2 Blockchain. The MACH AVS pool, powered by EigenLayer and AltLayer, is nearing $2 billion in restaked ETH.

OTHER CRYPTO HEADLINES

($BTC) Bitcoin Runes has launched right after the anticipated halving. The new protocol was responsible for over 57% of transactions that took place on halving day. 

Bitcoin Core 27.0 was released last week. The update brings notable changes to the blockchain and removes irrelevant software elements from its codebase. 

Ethereum layer 2 Scroll has unveiled its loyalty program to reward early adopters and active users. “Scroll Marks” will be allocated to members who have interacted with Scroll since the mainnet genesis block on October 10, 2023.

($SEI) Pallet Exchange founders have secured $2.5 million in funding for the NFT marketplace. The funds raised are aimed at retaining users during market downturns.

($BONK) Solana Meme coins Bonk! saw a price surge of over 42% over the weekend. This comes after a community proposal to burn 280 billion BONK tokens from its treasury.

PROJECT SPOTLIGHT

WEMIX $WEMIX

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_{Important Disclaimer: This content is for informational purposes only and should not be considered financial advice. Accuracy not guaranteed. Always do your own research before making any trades.}